PT Tigaraksatria Tbk (ISX:TGKA) Cyclically Adjusted PB Ratio: 2.38 (As of Jul. 31, 2026) — 39% Below Median

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ISX:TGKA PT Tigaraksa Satria Tbk ISX:TGKA
67 GF Score
Price Rp4,810.00
GF Value Rp6,434.42
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is PT Tigaraksatria Tbk Cyclically Adjusted PB Ratio?

PT Tigaraksatria Tbk ISX:TGKA +0.21% 67 Cyclically Adjusted PB Ratio is 2.38 as of Jul. 31, 2026, which is 39% below its 10-year median of 3.87. GuruFocus rates ISX:TGKA with a GF Score™ of 67/100 and a GF Value™ of Rp6,434.42 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 231 Retail - Defensive companies, PT Tigaraksatria Tbk ranks worse than 63.64% on this metric.

As of today (2026-07-31), PT Tigaraksatria Tbk's current share price is Rp4810.00. PT Tigaraksatria Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp2,016.94. PT Tigaraksatria Tbk's Cyclically Adjusted PB Ratio for today is 2.38.

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

ISX:TGKA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.3   Med: 3.87   Max: 4.75
Current: 2.38

During the past years, PT Tigaraksatria Tbk's highest Cyclically Adjusted PB Ratio was 4.75. The lowest was 2.30. And the median was 3.87.

ISX:TGKA's Cyclically Adjusted PB Ratio is ranked worse than
63.64% of 231 companies
in the Retail - Defensive industry
Industry Median: 1.65 vs ISX:TGKA: 2.38

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 Tigaraksatria Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was Rp2,467.744. 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 Rp2,016.94 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Tigaraksatria Tbk  (ISX:TGKA) 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 Tigaraksatria Tbk Cyclically Adjusted PB Ratio Related Terms


PT Tigaraksatria Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Tigaraksatria 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 4.01 3.46 2.58

PT Tigaraksatria 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 3.29 3.03 2.58 2.40 2.31

ISX:TGKA vs SYY, USFD, PFGC: Cyclically Adjusted PB Ratio Comparison

For the Food Distribution subindustry, PT Tigaraksatria 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 Tigaraksatria Tbk Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, PT Tigaraksatria Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:TGKA
67GF Score
PT Tigaraksa Satria Tbk ISX:TGKA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4810.00/2016.94
=2.38

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

For example, PT Tigaraksatria 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)
=2467.744/137.6954*137.6954
=2,467.744

Current CPI (Jun. 2026) = 137.6954.

PT Tigaraksatria Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 964.485 104.142 1,275.226
201612 1,016.418 105.222 1,330.104
201703 1,066.095 106.476 1,378.682
201706 1,012.339 107.722 1,294.026
201709 1,070.042 108.020 1,364.000
201712 1,163.007 109.017 1,468.953
201803 1,230.009 110.097 1,538.347
201806 1,153.722 111.085 1,430.100
201809 1,234.470 111.135 1,529.506
201812 1,347.810 112.430 1,650.693
201903 1,467.824 112.829 1,791.326
201906 1,324.782 114.730 1,589.960
201909 1,390.869 114.905 1,666.741
201912 1,515.513 115.486 1,806.967
202003 1,643.676 116.252 1,946.857
202006 1,485.271 116.630 1,753.540
202009 1,620.801 116.397 1,917.383
202012 1,740.524 117.318 2,042.840
202103 1,890.551 117.840 2,209.102
202106 1,688.279 118.184 1,967.004
202109 1,761.608 118.262 2,051.089
202112 1,916.797 119.516 2,208.356
202203 2,050.458 120.948 2,334.376
202206 1,869.841 123.322 2,087.768
202209 1,971.882 125.298 2,166.980
202212 2,147.942 126.098 2,345.497
202303 2,283.396 126.953 2,476.620
202306 2,080.342 127.663 2,243.827
202309 2,199.066 128.151 2,362.840
202312 2,277.690 129.395 2,423.804
202403 2,407.183 130.607 2,537.827
202406 2,194.740 130.792 2,310.589
202409 2,277.880 130.361 2,406.040
202412 2,418.993 131.432 2,534.280
202503 2,531.759 131.948 2,642.030
202506 2,320.520 133.241 2,398.105
202509 2,401.453 133.819 2,471.017
202512 2,534.355 135.271 2,579.775
202603 2,655.131 136.539 2,677.624
202606 2,467.744 137.695 2,467.744

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 2.38 mean?
PT Tigaraksatria Tbk (ISX:TGKA) has a Cyclically Adjusted PB Ratio of 2.38 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 Tigaraksatria Tbk and its competitors. This is 39% below median its historical median of 3.87. Over the past decade, PT Tigaraksatria Tbk's Cyclically Adjusted PB Ratio has ranged from 2.30 to 4.75. According to the industry distribution chart, PT Tigaraksatria Tbk ranks #147 out of 231 companies in the Retail - Defensive industry, placing it in the top 63.6%.
Is PT Tigaraksatria Tbk's Cyclically Adjusted PB Ratio too high?
PT Tigaraksatria Tbk's current Cyclically Adjusted PB Ratio of 2.38 is 39% below median its 10-year median of 3.87. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 4.75. The Retail - Defensive industry median Cyclically Adjusted PB Ratio is 1.65. PT Tigaraksatria Tbk's value of 2.38 is 44.2% above this industry median. Based on the distribution chart, PT Tigaraksatria Tbk ranks #147 out of 231 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, PT Tigaraksatria Tbk has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Tigaraksatria Tbk's Cyclically Adjusted PB Ratio compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, PT Tigaraksatria Tbk ranks #147 out of 231 companies for Cyclically Adjusted PB Ratio. This places PT Tigaraksatria Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. PT Tigaraksatria Tbk's value of 2.38 is 44.2% above this benchmark. Historically, PT Tigaraksatria Tbk's own Cyclically Adjusted PB Ratio has ranged from 2.30 to 4.75 over the past decade. While the company's 10-year median is 3.87 vs. the industry median of 1.65, PT Tigaraksatria 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 Retail - Defensive company?
The median Cyclically Adjusted PB Ratio among Retail - Defensive companies is 1.65, based on 231 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 Tigaraksatria Tbk's current Cyclically Adjusted PB Ratio of 2.38 is 44.2% 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 Tigaraksatria Tbk and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Tigaraksatria Tbk's current Cyclically Adjusted PB Ratio is 2.38, which is 39% below median its own 10-year median of 3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Tigaraksatria Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Tigaraksatria Tbk (ISX:TGKA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp6,434.42, compared to a current price of Rp4,810.00 — trading 25.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.38, which is 39% below median its 10-year median of 3.87 and 44.2% above the Retail - Defensive industry median of 1.65. PT Tigaraksatria Tbk's overall GF Score™ is 67/100 with 4 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 Tigaraksatria Tbk (ISX:TGKA), the current Cyclically Adjusted PB Ratio is 2.38 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 Tigaraksatria Tbk (ISX:TGKA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Tigaraksatria Tbk stock appears to be undervalued. The current stock price of Rp4,810.00 is trading 25.2% below its estimated GF Value™ of Rp6,434.42. GuruFocus considers PT Tigaraksatria Tbk to be Modestly Undervalued.

Key valuation signals for ISX:TGKA:

  • Cyclically Adjusted PB Ratio: 2.38 (39% below median its 10-year median of 3.87)
  • GF Value™: Rp6,434.42 vs. price of Rp4,810.00 (25.2% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 44.2% above the Retail - Defensive median (#147 of 231)

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


PT Tigaraksatria Tbk Business Description

Address Jalan Rasuna Said Kav. B-9, Menara Duta, 2nd & 4th Floors, Setiabudi, South Jakarta, Jakarta, IDN, 12910
PT Tigaraksa Satria Tbk is engaged in the business of the sale and distribution of fast-moving consumer products (FMCP). The company operates through three divisions, namely Food & consumer products, Gas (LPG) and other kitchen appliances, and Books. The divisions of the company are involved in the manufacturing and distribution of food and consumer products such as milk and nutritional baby products, gas stoves, gas refill services, blenders, rice cookers, educational and science books, and many more. The majority of its revenue comes from the Food & consumer products segment.
67GF Score

Get the complete analysis for ISX:TGKA

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

Rp4,810.00
Price
Rp6,434.42
GF Value