PT MNC Sky Vision Tbk (ISX:MSKY) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:MSKY PT MNC Sky Vision Tbk ISX:MSKY
44 GF Score
Price Rp68.00
GF Value Rp39.00
Valuation Significantly Overvalued
! 4 Warning Signs
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What is PT MNC Sky Vision Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT MNC Sky Vision Tbk  (ISX:MSKY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PT MNC Sky Vision Tbk Cyclically Adjusted PB Ratio Related Terms


PT MNC Sky Vision Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT MNC Sky Vision Tbk's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT MNC Sky Vision Tbk Cyclically Adjusted PB Ratio Chart

PT MNC Sky Vision Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 0.83 0.38 0.27 0.33

PT MNC Sky Vision Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.37 0.32 0.29 0.26

ISX:MSKY vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, PT MNC Sky Vision Tbk's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT MNC Sky Vision Tbk Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT MNC Sky Vision Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT MNC Sky Vision Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:MSKY
44GF Score
PT MNC Sky Vision Tbk ISX:MSKY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT MNC Sky Vision Tbk Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PT MNC Sky Vision Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT MNC Sky Vision Tbk's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=71.019/137.6954*137.6954
=71.019

Current CPI (Jun. 2026) = 137.6954.

PT MNC Sky Vision Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 341.643 104.142 451.715
201612 163.365 105.222 213.783
201703 149.988 106.476 193.966
201706 137.801 107.722 176.145
201709 251.008 108.020 319.964
201712 242.991 109.017 306.913
201803 234.625 110.097 293.441
201806 227.839 111.085 282.419
201809 216.697 111.135 268.487
201812 228.523 112.430 279.877
201903 222.896 112.829 272.021
201906 218.825 114.730 262.627
201909 282.941 114.905 339.061
201912 285.143 115.486 339.980
202003 270.120 116.252 319.944
202006 276.754 116.630 326.741
202009 271.603 116.397 321.302
202012 266.511 117.318 312.802
202103 262.954 117.840 307.261
202106 256.854 118.184 299.259
202109 254.876 118.262 296.759
202112 248.596 119.516 286.409
202203 242.802 120.948 276.422
202206 239.047 123.322 266.907
202209 232.752 125.298 255.780
202212 224.020 126.098 244.624
202303 217.790 126.953 236.220
202306 209.398 127.663 225.854
202309 193.649 128.151 208.071
202312 196.173 129.395 208.758
202403 188.888 130.607 199.139
202406 182.822 130.792 192.472
202409 178.158 130.361 188.182
202412 183.886 131.432 192.650
202503 176.350 131.948 184.031
202506 169.354 133.241 175.016
202509 164.227 133.819 168.984
202512 78.160 135.271 79.561
202603 76.463 136.539 77.111
202606 71.019 137.695 71.019

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is PT MNC Sky Vision Tbk (ISX:MSKY) Overvalued in 2026?

Based on GuruFocus' analysis, PT MNC Sky Vision Tbk stock appears to be overvalued. The current stock price of Rp68.00 is trading 74.4% above its estimated GF Value™ of Rp39.00. GuruFocus considers PT MNC Sky Vision Tbk to be Significantly Overvalued.

Key valuation signals for ISX:MSKY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: Rp39.00 vs. price of Rp68.00 (74.4% above fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the ISX:MSKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT MNC Sky Vision Tbk Business Description

Address Jalan Raya Panjang Z/III, Green Garden, Jakarta Barat, Jakarta, IDN, 11520
PT MNC Sky Vision Tbk operates a subscription-based broadcasting service. It is engaged in the retransmission and marketing of several international television programs through satellites . It distributes its service throughout Indonesia. Its segment comprises MNC Vision and Others. The firm's product offerings include Vision Family, Vision Starter, and Vision Lite.
44GF Score

Get the complete analysis for ISX:MSKY

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp68.00
Price
Rp39.00
GF Value