PT Bank Kasikorn Indonesia Tbk (ISX:BMAS) Cyclically Adjusted PS Ratio: 13.55 (As of Jul. 19, 2026) — 24% Below Median

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ISX:BMAS PT Bank Kasikorn Indonesia Tbk ISX:BMAS
47 GF Score
Price Rp500.00
GF Value Rp614.36
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Bank Kasikorn Indonesia Tbk Cyclically Adjusted PS Ratio?

PT Bank Kasikorn Indonesia Tbk ISX:BMAS +5.49% 47 Cyclically Adjusted PS Ratio is 13.55 as of Jul. 19, 2026, which is 24% below its 10-year median of 17.84. GuruFocus rates ISX:BMAS with a GF Score™ of 47/100 and a GF Value™ of Rp614.36 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,303 Banks companies, PT Bank Kasikorn Indonesia Tbk ranks worse than 98.16% on this metric.

As of today (2026-07-19), PT Bank Kasikorn Indonesia Tbk's current share price is Rp500.00. PT Bank Kasikorn Indonesia Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was Rp36.90. PT Bank Kasikorn Indonesia Tbk's Cyclically Adjusted PS Ratio for today is 13.55.

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

ISX:BMAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 12.63   Med: 17.84   Max: 35.73
Current: 13.55

During the past years, PT Bank Kasikorn Indonesia Tbk's highest Cyclically Adjusted PS Ratio was 35.73. The lowest was 12.63. And the median was 17.84.

ISX:BMAS's Cyclically Adjusted PS Ratio is ranked worse than
98.16% of 1303 companies
in the Banks industry
Industry Median: 3.39 vs ISX:BMAS: 13.55

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 Bank Kasikorn Indonesia Tbk's adjusted revenue per share data for the three months ended in Mar. 2026 was Rp10.608. 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 Rp36.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bank Kasikorn Indonesia Tbk  (ISX:BMAS) 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 Kasikorn Indonesia Tbk Cyclically Adjusted PS Ratio Related Terms


PT Bank Kasikorn Indonesia Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Bank Kasikorn Indonesia 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 Bank Kasikorn Indonesia Tbk Cyclically Adjusted PS Ratio Chart

PT Bank Kasikorn Indonesia 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 22.22 18.34 17.29 17.88

PT Bank Kasikorn Indonesia 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 13.34 17.29 20.45 17.88 14.64

PT Bank Kasikorn Indonesia Tbk Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, PT Bank Kasikorn Indonesia 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 Kasikorn Indonesia Tbk Cyclically Adjusted PS Ratio vs Banks Industry

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

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


ISX:BMAS
47GF Score
PT Bank Kasikorn Indonesia Tbk ISX:BMAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bank Kasikorn Indonesia 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 Kasikorn Indonesia Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=500.00/36.90
=13.55

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

For example, PT Bank Kasikorn Indonesia 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)
=10.608/136.5387*136.5387
=10.608

Current CPI (Mar. 2026) = 136.5387.

PT Bank Kasikorn Indonesia Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.400 103.212 8.467
201609 6.634 104.142 8.698
201612 7.401 105.222 9.604
201703 6.141 106.476 7.875
201706 6.168 107.722 7.818
201709 5.716 108.020 7.225
201712 5.928 109.017 7.425
201803 5.740 110.097 7.119
201806 6.001 111.085 7.376
201809 5.855 111.135 7.193
201812 6.347 112.430 7.708
201903 5.933 112.829 7.180
201906 6.064 114.730 7.217
201909 6.464 114.905 7.681
201912 6.558 115.486 7.754
202003 6.173 116.252 7.250
202006 6.098 116.630 7.139
202009 5.800 116.397 6.804
202012 8.692 117.318 10.116
202103 6.857 117.840 7.945
202106 7.369 118.184 8.513
202109 7.053 118.262 8.143
202112 9.484 119.516 10.835
202203 9.631 120.948 10.872
202206 10.620 123.322 11.758
202209 10.938 125.298 11.919
202212 9.050 126.098 9.799
202303 8.975 126.953 9.653
202306 9.516 127.663 10.178
202309 10.839 128.151 11.548
202312 9.513 129.395 10.038
202403 10.916 130.607 11.412
202406 10.718 130.792 11.189
202409 10.717 130.361 11.225
202412 10.839 131.432 11.260
202503 10.904 131.948 11.283
202506 10.995 133.241 11.267
202509 12.522 133.819 12.776
202512 8.999 135.271 9.083
202603 10.608 136.539 10.608

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 13.55 mean?
PT Bank Kasikorn Indonesia Tbk (ISX:BMAS) has a Cyclically Adjusted PS Ratio of 13.55 as of Jul. 19, 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 Bank Kasikorn Indonesia Tbk and its competitors. This is 24% below median its historical median of 17.84. Over the past decade, PT Bank Kasikorn Indonesia Tbk's Cyclically Adjusted PS Ratio has ranged from 12.63 to 35.73. According to the industry distribution chart, PT Bank Kasikorn Indonesia Tbk ranks #1279 out of 1303 companies in the Banks industry, placing it in the top 98.2%.
Is PT Bank Kasikorn Indonesia Tbk's Cyclically Adjusted PS Ratio too high?
PT Bank Kasikorn Indonesia Tbk's current Cyclically Adjusted PS Ratio of 13.55 is 24% below median its 10-year median of 17.84. Over the past 10 years, this metric has ranged from a low of 12.63 to a high of 35.73. The Banks industry median Cyclically Adjusted PS Ratio is 3.39. PT Bank Kasikorn Indonesia Tbk's value of 13.55 is 299.7% above this industry median. Based on the distribution chart, PT Bank Kasikorn Indonesia Tbk ranks #1279 out of 1303 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, PT Bank Kasikorn Indonesia Tbk has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank Kasikorn Indonesia Tbk's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, PT Bank Kasikorn Indonesia Tbk ranks #1279 out of 1303 companies for Cyclically Adjusted PS Ratio. This places PT Bank Kasikorn Indonesia Tbk in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.39. PT Bank Kasikorn Indonesia Tbk's value of 13.55 is 299.7% above this benchmark. Historically, PT Bank Kasikorn Indonesia Tbk's own Cyclically Adjusted PS Ratio has ranged from 12.63 to 35.73 over the past decade. While the company's 10-year median is 17.84 vs. the industry median of 3.39, PT Bank Kasikorn Indonesia 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 Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.39, based on 1,303 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 Bank Kasikorn Indonesia Tbk's current Cyclically Adjusted PS Ratio of 13.55 is 299.7% 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 Bank Kasikorn Indonesia Tbk and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bank Kasikorn Indonesia Tbk's current Cyclically Adjusted PS Ratio is 13.55, which is 24% below median its own 10-year median of 17.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Kasikorn Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Kasikorn Indonesia Tbk (ISX:BMAS) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp614.36, compared to a current price of Rp500.00 — trading 18.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 13.55, which is 24% below median its 10-year median of 17.84 and 299.7% above the Banks industry median of 3.39. PT Bank Kasikorn Indonesia Tbk's overall GF Score™ is 47/100 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 Bank Kasikorn Indonesia Tbk (ISX:BMAS), the current Cyclically Adjusted PS Ratio is 13.55 as of Jul. 19, 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 Bank Kasikorn Indonesia Tbk (ISX:BMAS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Kasikorn Indonesia Tbk stock appears to be undervalued. The current stock price of Rp500.00 is trading 18.6% below its estimated GF Value™ of Rp614.36. GuruFocus considers PT Bank Kasikorn Indonesia Tbk to be Modestly Undervalued.

Key valuation signals for ISX:BMAS:

  • Cyclically Adjusted PS Ratio: 13.55 (24% below median its 10-year median of 17.84)
  • GF Value™: Rp614.36 vs. price of Rp500.00 (18.6% below fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 299.7% above the Banks median (#1279 of 1303)

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


PT Bank Kasikorn Indonesia Tbk Business Description

Address Jl. Embong Malang, No. 21-31, Tunjungan Plaza 6 Lt. 32 & 33, Kel. Kedungdoro, Kec. Tegalsari, Surabaya, IDN, 60261
PT Bank Maspion Indonesia Tbk is a commercial bank offering banking products and financial services in Indonesia. It provides general banking services like accepting deposits, granting loans, Savings, Trade finance others. Its geographic segments are Jakarta, West Java, Central Java, East Java, Bali, Sulawesi, and Sumatera. The company generates the majority of its revenue from Jakarta region.
47GF Score

Get the complete analysis for ISX:BMAS

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

Rp500.00
Price
Rp614.36
GF Value