PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) PB Ratio: 1.71 (As of Jul. 17, 2026) — 44% Below Median

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ISX:ULTJ PT Ultrajaya Milk Industry & Trading Co Tbk ISX:ULTJ
98 GF Score
Price Rp1,435.00
GF Value Rp1,887.62
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is PT Ultrajaya Milk Industry & Trading Co Tbk PB Ratio?

PT Ultrajaya Milk Industry & Trading Co Tbk ISX:ULTJ +1.41% 98 PB Ratio is 1.71 as of Jul. 17, 2026, which is 44% below its 10-year median of 3.04. GuruFocus rates ISX:ULTJ with a GF Score™ of 98/100 and a GF Value™ of Rp1,887.62 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 112 Beverages - Non-Alcoholic companies, PT Ultrajaya Milk Industry & Trading Co Tbk ranks better than 59.82% 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 (2026-07-17), PT Ultrajaya Milk Industry & Trading Co Tbk's share price is Rp1435.00. PT Ultrajaya Milk Industry & Trading Co Tbk's Book Value per Share for the quarter that ended in Mar. 2026 was Rp838.74. Hence, PT Ultrajaya Milk Industry & Trading Co Tbk's PB Ratio of today is 1.71.

Good Sign:

PT Ultrajaya Milk Industry & Trading Co Tbk stock PB Ratio (=1.63) is close to 10-year low of 1.54.

The historical rank and industry rank for PT Ultrajaya Milk Industry & Trading Co Tbk's PB Ratio or its related term are showing as below:

ISX:ULTJ' s PB Ratio Range Over the Past 10 Years
Min: 1.54   Med: 3.04   Max: 4.55
Current: 1.71

During the past 13 years, PT Ultrajaya Milk Industry & Trading Co Tbk's highest PB Ratio was 4.55. The lowest was 1.54. And the median was 3.04.

ISX:ULTJ's PB Ratio is ranked better than
59.82% of 112 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.27 vs ISX:ULTJ: 1.71

During the past 12 months, PT Ultrajaya Milk Industry & Trading Co Tbk's average Book Value Per Share Growth Rate was 13.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PT Ultrajaya Milk Industry & Trading Co Tbk was 21.70% per year. The lowest was 4.70% per year. And the median was 13.40% per year.

Back to Basics: PB Ratio


PT Ultrajaya Milk Industry & Trading Co Tbk  (ISX:ULTJ) 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 Ultrajaya Milk Industry & Trading Co Tbk PB Ratio Related Terms


PT Ultrajaya Milk Industry & Trading Co Tbk PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk PB Ratio Chart

PT Ultrajaya Milk Industry & Trading Co 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 3.23 2.67 2.52 2.56 1.82

PT Ultrajaya Milk Industry & Trading Co 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 2.00 1.88 1.71 1.82 1.81

ISX:ULTJ vs KO, PEP, MNST: PB Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk PB Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, PT Ultrajaya Milk Industry & Trading Co Tbk's PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Ultrajaya Milk Industry & Trading Co Tbk's PB Ratio falls into.


ISX:ULTJ
98GF Score
PT Ultrajaya Milk Industry & Trading Co Tbk ISX:ULTJ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1435.00/838.74
=1.71

* 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 1.71 mean?
PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) has a PB Ratio of 1.71 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 Ultrajaya Milk Industry & Trading Co Tbk and its competitors. This is 44% below median its historical median of 3.04. Over the past decade, PT Ultrajaya Milk Industry & Trading Co Tbk's PB Ratio has ranged from 1.54 to 4.55. According to the industry distribution chart, PT Ultrajaya Milk Industry & Trading Co Tbk ranks #45 out of 112 companies in the Beverages - Non-Alcoholic industry, placing it in the top 40.2%.
Is PT Ultrajaya Milk Industry & Trading Co Tbk's PB Ratio too high?
PT Ultrajaya Milk Industry & Trading Co Tbk's current PB Ratio of 1.71 is 44% below median its 10-year median of 3.04. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 4.55. The Beverages - Non-Alcoholic industry median PB Ratio is 2.27. PT Ultrajaya Milk Industry & Trading Co Tbk's value of 1.71 is 24.7% below this industry median. Based on the distribution chart, PT Ultrajaya Milk Industry & Trading Co Tbk ranks #45 out of 112 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, PT Ultrajaya Milk Industry & Trading Co Tbk has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Ultrajaya Milk Industry & Trading Co Tbk's PB Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, PT Ultrajaya Milk Industry & Trading Co Tbk ranks #45 out of 112 companies for PB Ratio. This puts PT Ultrajaya Milk Industry & Trading Co Tbk in the upper half of its industry. The industry median PB Ratio is 2.27. PT Ultrajaya Milk Industry & Trading Co Tbk's value of 1.71 is 24.7% below this benchmark. Historically, PT Ultrajaya Milk Industry & Trading Co Tbk's own PB Ratio has ranged from 1.54 to 4.55 over the past decade. While the company's 10-year median is 3.04 vs. the industry median of 2.27, PT Ultrajaya Milk Industry & Trading Co 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 Beverages - Non-Alcoholic company?
The median PB Ratio among Beverages - Non-Alcoholic companies is 2.27, based on 112 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 Ultrajaya Milk Industry & Trading Co Tbk's current PB Ratio of 1.71 is 24.7% 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 Ultrajaya Milk Industry & Trading Co Tbk and its competitors. For the Beverages - Non-Alcoholic industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Ultrajaya Milk Industry & Trading Co Tbk's current PB Ratio is 1.71, which is 44% below median its own 10-year median of 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Ultrajaya Milk Industry & Trading Co Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,887.62, compared to a current price of Rp1,435.00 — trading 24% below its estimated fair value. The current PB Ratio is 1.71, which is 44% below median its 10-year median of 3.04 and 24.7% below the Beverages - Non-Alcoholic industry median of 2.27. PT Ultrajaya Milk Industry & Trading Co Tbk's overall GF Score™ is 98/100 with 3 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 Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ), the current PB Ratio is 1.71 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 Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Overvalued in 2026?

Based on GuruFocus' analysis, PT Ultrajaya Milk Industry & Trading Co Tbk stock appears to be undervalued. The current stock price of Rp1,435.00 is trading 24% below its estimated GF Value™ of Rp1,887.62. GuruFocus considers PT Ultrajaya Milk Industry & Trading Co Tbk to be Modestly Undervalued.

Key valuation signals for ISX:ULTJ:

  • PB Ratio: 1.71 (44% below median its 10-year median of 3.04)
  • GF Value™: Rp1,887.62 vs. price of Rp1,435.00 (24% below fair value)
  • GF Score™: 98/100 with 3 warning signs
  • Industry Position: 24.7% below the Beverages - Non-Alcoholic median (#45 of 112)

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


PT Ultrajaya Milk Industry & Trading Co Tbk Business Description

Address Jalan Raya Cimareme 131, Padalarang, Kabupaten Bandung Barat, West Java, Bandung, IDN, 40552
PT Ultrajaya Milk Industry & Trading Co Tbk is in the business of producing dairy products, beverages, and healthy drink products with ultra-high temperature technology and aseptic packaging. Its products are Freshmilk, Tea drink, Health drinks, Sweetened condensed creamer, and others. The company operates in two operating segments: Beverages and Food. It derives the majority of its revenues from the Beverages segment.
98GF Score

Get the complete analysis for ISX:ULTJ

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

Rp1,435.00
Price
Rp1,887.62
GF Value