GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PT Jasa Marga (Persero) Tbk (ISX:JSMR) » Definitions » Cyclically Adjusted PS Ratio

PT Jasa Marga (Persero) Tbk (ISX:JSMR) Cyclically Adjusted PS Ratio : 1.52 (As of May. 26, 2024)


View and export this data going back to 2007. Start your Free Trial

What is PT Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio?

As of today (2024-05-26), PT Jasa Marga (Persero) Tbk's current share price is Rp5000.00. PT Jasa Marga (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Rp3,292.09. PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio for today is 1.52.

The historical rank and industry rank for PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:

ISX:JSMR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.41   Max: 2.33
Current: 1.52

During the past years, PT Jasa Marga (Persero) Tbk's highest Cyclically Adjusted PS Ratio was 2.33. The lowest was 0.92. And the median was 1.41.

ISX:JSMR's Cyclically Adjusted PS Ratio is ranked worse than
74.3% of 1280 companies
in the Construction industry
Industry Median: 0.64 vs ISX:JSMR: 1.52

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

PT Jasa Marga (Persero) Tbk's adjusted revenue per share data for the three months ended in Mar. 2024 was Rp832.863. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is Rp3,292.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS 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.

* Premium members only.

PT Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio Chart

PT Jasa Marga (Persero) Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 1.68 1.35 0.97 1.51

PT Jasa Marga (Persero) Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 1.04 1.22 1.36 1.51 1.69

Competitive Comparison of PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio

For the Infrastructure Operations subindustry, PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio falls into.



PT Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5000.00/3292.09
=1.52

* 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 Jasa Marga (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Jasa Marga (Persero) Tbk's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=832.863/130.6070*130.6070
=832.863

Current CPI (Mar. 2024) = 130.6070.

PT Jasa Marga (Persero) Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 352.986 93.015 495.646
201409 320.882 94.576 443.130
201412 366.947 98.819 484.984
201503 289.194 98.388 383.898
201506 314.557 99.766 411.797
201509 314.564 101.037 406.628
201512 526.572 102.133 673.378
201603 426.639 102.764 542.234
201606 559.030 103.212 707.408
201609 587.085 104.142 736.275
201612 817.006 105.222 1,014.111
201703 688.420 106.476 844.440
201706 1,116.245 107.722 1,353.392
201709 1,374.247 108.020 1,661.596
201712 1,656.141 109.017 1,984.129
201803 1,327.608 110.097 1,574.936
201806 1,243.480 111.085 1,462.012
201809 1,201.990 111.135 1,412.597
201812 1,321.263 112.430 1,534.878
201903 1,052.017 112.829 1,217.784
201906 853.909 114.730 972.076
201909 1,008.344 114.905 1,146.140
201912 715.618 115.486 809.317
202003 575.667 116.252 646.750
202006 357.761 116.630 400.636
202009 519.769 116.397 583.226
202012 434.963 117.318 484.232
202103 481.249 117.840 533.389
202106 467.072 118.184 516.169
202109 516.554 118.262 570.477
202112 625.208 119.516 683.226
202203 505.503 120.948 545.872
202206 533.414 123.322 564.923
202209 576.004 125.298 600.408
202212 669.888 126.098 693.843
202303 612.505 126.953 630.137
202306 617.024 127.663 631.254
202309 710.503 128.151 724.117
202312 997.276 129.395 1,006.619
202403 832.863 130.607 832.863

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


PT Jasa Marga (Persero) Tbk  (ISX:JSMR) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


PT Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Jasa Marga (Persero) Tbk (ISX:JSMR) Business Description

Traded in Other Exchanges
Address
Plaza Tol Taman Mini Indonesia Indah, Kantor Pusat, Jakarta, IDN, 13550
PT Jasa Marga (Persero) Tbk is an industrial company that constructs and operates toll roads. The company organizes operations into five segments: toll road, operations, maintenance, Related business, and others. The toll business segment, which contributes the vast majority of revenue, works on increasing ownership of the company's toll road assets. The operating segment is engaged in operating toll roads, while the maintenance segment provides toll road maintenance services. The other business segment operates fuel stations, leases and sells property assets, and earns advertising revenue.

PT Jasa Marga (Persero) Tbk (ISX:JSMR) Headlines

No Headlines