PT J Resources Asia Pasifik Tbk (ISX:PSAB) Cyclically Adjusted FCF per Share: Rp15.71 (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.

ISX:PSAB PT J Resources Asia Pasifik Tbk ISX:PSAB
77 GF Score
Price Rp434.00
GF Value Rp368.68
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is PT J Resources Asia Pasifik Tbk Cyclically Adjusted FCF per Share?

PT J Resources Asia Pasifik Tbk ISX:PSAB +1.88% 77 Cyclically Adjusted FCF per Share is Rp15.71 as of Mar. 2026. GuruFocus rates ISX:PSAB with a GF Score™ of 77/100 and a GF Value™ of Rp368.68 (Modestly Overvalued). The stock has 1 warning sign 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 J Resources Asia Pasifik Tbk's adjusted free cash flow per share for the three months ended in Mar. 2026 was Rp32.232. 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 Rp15.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT J Resources Asia Pasifik Tbk's average Cyclically Adjusted FCF Growth Rate was 19.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 109.60% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of PT J Resources Asia Pasifik Tbk was 114.10% per year. The lowest was 109.60% per year. And the median was 111.85% per year.

As of today (2026-08-02), PT J Resources Asia Pasifik Tbk's current stock price is Rp434.00. PT J Resources Asia Pasifik Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Rp15.71. PT J Resources Asia Pasifik Tbk's Cyclically Adjusted Price-to-FCF of today is 27.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT J Resources Asia Pasifik Tbk was 203.41. The lowest was 7.80. And the median was 27.69.


PT J Resources Asia Pasifik Tbk  (ISX:PSAB) 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 J Resources Asia Pasifik Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=434.00/15.71
=27.63

* 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 13 years, the highest Cyclically Adjusted Price-to-FCF of PT J Resources Asia Pasifik Tbk was 203.41. The lowest was 7.80. And the median was 27.69.


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 J Resources Asia Pasifik Tbk Cyclically Adjusted FCF per Share Related Terms


PT J Resources Asia Pasifik Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PT J Resources Asia Pasifik 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 J Resources Asia Pasifik Tbk Cyclically Adjusted FCF per Share Chart

PT J Resources Asia Pasifik 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 1.31 1.39 11.27 12.85 12.80

PT J Resources Asia Pasifik 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 13.14 12.92 15.62 12.80 15.71

ISX:PSAB vs NEM, AU, RGLD: Cyclically Adjusted FCF per Share Comparison

For the Gold subindustry, PT J Resources Asia Pasifik 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 J Resources Asia Pasifik Tbk Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT J Resources Asia Pasifik Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT J Resources Asia Pasifik Tbk's Cyclically Adjusted Price-to-FCF falls into.


ISX:PSAB
77GF Score
PT J Resources Asia Pasifik Tbk ISX:PSAB
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT J Resources Asia Pasifik 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 J Resources Asia Pasifik Tbk's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=32.232/136.5387*136.5387
=32.232

Current CPI (Mar. 2026) = 136.5387.

PT J Resources Asia Pasifik Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 8.870 103.212 11.734
201609 13.083 104.142 17.153
201612 0.990 105.222 1.285
201703 -2.077 106.476 -2.663
201706 -8.545 107.722 -10.831
201709 -4.128 108.020 -5.218
201712 0.226 109.017 0.283
201803 3.952 110.097 4.901
201806 -0.505 111.085 -0.621
201809 13.674 111.135 16.800
201812 3.561 112.430 4.325
201903 7.674 112.829 9.287
201906 -7.041 114.730 -8.379
201909 34.552 114.905 41.057
201912 -41.819 115.486 -49.443
202003 9.423 116.252 11.067
202006 17.387 116.630 20.355
202009 4.817 116.397 5.651
202012 -15.373 117.318 -17.892
202103 12.548 117.840 14.539
202106 11.294 118.184 13.048
202109 1.756 118.262 2.027
202112 3.756 119.516 4.291
202203 -1.424 120.948 -1.608
202206 0.411 123.322 0.455
202209 -15.600 125.298 -16.999
202212 -8.025 126.098 -8.689
202303 -13.999 126.953 -15.056
202306 -9.930 127.663 -10.620
202309 0.691 128.151 0.736
202312 8.625 129.395 9.101
202403 10.102 130.607 10.561
202406 9.073 130.792 9.472
202409 -0.687 130.361 -0.720
202412 11.045 131.432 11.474
202503 17.971 131.948 18.596
202506 8.502 133.241 8.712
202509 41.673 133.819 42.520
202512 -15.672 135.271 -15.819
202603 32.232 136.539 32.232

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 Rp15.71 mean?
PT J Resources Asia Pasifik Tbk (ISX:PSAB) has a Cyclically Adjusted FCF per Share of Rp15.71 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 J Resources Asia Pasifik Tbk and its competitors.
Is PT J Resources Asia Pasifik Tbk's Cyclically Adjusted FCF per Share too high?
PT J Resources Asia Pasifik Tbk's current Cyclically Adjusted FCF per Share is Rp15.71. Overall, PT J Resources Asia Pasifik Tbk has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT J Resources Asia Pasifik Tbk's Cyclically Adjusted FCF per Share compare to NEM and AU?
PT J Resources Asia Pasifik Tbk's Cyclically Adjusted FCF per Share of Rp15.71 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining 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 J Resources Asia Pasifik Tbk and its competitors. PT J Resources Asia Pasifik Tbk's current Cyclically Adjusted FCF per Share is Rp15.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT J Resources Asia Pasifik Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT J Resources Asia Pasifik Tbk (ISX:PSAB) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp368.68, compared to a current price of Rp434.00 — trading 17.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp15.71. PT J Resources Asia Pasifik Tbk's overall GF Score™ is 77/100 with 1 warning sign 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 J Resources Asia Pasifik Tbk (ISX:PSAB), the current Cyclically Adjusted FCF per Share is Rp15.71 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 J Resources Asia Pasifik Tbk (ISX:PSAB) Overvalued in 2026?

Based on GuruFocus' analysis, PT J Resources Asia Pasifik Tbk stock appears to be overvalued. The current stock price of Rp434.00 is trading 17.7% above its estimated GF Value™ of Rp368.68. GuruFocus considers PT J Resources Asia Pasifik Tbk to be Modestly Overvalued.

Key valuation signals for ISX:PSAB:

  • Cyclically Adjusted FCF per Share: Rp15.71
  • GF Value™: Rp368.68 vs. price of Rp434.00 (17.7% above fair value)
  • GF Score™: 77/100 with 1 warning sign

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


PT J Resources Asia Pasifik Tbk Business Description

Other Exchanges J5R:Germany
Address Jalan Jenderal Sudirman Kav. 52-53, Equity Tower, Lantai 48th Floor, Sudirman Central Business District (SCBD), Lot. 9, Jakarta Selatan, Jakarta, IDN, 12190
PT J Resources Asia Pasifik Tbk is a holding company based in Indonesia engaged in gold mining. The company, through its subsidiary, operates mines, explores, and invests in gold mines in Indonesia and Malaysia. The projects operated include both operating mines are development-stage mines. It derives revenue from the sales of gold. Some of the company's projects are Doup, Pani, Penjom, Bakan, Seruyung, and North Lanut.
77GF Score

Get the complete analysis for ISX:PSAB

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

Rp434.00
Price
Rp368.68
GF Value