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PT Argo Pantes TbkISX:ARGO +0.43%46 PB Ratio is 19.40 as of Jul. 29, 2026, which is 12% below its 10-year median of 22.14. GuruFocus rates ISX:ARGO with a GF Score™ of 46/100 and a GF Value™ of Rp680.32 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,004 Manufacturing - Apparel & Accessories companies, PT Argo Pantes Tbk ranks worse than 98.41% on this metric.
During the past 12 months, PT Argo Pantes Tbk's average Book Value Per Share Growth Rate was 69.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PT Argo Pantes Tbk was 85.60% per year. The lowest was -56.10% per year. And the median was -12.45% per year.
Back to Basics: PB Ratio
PT Argo Pantes Tbk (ISX:ARGO) PB Ratio Explanation
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 Argo Pantes Tbk PB Ratio Related Terms
PT Argo Pantes Tbk PB Ratio Historical Data
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The historical data trend for PT Argo Pantes 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.
For the Textile Manufacturing subindustry, PT Argo Pantes 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 Argo Pantes Tbk PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Argo Pantes Tbk's PB Ratio distribution charts can be found below:
* The bar in red indicates where PT Argo Pantes Tbk's PB Ratio falls into.
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.
* 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.
PT Argo Pantes Tbk (ISX:ARGO) has a PB Ratio of 19.40 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PT Argo Pantes Tbk and its competitors. This is 12% below median its historical median of 22.14. Over the past decade, PT Argo Pantes Tbk's PB Ratio has ranged from 12.49 to 46.04. According to the industry distribution chart, PT Argo Pantes Tbk ranks #988 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 98.4%.
Is PT Argo Pantes Tbk's PB Ratio too high?
PT Argo Pantes Tbk's current PB Ratio of 19.40 is 12% below median its 10-year median of 22.14. Over the past 10 years, this metric has ranged from a low of 12.49 to a high of 46.04. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.07. PT Argo Pantes Tbk's value of 19.40 is 1713.1% above this industry median. Based on the distribution chart, PT Argo Pantes Tbk ranks #988 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, PT Argo Pantes Tbk has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Argo Pantes Tbk's PB Ratio compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Argo Pantes Tbk ranks #988 out of 1004 companies for PB Ratio. This places PT Argo Pantes Tbk in the lower half of its industry. The industry median PB Ratio is 1.07. PT Argo Pantes Tbk's value of 19.40 is 1713.1% above this benchmark. Historically, PT Argo Pantes Tbk's own PB Ratio has ranged from 12.49 to 46.04 over the past decade. While the company's 10-year median is 22.14 vs. the industry median of 1.07, PT Argo Pantes Tbk has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.07, based on 1,004 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 Argo Pantes Tbk's current PB Ratio of 19.40 is 1713.1% above 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 Argo Pantes Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Argo Pantes Tbk's current PB Ratio is 19.40, which is 12% below median its own 10-year median of 22.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Argo Pantes Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Argo Pantes Tbk (ISX:ARGO) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp680.32, compared to a current price of Rp1,165.00 — trading 71.2% above its estimated fair value. The current PB Ratio is 19.40, which is 12% below median its 10-year median of 22.14 and 1713.1% above the Manufacturing - Apparel & Accessories industry median of 1.07. PT Argo Pantes Tbk's overall GF Score™ is 46/100 with 6 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 Argo Pantes Tbk (ISX:ARGO), the current PB Ratio is 19.40 as of Jul. 29, 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 Argo Pantes Tbk (ISX:ARGO) Overvalued in 2026?
Based on GuruFocus' analysis, PT Argo Pantes Tbk stock appears to be overvalued.
The current stock price of Rp1,165.00 is trading 71.2% above its estimated GF Value™ of Rp680.32.
GuruFocus considers PT Argo Pantes Tbk to be Significantly Overvalued.
Key valuation signals for ISX:ARGO:
PB Ratio: 19.40 (12% below median its 10-year median of 22.14)
GF Value™: Rp680.32 vs. price of Rp1,165.00 (71.2% above fair value)
Industry Position: 1713.1% above the Manufacturing - Apparel & Accessories median (#988 of 1004)
No single metric tells the full story. See the ISX:ARGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Argo Pantes Tbk operates in the textile industry. The company is engaged in the production and sale of finished fabric, knitwear, and garments. The company has two operating segments, which include the textile industry and the rental, of which the majority of the revenue derives from the leasing of warehouse facilities located in strategic industrial and commercial hubs in Tangerang and Bekasi. The Company's revenue from its warehouse business is categorized into four segments: (1) cooperation income, (2) rent income, (3) energy, and (4) local.
46GF Score
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