PTmudera Indonesia Tbk (ISX:SMDR) Cyclically Adjusted PB Ratio: 0.87 (As of Aug. 04, 2026) — 17% Below Median

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ISX:SMDR PT Samudera Indonesia Tbk ISX:SMDR
82 GF Score
Price Rp302.00
GF Value Rp353.12
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PTmudera Indonesia Tbk Cyclically Adjusted PB Ratio?

PTmudera Indonesia Tbk ISX:SMDR +0.67% 82 Cyclically Adjusted PB Ratio is 0.87 as of Aug. 04, 2026, which is 17% below its 10-year median of 1.05. GuruFocus rates ISX:SMDR with a GF Score™ of 82/100 and a GF Value™ of Rp353.12 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 737 Transportation companies, PTmudera Indonesia Tbk ranks better than 68.11% on this metric.

As of today (2026-08-04), PTmudera Indonesia Tbk's current share price is Rp302.00. PTmudera Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp347.70. PTmudera Indonesia Tbk's Cyclically Adjusted PB Ratio for today is 0.87.

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

ISX:SMDR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.05   Max: 1.42
Current: 0.86

During the past years, PTmudera Indonesia Tbk's highest Cyclically Adjusted PB Ratio was 1.42. The lowest was 0.79. And the median was 1.05.

ISX:SMDR's Cyclically Adjusted PB Ratio is ranked better than
68.11% of 737 companies
in the Transportation industry
Industry Median: 1.27 vs ISX:SMDR: 0.86

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.

PTmudera Indonesia Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp611.317. 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 Rp347.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PTmudera Indonesia Tbk  (ISX:SMDR) 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.


PTmudera Indonesia Tbk Cyclically Adjusted PB Ratio Related Terms


PTmudera Indonesia Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PTmudera 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.

PTmudera Indonesia Tbk Cyclically Adjusted PB Ratio Chart

PTmudera Indonesia 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 0.96 1.22

PTmudera Indonesia 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 1.03 1.02 1.22 1.03 0.78

PTmudera Indonesia Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, PTmudera 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.


PTmudera Indonesia Tbk Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


ISX:SMDR
82GF Score
PT Samudera Indonesia Tbk ISX:SMDR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTmudera 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.

PTmudera Indonesia Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=302.00/347.70
=0.87

* 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.

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

For example, PTmudera Indonesia 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)
=611.317/137.6954*137.6954
=611.317

Current CPI (Jun. 2026) = 137.6954.

PTmudera Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 170.840 104.142 225.882
201612 170.242 105.222 222.782
201703 0.000 106.476 0.000
201706 0.000 107.722 0.000
201709 0.000 108.020 0.000
201712 175.799 109.017 222.046
201803 179.724 110.097 224.777
201806 174.601 111.085 216.427
201809 187.323 111.135 232.093
201812 185.840 112.430 227.602
201903 183.787 112.829 224.293
201906 164.090 114.730 196.935
201909 162.635 114.905 194.893
201912 148.807 115.486 177.425
202003 147.626 116.252 174.856
202006 151.093 116.630 178.383
202009 155.174 116.397 183.568
202012 146.182 117.318 171.573
202103 157.324 117.840 183.833
202106 163.439 118.184 190.422
202109 188.883 118.262 219.922
202112 231.144 119.516 266.303
202203 282.178 120.948 321.250
202206 328.387 123.322 366.660
202209 374.177 125.298 411.198
202212 422.818 126.098 461.706
202303 445.458 126.953 483.153
202306 428.554 127.663 462.232
202309 442.592 128.151 475.554
202312 459.622 129.395 489.107
202403 470.426 130.607 495.957
202406 483.223 130.792 508.730
202409 483.015 130.361 510.191
202412 503.975 131.432 527.994
202503 528.495 131.948 551.514
202506 531.700 133.241 549.477
202509 544.055 133.819 559.815
202512 557.384 135.271 567.373
202603 572.743 136.539 577.595
202606 611.317 137.695 611.317

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 0.87 mean?
PTmudera Indonesia Tbk (ISX:SMDR) has a Cyclically Adjusted PB Ratio of 0.87 as of Aug. 04, 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 PTmudera Indonesia Tbk and its competitors. This is 17% below median its historical median of 1.05. Over the past decade, PTmudera Indonesia Tbk's Cyclically Adjusted PB Ratio has ranged from 0.79 to 1.42. According to the industry distribution chart, PTmudera Indonesia Tbk ranks #235 out of 737 companies in the Transportation industry, placing it in the top 31.9%.
Is PTmudera Indonesia Tbk's Cyclically Adjusted PB Ratio too high?
PTmudera Indonesia Tbk's current Cyclically Adjusted PB Ratio of 0.87 is 17% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.42. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. PTmudera Indonesia Tbk's value of 0.87 is 31.5% below this industry median. Based on the distribution chart, PTmudera Indonesia Tbk ranks #235 out of 737 companies in the Transportation industry, which is above the industry midpoint. Overall, PTmudera Indonesia Tbk has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PTmudera Indonesia Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, PTmudera Indonesia Tbk ranks #235 out of 737 companies for Cyclically Adjusted PB Ratio. This puts PTmudera Indonesia Tbk in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. PTmudera Indonesia Tbk's value of 0.87 is 31.5% below this benchmark. Historically, PTmudera Indonesia Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.79 to 1.42 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.27, PTmudera 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 1.27, based on 737 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. PTmudera Indonesia Tbk's current Cyclically Adjusted PB Ratio of 0.87 is 31.5% 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 PTmudera Indonesia Tbk and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTmudera Indonesia Tbk's current Cyclically Adjusted PB Ratio is 0.87, which is 17% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTmudera Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PTmudera Indonesia Tbk (ISX:SMDR) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp353.12, compared to a current price of Rp302.00 — trading 14.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.87, which is 17% below median its 10-year median of 1.05 and 31.5% below the Transportation industry median of 1.27. PTmudera Indonesia Tbk's overall GF Score™ is 82/100 with 4 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 PTmudera Indonesia Tbk (ISX:SMDR), the current Cyclically Adjusted PB Ratio is 0.87 as of Aug. 04, 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 PTmudera Indonesia Tbk (ISX:SMDR) Overvalued in 2026?

Based on GuruFocus' analysis, PTmudera Indonesia Tbk stock appears to be undervalued. The current stock price of Rp302.00 is trading 14.5% below its estimated GF Value™ of Rp353.12. GuruFocus considers PTmudera Indonesia Tbk to be Modestly Undervalued.

Key valuation signals for ISX:SMDR:

  • Cyclically Adjusted PB Ratio: 0.87 (17% below median its 10-year median of 1.05)
  • GF Value™: Rp353.12 vs. price of Rp302.00 (14.5% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 31.5% below the Transportation median (#235 of 737)

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


PTmudera Indonesia Tbk Business Description

Address Jalan Letjen S. Parman Kav. 35, Samudera Indonesia Building 2nd Floor, Jakarta, IDN, 11480
PT Samudera Indonesia Tbk provides cargo transportation and integrated logistics services. It operates through the following business segments: Shipping and agency; Logistics and ports and Others. The company generates maximum revenue from the Shipping and agency segment. Geographically, it derives a majority of the revenue from Indonesia, while it also has its presence in Southeast Asia (except Indonesia); Middle East and India; and Others.
82GF Score

Get the complete analysis for ISX:SMDR

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

Rp302.00
Price
Rp353.12
GF Value