PT Bekasi Asri Pemula Tbk (ISX:BAPA) Cyclically Adjusted PS Ratio: 4.95 (As of Jul. 29, 2026) — 246% Above Median

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:BAPA PT Bekasi Asri Pemula Tbk ISX:BAPA
35 GF Score
Price Rp173.00
GF Value Rp50.57
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is PT Bekasi Asri Pemula Tbk Cyclically Adjusted PS Ratio?

PT Bekasi Asri Pemula Tbk ISX:BAPA +1.17% 35 Cyclically Adjusted PS Ratio is 4.95 as of Jul. 29, 2026, which is 246% above its 10-year median of 1.43. GuruFocus rates ISX:BAPA with a GF Score™ of 35/100 and a GF Value™ of Rp50.57 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,356 Real Estate companies, PT Bekasi Asri Pemula Tbk ranks worse than 78.32% on this metric.

As of today (2026-07-29), PT Bekasi Asri Pemula Tbk's current share price is Rp173.00. PT Bekasi Asri Pemula Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was Rp34.93. PT Bekasi Asri Pemula Tbk's Cyclically Adjusted PS Ratio for today is 4.95.

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

ISX:BAPA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.43   Max: 10.82
Current: 5.35

During the past years, PT Bekasi Asri Pemula Tbk's highest Cyclically Adjusted PS Ratio was 10.82. The lowest was 0.92. And the median was 1.43.

ISX:BAPA's Cyclically Adjusted PS Ratio is ranked worse than
78.32% of 1356 companies
in the Real Estate industry
Industry Median: 1.78 vs ISX:BAPA: 5.35

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 Bekasi Asri Pemula Tbk's adjusted revenue per share data for the three months ended in Mar. 2026 was Rp0.142. 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 Rp34.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bekasi Asri Pemula Tbk  (ISX:BAPA) 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 Bekasi Asri Pemula Tbk Cyclically Adjusted PS Ratio Related Terms


PT Bekasi Asri Pemula Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Bekasi Asri Pemula 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 Bekasi Asri Pemula Tbk Cyclically Adjusted PS Ratio Chart

PT Bekasi Asri Pemula 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 1.21 1.77 1.40 1.41 2.54

PT Bekasi Asri Pemula Tbk Quarterly Data
Jun21 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 1.30 1.29 2.18 2.54 2.23

PT Bekasi Asri Pemula Tbk Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, PT Bekasi Asri Pemula 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 Bekasi Asri Pemula Tbk Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Bekasi Asri Pemula Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Bekasi Asri Pemula Tbk's Cyclically Adjusted PS Ratio falls into.


ISX:BAPA
35GF Score
PT Bekasi Asri Pemula Tbk ISX:BAPA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bekasi Asri Pemula 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 Bekasi Asri Pemula Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=173.00/34.93
=4.95

* 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 Bekasi Asri Pemula Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Bekasi Asri Pemula Tbk's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.142/136.5387*136.5387
=0.142

Current CPI (Mar. 2026) = 136.5387.

PT Bekasi Asri Pemula Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 26.805 103.212 35.460
201609 10.171 104.142 13.335
201612 15.497 105.222 20.109
201703 24.830 106.476 31.841
201706 35.886 107.722 45.486
201709 11.457 108.020 14.482
201712 21.057 109.017 26.373
201803 16.896 110.097 20.954
201806 9.130 111.085 11.222
201809 6.885 111.135 8.459
201812 9.718 112.430 11.802
201903 1.135 112.829 1.374
201906 35.271 114.730 41.975
201909 4.361 114.905 5.182
201912 2.123 115.486 2.510
202003 1.020 116.252 1.198
202006 5.352 116.630 6.266
202009 5.533 116.397 6.490
202012 4.101 117.318 4.773
202103 0.915 117.840 1.060
202106 2.290 118.184 2.646
202109 1.965 118.262 2.269
202112 2.806 119.516 3.206
202203 1.169 120.948 1.320
202206 1.568 123.322 1.736
202209 1.040 125.298 1.133
202212 1.609 126.098 1.742
202303 1.628 126.953 1.751
202306 8.530 127.663 9.123
202309 1.507 128.151 1.606
202312 0.864 129.395 0.912
202403 0.811 130.607 0.848
202406 0.998 130.792 1.042
202409 0.225 130.361 0.236
202412 4.134 131.432 4.295
202503 0.405 131.948 0.419
202506 0.085 133.241 0.087
202509 0.864 133.819 0.882
202512 3.570 135.271 3.603
202603 0.142 136.539 0.142

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 4.95 mean?
PT Bekasi Asri Pemula Tbk (ISX:BAPA) has a Cyclically Adjusted PS Ratio of 4.95 as of Jul. 29, 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 Bekasi Asri Pemula Tbk and its competitors. This is 246% above median its historical median of 1.43. Over the past decade, PT Bekasi Asri Pemula Tbk's Cyclically Adjusted PS Ratio has ranged from 0.92 to 10.82. According to the industry distribution chart, PT Bekasi Asri Pemula Tbk ranks #1062 out of 1356 companies in the Real Estate industry, placing it in the top 78.3%.
Is PT Bekasi Asri Pemula Tbk's Cyclically Adjusted PS Ratio too high?
PT Bekasi Asri Pemula Tbk's current Cyclically Adjusted PS Ratio of 4.95 is 246% above median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 10.82. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. PT Bekasi Asri Pemula Tbk's value of 4.95 is 178.1% above this industry median. Based on the distribution chart, PT Bekasi Asri Pemula Tbk ranks #1062 out of 1356 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PT Bekasi Asri Pemula Tbk has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Bekasi Asri Pemula Tbk's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT Bekasi Asri Pemula Tbk ranks #1062 out of 1356 companies for Cyclically Adjusted PS Ratio. This places PT Bekasi Asri Pemula Tbk in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.78. PT Bekasi Asri Pemula Tbk's value of 4.95 is 178.1% above this benchmark. Historically, PT Bekasi Asri Pemula Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.92 to 10.82 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 1.78, PT Bekasi Asri Pemula 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,356 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 Bekasi Asri Pemula Tbk's current Cyclically Adjusted PS Ratio of 4.95 is 178.1% 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 Bekasi Asri Pemula Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bekasi Asri Pemula Tbk's current Cyclically Adjusted PS Ratio is 4.95, which is 246% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bekasi Asri Pemula Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bekasi Asri Pemula Tbk (ISX:BAPA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp50.57, compared to a current price of Rp173.00 — trading 242.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.95, which is 246% above median its 10-year median of 1.43 and 178.1% above the Real Estate industry median of 1.78. PT Bekasi Asri Pemula Tbk's overall GF Score™ is 35/100 with 4 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 Bekasi Asri Pemula Tbk (ISX:BAPA), the current Cyclically Adjusted PS Ratio is 4.95 as of Jul. 29, 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 Bekasi Asri Pemula Tbk (ISX:BAPA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bekasi Asri Pemula Tbk stock appears to be overvalued. The current stock price of Rp173.00 is trading 242.1% above its estimated GF Value™ of Rp50.57. GuruFocus considers PT Bekasi Asri Pemula Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BAPA:

  • Cyclically Adjusted PS Ratio: 4.95 (246% above median its 10-year median of 1.43)
  • GF Value™: Rp50.57 vs. price of Rp173.00 (242.1% above fair value)
  • GF Score™: 35/100 with 4 warning signs
  • Industry Position: 178.1% above the Real Estate median (#1062 of 1356)

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


PT Bekasi Asri Pemula Tbk Business Description

Address Jalan Arjuna No. 1, 2nd Floor, Gedung Tomang Tol Building, Tanjung Duren Selatan, West Jakarta, Jakarta, IDN, 11470
PT Bekasi Asri Pemula Tbk operates as a real estate development company in Indonesia. The company also focuses on activities in the fields of trade, development, industry, printing, agribusiness, mining, and transportation services. The company projects include Taman Alamanda, Alamanda Regency, and Bumi Serpong Residence.
35GF Score

Get the complete analysis for ISX:BAPA

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

Rp173.00
Price
Rp50.57
GF Value