GDNGY (PT Gudang Garam Tbk) Tax Rate %: 23.81% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

GDNGY PT Gudang Garam Tbk GDNGY
69 GF Score
Price $3.64
GF Value $2.95
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is PT Gudang Garam Tbk Tax Rate %?

PT Gudang Garam Tbk GDNGY 69 Tax Rate % is 23.81% as of Mar. 2026. GuruFocus rates GDNGY with a GF Score™ of 69/100 and a GF Value™ of $2.95 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. PT Gudang Garam Tbk's Tax Expense for the three months ended in Mar. 2026 was $28 Mil. PT Gudang Garam Tbk's Pre-Tax Income for the three months ended in Mar. 2026 was $119 Mil. Therefore, PT Gudang Garam Tbk's Tax Rate % for the quarter that ended in Mar. 2026 was 23.81%.


PT Gudang Garam Tbk Tax Rate % Related Terms


PT Gudang Garam Tbk Tax Rate % Historical Data

* Premium members only.

The historical data trend for PT Gudang Garam Tbk's Tax Rate % 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 Gudang Garam Tbk Tax Rate % Chart

PT Gudang Garam Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.08 23.77 22.39 29.97 38.92

PT Gudang Garam Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 44.90 87.17 25.42 51.76 23.81
GDNGY
69GF Score
PT Gudang Garam Tbk GDNGY
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Gudang Garam Tbk Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

PT Gudang Garam Tbk's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=59.493/152.842
=38.92 %

PT Gudang Garam Tbk's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=28.394/119.254
=23.81 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 23.81% mean?
PT Gudang Garam Tbk (GDNGY) has a Tax Rate % of 23.81% as of Mar. 2026.
Is PT Gudang Garam Tbk's Tax Rate % too high?
PT Gudang Garam Tbk's current Tax Rate % is 23.81%. Overall, PT Gudang Garam Tbk has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Gudang Garam Tbk's Tax Rate % compare to PM and MO?
PT Gudang Garam Tbk's Tax Rate % of 23.81% can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Tobacco Products company?
A good Tax Rate % depends on the Tobacco Products industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. PT Gudang Garam Tbk's current Tax Rate % is 23.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gudang Garam Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gudang Garam Tbk (GDNGY) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.95, compared to a current price of $3.64 — trading 23.4% above its estimated fair value. The current Tax Rate % is 23.81%. PT Gudang Garam Tbk's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For PT Gudang Garam Tbk (GDNGY), the current Tax Rate % is 23.81% as of Mar. 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 Gudang Garam Tbk (GDNGY) Overvalued in 2026?

Based on GuruFocus' analysis, PT Gudang Garam Tbk stock appears to be overvalued. The current stock price of $3.64 is trading 23.4% above its estimated GF Value™ of $2.95. GuruFocus considers PT Gudang Garam Tbk to be Modestly Overvalued.

Key valuation signals for GDNGY:

  • Tax Rate %: 23.81%
  • GF Value™: $2.95 vs. price of $3.64 (23.4% above fair value)
  • GF Score™: 69/100 with 7 warning signs

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


PT Gudang Garam Tbk Business Description

Address Jalan Semampir II/1, East Java, Kediri, IDN, 64121
PT Gudang Garam Tbk manufactures kretek cigarettes, which are clove cigarettes common in Indonesia. The firm's operations are almost entirely domestic, with its tobacco and clove farmers. Nearly majority of the company's sales are generated in Indonesia. The company's brand families include Gudang Garam, Merah, and others. Other brands include Sriwedari, which is a hand-rolled brand, and Klobot. The company's segment includes Cigarettes, Paperboard, Infrastructure, and Others. The company generates the majority of revenue from sale of Cigarettes.
69GF Score

Get the complete analysis for GDNGY

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

$3.64
Price
$2.95
GF Value