PT Palma Serasih Tbk (ISX:PSGO) Cyclically Adjusted PB Ratio: 2.22 (As of Aug. 07, 2026) — Near Median

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:PSGO PT Palma Serasih Tbk ISX:PSGO
89 GF Score
Price Rp197.00
GF Value Rp193.78
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is PT Palma Serasih Tbk Cyclically Adjusted PB Ratio?

PT Palma Serasih Tbk ISX:PSGO 89 Cyclically Adjusted PB Ratio is 2.22 as of Aug. 07, 2026, which is 6% below its 10-year median of 2.37. GuruFocus rates ISX:PSGO with a GF Score™ of 89/100 and a GF Value™ of Rp193.78 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,413 Consumer Packaged Goods companies, PT Palma Serasih Tbk ranks worse than 71.05% on this metric.

As of today (2026-08-07), PT Palma Serasih Tbk's current share price is Rp197.00. PT Palma Serasih Tbk's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was Rp88.79. PT Palma Serasih Tbk's Cyclically Adjusted PB Ratio for today is 2.22.

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

ISX:PSGO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.2   Med: 2.37   Max: 2.46
Current: 2.21

During the past 10 years, PT Palma Serasih Tbk's highest Cyclically Adjusted PB Ratio was 2.46. The lowest was 2.20. And the median was 2.37.

ISX:PSGO's Cyclically Adjusted PB Ratio is ranked worse than
71.05% of 1413 companies
in the Consumer Packaged Goods industry
Industry Median: 1.24 vs ISX:PSGO: 2.21

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 Palma Serasih Tbk's adjusted book value per share data of for the fiscal year that ended in Dec25 was Rp144.814. 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 Rp88.79 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Palma Serasih Tbk  (ISX:PSGO) 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 Palma Serasih Tbk Cyclically Adjusted PB Ratio Related Terms


PT Palma Serasih Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Palma Serasih 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 2.34

PT Palma Serasih 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 2.34 0.00 0.00

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

For the Farm Products subindustry, PT Palma Serasih 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 Palma Serasih Tbk Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


ISX:PSGO
89GF Score
PT Palma Serasih Tbk ISX:PSGO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Palma Serasih 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 Palma Serasih Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=197.00/88.79
=2.22

* 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 Palma Serasih Tbk's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, PT Palma Serasih Tbk's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=144.814/135.2711*135.2711
=144.814

Current CPI (Dec25) = 135.2711.

PT Palma Serasih Tbk Annual Data

Book Value per Share CPI Adj_Book
201612 55.889 105.222 71.850
201712 39.528 109.017 49.047
201812 30.177 112.430 36.308
201912 62.420 115.486 73.114
202012 64.176 117.318 73.997
202112 75.572 119.516 85.534
202212 89.432 126.098 95.938
202312 118.664 129.395 124.053
202412 129.465 131.432 133.247
202512 144.814 135.271 144.814

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 2.22 mean?
PT Palma Serasih Tbk (ISX:PSGO) has a Cyclically Adjusted PB Ratio of 2.22 as of Aug. 07, 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 Palma Serasih Tbk and its competitors. This is near median its historical median of 2.37. Over the past decade, PT Palma Serasih Tbk's Cyclically Adjusted PB Ratio has ranged from 2.20 to 2.46. According to the industry distribution chart, PT Palma Serasih Tbk ranks #1004 out of 1413 companies in the Consumer Packaged Goods industry, placing it in the top 71.1%.
Is PT Palma Serasih Tbk's Cyclically Adjusted PB Ratio too high?
PT Palma Serasih Tbk's current Cyclically Adjusted PB Ratio of 2.22 is near median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 2.46. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.24. PT Palma Serasih Tbk's value of 2.22 is 79% above this industry median. Based on the distribution chart, PT Palma Serasih Tbk ranks #1004 out of 1413 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, PT Palma Serasih Tbk has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Palma Serasih Tbk's Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Palma Serasih Tbk ranks #1004 out of 1413 companies for Cyclically Adjusted PB Ratio. This places PT Palma Serasih Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. PT Palma Serasih Tbk's value of 2.22 is 79% above this benchmark. Historically, PT Palma Serasih Tbk's own Cyclically Adjusted PB Ratio has ranged from 2.20 to 2.46 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 1.24, PT Palma Serasih 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.24, based on 1,413 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 Palma Serasih Tbk's current Cyclically Adjusted PB Ratio of 2.22 is 79% 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 Palma Serasih Tbk and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Palma Serasih Tbk's current Cyclically Adjusted PB Ratio is 2.22, which is near median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Palma Serasih Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Palma Serasih Tbk (ISX:PSGO) is currently considered Fairly Valued. The stock's GF Value™ is Rp193.78, compared to a current price of Rp197.00 — trading 1.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.22, which is near median its 10-year median of 2.37 and 79% above the Consumer Packaged Goods industry median of 1.24. PT Palma Serasih Tbk's overall GF Score™ is 89/100 with 2 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 Palma Serasih Tbk (ISX:PSGO), the current Cyclically Adjusted PB Ratio is 2.22 as of Aug. 07, 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 Palma Serasih Tbk (ISX:PSGO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Palma Serasih Tbk stock appears to be overvalued. The current stock price of Rp197.00 is trading 1.7% above its estimated GF Value™ of Rp193.78. GuruFocus considers PT Palma Serasih Tbk to be Fairly Valued.

Key valuation signals for ISX:PSGO:

  • Cyclically Adjusted PB Ratio: 2.22 (near median its 10-year median of 2.37)
  • GF Value™: Rp193.78 vs. price of Rp197.00 (1.7% above fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 79% above the Consumer Packaged Goods median (#1004 of 1413)

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


PT Palma Serasih Tbk Business Description

Address Jalan HR. Rasuna Said Kav. B-6, Graha Arda Building, 7th Floor, Zone B, South Jakarta, Jakarta, IDN, 12910
PT Palma Serasih Tbk is a crude palm oil producer in Indonesia. The company operates in a single business segment covering plantations and palm oil processing, located in the East Kalimantan province of Indonesia, with an Indonesian customer market segment.
89GF Score

Get the complete analysis for ISX:PSGO

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

Rp197.00
Price
Rp193.78
GF Value