PT Rig Tenders Indonesia Tbk (ISX:RIGS) Cyclically Adjusted PB Ratio: 0.47 (As of Aug. 12, 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:RIGS PT Rig Tenders Indonesia Tbk ISX:RIGS
59 GF Score
Price Rp680.00
GF Value Rp623.86
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is PT Rig Tenders Indonesia Tbk Cyclically Adjusted PB Ratio?

PT Rig Tenders Indonesia Tbk ISX:RIGS -1.45% 59 Cyclically Adjusted PB Ratio is 0.47 as of Aug. 12, 2026, which is at its 10-year median of 0.47. GuruFocus rates ISX:RIGS with a GF Score™ of 59/100 and a GF Value™ of Rp623.86 (Fairly Valued). The stock has 2 warning signs investors should review. Among 728 Transportation companies, PT Rig Tenders Indonesia Tbk ranks better than 86.54% on this metric.

As of today (2026-08-12), PT Rig Tenders Indonesia Tbk's current share price is Rp680.00. PT Rig Tenders Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp1,443.07. PT Rig Tenders Indonesia Tbk's Cyclically Adjusted PB Ratio for today is 0.47.

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

ISX:RIGS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.47   Max: 0.67
Current: 0.46

During the past years, PT Rig Tenders Indonesia Tbk's highest Cyclically Adjusted PB Ratio was 0.67. The lowest was 0.30. And the median was 0.47.

ISX:RIGS's Cyclically Adjusted PB Ratio is ranked better than
86.54% of 728 companies
in the Transportation industry
Industry Median: 1.3 vs ISX:RIGS: 0.46

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 Rig Tenders Indonesia Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp1,492.554. 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 Rp1,443.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Rig Tenders Indonesia Tbk  (ISX:RIGS) 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 Rig Tenders Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms


PT Rig Tenders Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Rig Tenders Indonesia 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 Rig Tenders Indonesia Tbk Cyclically Adjusted PB Ratio Chart

PT Rig Tenders Indonesia Tbk Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.31 0.52

PT Rig Tenders Indonesia 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 0.44 0.52 0.58 0.52 0.49

PT Rig Tenders Indonesia Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, PT Rig Tenders Indonesia 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 Rig Tenders Indonesia Tbk Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, PT Rig Tenders Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Rig Tenders Indonesia Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:RIGS
59GF Score
PT Rig Tenders Indonesia Tbk ISX:RIGS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Rig Tenders Indonesia 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 Rig Tenders Indonesia Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=680.00/1443.07
=0.47

* 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 Rig Tenders Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Rig Tenders Indonesia 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)
=1492.554/136.5387*136.5387
=1,492.554

Current CPI (Mar. 2026) = 136.5387.

PT Rig Tenders Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201512 1,970.756 102.133 2,634.653
201603 1,711.995 102.764 2,274.666
201606 1,605.527 103.212 2,123.938
201609 1,535.146 104.142 2,012.695
201612 1,563.665 105.222 2,029.053
201703 1,435.763 106.476 1,841.142
201706 1,371.339 107.722 1,738.194
201709 1,364.667 108.020 1,724.951
201712 1,348.483 109.017 1,688.914
201803 1,167.111 110.097 1,447.419
201806 1,242.138 111.085 1,526.762
201809 1,277.596 111.135 1,569.641
201812 1,289.061 112.430 1,565.480
201903 1,010.305 112.829 1,222.614
201906 1,001.649 114.730 1,192.048
201909 1,031.708 114.905 1,225.957
201912 1,047.476 115.486 1,238.428
202009 1,066.088 116.397 1,250.571
202012 1,006.442 117.318 1,171.331
202103 1,012.407 117.840 1,173.056
202106 928.470 118.184 1,072.668
202109 935.316 118.262 1,079.866
202112 935.172 119.516 1,068.368
202203 960.689 120.948 1,084.524
202206 1,012.487 123.322 1,120.994
202209 1,040.916 125.298 1,134.295
202212 1,051.878 126.098 1,138.974
202303 1,085.392 126.953 1,167.350
202306 1,114.889 127.663 1,192.402
202309 1,141.084 128.151 1,215.766
202312 1,180.384 129.395 1,245.554
202403 1,213.875 130.607 1,269.005
202406 1,244.732 130.792 1,299.427
202409 1,278.503 130.361 1,339.091
202412 1,323.030 131.432 1,374.441
202503 1,350.490 131.948 1,397.472
202506 1,401.965 133.241 1,436.668
202509 1,427.383 133.819 1,456.393
202512 1,471.496 135.271 1,485.285
202603 1,492.554 136.539 1,492.554

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 0.47 mean?
PT Rig Tenders Indonesia Tbk (ISX:RIGS) has a Cyclically Adjusted PB Ratio of 0.47 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 Rig Tenders Indonesia Tbk and its competitors. This is near median its historical median of 0.47. Over the past decade, PT Rig Tenders Indonesia Tbk's Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.67. According to the industry distribution chart, PT Rig Tenders Indonesia Tbk ranks #98 out of 728 companies in the Transportation industry, placing it in the top 13.5%.
Is PT Rig Tenders Indonesia Tbk's Cyclically Adjusted PB Ratio too high?
PT Rig Tenders Indonesia Tbk's current Cyclically Adjusted PB Ratio of 0.47 is near median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.67. The Transportation industry median Cyclically Adjusted PB Ratio is 1.30. PT Rig Tenders Indonesia Tbk's value of 0.47 is 63.8% below this industry median. Based on the distribution chart, PT Rig Tenders Indonesia Tbk ranks #98 out of 728 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, PT Rig Tenders Indonesia Tbk has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Rig Tenders Indonesia Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, PT Rig Tenders Indonesia Tbk ranks #98 out of 728 companies for Cyclically Adjusted PB Ratio. This places PT Rig Tenders Indonesia Tbk in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.30. PT Rig Tenders Indonesia Tbk's value of 0.47 is 63.8% below this benchmark. Historically, PT Rig Tenders Indonesia Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.67 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.30, PT Rig Tenders Indonesia 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.30, based on 728 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 Rig Tenders Indonesia Tbk's current Cyclically Adjusted PB Ratio of 0.47 is 63.8% 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 Rig Tenders Indonesia Tbk and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Rig Tenders Indonesia Tbk's current Cyclically Adjusted PB Ratio is 0.47, which is near median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Rig Tenders Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Rig Tenders Indonesia Tbk (ISX:RIGS) is currently considered Fairly Valued. The stock's GF Value™ is Rp623.86, compared to a current price of Rp680.00 — trading 9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.47, which is near median its 10-year median of 0.47 and 63.8% below the Transportation industry median of 1.30. PT Rig Tenders Indonesia Tbk's overall GF Score™ is 59/100 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 Rig Tenders Indonesia Tbk (ISX:RIGS), the current Cyclically Adjusted PB Ratio is 0.47 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 Rig Tenders Indonesia Tbk (ISX:RIGS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Rig Tenders Indonesia Tbk stock appears to be overvalued. The current stock price of Rp680.00 is trading 9% above its estimated GF Value™ of Rp623.86. GuruFocus considers PT Rig Tenders Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:RIGS:

  • Cyclically Adjusted PB Ratio: 0.47 (near median its 10-year median of 0.47)
  • GF Value™: Rp623.86 vs. price of Rp680.00 (9% above fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 63.8% below the Transportation median (#98 of 728)

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


PT Rig Tenders Indonesia Tbk Business Description

Address Jl. HR Rasuna Said, Generali Tower, Gran Runina Business park, 18th floor, Unit D Kawasan Rasuna Epicentrum, Selatan, Jakarta, IDN, 12940
PT Rig Tenders Indonesia Tbk is a domestic and foreign shipping (especially offshore) and placement installation services and drilling rig offshore company. The company provides services as Offshore Support, Coal Transport, Other Services and Vessel. The Company classifies its business activities into two main segments, namely coal and marine support services. The coal segment provides tugboat and barge rental services for mining companies to transport coal and other aggregate materials. Meanwhile, the marine services segment offers supply vessel and accommodation on barge rentals to support upstream sector operations.
59GF Score

Get the complete analysis for ISX:RIGS

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

Rp680.00
Price
Rp623.86
GF Value