PT Modernland Realty Tbk (STU:M4L1) Cyclically Adjusted PB Ratio: 0.15 (As of Sep. 08, 2026) — 36% Above Median

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STU:M4L1 PT Modernland Realty Tbk STU:M4L1
43 GF Score
Price €0.00
! 8 Warning Signs
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What is PT Modernland Realty Tbk Cyclically Adjusted PB Ratio?

PT Modernland Realty Tbk STU:M4L1 43 Cyclically Adjusted PB Ratio is 0.15 as of Sep. 08, 2026, which is 36% above its 10-year median of 0.11. GuruFocus rates STU:M4L1 with a GF Score™ of 43/100. The stock has 8 warning signs investors should review. Among 1,305 Real Estate companies, PT Modernland Realty Tbk ranks better than 89.81% on this metric.

As of today (2026-09-08), PT Modernland Realty Tbk's current share price is €0.0015. PT Modernland Realty Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.01. PT Modernland Realty Tbk's Cyclically Adjusted PB Ratio for today is 0.15.

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

STU:M4L1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.11   Max: 0.25
Current: 0.1

During the past years, PT Modernland Realty Tbk's highest Cyclically Adjusted PB Ratio was 0.25. The lowest was 0.09. And the median was 0.11.

STU:M4L1's Cyclically Adjusted PB Ratio is ranked better than
89.81% of 1305 companies
in the Real Estate industry
Industry Median: 0.67 vs STU:M4L1: 0.10

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 Modernland Realty Tbk's adjusted book value per share data for the three months ended in Jun. 2026 was €0.013. 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 €0.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Modernland Realty Tbk  (STU:M4L1) 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 Modernland Realty Tbk Cyclically Adjusted PB Ratio Related Terms


PT Modernland Realty Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Modernland Realty 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 0.15 0.16 0.12 0.10 0.12

PT Modernland Realty 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 0.10 0.13 0.12 0.11 0.10

PT Modernland Realty Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, PT Modernland Realty 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 Modernland Realty Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Modernland Realty Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:M4L1
43GF Score
PT Modernland Realty Tbk STU:M4L1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Modernland Realty 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 Modernland Realty Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0015/0.01
=0.15

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

For example, PT Modernland Realty 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)
=0.013/137.6954*137.6954
=0.013

Current CPI (Jun. 2026) = 137.6954.

PT Modernland Realty Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.033 104.142 0.044
201612 0.037 105.222 0.048
201703 0.038 106.476 0.049
201706 0.036 107.722 0.046
201709 0.034 108.020 0.043
201712 0.035 109.017 0.044
201803 0.034 110.097 0.043
201806 0.035 111.085 0.043
201809 0.034 111.135 0.042
201812 0.031 112.430 0.038
201903 0.039 112.829 0.048
201906 0.036 114.730 0.043
201909 0.038 114.905 0.046
201912 0.032 115.486 0.038
202003 0.035 116.252 0.041
202006 0.036 116.630 0.043
202009 0.028 116.397 0.033
202012 0.020 117.318 0.023
202103 0.019 117.840 0.022
202106 0.018 118.184 0.021
202109 0.019 118.262 0.022
202112 0.022 119.516 0.025
202203 0.022 120.948 0.025
202206 0.024 123.322 0.027
202209 0.025 125.298 0.027
202212 0.021 126.098 0.023
202303 0.022 126.953 0.024
202306 0.022 127.663 0.024
202309 0.021 128.151 0.023
202312 0.020 129.395 0.021
202403 0.019 130.607 0.020
202406 0.017 130.792 0.018
202409 0.019 130.361 0.020
202412 0.017 131.432 0.018
202503 0.020 131.948 0.021
202506 0.019 133.241 0.020
202509 0.017 133.819 0.017
202512 0.016 135.271 0.016
202603 0.015 136.539 0.015
202606 0.013 137.695 0.013

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 0.15 mean?
PT Modernland Realty Tbk (STU:M4L1) has a Cyclically Adjusted PB Ratio of 0.15 as of Sep. 08, 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 Modernland Realty Tbk and its competitors. This is 36% above median its historical median of 0.11. Over the past decade, PT Modernland Realty Tbk's Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.25. According to the industry distribution chart, PT Modernland Realty Tbk ranks #133 out of 1305 companies in the Real Estate industry, placing it in the top 10.2%.
Is PT Modernland Realty Tbk's Cyclically Adjusted PB Ratio too high?
PT Modernland Realty Tbk's current Cyclically Adjusted PB Ratio of 0.15 is 36% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.25. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. PT Modernland Realty Tbk's value of 0.15 is 77.6% below this industry median. Based on the distribution chart, PT Modernland Realty Tbk ranks #133 out of 1305 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, PT Modernland Realty Tbk has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does PT Modernland Realty Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT Modernland Realty Tbk ranks #133 out of 1305 companies for Cyclically Adjusted PB Ratio. This places PT Modernland Realty Tbk in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.67. PT Modernland Realty Tbk's value of 0.15 is 77.6% below this benchmark. Historically, PT Modernland Realty Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.25 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.67, PT Modernland Realty 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,305 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 Modernland Realty Tbk's current Cyclically Adjusted PB Ratio of 0.15 is 77.6% 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 Modernland Realty Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Modernland Realty Tbk's current Cyclically Adjusted PB Ratio is 0.15, which is 36% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Modernland Realty Tbk stock overvalued right now?
PT Modernland Realty Tbk (STU:M4L1) has a current Cyclically Adjusted PB Ratio of 0.15. The current Cyclically Adjusted PB Ratio is 0.15, which is 36% above median its 10-year median of 0.11 and 77.6% below the Real Estate industry median of 0.67. PT Modernland Realty Tbk's overall GF Score™ is 43/100 with 8 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 Modernland Realty Tbk (STU:M4L1), the current Cyclically Adjusted PB Ratio is 0.15 as of Sep. 08, 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.

PT Modernland Realty Tbk Business Description

Other Exchanges MDLN:Indonesia
Address Jalan Gajah Mada No. 188, RT.3/RW.5, Commercial Area, Lantai 5, Green Central City, Glodok, Kec. Taman, Kota Jakarta Barat, Daerah Khusus Ibukota Jakarta, Jakarta, IDN, 11120
PT Modernland Realty Tbk is an Indonesian company engaged in property development with a portfolio spanning residential, industrial, and hospitality sectors. Its business activities also include the leasing of furnished and unfurnished properties, the development of supporting facilities and infrastructure, such as golf courses and recreational facilities, and building and infrastructure construction services. In addition, the company engages in trading, distribution, and agency activities supporting its property business and asset management services. The company's operating segments based on project location are as follows: Tangerang, Bekasi, Cakung, Serang, and Gajah Mada. The majority of its revenue is derived from the Cakung region.
43GF Score

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

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