PT Pakuwon Jati Tbk (ISX:PWON) Cyclically Adjusted PB Ratio: 0.70 (As of Aug. 12, 2026) — 63% Below 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:PWON PT Pakuwon Jati Tbk ISX:PWON
80 GF Score
Price Rp256.00
GF Value Rp426.14
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is PT Pakuwon Jati Tbk Cyclically Adjusted PB Ratio?

PT Pakuwon Jati Tbk ISX:PWON 80 Cyclically Adjusted PB Ratio is 0.70 as of Aug. 12, 2026, which is 63% below its 10-year median of 1.90. GuruFocus rates ISX:PWON with a GF Score™ of 80/100 and a GF Value™ of Rp426.14 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,410 Real Estate companies, PT Pakuwon Jati Tbk ranks worse than 50.85% on this metric.

As of today (2026-08-12), PT Pakuwon Jati Tbk's current share price is Rp256.00. PT Pakuwon Jati Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp368.03. PT Pakuwon Jati Tbk's Cyclically Adjusted PB Ratio for today is 0.70.

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

ISX:PWON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.9   Max: 5.8
Current: 0.7

During the past years, PT Pakuwon Jati Tbk's highest Cyclically Adjusted PB Ratio was 5.80. The lowest was 0.69. And the median was 1.90.

ISX:PWON's Cyclically Adjusted PB Ratio is ranked worse than
50.85% of 1410 companies
in the Real Estate industry
Industry Median: 0.7 vs ISX:PWON: 0.70

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 Pakuwon Jati Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp474.337. 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 Rp368.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Pakuwon Jati Tbk  (ISX:PWON) 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 Pakuwon Jati Tbk Cyclically Adjusted PB Ratio Related Terms


PT Pakuwon Jati Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Pakuwon Jati 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 Pakuwon Jati Tbk Cyclically Adjusted PB Ratio Chart

PT Pakuwon Jati 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 2.23 1.85 1.61 1.27 0.97

PT Pakuwon Jati 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 1.13 1.11 0.97 0.94 0.65

PT Pakuwon Jati Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, PT Pakuwon Jati 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 Pakuwon Jati Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Pakuwon Jati Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:PWON
80GF Score
PT Pakuwon Jati Tbk ISX:PWON
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Pakuwon Jati 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 Pakuwon Jati Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=256.00/368.03
=0.70

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

For example, PT Pakuwon Jati 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)
=474.337/137.6954*137.6954
=474.337

Current CPI (Jun. 2026) = 137.6954.

PT Pakuwon Jati Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 172.285 104.142 227.792
201612 180.312 105.222 235.960
201703 187.532 106.476 242.518
201706 194.412 107.722 248.508
201709 205.240 108.020 261.623
201712 214.278 109.017 270.647
201803 225.966 110.097 282.611
201806 231.744 111.085 287.259
201809 245.278 111.135 303.899
201812 261.549 112.430 320.325
201903 276.558 112.829 337.510
201906 282.931 114.730 339.564
201909 299.233 114.905 358.584
201912 310.870 115.486 370.655
202003 286.790 116.252 339.689
202006 294.599 116.630 347.809
202009 297.420 116.397 351.843
202012 303.895 117.318 356.679
202103 308.835 117.840 360.873
202106 313.552 118.184 365.318
202109 318.916 118.262 371.323
202112 333.198 119.516 383.880
202203 340.896 120.948 388.098
202206 348.868 123.322 389.528
202209 356.156 125.298 391.394
202212 359.381 126.098 392.435
202303 371.686 126.953 403.139
202306 376.165 127.663 405.726
202309 384.404 128.151 413.032
202312 396.527 129.395 421.964
202403 402.723 130.607 424.580
202406 404.132 130.792 425.464
202409 421.843 130.361 445.577
202412 429.888 131.432 450.376
202503 436.708 131.948 455.729
202506 440.271 133.241 454.991
202509 453.442 133.819 466.577
202512 466.560 135.271 474.922
202603 474.365 136.539 478.384
202606 474.337 137.695 474.337

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 0.70 mean?
PT Pakuwon Jati Tbk (ISX:PWON) has a Cyclically Adjusted PB Ratio of 0.70 as of Aug. 12, 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 Pakuwon Jati Tbk and its competitors. This is 63% below median its historical median of 1.90. Over the past decade, PT Pakuwon Jati Tbk's Cyclically Adjusted PB Ratio has ranged from 0.69 to 5.80. According to the industry distribution chart, PT Pakuwon Jati Tbk ranks #717 out of 1410 companies in the Real Estate industry, placing it in the top 50.9%.
Is PT Pakuwon Jati Tbk's Cyclically Adjusted PB Ratio too high?
PT Pakuwon Jati Tbk's current Cyclically Adjusted PB Ratio of 0.70 is 63% below median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 5.80. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. PT Pakuwon Jati Tbk's value of 0.70 is 0% at this industry median. Based on the distribution chart, PT Pakuwon Jati Tbk ranks #717 out of 1410 companies in the Real Estate industry, which is below the industry midpoint. Overall, PT Pakuwon Jati Tbk has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Pakuwon Jati Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT Pakuwon Jati Tbk ranks #717 out of 1410 companies for Cyclically Adjusted PB Ratio. This places PT Pakuwon Jati Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.70. PT Pakuwon Jati Tbk's value of 0.70 is 0% at this benchmark. Historically, PT Pakuwon Jati Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 5.80 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 0.70, PT Pakuwon Jati Tbk has consistently been at 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.70, based on 1,410 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 Pakuwon Jati Tbk's current Cyclically Adjusted PB Ratio of 0.70 is 0% at 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 Pakuwon Jati Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pakuwon Jati Tbk's current Cyclically Adjusted PB Ratio is 0.70, which is 63% below median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pakuwon Jati Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pakuwon Jati Tbk (ISX:PWON) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp426.14, compared to a current price of Rp256.00 — trading 39.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.70, which is 63% below median its 10-year median of 1.90 and 0% at the Real Estate industry median of 0.70. PT Pakuwon Jati Tbk's overall GF Score™ is 80/100 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 Pakuwon Jati Tbk (ISX:PWON), the current Cyclically Adjusted PB Ratio is 0.70 as of Aug. 12, 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 Pakuwon Jati Tbk (ISX:PWON) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pakuwon Jati Tbk stock appears to be undervalued. The current stock price of Rp256.00 is trading 39.9% below its estimated GF Value™ of Rp426.14. GuruFocus considers PT Pakuwon Jati Tbk to be Significantly Undervalued.

Key valuation signals for ISX:PWON:

  • Cyclically Adjusted PB Ratio: 0.70 (63% below median its 10-year median of 1.90)
  • GF Value™: Rp426.14 vs. price of Rp256.00 (39.9% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 0% at the Real Estate median (#717 of 1410)

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


PT Pakuwon Jati Tbk Business Description

Other Exchanges P04:Germany
Address Jl. Kejawan Putih Mutiara No. 17, Pakuwon City Mall, 5th Floor, Pakuwon City, Surabaya, IDN, 60112
PT Pakuwon Jati Tbk is a real estate developer in Indonesia. The company is engaged in developing shopping center, office center, hotel, and residential. Its activities are conducted are conducted through three divisions, namely Commercial Division which includes the rental segment for retail shopping centres, business centres, and serviced apartments; Hospitality Division in the form of hotels; and Property Sales Division, which consists of vertical (high-rise) and horizontal (landed) residential/ office development. Its segments include Shopping Center, Office, and Apartment Business, and Serviced Apartment, Hospitality, and Residential and Office Building for Sale. The Company's portfolio is geographically diversified across several cities in Indonesia.
80GF Score

Get the complete analysis for ISX:PWON

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

Rp256.00
Price
Rp426.14
GF Value