PT Pelangi Indah Canindo Tbk (ISX:PICO) Cyclically Adjusted PB Ratio: 0.27 (As of Jul. 17, 2026) — 10% Below Median

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ISX:PICO PT Pelangi Indah Canindo Tbk ISX:PICO
64 GF Score
Price Rp127.00
GF Value Rp165.01
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT Pelangi Indah Canindo Tbk Cyclically Adjusted PB Ratio?

PT Pelangi Indah Canindo Tbk ISX:PICO +1.60% 64 Cyclically Adjusted PB Ratio is 0.27 as of Jul. 17, 2026, which is 10% below its 10-year median of 0.30. GuruFocus rates ISX:PICO with a GF Score™ of 64/100 and a GF Value™ of Rp165.01 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 316 Packaging & Containers companies, PT Pelangi Indah Canindo Tbk ranks better than 92.41% on this metric.

As of today (2026-07-17), PT Pelangi Indah Canindo Tbk's current share price is Rp127.00. PT Pelangi Indah Canindo Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp479.06. PT Pelangi Indah Canindo Tbk's Cyclically Adjusted PB Ratio for today is 0.27.

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

ISX:PICO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.3   Max: 0.7
Current: 0.27

During the past years, PT Pelangi Indah Canindo Tbk's highest Cyclically Adjusted PB Ratio was 0.70. The lowest was 0.20. And the median was 0.30.

ISX:PICO's Cyclically Adjusted PB Ratio is ranked better than
92.41% of 316 companies
in the Packaging & Containers industry
Industry Median: 1.205 vs ISX:PICO: 0.27

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 Pelangi Indah Canindo Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp371.647. 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 Rp479.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Pelangi Indah Canindo Tbk  (ISX:PICO) 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 Pelangi Indah Canindo Tbk Cyclically Adjusted PB Ratio Related Terms


PT Pelangi Indah Canindo Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Pelangi Indah Canindo 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 Pelangi Indah Canindo Tbk Cyclically Adjusted PB Ratio Chart

PT Pelangi Indah Canindo 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 0.44

PT Pelangi Indah Canindo 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 0.21 0.27 0.73 0.44 0.29

ISX:PICO vs SW, PKG, IP: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, PT Pelangi Indah Canindo 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 Pelangi Indah Canindo Tbk Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Pelangi Indah Canindo Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:PICO
64GF Score
PT Pelangi Indah Canindo Tbk ISX:PICO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Pelangi Indah Canindo 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 Pelangi Indah Canindo Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=127.00/479.06
=0.27

* 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 Pelangi Indah Canindo Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Pelangi Indah Canindo 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)
=371.647/136.5387*136.5387
=371.647

Current CPI (Mar. 2026) = 136.5387.

PT Pelangi Indah Canindo Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 103.212 0.000
201609 0.000 104.142 0.000
201612 467.724 105.222 606.931
201703 476.349 106.476 610.843
201706 485.904 107.722 615.891
201709 493.324 108.020 623.566
201712 497.997 109.017 623.719
201803 500.632 110.097 620.870
201806 505.542 111.085 621.382
201809 0.000 111.135 0.000
201812 527.048 112.430 640.065
201903 536.202 112.829 648.881
201906 545.236 114.730 648.877
201909 550.739 114.905 654.431
201912 530.705 115.486 627.451
202003 534.258 116.252 627.488
202006 401.777 116.630 470.361
202009 377.209 116.397 442.484
202012 416.110 117.318 484.283
202103 410.463 117.840 475.596
202106 364.668 118.184 421.304
202109 359.883 118.262 415.502
202112 333.371 119.516 380.853
202203 337.297 120.948 380.775
202206 343.616 123.322 380.441
202209 346.875 125.298 377.993
202212 349.831 126.098 378.797
202303 353.630 126.953 380.333
202306 356.663 127.663 381.460
202309 357.939 128.151 381.366
202312 360.592 129.395 380.501
202403 364.868 130.607 381.439
202406 366.898 130.792 383.020
202409 367.549 130.361 384.967
202412 365.963 131.432 380.184
202503 370.151 131.948 383.028
202506 374.797 133.241 384.074
202509 374.369 133.819 381.978
202512 368.995 135.271 372.453
202603 371.647 136.539 371.647

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 0.27 mean?
PT Pelangi Indah Canindo Tbk (ISX:PICO) has a Cyclically Adjusted PB Ratio of 0.27 as of Jul. 17, 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 Pelangi Indah Canindo Tbk and its competitors. This is 10% below median its historical median of 0.30. Over the past decade, PT Pelangi Indah Canindo Tbk's Cyclically Adjusted PB Ratio has ranged from 0.20 to 0.70. According to the industry distribution chart, PT Pelangi Indah Canindo Tbk ranks #24 out of 316 companies in the Packaging & Containers industry, placing it in the top 7.6%.
Is PT Pelangi Indah Canindo Tbk's Cyclically Adjusted PB Ratio too high?
PT Pelangi Indah Canindo Tbk's current Cyclically Adjusted PB Ratio of 0.27 is 10% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.70. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.21. PT Pelangi Indah Canindo Tbk's value of 0.27 is 77.6% below this industry median. Based on the distribution chart, PT Pelangi Indah Canindo Tbk ranks #24 out of 316 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, PT Pelangi Indah Canindo Tbk has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Pelangi Indah Canindo Tbk's Cyclically Adjusted PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, PT Pelangi Indah Canindo Tbk ranks #24 out of 316 companies for Cyclically Adjusted PB Ratio. This places PT Pelangi Indah Canindo Tbk in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.21. PT Pelangi Indah Canindo Tbk's value of 0.27 is 77.6% below this benchmark. Historically, PT Pelangi Indah Canindo Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.20 to 0.70 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.21, PT Pelangi Indah Canindo 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 a Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.21, based on 316 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 Pelangi Indah Canindo Tbk's current Cyclically Adjusted PB Ratio of 0.27 is 77.6% 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 Pelangi Indah Canindo Tbk and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pelangi Indah Canindo Tbk's current Cyclically Adjusted PB Ratio is 0.27, which is 10% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pelangi Indah Canindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pelangi Indah Canindo Tbk (ISX:PICO) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp165.01, compared to a current price of Rp127.00 — trading 23% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.27, which is 10% below median its 10-year median of 0.30 and 77.6% below the Packaging & Containers industry median of 1.21. PT Pelangi Indah Canindo Tbk's overall GF Score™ is 64/100 with 3 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 Pelangi Indah Canindo Tbk (ISX:PICO), the current Cyclically Adjusted PB Ratio is 0.27 as of Jul. 17, 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 Pelangi Indah Canindo Tbk (ISX:PICO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pelangi Indah Canindo Tbk stock appears to be undervalued. The current stock price of Rp127.00 is trading 23% below its estimated GF Value™ of Rp165.01. GuruFocus considers PT Pelangi Indah Canindo Tbk to be Modestly Undervalued.

Key valuation signals for ISX:PICO:

  • Cyclically Adjusted PB Ratio: 0.27 (10% below median its 10-year median of 0.30)
  • GF Value™: Rp165.01 vs. price of Rp127.00 (23% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 77.6% below the Packaging & Containers median (#24 of 316)

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


PT Pelangi Indah Canindo Tbk Business Description

Address Jalan Daan Mogot Km. 14 No. 700, Kecamatan Kalideres, Jakarta Barat, Jakarta, IDN, 11840
PT Pelangi Indah Canindo Tbk is an Indonesia-based company that engages in the production of metal packaging. The company is in the business of the metal packaging industry in Indonesia for a variety of drum products, liquefied petroleum gas (LPG) tubes, and canned packaging. Its production facilities are in Cimone, Cikupa and Balaraja (Tangerang) and Cilacap. The company's segment includes Steel drum, Steel and component, Plastic drum, Metal printing, Pall can, and Others. The company generates the majority of its revenue from the Steel drum segment.
64GF Score

Get the complete analysis for ISX:PICO

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

Rp127.00
Price
Rp165.01
GF Value