PT Asahimas Flat Glass Tbk (ISX:AMFG) PB Ratio: 0.28 (As of Jul. 15, 2026) — 51% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

ISX:AMFG PT Asahimas Flat Glass Tbk ISX:AMFG
63 GF Score
Price Rp3,060.00
GF Value Rp4,168.01
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is PT Asahimas Flat Glass Tbk PB Ratio?

PT Asahimas Flat Glass Tbk ISX:AMFG -0.97% 63 PB Ratio is 0.28 as of Jul. 15, 2026, which is 51% below its 10-year median of 0.57. GuruFocus rates ISX:AMFG with a GF Score™ of 63/100 and a GF Value™ of Rp4,168.01 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 398 Building Materials companies, PT Asahimas Flat Glass Tbk ranks better than 93.47% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-15), PT Asahimas Flat Glass Tbk's share price is Rp3060.00. PT Asahimas Flat Glass Tbk's Book Value per Share for the quarter that ended in Mar. 2026 was Rp10,780.47. Hence, PT Asahimas Flat Glass Tbk's PB Ratio of today is 0.28.

Good Sign:

PT Asahimas Flat Glass Tbk stock PB Ratio (=0.28) is close to 10-year low of 0.27.

The historical rank and industry rank for PT Asahimas Flat Glass Tbk's PB Ratio or its related term are showing as below:

ISX:AMFG' s PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.57   Max: 0.99
Current: 0.28

During the past 13 years, PT Asahimas Flat Glass Tbk's highest PB Ratio was 0.99. The lowest was 0.27. And the median was 0.57.

ISX:AMFG's PB Ratio is ranked better than
93.47% of 398 companies
in the Building Materials industry
Industry Median: 1.17 vs ISX:AMFG: 0.28

During the past 12 months, PT Asahimas Flat Glass Tbk's average Book Value Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PT Asahimas Flat Glass Tbk was 17.10% per year. The lowest was -6.20% per year. And the median was 9.05% per year.

Back to Basics: PB Ratio


PT Asahimas Flat Glass Tbk  (ISX:AMFG) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


PT Asahimas Flat Glass Tbk PB Ratio Related Terms


PT Asahimas Flat Glass Tbk PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Asahimas Flat Glass Tbk's 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 Asahimas Flat Glass Tbk PB Ratio Chart

PT Asahimas Flat Glass Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.65 0.60 0.41 0.31

PT Asahimas Flat Glass Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.33 0.34 0.32 0.31 0.30

ISX:AMFG vs CRH, VMC, MLM: PB Ratio Comparison

For the Building Materials subindustry, PT Asahimas Flat Glass Tbk's PB Ratio, along with its competitors' market caps and 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 Asahimas Flat Glass Tbk PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Asahimas Flat Glass Tbk's PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Asahimas Flat Glass Tbk's PB Ratio falls into.


ISX:AMFG
63GF Score
PT Asahimas Flat Glass Tbk ISX:AMFG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Asahimas Flat Glass Tbk PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

PT Asahimas Flat Glass Tbk's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3060.00/10780.465
=0.28

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.28 mean?
PT Asahimas Flat Glass Tbk (ISX:AMFG) has a PB Ratio of 0.28 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PT Asahimas Flat Glass Tbk and its competitors. This is 51% below median its historical median of 0.57. Over the past decade, PT Asahimas Flat Glass Tbk's PB Ratio has ranged from 0.27 to 0.99. According to the industry distribution chart, PT Asahimas Flat Glass Tbk ranks #26 out of 398 companies in the Building Materials industry, placing it in the top 6.5%.
Is PT Asahimas Flat Glass Tbk's PB Ratio too high?
PT Asahimas Flat Glass Tbk's current PB Ratio of 0.28 is 51% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.99. The Building Materials industry median PB Ratio is 1.17. PT Asahimas Flat Glass Tbk's value of 0.28 is 76.1% below this industry median. Based on the distribution chart, PT Asahimas Flat Glass Tbk ranks #26 out of 398 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, PT Asahimas Flat Glass Tbk has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Asahimas Flat Glass Tbk's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, PT Asahimas Flat Glass Tbk ranks #26 out of 398 companies for PB Ratio. This places PT Asahimas Flat Glass Tbk in the top 7% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.17. PT Asahimas Flat Glass Tbk's value of 0.28 is 76.1% below this benchmark. Historically, PT Asahimas Flat Glass Tbk's own PB Ratio has ranged from 0.27 to 0.99 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.17, PT Asahimas Flat Glass 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 PB Ratio for a Building Materials company?
The median PB Ratio among Building Materials companies is 1.17, based on 398 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Asahimas Flat Glass Tbk's current PB Ratio of 0.28 is 76.1% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PT Asahimas Flat Glass Tbk and its competitors. For the Building Materials industry, the median PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Asahimas Flat Glass Tbk's current PB Ratio is 0.28, which is 51% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asahimas Flat Glass Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Asahimas Flat Glass Tbk (ISX:AMFG) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp4,168.01, compared to a current price of Rp3,060.00 — trading 26.6% below its estimated fair value. The current PB Ratio is 0.28, which is 51% below median its 10-year median of 0.57 and 76.1% below the Building Materials industry median of 1.17. PT Asahimas Flat Glass Tbk's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For PT Asahimas Flat Glass Tbk (ISX:AMFG), the current PB Ratio is 0.28 as of Jul. 15, 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 Asahimas Flat Glass Tbk (ISX:AMFG) Overvalued in 2026?

Based on GuruFocus' analysis, PT Asahimas Flat Glass Tbk stock appears to be undervalued. The current stock price of Rp3,060.00 is trading 26.6% below its estimated GF Value™ of Rp4,168.01. GuruFocus considers PT Asahimas Flat Glass Tbk to be Modestly Undervalued.

Key valuation signals for ISX:AMFG:

  • PB Ratio: 0.28 (51% below median its 10-year median of 0.57)
  • GF Value™: Rp4,168.01 vs. price of Rp3,060.00 (26.6% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 76.1% below the Building Materials median (#26 of 398)

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


PT Asahimas Flat Glass Tbk Business Description

Address Jalan Ancol IX No. 5, Ancol Barat, North Jakarta, IDN, 14430
PT Asahimas Flat Glass Tbk is a glass manufacturing company. The company is also engaged in import export and glass quality testing laboratory services. The company operates in two segments namely flat glass and automotive glass. Its portfolio of the company consists of various glasses such as tinted glass, figured glass, reflective glass, mirror glass, tempered glass, and laminated glass. Its business activity of the organization functions in the geographical areas of Indonesia which include Jakarta, Cikampek, and Sidoarjo. It generates revenue through the sale of glass products.
63GF Score

Get the complete analysis for ISX:AMFG

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

Rp3,060.00
Price
Rp4,168.01
GF Value