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ISX:GMTD's PB Ratio is ranked worse than 76.81% of 1712
companies
in the Real Estate industry
Industry Median: 0.82
vs ISX:GMTD: 1.58
During the past 12 months, PT Gowa Makassar Tourism Development Tbk's average Book Value Per Share Growth Rate was 1.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PT Gowa Makassar Tourism Development Tbk was 33.30% per year. The lowest was -10.00% per year. And the median was 11.30% per year.
Back to Basics: PB Ratio
PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) 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 Gowa Makassar Tourism Development Tbk PB Ratio Related Terms
PT Gowa Makassar Tourism Development Tbk PB Ratio Historical Data
* 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 Gowa Makassar Tourism Development Tbk PB Ratio Chart
PT Gowa Makassar Tourism Development Tbk Annual Data
PT Gowa Makassar Tourism Development Tbk PB Ratio Competitor Comparison
For the Real Estate - Development subindustry, PT Gowa Makassar Tourism Development 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 Gowa Makassar Tourism Development Tbk PB Ratio vs Real Estate Industry
PT Gowa Makassar Tourism Development 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.
* 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 Gowa Makassar Tourism Development Tbk (ISX:GMTD) has a PB Ratio of 1.58 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PT Gowa Makassar Tourism Development Tbk and its competitors. This is 39% below median its historical median of 2.60. Over the past decade, PT Gowa Makassar Tourism Development Tbk's PB Ratio has ranged from 0.82 to 8.18. According to the industry distribution chart, PT Gowa Makassar Tourism Development Tbk ranks #1315 out of 1712 companies in the Real Estate industry, placing it in the top 76.8%.
Is PT Gowa Makassar Tourism Development Tbk's PB Ratio too high?
PT Gowa Makassar Tourism Development Tbk's current PB Ratio of 1.58 is 39% below median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 8.18. The Real Estate industry median PB Ratio is 0.82. PT Gowa Makassar Tourism Development Tbk's value of 1.58 is 92.7% above this industry median. Based on the distribution chart, PT Gowa Makassar Tourism Development Tbk ranks #1315 out of 1712 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PT Gowa Makassar Tourism Development Tbk has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Gowa Makassar Tourism Development Tbk's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT Gowa Makassar Tourism Development Tbk ranks #1315 out of 1712 companies for PB Ratio. This places PT Gowa Makassar Tourism Development Tbk in the lower half of its industry. The industry median PB Ratio is 0.82. PT Gowa Makassar Tourism Development Tbk's value of 1.58 is 92.7% above this benchmark. Historically, PT Gowa Makassar Tourism Development Tbk's own PB Ratio has ranged from 0.82 to 8.18 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 0.82, PT Gowa Makassar Tourism Development 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,712 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 Gowa Makassar Tourism Development Tbk's current PB Ratio of 1.58 is 92.7% 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 Gowa Makassar Tourism Development Tbk and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Gowa Makassar Tourism Development Tbk's current PB Ratio is 1.58, which is 39% below median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gowa Makassar Tourism Development Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp1,905.31, compared to a current price of Rp1,315.00 — trading 31% below its estimated fair value. The current PB Ratio is 1.58, which is 39% below median its 10-year median of 2.60 and 92.7% above the Real Estate industry median of 0.82. PT Gowa Makassar Tourism Development Tbk's overall GF Score™ is 73/100 with 4 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 Gowa Makassar Tourism Development Tbk (ISX:GMTD), the current PB Ratio is 1.58 as of Jul. 17, 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 Gowa Makassar Tourism Development Tbk (ISX:GMTD) Overvalued in 2026?
Based on GuruFocus' analysis, PT Gowa Makassar Tourism Development Tbk stock appears to be undervalued.
The current stock price of Rp1,315.00 is trading 31% below its estimated GF Value™ of Rp1,905.31.
GuruFocus considers PT Gowa Makassar Tourism Development Tbk to be Significantly Undervalued.
Key valuation signals for ISX:GMTD:
PB Ratio: 1.58 (39% below median its 10-year median of 2.60)
GF Value™: Rp1,905.31 vs. price of Rp1,315.00 (31% below fair value)
Industry Position: 92.7% above the Real Estate median (#1315 of 1712)
No single metric tells the full story. See the ISX:GMTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Gowa Makassar Tourism Development Tbk Business Description
PT Gowa Makassar Tourism Development Tbk engages in property development and investment business. It is involved in the development of residential estates, apartments, condominiums, hotels, recreational facilities, commercial complexes, real estate, and other supporting facilities. It classifies its business activities into two business segments: the Core segment, which consists of sales of residential houses, shop houses, and ready-to-build land, and a supporting segment consisting of Akkarena tourism area management and urban management. Its projects include Residential and Commercial. The company is based in Indonesia, and the majority of its revenues are derived from the real estate business.
73GF Score
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