PT Essa Industries Indonesia Tbk (ISX:ESSA) Cyclically Adjusted PS Ratio: 2.14 (As of Jul. 18, 2026) — 36% Below Median

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ISX:ESSA PT Essa Industries Indonesia Tbk ISX:ESSA
88 GF Score
Price Rp595.00
GF Value Rp857.27
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is PT Essa Industries Indonesia Tbk Cyclically Adjusted PS Ratio?

PT Essa Industries Indonesia Tbk ISX:ESSA 88 Cyclically Adjusted PS Ratio is 2.14 as of Jul. 18, 2026, which is 36% below its 10-year median of 3.34. GuruFocus rates ISX:ESSA with a GF Score™ of 88/100 and a GF Value™ of Rp857.27 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,279 Chemicals companies, PT Essa Industries Indonesia Tbk ranks worse than 64.43% on this metric.

As of today (2026-07-18), PT Essa Industries Indonesia Tbk's current share price is Rp595.00. PT Essa Industries Indonesia Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was Rp278.65. PT Essa Industries Indonesia Tbk's Cyclically Adjusted PS Ratio for today is 2.14.

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

ISX:ESSA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.61   Med: 3.34   Max: 11.97
Current: 2.06

During the past years, PT Essa Industries Indonesia Tbk's highest Cyclically Adjusted PS Ratio was 11.97. The lowest was 1.61. And the median was 3.34.

ISX:ESSA's Cyclically Adjusted PS Ratio is ranked worse than
64.43% of 1279 companies
in the Chemicals industry
Industry Median: 1.32 vs ISX:ESSA: 2.06

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 Essa Industries Indonesia Tbk's adjusted revenue per share data for the three months ended in Mar. 2026 was Rp93.569. 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 Rp278.65 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Essa Industries Indonesia Tbk  (ISX:ESSA) 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 Essa Industries Indonesia Tbk Cyclically Adjusted PS Ratio Related Terms


PT Essa Industries Indonesia Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Essa Industries 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.

PT Essa Industries Indonesia Tbk Cyclically Adjusted PS Ratio Chart

PT Essa Industries Indonesia 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 4.72 5.04 2.50 3.40 2.26

PT Essa Industries Indonesia Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.46 2.30 2.72 2.26 2.55

ISX:ESSA vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, PT Essa Industries 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 Essa Industries Indonesia Tbk Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Essa Industries Indonesia Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:ESSA
88GF Score
PT Essa Industries Indonesia Tbk ISX:ESSA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Essa Industries 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 Essa Industries Indonesia Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=595.00/278.65
=2.14

* 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 Essa Industries Indonesia Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Essa Industries Indonesia Tbk's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=93.569/136.5387*136.5387
=93.569

Current CPI (Mar. 2026) = 136.5387.

PT Essa Industries Indonesia Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.625 103.212 10.087
201609 6.727 104.142 8.820
201612 7.927 105.222 10.286
201703 8.136 106.476 10.433
201706 7.841 107.722 9.939
201709 8.137 108.020 10.285
201712 11.925 109.017 14.936
201803 14.540 110.097 18.032
201806 9.459 111.085 11.626
201809 53.332 111.135 65.523
201812 74.502 112.430 90.478
201903 58.874 112.829 71.246
201906 58.684 114.730 69.839
201909 50.838 114.905 60.410
201912 52.442 115.486 62.002
202003 67.897 116.252 79.745
202006 32.660 116.630 38.235
202009 29.182 116.397 34.232
202012 45.657 117.318 53.137
202103 68.988 117.840 79.935
202106 64.470 118.184 74.483
202109 92.477 118.262 106.769
202112 47.080 119.516 53.786
202203 145.706 120.948 164.488
202206 179.917 123.322 199.198
202209 197.020 125.298 214.694
202212 147.928 126.098 160.177
202303 78.056 126.953 83.950
202306 69.706 127.663 74.552
202309 57.466 128.151 61.227
202312 106.137 129.395 111.997
202403 67.301 130.607 70.358
202406 73.718 130.792 76.957
202409 69.930 130.361 73.244
202412 66.356 131.432 68.934
202503 66.558 131.948 68.873
202506 64.345 133.241 65.938
202509 60.153 133.819 61.376
202512 91.799 135.271 92.659
202603 93.569 136.539 93.569

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 2.14 mean?
PT Essa Industries Indonesia Tbk (ISX:ESSA) has a Cyclically Adjusted PS Ratio of 2.14 as of Jul. 18, 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 Essa Industries Indonesia Tbk and its competitors. This is 36% below median its historical median of 3.34. Over the past decade, PT Essa Industries Indonesia Tbk's Cyclically Adjusted PS Ratio has ranged from 1.61 to 11.97. According to the industry distribution chart, PT Essa Industries Indonesia Tbk ranks #824 out of 1279 companies in the Chemicals industry, placing it in the top 64.4%.
Is PT Essa Industries Indonesia Tbk's Cyclically Adjusted PS Ratio too high?
PT Essa Industries Indonesia Tbk's current Cyclically Adjusted PS Ratio of 2.14 is 36% below median its 10-year median of 3.34. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 11.97. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. PT Essa Industries Indonesia Tbk's value of 2.14 is 62.1% above this industry median. Based on the distribution chart, PT Essa Industries Indonesia Tbk ranks #824 out of 1279 companies in the Chemicals industry, which is below the industry midpoint. Overall, PT Essa Industries Indonesia Tbk has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Essa Industries Indonesia Tbk's Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, PT Essa Industries Indonesia Tbk ranks #824 out of 1279 companies for Cyclically Adjusted PS Ratio. This places PT Essa Industries Indonesia Tbk in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.32. PT Essa Industries Indonesia Tbk's value of 2.14 is 62.1% above this benchmark. Historically, PT Essa Industries Indonesia Tbk's own Cyclically Adjusted PS Ratio has ranged from 1.61 to 11.97 over the past decade. While the company's 10-year median is 3.34 vs. the industry median of 1.32, PT Essa Industries Indonesia 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,279 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 Essa Industries Indonesia Tbk's current Cyclically Adjusted PS Ratio of 2.14 is 62.1% 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 Essa Industries Indonesia Tbk and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Essa Industries Indonesia Tbk's current Cyclically Adjusted PS Ratio is 2.14, which is 36% below median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Essa Industries Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Essa Industries Indonesia Tbk (ISX:ESSA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp857.27, compared to a current price of Rp595.00 — trading 30.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.14, which is 36% below median its 10-year median of 3.34 and 62.1% above the Chemicals industry median of 1.32. PT Essa Industries Indonesia Tbk's overall GF Score™ is 88/100 with 2 warning signs to review. 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 Essa Industries Indonesia Tbk (ISX:ESSA), the current Cyclically Adjusted PS Ratio is 2.14 as of Jul. 18, 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 Essa Industries Indonesia Tbk (ISX:ESSA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Essa Industries Indonesia Tbk stock appears to be undervalued. The current stock price of Rp595.00 is trading 30.6% below its estimated GF Value™ of Rp857.27. GuruFocus considers PT Essa Industries Indonesia Tbk to be Significantly Undervalued.

Key valuation signals for ISX:ESSA:

  • Cyclically Adjusted PS Ratio: 2.14 (36% below median its 10-year median of 3.34)
  • GF Value™: Rp857.27 vs. price of Rp595.00 (30.6% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 62.1% above the Chemicals median (#824 of 1279)

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


PT Essa Industries Indonesia Tbk Business Description

Address Jalan Prof. Dr. Satrio, Kav. 3-5, DBS Bank Tower, 18th Floor, Ciputra World 1 Jakarta, Jakarta, IDN, 12940
PT Essa Industries Indonesia Tbk owns and operates privately owned domestic liquefied petroleum gas (LPG) refinery in Indonesia. Its main business is the refining and processing of natural gas to produce LPG (mixture of Propane and Butane), condensate, methanol, carbonation and gasification of coal, or other hydrocarbon materials. The principal products of the company include LPG, Condensate and Ammonia. It is also engaged in other activities such as crude oil mining, Wholesale trade in gas, liquid and solid fuels and similar products, Gas distribution and supporting service activities related to oil and gas mining carried out on a fee or contract basis. The company's segments are; LPG refinery, Ammonia which generates key revenue, and others.
88GF Score

Get the complete analysis for ISX:ESSA

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

Rp595.00
Price
Rp857.27
GF Value