PT Phapros Tbk (ISX:PEHA) Cyclically Adjusted PB Ratio: (As of Sep. 02, 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
Charlie Tian
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:PEHA PT Phapros Tbk ISX:PEHA
76 GF Score
Price Rp308.00
GF Value Rp380.54
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT Phapros Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Phapros Tbk  (ISX:PEHA) 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 Phapros Tbk Cyclically Adjusted PB Ratio Related Terms


PT Phapros Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Phapros 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 0.00 0.00 0.00 0.00 0.00

PT Phapros 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 0.00 0.00 0.00 0.30 0.00

ISX:PEHA vs ZTS, UTHR, VTRS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, PT Phapros 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 Phapros Tbk Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, PT Phapros Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:PEHA
76GF Score
PT Phapros Tbk ISX:PEHA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

For example, PT Phapros 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)
=506.673/137.6954*137.6954
=506.673

Current CPI (Jun. 2026) = 137.6954.

PT Phapros Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201212 437.191 84.658 711.084
201312 455.922 91.196 688.388
201412 485.422 98.819 676.389
201512 535.381 102.133 721.800
201612 740.572 105.222 969.127
201712 834.989 109.017 1,054.645
201803 0.000 110.097 0.000
201806 0.000 111.085 0.000
201809 0.000 111.135 0.000
201812 915.462 112.430 1,121.187
201903 811.215 112.829 990.003
201906 863.405 114.730 1,036.230
201909 878.980 114.905 1,053.322
201912 952.991 115.486 1,136.264
202003 843.132 116.252 998.650
202006 807.330 116.630 953.149
202009 835.643 116.397 988.553
202012 856.729 117.318 1,005.537
202103 865.247 117.840 1,011.038
202106 852.788 118.184 993.579
202109 857.713 118.262 998.659
202112 856.532 119.516 986.817
202203 863.198 120.948 982.721
202206 861.880 123.322 962.331
202209 869.000 125.298 954.979
202212 894.107 126.098 976.342
202303 901.433 126.953 977.714
202306 891.677 127.663 961.750
202309 869.975 128.151 934.766
202312 782.598 129.395 832.802
202403 857.250 130.607 903.775
202406 833.416 130.792 877.408
202409 817.320 130.361 863.305
202412 452.088 131.432 473.634
202503 445.240 131.948 464.632
202506 454.921 133.241 470.131
202509 463.988 133.819 477.429
202512 493.476 135.271 502.320
202603 495.300 136.539 499.496
202606 506.673 137.695 506.673

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 Phapros Tbk (ISX:PEHA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Phapros Tbk stock appears to be undervalued. The current stock price of Rp308.00 is trading 19.1% below its estimated GF Value™ of Rp380.54. GuruFocus considers PT Phapros Tbk to be Modestly Undervalued.

Key valuation signals for ISX:PEHA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: Rp380.54 vs. price of Rp308.00 (19.1% below fair value)
  • GF Score™: 76/100 with 5 warning signs

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


PT Phapros Tbk Business Description

Address Jl. Dr. Ide Anak Agung Gde Agung, Menara Rajawali Lt. 17, Kuningan, Jakarta Selatan, Jakarta, IDN, 12950
PT Phapros Tbk is a pharmaceutical company in Indonesia. The company is engaged in the industrial/manufacturing sector by producing and/or trading medicines, health instruments, chemical goods, and other similar goods in import, export, and other kinds of industry. The company operates through Over Counter (OTC), Ethical, Generic Drugs Bearing (OGB), and Toll Manufacturing segments. It derives maximum revenue from OGB segment.
76GF Score

Get the complete analysis for ISX:PEHA

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

Rp308.00
Price
Rp380.54
GF Value