PT Bank Btpn Syariah Tbk (ISX:BTPS) Cyclically Adjusted FCF per Share: Rp191.34 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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ISX:BTPS PT Bank Btpn Syariah Tbk ISX:BTPS
82 GF Score
Price Rp1,020.00
GF Value Rp1,226.48
Valuation Modestly Undervalued
! 2 Warning Signs
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What is PT Bank Btpn Syariah Tbk Cyclically Adjusted FCF per Share?

PT Bank Btpn Syariah Tbk ISX:BTPS -0.49% 82 Cyclically Adjusted FCF per Share is Rp191.34 as of Mar. 2026. GuruFocus rates ISX:BTPS with a GF Score™ of 82/100 and a GF Value™ of Rp1,226.48 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

PT Bank Btpn Syariah Tbk's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2025 was Rp215.567. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is Rp191.34 for the trailing ten years ended in Dec. 2025.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2026-07-23), PT Bank Btpn Syariah Tbk's current stock price is Rp 1020.00. PT Bank Btpn Syariah Tbk's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2025 was Rp191.34. PT Bank Btpn Syariah Tbk's Cyclically Adjusted Price-to-FCF of today is 5.33.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of PT Bank Btpn Syariah Tbk was 6.61. The lowest was 5.24. And the median was 5.56.


PT Bank Btpn Syariah Tbk  (ISX:BTPS) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

PT Bank Btpn Syariah Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1020.00/191.34
=5.33

* 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.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of PT Bank Btpn Syariah Tbk was 6.61. The lowest was 5.24. And the median was 5.56.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


PT Bank Btpn Syariah Tbk Cyclically Adjusted FCF per Share Related Terms


PT Bank Btpn Syariah Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PT Bank Btpn Syariah Tbk's Cyclically Adjusted FCF per Share 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 Bank Btpn Syariah Tbk Cyclically Adjusted FCF per Share Chart

PT Bank Btpn Syariah Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 166.94 191.34

PT Bank Btpn Syariah Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 0.00 0.00 0.00 191.34 0.00

PT Bank Btpn Syariah Tbk Cyclically Adjusted FCF per Share Competitor Comparison

For the Banks - Regional subindustry, PT Bank Btpn Syariah Tbk's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Btpn Syariah Tbk Cyclically Adjusted Price-to-FCF vs Banks Industry

For the Banks industry and Financial Services sector, PT Bank Btpn Syariah Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT Bank Btpn Syariah Tbk's Cyclically Adjusted Price-to-FCF falls into.


ISX:BTPS
82GF Score
PT Bank Btpn Syariah Tbk ISX:BTPS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bank Btpn Syariah Tbk Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF 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.

For example, PT Bank Btpn Syariah Tbk's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=215.567/135.2711*135.2711
=215.567

Current CPI (Dec. 2025) = 135.2711.

PT Bank Btpn Syariah Tbk Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201612 77.544 105.222 99.689
201712 33.601 109.017 41.693
201812 76.948 112.430 92.581
201912 47.178 115.486 55.261
202012 127.274 117.318 146.751
202112 488.562 119.516 552.966
202212 250.310 126.098 268.520
202312 203.684 129.395 212.934
202412 220.971 131.432 227.426
202512 215.567 135.271 215.567

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of Rp191.34 mean?
PT Bank Btpn Syariah Tbk (ISX:BTPS) has a Cyclically Adjusted FCF per Share of Rp191.34 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on PT Bank Btpn Syariah Tbk and its competitors.
Is PT Bank Btpn Syariah Tbk's Cyclically Adjusted FCF per Share too high?
PT Bank Btpn Syariah Tbk's current Cyclically Adjusted FCF per Share is Rp191.34. Overall, PT Bank Btpn Syariah Tbk has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank Btpn Syariah Tbk's Cyclically Adjusted FCF per Share compare to competitors?
PT Bank Btpn Syariah Tbk's Cyclically Adjusted FCF per Share of Rp191.34 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks industry context. However, Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on PT Bank Btpn Syariah Tbk and its competitors. PT Bank Btpn Syariah Tbk's current Cyclically Adjusted FCF per Share is Rp191.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Btpn Syariah Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Btpn Syariah Tbk (ISX:BTPS) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,226.48, compared to a current price of Rp1,020.00 — trading 16.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp191.34. PT Bank Btpn Syariah Tbk's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For PT Bank Btpn Syariah Tbk (ISX:BTPS), the current Cyclically Adjusted FCF per Share is Rp191.34 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 Bank Btpn Syariah Tbk (ISX:BTPS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Btpn Syariah Tbk stock appears to be undervalued. The current stock price of Rp1,020.00 is trading 16.8% below its estimated GF Value™ of Rp1,226.48. GuruFocus considers PT Bank Btpn Syariah Tbk to be Modestly Undervalued.

Key valuation signals for ISX:BTPS:

  • Cyclically Adjusted FCF per Share: Rp191.34
  • GF Value™: Rp1,226.48 vs. price of Rp1,020.00 (16.8% below fair value)
  • GF Score™: 82/100 with 2 warning signs

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


PT Bank Btpn Syariah Tbk Business Description

Address Jalan Dr. Ide Anak Agung Gde Agung Kav 5.5-5.6, Menara BTPN, 12th Floor, CBD Mega Kuningan, South Jakarta, Jakarta, IDN, 12950
PT Bank Btpn Syariah Tbk is a bank that operates its business in one segment, financing using murabahah contract for the productive poor community. The company's primary focus is to provide services for empowering the inclusive communities customers and developing financial inclusion by providing different kinds of funding and financing solutions, such as Tepat Tabungan Syariah, Tepat Deposito, Tepat Pembiayaan Syariah Individu, and others, to its customers. The operating segments include: Jawa, Bali & Nusa, Tenggara Sumatera, and Kalimantan & Sulawesi.
82GF Score

Get the complete analysis for ISX:BTPS

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp1,020.00
Price
Rp1,226.48
GF Value