PT Metropolitan Land Tbk (ISX:MTLA) Cyclically Adjusted PB Ratio: 0.88 (As of Aug. 15, 2026) — Near Median

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ISX:MTLA PT Metropolitan Land Tbk ISX:MTLA
83 GF Score
Price Rp515.00
GF Value Rp414.05
Valuation Modestly Overvalued
! 5 Warning Signs
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What is PT Metropolitan Land Tbk Cyclically Adjusted PB Ratio?

PT Metropolitan Land Tbk ISX:MTLA 83 Cyclically Adjusted PB Ratio is 0.88 as of Aug. 15, 2026, which is at its 10-year median of 0.88. GuruFocus rates ISX:MTLA with a GF Score™ of 83/100 and a GF Value™ of Rp414.05 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,401 Real Estate companies, PT Metropolitan Land Tbk ranks worse than 59.03% on this metric.

As of today (2026-08-15), PT Metropolitan Land Tbk's current share price is Rp515.00. PT Metropolitan Land Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp582.43. PT Metropolitan Land Tbk's Cyclically Adjusted PB Ratio for today is 0.88.

The historical rank and industry rank for PT Metropolitan Land Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:MTLA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 0.88   Max: 1.27
Current: 0.88

During the past years, PT Metropolitan Land Tbk's highest Cyclically Adjusted PB Ratio was 1.27. The lowest was 0.78. And the median was 0.88.

ISX:MTLA's Cyclically Adjusted PB Ratio is ranked worse than
59.03% of 1401 companies
in the Real Estate industry
Industry Median: 0.69 vs ISX:MTLA: 0.88

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

PT Metropolitan Land Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp728.886. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is Rp582.43 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Metropolitan Land Tbk  (ISX:MTLA) 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 Metropolitan Land Tbk Cyclically Adjusted PB Ratio Related Terms


PT Metropolitan Land Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Metropolitan Land 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 Metropolitan Land Tbk Cyclically Adjusted PB Ratio Chart

PT Metropolitan Land 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 1.20 0.91 0.87 0.95 1.13

PT Metropolitan Land 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 0.94 0.84 1.13 1.13 1.01

ISX:MTLA vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, PT Metropolitan Land 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 Metropolitan Land Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Metropolitan Land Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:MTLA
83GF Score
PT Metropolitan Land Tbk ISX:MTLA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Metropolitan Land 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 Metropolitan Land Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=515.00/582.43
=0.88

* 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 Metropolitan Land Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Metropolitan Land 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)
=728.886/137.6954*137.6954
=728.886

Current CPI (Jun. 2026) = 137.6954.

PT Metropolitan Land Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 293.914 104.142 388.608
201612 306.956 105.222 401.689
201703 315.008 106.476 407.371
201706 315.801 107.722 403.674
201709 320.993 108.020 409.175
201712 358.902 109.017 453.316
201803 370.041 110.097 462.803
201806 379.835 111.085 470.826
201809 388.274 111.135 481.071
201812 413.564 112.430 506.501
201903 423.469 112.829 516.800
201906 431.517 114.730 517.892
201909 437.108 114.905 523.806
201912 467.183 115.486 557.029
202003 474.376 116.252 561.876
202006 478.087 116.630 564.439
202009 485.386 116.397 574.204
202012 495.023 117.318 581.005
202103 501.652 117.840 586.179
202106 498.957 118.184 581.332
202109 514.385 118.262 598.913
202112 536.885 119.516 618.549
202203 544.906 120.948 620.357
202206 551.339 123.322 615.597
202209 563.485 125.298 619.236
202212 579.623 126.098 632.933
202303 588.528 126.953 638.330
202306 586.943 127.663 633.068
202309 608.603 128.151 653.928
202312 623.593 129.395 663.597
202403 622.257 130.607 656.029
202406 636.875 130.792 670.492
202409 653.680 130.361 690.458
202412 674.210 131.432 706.342
202503 684.047 131.948 713.841
202506 690.172 133.241 713.247
202509 693.325 133.819 713.409
202512 716.556 135.271 729.398
202603 724.676 136.539 730.815
202606 728.886 137.695 728.886

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.

What does a Cyclically Adjusted PB Ratio of 0.88 mean?
PT Metropolitan Land Tbk (ISX:MTLA) has a Cyclically Adjusted PB Ratio of 0.88 as of Aug. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on PT Metropolitan Land Tbk and its competitors. This is near median its historical median of 0.88. Over the past decade, PT Metropolitan Land Tbk's Cyclically Adjusted PB Ratio has ranged from 0.78 to 1.27. According to the industry distribution chart, PT Metropolitan Land Tbk ranks #827 out of 1401 companies in the Real Estate industry, placing it in the top 59%.
Is PT Metropolitan Land Tbk's Cyclically Adjusted PB Ratio too high?
PT Metropolitan Land Tbk's current Cyclically Adjusted PB Ratio of 0.88 is near median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.27. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. PT Metropolitan Land Tbk's value of 0.88 is 27.5% above this industry median. Based on the distribution chart, PT Metropolitan Land Tbk ranks #827 out of 1401 companies in the Real Estate industry, which is below the industry midpoint. Overall, PT Metropolitan Land Tbk has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Metropolitan Land Tbk's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PT Metropolitan Land Tbk ranks #827 out of 1401 companies for Cyclically Adjusted PB Ratio. This places PT Metropolitan Land Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. PT Metropolitan Land Tbk's value of 0.88 is 27.5% above this benchmark. Historically, PT Metropolitan Land Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.78 to 1.27 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.69, PT Metropolitan Land Tbk has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,401 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Metropolitan Land Tbk's current Cyclically Adjusted PB Ratio of 0.88 is 27.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on PT Metropolitan Land Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Metropolitan Land Tbk's current Cyclically Adjusted PB Ratio is 0.88, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Metropolitan Land Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Metropolitan Land Tbk (ISX:MTLA) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp414.05, compared to a current price of Rp515.00 — trading 24.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.88, which is near median its 10-year median of 0.88 and 27.5% above the Real Estate industry median of 0.69. PT Metropolitan Land Tbk's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For PT Metropolitan Land Tbk (ISX:MTLA), the current Cyclically Adjusted PB Ratio is 0.88 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Metropolitan Land Tbk (ISX:MTLA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Metropolitan Land Tbk stock appears to be overvalued. The current stock price of Rp515.00 is trading 24.4% above its estimated GF Value™ of Rp414.05. GuruFocus considers PT Metropolitan Land Tbk to be Modestly Overvalued.

Key valuation signals for ISX:MTLA:

  • Cyclically Adjusted PB Ratio: 0.88 (near median its 10-year median of 0.88)
  • GF Value™: Rp414.05 vs. price of Rp515.00 (24.4% above fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 27.5% above the Real Estate median (#827 of 1401)

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


PT Metropolitan Land Tbk Business Description

Address Moeffreni Moe\'min, Jl. Letkol M., Pekayon Jaya, Bekasi, IDN, 17148
PT Metropolitan Land Tbk, together with its subsidiaries, is engaged in the development of housing and the construction of buildings, and provides other related services. Its business activities comprise land acquisition, real estate development, leasing, hotel construction and operation, the sale of land and buildings, including residential houses and shop houses, and investing in its subsidiaries. The company generates revenue from several primary sources, including sales of real estate, hotel revenue, rental income, and service charges to tenants. Its reportable segments are real estate, shopping centers, hotels, and others. The majority of its revenue is generated from the real estate segment.
83GF Score

Get the complete analysis for ISX:MTLA

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

Rp515.00
Price
Rp414.05
GF Value