PT SMR Utama Tbk (ISX:SMRU) PB Ratio: (As of Aug. 12, 2026)

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:SMRU PT SMR Utama Tbk ISX:SMRU
11 GF Score
Price Rp50.00
GF Value Rp37.23
! 4 Warning Signs
View Full Analysis

What is PT SMR Utama Tbk PB Ratio?

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 (2026-08-12), PT SMR Utama Tbk's share price is Rp50.00. PT SMR Utama Tbk's Book Value per Share for the quarter that ended in Jun. 2026 was Rp-2.97. Hence, PT SMR Utama Tbk's PB Ratio of today is .

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

During the past 13 years, PT SMR Utama Tbk's highest PB Ratio was 1136.36. The lowest was 0.71. And the median was 3.90.

ISX:SMRU's PB Ratio is not ranked *
in the Other Energy Sources industry.
Industry Median: 1.46
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was -85.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -69.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -44.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PT SMR Utama Tbk was 48.10% per year. The lowest was -85.90% per year. And the median was -10.50% per year.

Back to Basics: PB Ratio


PT SMR Utama Tbk  (ISX:SMRU) 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 SMR Utama Tbk PB Ratio Related Terms


PT SMR Utama Tbk PB Ratio Historical Data

* Premium members only.

The historical data trend for PT SMR Utama 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 SMR Utama Tbk PB Ratio Chart

PT SMR Utama 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 2.94 3.19 5.59 31.55 1,136.36

PT SMR Utama Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 1,136.36 0.00 0.00

PT SMR Utama Tbk PB Ratio Competitor Comparison

For the Thermal Coal subindustry, PT SMR Utama 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 SMR Utama Tbk PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT SMR Utama Tbk's PB Ratio distribution charts can be found below:

* The bar in red indicates where PT SMR Utama Tbk's PB Ratio falls into.


ISX:SMRU
11GF Score
PT SMR Utama Tbk ISX:SMRU
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT SMR Utama 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 SMR Utama Tbk's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=50.00/-2.972
=

* 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.

Is PT SMR Utama Tbk (ISX:SMRU) Overvalued in 2026?

Based on GuruFocus' analysis, PT SMR Utama Tbk stock appears to be overvalued. The current stock price of Rp50.00 is trading 34.3% above its estimated GF Value™ of Rp37.23.

Key valuation signals for ISX:SMRU:

  • PB Ratio:
  • GF Value™: Rp37.23 vs. price of Rp50.00 (34.3% above fair value)
  • GF Score™: 11/100 with 4 warning signs

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


PT SMR Utama Tbk Business Description

Address Jalan Griya Utama, RT.002/ RW.005, Ruko Puri Mutiara A12 & A15, Kelurahan Sunter Agung, Kecamatan Tj. Priok, North Jakarta, Jakarta, IDN, 14350
PT SMR Utama Tbk business activities include mining and quarrying, wholesale trade, and professional, scientific, and technical activities. The Company owns a mining contractor providing mining services under long-term contracts with coal producers, such as PT Berau Coal. The Company carries out coal mining business activities, other mining and excavation support activities, wholesale trade in solid, liquid, and gas fuels and YBDI products, as well as management consulting activities. Its business units comprise Mining Contractor, IOT Consultant Services, and Coal Mining. The company has only one reportable segment, namely mining services. Its projects include Berau Coal Project I, Berau Coal Project II, and others.
11GF Score

Get the complete analysis for ISX:SMRU

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

Rp50.00
Price
Rp37.23
GF Value