PT Pioneerindo Gourmet International Tbk (ISX:PTSP) Cyclically Adjusted PB Ratio: 1.60 (As of Sep. 02, 2026) — Near Median

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ISX:PTSP PT Pioneerindo Gourmet International Tbk ISX:PTSP
85 GF Score
Price Rp1,135.00
GF Value Rp1,031.76
Valuation Fairly Valued
! 2 Warning Signs
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What is PT Pioneerindo Gourmet International Tbk Cyclically Adjusted PB Ratio?

PT Pioneerindo Gourmet International Tbk ISX:PTSP +24.73% 85 Cyclically Adjusted PB Ratio is 1.60 as of Sep. 02, 2026, which is 5% above its 10-year median of 1.52. GuruFocus rates ISX:PTSP with a GF Score™ of 85/100 and a GF Value™ of Rp1,031.76 (Fairly Valued). The stock has 2 warning signs investors should review. Among 249 Restaurants companies, PT Pioneerindo Gourmet International Tbk ranks better than 61.45% on this metric.

As of today (2026-09-02), PT Pioneerindo Gourmet International Tbk's current share price is Rp1135.00. PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp710.91. PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted PB Ratio for today is 1.60.

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

ISX:PTSP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.52   Max: 8.85
Current: 1.25

During the past years, PT Pioneerindo Gourmet International Tbk's highest Cyclically Adjusted PB Ratio was 8.85. The lowest was 0.99. And the median was 1.52.

ISX:PTSP's Cyclically Adjusted PB Ratio is ranked better than
61.45% of 249 companies
in the Restaurants industry
Industry Median: 1.8 vs ISX:PTSP: 1.25

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 Pioneerindo Gourmet International Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp863.737. 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 Rp710.91 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Pioneerindo Gourmet International Tbk  (ISX:PTSP) 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 Pioneerindo Gourmet International Tbk Cyclically Adjusted PB Ratio Related Terms


PT Pioneerindo Gourmet International Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Pioneerindo Gourmet International 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 Pioneerindo Gourmet International Tbk Cyclically Adjusted PB Ratio Chart

PT Pioneerindo Gourmet International 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 5.20 3.78 1.27 1.44

PT Pioneerindo Gourmet International 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 1.24 1.38 1.44 1.22 1.20

ISX:PTSP vs MCD, SBUX, CMG: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, PT Pioneerindo Gourmet International 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 Pioneerindo Gourmet International Tbk Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:PTSP
85GF Score
PT Pioneerindo Gourmet International Tbk ISX:PTSP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Pioneerindo Gourmet International 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 Pioneerindo Gourmet International Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1135.00/710.91
=1.60

* 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 Pioneerindo Gourmet International Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Pioneerindo Gourmet International Tbk's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=863.737/137.6954*137.6954
=863.737

Current CPI (Jun. 2026) = 137.6954.

PT Pioneerindo Gourmet International Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 571.191 104.142 755.220
201612 565.705 105.222 740.292
201703 565.343 106.476 731.106
201706 577.715 107.722 738.466
201709 589.451 108.020 751.383
201712 605.928 109.017 765.326
201803 608.434 110.097 760.956
201806 646.310 111.085 801.136
201809 654.121 111.135 810.454
201812 674.667 112.430 826.280
201903 680.787 112.829 830.829
201906 731.380 114.730 877.778
201909 759.020 114.905 909.568
201912 777.666 115.486 927.222
202003 740.874 116.252 877.531
202006 565.188 116.630 667.272
202009 492.752 116.397 582.918
202012 565.545 117.318 663.776
202103 507.440 117.840 592.942
202106 525.375 118.184 612.111
202109 468.078 118.262 544.996
202112 485.832 119.516 559.731
202203 465.927 120.948 530.442
202206 505.513 123.322 564.430
202209 511.381 125.298 561.977
202212 525.311 126.098 573.626
202303 509.877 126.953 553.024
202306 552.640 127.663 596.070
202309 551.792 128.151 592.886
202312 601.305 129.395 639.879
202403 586.189 130.607 618.003
202406 655.221 130.792 689.807
202409 674.373 130.361 712.315
202412 686.889 131.432 719.625
202503 689.922 131.948 719.971
202506 740.562 133.241 765.322
202509 749.501 133.819 771.212
202512 768.563 135.271 782.337
202603 847.423 136.539 854.602
202606 863.737 137.695 863.737

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 1.60 mean?
PT Pioneerindo Gourmet International Tbk (ISX:PTSP) has a Cyclically Adjusted PB Ratio of 1.60 as of Sep. 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 Pioneerindo Gourmet International Tbk and its competitors. This is near median its historical median of 1.52. Over the past decade, PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted PB Ratio has ranged from 0.99 to 8.85. According to the industry distribution chart, PT Pioneerindo Gourmet International Tbk ranks #96 out of 249 companies in the Restaurants industry, placing it in the top 38.6%.
Is PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted PB Ratio too high?
PT Pioneerindo Gourmet International Tbk's current Cyclically Adjusted PB Ratio of 1.60 is near median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 8.85. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.80. PT Pioneerindo Gourmet International Tbk's value of 1.60 is 11.1% below this industry median. Based on the distribution chart, PT Pioneerindo Gourmet International Tbk ranks #96 out of 249 companies in the Restaurants industry, which is above the industry midpoint. Overall, PT Pioneerindo Gourmet International Tbk has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Pioneerindo Gourmet International Tbk's Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, PT Pioneerindo Gourmet International Tbk ranks #96 out of 249 companies for Cyclically Adjusted PB Ratio. This puts PT Pioneerindo Gourmet International Tbk in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.80. PT Pioneerindo Gourmet International Tbk's value of 1.60 is 11.1% below this benchmark. Historically, PT Pioneerindo Gourmet International Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.99 to 8.85 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.80, PT Pioneerindo Gourmet International 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.80, based on 249 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 Pioneerindo Gourmet International Tbk's current Cyclically Adjusted PB Ratio of 1.60 is 11.1% 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 Pioneerindo Gourmet International Tbk and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pioneerindo Gourmet International Tbk's current Cyclically Adjusted PB Ratio is 1.60, which is near median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pioneerindo Gourmet International Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pioneerindo Gourmet International Tbk (ISX:PTSP) is currently considered Fairly Valued. The stock's GF Value™ is Rp1,031.76, compared to a current price of Rp1,135.00 — trading 10% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.60, which is near median its 10-year median of 1.52 and 11.1% below the Restaurants industry median of 1.80. PT Pioneerindo Gourmet International Tbk's overall GF Score™ is 85/100 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 Pioneerindo Gourmet International Tbk (ISX:PTSP), the current Cyclically Adjusted PB Ratio is 1.60 as of Sep. 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 Pioneerindo Gourmet International Tbk (ISX:PTSP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pioneerindo Gourmet International Tbk stock appears to be overvalued. The current stock price of Rp1,135.00 is trading 10% above its estimated GF Value™ of Rp1,031.76. GuruFocus considers PT Pioneerindo Gourmet International Tbk to be Fairly Valued.

Key valuation signals for ISX:PTSP:

  • Cyclically Adjusted PB Ratio: 1.60 (near median its 10-year median of 1.52)
  • GF Value™: Rp1,031.76 vs. price of Rp1,135.00 (10% above fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 11.1% below the Restaurants median (#96 of 249)

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


PT Pioneerindo Gourmet International Tbk Business Description

Address Jalan Palmerah Utara No. 100, CFC Center Building, West Jakarta, IDN, 11480
PT Pioneerindo Gourmet International Tbk is an Indonesian-based company engaged in the operation and management of fast-food restaurants. The operating segments are grouped into four strategic business units, which provide various products consisting of fried chicken (California Fried Chicken-CFC), oriental food (Sapo Oriental), donuts (Cal Donuts), and ramen (Sugakiya). The majority of the revenue is generated from the fried chicken segment. Its products include fried chicken, chicken strips, fried rice, noodles, burgers, soup, and various drinks.
85GF Score

Get the complete analysis for ISX:PTSP

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

Rp1,135.00
Price
Rp1,031.76
GF Value