PT Adirana Armada Tbk (ISX:ASSA) Cyclically Adjusted PS Ratio: 0.53 (As of Aug. 25, 2026) — 48% Below Median

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ISX:ASSA PT Adi Sarana Armada Tbk ISX:ASSA
90 GF Score
Price Rp625.00
GF Value Rp1,036.95
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is PT Adirana Armada Tbk Cyclically Adjusted PS Ratio?

PT Adirana Armada Tbk ISX:ASSA -2.34% 90 Cyclically Adjusted PS Ratio is 0.53 as of Aug. 25, 2026, which is 48% below its 10-year median of 1.01. GuruFocus rates ISX:ASSA with a GF Score™ of 90/100 and a GF Value™ of Rp1,036.95 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 721 Business Services companies, PT Adirana Armada Tbk ranks better than 62.83% on this metric.

As of today (2026-08-25), PT Adirana Armada Tbk's current share price is Rp625.00. PT Adirana Armada Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp1,169.38. PT Adirana Armada Tbk's Cyclically Adjusted PS Ratio for today is 0.53.

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

ISX:ASSA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.01   Max: 6.94
Current: 0.55

During the past years, PT Adirana Armada Tbk's highest Cyclically Adjusted PS Ratio was 6.94. The lowest was 0.49. And the median was 1.01.

ISX:ASSA's Cyclically Adjusted PS Ratio is ranked better than
62.83% of 721 companies
in the Business Services industry
Industry Median: 0.89 vs ISX:ASSA: 0.55

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 Adirana Armada Tbk's adjusted revenue per share data for the three months ended in Jun. 2026 was Rp413.333. 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 Rp1,169.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Adirana Armada Tbk  (ISX:ASSA) 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 Adirana Armada Tbk Cyclically Adjusted PS Ratio Related Terms


PT Adirana Armada Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Adirana Armada 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 Adirana Armada Tbk Cyclically Adjusted PS Ratio Chart

PT Adirana Armada 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 5.67 1.03 0.93 0.72 1.03

PT Adirana Armada 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 0.75 0.80 1.03 0.68 0.50

ISX:ASSA vs URI, SUNB, AER: Cyclically Adjusted PS Ratio Comparison

For the Rental & Leasing Services subindustry, PT Adirana Armada 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 Adirana Armada Tbk Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, PT Adirana Armada Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:ASSA
90GF Score
PT Adi Sarana Armada Tbk ISX:ASSA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Adirana Armada 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 Adirana Armada Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=625.00/1169.38
=0.53

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

For example, PT Adirana Armada 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)
=413.333/137.6954*137.6954
=413.333

Current CPI (Jun. 2026) = 137.6954.

PT Adirana Armada Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 105.424 104.142 139.390
201612 118.778 105.222 155.435
201703 111.614 106.476 144.340
201706 109.054 107.722 139.399
201709 114.416 108.020 145.848
201712 123.910 109.017 156.506
201803 122.457 110.097 153.154
201806 117.859 111.085 146.093
201809 127.820 111.135 158.369
201812 137.876 112.430 168.860
201903 138.165 112.829 168.616
201906 155.932 114.730 187.144
201909 159.749 114.905 191.434
201912 180.173 115.486 214.823
202003 190.573 116.252 225.725
202006 190.526 116.630 224.939
202009 202.874 116.397 239.997
202012 195.421 117.318 229.364
202103 283.411 117.840 331.165
202106 289.281 118.184 337.040
202109 412.928 118.262 480.784
202112 328.035 119.516 377.932
202203 430.846 120.948 490.503
202206 458.158 123.322 511.555
202209 409.164 125.298 449.647
202212 327.053 126.098 357.133
202303 321.421 126.953 348.620
202306 280.421 127.663 302.458
202309 271.833 128.151 292.078
202312 287.792 129.395 306.254
202403 320.188 130.607 337.565
202406 321.329 130.792 338.290
202409 345.035 130.361 364.448
202412 356.094 131.432 373.065
202503 375.287 131.948 391.633
202506 392.978 133.241 406.117
202509 427.777 133.819 440.169
202512 426.625 135.271 434.271
202603 416.812 136.539 420.343
202606 413.333 137.695 413.333

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 0.53 mean?
PT Adirana Armada Tbk (ISX:ASSA) has a Cyclically Adjusted PS Ratio of 0.53 as of Aug. 25, 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 Adirana Armada Tbk and its competitors. This is 48% below median its historical median of 1.01. Over the past decade, PT Adirana Armada Tbk's Cyclically Adjusted PS Ratio has ranged from 0.49 to 6.94. According to the industry distribution chart, PT Adirana Armada Tbk ranks #268 out of 721 companies in the Business Services industry, placing it in the top 37.2%.
Is PT Adirana Armada Tbk's Cyclically Adjusted PS Ratio too high?
PT Adirana Armada Tbk's current Cyclically Adjusted PS Ratio of 0.53 is 48% below median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 6.94. The Business Services industry median Cyclically Adjusted PS Ratio is 0.89. PT Adirana Armada Tbk's value of 0.53 is 40.4% below this industry median. Based on the distribution chart, PT Adirana Armada Tbk ranks #268 out of 721 companies in the Business Services industry, which is above the industry midpoint. Overall, PT Adirana Armada Tbk has a GF Score™ of 90/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Adirana Armada Tbk's Cyclically Adjusted PS Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, PT Adirana Armada Tbk ranks #268 out of 721 companies for Cyclically Adjusted PS Ratio. This puts PT Adirana Armada Tbk in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. PT Adirana Armada Tbk's value of 0.53 is 40.4% below this benchmark. Historically, PT Adirana Armada Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.49 to 6.94 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 0.89, PT Adirana Armada Tbk has consistently been below 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.89, based on 721 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 Adirana Armada Tbk's current Cyclically Adjusted PS Ratio of 0.53 is 40.4% below 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 Adirana Armada Tbk and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Adirana Armada Tbk's current Cyclically Adjusted PS Ratio is 0.53, which is 48% below median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Adirana Armada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Adirana Armada Tbk (ISX:ASSA) is currently considered Possible Value Trap. The stock's GF Value™ is Rp1,036.95, compared to a current price of Rp625.00 — trading 39.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.53, which is 48% below median its 10-year median of 1.01 and 40.4% below the Business Services industry median of 0.89. PT Adirana Armada Tbk's overall GF Score™ is 90/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For PT Adirana Armada Tbk (ISX:ASSA), the current Cyclically Adjusted PS Ratio is 0.53 as of Aug. 25, 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 Adirana Armada Tbk (ISX:ASSA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Adirana Armada Tbk stock appears to be undervalued. The current stock price of Rp625.00 is trading 39.7% below its estimated GF Value™ of Rp1,036.95. GuruFocus considers PT Adirana Armada Tbk to be Possible Value Trap.

Key valuation signals for ISX:ASSA:

  • Cyclically Adjusted PS Ratio: 0.53 (48% below median its 10-year median of 1.01)
  • GF Value™: Rp1,036.95 vs. price of Rp625.00 (39.7% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 40.4% below the Business Services median (#268 of 721)

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


PT Adirana Armada Tbk Business Description

Address Jalan Yos Sudarso No. 88 Sunter, Jakarta Utara, Jakarta, IDN, 14350
PT Adi Sarana Armada Tbk provides integrated transportation solutions in the form of vehicle rental services. The company is engaged in businesses in inland transportation, including passenger transportation by means of buses, sedans, and other land vehicles, transporting goods, delivery, transportation management, expeditions, and warehouses, and provides long and short-term rental services. The company's segment includes Autopool Passenger Car Vehicle Rental Segment, Delivery Service Segment, Used Vehicle Sales segment, Steering Driver Rental Segment, Auction Services Segment, Logistics and Warehouse Management Segment, and Other segment. The majority of its revenue is generated from the Auction Services segment.
90GF Score

Get the complete analysis for ISX:ASSA

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

Rp625.00
Price
Rp1,036.95
GF Value