PT Harum Energy Tbk (FRA:44H) PB Ratio: 0.41 (As of Jul. 05, 2026) — 69% Below Median


FRA:44H PT Harum Energy Tbk FRA:44H
75 GF Score
Price €0.03
GF Value €0.06
Valuation Possible Value Trap
! 7 Warning Signs
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What is PT Harum Energy Tbk PB Ratio?

PT Harum Energy Tbk FRA:44H +2.00% 75 PB Ratio is 0.41 as of Jul. 05, 2026, which is 69% below its 10-year median of 1.34. GuruFocus rates FRA:44H with a GF Score™ of 75/100 and a GF Value™ of €0.06 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 175 Other Energy Sources companies, PT Harum Energy Tbk ranks better than 84% 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 (2026-07-05), PT Harum Energy Tbk's share price is €0.0255. PT Harum Energy Tbk's Book Value per Share for the quarter that ended in Mar. 2026 was €0.06. Hence, PT Harum Energy Tbk's PB Ratio of today is 0.41.

Good Sign:

PT Harum Energy Tbk stock PB Ratio (=0.6) is close to 10-year low of 0.56.

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

FRA:44H' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.34   Max: 4.73
Current: 0.6

During the past 13 years, PT Harum Energy Tbk's highest PB Ratio was 4.73. The lowest was 0.56. And the median was 1.34.

FRA:44H's PB Ratio is ranked better than
84% of 175 companies
in the Other Energy Sources industry
Industry Median: 1.37 vs FRA:44H: 0.60

During the past 12 months, PT Harum Energy Tbk's average Book Value Per Share Growth Rate was 7.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 24.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PT Harum Energy Tbk was 74.50% per year. The lowest was 0.90% per year. And the median was 9.45% per year.

Back to Basics: PB Ratio


PT Harum Energy Tbk  (FRA:44H) 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 Harum Energy Tbk PB Ratio Related Terms


PT Harum Energy Tbk PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Harum Energy 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 Harum Energy Tbk PB Ratio Chart

PT Harum Energy 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 3.79 1.79 1.11 0.80 0.76

PT Harum Energy 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 0.47 0.57 0.83 0.76 0.69

PT Harum Energy Tbk PB Ratio Competitor Comparison

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

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

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


FRA:44H
75GF Score
PT Harum Energy Tbk FRA:44H
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Harum Energy 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 Harum Energy Tbk's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.0255/0.062
=0.41

* 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 0.41 mean?
PT Harum Energy Tbk (FRA:44H) has a PB Ratio of 0.41 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PT Harum Energy Tbk and its competitors. This is 69% below median its historical median of 1.34. Over the past decade, PT Harum Energy Tbk's PB Ratio has ranged from 0.56 to 4.73. According to the industry distribution chart, PT Harum Energy Tbk ranks #28 out of 175 companies in the Other Energy Sources industry, placing it in the top 16%.
Is PT Harum Energy Tbk's PB Ratio too high?
PT Harum Energy Tbk's current PB Ratio of 0.41 is 69% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 4.73. The Other Energy Sources industry median PB Ratio is 1.37. PT Harum Energy Tbk's value of 0.41 is 70.1% below this industry median. Based on the distribution chart, PT Harum Energy Tbk ranks #28 out of 175 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, PT Harum Energy Tbk has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Harum Energy Tbk's PB Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Harum Energy Tbk ranks #28 out of 175 companies for PB Ratio. This places PT Harum Energy Tbk in the top 16% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.37. PT Harum Energy Tbk's value of 0.41 is 70.1% below this benchmark. Historically, PT Harum Energy Tbk's own PB Ratio has ranged from 0.56 to 4.73 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.37, PT Harum Energy 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 an Other Energy Sources company?
The median PB Ratio among Other Energy Sources companies is 1.37, based on 175 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 Harum Energy Tbk's current PB Ratio of 0.41 is 70.1% 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 Harum Energy Tbk and its competitors. For the Other Energy Sources industry, the median PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Harum Energy Tbk's current PB Ratio is 0.41, which is 69% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Harum Energy Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Harum Energy Tbk (FRA:44H) is currently considered Possible Value Trap. The stock's GF Value™ is €0.06, compared to a current price of €0.03 — trading 57.5% below its estimated fair value. The current PB Ratio is 0.41, which is 69% below median its 10-year median of 1.34 and 70.1% below the Other Energy Sources industry median of 1.37. PT Harum Energy Tbk's overall GF Score™ is 75/100 with 7 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 Harum Energy Tbk (FRA:44H), the current PB Ratio is 0.41 as of Jul. 05, 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 Harum Energy Tbk (FRA:44H) Overvalued in 2026?

Based on GuruFocus' analysis, PT Harum Energy Tbk stock appears to be undervalued. The current stock price of €0.03 is trading 57.5% below its estimated GF Value™ of €0.06. GuruFocus considers PT Harum Energy Tbk to be Possible Value Trap.

Key valuation signals for FRA:44H:

  • PB Ratio: 0.41 (69% below median its 10-year median of 1.34)
  • GF Value™: €0.06 vs. price of €0.03 (57.5% below fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 70.1% below the Other Energy Sources median (#28 of 175)

No single metric tells the full story. See the FRA:44H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Harum Energy Tbk Business Description

Other Exchanges HRUM:Indonesia
Address Jalan Imam Bonjol No. 80, Deutsche Bank Building, 9th Floor, Jakarta Pusat, Jakarta, IDN, 10310
PT Harum Energy Tbk is a holding company engaged in the coal mining and logistics business in East Kalimantan, Indonesia. The company's activity is broken down into various segments, which include Coal mining sectors; Rental and service sectors; Nickel Smelter; and Other sectors. It serves coal-fired power-generating and manufacturing companies. Geographically, the firm generates revenue from East Asia, South Asia, Southeast Asia, and Europe. The firm generates the majority of its revenue from the Nickel Smelter, which consists of the Nickel Smelter sector by IMI, WMI, and BSE.
75GF Score

Get the complete analysis for FRA:44H

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

€0.03
Price
€0.06
GF Value