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PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) Cyclically Adjusted PS Ratio : 0.20 (As of Jun. 14, 2024)


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What is PT Sinar Mas Agro Resources & Technology Tbk Cyclically Adjusted PS Ratio?

As of today (2024-06-14), PT Sinar Mas Agro Resources & Technology Tbk's current share price is Rp3660.00. PT Sinar Mas Agro Resources & Technology Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Rp18,011.60. PT Sinar Mas Agro Resources & Technology Tbk's Cyclically Adjusted PS Ratio for today is 0.20.

The historical rank and industry rank for PT Sinar Mas Agro Resources & Technology Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:

ISX:SMAR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.28   Max: 0.33
Current: 0.2

During the past years, PT Sinar Mas Agro Resources & Technology Tbk's highest Cyclically Adjusted PS Ratio was 0.33. The lowest was 0.20. And the median was 0.28.

ISX:SMAR's Cyclically Adjusted PS Ratio is ranked better than
87.18% of 1388 companies
in the Consumer Packaged Goods industry
Industry Median: 0.8 vs ISX:SMAR: 0.20

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 Sinar Mas Agro Resources & Technology Tbk's adjusted revenue per share data for the three months ended in Mar. 2024 was Rp6,226.249. 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 Rp18,011.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Sinar Mas Agro Resources & Technology Tbk Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PT Sinar Mas Agro Resources & Technology 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 Sinar Mas Agro Resources & Technology Tbk Cyclically Adjusted PS Ratio Chart

PT Sinar Mas Agro Resources & Technology 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 - - - 0.30 0.23

PT Sinar Mas Agro Resources & Technology 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 0.31 0.27 0.25 0.23 0.21

Competitive Comparison of PT Sinar Mas Agro Resources & Technology Tbk's Cyclically Adjusted PS Ratio

For the Farm Products subindustry, PT Sinar Mas Agro Resources & Technology 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 Sinar Mas Agro Resources & Technology Tbk's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Sinar Mas Agro Resources & Technology Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Sinar Mas Agro Resources & Technology Tbk's Cyclically Adjusted PS Ratio falls into.



PT Sinar Mas Agro Resources & Technology 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 Sinar Mas Agro Resources & Technology Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3660.00/18011.6
=0.20

* 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 Sinar Mas Agro Resources & Technology Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Sinar Mas Agro Resources & Technology 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)
=6226.249/130.6070*130.6070
=6,226.249

Current CPI (Mar. 2024) = 130.6070.

PT Sinar Mas Agro Resources & Technology Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2,909.611 93.015 4,085.539
201409 2,628.420 94.576 3,629.780
201412 2,563.255 98.819 3,387.787
201503 2,627.361 98.388 3,487.754
201506 3,732.717 99.766 4,886.619
201509 3,208.729 101.037 4,147.828
201512 3,045.286 102.133 3,894.299
201603 2,766.817 102.764 3,516.465
201606 2,170.841 103.212 2,747.028
201609 2,385.542 104.142 2,991.754
201612 3,035.479 105.222 3,767.797
201703 3,206.901 106.476 3,933.695
201706 2,850.859 107.722 3,456.526
201709 2,917.956 108.020 3,528.088
201712 3,320.847 109.017 3,978.520
201803 2,954.919 110.097 3,505.408
201806 3,202.593 111.085 3,765.425
201809 3,488.952 111.135 4,100.271
201812 3,372.035 112.430 3,917.209
201903 3,280.710 112.829 3,797.655
201906 2,918.871 114.730 3,322.795
201909 2,986.058 114.905 3,394.121
201912 3,417.309 115.486 3,864.753
202003 3,348.944 116.252 3,762.468
202006 3,291.532 116.630 3,685.997
202009 3,178.735 116.397 3,566.814
202012 4,258.654 117.318 4,741.042
202103 3,864.503 117.840 4,283.198
202106 4,416.662 118.184 4,880.927
202109 5,777.826 118.262 6,380.971
202112 5,787.946 119.516 6,325.058
202203 6,051.235 120.948 6,534.480
202206 6,519.387 123.322 6,904.484
202209 7,287.371 125.298 7,596.120
202212 6,270.320 126.098 6,494.549
202303 6,099.956 126.953 6,275.552
202306 5,256.434 127.663 5,377.655
202309 5,671.838 128.151 5,780.520
202312 6,135.449 129.395 6,192.932
202403 6,226.249 130.607 6,226.249

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 Sinar Mas Agro Resources & Technology Tbk  (ISX:SMAR) 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 Sinar Mas Agro Resources & Technology Tbk Cyclically Adjusted PS Ratio Related Terms

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PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) Business Description

Traded in Other Exchanges
N/A
Address
Jalan MH Thamrin No. 51, Tower II, 28th-30th Floor, Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Sinar Mas Agro Resources & Technology Tbk is involved in the business of cultivating and harvesting oil palm trees, processing fresh fruit bunches into crude palm oil and palm kernel, and refining crude palm oil into value-added products. The firm's products include cooking oil, fat, margarine, crude palm oil, palm kernel, cocoa butter substitute, etc. Its scope of activities comprises plantation development, agriculture, trading, refining of plantation products, management services, and research related to the business.