PUTKY (PT United Tractors Tbk) Cyclically Adjusted PB Ratio: 1.22 (As of Jul. 16, 2026) — 23% Below Median

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PUTKY PT United Tractors Tbk PUTKY
87 GF Score
Price $29.89
GF Value $27.85
Valuation Fairly Valued
! 5 Warning Signs
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What is PT United Tractors Tbk Cyclically Adjusted PB Ratio?

PT United Tractors Tbk PUTKY -1.03% 87 Cyclically Adjusted PB Ratio is 1.22 as of Jul. 16, 2026, which is 23% below its 10-year median of 1.59. GuruFocus rates PUTKY with a GF Scoreâ„¢ of 87/100 and a GF Valueâ„¢ of $27.85 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,547 Metals & Mining companies, PT United Tractors Tbk ranks better than 55.07% on this metric.

As of today (2026-07-16), PT United Tractors Tbk's current share price is $29.89. PT United Tractors Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $24.56. PT United Tractors Tbk's Cyclically Adjusted PB Ratio for today is 1.22.

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

PUTKY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.59   Max: 2.72
Current: 1.19

During the past years, PT United Tractors Tbk's highest Cyclically Adjusted PB Ratio was 2.72. The lowest was 1.04. And the median was 1.59.

PUTKY's Cyclically Adjusted PB Ratio is ranked better than
55.07% of 1547 companies
in the Metals & Mining industry
Industry Median: 1.44 vs PUTKY: 1.19

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 United Tractors Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was $32.165. 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 $24.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT United Tractors Tbk  (OTCPK:PUTKY) 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 United Tractors Tbk Cyclically Adjusted PB Ratio Related Terms


PT United Tractors Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT United Tractors 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 1.62 1.69 1.35 1.48 1.48

PT United Tractors 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 1.27 1.13 1.38 1.48 1.51

PT United Tractors Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT United Tractors 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 United Tractors Tbk Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT United Tractors Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


PUTKY
87GF Score
PT United Tractors Tbk PUTKY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT United Tractors 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 United Tractors Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.89/24.56
=1.22

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

For example, PT United Tractors 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)
=32.165/136.5387*136.5387
=32.165

Current CPI (Mar. 2026) = 136.5387.

PT United Tractors Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.260 103.212 20.187
201609 15.742 104.142 20.639
201612 16.328 105.222 21.188
201703 17.011 106.476 21.814
201706 17.243 107.722 21.856
201709 17.731 108.020 22.412
201712 17.944 109.017 22.474
201803 18.874 110.097 23.407
201806 18.865 111.085 23.188
201809 18.722 111.135 23.002
201812 19.893 112.430 24.159
201903 21.220 112.829 25.679
201906 20.596 114.730 24.511
201909 21.225 114.905 25.221
201912 22.272 115.486 26.332
202003 22.180 116.252 26.050
202006 22.141 116.630 25.921
202009 21.933 116.397 25.728
202012 22.807 117.318 26.544
202103 23.804 117.840 27.581
202106 24.152 118.184 27.903
202109 24.863 118.262 28.706
202112 25.654 119.516 29.308
202203 27.469 120.948 31.010
202206 28.400 123.322 31.444
202209 28.394 125.298 30.941
202212 29.870 126.098 32.343
202303 31.746 126.953 34.143
202306 26.466 127.663 28.306
202309 26.796 128.151 28.550
202312 28.129 129.395 29.682
202403 29.884 130.607 31.241
202406 29.087 130.792 30.365
202409 30.742 130.361 32.199
202412 31.919 131.432 33.159
202503 32.556 131.948 33.689
202506 32.350 133.241 33.151
202509 32.378 133.819 33.036
202512 32.761 135.271 33.068
202603 32.165 136.539 32.165

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 1.22 mean?
PT United Tractors Tbk (PUTKY) has a Cyclically Adjusted PB Ratio of 1.22 as of Jul. 16, 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 United Tractors Tbk and its competitors. This is 23% below median its historical median of 1.59. Over the past decade, PT United Tractors Tbk's Cyclically Adjusted PB Ratio has ranged from 1.04 to 2.72. According to the industry distribution chart, PT United Tractors Tbk ranks #695 out of 1547 companies in the Metals & Mining industry, placing it in the top 44.9%.
Is PT United Tractors Tbk's Cyclically Adjusted PB Ratio too high?
PT United Tractors Tbk's current Cyclically Adjusted PB Ratio of 1.22 is 23% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 2.72. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.44. PT United Tractors Tbk's value of 1.22 is 15.3% below this industry median. Based on the distribution chart, PT United Tractors Tbk ranks #695 out of 1547 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, PT United Tractors Tbk has a GF Scoreâ„¢ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT United Tractors Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, PT United Tractors Tbk ranks #695 out of 1547 companies for Cyclically Adjusted PB Ratio. This puts PT United Tractors Tbk in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.44. PT United Tractors Tbk's value of 1.22 is 15.3% below this benchmark. Historically, PT United Tractors Tbk's own Cyclically Adjusted PB Ratio has ranged from 1.04 to 2.72 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.44, PT United Tractors 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.44, based on 1,547 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 United Tractors Tbk's current Cyclically Adjusted PB Ratio of 1.22 is 15.3% 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 United Tractors Tbk and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT United Tractors Tbk's current Cyclically Adjusted PB Ratio is 1.22, which is 23% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT United Tractors Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT United Tractors Tbk (PUTKY) is currently considered Fairly Valued. The stock's GF Value™ is $27.85, compared to a current price of $29.89 — trading 7.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.22, which is 23% below median its 10-year median of 1.59 and 15.3% below the Metals & Mining industry median of 1.44. PT United Tractors Tbk's overall GF Score™ is 87/100 with 5 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 United Tractors Tbk (PUTKY), the current Cyclically Adjusted PB Ratio is 1.22 as of Jul. 16, 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 United Tractors Tbk (PUTKY) Overvalued in 2026?

Based on GuruFocus' analysis, PT United Tractors Tbk stock appears to be overvalued. The current stock price of $29.89 is trading 7.3% above its estimated GF Value™ of $27.85. GuruFocus considers PT United Tractors Tbk to be Fairly Valued.

Key valuation signals for PUTKY:

  • Cyclically Adjusted PB Ratio: 1.22 (23% below median its 10-year median of 1.59)
  • GF Value™: $27.85 vs. price of $29.89 (7.3% above fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 15.3% below the Metals & Mining median (#695 of 1547)

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


PT United Tractors Tbk Business Description

Address Jalan Raya Bekasi Km. 22, Cakung, Jakarta Timur, Jakarta, IDN, 13910
PT United Tractors Tbk is the sole distributor of Komatsu heavy equipment in Indonesia. The Company provides a range of complementary products such as Tadano cranes, Bomag vibratory rollers, Scania buses and trucks, and UD Trucks. Through its subsidiaries, the Company provides engineering and manufacturing services for heavy equipment components, engine reconditioning, and the sale and leasing of tractors, generators, mini excavators, forklifts, and commodity parts. The Group operates through segments including Construction Machinery (sales, rental, and after-sales services), Mining Contracting (which generates maximum revenue), Thermal and Metallurgical Coal, Gold, and Other Mineral Mining, as well as other segments focused on construction services, energy, and related activities.
87GF Score

Get the complete analysis for PUTKY

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

$29.89
Price
$27.85
GF Value