GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PT Bank Negara Indonesia (Persero) Tbk (ISX:BBNI) » Definitions » Cyclically Adjusted PS Ratio

PT Bank Negara Indonesia (Persero) Tbk (ISX:BBNI) Cyclically Adjusted PS Ratio : 2.70 (As of Jun. 02, 2025)


View and export this data going back to 1996. Start your Free Trial

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

As of today (2025-06-02), PT Bank Negara Indonesia (Persero) Tbk's current share price is Rp4370.00. PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was Rp1,620.09. PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio for today is 2.70.

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

ISX:BBNI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.45   Med: 3.08   Max: 4.17
Current: 2.77

During the past years, PT Bank Negara Indonesia (Persero) Tbk's highest Cyclically Adjusted PS Ratio was 4.17. The lowest was 1.45. And the median was 3.08.

ISX:BBNI's Cyclically Adjusted PS Ratio is ranked worse than
51.2% of 1246 companies
in the Banks industry
Industry Median: 2.72 vs ISX:BBNI: 2.77

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 Negara Indonesia (Persero) Tbk's adjusted revenue per share data for the three months ended in Mar. 2025 was Rp369.485. 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 Rp1,620.09 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

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

PT Bank Negara Indonesia (Persero) Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.61 2.63 3.22 3.51 2.70

PT Bank Negara Indonesia (Persero) Tbk Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.78 2.98 3.39 2.70 2.62

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

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

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

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


;
;

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4370.00/1620.09
=2.70

* 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 Negara Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, PT Bank Negara Indonesia (Persero) Tbk's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=369.485/131.9484*131.9484
=369.485

Current CPI (Mar. 2025) = 131.9484.

PT Bank Negara Indonesia (Persero) Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 222.635 99.766 294.452
201509 227.931 101.037 297.666
201512 286.755 102.133 370.467
201603 269.731 102.764 346.333
201606 271.806 103.212 347.482
201609 323.722 104.142 410.156
201612 323.362 105.222 405.496
201703 308.187 106.476 381.915
201706 313.118 107.722 383.539
201709 334.996 108.020 409.202
201712 333.788 109.017 404.000
201803 323.225 110.097 387.379
201806 332.650 111.085 395.128
201809 349.980 111.135 415.526
201812 363.122 112.430 426.162
201903 362.673 112.829 424.132
201906 342.703 114.730 394.134
201909 360.061 114.905 413.469
201912 385.572 115.486 440.535
202003 360.134 116.252 408.758
202006 327.141 116.630 370.109
202009 353.776 116.397 401.044
202012 416.939 117.318 468.934
202103 369.581 117.840 413.830
202106 339.864 118.184 379.447
202109 427.939 118.262 477.465
202112 394.826 119.516 435.897
202203 394.473 120.948 430.350
202206 340.332 123.322 364.137
202209 475.131 125.298 500.348
202212 434.502 126.098 454.662
202303 397.752 126.953 413.405
202306 344.163 127.663 355.716
202309 485.777 128.151 500.170
202312 424.695 129.395 433.077
202403 389.419 130.607 393.419
202406 330.621 130.792 333.545
202409 489.662 130.361 495.625
202412 452.516 131.432 454.296
202503 369.485 131.948 369.485

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 Negara Indonesia (Persero) Tbk  (ISX:BBNI) 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 Negara Indonesia (Persero) Tbk Cyclically Adjusted PS Ratio Related Terms

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


PT Bank Negara Indonesia (Persero) Tbk Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman Kavling 1, Gedung Grha BNI, Jakarta Pusat, Jakarta, IDN, 10220
PT Bank Negara Indonesia (Persero) Tbk is an Indonesian state-owned bank, with the government holding just over half of the bank's outstanding shares. Its main banking activities include deposit-taking, providing credit, issuing debt instruments, money transfer services, secondary market services, wholesale banking, custody banking, capital investment, and other services. Its segments include Wholesale & International Banking, Institutional Banking, Enterprises & Commercial Banking, Retail Banking and Treasury. It generates the majority of its revenue from the Wholesale & International Banking segment which includes loans, customer deposits, and other transactions belonging to corporate customers, both BUMN and private business entities.

PT Bank Negara Indonesia (Persero) Tbk Headlines

No Headlines