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PT Polaris Investama Tbk (ISX:PLAS) 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 Polaris Investama Tbk Cyclically Adjusted PB Ratio Related Terms
PT Polaris Investama Tbk Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for PT Polaris Investama 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 Polaris Investama Tbk Cyclically Adjusted PB Ratio Chart
PT Polaris Investama Tbk Cyclically Adjusted PB Ratio Competitor Comparison
For the Capital Markets subindustry, PT Polaris Investama 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 Polaris Investama Tbk Cyclically Adjusted PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, PT Polaris Investama Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where PT Polaris Investama Tbk's Cyclically Adjusted PB Ratio falls into.
PT Polaris Investama 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 Polaris Investama Tbk does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.
What does a Cyclically Adjusted PB Ratio of 0.24 mean?
PT Polaris Investama Tbk (ISX:PLAS) has a Cyclically Adjusted PB Ratio of 0.24 as of Sep. 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 Polaris Investama Tbk and its competitors.
Is PT Polaris Investama Tbk's Cyclically Adjusted PB Ratio too high?
PT Polaris Investama Tbk's current Cyclically Adjusted PB Ratio is 0.24. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.42. PT Polaris Investama Tbk's value of 0.24 is 83.1% below this industry median. Overall, PT Polaris Investama Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Polaris Investama Tbk's Cyclically Adjusted PB Ratio compare to competitors?
PT Polaris Investama Tbk's Cyclically Adjusted PB Ratio of 0.24 can be compared against companies in the Capital Markets industry. The industry median Cyclically Adjusted PB Ratio is 1.42. PT Polaris Investama Tbk's value of 0.24 is 83.1% below this benchmark. 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.42, based on 435 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 Polaris Investama Tbk's current Cyclically Adjusted PB Ratio of 0.24 is 83.1% 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 Polaris Investama Tbk and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Polaris Investama Tbk's current Cyclically Adjusted PB Ratio is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Polaris Investama Tbk stock overvalued right now?
PT Polaris Investama Tbk (ISX:PLAS) has a current Cyclically Adjusted PB Ratio of 0.24. The current Cyclically Adjusted PB Ratio is 0.24 and 83.1% below the Capital Markets industry median of 1.42. PT Polaris Investama Tbk's overall GF Score™ is 4/100. 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 Polaris Investama Tbk (ISX:PLAS), the current Cyclically Adjusted PB Ratio is 0.24 as of Sep. 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.
PT Polaris Investama Tbk operates in capital markets industry in Indonesia. The company is an investment company operates as a dealer broker and underwriter.
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