PT J Resources Asia Pasifik Tbk (ISX:PSAB) Cyclically Adjusted PB Ratio: 2.16 (As of Aug. 02, 2026) — 96% Above Median

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ISX:PSAB PT J Resources Asia Pasifik Tbk ISX:PSAB
77 GF Score
Price Rp434.00
GF Value Rp368.68
Valuation Modestly Overvalued
! 1 Warning Sign
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What is PT J Resources Asia Pasifik Tbk Cyclically Adjusted PB Ratio?

PT J Resources Asia Pasifik Tbk ISX:PSAB +1.88% 77 Cyclically Adjusted PB Ratio is 2.16 as of Aug. 02, 2026, which is 96% above its 10-year median of 1.10. GuruFocus rates ISX:PSAB with a GF Score™ of 77/100 and a GF Value™ of Rp368.68 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,535 Metals & Mining companies, PT J Resources Asia Pasifik Tbk ranks worse than 59.48% on this metric.

As of today (2026-08-02), PT J Resources Asia Pasifik Tbk's current share price is Rp434.00. PT J Resources Asia Pasifik Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp200.58. PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio for today is 2.16.

The historical rank and industry rank for PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:PSAB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.1   Max: 3.72
Current: 2.11

During the past years, PT J Resources Asia Pasifik Tbk's highest Cyclically Adjusted PB Ratio was 3.72. The lowest was 0.47. And the median was 1.10.

ISX:PSAB's Cyclically Adjusted PB Ratio is ranked worse than
59.48% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs ISX:PSAB: 2.11

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 J Resources Asia Pasifik Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp386.953. 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 Rp200.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT J Resources Asia Pasifik Tbk  (ISX:PSAB) 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 J Resources Asia Pasifik Tbk Cyclically Adjusted PB Ratio Related Terms


PT J Resources Asia Pasifik Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT J Resources Asia Pasifik 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 J Resources Asia Pasifik Tbk Cyclically Adjusted PB Ratio Chart

PT J Resources Asia Pasifik 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 0.87 0.62 0.49 1.26 2.84

PT J Resources Asia Pasifik 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 1.35 2.41 2.91 2.84 2.29

ISX:PSAB vs NEM, AU, RGLD: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, PT J Resources Asia Pasifik 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 J Resources Asia Pasifik Tbk Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:PSAB
77GF Score
PT J Resources Asia Pasifik Tbk ISX:PSAB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT J Resources Asia Pasifik 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 J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=434.00/200.58
=2.16

* 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 J Resources Asia Pasifik Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT J Resources Asia Pasifik 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)
=386.953/136.5387*136.5387
=386.953

Current CPI (Mar. 2026) = 136.5387.

PT J Resources Asia Pasifik Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 141.463 103.212 187.140
201609 142.668 104.142 187.049
201612 148.802 105.222 193.089
201703 148.743 106.476 190.740
201706 151.494 107.722 192.021
201709 152.575 108.020 192.856
201712 155.795 109.017 195.126
201803 159.633 110.097 197.973
201806 166.756 111.085 204.967
201809 177.441 111.135 218.002
201812 175.233 112.430 212.809
201903 173.482 112.829 209.938
201906 174.779 114.730 208.002
201909 175.164 114.905 208.144
201912 158.927 115.486 187.899
202003 171.226 116.252 201.105
202006 154.833 116.630 181.263
202009 164.450 116.397 192.908
202012 166.801 117.318 194.129
202103 178.217 117.840 206.497
202106 174.830 118.184 201.982
202109 167.888 118.262 193.835
202112 175.977 119.516 201.041
202203 176.321 120.948 199.049
202206 179.051 123.322 198.240
202209 181.792 125.298 198.100
202212 177.937 126.098 192.670
202303 164.834 126.953 177.281
202306 159.418 127.663 170.502
202309 166.809 128.151 177.726
202312 171.717 129.395 181.198
202403 175.200 130.607 183.157
202406 188.180 130.792 196.449
202409 170.897 130.361 178.996
202412 184.176 131.432 191.333
202503 195.930 131.948 202.746
202506 199.333 133.241 204.267
202509 205.592 133.819 209.770
202512 214.272 135.271 216.280
202603 386.953 136.539 386.953

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 2.16 mean?
PT J Resources Asia Pasifik Tbk (ISX:PSAB) has a Cyclically Adjusted PB Ratio of 2.16 as of Aug. 02, 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 J Resources Asia Pasifik Tbk and its competitors. This is 96% above median its historical median of 1.10. Over the past decade, PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio has ranged from 0.47 to 3.72. According to the industry distribution chart, PT J Resources Asia Pasifik Tbk ranks #913 out of 1535 companies in the Metals & Mining industry, placing it in the top 59.5%.
Is PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio too high?
PT J Resources Asia Pasifik Tbk's current Cyclically Adjusted PB Ratio of 2.16 is 96% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 3.72. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. PT J Resources Asia Pasifik Tbk's value of 2.16 is 54.3% above this industry median. Based on the distribution chart, PT J Resources Asia Pasifik Tbk ranks #913 out of 1535 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, PT J Resources Asia Pasifik Tbk has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT J Resources Asia Pasifik Tbk's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, PT J Resources Asia Pasifik Tbk ranks #913 out of 1535 companies for Cyclically Adjusted PB Ratio. This places PT J Resources Asia Pasifik Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. PT J Resources Asia Pasifik Tbk's value of 2.16 is 54.3% above this benchmark. Historically, PT J Resources Asia Pasifik Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 3.72 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 1.40, PT J Resources Asia Pasifik 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 a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.40, based on 1,535 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 J Resources Asia Pasifik Tbk's current Cyclically Adjusted PB Ratio of 2.16 is 54.3% 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 J Resources Asia Pasifik Tbk and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT J Resources Asia Pasifik Tbk's current Cyclically Adjusted PB Ratio is 2.16, which is 96% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT J Resources Asia Pasifik Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT J Resources Asia Pasifik Tbk (ISX:PSAB) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp368.68, compared to a current price of Rp434.00 — trading 17.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.16, which is 96% above median its 10-year median of 1.10 and 54.3% above the Metals & Mining industry median of 1.40. PT J Resources Asia Pasifik Tbk's overall GF Score™ is 77/100 with 1 warning sign 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 J Resources Asia Pasifik Tbk (ISX:PSAB), the current Cyclically Adjusted PB Ratio is 2.16 as of Aug. 02, 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 J Resources Asia Pasifik Tbk (ISX:PSAB) Overvalued in 2026?

Based on GuruFocus' analysis, PT J Resources Asia Pasifik Tbk stock appears to be overvalued. The current stock price of Rp434.00 is trading 17.7% above its estimated GF Value™ of Rp368.68. GuruFocus considers PT J Resources Asia Pasifik Tbk to be Modestly Overvalued.

Key valuation signals for ISX:PSAB:

  • Cyclically Adjusted PB Ratio: 2.16 (96% above median its 10-year median of 1.10)
  • GF Value™: Rp368.68 vs. price of Rp434.00 (17.7% above fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 54.3% above the Metals & Mining median (#913 of 1535)

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


PT J Resources Asia Pasifik Tbk Business Description

Other Exchanges J5R:Germany
Address Jalan Jenderal Sudirman Kav. 52-53, Equity Tower, Lantai 48th Floor, Sudirman Central Business District (SCBD), Lot. 9, Jakarta Selatan, Jakarta, IDN, 12190
PT J Resources Asia Pasifik Tbk is a holding company based in Indonesia engaged in gold mining. The company, through its subsidiary, operates mines, explores, and invests in gold mines in Indonesia and Malaysia. The projects operated include both operating mines are development-stage mines. It derives revenue from the sales of gold. Some of the company's projects are Doup, Pani, Penjom, Bakan, Seruyung, and North Lanut.
77GF Score

Get the complete analysis for ISX:PSAB

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

Rp434.00
Price
Rp368.68
GF Value