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PT Sinar Mas Multiartha TbkISX:SMMA 59 PB Ratio is 5.58 as of Jul. 20, 2026, which is 51% above its 10-year median of 3.69. GuruFocus rates ISX:SMMA with a GF Score™ of 59/100 and a GF Value™ of Rp15,052.91 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 498 Insurance companies, PT Sinar Mas Multiartha Tbk ranks worse than 93.57% on this metric.
The historical rank and industry rank for PT Sinar Mas Multiartha Tbk's PB Ratio or its related term are showing as below:
ISX:SMMA'
s PB Ratio Range Over the Past 10 Years
Min: 2.89 Med: 3.69 Max: 6.46
Current: 5.58
During the past 13 years, PT Sinar Mas Multiartha Tbk's highest PB Ratio was 6.46. The lowest was 2.89. And the median was 3.69.
ISX:SMMA's PB Ratio is ranked worse than 93.57% of 498
companies
in the Insurance industry
Industry Median: 1.405
vs ISX:SMMA: 5.58
During the past 12 months, PT Sinar Mas Multiartha Tbk's average Book Value Per Share Growth Rate was 9.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PT Sinar Mas Multiartha Tbk was 49.40% per year. The lowest was 0.30% per year. And the median was 9.45% per year.
Back to Basics: PB Ratio
PT Sinar Mas Multiartha Tbk (ISX:SMMA) 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 Sinar Mas Multiartha Tbk PB Ratio Related Terms
PT Sinar Mas Multiartha 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.
For the Insurance - Diversified subindustry, PT Sinar Mas Multiartha 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 Sinar Mas Multiartha Tbk PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, PT Sinar Mas Multiartha Tbk's PB Ratio distribution charts can be found below:
* The bar in red indicates where PT Sinar Mas Multiartha 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 Sinar Mas Multiartha Tbk (ISX:SMMA) has a PB Ratio of 5.58 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PT Sinar Mas Multiartha Tbk and its competitors. This is 51% above median its historical median of 3.69. Over the past decade, PT Sinar Mas Multiartha Tbk's PB Ratio has ranged from 2.89 to 6.46. According to the industry distribution chart, PT Sinar Mas Multiartha Tbk ranks #466 out of 498 companies in the Insurance industry, placing it in the top 93.6%.
Is PT Sinar Mas Multiartha Tbk's PB Ratio too high?
PT Sinar Mas Multiartha Tbk's current PB Ratio of 5.58 is 51% above median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 2.89 to a high of 6.46. The Insurance industry median PB Ratio is 1.41. PT Sinar Mas Multiartha Tbk's value of 5.58 is 297.2% above this industry median. Based on the distribution chart, PT Sinar Mas Multiartha Tbk ranks #466 out of 498 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, PT Sinar Mas Multiartha Tbk has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Sinar Mas Multiartha Tbk's PB Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, PT Sinar Mas Multiartha Tbk ranks #466 out of 498 companies for PB Ratio. This places PT Sinar Mas Multiartha Tbk in the lower half of its industry. The industry median PB Ratio is 1.41. PT Sinar Mas Multiartha Tbk's value of 5.58 is 297.2% above this benchmark. Historically, PT Sinar Mas Multiartha Tbk's own PB Ratio has ranged from 2.89 to 6.46 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 1.41, PT Sinar Mas Multiartha 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 an Insurance company?
The median PB Ratio among Insurance companies is 1.41, based on 498 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 Sinar Mas Multiartha Tbk's current PB Ratio of 5.58 is 297.2% 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 Sinar Mas Multiartha Tbk and its competitors. For the Insurance industry, the median PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Sinar Mas Multiartha Tbk's current PB Ratio is 5.58, which is 51% above median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sinar Mas Multiartha Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sinar Mas Multiartha Tbk (ISX:SMMA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp15,052.91, compared to a current price of Rp20,625.00 — trading 37% above its estimated fair value. The current PB Ratio is 5.58, which is 51% above median its 10-year median of 3.69 and 297.2% above the Insurance industry median of 1.41. PT Sinar Mas Multiartha Tbk's overall GF Score™ is 59/100 with 2 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 Sinar Mas Multiartha Tbk (ISX:SMMA), the current PB Ratio is 5.58 as of Jul. 20, 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 Sinar Mas Multiartha Tbk (ISX:SMMA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Sinar Mas Multiartha Tbk stock appears to be overvalued.
The current stock price of Rp20,625.00 is trading 37% above its estimated GF Value™ of Rp15,052.91.
GuruFocus considers PT Sinar Mas Multiartha Tbk to be Significantly Overvalued.
Key valuation signals for ISX:SMMA:
PB Ratio: 5.58 (51% above median its 10-year median of 3.69)
GF Value™: Rp15,052.91 vs. price of Rp20,625.00 (37% above fair value)
Industry Position: 297.2% above the Insurance median (#466 of 498)
No single metric tells the full story. See the ISX:SMMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Sinar Mas Multiartha Tbk provides an integrated and comprehensive range of financial services in Indonesia. The company is engaged in insurance underwriting, consumer financing, factoring of accounts, securities administration, securities brokerage, investment management, banking, development, Information technology, trading, and other related services. It is also involved in the auction house, property, health clinic, and workshop activities.
59GF Score
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