PT Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ) Cyclically Adjusted PB Ratio: 83.23 (As of Sep. 02, 2026) — 2096% Above Median

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ISX:SRAJ PT Sejahteraraya Anugrahjaya Tbk ISX:SRAJ
64 GF Score
Price Rp14,050.00
GF Value Rp3,216.47
Valuation Significantly Overvalued
! 2 Warning Signs
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What is PT Sejahteraraya Anugrahjaya Tbk Cyclically Adjusted PB Ratio?

PT Sejahteraraya Anugrahjaya Tbk ISX:SRAJ +2.55% 64 Cyclically Adjusted PB Ratio is 83.23 as of Sep. 02, 2026, which is 2096% above its 10-year median of 3.79. GuruFocus rates ISX:SRAJ with a GF Score™ of 64/100 and a GF Value™ of Rp3,216.47 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 331 Healthcare Providers & Services companies, PT Sejahteraraya Anugrahjaya Tbk ranks worse than 99.4% on this metric.

As of today (2026-09-02), PT Sejahteraraya Anugrahjaya Tbk's current share price is Rp14050.00. PT Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp168.80. PT Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted PB Ratio for today is 83.23.

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

ISX:SRAJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 3.79   Max: 102.17
Current: 85.31

During the past years, PT Sejahteraraya Anugrahjaya Tbk's highest Cyclically Adjusted PB Ratio was 102.17. The lowest was 0.79. And the median was 3.79.

ISX:SRAJ's Cyclically Adjusted PB Ratio is ranked worse than
99.4% of 331 companies
in the Healthcare Providers & Services industry
Industry Median: 1.92 vs ISX:SRAJ: 85.31

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 Sejahteraraya Anugrahjaya Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp88.999. 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 Rp168.80 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Sejahteraraya Anugrahjaya Tbk  (ISX:SRAJ) 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 Sejahteraraya Anugrahjaya Tbk Cyclically Adjusted PB Ratio Related Terms


PT Sejahteraraya Anugrahjaya Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Sejahteraraya Anugrahjaya 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 Sejahteraraya Anugrahjaya Tbk Cyclically Adjusted PB Ratio Chart

PT Sejahteraraya Anugrahjaya 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 1.94 3.85 1.75 13.92 97.71

PT Sejahteraraya Anugrahjaya 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 23.15 63.11 97.71 88.91 65.17

ISX:SRAJ vs HCA, THC, EHC: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, PT Sejahteraraya Anugrahjaya 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 Sejahteraraya Anugrahjaya Tbk Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PT Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:SRAJ
64GF Score
PT Sejahteraraya Anugrahjaya Tbk ISX:SRAJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Sejahteraraya Anugrahjaya 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 Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14050.00/168.80
=83.23

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

For example, PT Sejahteraraya Anugrahjaya 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)
=88.999/137.6954*137.6954
=88.999

Current CPI (Jun. 2026) = 137.6954.

PT Sejahteraraya Anugrahjaya Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 110.325 104.142 145.870
201612 157.765 105.222 206.454
201703 155.546 106.476 201.153
201706 153.951 107.722 196.788
201709 153.465 108.020 195.624
201712 148.721 109.017 187.844
201803 146.539 110.097 183.273
201806 156.921 111.085 194.512
201809 156.089 111.135 193.394
201812 153.467 112.430 187.954
201903 153.845 112.829 187.752
201906 153.242 114.730 183.916
201909 153.769 114.905 184.268
201912 147.967 115.486 176.423
202003 147.163 116.252 174.308
202006 142.837 116.630 168.636
202009 143.376 116.397 169.612
202012 146.154 117.318 171.540
202103 152.447 117.840 178.134
202106 159.912 118.184 186.313
202109 165.484 118.262 192.678
202112 160.517 119.516 184.933
202203 161.293 120.948 183.627
202206 158.555 123.322 177.034
202209 157.520 125.298 173.105
202212 157.817 126.098 172.332
202303 156.662 126.953 169.919
202306 154.320 127.663 166.447
202309 154.515 128.151 166.022
202312 154.662 129.395 164.584
202403 155.058 130.607 163.473
202406 155.466 130.792 163.672
202409 155.047 130.361 163.770
202412 152.512 131.432 159.781
202503 123.260 131.948 128.629
202506 120.107 133.241 124.123
202509 118.228 133.819 121.653
202512 108.881 135.271 110.832
202603 101.589 136.539 102.450
202606 88.999 137.695 88.999

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 83.23 mean?
PT Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ) has a Cyclically Adjusted PB Ratio of 83.23 as of Sep. 02, 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 Sejahteraraya Anugrahjaya Tbk and its competitors. This is 2096% above median its historical median of 3.79. Over the past decade, PT Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted PB Ratio has ranged from 0.79 to 102.17. According to the industry distribution chart, PT Sejahteraraya Anugrahjaya Tbk ranks #329 out of 331 companies in the Healthcare Providers & Services industry, placing it in the top 99.4%.
Is PT Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted PB Ratio too high?
PT Sejahteraraya Anugrahjaya Tbk's current Cyclically Adjusted PB Ratio of 83.23 is 2096% above median its 10-year median of 3.79. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 102.17. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.92. PT Sejahteraraya Anugrahjaya Tbk's value of 83.23 is 4234.9% above this industry median. Based on the distribution chart, PT Sejahteraraya Anugrahjaya Tbk ranks #329 out of 331 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, PT Sejahteraraya Anugrahjaya Tbk has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Sejahteraraya Anugrahjaya Tbk's Cyclically Adjusted PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, PT Sejahteraraya Anugrahjaya Tbk ranks #329 out of 331 companies for Cyclically Adjusted PB Ratio. This places PT Sejahteraraya Anugrahjaya Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.92. PT Sejahteraraya Anugrahjaya Tbk's value of 83.23 is 4234.9% above this benchmark. Historically, PT Sejahteraraya Anugrahjaya Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.79 to 102.17 over the past decade. While the company's 10-year median is 3.79 vs. the industry median of 1.92, PT Sejahteraraya Anugrahjaya 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.92, based on 331 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 Sejahteraraya Anugrahjaya Tbk's current Cyclically Adjusted PB Ratio of 83.23 is 4234.9% 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 Sejahteraraya Anugrahjaya Tbk and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Sejahteraraya Anugrahjaya Tbk's current Cyclically Adjusted PB Ratio is 83.23, which is 2096% above median its own 10-year median of 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sejahteraraya Anugrahjaya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp3,216.47, compared to a current price of Rp14,050.00 — trading 336.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 83.23, which is 2096% above median its 10-year median of 3.79 and 4234.9% above the Healthcare Providers & Services industry median of 1.92. PT Sejahteraraya Anugrahjaya Tbk's overall GF Score™ is 64/100 with 2 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 Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ), the current Cyclically Adjusted PB Ratio is 83.23 as of Sep. 02, 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 Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ) Overvalued in 2026?

Based on GuruFocus' analysis, PT Sejahteraraya Anugrahjaya Tbk stock appears to be overvalued. The current stock price of Rp14,050.00 is trading 336.8% above its estimated GF Value™ of Rp3,216.47. GuruFocus considers PT Sejahteraraya Anugrahjaya Tbk to be Significantly Overvalued.

Key valuation signals for ISX:SRAJ:

  • Cyclically Adjusted PB Ratio: 83.23 (2096% above median its 10-year median of 3.79)
  • GF Value™: Rp3,216.47 vs. price of Rp14,050.00 (336.8% above fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 4234.9% above the Healthcare Providers & Services median (#329 of 331)

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


PT Sejahteraraya Anugrahjaya Tbk Business Description

Address Jalan Honoris Raya Kav. 6, Kota Modern (Modernland), Kelapa Indah, Banten, Tangerang, IDN, 15117
PT Sejahteraraya Anugrahjaya Tbk operates hospitals and offers health care services. The company provides healthcare services encompassing medical services, supporting medical services, outpatient care, inpatient care, and emergency services. In addition, the company also delivers hospital management and operational services. It classifies its revenues into two main business activities, namely inpatient services and outpatient services. The majority of revenue is derived from the inpatient services business. The company is divided into four geographical areas: namely DKI Jakarta, Banten, West Java, and East Java.
64GF Score

Get the complete analysis for ISX:SRAJ

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

Rp14,050.00
Price
Rp3,216.47
GF Value