PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Cyclically Adjusted PS Ratio: (As of Jul. 27, 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.

FRA:NJ9 PT Pertamina Geothermal Energy Tbk FRA:NJ9
82 GF Score
Price €0.04
GF Value €0.06
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is PT Pertamina Geothermal Energy Tbk Cyclically Adjusted PS Ratio?

PT Pertamina Geothermal Energy Tbk does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Pertamina Geothermal Energy Tbk  (FRA:NJ9) 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 Pertamina Geothermal Energy Tbk Cyclically Adjusted PS Ratio Related Terms


PT Pertamina Geothermal Energy Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Pertamina Geothermal Energy 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.

PT Pertamina Geothermal Energy Tbk Cyclically Adjusted PS Ratio Chart

PT Pertamina Geothermal Energy Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

PT Pertamina Geothermal Energy Tbk Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

PT Pertamina Geothermal Energy Tbk Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, PT Pertamina Geothermal Energy 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 Pertamina Geothermal Energy Tbk Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PT Pertamina Geothermal Energy Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Pertamina Geothermal Energy Tbk's Cyclically Adjusted PS Ratio falls into.


FRA:NJ9
82GF Score
PT Pertamina Geothermal Energy Tbk FRA:NJ9
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Pertamina Geothermal Energy 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 Pertamina Geothermal Energy Tbk does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Is PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pertamina Geothermal Energy Tbk stock appears to be undervalued. The current stock price of €0.04 is trading 27.5% below its estimated GF Value™ of €0.06. GuruFocus considers PT Pertamina Geothermal Energy Tbk to be Modestly Undervalued.

Key valuation signals for FRA:NJ9:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €0.06 vs. price of €0.04 (27.5% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the FRA:NJ9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Pertamina Geothermal Energy Tbk Business Description

Other Exchanges PGEO:Indonesia
Address Jalan Medan Merdeka Timur No. 11-13, No. 11-13 , Grha Pertamina - Tower Pertamax, 7th Floor, Gambir, Jakarta Pusat, Jakarta, IDN, 10110
PT Pertamina Geothermal Energy Tbk is involved in the geothermal sector from the upstream and/or downstream sides, both at home and abroad, as well as other business activities related to or supporting activities in the geothermal sector. Its key business activities include geothermal exploration and drilling, including in forest areas, and other activities related to geothermal energy exploitation up to its place of utilization; and producing electricity through various renewable and non-renewable energy sources. The company mainly generates revenue from the production and commercialization of geothermal steam and electricity. It operates in two segments: Own operations, which generate maximum revenue, and Joint Operating Contracts with PLN.
82GF Score

Get the complete analysis for FRA:NJ9

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

€0.04
Price
€0.06
GF Value