PT Golden Eagle Energy Tbk (ISX:SMMT) Cyclically Adjusted PB Ratio: 8.00 (As of Aug. 03, 2026) — 100% Above Median

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ISX:SMMT PT Golden Eagle Energy Tbk ISX:SMMT
71 GF Score
Price Rp1,850.00
GF Value Rp1,398.95
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is PT Golden Eagle Energy Tbk Cyclically Adjusted PB Ratio?

PT Golden Eagle Energy Tbk ISX:SMMT +0.82% 71 Cyclically Adjusted PB Ratio is 8.00 as of Aug. 03, 2026, which is 100% above its 10-year median of 4.00. GuruFocus rates ISX:SMMT with a GF Score™ of 71/100 and a GF Value™ of Rp1,398.95 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 133 Other Energy Sources companies, PT Golden Eagle Energy Tbk ranks worse than 96.99% on this metric.

As of today (2026-08-03), PT Golden Eagle Energy Tbk's current share price is Rp1850.00. PT Golden Eagle Energy Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp231.35. PT Golden Eagle Energy Tbk's Cyclically Adjusted PB Ratio for today is 8.00.

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   Max: 9.94
Current: 8.36

During the past years, PT Golden Eagle Energy Tbk's highest Cyclically Adjusted PB Ratio was 9.94. The lowest was 3.26. And the median was 4.00.

ISX:SMMT's Cyclically Adjusted PB Ratio is ranked worse than
96.99% of 133 companies
in the Other Energy Sources industry
Industry Median: 1.11 vs ISX:SMMT: 8.36

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 Mar. 2026 was Rp163.436. 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 Rp231.35 for the trailing ten years ended in Mar. 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 0.00 3.50 4.49 3.38 6.11

PT Golden Eagle Energy 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 3.71 3.97 4.97 6.11 5.19

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
71GF 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
=1850.00/231.35
=8.00

* 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 Mar. 2026 is calculated as:

For example, PT Golden Eagle Energy 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)
=163.436/136.5387*136.5387
=163.436

Current CPI (Mar. 2026) = 136.5387.

PT Golden Eagle Energy Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 117.618 103.212 155.596
201609 115.466 104.142 151.385
201612 113.636 105.222 147.457
201703 116.255 106.476 149.079
201706 115.838 107.722 146.826
201709 115.577 108.020 146.090
201712 137.850 109.017 172.651
201803 128.825 110.097 159.765
201806 133.341 111.085 163.895
201809 144.352 111.135 177.349
201812 187.363 112.430 227.540
201903 172.190 112.829 208.375
201906 176.570 114.730 210.133
201909 172.379 114.905 204.834
201912 188.373 115.486 222.713
202003 191.944 116.252 225.439
202006 185.289 116.630 216.918
202009 182.272 116.397 213.814
202012 182.689 117.318 212.620
202103 183.678 117.840 212.824
202106 193.015 118.184 222.992
202109 219.249 118.262 253.133
202112 258.866 119.516 295.736
202203 281.936 120.948 318.278
202206 314.004 123.322 347.655
202209 283.152 125.298 308.553
202212 309.797 126.098 335.448
202303 331.577 126.953 356.614
202306 305.531 127.663 326.773
202309 310.207 128.151 330.510
202312 257.917 129.395 272.157
202403 240.005 130.607 250.905
202406 245.586 130.792 256.377
202409 246.412 130.361 258.089
202412 268.857 131.432 279.304
202503 284.820 131.948 294.728
202506 329.878 133.241 338.043
202509 157.553 133.819 160.755
202512 157.813 135.271 159.292
202603 163.436 136.539 163.436

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 8.00 mean?
PT Golden Eagle Energy Tbk (ISX:SMMT) has a Cyclically Adjusted PB Ratio of 8.00 as of Aug. 03, 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 100% above median its historical median of 4.00. Over the past decade, PT Golden Eagle Energy Tbk's Cyclically Adjusted PB Ratio has ranged from 3.26 to 9.94. According to the industry distribution chart, PT Golden Eagle Energy Tbk ranks #129 out of 133 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 8.00 is 100% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 9.94. The Other Energy Sources industry median Cyclically Adjusted PB Ratio is 1.11. PT Golden Eagle Energy Tbk's value of 8.00 is 620.7% above this industry median. Based on the distribution chart, PT Golden Eagle Energy Tbk ranks #129 out of 133 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 71/100 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 #129 out of 133 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 1.11. PT Golden Eagle Energy Tbk's value of 8.00 is 620.7% above this benchmark. Historically, PT Golden Eagle Energy Tbk's own Cyclically Adjusted PB Ratio has ranged from 3.26 to 9.94 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 1.11, 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 1.11, based on 133 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 8.00 is 620.7% 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 1.11 — 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 8.00, which is 100% above median its own 10-year median of 4.00. 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 Rp1,398.95, compared to a current price of Rp1,850.00 — trading 32.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.00, which is 100% above median its 10-year median of 4.00 and 620.7% above the Other Energy Sources industry median of 1.11. PT Golden Eagle Energy Tbk's overall GF Score™ is 71/100 with 3 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 8.00 as of Aug. 03, 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 Rp1,850.00 is trading 32.2% above its estimated GF Value™ of Rp1,398.95. GuruFocus considers PT Golden Eagle Energy Tbk to be Significantly Overvalued.

Key valuation signals for ISX:SMMT:

  • Cyclically Adjusted PB Ratio: 8.00 (100% above median its 10-year median of 4.00)
  • GF Value™: Rp1,398.95 vs. price of Rp1,850.00 (32.2% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 620.7% above the Other Energy Sources median (#129 of 133)

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.
71GF 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.

Rp1,850.00
Price
Rp1,398.95
GF Value