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.
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.
The historical rank and industry rank for PT Golden Energy Mines Tbk's PB Ratio or its related term are showing as below:
ISX:GEMS'
s PB Ratio Range Over the Past 10 Years
Min: 2.34 Med: 3.63 Max: 10.36
Current: 3.01
During the past 13 years, PT Golden Energy Mines Tbk's highest PB Ratio was 10.36. The lowest was 2.34. And the median was 3.63.
ISX:GEMS's PB Ratio is ranked worse than 76.27% of 177
companies
in the Other Energy Sources industry
Industry Median: 1.53
vs ISX:GEMS: 3.01
During the past 12 months, PT Golden Energy Mines Tbk's average Book Value Per Share Growth Rate was 5.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 22.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PT Golden Energy Mines Tbk was 77.40% per year. The lowest was -0.30% per year. And the median was 10.10% per year.
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 Golden Energy Mines Tbk PB Ratio Related Terms
PT Golden Energy Mines 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 Golden Energy Mines Tbk PB Ratio Competitor Comparison
For the Thermal Coal subindustry, PT Golden Energy Mines 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 Golden Energy Mines Tbk PB Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Golden Energy Mines Tbk's PB Ratio distribution charts can be found below:
* The bar in red indicates where PT Golden Energy Mines 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 Golden Energy Mines Tbk (ISX:GEMS) has a PB Ratio of 3.01 as of Aug. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PT Golden Energy Mines Tbk and its competitors. This is 17% below median its historical median of 3.63. Over the past decade, PT Golden Energy Mines Tbk's PB Ratio has ranged from 2.34 to 10.36. According to the industry distribution chart, PT Golden Energy Mines Tbk ranks #135 out of 177 companies in the Other Energy Sources industry, placing it in the top 76.3%.
Is PT Golden Energy Mines Tbk's PB Ratio too high?
PT Golden Energy Mines Tbk's current PB Ratio of 3.01 is 17% below median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 10.36. The Other Energy Sources industry median PB Ratio is 1.53. PT Golden Energy Mines Tbk's value of 3.01 is 96.7% above this industry median. Based on the distribution chart, PT Golden Energy Mines Tbk ranks #135 out of 177 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, PT Golden Energy Mines Tbk has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Golden Energy Mines Tbk's PB Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Golden Energy Mines Tbk ranks #135 out of 177 companies for PB Ratio. This places PT Golden Energy Mines Tbk in the lower half of its industry. The industry median PB Ratio is 1.53. PT Golden Energy Mines Tbk's value of 3.01 is 96.7% above this benchmark. Historically, PT Golden Energy Mines Tbk's own PB Ratio has ranged from 2.34 to 10.36 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 1.53, PT Golden Energy Mines 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 Other Energy Sources company?
The median PB Ratio among Other Energy Sources companies is 1.53, based on 177 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 Golden Energy Mines Tbk's current PB Ratio of 3.01 is 96.7% 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 Golden Energy Mines Tbk and its competitors. For the Other Energy Sources industry, the median PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Golden Energy Mines Tbk's current PB Ratio is 3.01, which is 17% below median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Golden Energy Mines Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Golden Energy Mines Tbk (ISX:GEMS) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp7,791.66, compared to a current price of Rp6,775.00 — trading 13% below its estimated fair value. The current PB Ratio is 3.01, which is 17% below median its 10-year median of 3.63 and 96.7% above the Other Energy Sources industry median of 1.53. PT Golden Energy Mines Tbk's overall GF Score™ is 90/100 with 5 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 Golden Energy Mines Tbk (ISX:GEMS), the current PB Ratio is 3.01 as of Aug. 25, 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 Golden Energy Mines Tbk (ISX:GEMS) Overvalued in 2026?
Based on GuruFocus' analysis, PT Golden Energy Mines Tbk stock appears to be undervalued.
The current stock price of Rp6,775.00 is trading 13% below its estimated GF Value™ of Rp7,791.66.
GuruFocus considers PT Golden Energy Mines Tbk to be Modestly Undervalued.
Key valuation signals for ISX:GEMS:
PB Ratio: 3.01 (17% below median its 10-year median of 3.63)
GF Value™: Rp7,791.66 vs. price of Rp6,775.00 (13% below fair value)
Industry Position: 96.7% above the Other Energy Sources median (#135 of 177)
No single metric tells the full story. See the ISX:GEMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Golden Energy Mines Tbk is an Indonesian-based company. Along with its subsidiary, it is engaged in the mining and coal trading business. The company is structured into two segments, namely, the Coal Mining Segment and the Coal Trading Segment. Its principal activities include the exploration, mining, processing, and marketing of thermal coal. The company operates in five concession areas: South Kalimantan, Central Kalimantan, Jambi, and South Sumatra. The majority of its revenue is derived from the Coal Mining segment.
90GF Score
Get the complete analysis for ISX:GEMS
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:GEMS has been successfully added to your 
