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PT Bank Mandiri (Persero) Tbk (FRA:PQ9) Cyclically Adjusted PS Ratio : 6.60 (As of May. 19, 2024)


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

As of today (2024-05-19), PT Bank Mandiri (Persero) Tbk's current share price is €0.396. PT Bank Mandiri (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €0.06. PT Bank Mandiri (Persero) Tbk's Cyclically Adjusted PS Ratio for today is 6.60.

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

FRA:PQ9' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.38   Med: 4.46   Max: 6.92
Current: 6.12

During the past years, PT Bank Mandiri (Persero) Tbk's highest Cyclically Adjusted PS Ratio was 6.92. The lowest was 2.38. And the median was 4.46.

FRA:PQ9's Cyclically Adjusted PS Ratio is ranked worse than
91.13% of 1195 companies
in the Banks industry
Industry Median: 2.4 vs FRA:PQ9: 6.12

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 Mandiri (Persero) Tbk's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.020. 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 €0.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

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

PT Bank Mandiri (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 4.92 3.92 4.00 5.02 5.63

PT Bank Mandiri (Persero) Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.02 5.11 5.06 5.76 5.63

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

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

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

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.396/0.06
=6.60

* 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 Mandiri (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PT Bank Mandiri (Persero) Tbk's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.02/129.3947*129.3947
=0.020

Current CPI (Dec. 2023) = 129.3947.

PT Bank Mandiri (Persero) Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.009 92.483 0.013
201406 0.009 93.015 0.013
201409 0.009 94.576 0.012
201412 0.009 98.819 0.012
201503 0.011 98.388 0.014
201506 0.011 99.766 0.014
201509 0.011 101.037 0.014
201512 0.011 102.133 0.014
201603 0.012 102.764 0.015
201606 0.013 103.212 0.016
201609 0.015 104.142 0.019
201612 0.011 105.222 0.014
201703 0.013 106.476 0.016
201706 0.028 107.722 0.034
201709 0.022 108.020 0.026
201712 0.012 109.017 0.014
201803 0.012 110.097 0.014
201806 0.012 111.085 0.014
201809 0.011 111.135 0.013
201812 0.014 112.430 0.016
201903 0.013 112.829 0.015
201906 0.013 114.730 0.015
201909 0.014 114.905 0.016
201912 0.015 115.486 0.017
202003 0.013 116.252 0.014
202006 0.012 116.630 0.013
202009 0.011 116.397 0.012
202012 0.017 117.318 0.019
202103 0.015 117.840 0.016
202106 0.015 118.184 0.016
202109 0.015 118.262 0.016
202112 0.017 119.516 0.018
202203 0.018 120.948 0.019
202206 0.019 123.322 0.020
202209 0.020 125.298 0.021
202212 0.021 126.098 0.022
202303 0.019 126.953 0.019
202306 0.020 127.663 0.020
202309 0.020 128.151 0.020
202312 0.020 129.395 0.020

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 Mandiri (Persero) Tbk  (FRA:PQ9) 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 Mandiri (Persero) Tbk Cyclically Adjusted PS Ratio Related Terms

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


PT Bank Mandiri (Persero) Tbk (FRA:PQ9) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Gatot Subroto Kav. 36-38, Plaza Mandiri, Jakarta, IDN, 12190
PT Bank Mandiri (Persero) Tbk is a full-service bank principally operating in the Indonesian archipelago. The national government of Indonesia owns well over half of the bank's outstanding shares. Its wide range of products and services includes deposit collection, loans, promissory note issuance, guarantee services, wholesale banking, custodian banking, asset and wealth management, factoring and credit card services, and Islamic banking. The bank's strategy emphasizes a cross-selling culture and increased regionalization, expertise-oriented solutions, and ease of access for its micro, small, and midsize enterprise customers. Its loan portfolio is diversified, mostly in industrials, restaurants and hospitality, and the transportation and storage industries.

PT Bank Mandiri (Persero) Tbk (FRA:PQ9) Headlines

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