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ISX:ISSP's PB Ratio is ranked better than 77.34% of 609
companies
in the Steel industry
Industry Median: 0.97
vs ISX:ISSP: 0.48
During the past 12 months, PT Steel Pipe Industry of Indonesia Tbk's average Book Value Per Share Growth Rate was 12.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PT Steel Pipe Industry of Indonesia Tbk was 50.00% per year. The lowest was 4.50% per year. And the median was 10.00% per year.
Back to Basics: PB Ratio
PT Steel Pipe Industry of Indonesia Tbk (ISX:ISSP) 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 Steel Pipe Industry of Indonesia Tbk PB Ratio Related Terms
PT Steel Pipe Industry of Indonesia 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 Steel Pipe Industry of Indonesia Tbk PB Ratio Chart
PT Steel Pipe Industry of Indonesia Tbk Annual Data
For the Steel subindustry, PT Steel Pipe Industry of Indonesia 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 Steel Pipe Industry of Indonesia Tbk PB Ratio vs Steel Industry
PT Steel Pipe Industry of Indonesia 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.
* 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 Steel Pipe Industry of Indonesia Tbk (ISX:ISSP) has a PB Ratio of 0.48 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PT Steel Pipe Industry of Indonesia Tbk and its competitors. This is near median its historical median of 0.45. Over the past decade, PT Steel Pipe Industry of Indonesia Tbk's PB Ratio has ranged from 0.17 to 0.89. According to the industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #138 out of 609 companies in the Steel industry, placing it in the top 22.7%.
Is PT Steel Pipe Industry of Indonesia Tbk's PB Ratio too high?
PT Steel Pipe Industry of Indonesia Tbk's current PB Ratio of 0.48 is near median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.89. The Steel industry median PB Ratio is 0.97. PT Steel Pipe Industry of Indonesia Tbk's value of 0.48 is 50.5% below this industry median. Based on the distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #138 out of 609 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, PT Steel Pipe Industry of Indonesia Tbk has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Steel Pipe Industry of Indonesia Tbk's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #138 out of 609 companies for PB Ratio. This places PT Steel Pipe Industry of Indonesia Tbk in the top 23% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.97. PT Steel Pipe Industry of Indonesia Tbk's value of 0.48 is 50.5% below this benchmark. Historically, PT Steel Pipe Industry of Indonesia Tbk's own PB Ratio has ranged from 0.17 to 0.89 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.97, PT Steel Pipe Industry of Indonesia 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 609 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 Steel Pipe Industry of Indonesia Tbk's current PB Ratio of 0.48 is 50.5% 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 Steel Pipe Industry of Indonesia Tbk and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Steel Pipe Industry of Indonesia Tbk's current PB Ratio is 0.48, which is near median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Steel Pipe Industry of Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk (ISX:ISSP) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp277.70, compared to a current price of Rp388.00 — trading 39.7% above its estimated fair value. The current PB Ratio is 0.48, which is near median its 10-year median of 0.45 and 50.5% below the Steel industry median of 0.97. PT Steel Pipe Industry of Indonesia Tbk's overall GF Score™ is 76/100 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 Steel Pipe Industry of Indonesia Tbk (ISX:ISSP), the current PB Ratio is 0.48 as of Jul. 13, 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 Steel Pipe Industry of Indonesia Tbk (ISX:ISSP) Overvalued in 2026?
Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk stock appears to be overvalued.
The current stock price of Rp388.00 is trading 39.7% above its estimated GF Value™ of Rp277.70.
GuruFocus considers PT Steel Pipe Industry of Indonesia Tbk to be Significantly Overvalued.
Key valuation signals for ISX:ISSP:
PB Ratio: 0.48 (near median its 10-year median of 0.45)
GF Value™: Rp277.70 vs. price of Rp388.00 (39.7% above fair value)
Industry Position: 50.5% below the Steel median (#138 of 609)
No single metric tells the full story. See the ISX:ISSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Steel Pipe Industry of Indonesia Tbk Business Description
PT Steel Pipe Industry of Indonesia Tbk is an Indonesian-based company engaged in manufacturing steel pipes. The company's products include black pipes, water pipes, mechanical pipes, furniture pipes, API pipes, steel poles, spiral pipes, as well as industrial and ornamental stainless steel pipes. The segments of the company are Steel Pipe Mill, Spiral Steel Pipe Mill, Strips and Plate, Services, and others. The company's products are used for furniture, water supply systems, general construction, automotive components, oil and gas, mechanical structures, and chemical industries. Geographically, all operations functioned through the regions of Indonesia.
76GF Score
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