PT Suparma Tbk (ISX:SPMA) PB Ratio: 0.34 (As of Jul. 02, 2026) — 26% Below Median


ISX:SPMA PT Suparma Tbk ISX:SPMA
78 GF Score
Price Rp206.00
GF Value Rp239.19
Valuation Modestly Undervalued
! 6 Warning Signs
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What is PT Suparma Tbk PB Ratio?

PT Suparma Tbk ISX:SPMA +0.98% 78 PB Ratio is 0.34 as of Jul. 02, 2026, which is 26% below its 10-year median of 0.46. GuruFocus rates ISX:SPMA with a GF Score™ of 78/100 and a GF Value™ of Rp239.19 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 275 Forest Products companies, PT Suparma Tbk ranks better than 82.91% 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 (2026-07-02), PT Suparma Tbk's share price is Rp206.00. PT Suparma Tbk's Book Value per Share for the quarter that ended in Mar. 2026 was Rp609.64. Hence, PT Suparma Tbk's PB Ratio of today is 0.34.

Good Sign:

PT Suparma Tbk stock PB Ratio (=0.33) is close to 10-year low of 0.32.

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

ISX:SPMA' s PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.46   Max: 1.26
Current: 0.33

During the past 9 years, PT Suparma Tbk's highest PB Ratio was 1.26. The lowest was 0.32. And the median was 0.46.

ISX:SPMA's PB Ratio is ranked better than
82.91% of 275 companies
in the Forest Products industry
Industry Median: 0.79 vs ISX:SPMA: 0.33

During the past 12 months, PT Suparma Tbk's average Book Value Per Share Growth Rate was 4.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of PT Suparma Tbk was 15.90% per year. The lowest was 5.10% per year. And the median was 11.30% per year.

Back to Basics: PB Ratio


PT Suparma Tbk  (ISX:SPMA) 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 Suparma Tbk PB Ratio Related Terms


PT Suparma Tbk PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Suparma 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 Suparma Tbk PB Ratio Chart

PT Suparma Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.08 0.73 0.47 0.39 0.40

PT Suparma 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 0.36 0.33 0.44 0.40 0.34

ISX:SPMA vs SLVM: PB Ratio Comparison

For the Paper & Paper Products subindustry, PT Suparma 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 Suparma Tbk PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Suparma Tbk's PB Ratio distribution charts can be found below:

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


ISX:SPMA
78GF Score
PT Suparma Tbk ISX:SPMA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=206.00/609.639
=0.34

* 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 0.34 mean?
PT Suparma Tbk (ISX:SPMA) has a PB Ratio of 0.34 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PT Suparma Tbk and its competitors. This is 26% below median its historical median of 0.46. Over the past decade, PT Suparma Tbk's PB Ratio has ranged from 0.32 to 1.26. According to the industry distribution chart, PT Suparma Tbk ranks #47 out of 275 companies in the Forest Products industry, placing it in the top 17.1%.
Is PT Suparma Tbk's PB Ratio too high?
PT Suparma Tbk's current PB Ratio of 0.34 is 26% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.26. The Forest Products industry median PB Ratio is 0.79. PT Suparma Tbk's value of 0.34 is 57% below this industry median. Based on the distribution chart, PT Suparma Tbk ranks #47 out of 275 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, PT Suparma Tbk has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Suparma Tbk's PB Ratio compare to SLVM?
According to the Forest Products industry distribution chart, PT Suparma Tbk ranks #47 out of 275 companies for PB Ratio. This places PT Suparma Tbk in the top 17% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.79. PT Suparma Tbk's value of 0.34 is 57% below this benchmark. Historically, PT Suparma Tbk's own PB Ratio has ranged from 0.32 to 1.26 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.79, PT Suparma 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 Forest Products company?
The median PB Ratio among Forest Products companies is 0.79, based on 275 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 Suparma Tbk's current PB Ratio of 0.34 is 57% 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 Suparma Tbk and its competitors. For the Forest Products industry, the median PB Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Suparma Tbk's current PB Ratio is 0.34, which is 26% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Suparma Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Suparma Tbk (ISX:SPMA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp239.19, compared to a current price of Rp206.00 — trading 13.9% below its estimated fair value. The current PB Ratio is 0.34, which is 26% below median its 10-year median of 0.46 and 57% below the Forest Products industry median of 0.79. PT Suparma Tbk's overall GF Score™ is 78/100 with 6 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 Suparma Tbk (ISX:SPMA), the current PB Ratio is 0.34 as of Jul. 02, 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 Suparma Tbk (ISX:SPMA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Suparma Tbk stock appears to be undervalued. The current stock price of Rp206.00 is trading 13.9% below its estimated GF Value™ of Rp239.19. GuruFocus considers PT Suparma Tbk to be Modestly Undervalued.

Key valuation signals for ISX:SPMA:

  • PB Ratio: 0.34 (26% below median its 10-year median of 0.46)
  • GF Value™: Rp239.19 vs. price of Rp206.00 (13.9% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 57% below the Forest Products median (#47 of 275)

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


PT Suparma Tbk Business Description

Address Jalan Raya Mastrip, No. 856 Warugunung, Karangpilang, East Java, Surabaya, IDN, 60221
PT Suparma Tbk is an Indonesia-based company that manufactures paper and paper products. The group manufactured paper and paper wrapping products for the industrial and consumer sectors. The firm offers Laminated Wrapping Kraft, Samson Kraft, MG Paper, Coated Duplex Board, Bathroom Tissue, Carrier Tissue, Industrial Roll Towel, Kitchen Towel, and Other products. Geographically, the firm generates the majority of its revenue from the local market.
78GF Score

Get the complete analysis for ISX:SPMA

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

Rp206.00
Price
Rp239.19
GF Value