PT Summarecon Agung Tbk (ISX:SMRA) Cyclically Adjusted PB Ratio: 0.54 (As of Aug. 16, 2026) — 57% Below Median

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ISX:SMRA PT Summarecon Agung Tbk ISX:SMRA
91 GF Score
Price Rp330.00
GF Value Rp404.41
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT Summarecon Agung Tbk Cyclically Adjusted PB Ratio?

PT Summarecon Agung Tbk ISX:SMRA +1.23% 91 Cyclically Adjusted PB Ratio is 0.54 as of Aug. 16, 2026, which is 57% below its 10-year median of 1.25. GuruFocus rates ISX:SMRA with a GF Score™ of 91/100 and a GF Value™ of Rp404.41 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,401 Real Estate companies, PT Summarecon Agung Tbk ranks better than 58.46% on this metric.

As of today (2026-08-16), PT Summarecon Agung Tbk's current share price is Rp330.00. PT Summarecon Agung Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp606.22. PT Summarecon Agung Tbk's Cyclically Adjusted PB Ratio for today is 0.54.

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

ISX:SMRA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.25   Max: 3.45
Current: 0.54

During the past years, PT Summarecon Agung Tbk's highest Cyclically Adjusted PB Ratio was 3.45. The lowest was 0.45. And the median was 1.25.

ISX:SMRA's Cyclically Adjusted PB Ratio is ranked better than
58.46% of 1401 companies
in the Real Estate industry
Industry Median: 0.69 vs ISX:SMRA: 0.54

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 Summarecon Agung Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp720.447. 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 Rp606.22 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Summarecon Agung Tbk  (ISX:SMRA) 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 Summarecon Agung Tbk Cyclically Adjusted PB Ratio Related Terms


PT Summarecon Agung Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Summarecon Agung 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 Summarecon Agung Tbk Cyclically Adjusted PB Ratio Chart

PT Summarecon Agung 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 1.87 1.22 1.09 0.89 0.65

PT Summarecon Agung 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 0.67 0.74 0.65 0.55 0.45

PT Summarecon Agung Tbk Cyclically Adjusted PB Ratio Competitor Comparison

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

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

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


ISX:SMRA
91GF Score
PT Summarecon Agung Tbk ISX:SMRA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Summarecon Agung 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 Summarecon Agung Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=330.00/606.22
=0.54

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

For example, PT Summarecon Agung 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)
=720.447/137.6954*137.6954
=720.447

Current CPI (Jun. 2026) = 137.6954.

PT Summarecon Agung Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 404.097 104.142 534.291
201612 419.306 105.222 548.712
201703 424.006 106.476 548.328
201706 417.431 107.722 533.583
201709 422.022 108.020 537.958
201712 437.235 109.017 552.256
201803 439.663 110.097 549.877
201806 438.226 111.085 543.204
201809 446.842 111.135 553.636
201812 463.677 112.430 567.876
201903 466.719 112.829 569.582
201906 469.225 114.730 563.148
201909 480.539 114.905 575.852
201912 494.845 115.486 590.010
202003 482.632 116.252 571.655
202006 481.207 116.630 568.122
202009 479.828 116.397 567.629
202012 459.799 117.318 539.663
202103 462.085 117.840 539.945
202106 481.573 118.184 561.078
202109 514.795 118.262 599.390
202112 524.647 119.516 604.450
202203 535.165 120.948 609.267
202206 540.036 123.322 602.976
202209 537.354 125.298 590.520
202212 557.129 126.098 608.370
202303 573.761 126.953 622.313
202306 576.796 127.663 622.124
202309 590.229 128.151 634.186
202312 595.255 129.395 633.441
202403 621.864 130.607 655.614
202406 632.725 130.792 666.123
202409 643.775 130.361 679.996
202412 669.220 131.432 701.114
202503 683.624 131.948 713.399
202506 690.623 133.241 713.713
202509 693.006 133.819 713.081
202512 705.969 135.271 718.621
202603 717.314 136.539 723.391
202606 720.447 137.695 720.447

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 0.54 mean?
PT Summarecon Agung Tbk (ISX:SMRA) has a Cyclically Adjusted PB Ratio of 0.54 as of Aug. 16, 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 Summarecon Agung Tbk and its competitors. This is 57% below median its historical median of 1.25. Over the past decade, PT Summarecon Agung Tbk's Cyclically Adjusted PB Ratio has ranged from 0.45 to 3.45. According to the industry distribution chart, PT Summarecon Agung Tbk ranks #582 out of 1401 companies in the Real Estate industry, placing it in the top 41.5%.
Is PT Summarecon Agung Tbk's Cyclically Adjusted PB Ratio too high?
PT Summarecon Agung Tbk's current Cyclically Adjusted PB Ratio of 0.54 is 57% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 3.45. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. PT Summarecon Agung Tbk's value of 0.54 is 21.7% below this industry median. Based on the distribution chart, PT Summarecon Agung Tbk ranks #582 out of 1401 companies in the Real Estate industry, which is above the industry midpoint. Overall, PT Summarecon Agung Tbk has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Summarecon Agung Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT Summarecon Agung Tbk ranks #582 out of 1401 companies for Cyclically Adjusted PB Ratio. This puts PT Summarecon Agung Tbk in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. PT Summarecon Agung Tbk's value of 0.54 is 21.7% below this benchmark. Historically, PT Summarecon Agung Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 3.45 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 0.69, PT Summarecon Agung 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,401 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 Summarecon Agung Tbk's current Cyclically Adjusted PB Ratio of 0.54 is 21.7% 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 PT Summarecon Agung Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Summarecon Agung Tbk's current Cyclically Adjusted PB Ratio is 0.54, which is 57% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Summarecon Agung Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Summarecon Agung Tbk (ISX:SMRA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp404.41, compared to a current price of Rp330.00 — trading 18.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.54, which is 57% below median its 10-year median of 1.25 and 21.7% below the Real Estate industry median of 0.69. PT Summarecon Agung Tbk's overall GF Score™ is 91/100 with 5 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 Summarecon Agung Tbk (ISX:SMRA), the current Cyclically Adjusted PB Ratio is 0.54 as of Aug. 16, 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 Summarecon Agung Tbk (ISX:SMRA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Summarecon Agung Tbk stock appears to be undervalued. The current stock price of Rp330.00 is trading 18.4% below its estimated GF Value™ of Rp404.41. GuruFocus considers PT Summarecon Agung Tbk to be Modestly Undervalued.

Key valuation signals for ISX:SMRA:

  • Cyclically Adjusted PB Ratio: 0.54 (57% below median its 10-year median of 1.25)
  • GF Value™: Rp404.41 vs. price of Rp330.00 (18.4% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 21.7% below the Real Estate median (#582 of 1401)

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


PT Summarecon Agung Tbk Business Description

Address Jalan Perintis Kemerdekaan No. 42, RT 010, RW 016, Kelurahan Kayu Putih, Pulo Gadung, Jakarta Timur, Jakarta, IDN, 13210
PT Summarecon Agung Tbk is a real estate developer in Indonesia that specializes in townships that include residential and commercial developments and leisure and hospitality businesses. The company is also engaged in managing and leasing of property and the provision of recreational club facilities. It segments are property development segment, which generates the company's revenue, engaged in sales of houses, commercial buildings, apartments, and landplots. The investment property segment engaged in providing shophouses and office building rental. The leisure and hospitality segment owns and generates revenue from hotels, golf courses, and sports and fitness clubs.
91GF Score

Get the complete analysis for ISX:SMRA

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

Rp330.00
Price
Rp404.41
GF Value