PT AEP Pinago Plantations Tbk (ISX:PNGO) Cyclically Adjusted PB Ratio: (As of Aug. 27, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:PNGO PT AEP Pinago Plantations Tbk ISX:PNGO
82 GF Score
Price Rp3,470.00
GF Value Rp1,967.90
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is PT AEP Pinago Plantations Tbk Cyclically Adjusted PB Ratio?

PT AEP Pinago Plantations 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.

Shiller PE for Stocks: The True Measure of Stock Valuation

PT AEP Pinago Plantations Tbk  (ISX:PNGO) 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 AEP Pinago Plantations Tbk Cyclically Adjusted PB Ratio Related Terms

PT AEP Pinago Plantations Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT AEP Pinago Plantations 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 AEP Pinago Plantations Tbk Cyclically Adjusted PB Ratio Chart

PT AEP Pinago Plantations 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 AEP Pinago Plantations 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 0.00 0.00

ISX:PNGO vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, PT AEP Pinago Plantations 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 AEP Pinago Plantations Tbk Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT AEP Pinago Plantations Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:PNGO
82GF Score
PT AEP Pinago Plantations Tbk ISX:PNGO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT AEP Pinago Plantations 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 AEP Pinago Plantations 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.

Is PT AEP Pinago Plantations Tbk (ISX:PNGO) Overvalued in 2026?

Based on GuruFocus' analysis, PT AEP Pinago Plantations Tbk stock appears to be overvalued. The current stock price of Rp3,470.00 is trading 76.3% above its estimated GF Value™ of Rp1,967.90. GuruFocus considers PT AEP Pinago Plantations Tbk to be Significantly Overvalued.

Key valuation signals for ISX:PNGO:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: Rp1,967.90 vs. price of Rp3,470.00 (76.3% above fair value)
  • GF Score™: 82/100 with 5 warning signs

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

PT AEP Pinago Plantations Tbk Business Description

Address Pantai Indah Kapuk, Blok I No. 9, Rukan Exclusive Bukit Golf Mediterania, RT. 004, RW.003, Kel. Kamal Muara, Kec. Penjaringa, Jakarta Utara, DKI Jakarta, Jakarta, IDN, 14470
PT Pinago Utama Tbk is an Indonesian agribusiness company. It is engaged in managing oil palm and rubber plantations and their processing industries, producing products such as fresh fruit bunches, crude palm oil, palm kernel, latex, crumb rubber, smoked rubber sheets, palm kernel oil, and ImproBio organic fertilizer. Additionally, the company has palm oil and rubber processing plants that process raw materials into end products, such as organic fertilizer and biogas. Its operating segments are: Rubber, Palm Oil, and Compost. The majority of the company's revenue is generated from the Palm Oil segment. Geographically, it derives maximum revenue from the domestic market, and also exports its products to other countries.
82GF Score

Get the complete analysis for ISX:PNGO

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

Rp3,470.00
Price
Rp1,967.90
GF Value