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PT Bank Negara Indonesia (Persero) Tbk (PT Bank Negara Indonesia (Persero) Tbk) Cyclically Adjusted PS Ratio : 2.87 (As of Jun. 08, 2024)


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What is PT Bank Negara Indonesia (Persero) Tbk Cyclically Adjusted PS Ratio?

As of today (2024-06-08), PT Bank Negara Indonesia (Persero) Tbk's current share price is $14.10. PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.91. PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio for today is 2.87.

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

PTBRY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.45   Med: 3.1   Max: 4.17
Current: 2.82

During the past years, PT Bank Negara Indonesia (Persero) Tbk's highest Cyclically Adjusted PS Ratio was 4.17. The lowest was 1.45. And the median was 3.10.

PTBRY's Cyclically Adjusted PS Ratio is ranked worse than
62.25% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs PTBRY: 2.82

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 Bank Negara Indonesia (Persero) Tbk's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.263. 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 $4.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bank Negara Indonesia (Persero) Tbk Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PT Bank Negara Indonesia (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 Bank Negara Indonesia (Persero) Tbk Cyclically Adjusted PS Ratio Chart

PT Bank Negara Indonesia (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 3.47 2.61 2.63 3.22 3.51

PT Bank Negara Indonesia (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 3.21 3.10 3.44 3.51 3.78

Competitive Comparison of PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, PT Bank Negara Indonesia (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 Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PT Bank Negara Indonesia (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 Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.10/4.91
=2.87

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

For example, PT Bank Negara Indonesia (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)
=1.263/130.6070*130.6070
=1.263

Current CPI (Mar. 2024) = 130.6070.

PT Bank Negara Indonesia (Persero) Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.842 93.015 1.182
201409 0.869 94.576 1.200
201412 0.924 98.819 1.221
201503 0.892 98.388 1.184
201506 0.835 99.766 1.093
201509 0.778 101.037 1.006
201512 1.039 102.133 1.329
201603 1.016 102.764 1.291
201606 1.031 103.212 1.305
201609 1.245 104.142 1.561
201612 1.203 105.222 1.493
201703 1.157 106.476 1.419
201706 1.175 107.722 1.425
201709 1.241 108.020 1.500
201712 1.232 109.017 1.476
201803 1.175 110.097 1.394
201806 1.155 111.085 1.358
201809 1.172 111.135 1.377
201812 1.254 112.430 1.457
201903 1.273 112.829 1.474
201906 1.212 114.730 1.380
201909 1.270 114.905 1.444
201912 1.387 115.486 1.569
202003 1.100 116.252 1.236
202006 1.144 116.630 1.281
202009 1.186 116.397 1.331
202012 1.478 117.318 1.645
202103 1.268 117.840 1.405
202106 1.172 118.184 1.295
202109 1.496 118.262 1.652
202112 1.384 119.516 1.512
202203 1.375 120.948 1.485
202206 1.146 123.322 1.214
202209 1.558 125.298 1.624
202212 1.381 126.098 1.430
202303 1.320 126.953 1.358
202306 1.145 127.663 1.171
202309 1.564 128.151 1.594
202312 1.377 129.395 1.390
202403 1.263 130.607 1.263

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 Bank Negara Indonesia (Persero) Tbk  (OTCPK:PTBRY) 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 Bank Negara Indonesia (Persero) Tbk Cyclically Adjusted PS Ratio Related Terms

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


PT Bank Negara Indonesia (Persero) Tbk (PT Bank Negara Indonesia (Persero) Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman Kav. 1, Gedung Grha BNI, Jakarta Pusat, Jakarta, IDN, 10220
PT Bank Negara Indonesia (Persero) Tbk is an Indonesian state-owned bank, with the government holding just over half of the bank's outstanding shares. BNI's main banking activities include deposit-taking, providing credit, issuing debt instruments, money transfer services, secondary market services, wholesale banking, custody banking, capital investment, and other services. Its business divisions include Corporate and International Banking; Institutional Banking; Enterprises and Commercial Banking; Consumer Banking and Treasury.

PT Bank Negara Indonesia (Persero) Tbk (PT Bank Negara Indonesia (Persero) Tbk) Headlines