PT Dharmatya Nusantara Tbk (ISX:DSNG) Cyclically Adjusted PS Ratio: 1.65 (As of Aug. 07, 2026) — 53% Above Median

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:DSNG PT Dharma Satya Nusantara Tbk ISX:DSNG
95 GF Score
Price Rp1,380.00
GF Value Rp1,090.17
Valuation Modestly Overvalued
View Full Analysis

What is PT Dharmatya Nusantara Tbk Cyclically Adjusted PS Ratio?

PT Dharmatya Nusantara Tbk ISX:DSNG +2.22% 95 Cyclically Adjusted PS Ratio is 1.65 as of Aug. 07, 2026, which is 53% above its 10-year median of 1.08. GuruFocus rates ISX:DSNG with a GF Score™ of 95/100 and a GF Value™ of Rp1,090.17 (Modestly Overvalued). Among 1,447 Consumer Packaged Goods companies, PT Dharmatya Nusantara Tbk ranks worse than 72.84% on this metric.

As of today (2026-08-07), PT Dharmatya Nusantara Tbk's current share price is Rp1380.00. PT Dharmatya Nusantara Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp837.47. PT Dharmatya Nusantara Tbk's Cyclically Adjusted PS Ratio for today is 1.65.

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

ISX:DSNG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.08   Max: 2.48
Current: 1.64

During the past years, PT Dharmatya Nusantara Tbk's highest Cyclically Adjusted PS Ratio was 2.48. The lowest was 0.77. And the median was 1.08.

ISX:DSNG's Cyclically Adjusted PS Ratio is ranked worse than
72.84% of 1447 companies
in the Consumer Packaged Goods industry
Industry Median: 0.75 vs ISX:DSNG: 1.64

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 Dharmatya Nusantara Tbk's adjusted revenue per share data for the three months ended in Jun. 2026 was Rp321.127. 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 Rp837.47 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Dharmatya Nusantara Tbk  (ISX:DSNG) 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 Dharmatya Nusantara Tbk Cyclically Adjusted PS Ratio Related Terms


PT Dharmatya Nusantara Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Dharmatya Nusantara 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 Dharmatya Nusantara Tbk Cyclically Adjusted PS Ratio Chart

PT Dharmatya Nusantara 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 0.92 0.98 0.84 1.35 1.96

PT Dharmatya Nusantara 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 1.05 2.17 1.96 2.08 1.33

ISX:DSNG vs ADM, BG, TSN: Cyclically Adjusted PS Ratio Comparison

For the Farm Products subindustry, PT Dharmatya Nusantara 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 Dharmatya Nusantara Tbk Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Dharmatya Nusantara Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:DSNG
95GF Score
PT Dharma Satya Nusantara Tbk ISX:DSNG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Dharmatya Nusantara 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 Dharmatya Nusantara Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1380.00/837.47
=1.65

* 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 Dharmatya Nusantara Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Dharmatya Nusantara Tbk's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=321.127/137.6954*137.6954
=321.127

Current CPI (Jun. 2026) = 137.6954.

PT Dharmatya Nusantara Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 74.087 104.142 97.957
201612 117.982 105.222 154.394
201703 118.053 106.476 152.667
201706 136.481 107.722 174.457
201709 108.819 108.020 138.713
201712 124.170 109.017 156.835
201803 90.844 110.097 113.617
201806 109.441 111.085 135.658
201809 114.631 111.135 142.028
201812 134.317 112.430 164.501
201903 129.392 112.829 157.909
201906 114.281 114.730 137.156
201909 130.676 114.905 156.595
201912 166.856 115.486 198.945
202003 150.002 116.252 177.670
202006 147.182 116.630 173.766
202009 116.142 116.397 137.394
202012 218.656 117.318 256.635
202103 154.401 117.840 180.417
202106 156.667 118.184 182.532
202109 165.602 118.262 192.815
202112 195.462 119.516 225.193
202203 155.157 120.948 176.641
202206 202.129 123.322 225.687
202209 264.024 125.298 290.146
202212 287.540 126.098 313.986
202303 194.944 126.953 211.440
202306 216.152 127.663 233.138
202309 208.172 128.151 223.675
202312 276.854 129.395 294.614
202403 210.424 130.607 221.844
202406 233.287 130.792 245.601
202409 232.895 130.361 245.998
202412 278.051 131.432 291.303
202503 252.722 131.948 263.729
202506 320.953 133.241 331.684
202509 270.199 133.819 278.026
202512 317.910 135.271 323.608
202603 272.301 136.539 274.608
202606 321.127 137.695 321.127

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 1.65 mean?
PT Dharmatya Nusantara Tbk (ISX:DSNG) has a Cyclically Adjusted PS Ratio of 1.65 as of Aug. 07, 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 Dharmatya Nusantara Tbk and its competitors. This is 53% above median its historical median of 1.08. Over the past decade, PT Dharmatya Nusantara Tbk's Cyclically Adjusted PS Ratio has ranged from 0.77 to 2.48. According to the industry distribution chart, PT Dharmatya Nusantara Tbk ranks #1054 out of 1447 companies in the Consumer Packaged Goods industry, placing it in the top 72.8%.
Is PT Dharmatya Nusantara Tbk's Cyclically Adjusted PS Ratio too high?
PT Dharmatya Nusantara Tbk's current Cyclically Adjusted PS Ratio of 1.65 is 53% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 2.48. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.75. PT Dharmatya Nusantara Tbk's value of 1.65 is 120% above this industry median. Based on the distribution chart, PT Dharmatya Nusantara Tbk ranks #1054 out of 1447 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, PT Dharmatya Nusantara Tbk has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Dharmatya Nusantara Tbk's Cyclically Adjusted PS Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Dharmatya Nusantara Tbk ranks #1054 out of 1447 companies for Cyclically Adjusted PS Ratio. This places PT Dharmatya Nusantara Tbk in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. PT Dharmatya Nusantara Tbk's value of 1.65 is 120% above this benchmark. Historically, PT Dharmatya Nusantara Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.77 to 2.48 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.75, PT Dharmatya Nusantara 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.75, based on 1,447 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 Dharmatya Nusantara Tbk's current Cyclically Adjusted PS Ratio of 1.65 is 120% 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 Dharmatya Nusantara Tbk and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Dharmatya Nusantara Tbk's current Cyclically Adjusted PS Ratio is 1.65, which is 53% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Dharmatya Nusantara Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Dharmatya Nusantara Tbk (ISX:DSNG) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp1,090.17, compared to a current price of Rp1,380.00 — trading 26.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.65, which is 53% above median its 10-year median of 1.08 and 120% above the Consumer Packaged Goods industry median of 0.75. PT Dharmatya Nusantara Tbk's overall GF Score™ is 95/100. 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 Dharmatya Nusantara Tbk (ISX:DSNG), the current Cyclically Adjusted PS Ratio is 1.65 as of Aug. 07, 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 Dharmatya Nusantara Tbk (ISX:DSNG) Overvalued in 2026?

Based on GuruFocus' analysis, PT Dharmatya Nusantara Tbk stock appears to be overvalued. The current stock price of Rp1,380.00 is trading 26.6% above its estimated GF Value™ of Rp1,090.17. GuruFocus considers PT Dharmatya Nusantara Tbk to be Modestly Overvalued.

Key valuation signals for ISX:DSNG:

  • Cyclically Adjusted PS Ratio: 1.65 (53% above median its 10-year median of 1.08)
  • GF Value™: Rp1,090.17 vs. price of Rp1,380.00 (26.6% above fair value)
  • GF Score™: 95/100
  • Industry Position: 120% above the Consumer Packaged Goods median (#1054 of 1447)

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


PT Dharmatya Nusantara Tbk Business Description

Address Jl. Pulo Ayang Kav. OR 3, Kawasan Industri Pulogadung, Kelurahan Jatinegara, Kecamatan Cakung, Jakarta, IDN, 13930
PT Dharma Satya Nusantara Tbk is engaged in forestry, agriculture and plantation, transportation, plant construction, service, and trading industries. Its segments include Palm oil, Wood Products and renewable energy. The company generates its revenue from the Palm Oil segment. Geographically, the company operates in Indonesia, the United States of America, Europe, and the Asia Pacific. It derives a majority of its revenue from Indonesia.
95GF Score

Get the complete analysis for ISX:DSNG

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

Rp1,380.00
Price
Rp1,090.17
GF Value