PT Steadyfe Tbk (ISX:SAFE) Cyclically Adjusted PB Ratio: (As of Jul. 23, 2026)

Author: 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
75 GF Score
Price Rp368.00
GF Value Rp181.76
Valuation Significantly Overvalued
! 4 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
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 0.00 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
75GF 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 Mar. 2026 is calculated as:

For example, PT Steadyfe 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)
=84.351/136.5387*136.5387
=84.351

Current CPI (Mar. 2026) = 136.5387.

PT Steadyfe Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 -131.617 103.212 -174.115
201609 -133.146 104.142 -174.565
201612 -51.936 105.222 -67.394
201703 -54.922 106.476 -70.429
201706 -57.566 107.722 -72.966
201709 -60.013 108.020 -75.857
201712 -64.340 109.017 -80.583
201803 -70.742 110.097 -87.732
201806 -74.662 111.085 -91.770
201809 -83.825 111.135 -102.987
201812 -97.783 112.430 -118.751
201903 -100.725 112.829 -121.892
201906 -97.022 114.730 -115.464
201909 -80.837 114.905 -96.057
201912 -82.956 115.486 -98.079
202003 -80.603 116.252 -94.668
202006 -100.369 116.630 -117.502
202009 -103.753 116.397 -121.707
202012 -111.267 117.318 -129.496
202103 -111.621 117.840 -129.333
202106 -109.467 118.184 -126.468
202109 -111.022 118.262 -128.180
202112 -110.157 119.516 -125.847
202203 -107.550 120.948 -121.413
202206 -103.295 123.322 -114.365
202209 -101.040 125.298 -110.104
202212 -93.181 126.098 -100.896
202303 -82.384 126.953 -88.605
202306 -77.327 127.663 -82.703
202309 -71.791 128.151 -76.490
202312 -61.398 129.395 -64.788
202403 -45.273 130.607 -47.329
202406 -17.036 130.792 -17.785
202409 4.213 130.361 4.413
202412 -17.073 131.432 -17.736
202503 1.141 131.948 1.181
202506 17.945 133.241 18.389
202509 32.892 133.819 33.560
202512 77.399 135.271 78.124
202603 84.351 136.539 84.351

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 Rp368.00 is trading 102.5% above its estimated GF Value™ of Rp181.76. GuruFocus considers PT Steadyfe Tbk to be Significantly Overvalued.

Key valuation signals for ISX:SAFE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: Rp181.76 vs. price of Rp368.00 (102.5% above fair value)
  • GF Score™: 75/100 with 4 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.
75GF 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.

Rp368.00
Price
Rp181.76
GF Value