PT Suryamas Dutamakmur Tbk (ISX:SMDM) Cyclically Adjusted PB Ratio: 1.22 (As of Jul. 21, 2026) — 184% Above Median

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ISX:SMDM PT Suryamas Dutamakmur Tbk ISX:SMDM
71 GF Score
Price Rp565.00
GF Value Rp300.53
Valuation Significantly Overvalued
! 2 Warning Signs
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What is PT Suryamas Dutamakmur Tbk Cyclically Adjusted PB Ratio?

PT Suryamas Dutamakmur Tbk ISX:SMDM -0.88% 71 Cyclically Adjusted PB Ratio is 1.22 as of Jul. 21, 2026, which is 184% above its 10-year median of 0.43. GuruFocus rates ISX:SMDM with a GF Score™ of 71/100 and a GF Value™ of Rp300.53 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,440 Real Estate companies, PT Suryamas Dutamakmur Tbk ranks worse than 71.6% on this metric.

As of today (2026-07-21), PT Suryamas Dutamakmur Tbk's current share price is Rp565.00. PT Suryamas Dutamakmur Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp461.99. PT Suryamas Dutamakmur Tbk's Cyclically Adjusted PB Ratio for today is 1.22.

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

ISX:SMDM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.43   Max: 6.16
Current: 1.23

During the past years, PT Suryamas Dutamakmur Tbk's highest Cyclically Adjusted PB Ratio was 6.16. The lowest was 0.16. And the median was 0.43.

ISX:SMDM's Cyclically Adjusted PB Ratio is ranked worse than
71.6% of 1440 companies
in the Real Estate industry
Industry Median: 0.7 vs ISX:SMDM: 1.23

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 Suryamas Dutamakmur Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp484.037. 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 Rp461.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Suryamas Dutamakmur Tbk  (ISX:SMDM) 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 Suryamas Dutamakmur Tbk Cyclically Adjusted PB Ratio Related Terms


PT Suryamas Dutamakmur Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Suryamas Dutamakmur 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 0.46 0.42 0.44 1.18 1.81

PT Suryamas Dutamakmur 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 3.31 2.02 1.86 1.81 1.31

PT Suryamas Dutamakmur Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, PT Suryamas Dutamakmur 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 Suryamas Dutamakmur Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


ISX:SMDM
71GF Score
PT Suryamas Dutamakmur Tbk ISX:SMDM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Suryamas Dutamakmur 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 Suryamas Dutamakmur Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=565.00/461.99
=1.22

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

For example, PT Suryamas Dutamakmur 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)
=484.037/136.5387*136.5387
=484.037

Current CPI (Mar. 2026) = 136.5387.

PT Suryamas Dutamakmur Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 357.034 103.212 472.317
201609 357.844 104.142 469.161
201612 358.615 105.222 465.348
201703 359.749 106.476 461.322
201706 359.731 107.722 455.965
201709 360.841 108.020 456.106
201712 360.939 109.017 452.060
201803 363.026 110.097 450.215
201806 364.435 111.085 447.942
201809 364.729 111.135 448.102
201812 368.112 112.430 447.048
201903 371.078 112.829 449.058
201906 372.989 114.730 443.889
201909 372.488 114.905 442.620
201912 372.930 115.486 440.914
202003 372.687 116.252 437.722
202006 371.857 116.630 435.334
202009 374.057 116.397 438.786
202012 373.835 117.318 435.082
202103 380.795 117.840 441.220
202106 382.631 118.184 442.056
202109 392.701 118.262 453.392
202112 397.761 119.516 454.414
202203 406.537 120.948 458.941
202206 415.242 123.322 459.743
202209 423.309 125.298 461.283
202212 431.922 126.098 467.686
202303 433.102 126.953 465.806
202306 438.299 127.663 468.772
202309 446.073 128.151 475.268
202312 454.099 129.395 479.170
202403 457.819 130.607 478.611
202406 474.535 130.792 495.386
202409 471.650 130.361 494.001
202412 477.975 131.432 496.548
202503 476.525 131.948 493.103
202506 477.604 133.241 489.426
202509 475.106 133.819 484.762
202512 482.648 135.271 487.171
202603 484.037 136.539 484.037

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 1.22 mean?
PT Suryamas Dutamakmur Tbk (ISX:SMDM) has a Cyclically Adjusted PB Ratio of 1.22 as of Jul. 21, 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 Suryamas Dutamakmur Tbk and its competitors. This is 184% above median its historical median of 0.43. Over the past decade, PT Suryamas Dutamakmur Tbk's Cyclically Adjusted PB Ratio has ranged from 0.16 to 6.16. According to the industry distribution chart, PT Suryamas Dutamakmur Tbk ranks #1031 out of 1440 companies in the Real Estate industry, placing it in the top 71.6%.
Is PT Suryamas Dutamakmur Tbk's Cyclically Adjusted PB Ratio too high?
PT Suryamas Dutamakmur Tbk's current Cyclically Adjusted PB Ratio of 1.22 is 184% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 6.16. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. PT Suryamas Dutamakmur Tbk's value of 1.22 is 74.3% above this industry median. Based on the distribution chart, PT Suryamas Dutamakmur Tbk ranks #1031 out of 1440 companies in the Real Estate industry, which is below the industry midpoint. Overall, PT Suryamas Dutamakmur Tbk has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Suryamas Dutamakmur Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT Suryamas Dutamakmur Tbk ranks #1031 out of 1440 companies for Cyclically Adjusted PB Ratio. This places PT Suryamas Dutamakmur Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.70. PT Suryamas Dutamakmur Tbk's value of 1.22 is 74.3% above this benchmark. Historically, PT Suryamas Dutamakmur Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 6.16 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.70, PT Suryamas Dutamakmur Tbk has consistently been above 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 1,440 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 Suryamas Dutamakmur Tbk's current Cyclically Adjusted PB Ratio of 1.22 is 74.3% above 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 Suryamas Dutamakmur 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 Suryamas Dutamakmur Tbk's current Cyclically Adjusted PB Ratio is 1.22, which is 184% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Suryamas Dutamakmur Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Suryamas Dutamakmur Tbk (ISX:SMDM) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp300.53, compared to a current price of Rp565.00 — trading 88% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.22, which is 184% above median its 10-year median of 0.43 and 74.3% above the Real Estate industry median of 0.70. PT Suryamas Dutamakmur Tbk's overall GF Score™ is 71/100 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 Suryamas Dutamakmur Tbk (ISX:SMDM), the current Cyclically Adjusted PB Ratio is 1.22 as of Jul. 21, 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 Suryamas Dutamakmur Tbk (ISX:SMDM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Suryamas Dutamakmur Tbk stock appears to be overvalued. The current stock price of Rp565.00 is trading 88% above its estimated GF Value™ of Rp300.53. GuruFocus considers PT Suryamas Dutamakmur Tbk to be Significantly Overvalued.

Key valuation signals for ISX:SMDM:

  • Cyclically Adjusted PB Ratio: 1.22 (184% above median its 10-year median of 0.43)
  • GF Value™: Rp300.53 vs. price of Rp565.00 (88% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 74.3% above the Real Estate median (#1031 of 1440)

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


PT Suryamas Dutamakmur Tbk Business Description

Address Jalan BSD Grand Boulevard, Grand BSD Office Park, My Republic Plaza 3rd floor, BSD Green Office Park, BSD City, Tangerang, IDN, 15345
PT Suryamas Dutamakmur Tbk is an Indonesia based company engaged in the real estate development business. The activities of the company include the sale of land and houses, and the operation of the golf course, country club, hotel, and other resort facilities. The company holds an interest in a project such as Royal Tajur, R Hotel Rancamaya, Mahogany Residence, Rancamaya Golf & Country Club and Harvest City. All the operations are functioned through the regions of Indonesia.
71GF Score

Get the complete analysis for ISX:SMDM

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

Rp565.00
Price
Rp300.53
GF Value