PT Elang Mahkota Teknologi Tbk (ISX:EMTK) Cyclically Adjusted PS Ratio: (As of Aug. 06, 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.
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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:EMTK PT Elang Mahkota Teknologi Tbk ISX:EMTK
65 GF Score
Price Rp530.00
GF Value Rp971.49
Valuation Significantly Undervalued
! 6 Warning Signs
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What is PT Elang Mahkota Teknologi Tbk Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Elang Mahkota Teknologi Tbk  (ISX:EMTK) 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 Elang Mahkota Teknologi Tbk Cyclically Adjusted PS Ratio Related Terms


PT Elang Mahkota Teknologi Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi Tbk Cyclically Adjusted PS Ratio Chart

PT Elang Mahkota Teknologi 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 13.89 5.81 3.24 2.58 5.11

PT Elang Mahkota Teknologi 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 2.42 6.12 5.11 3.48 0.00

ISX:EMTK vs NXST: Cyclically Adjusted PS Ratio Comparison

For the Broadcasting subindustry, PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi Tbk Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Elang Mahkota Teknologi Tbk's Cyclically Adjusted PS Ratio falls into.


ISX:EMTK
65GF Score
PT Elang Mahkota Teknologi Tbk ISX:EMTK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Elang Mahkota Teknologi 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 Elang Mahkota Teknologi Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Elang Mahkota Teknologi 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)
=81.696/137.6954*137.6954
=81.696

Current CPI (Jun. 2026) = 137.6954.

PT Elang Mahkota Teknologi Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 32.928 104.142 43.537
201612 35.715 105.222 46.737
201703 34.106 106.476 44.106
201706 41.226 107.722 52.697
201709 32.945 108.020 41.996
201712 26.348 109.017 33.279
201803 33.310 110.097 41.660
201806 39.554 111.085 49.029
201809 43.361 111.135 53.724
201812 42.634 112.430 52.215
201903 46.887 112.829 57.221
201906 48.899 114.730 58.687
201909 48.114 114.905 57.657
201912 51.647 115.486 61.579
202003 46.141 116.252 54.652
202006 48.658 116.630 57.447
202009 56.912 116.397 67.326
202012 63.547 117.318 74.585
202103 56.725 117.840 66.283
202106 55.443 118.184 64.596
202109 52.254 118.262 60.841
202112 53.731 119.516 61.904
202203 55.675 120.948 63.384
202206 61.072 123.322 68.190
202209 -1.976 125.298 -2.172
202212 47.160 126.098 51.497
202303 35.982 126.953 39.027
202306 34.518 127.663 37.231
202309 40.474 128.151 43.488
202312 40.526 129.395 43.126
202403 40.711 130.607 42.920
202406 46.834 130.792 49.306
202409 55.316 130.361 58.428
202412 57.451 131.432 60.189
202503 64.575 131.948 67.388
202506 79.653 133.241 82.316
202509 81.010 133.819 83.357
202512 87.552 135.271 89.121
202603 95.261 136.539 96.068
202606 81.696 137.695 81.696

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 Elang Mahkota Teknologi Tbk (ISX:EMTK) Overvalued in 2026?

Based on GuruFocus' analysis, PT Elang Mahkota Teknologi Tbk stock appears to be undervalued. The current stock price of Rp530.00 is trading 45.4% below its estimated GF Value™ of Rp971.49. GuruFocus considers PT Elang Mahkota Teknologi Tbk to be Significantly Undervalued.

Key valuation signals for ISX:EMTK:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: Rp971.49 vs. price of Rp530.00 (45.4% below fair value)
  • GF Score™: 65/100 with 6 warning signs

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


PT Elang Mahkota Teknologi Tbk Business Description

Address Jalan Asia Afrika Lot 19, SCTV Tower, 18th Floor, Senayan City, Jakarta, IDN, 10270
PT Elang Mahkota Teknologi Tbk is an Indonesian integrated group engaged in services, trading, construction, and industry. The group is engaged in media, health, aviation support services, Digital Products and Services Segment and other business segments through its investments in several subsidiaries. The majority of the revenue is generated from media segment.
65GF Score

Get the complete analysis for ISX:EMTK

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

Rp530.00
Price
Rp971.49
GF Value