PT Surya Pertiwi Tbk (ISX:SPTO) Cyclically Adjusted PB Ratio: 1.25 (As of Jul. 16, 2026) — 13% Below Median

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ISX:SPTO PT Surya Pertiwi Tbk ISX:SPTO
79 GF Score
Price Rp590.00
GF Value Rp606.90
Valuation Fairly Valued
! 3 Warning Signs
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What is PT Surya Pertiwi Tbk Cyclically Adjusted PB Ratio?

PT Surya Pertiwi Tbk ISX:SPTO +0.85% 79 Cyclically Adjusted PB Ratio is 1.25 as of Jul. 16, 2026, which is 13% below its 10-year median of 1.43. GuruFocus rates ISX:SPTO with a GF Score™ of 79/100 and a GF Value™ of Rp606.90 (Fairly Valued). The stock has 3 warning signs investors should review. Among 340 Furnishings, Fixtures & Appliances companies, PT Surya Pertiwi Tbk ranks worse than 50.29% on this metric.

As of today (2026-07-16), PT Surya Pertiwi Tbk's current share price is Rp590.00. PT Surya Pertiwi Tbk's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was Rp473.84. PT Surya Pertiwi Tbk's Cyclically Adjusted PB Ratio for today is 1.25.

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

ISX:SPTO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.43   Max: 1.64
Current: 1.21

During the past 11 years, PT Surya Pertiwi Tbk's highest Cyclically Adjusted PB Ratio was 1.64. The lowest was 1.21. And the median was 1.43.

ISX:SPTO's Cyclically Adjusted PB Ratio is ranked worse than
50.29% of 340 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.195 vs ISX:SPTO: 1.21

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 Surya Pertiwi Tbk's adjusted book value per share data of for the fiscal year that ended in Dec25 was Rp635.095. 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 Rp473.84 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Surya Pertiwi Tbk  (ISX:SPTO) 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 Surya Pertiwi Tbk Cyclically Adjusted PB Ratio Related Terms


PT Surya Pertiwi Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Surya Pertiwi 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 Surya Pertiwi Tbk Cyclically Adjusted PB Ratio Chart

PT Surya Pertiwi 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 1.59 1.37

PT Surya Pertiwi 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 0.00 0.00 0.00 1.37 0.00

ISX:SPTO vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, PT Surya Pertiwi 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 Surya Pertiwi Tbk Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, PT Surya Pertiwi Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:SPTO
79GF Score
PT Surya Pertiwi Tbk ISX:SPTO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Surya Pertiwi 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 Surya Pertiwi Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=590.00/473.84
=1.25

* 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 Surya Pertiwi Tbk's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, PT Surya Pertiwi Tbk's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=635.095/135.2711*135.2711
=635.095

Current CPI (Dec25) = 135.2711.

PT Surya Pertiwi Tbk Annual Data

Book Value per Share CPI Adj_Book
201612 103.102 105.222 132.546
201712 107.908 109.017 133.895
201812 406.323 112.430 488.871
201912 444.317 115.486 520.438
202012 448.786 117.318 517.463
202112 487.661 119.516 551.946
202212 514.161 126.098 551.565
202312 558.317 129.395 583.673
202412 605.191 131.432 622.871
202512 635.095 135.271 635.095

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 1.25 mean?
PT Surya Pertiwi Tbk (ISX:SPTO) has a Cyclically Adjusted PB Ratio of 1.25 as of Jul. 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 Surya Pertiwi Tbk and its competitors. This is 13% below median its historical median of 1.43. Over the past decade, PT Surya Pertiwi Tbk's Cyclically Adjusted PB Ratio has ranged from 1.21 to 1.64. According to the industry distribution chart, PT Surya Pertiwi Tbk ranks #171 out of 340 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 50.3%.
Is PT Surya Pertiwi Tbk's Cyclically Adjusted PB Ratio too high?
PT Surya Pertiwi Tbk's current Cyclically Adjusted PB Ratio of 1.25 is 13% below median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 1.64. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. PT Surya Pertiwi Tbk's value of 1.25 is 4.6% above this industry median. Based on the distribution chart, PT Surya Pertiwi Tbk ranks #171 out of 340 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, PT Surya Pertiwi Tbk has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Surya Pertiwi Tbk's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, PT Surya Pertiwi Tbk ranks #171 out of 340 companies for Cyclically Adjusted PB Ratio. This places PT Surya Pertiwi Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. PT Surya Pertiwi Tbk's value of 1.25 is 4.6% above this benchmark. Historically, PT Surya Pertiwi Tbk's own Cyclically Adjusted PB Ratio has ranged from 1.21 to 1.64 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 1.20, PT Surya Pertiwi 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 340 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 Surya Pertiwi Tbk's current Cyclically Adjusted PB Ratio of 1.25 is 4.6% 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 Surya Pertiwi Tbk and its competitors. For the Furnishings, Fixtures & Appliances 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 Surya Pertiwi Tbk's current Cyclically Adjusted PB Ratio is 1.25, which is 13% below median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Surya Pertiwi Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Surya Pertiwi Tbk (ISX:SPTO) is currently considered Fairly Valued. The stock's GF Value™ is Rp606.90, compared to a current price of Rp590.00 — trading 2.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.25, which is 13% below median its 10-year median of 1.43 and 4.6% above the Furnishings, Fixtures & Appliances industry median of 1.20. PT Surya Pertiwi Tbk's overall GF Score™ is 79/100 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 Surya Pertiwi Tbk (ISX:SPTO), the current Cyclically Adjusted PB Ratio is 1.25 as of Jul. 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 Surya Pertiwi Tbk (ISX:SPTO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Surya Pertiwi Tbk stock appears to be undervalued. The current stock price of Rp590.00 is trading 2.8% below its estimated GF Value™ of Rp606.90. GuruFocus considers PT Surya Pertiwi Tbk to be Fairly Valued.

Key valuation signals for ISX:SPTO:

  • Cyclically Adjusted PB Ratio: 1.25 (13% below median its 10-year median of 1.43)
  • GF Value™: Rp606.90 vs. price of Rp590.00 (2.8% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 4.6% above the Furnishings, Fixtures & Appliances median (#171 of 340)

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


PT Surya Pertiwi Tbk Business Description

Address Jalan Letjen S. Parman Kav. 81, Wisma 81 TOTO Office Building, Jakarta Barat, Jakarta, IDN, 11420
PT Surya Pertiwi Tbk mainly engage in porcelain sanitary industry, wood furnitures industry, others furnitures industry, flooring, walling, sanitary and ceiling equipment and self-owned or leased real estate. The company categorizes its operational activities into four segments: sanitary wares, fittings, kitchen products, and other related items. The four segments include Nine brands that are distributed by the Company, namely TOTO, Villeroy & Boch, Geberit, Stiebel Eltron, Franke, Kaldewei, Eco, Jacuzzi, and W.Atelier. Sanitary products, includes sanitary components, accessories and spare parts, among others (but not limited to) closet, urinal, bidet, washbasin as well as household appliances kitchen set, marbelite or synthetic marbles and vanity units, etc.
79GF Score

Get the complete analysis for ISX:SPTO

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

Rp590.00
Price
Rp606.90
GF Value