PT Steadyfe Tbk (ISX:SAFE) Cyclically Adjusted PB Ratio: (As of Sep. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:SAFE PT Steady Safe Tbk ISX:SAFE
66 GF Score
Price Rp1,055.00
GF Value Rp188.36
Valuation Significantly Overvalued
! 6 Warning Signs
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What is PT Steadyfe Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Steadyfe Tbk  (ISX:SAFE) 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 Steadyfe Tbk Cyclically Adjusted PB Ratio Related Terms


PT Steadyfe Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Steadyfe 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 0.00

PT Steadyfe 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 0.00 0.00 0.00

ISX:SAFE vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, PT Steadyfe 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 Steadyfe Tbk Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


ISX:SAFE
66GF Score
PT Steady Safe Tbk ISX:SAFE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

For example, PT Steadyfe 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)
=94.024/137.6954*137.6954
=94.024

Current CPI (Jun. 2026) = 137.6954.

PT Steadyfe Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 -84.597 103.212 -112.861
201609 -85.571 104.142 -113.141
201703 -55.691 106.476 -72.020
201706 -58.335 107.722 -74.567
201709 -60.782 108.020 -77.480
201712 -65.108 109.017 -82.236
201803 -71.511 110.097 -89.437
201806 -75.430 111.085 -93.500
201809 -83.857 111.135 -103.899
201812 -98.551 112.430 -120.698
201903 -101.493 112.829 -123.862
201906 -97.790 114.730 -117.364
201909 -81.605 114.905 -97.791
201912 -83.725 115.486 -99.826
202003 -81.371 116.252 -96.380
202006 -101.138 116.630 -119.405
202009 -104.521 116.397 -123.647
202012 -112.035 117.318 -131.495
202103 -112.389 117.840 -131.326
202106 -110.236 118.184 -128.435
202109 -111.790 118.262 -130.160
202112 -110.925 119.516 -127.798
202203 -108.318 120.948 -123.316
202206 -104.063 123.322 -116.191
202209 -101.808 125.298 -111.881
202212 -93.950 126.098 -102.591
202303 -83.152 126.953 -90.188
202306 -78.095 127.663 -84.232
202309 -72.559 128.151 -77.963
202312 -62.167 129.395 -66.155
202403 -46.042 130.607 -48.541
202406 -17.804 130.792 -18.744
202409 3.444 130.361 3.638
202412 -17.841 131.432 -18.691
202503 0.373 131.948 0.389
202506 17.177 133.241 17.751
202509 32.124 133.819 33.055
202512 76.824 135.271 78.201
202603 83.776 136.539 84.486
202606 94.024 137.695 94.024

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.

Is PT Steadyfe Tbk (ISX:SAFE) Overvalued in 2026?

Based on GuruFocus' analysis, PT Steadyfe Tbk stock appears to be overvalued. The current stock price of Rp1,055.00 is trading 460.1% above its estimated GF Value™ of Rp188.36. GuruFocus considers PT Steadyfe Tbk to be Significantly Overvalued.

Key valuation signals for ISX:SAFE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: Rp188.36 vs. price of Rp1,055.00 (460.1% above fair value)
  • GF Score™: 66/100 with 6 warning signs

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


PT Steadyfe Tbk Business Description

Address Jl RP Soeroso No 24 Kel. Cikini, Gedung Istana Kana Lt 2, Menteng, Pusat Jakarta, Jakarta, IDN, 10330
PT Steady Safe Tbk is engaged in the field of transportation services, especially as Bus transport operator in Jakarta. The company and its subsidiaries classify their business activities in two main business segments, namely land transportation and financial services. It derives the majority of the revenue from land transportation segment.
66GF Score

Get the complete analysis for ISX:SAFE

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

Rp1,055.00
Price
Rp188.36
GF Value