PT Citra Putra Realty Tbk (ISX:CLAY) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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:CLAY PT Citra Putra Realty Tbk ISX:CLAY
66 GF Score
Price Rp2,740.00
GF Value Rp434.04
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is PT Citra Putra Realty Tbk Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Citra Putra Realty Tbk  (ISX:CLAY) 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 Citra Putra Realty Tbk Cyclically Adjusted PS Ratio Related Terms


PT Citra Putra Realty Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Citra Putra Realty 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 Citra Putra Realty Tbk Cyclically Adjusted PS Ratio Chart

PT Citra Putra Realty 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 - - - 3.74 33.88

PT Citra Putra Realty Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 14.57 46.57 33.88 41.46 37.84

ISX:CLAY vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, PT Citra Putra Realty 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 Citra Putra Realty Tbk Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, PT Citra Putra Realty Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Citra Putra Realty Tbk's Cyclically Adjusted PS Ratio falls into.


ISX:CLAY
66GF Score
PT Citra Putra Realty Tbk ISX:CLAY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Citra Putra Realty 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 Citra Putra Realty Tbk's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, PT Citra Putra Realty Tbk's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=55.264/135.2711*135.2711
=55.264

Current CPI (Dec25) = 135.2711.

PT Citra Putra Realty Tbk Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 72.010 105.222 92.575
201712 66.393 109.017 82.382
201812 75.346 112.430 90.653
201912 72.966 115.486 85.467
202012 26.634 117.318 30.710
202112 15.205 119.516 17.209
202212 49.115 126.098 52.688
202312 87.379 129.395 91.347
202412 89.741 131.432 92.363
202512 55.264 135.271 55.264

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.

Is PT Citra Putra Realty Tbk (ISX:CLAY) Overvalued in 2026?

Based on GuruFocus' analysis, PT Citra Putra Realty Tbk stock appears to be overvalued. The current stock price of Rp2,740.00 is trading 531.3% above its estimated GF Value™ of Rp434.04. GuruFocus considers PT Citra Putra Realty Tbk to be Significantly Overvalued.

Key valuation signals for ISX:CLAY:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: Rp434.04 vs. price of Rp2,740.00 (531.3% above fair value)
  • GF Score™: 66/100 with 2 warning signs

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


PT Citra Putra Realty Tbk Business Description

Address Jl. M.H. Thamrin No. 81, 18th Floor, The City Tower, Dukuh Atas, Kota Jakarta Pusat, Daerah Khusus Ibukota, Menteng, Central Jakarta, IDN, 10310
PT Citra Putra Realty Tbk is engaged in the hotel and hospitality business segments in Jakarta, Indonesia. The company's property portfolio includes The Stones Hotel Legian Bali, and Clay Hotel Jakarta. The maximum revenue is gained from the Hotel Segment, which has three operating segments: Rent Rooms, Food and Beverages, and Other. Geographically, Hotels are located in Jakarta as Clay Hotel, The Stones Legian Hotel in Bali, and Rumah Sakit Oso in Pontianak, hence within Indonesia.
66GF Score

Get the complete analysis for ISX:CLAY

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

Rp2,740.00
Price
Rp434.04
GF Value