PT Maharaksa Biru Energi Tbk (ISX:OASA) Cyclically Adjusted PB Ratio: 5.45 (As of Aug. 04, 2026) — Near Median

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ISX:OASA PT Maharaksa Biru Energi Tbk ISX:OASA
55 GF Score
Price Rp350.00
GF Value Rp29.92
Valuation Significantly Overvalued
! 4 Warning Signs
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What is PT Maharaksa Biru Energi Tbk Cyclically Adjusted PB Ratio?

PT Maharaksa Biru Energi Tbk ISX:OASA +10.76% 55 Cyclically Adjusted PB Ratio is 5.45 as of Aug. 04, 2026, which is 7% above its 10-year median of 5.09. GuruFocus rates ISX:OASA with a GF Score™ of 55/100 and a GF Value™ of Rp29.92 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 278 Utilities - Independent Power Producers companies, PT Maharaksa Biru Energi Tbk ranks worse than 92.09% on this metric.

As of today (2026-08-04), PT Maharaksa Biru Energi Tbk's current share price is Rp350.00. PT Maharaksa Biru Energi Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp64.23. PT Maharaksa Biru Energi Tbk's Cyclically Adjusted PB Ratio for today is 5.45.

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

ISX:OASA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.74   Med: 5.09   Max: 6.32
Current: 5.04

During the past years, PT Maharaksa Biru Energi Tbk's highest Cyclically Adjusted PB Ratio was 6.32. The lowest was 3.74. And the median was 5.09.

ISX:OASA's Cyclically Adjusted PB Ratio is ranked worse than
92.09% of 278 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.095 vs ISX:OASA: 5.04

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 Maharaksa Biru Energi Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp84.784. 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 Rp64.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Maharaksa Biru Energi Tbk  (ISX:OASA) 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 Maharaksa Biru Energi Tbk Cyclically Adjusted PB Ratio Related Terms


PT Maharaksa Biru Energi Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Maharaksa Biru Energi 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 Maharaksa Biru Energi Tbk Cyclically Adjusted PB Ratio Chart

PT Maharaksa Biru Energi Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

PT Maharaksa Biru Energi 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 0.00 0.00 0.00 0.00 3.71

PT Maharaksa Biru Energi Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, PT Maharaksa Biru Energi 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 Maharaksa Biru Energi Tbk Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PT Maharaksa Biru Energi Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Maharaksa Biru Energi Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:OASA
55GF Score
PT Maharaksa Biru Energi Tbk ISX:OASA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Maharaksa Biru Energi 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 Maharaksa Biru Energi Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=350.00/64.23
=5.45

* 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 Maharaksa Biru Energi Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Maharaksa Biru Energi 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)
=84.784/136.5387*136.5387
=84.784

Current CPI (Mar. 2026) = 136.5387.

PT Maharaksa Biru Energi Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.000 102.764 0.000
201606 0.000 103.212 0.000
201609 29.199 104.142 38.282
201703 140.227 106.476 179.819
201706 143.798 107.722 182.266
201709 0.000 108.020 0.000
201712 26.593 109.017 33.307
201803 26.713 110.097 33.129
201806 26.692 111.085 32.808
201809 27.511 111.135 33.800
201812 26.195 112.430 31.812
201903 26.787 112.829 32.416
201906 26.853 114.730 31.957
201909 26.790 114.905 31.834
201912 25.281 115.486 29.890
202003 26.583 116.252 31.222
202006 25.713 116.630 30.102
202009 25.827 116.397 30.296
202012 25.269 117.318 29.409
202103 25.853 117.840 29.955
202106 25.895 118.184 29.917
202109 25.833 118.262 29.825
202112 7.727 119.516 8.828
202203 26.128 120.948 29.496
202206 25.844 123.322 28.614
202209 23.220 125.298 25.303
202212 43.093 126.098 46.661
202303 104.769 126.953 112.680
202306 103.530 127.663 110.728
202309 103.488 128.151 110.261
202312 105.155 129.395 110.961
202403 105.362 130.607 110.147
202406 105.333 130.792 109.961
202409 105.265 130.361 110.254
202412 95.239 131.432 98.940
202503 93.966 131.948 97.235
202506 92.801 133.241 95.098
202509 93.140 133.819 95.033
202512 88.519 135.271 89.348
202603 84.784 136.539 84.784

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 5.45 mean?
PT Maharaksa Biru Energi Tbk (ISX:OASA) has a Cyclically Adjusted PB Ratio of 5.45 as of Aug. 04, 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 Maharaksa Biru Energi Tbk and its competitors. This is near median its historical median of 5.09. Over the past decade, PT Maharaksa Biru Energi Tbk's Cyclically Adjusted PB Ratio has ranged from 3.74 to 6.32. According to the industry distribution chart, PT Maharaksa Biru Energi Tbk ranks #256 out of 278 companies in the Utilities - Independent Power Producers industry, placing it in the top 92.1%.
Is PT Maharaksa Biru Energi Tbk's Cyclically Adjusted PB Ratio too high?
PT Maharaksa Biru Energi Tbk's current Cyclically Adjusted PB Ratio of 5.45 is near median its 10-year median of 5.09. Over the past 10 years, this metric has ranged from a low of 3.74 to a high of 6.32. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.10. PT Maharaksa Biru Energi Tbk's value of 5.45 is 397.7% above this industry median. Based on the distribution chart, PT Maharaksa Biru Energi Tbk ranks #256 out of 278 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, PT Maharaksa Biru Energi Tbk has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Maharaksa Biru Energi Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, PT Maharaksa Biru Energi Tbk ranks #256 out of 278 companies for Cyclically Adjusted PB Ratio. This places PT Maharaksa Biru Energi Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.10. PT Maharaksa Biru Energi Tbk's value of 5.45 is 397.7% above this benchmark. Historically, PT Maharaksa Biru Energi Tbk's own Cyclically Adjusted PB Ratio has ranged from 3.74 to 6.32 over the past decade. While the company's 10-year median is 5.09 vs. the industry median of 1.10, PT Maharaksa Biru Energi 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.10, based on 278 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 Maharaksa Biru Energi Tbk's current Cyclically Adjusted PB Ratio of 5.45 is 397.7% 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 Maharaksa Biru Energi Tbk and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Maharaksa Biru Energi Tbk's current Cyclically Adjusted PB Ratio is 5.45, which is near median its own 10-year median of 5.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Maharaksa Biru Energi Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Maharaksa Biru Energi Tbk (ISX:OASA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp29.92, compared to a current price of Rp350.00 — trading 1069.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.45, which is near median its 10-year median of 5.09 and 397.7% above the Utilities - Independent Power Producers industry median of 1.10. PT Maharaksa Biru Energi Tbk's overall GF Score™ is 55/100 with 4 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 Maharaksa Biru Energi Tbk (ISX:OASA), the current Cyclically Adjusted PB Ratio is 5.45 as of Aug. 04, 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 Maharaksa Biru Energi Tbk (ISX:OASA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Maharaksa Biru Energi Tbk stock appears to be overvalued. The current stock price of Rp350.00 is trading 1069.8% above its estimated GF Value™ of Rp29.92. GuruFocus considers PT Maharaksa Biru Energi Tbk to be Significantly Overvalued.

Key valuation signals for ISX:OASA:

  • Cyclically Adjusted PB Ratio: 5.45 (near median its 10-year median of 5.09)
  • GF Value™: Rp29.92 vs. price of Rp350.00 (1069.8% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 397.7% above the Utilities - Independent Power Producers median (#256 of 278)

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


PT Maharaksa Biru Energi Tbk Business Description

Address Jalan Jenderal Sudirman kav. 52-53, Treasury Tower, 15th Floor, Suite A-B-M-N, District 8, South Jakarta, Jakarta, IDN, 12190
PT Maharaksa Biru Energi Tbk Operates business activities in clean energy processing and supporting technology. Namely, renewable, bio-industry, waste management, and smart technology. The company's operating segments are Construction Services, which generate maximum revenue, Sales of Goods, and Installation, Consulting Management, and Maintenance Services.
55GF Score

Get the complete analysis for ISX:OASA

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

Rp350.00
Price
Rp29.92
GF Value