PTratoga Investama Sedaya Tbk (ISX:SRTG) Cyclically Adjusted PB Ratio: 0.57 (As of Sep. 04, 2026) — 17% Below Median

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ISX:SRTG PT Saratoga Investama Sedaya Tbk ISX:SRTG
43 GF Score
Price Rp1,795.00
! 10 Warning Signs
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What is PTratoga Investama Sedaya Tbk Cyclically Adjusted PB Ratio?

PTratoga Investama Sedaya Tbk ISX:SRTG -0.55% 43 Cyclically Adjusted PB Ratio is 0.57 as of Sep. 04, 2026, which is 17% below its 10-year median of 0.69. GuruFocus rates ISX:SRTG with a GF Score™ of 43/100. The stock has 10 warning signs investors should review. Among 972 Asset Management companies, PTratoga Investama Sedaya Tbk ranks better than 72.12% on this metric.

As of today (2026-09-04), PTratoga Investama Sedaya Tbk's current share price is Rp1795.00. PTratoga Investama Sedaya Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp3,128.08. PTratoga Investama Sedaya Tbk's Cyclically Adjusted PB Ratio for today is 0.57.

The historical rank and industry rank for PTratoga Investama Sedaya Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:SRTG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.69   Max: 1.46
Current: 0.58

During the past years, PTratoga Investama Sedaya Tbk's highest Cyclically Adjusted PB Ratio was 1.46. The lowest was 0.45. And the median was 0.69.

ISX:SRTG's Cyclically Adjusted PB Ratio is ranked better than
72.12% of 972 companies
in the Asset Management industry
Industry Median: 0.85 vs ISX:SRTG: 0.58

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.

PTratoga Investama Sedaya Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp3,960.793. 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 Rp3,128.08 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PTratoga Investama Sedaya Tbk  (ISX:SRTG) 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.


PTratoga Investama Sedaya Tbk Cyclically Adjusted PB Ratio Related Terms


PTratoga Investama Sedaya Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PTratoga Investama Sedaya 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.

PTratoga Investama Sedaya Tbk Cyclically Adjusted PB Ratio Chart

PTratoga Investama Sedaya 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 1.24 0.72 0.81 0.54

PTratoga Investama Sedaya 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 0.59 0.63 0.54 0.57 0.51

ISX:SRTG vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, PTratoga Investama Sedaya 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.


PTratoga Investama Sedaya Tbk Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PTratoga Investama Sedaya Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PTratoga Investama Sedaya Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:SRTG
43GF Score
PT Saratoga Investama Sedaya Tbk ISX:SRTG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PTratoga Investama Sedaya 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.

PTratoga Investama Sedaya Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1795.00/3128.08
=0.57

* 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.

PTratoga Investama Sedaya Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PTratoga Investama Sedaya 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)
=3960.793/137.6954*137.6954
=3,960.793

Current CPI (Jun. 2026) = 137.6954.

PTratoga Investama Sedaya Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,365.686 104.142 1,805.688
201612 1,400.796 105.222 1,833.109
201703 1,509.986 106.476 1,952.725
201706 1,585.825 107.722 2,027.087
201709 1,627.151 108.020 2,074.156
201712 1,625.047 109.017 2,052.540
201803 1,601.472 110.097 2,002.928
201806 1,514.302 111.085 1,877.058
201809 1,539.649 111.135 1,907.622
201812 1,154.512 112.430 1,413.957
201903 1,237.772 112.829 1,510.571
201906 1,367.002 114.730 1,640.631
201909 1,650.094 114.905 1,977.383
201912 1,676.291 115.486 1,998.664
202003 1,233.927 116.252 1,461.529
202006 1,513.092 116.630 1,786.386
202009 1,762.937 116.397 2,085.528
202012 2,329.527 117.318 2,734.149
202103 2,415.670 117.840 2,822.702
202106 3,442.416 118.184 4,010.740
202109 3,346.380 118.262 3,896.284
202112 4,148.525 119.516 4,779.547
202203 4,410.503 120.948 5,021.207
202206 4,331.947 123.322 4,836.827
202209 4,618.989 125.298 5,075.991
202212 4,425.282 126.098 4,832.293
202303 4,100.637 126.953 4,447.639
202306 3,447.262 127.663 3,718.168
202309 3,563.363 128.151 3,828.742
202312 3,598.318 129.395 3,829.151
202403 3,408.667 130.607 3,593.665
202406 3,545.420 130.792 3,732.564
202409 3,958.330 130.361 4,181.038
202412 3,820.443 131.432 4,002.522
202503 3,372.878 131.948 3,519.783
202506 3,828.664 133.241 3,956.673
202509 3,626.234 133.819 3,731.277
202512 4,346.217 135.271 4,424.109
202603 4,739.815 136.539 4,779.969
202606 3,960.793 137.695 3,960.793

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 0.57 mean?
PTratoga Investama Sedaya Tbk (ISX:SRTG) has a Cyclically Adjusted PB Ratio of 0.57 as of Sep. 04, 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 PTratoga Investama Sedaya Tbk and its competitors. This is 17% below median its historical median of 0.69. Over the past decade, PTratoga Investama Sedaya Tbk's Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.46. According to the industry distribution chart, PTratoga Investama Sedaya Tbk ranks #271 out of 972 companies in the Asset Management industry, placing it in the top 27.9%.
Is PTratoga Investama Sedaya Tbk's Cyclically Adjusted PB Ratio too high?
PTratoga Investama Sedaya Tbk's current Cyclically Adjusted PB Ratio of 0.57 is 17% below median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.46. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. PTratoga Investama Sedaya Tbk's value of 0.57 is 32.9% below this industry median. Based on the distribution chart, PTratoga Investama Sedaya Tbk ranks #271 out of 972 companies in the Asset Management industry, which is above the industry midpoint. Overall, PTratoga Investama Sedaya Tbk has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does PTratoga Investama Sedaya Tbk's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, PTratoga Investama Sedaya Tbk ranks #271 out of 972 companies for Cyclically Adjusted PB Ratio. This puts PTratoga Investama Sedaya Tbk in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. PTratoga Investama Sedaya Tbk's value of 0.57 is 32.9% below this benchmark. Historically, PTratoga Investama Sedaya Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.46 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.85, PTratoga Investama Sedaya 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 972 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. PTratoga Investama Sedaya Tbk's current Cyclically Adjusted PB Ratio of 0.57 is 32.9% 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 PTratoga Investama Sedaya Tbk and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTratoga Investama Sedaya Tbk's current Cyclically Adjusted PB Ratio is 0.57, which is 17% below median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTratoga Investama Sedaya Tbk stock overvalued right now?
PTratoga Investama Sedaya Tbk (ISX:SRTG) has a current Cyclically Adjusted PB Ratio of 0.57. The current Cyclically Adjusted PB Ratio is 0.57, which is 17% below median its 10-year median of 0.69 and 32.9% below the Asset Management industry median of 0.85. PTratoga Investama Sedaya Tbk's overall GF Score™ is 43/100 with 10 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 PTratoga Investama Sedaya Tbk (ISX:SRTG), the current Cyclically Adjusted PB Ratio is 0.57 as of Sep. 04, 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.

PTratoga Investama Sedaya Tbk Business Description

Address Jalan. H.R. Rasuna Said Block X-5 Kav. 1-2, Menara Karya, 15th Floor, Selatan Jakarta, Jakarta, IDN, 12950
PT Saratoga Investama Sedaya Tbk is an active investment company in Indonesia. The company invests in three sectors: consumer, digital infrastructure, and renewable energy resources. Its segments include: Blue Chip companies, Digital technology companies; Growth focused companies and Others. The company invests in the growing energy sector, precious metals, technology infrastructure, healthcare products and services, specialty logistics and distribution, and the digital space.
43GF Score

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

Rp1,795.00
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