PT Visi Media Asia Tbk (ISX:VIVA) Cyclically Adjusted PB Ratio: (As of Aug. 16, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:VIVA PT Visi Media Asia Tbk ISX:VIVA
45 GF Score
Price Rp61.00
GF Value Rp22.63
Valuation Significantly Overvalued
! 7 Warning Signs
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What is PT Visi Media Asia Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Visi Media Asia Tbk  (ISX:VIVA) 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 Visi Media Asia Tbk Cyclically Adjusted PB Ratio Related Terms


PT Visi Media Asia Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Visi Media Asia 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 Visi Media Asia Tbk Cyclically Adjusted PB Ratio Chart

PT Visi Media Asia 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 0.49 0.63 1.15 0.00 0.00

PT Visi Media Asia 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 0.00 0.00

ISX:VIVA vs NXST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, PT Visi Media Asia 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 Visi Media Asia Tbk Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Visi Media Asia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:VIVA
45GF Score
PT Visi Media Asia Tbk ISX:VIVA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Visi Media Asia 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 Visi Media Asia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Visi Media Asia 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)
=5.909/136.5387*136.5387
=5.909

Current CPI (Mar. 2026) = 136.5387.

PT Visi Media Asia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 107.845 103.212 142.667
201609 108.295 104.142 141.983
201612 127.528 105.222 165.484
201703 127.289 106.476 163.228
201706 139.130 107.722 176.349
201709 126.701 108.020 160.151
201712 134.023 109.017 167.858
201803 128.339 110.097 159.163
201806 123.134 111.085 151.349
201809 105.236 111.135 129.292
201812 69.110 112.430 83.930
201903 64.265 112.829 77.770
201906 56.235 114.730 66.924
201909 46.578 114.905 55.348
201912 35.465 115.486 41.930
202003 -25.261 116.252 -29.669
202006 -7.935 116.630 -9.290
202009 -30.352 116.397 -35.604
202012 -21.540 117.318 -25.069
202103 -31.033 117.840 -35.957
202106 -28.538 118.184 -32.970
202109 -28.650 118.262 -33.078
202112 -72.535 119.516 -82.866
202203 -85.607 120.948 -96.642
202206 -112.596 123.322 -124.663
202209 -94.617 125.298 -103.105
202212 -133.109 126.098 -144.131
202303 -137.818 126.953 -148.225
202306 -163.779 127.663 -175.166
202309 -186.549 128.151 -198.758
202312 -341.792 129.395 -360.663
202403 -363.168 130.607 -379.662
202406 -384.157 130.792 -401.037
202409 -343.100 130.361 -359.360
202412 -71.831 131.432 -74.622
202503 -79.270 131.948 -82.028
202506 0.629 133.241 0.645
202509 -1.627 133.819 -1.660
202512 -2.607 135.271 -2.631
202603 5.909 136.539 5.909

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.

Is PT Visi Media Asia Tbk (ISX:VIVA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Visi Media Asia Tbk stock appears to be overvalued. The current stock price of Rp61.00 is trading 169.6% above its estimated GF Value™ of Rp22.63. GuruFocus considers PT Visi Media Asia Tbk to be Significantly Overvalued.

Key valuation signals for ISX:VIVA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: Rp22.63 vs. price of Rp61.00 (169.6% above fair value)
  • GF Score™: 45/100 with 7 warning signs

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


PT Visi Media Asia Tbk Business Description

Address Jalan. H.R. Rasuna Said, Karet Kuningan, Kav. B-1, Kuningan, 4th floor, Wisma Bakrie, Setiabudi, Jakarta, IDN, 12920
PT Visi Media Asia Tbk is an integrated, convergent media company. The company delivers news, sports, and lifestyle content through the convergence of broadcast, television, the internet, and mobile platforms. The operating segments of the company are advertisement and non-advertisement. The majority of its revenue is derived from the advertising segment. The company is also engaged in broadcasting industry services on a channel, namely tvOne programs, consisting of news, current affairs, talk shows, documentaries, and sports.
45GF Score

Get the complete analysis for ISX:VIVA

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

Rp61.00
Price
Rp22.63
GF Value