PTranacentral Bajatama Tbk (ISX:BAJA) Cyclically Adjusted PS Ratio: (As of Aug. 08, 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:BAJA PT Saranacentral Bajatama Tbk ISX:BAJA
53 GF Score
Price Rp362.00
GF Value Rp156.06
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is PTranacentral Bajatama Tbk Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PTranacentral Bajatama Tbk  (ISX:BAJA) 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.


PTranacentral Bajatama Tbk Cyclically Adjusted PS Ratio Related Terms


PTranacentral Bajatama Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PTranacentral Bajatama 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.

PTranacentral Bajatama Tbk Cyclically Adjusted PS Ratio Chart

PTranacentral Bajatama 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 0.16 0.16 0.13 0.24

PTranacentral Bajatama 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 0.17 0.21 0.24 0.21 0.22

ISX:BAJA vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, PTranacentral Bajatama 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.


PTranacentral Bajatama Tbk Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, PTranacentral Bajatama Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PTranacentral Bajatama Tbk's Cyclically Adjusted PS Ratio falls into.


ISX:BAJA
53GF Score
PT Saranacentral Bajatama Tbk ISX:BAJA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTranacentral Bajatama 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.

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

For example, PTranacentral Bajatama 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)
=213.572/137.6954*137.6954
=213.572

Current CPI (Jun. 2026) = 137.6954.

PTranacentral Bajatama Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 -236.961 104.142 -313.306
201612 543.800 105.222 711.627
201703 154.039 106.476 199.204
201706 161.304 107.722 206.187
201709 181.480 108.020 231.336
201712 180.020 109.017 227.377
201803 178.469 110.097 223.207
201806 127.846 111.085 158.472
201809 210.206 111.135 260.445
201812 194.485 112.430 238.190
201903 161.396 112.829 196.967
201906 100.792 114.730 120.967
201909 134.368 114.905 161.019
201912 199.348 115.486 237.685
202003 193.716 116.252 229.448
202006 133.974 116.630 158.172
202009 181.277 116.397 214.448
202012 160.452 117.318 188.321
202103 209.159 117.840 244.402
202106 193.283 118.184 225.193
202109 253.102 118.262 294.694
202112 108.059 119.516 124.496
202203 162.309 120.948 184.783
202206 162.413 123.322 181.342
202209 119.026 125.298 130.802
202212 146.141 126.098 159.582
202303 171.767 126.953 186.302
202306 108.099 127.663 116.594
202309 119.501 128.151 128.401
202312 128.664 129.395 136.918
202403 107.156 130.607 112.972
202406 87.082 130.792 91.679
202409 114.950 130.361 121.417
202412 128.735 131.432 134.870
202503 100.219 131.948 104.584
202506 89.574 133.241 92.569
202509 128.212 133.819 131.926
202512 139.894 135.271 142.401
202603 138.952 136.539 140.129
202606 213.572 137.695 213.572

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.

Is PTranacentral Bajatama Tbk (ISX:BAJA) Overvalued in 2026?

Based on GuruFocus' analysis, PTranacentral Bajatama Tbk stock appears to be overvalued. The current stock price of Rp362.00 is trading 132% above its estimated GF Value™ of Rp156.06. GuruFocus considers PTranacentral Bajatama Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BAJA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: Rp156.06 vs. price of Rp362.00 (132% above fair value)
  • GF Score™: 53/100 with 8 warning signs

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


PTranacentral Bajatama Tbk Business Description

Address Jalan Pangeran Jayakarta No. 55, Gedung Baja Tower B, Lantai 6, Mangga Dua Selatan, Sawah Besar, Jakarta Pusat, Jakarta, IDN, 10730
PT Saranacentral Bajatama Tbk is involved in the manufacture and sale of steel products in Indonesia. The company manufactures three types of coated steel products, namely, galvanized steel, Saranalume aluminum-zinc-coated steel, and Sarancolor painted zinc-coated steel. The company's products are used in various applications, including building, electrical machinery, and motor vehicles. The company has four reportable segments, including galvanized, saranalume, coloring, and non-production. The company derives the majority of its revenue from the Saranalume segment.
53GF Score

Get the complete analysis for ISX:BAJA

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

Rp362.00
Price
Rp156.06
GF Value