PT Indo Acidatama Tbk (ISX:SRSN) Cyclically Adjusted PB Ratio: 0.60 (As of Jul. 31, 2026) — Near Median

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ISX:SRSN PT Indo Acidatama Tbk ISX:SRSN
87 GF Score
Price Rp66.00
GF Value Rp60.09
Valuation Fairly Valued
! 3 Warning Signs
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What is PT Indo Acidatama Tbk Cyclically Adjusted PB Ratio?

PT Indo Acidatama Tbk ISX:SRSN +8.20% 87 Cyclically Adjusted PB Ratio is 0.60 as of Jul. 31, 2026, which is 2% below its 10-year median of 0.61. GuruFocus rates ISX:SRSN with a GF Score™ of 87/100 and a GF Value™ of Rp60.09 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,254 Chemicals companies, PT Indo Acidatama Tbk ranks better than 84.13% on this metric.

As of today (2026-07-31), PT Indo Acidatama Tbk's current share price is Rp66.00. PT Indo Acidatama Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp109.48. PT Indo Acidatama Tbk's Cyclically Adjusted PB Ratio for today is 0.60.

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

ISX:SRSN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.61   Max: 0.91
Current: 0.61

During the past years, PT Indo Acidatama Tbk's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.49. And the median was 0.61.

ISX:SRSN's Cyclically Adjusted PB Ratio is ranked better than
84.13% of 1254 companies
in the Chemicals industry
Industry Median: 1.63 vs ISX:SRSN: 0.61

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 Indo Acidatama Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp139.323. 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 Rp109.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indo Acidatama Tbk  (ISX:SRSN) 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 Indo Acidatama Tbk Cyclically Adjusted PB Ratio Related Terms


PT Indo Acidatama Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Indo Acidatama 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 Indo Acidatama Tbk Cyclically Adjusted PB Ratio Chart

PT Indo Acidatama 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 0.71 0.61 0.73 0.51 0.57

PT Indo Acidatama 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 0.50 0.49 0.65 0.57 0.58

ISX:SRSN vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, PT Indo Acidatama 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 Indo Acidatama Tbk Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Indo Acidatama Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:SRSN
87GF Score
PT Indo Acidatama Tbk ISX:SRSN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Indo Acidatama 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 Indo Acidatama Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=66.00/109.48
=0.60

* 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 Indo Acidatama Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Indo Acidatama 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)
=139.323/136.5387*136.5387
=139.323

Current CPI (Mar. 2026) = 136.5387.

PT Indo Acidatama Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 59.036 103.212 78.098
201609 58.662 104.142 76.910
201612 66.786 105.222 86.663
201703 66.714 106.476 85.550
201706 67.193 107.722 85.168
201709 68.459 108.020 86.533
201712 69.021 109.017 86.446
201803 0.000 110.097 0.000
201806 0.000 111.085 0.000
201809 74.345 111.135 91.339
201812 79.367 112.430 96.386
201903 81.644 112.829 98.801
201906 81.706 114.730 97.237
201909 83.787 114.905 99.562
201912 85.482 115.486 101.065
202003 87.773 116.252 103.090
202006 88.779 116.630 103.934
202009 88.216 116.397 103.482
202012 97.656 117.318 113.655
202103 98.142 117.840 113.715
202106 98.360 118.184 113.636
202109 99.257 118.262 114.597
202112 101.031 119.516 115.421
202203 100.344 120.948 113.279
202206 100.572 123.322 111.350
202209 101.846 125.298 110.982
202212 109.359 126.098 118.414
202303 110.286 126.953 118.614
202306 111.327 127.663 119.067
202309 116.233 128.151 123.840
202312 118.038 129.395 124.555
202403 119.498 130.607 124.925
202406 120.653 130.792 125.955
202409 120.302 130.361 126.003
202412 122.684 131.432 127.451
202503 124.301 131.948 128.625
202506 125.801 133.241 128.915
202509 129.221 133.819 131.847
202512 134.521 135.271 135.782
202603 139.323 136.539 139.323

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 0.60 mean?
PT Indo Acidatama Tbk (ISX:SRSN) has a Cyclically Adjusted PB Ratio of 0.60 as of Jul. 31, 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 Indo Acidatama Tbk and its competitors. This is near median its historical median of 0.61. Over the past decade, PT Indo Acidatama Tbk's Cyclically Adjusted PB Ratio has ranged from 0.49 to 0.91. According to the industry distribution chart, PT Indo Acidatama Tbk ranks #199 out of 1254 companies in the Chemicals industry, placing it in the top 15.9%.
Is PT Indo Acidatama Tbk's Cyclically Adjusted PB Ratio too high?
PT Indo Acidatama Tbk's current Cyclically Adjusted PB Ratio of 0.60 is near median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.91. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.63. PT Indo Acidatama Tbk's value of 0.60 is 63.2% below this industry median. Based on the distribution chart, PT Indo Acidatama Tbk ranks #199 out of 1254 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, PT Indo Acidatama Tbk has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indo Acidatama Tbk's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, PT Indo Acidatama Tbk ranks #199 out of 1254 companies for Cyclically Adjusted PB Ratio. This places PT Indo Acidatama Tbk in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.63. PT Indo Acidatama Tbk's value of 0.60 is 63.2% below this benchmark. Historically, PT Indo Acidatama Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 0.91 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.63, PT Indo Acidatama 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.63, based on 1,254 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 Indo Acidatama Tbk's current Cyclically Adjusted PB Ratio of 0.60 is 63.2% 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 Indo Acidatama Tbk and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indo Acidatama Tbk's current Cyclically Adjusted PB Ratio is 0.60, which is near median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo Acidatama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo Acidatama Tbk (ISX:SRSN) is currently considered Fairly Valued. The stock's GF Value™ is Rp60.09, compared to a current price of Rp66.00 — trading 9.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.60, which is near median its 10-year median of 0.61 and 63.2% below the Chemicals industry median of 1.63. PT Indo Acidatama Tbk's overall GF Score™ is 87/100 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 Indo Acidatama Tbk (ISX:SRSN), the current Cyclically Adjusted PB Ratio is 0.60 as of Jul. 31, 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 Indo Acidatama Tbk (ISX:SRSN) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo Acidatama Tbk stock appears to be overvalued. The current stock price of Rp66.00 is trading 9.8% above its estimated GF Value™ of Rp60.09. GuruFocus considers PT Indo Acidatama Tbk to be Fairly Valued.

Key valuation signals for ISX:SRSN:

  • Cyclically Adjusted PB Ratio: 0.60 (near median its 10-year median of 0.61)
  • GF Value™: Rp60.09 vs. price of Rp66.00 (9.8% above fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 63.2% below the Chemicals median (#199 of 1254)

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


PT Indo Acidatama Tbk Business Description

Address Jalan Raya Perjuangan 88, Graha Kencana, 9th Floor-Suite A, Jakarta Barat, Jakarta, IDN, 11530
PT Indo Acidatama Tbk is an Indonesian-based company engaged in manufacturing ethanol. The company produces acetic acid, ethyl acetate, bio-organic fertilizers, methylated spirit, and carbonic acid gas. It operates business activity in segments such as Ethanol, Acetic Acid, and Others. The fertilizers of the company are marketed under the brand names Pomi, Randex, Beka, and Alfinas. The company earns the majority of its revenue from the Ethanol segment.
87GF Score

Get the complete analysis for ISX:SRSN

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

Rp66.00
Price
Rp60.09
GF Value