PT Capitalinc Investment Tbk (ISX:MTFN) Cyclically Adjusted PB Ratio: (As of Aug. 14, 2026)

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ISX:MTFN PT Capitalinc Investment Tbk ISX:MTFN
51 GF Score
Price Rp13.00
GF Value Rp26.61
Valuation Possible Value Trap
! 5 Warning Signs
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What is PT Capitalinc Investment Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Capitalinc Investment Tbk  (ISX:MTFN) 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 Capitalinc Investment Tbk Cyclically Adjusted PB Ratio Related Terms


PT Capitalinc Investment Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Capitalinc Investment 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 Capitalinc Investment Tbk Cyclically Adjusted PB Ratio Chart

PT Capitalinc Investment 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 1.77 1.90 2.77 0.78 0.00

PT Capitalinc Investment Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.34 1.18 44.40 0.00 0.00

ISX:MTFN vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, PT Capitalinc Investment 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 Capitalinc Investment Tbk Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Capitalinc Investment Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Capitalinc Investment Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:MTFN
51GF Score
PT Capitalinc Investment Tbk ISX:MTFN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Capitalinc Investment 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 Capitalinc Investment Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Capitalinc Investment Tbk's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-17.175/136.5387*136.5387
=-17.175

Current CPI (Mar. 2026) = 136.5387.

PT Capitalinc Investment Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 36.314 103.212 48.039
201609 35.602 104.142 46.677
201612 -0.451 105.222 -0.585
201703 0.000 106.476 0.000
201706 0.000 107.722 0.000
201709 -0.167 108.020 -0.211
201712 0.142 109.017 0.178
201803 0.155 110.097 0.192
201806 0.529 111.085 0.650
201809 0.673 111.135 0.827
201812 0.200 112.430 0.243
201903 0.204 112.829 0.247
201906 0.204 114.730 0.243
201909 0.014 114.905 0.017
201912 0.641 115.486 0.758
202003 0.358 116.252 0.420
202006 0.635 116.630 0.743
202009 0.635 116.397 0.745
202012 -0.383 117.318 -0.446
202103 -0.545 117.840 -0.631
202106 -0.768 118.184 -0.887
202109 -0.965 118.262 -1.114
202112 -0.609 119.516 -0.696
202203 -0.789 120.948 -0.891
202206 -0.996 123.322 -1.103
202209 -1.209 125.298 -1.317
202212 -11.640 126.098 -12.604
202303 -11.350 126.953 -12.207
202306 -11.359 127.663 -12.149
202309 -11.948 128.151 -12.730
202312 -12.470 129.395 -13.158
202403 -13.044 130.607 -13.636
202406 -13.353 130.792 -13.940
202409 -12.715 130.361 -13.318
202412 -15.398 131.432 -15.996
202503 -15.872 131.948 -16.424
202506 -15.392 133.241 -15.773
202509 -15.688 133.819 -16.007
202512 -16.630 135.271 -16.786
202603 -17.175 136.539 -17.175

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 Capitalinc Investment Tbk (ISX:MTFN) Overvalued in 2026?

Based on GuruFocus' analysis, PT Capitalinc Investment Tbk stock appears to be undervalued. The current stock price of Rp13.00 is trading 51.1% below its estimated GF Value™ of Rp26.61. GuruFocus considers PT Capitalinc Investment Tbk to be Possible Value Trap.

Key valuation signals for ISX:MTFN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: Rp26.61 vs. price of Rp13.00 (51.1% below fair value)
  • GF Score™: 51/100 with 5 warning signs

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


PT Capitalinc Investment Tbk Business Description

Industry EnergyOil & Gas
Address Jalan Radio Dalam Raya No.2, Kebayoran baru, North Gandaria, Kebayoran Baru, Jakarta, IDN, 12140
PT Capitalinc Investment Tbk is an Indonesian-based company engaged in financial services, which invests in mining and energy, focusing on oil and gas. The company's investment in the form of shares ownership in some subsidiaries and associates of the company usually held on oil and gas companies, from upstream and downstream. The group derives revenue mainly from the sales and services revenue from its subsidiaries. The group's operating segments are Business Investment segment and Oil and Gas segment. It generates the majority of the revenue from Oil & Gas segment.
51GF Score

Get the complete analysis for ISX:MTFN

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

Rp13.00
Price
Rp26.61
GF Value