PT Pelat Timah Nusantara Tbk (ISX:NIKL) Cyclically Adjusted PB Ratio: 0.67 (As of Sep. 13, 2026) — 63% Below Median

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ISX:NIKL PT Pelat Timah Nusantara Tbk ISX:NIKL
62 GF Score
Price Rp224.00
GF Value Rp258.81
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT Pelat Timah Nusantara Tbk Cyclically Adjusted PB Ratio?

PT Pelat Timah Nusantara Tbk ISX:NIKL -5.08% 62 Cyclically Adjusted PB Ratio is 0.67 as of Sep. 13, 2026, which is 63% below its 10-year median of 1.83. GuruFocus rates ISX:NIKL with a GF Score™ of 62/100 and a GF Value™ of Rp258.81 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,099 Industrial Products companies, PT Pelat Timah Nusantara Tbk ranks better than 83.56% on this metric.

As of today (2026-09-13), PT Pelat Timah Nusantara Tbk's current share price is Rp224.00. PT Pelat Timah Nusantara Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp334.54. PT Pelat Timah Nusantara Tbk's Cyclically Adjusted PB Ratio for today is 0.67.

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

ISX:NIKL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.83   Max: 7.99
Current: 0.67

During the past years, PT Pelat Timah Nusantara Tbk's highest Cyclically Adjusted PB Ratio was 7.99. The lowest was 0.54. And the median was 1.83.

ISX:NIKL's Cyclically Adjusted PB Ratio is ranked better than
83.56% of 2099 companies
in the Industrial Products industry
Industry Median: 2.08 vs ISX:NIKL: 0.67

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 Pelat Timah Nusantara Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp402.110. 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 Rp334.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Pelat Timah Nusantara Tbk  (ISX:NIKL) 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 Pelat Timah Nusantara Tbk Cyclically Adjusted PB Ratio Related Terms


PT Pelat Timah Nusantara Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Pelat Timah Nusantara 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 Pelat Timah Nusantara Tbk Cyclically Adjusted PB Ratio Chart

PT Pelat Timah Nusantara 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 3.96 2.40 1.06 0.79 1.07

PT Pelat Timah Nusantara 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 0.76 0.73 1.07 0.85 0.51

ISX:NIKL vs ATI, CRS, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, PT Pelat Timah Nusantara 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 Pelat Timah Nusantara Tbk Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PT Pelat Timah Nusantara Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Pelat Timah Nusantara Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:NIKL
62GF Score
PT Pelat Timah Nusantara Tbk ISX:NIKL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Pelat Timah Nusantara 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 Pelat Timah Nusantara Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=224.00/334.54
=0.67

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

For example, PT Pelat Timah Nusantara 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)
=402.11/137.6954*137.6954
=402.110

Current CPI (Jun. 2026) = 137.6954.

PT Pelat Timah Nusantara Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 203.973 104.142 269.690
201612 212.732 105.222 278.385
201703 209.526 106.476 270.961
201706 209.286 107.722 267.521
201709 214.413 108.020 273.316
201712 223.717 109.017 282.569
201803 227.221 110.097 284.181
201806 222.533 111.085 275.842
201809 226.734 111.135 280.923
201812 247.323 112.430 302.902
201903 254.656 112.829 310.781
201906 256.829 114.730 308.238
201909 251.051 114.905 300.846
201912 253.464 115.486 302.209
202003 213.752 116.252 253.179
202006 258.546 116.630 305.244
202009 262.119 116.397 310.083
202012 271.767 117.318 318.971
202103 284.800 117.840 332.788
202106 289.447 118.184 337.233
202109 299.383 118.262 348.580
202112 309.945 119.516 357.090
202203 336.104 120.948 382.643
202206 340.589 123.322 380.284
202209 358.335 125.298 393.789
202212 370.686 126.098 404.779
202303 370.530 126.953 401.885
202306 355.981 127.663 383.956
202309 347.545 128.151 373.428
202312 342.856 129.395 364.850
202403 341.110 130.607 359.623
202406 336.043 130.792 353.781
202409 331.226 130.361 349.862
202412 354.912 131.432 371.827
202503 359.338 131.948 374.989
202506 356.554 133.241 368.475
202509 366.290 133.819 376.901
202512 376.537 135.271 383.285
202603 380.418 136.539 383.641
202606 402.110 137.695 402.110

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 0.67 mean?
PT Pelat Timah Nusantara Tbk (ISX:NIKL) has a Cyclically Adjusted PB Ratio of 0.67 as of Sep. 13, 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 Pelat Timah Nusantara Tbk and its competitors. This is 63% below median its historical median of 1.83. Over the past decade, PT Pelat Timah Nusantara Tbk's Cyclically Adjusted PB Ratio has ranged from 0.54 to 7.99. According to the industry distribution chart, PT Pelat Timah Nusantara Tbk ranks #345 out of 2099 companies in the Industrial Products industry, placing it in the top 16.4%.
Is PT Pelat Timah Nusantara Tbk's Cyclically Adjusted PB Ratio too high?
PT Pelat Timah Nusantara Tbk's current Cyclically Adjusted PB Ratio of 0.67 is 63% below median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 7.99. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. PT Pelat Timah Nusantara Tbk's value of 0.67 is 67.8% below this industry median. Based on the distribution chart, PT Pelat Timah Nusantara Tbk ranks #345 out of 2099 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, PT Pelat Timah Nusantara Tbk has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Pelat Timah Nusantara Tbk's Cyclically Adjusted PB Ratio compare to ATI and CRS?
According to the Industrial Products industry distribution chart, PT Pelat Timah Nusantara Tbk ranks #345 out of 2099 companies for Cyclically Adjusted PB Ratio. This places PT Pelat Timah Nusantara Tbk in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.08. PT Pelat Timah Nusantara Tbk's value of 0.67 is 67.8% below this benchmark. Historically, PT Pelat Timah Nusantara Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.54 to 7.99 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 2.08, PT Pelat Timah Nusantara Tbk has consistently been below 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,099 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 Pelat Timah Nusantara Tbk's current Cyclically Adjusted PB Ratio of 0.67 is 67.8% below 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 Pelat Timah Nusantara Tbk and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pelat Timah Nusantara Tbk's current Cyclically Adjusted PB Ratio is 0.67, which is 63% below median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pelat Timah Nusantara Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pelat Timah Nusantara Tbk (ISX:NIKL) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp258.81, compared to a current price of Rp224.00 — trading 13.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.67, which is 63% below median its 10-year median of 1.83 and 67.8% below the Industrial Products industry median of 2.08. PT Pelat Timah Nusantara Tbk's overall GF Score™ is 62/100 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 Pelat Timah Nusantara Tbk (ISX:NIKL), the current Cyclically Adjusted PB Ratio is 0.67 as of Sep. 13, 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 Pelat Timah Nusantara Tbk (ISX:NIKL) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pelat Timah Nusantara Tbk stock appears to be undervalued. The current stock price of Rp224.00 is trading 13.5% below its estimated GF Value™ of Rp258.81. GuruFocus considers PT Pelat Timah Nusantara Tbk to be Modestly Undervalued.

Key valuation signals for ISX:NIKL:

  • Cyclically Adjusted PB Ratio: 0.67 (63% below median its 10-year median of 1.83)
  • GF Value™: Rp258.81 vs. price of Rp224.00 (13.5% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 67.8% below the Industrial Products median (#345 of 2099)

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


PT Pelat Timah Nusantara Tbk Business Description

Address Gedung Krakatau Steel Lantai, 3rd Floor, Jl. Jend. Gatot Subroto Kav. 54, Jakarta, IDN, 12950
PT Pelat Timah Nusantara Tbk is an Indonesia-based manufacturer and distributor of tinplates and related products. The company offers tinplate products in the following forms: coil, sheet, and scroll. Its operating segment includes the Coil segment and Sheet segment, and generates a majority of its revenue from the Coil segment. The company also offers products in different specifications, tin-plated thicknesses, and sizes.
62GF Score

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

Rp224.00
Price
Rp258.81
GF Value