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PT Bank Maybank Indonesia Tbk (ISX:BNII) Cyclically Adjusted PS Ratio : 1.49 (As of May. 16, 2024)


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What is PT Bank Maybank Indonesia Tbk Cyclically Adjusted PS Ratio?

As of today (2024-05-16), PT Bank Maybank Indonesia Tbk's current share price is Rp228.00. PT Bank Maybank Indonesia Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Rp153.05. PT Bank Maybank Indonesia Tbk's Cyclically Adjusted PS Ratio for today is 1.49.

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

ISX:BNII' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.62   Max: 2.76
Current: 1.52

During the past years, PT Bank Maybank Indonesia Tbk's highest Cyclically Adjusted PS Ratio was 2.76. The lowest was 0.80. And the median was 1.62.

ISX:BNII's Cyclically Adjusted PS Ratio is ranked better than
74.6% of 1193 companies
in the Banks industry
Industry Median: 2.42 vs ISX:BNII: 1.52

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 Maybank Indonesia Tbk's adjusted revenue per share data for the three months ended in Mar. 2024 was Rp27.488. 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 Rp153.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bank Maybank Indonesia Tbk Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PT Bank Maybank 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.

* Premium members only.

PT Bank Maybank Indonesia Tbk Cyclically Adjusted PS Ratio Chart

PT Bank Maybank Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 2.19 2.11 1.44 1.57

PT Bank Maybank Indonesia Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.46 1.64 1.71 1.57 1.69

Competitive Comparison of PT Bank Maybank Indonesia Tbk's Cyclically Adjusted PS Ratio

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

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

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



PT Bank Maybank 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 Maybank Indonesia Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=228.00/153.05
=1.49

* 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 Maybank Indonesia Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Bank Maybank Indonesia Tbk's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=27.488/130.6070*130.6070
=27.488

Current CPI (Mar. 2024) = 130.6070.

PT Bank Maybank Indonesia Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 31.324 93.015 43.984
201409 33.246 94.576 45.912
201412 15.745 98.819 20.810
201503 31.443 98.388 41.740
201506 31.497 99.766 41.234
201509 32.704 101.037 42.275
201512 40.136 102.133 51.326
201603 30.850 102.764 39.209
201606 43.125 103.212 54.571
201609 38.353 104.142 48.099
201612 39.273 105.222 48.748
201703 35.910 106.476 44.048
201706 42.362 107.722 51.362
201709 38.727 108.020 46.825
201712 38.353 109.017 45.949
201803 36.571 110.097 43.384
201806 34.052 111.085 40.036
201809 34.838 111.135 40.942
201812 37.712 112.430 43.809
201903 34.215 112.829 39.606
201906 35.440 114.730 40.344
201909 37.391 114.905 42.501
201912 37.152 115.486 42.016
202003 35.121 116.252 39.458
202006 33.531 116.630 37.549
202009 29.630 116.397 33.247
202012 30.997 117.318 34.508
202103 29.765 117.840 32.990
202106 29.837 118.184 32.973
202109 32.478 118.262 35.868
202112 30.112 119.516 32.906
202203 28.702 120.948 30.994
202206 27.674 123.322 29.309
202209 30.762 125.298 32.065
202212 28.892 126.098 29.925
202303 30.122 126.953 30.989
202306 29.847 127.663 30.535
202309 32.084 128.151 32.699
202312 28.235 129.395 28.500
202403 27.488 130.607 27.488

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 Maybank Indonesia Tbk  (ISX:BNII) 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 Maybank Indonesia Tbk Cyclically Adjusted PS Ratio Related Terms

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


PT Bank Maybank Indonesia Tbk (ISX:BNII) Business Description

Traded in Other Exchanges
Address
Jalan Asia Afrika Number 8, Sentral Senayan III, Gelora Bung Karno, Jakarta Pusat, Jakarta, IDN, 10270
PT Bank Maybank Indonesia Tbk is an Indonesia-based company primarily engaged in the banking sector. It provides commercial banking services to individuals and corporations. The company's operating segment includes Global Banking; Business Banking and Retail. It generates maximum revenue from the Global Banking segment.

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