PT Indofood Sukses Makmur Tbk (STU:ISM) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

STU:ISM PT Indofood Sukses Makmur Tbk STU:ISM
88 GF Score
Price €0.34
GF Value €0.36
Valuation Fairly Valued
! 3 Warning Signs
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What is PT Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indofood Sukses Makmur Tbk  (STU:ISM) 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 Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio Related Terms


PT Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Indofood Sukses Makmur 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 Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio Chart

PT Indofood Sukses Makmur 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 1.59 1.51 1.33 1.46 1.16

PT Indofood Sukses Makmur 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 1.47 1.28 1.16 1.06 1.08

STU:ISM vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, PT Indofood Sukses Makmur 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 Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:ISM
88GF Score
PT Indofood Sukses Makmur Tbk STU:ISM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indofood Sukses Makmur 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 Indofood Sukses Makmur Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Indofood Sukses Makmur 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)
=0.423/137.6954*137.6954
=0.423

Current CPI (Jun. 2026) = 137.6954.

PT Indofood Sukses Makmur Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.222 104.142 0.294
201612 0.234 105.222 0.306
201703 0.242 106.476 0.313
201706 0.226 107.722 0.289
201709 0.221 108.020 0.282
201712 0.222 109.017 0.280
201803 0.217 110.097 0.271
201806 0.218 111.085 0.270
201809 0.213 111.135 0.264
201812 0.232 112.430 0.284
201903 0.250 112.829 0.305
201906 0.247 114.730 0.296
201909 0.266 114.905 0.319
201912 0.276 115.486 0.329
202003 0.269 116.252 0.319
202006 0.289 116.630 0.341
202009 0.258 116.397 0.305
202012 0.280 117.318 0.329
202103 0.296 117.840 0.346
202106 0.302 118.184 0.352
202109 0.308 118.262 0.359
202112 0.341 119.516 0.393
202203 0.374 120.948 0.426
202206 0.379 123.322 0.423
202209 0.397 125.298 0.436
202212 0.371 126.098 0.405
202303 0.396 126.953 0.430
202306 0.399 127.663 0.430
202309 0.406 128.151 0.436
202312 0.398 129.395 0.424
202403 0.413 130.607 0.435
202406 0.395 130.792 0.416
202409 0.435 130.361 0.459
202412 0.442 131.432 0.463
202503 0.433 131.948 0.452
202506 0.411 133.241 0.425
202509 0.413 133.819 0.425
202512 0.426 135.271 0.434
202603 0.450 136.539 0.454
202606 0.423 137.695 0.423

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 Indofood Sukses Makmur Tbk (STU:ISM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indofood Sukses Makmur Tbk stock appears to be undervalued. The current stock price of €0.34 is trading 5.6% below its estimated GF Value™ of €0.36. GuruFocus considers PT Indofood Sukses Makmur Tbk to be Fairly Valued.

Key valuation signals for STU:ISM:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.36 vs. price of €0.34 (5.6% below fair value)
  • GF Score™: 88/100 with 3 warning signs

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


PT Indofood Sukses Makmur Tbk Business Description

Address Jalan Jend. Sudirman Kav 76-78, Sudirman Plaza, Indofood Tower, 27th Floor, Jakarta, IDN, 12910
PT Indofood Sukses Makmur Tbk is a packaged food company with a diversified portfolio in both raw materials and processed food. It divides operations into the Consumer Branded Products Business Group, Bogasari Business Group, Agribusiness Group, and Distribution Business Group. The Consumer Branded Products Business Group, which generates maximum revenue, produces a varied range of consumer-branded products such as noodles, dairy, snack foods, special foods, food seasonings, and beverages. The Bogasari unit mainly produces wheat flour as well as pasta; and the Agribusiness unit is involved in seed breeding, oil palm cultivation and milling, and the production and marketing of branded cooking oils, margarine, and shortening. Geographically, the Group generates key revenue from Indonesia.
88GF Score

Get the complete analysis for STU:ISM

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

€0.34
Price
€0.36
GF Value