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PT Bank BTPN Tbk (ISX:BTPN) Cyclically Adjusted PS Ratio : 1.37 (As of May. 21, 2024)


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What is PT Bank BTPN Tbk Cyclically Adjusted PS Ratio?

As of today (2024-05-21), PT Bank BTPN Tbk's current share price is Rp2430.00. PT Bank BTPN Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Rp1,772.38. PT Bank BTPN Tbk's Cyclically Adjusted PS Ratio for today is 1.37.

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

ISX:BTPN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.52   Max: 2.08
Current: 1.38

During the past years, PT Bank BTPN Tbk's highest Cyclically Adjusted PS Ratio was 2.08. The lowest was 1.05. And the median was 1.52.

ISX:BTPN's Cyclically Adjusted PS Ratio is ranked better than
78.76% of 1196 companies
in the Banks industry
Industry Median: 2.4 vs ISX:BTPN: 1.38

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 BTPN Tbk's adjusted revenue per share data for the three months ended in Mar. 2024 was Rp369.467. 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 Rp1,772.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bank BTPN Tbk Cyclically Adjusted PS Ratio Historical Data

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

PT Bank BTPN 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 2.05 1.95 1.58 1.52 1.47

PT Bank BTPN 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 1.42 1.54 1.53 1.47 1.47

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

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

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

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2430.00/1772.38
=1.37

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

For example, PT Bank BTPN 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)
=369.467/130.6070*130.6070
=369.467

Current CPI (Mar. 2024) = 130.6070.

PT Bank BTPN Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 333.310 93.015 468.018
201409 323.236 94.576 446.381
201412 314.388 98.819 415.518
201503 327.324 98.388 434.514
201506 322.981 99.766 422.825
201509 342.624 101.037 442.900
201512 352.865 102.133 451.242
201603 357.583 102.764 454.467
201606 387.236 103.212 490.017
201609 372.162 104.142 466.736
201612 427.321 105.222 530.413
201703 411.826 106.476 505.160
201706 409.033 107.722 495.932
201709 403.700 108.020 488.112
201712 408.357 109.017 489.229
201803 421.441 110.097 499.954
201806 418.071 111.085 491.544
201809 416.745 111.135 489.765
201812 404.320 112.430 469.688
201903 356.706 112.829 412.913
201906 377.125 114.730 429.313
201909 380.322 114.905 432.295
201912 383.980 115.486 434.256
202003 389.296 116.252 437.366
202006 344.662 116.630 385.967
202009 345.931 116.397 388.164
202012 358.975 117.318 399.637
202103 381.887 117.840 423.262
202106 383.993 118.184 424.357
202109 379.750 118.262 419.392
202112 395.897 119.516 432.636
202203 390.053 120.948 421.202
202206 402.425 123.322 426.196
202209 410.263 125.298 427.645
202212 413.039 126.098 427.809
202303 406.852 126.953 418.564
202306 415.786 127.663 425.375
202309 418.037 128.151 426.047
202312 405.703 129.395 409.504
202403 369.467 130.607 369.467

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 BTPN Tbk  (ISX:BTPN) 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 BTPN Tbk Cyclically Adjusted PS Ratio Related Terms

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


PT Bank BTPN Tbk (ISX:BTPN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Dr. Ide Anak Agung Gde Agung, Menara BTPN, CBD Mega Kuningan, Kavling 5.5 - 5.6, Jakarta Selatan, Jakarta, IDN, 12950
PT Bank BTPN Tbk is a foreign exchange bank that offers products and services such as investment loans, term loans, project finance loans, time deposits, savings deposits, cash management, and others. Its segments are Retail includes loans to pensioners and other individuals customers; MSME includes loans to micro, small & medium enterprise customers for commercial purposes; Funding and treasury include raising funds from a third party and other banks, and centralized treasury operations including borrowings and securities issued; Corporate includes loans and services from corporate; and Sharia includes financing and third party fund from sharia customers which relates to commercial purpose.

PT Bank BTPN Tbk (ISX:BTPN) Headlines

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