PT Golden Eagle Energy Tbk (ISX:SMMT) Cyclically Adjusted PB Ratio: 13.01 (As of Sep. 17, 2026) — 223% Above Median

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ISX:SMMT PT Golden Eagle Energy Tbk ISX:SMMT
66 GF Score
Price Rp3,100.00
GF Value Rp1,700.66
Valuation Significantly Overvalued
! 6 Warning Signs
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What is PT Golden Eagle Energy Tbk Cyclically Adjusted PB Ratio?

PT Golden Eagle Energy Tbk ISX:SMMT +15.67% 66 Cyclically Adjusted PB Ratio is 13.01 as of Sep. 17, 2026, which is 223% above its 10-year median of 4.03. GuruFocus rates ISX:SMMT with a GF Score™ of 66/100 and a GF Value™ of Rp1,700.66 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 134 Other Energy Sources companies, PT Golden Eagle Energy Tbk ranks worse than 97.01% on this metric.

As of today (2026-09-17), PT Golden Eagle Energy Tbk's current share price is Rp3100.00. PT Golden Eagle Energy Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp238.28. PT Golden Eagle Energy Tbk's Cyclically Adjusted PB Ratio for today is 13.01.

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

ISX:SMMT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.26   Med: 4.03   Max: 11.53
Current: 11.53

During the past years, PT Golden Eagle Energy Tbk's highest Cyclically Adjusted PB Ratio was 11.53. The lowest was 3.26. And the median was 4.03.

ISX:SMMT's Cyclically Adjusted PB Ratio is ranked worse than
97.01% of 134 companies
in the Other Energy Sources industry
Industry Median: 1.2 vs ISX:SMMT: 11.53

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 Golden Eagle Energy Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp189.688. 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 Rp238.28 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Golden Eagle Energy Tbk  (ISX:SMMT) 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 Golden Eagle Energy Tbk Cyclically Adjusted PB Ratio Related Terms


PT Golden Eagle Energy Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Golden Eagle Energy 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 Golden Eagle Energy Tbk Cyclically Adjusted PB Ratio Chart

PT Golden Eagle Energy 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 1.11 3.19 4.36 3.26 6.09

PT Golden Eagle Energy 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 3.88 4.87 6.00 5.09 7.24

PT Golden Eagle Energy Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Thermal Coal subindustry, PT Golden Eagle Energy 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 Golden Eagle Energy Tbk Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Golden Eagle Energy Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:SMMT
66GF Score
PT Golden Eagle Energy Tbk ISX:SMMT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Golden Eagle Energy 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 Golden Eagle Energy Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3100.00/238.279
=13.01

* 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 Golden Eagle Energy Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Golden Eagle Energy 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)
=189.688/137.6954*137.6954
=189.688

Current CPI (Jun. 2026) = 137.6954.

PT Golden Eagle Energy Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 120.896 104.142 159.847
201612 121.014 105.222 158.361
201703 122.884 106.476 158.914
201706 122.744 107.722 156.898
201709 124.420 108.020 158.600
201712 133.130 109.017 168.152
201803 138.598 110.097 173.342
201806 141.413 111.085 175.289
201809 147.151 111.135 182.320
201812 155.408 112.430 190.332
201903 161.473 112.829 197.061
201906 163.675 114.730 196.437
201909 164.462 114.905 197.082
201912 185.538 115.486 221.219
202003 179.328 116.252 212.406
202006 182.215 116.630 215.127
202009 179.818 116.397 212.722
202012 179.225 117.318 210.355
202103 182.418 117.840 213.155
202106 193.966 118.184 225.989
202109 219.882 118.262 256.015
202112 259.634 119.516 299.126
202203 285.611 120.948 325.158
202206 325.087 123.322 362.975
202209 296.617 125.298 325.964
202212 322.824 126.098 352.515
202303 342.309 126.953 371.276
202306 326.104 127.663 351.731
202309 329.946 128.151 354.519
202312 253.817 129.395 270.099
202403 260.400 130.607 274.533
202406 266.407 130.792 280.469
202409 262.450 130.361 277.216
202412 269.327 131.432 282.163
202503 308.119 131.948 321.539
202506 348.838 133.241 360.501
202509 159.904 133.819 164.536
202512 158.367 135.271 161.205
202603 164.940 136.539 166.337
202606 189.688 137.695 189.688

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 13.01 mean?
PT Golden Eagle Energy Tbk (ISX:SMMT) has a Cyclically Adjusted PB Ratio of 13.01 as of Sep. 17, 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 Golden Eagle Energy Tbk and its competitors. This is 223% above median its historical median of 4.03. Over the past decade, PT Golden Eagle Energy Tbk's Cyclically Adjusted PB Ratio has ranged from 3.26 to 11.53. According to the industry distribution chart, PT Golden Eagle Energy Tbk ranks #130 out of 134 companies in the Other Energy Sources industry, placing it in the top 97%.
Is PT Golden Eagle Energy Tbk's Cyclically Adjusted PB Ratio too high?
PT Golden Eagle Energy Tbk's current Cyclically Adjusted PB Ratio of 13.01 is 223% above median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 11.53. The Other Energy Sources industry median Cyclically Adjusted PB Ratio is 1.20. PT Golden Eagle Energy Tbk's value of 13.01 is 984.2% above this industry median. Based on the distribution chart, PT Golden Eagle Energy Tbk ranks #130 out of 134 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, PT Golden Eagle Energy Tbk has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Golden Eagle Energy Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Golden Eagle Energy Tbk ranks #130 out of 134 companies for Cyclically Adjusted PB Ratio. This places PT Golden Eagle Energy Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. PT Golden Eagle Energy Tbk's value of 13.01 is 984.2% above this benchmark. Historically, PT Golden Eagle Energy Tbk's own Cyclically Adjusted PB Ratio has ranged from 3.26 to 11.53 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 1.20, PT Golden Eagle Energy 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 an Other Energy Sources company?
The median Cyclically Adjusted PB Ratio among Other Energy Sources companies is 1.20, based on 134 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 Golden Eagle Energy Tbk's current Cyclically Adjusted PB Ratio of 13.01 is 984.2% 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 Golden Eagle Energy Tbk and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Golden Eagle Energy Tbk's current Cyclically Adjusted PB Ratio is 13.01, which is 223% above median its own 10-year median of 4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Golden Eagle Energy Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Golden Eagle Energy Tbk (ISX:SMMT) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,700.66, compared to a current price of Rp3,100.00 — trading 82.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 13.01, which is 223% above median its 10-year median of 4.03 and 984.2% above the Other Energy Sources industry median of 1.20. PT Golden Eagle Energy Tbk's overall GF Score™ is 66/100 with 6 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 Golden Eagle Energy Tbk (ISX:SMMT), the current Cyclically Adjusted PB Ratio is 13.01 as of Sep. 17, 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 Golden Eagle Energy Tbk (ISX:SMMT) Overvalued in 2026?

Based on GuruFocus' analysis, PT Golden Eagle Energy Tbk stock appears to be overvalued. The current stock price of Rp3,100.00 is trading 82.3% above its estimated GF Value™ of Rp1,700.66. GuruFocus considers PT Golden Eagle Energy Tbk to be Significantly Overvalued.

Key valuation signals for ISX:SMMT:

  • Cyclically Adjusted PB Ratio: 13.01 (223% above median its 10-year median of 4.03)
  • GF Value™: Rp1,700.66 vs. price of Rp3,100.00 (82.3% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 984.2% above the Other Energy Sources median (#130 of 134)

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


PT Golden Eagle Energy Tbk Business Description

Address Jalan Boulevard Pantai Indah Kapuk, No. 1 Kav. OFS, The Suites Tower, Lantai 17, Jakarta Utara, Jakarta, IDN, 14470
PT Golden Eagle Energy Tbk, along with its subsidiaries, is engaged in operating coal mines with coal reserves in Sumatra and Kalimantan. The Group's business activities include coal mining and related activities, including general surveying, exploration, exploitation, processing, refining, and trading. Its coal reserves mainly consist of subbituminous coal characterized by relatively low sulfur and ash content, which is mainly used to meet the needs of power plants and the cement industry. Geographically, the Group operates only in Indonesia.
66GF Score

Get the complete analysis for ISX:SMMT

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

Rp3,100.00
Price
Rp1,700.66
GF Value