PT Argo Pantes Tbk (ISX:ARGO) Cyclically Adjusted PS Ratio: 1.79 (As of Aug. 08, 2026) — 156% Above Median

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ISX:ARGO PT Argo Pantes Tbk ISX:ARGO
50 GF Score
Price Rp1,195.00
GF Value Rp821.35
Valuation Significantly Overvalued
! 6 Warning Signs
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What is PT Argo Pantes Tbk Cyclically Adjusted PS Ratio?

PT Argo Pantes Tbk ISX:ARGO +0.84% 50 Cyclically Adjusted PS Ratio is 1.79 as of Aug. 08, 2026, which is 156% above its 10-year median of 0.70. GuruFocus rates ISX:ARGO with a GF Score™ of 50/100 and a GF Value™ of Rp821.35 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 884 Manufacturing - Apparel & Accessories companies, PT Argo Pantes Tbk ranks worse than 77.38% on this metric.

As of today (2026-08-08), PT Argo Pantes Tbk's current share price is Rp1195.00. PT Argo Pantes Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp666.12. PT Argo Pantes Tbk's Cyclically Adjusted PS Ratio for today is 1.79.

The historical rank and industry rank for PT Argo Pantes Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:

ISX:ARGO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.7   Max: 2.18
Current: 1.79

During the past years, PT Argo Pantes Tbk's highest Cyclically Adjusted PS Ratio was 2.18. The lowest was 0.25. And the median was 0.70.

ISX:ARGO's Cyclically Adjusted PS Ratio is ranked worse than
77.38% of 884 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.625 vs ISX:ARGO: 1.79

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 Argo Pantes Tbk's adjusted revenue per share data for the three months ended in Jun. 2026 was Rp7.380. 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 Rp666.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Argo Pantes Tbk  (ISX:ARGO) 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 Argo Pantes Tbk Cyclically Adjusted PS Ratio Related Terms


PT Argo Pantes Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Argo Pantes 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 Argo Pantes Tbk Cyclically Adjusted PS Ratio Chart

PT Argo Pantes Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.49 0.63 0.98 1.27

PT Argo Pantes Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.70 1.58 1.27 1.30 1.43

ISX:ARGO vs AIN: Cyclically Adjusted PS Ratio Comparison

For the Textile Manufacturing subindustry, PT Argo Pantes 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 Argo Pantes Tbk Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Argo Pantes Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Argo Pantes Tbk's Cyclically Adjusted PS Ratio falls into.


ISX:ARGO
50GF Score
PT Argo Pantes Tbk ISX:ARGO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Argo Pantes 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 Argo Pantes Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1195.00/666.12
=1.79

* 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 Argo Pantes Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Argo Pantes Tbk's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.38/137.6954*137.6954
=7.380

Current CPI (Jun. 2026) = 137.6954.

PT Argo Pantes Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 422.975 104.142 559.251
201612 560.618 105.222 733.635
201703 390.862 106.476 505.466
201706 349.494 107.722 446.742
201709 270.355 108.020 344.626
201712 329.295 109.017 415.921
201803 343.959 110.097 430.182
201806 327.162 111.085 405.535
201809 360.578 111.135 446.755
201812 314.326 112.430 384.962
201903 331.494 112.829 404.554
201906 203.082 114.730 243.732
201909 246.827 114.905 295.784
201912 24.082 115.486 28.713
202003 39.321 116.252 46.574
202006 37.437 116.630 44.199
202009 45.053 116.397 53.297
202012 48.134 117.318 56.495
202103 45.683 117.840 53.380
202106 47.336 118.184 55.151
202109 52.173 118.262 60.746
202112 64.115 119.516 73.867
202203 46.557 120.948 53.004
202206 81.526 123.322 91.028
202209 70.746 125.298 77.746
202212 76.695 126.098 83.749
202303 76.699 126.953 83.189
202306 71.964 127.663 77.619
202309 8.475 128.151 9.106
202312 8.301 129.395 8.834
202403 7.726 130.607 8.145
202406 8.131 130.792 8.560
202409 9.239 130.361 9.759
202412 7.351 131.432 7.701
202503 9.586 131.948 10.004
202506 7.938 133.241 8.203
202509 9.311 133.819 9.581
202512 8.549 135.271 8.702
202603 9.273 136.539 9.352
202606 7.380 137.695 7.380

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.

What does a Cyclically Adjusted PS Ratio of 1.79 mean?
PT Argo Pantes Tbk (ISX:ARGO) has a Cyclically Adjusted PS Ratio of 1.79 as of Aug. 08, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on PT Argo Pantes Tbk and its competitors. This is 156% above median its historical median of 0.70. Over the past decade, PT Argo Pantes Tbk's Cyclically Adjusted PS Ratio has ranged from 0.25 to 2.18. According to the industry distribution chart, PT Argo Pantes Tbk ranks #684 out of 884 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 77.4%.
Is PT Argo Pantes Tbk's Cyclically Adjusted PS Ratio too high?
PT Argo Pantes Tbk's current Cyclically Adjusted PS Ratio of 1.79 is 156% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 2.18. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.63. PT Argo Pantes Tbk's value of 1.79 is 186.4% above this industry median. Based on the distribution chart, PT Argo Pantes Tbk ranks #684 out of 884 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, PT Argo Pantes Tbk has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Argo Pantes Tbk's Cyclically Adjusted PS Ratio compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Argo Pantes Tbk ranks #684 out of 884 companies for Cyclically Adjusted PS Ratio. This places PT Argo Pantes Tbk in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.63. PT Argo Pantes Tbk's value of 1.79 is 186.4% above this benchmark. Historically, PT Argo Pantes Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.25 to 2.18 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.63, PT Argo Pantes Tbk has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.63, based on 884 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Argo Pantes Tbk's current Cyclically Adjusted PS Ratio of 1.79 is 186.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on PT Argo Pantes Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Argo Pantes Tbk's current Cyclically Adjusted PS Ratio is 1.79, which is 156% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Argo Pantes Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Argo Pantes Tbk (ISX:ARGO) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp821.35, compared to a current price of Rp1,195.00 — trading 45.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.79, which is 156% above median its 10-year median of 0.70 and 186.4% above the Manufacturing - Apparel & Accessories industry median of 0.63. PT Argo Pantes Tbk's overall GF Score™ is 50/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For PT Argo Pantes Tbk (ISX:ARGO), the current Cyclically Adjusted PS Ratio is 1.79 as of Aug. 08, 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 Argo Pantes Tbk (ISX:ARGO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Argo Pantes Tbk stock appears to be overvalued. The current stock price of Rp1,195.00 is trading 45.5% above its estimated GF Value™ of Rp821.35. GuruFocus considers PT Argo Pantes Tbk to be Significantly Overvalued.

Key valuation signals for ISX:ARGO:

  • Cyclically Adjusted PS Ratio: 1.79 (156% above median its 10-year median of 0.70)
  • GF Value™: Rp821.35 vs. price of Rp1,195.00 (45.5% above fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 186.4% above the Manufacturing - Apparel & Accessories median (#684 of 884)

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


PT Argo Pantes Tbk Business Description

Address Jalan. Jenderal Gatot Subroto No. 95, Kav.22, Wisma Argo Manunggal, 2nd Floor, Jakarta, IDN, 12930
PT Argo Pantes Tbk operates in the textile industry. The company is engaged in the production and sale of finished fabric, knitwear, and garments. The company has two operating segments, which include the textile industry and the rental, of which the majority of the revenue derives from the leasing of warehouse facilities located in strategic industrial and commercial hubs in Tangerang and Bekasi. The Company's revenue from its warehouse business is categorized into four segments: (1) cooperation income, (2) rent income, (3) energy, and (4) local.
50GF Score

Get the complete analysis for ISX:ARGO

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

Rp1,195.00
Price
Rp821.35
GF Value