PBMRY (PT Bumi Resources Tbk) Cyclically Adjusted PB Ratio: (As of Jul. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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.

PBMRY PT Bumi Resources Tbk PBMRY
54 GF Score
Price $2.23
GF Value $1.23
Valuation Significantly Overvalued
! 5 Warning Signs
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What is PT Bumi Resources Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bumi Resources Tbk  (OTCPK:PBMRY) 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 Bumi Resources Tbk Cyclically Adjusted PB Ratio Related Terms


PT Bumi Resources Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Bumi Resources 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 0.00 0.00 0.00

PT Bumi Resources 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

PT Bumi Resources Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Thermal Coal subindustry, PT Bumi Resources 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 Bumi Resources Tbk Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bumi Resources Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


PBMRY
54GF Score
PT Bumi Resources Tbk PBMRY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bumi Resources 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 Bumi Resources Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Bumi Resources 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)
=0.878/136.5387*136.5387
=0.878

Current CPI (Mar. 2026) = 136.5387.

PT Bumi Resources Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 -15.512 103.212 -20.521
201609 -15.047 104.142 -19.728
201612 -15.376 105.222 -19.952
201703 -14.547 106.476 -18.654
201706 -17.839 107.722 -22.611
201709 -1.616 108.020 -2.043
201712 -1.342 109.017 -1.681
201803 -1.073 110.097 -1.331
201806 -0.879 111.085 -1.080
201809 -0.649 111.135 -0.797
201812 -0.603 112.430 -0.732
201903 -0.462 112.829 -0.559
201906 -0.365 114.730 -0.434
201909 -0.381 114.905 -0.453
201912 -0.592 115.486 -0.700
202003 -0.677 116.252 -0.795
202006 -0.675 116.630 -0.790
202009 -1.089 116.397 -1.277
202012 -1.755 117.318 -2.043
202103 -1.636 117.840 -1.896
202106 -1.550 118.184 -1.791
202109 -1.386 118.262 -1.600
202112 -1.294 119.516 -1.478
202203 -0.764 120.948 -0.862
202206 -0.514 123.322 -0.569
202209 -0.186 125.298 -0.203
202212 0.850 126.098 0.920
202303 0.858 126.953 0.923
202306 0.869 127.663 0.929
202309 0.857 128.151 0.913
202312 0.831 129.395 0.877
202403 0.867 130.607 0.906
202406 0.876 130.792 0.914
202409 0.896 130.361 0.938
202412 0.867 131.432 0.901
202503 0.876 131.948 0.906
202506 0.842 133.241 0.863
202509 0.842 133.819 0.859
202512 0.870 135.271 0.878
202603 0.878 136.539 0.878

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 Bumi Resources Tbk (PBMRY) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bumi Resources Tbk stock appears to be overvalued. The current stock price of $2.23 is trading 81.3% above its estimated GF Value™ of $1.23. GuruFocus considers PT Bumi Resources Tbk to be Significantly Overvalued.

Key valuation signals for PBMRY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $1.23 vs. price of $2.23 (81.3% above fair value)
  • GF Score™: 54/100 with 5 warning signs

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


PT Bumi Resources Tbk Business Description

Other Exchanges BUMI:IndonesiaPJM:Germany
Address Jalan H.R. Rasuna Said, 12th Floor, Bakrie Tower Building, Komplek Rasuna Epicentrum, Jakarta Selatan, Jakarta, IDN, 12940
PT Bumi Resources Tbk is an Indonesia-based holding company engaged in coal mining. The company's main business segments are holding companies, coal, and minerals. The Holding Company segment includes the company and other holding companies. The Coal segment is engaged in coal mining activities, comprising exploration and exploitation of coal deposits. The Minerals segment includes the activity of gold and silver is under exploration stage. The Coal segment is responsible for generating the majority of the revenue.
54GF Score

Get the complete analysis for PBMRY

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

$2.23
Price
$1.23
GF Value