PT Indofood CBP Sukses Makmur Tbk (ISX:ICBP) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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ISX:ICBP PT Indofood CBP Sukses Makmur Tbk ISX:ICBP
89 GF Score
Price Rp6,900.00
GF Value Rp11,948.98
Valuation Significantly Undervalued
! 1 Warning Sign
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What is PT Indofood CBP Sukses Makmur Tbk Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indofood CBP Sukses Makmur Tbk  (ISX:ICBP) 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 Indofood CBP Sukses Makmur Tbk Cyclically Adjusted PS Ratio Related Terms


PT Indofood CBP Sukses Makmur Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk Cyclically Adjusted PS Ratio Chart

PT Indofood CBP Sukses Makmur 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 2.51 2.54 2.45 2.44 1.62

PT Indofood CBP Sukses Makmur 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 2.14 1.89 1.60 1.40 1.26

ISX:ICBP vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted PS Ratio falls into.


ISX:ICBP
89GF Score
PT Indofood CBP Sukses Makmur Tbk ISX:ICBP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Indofood CBP Sukses Makmur 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)
=1727.647/137.6954*137.6954
=1,727.647

Current CPI (Jun. 2026) = 137.6954.

PT Indofood CBP Sukses Makmur Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 711.389 104.142 940.587
201612 685.549 105.222 897.123
201703 811.027 106.476 1,048.826
201706 771.975 107.722 986.780
201709 769.142 108.020 980.438
201712 701.095 109.017 885.528
201803 847.252 110.097 1,059.640
201806 821.369 111.085 1,018.131
201809 859.119 111.135 1,064.447
201812 766.181 112.430 938.359
201903 965.163 112.829 1,177.881
201906 932.477 114.730 1,119.128
201909 914.107 114.905 1,095.416
201912 815.164 115.486 971.931
202003 1,029.557 116.252 1,219.462
202006 946.743 116.630 1,117.743
202009 930.333 116.397 1,100.570
202012 1,092.802 117.318 1,282.614
202103 1,294.163 117.840 1,512.225
202106 1,123.891 118.184 1,309.439
202109 1,236.756 118.262 1,439.990
202112 1,216.069 119.516 1,401.042
202203 1,473.902 120.948 1,677.987
202206 1,320.949 123.322 1,474.903
202209 1,399.065 125.298 1,537.488
202212 1,362.423 126.098 1,487.730
202303 1,641.512 126.953 1,780.419
202306 1,315.006 127.663 1,418.347
202309 1,443.041 128.151 1,550.511
202312 1,423.665 129.395 1,514.993
202403 1,708.289 130.607 1,801.003
202406 1,461.120 130.792 1,538.245
202409 1,588.493 130.361 1,677.866
202412 1,467.253 131.432 1,537.181
202503 1,730.917 131.948 1,806.307
202506 1,493.335 133.241 1,543.264
202509 1,600.583 133.819 1,646.948
202512 1,593.576 135.271 1,622.136
202603 1,862.107 136.539 1,877.882
202606 1,727.647 137.695 1,727.647

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 Indofood CBP Sukses Makmur Tbk (ISX:ICBP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indofood CBP Sukses Makmur Tbk stock appears to be undervalued. The current stock price of Rp6,900.00 is trading 42.3% below its estimated GF Value™ of Rp11,948.98. GuruFocus considers PT Indofood CBP Sukses Makmur Tbk to be Significantly Undervalued.

Key valuation signals for ISX:ICBP:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: Rp11,948.98 vs. price of Rp6,900.00 (42.3% below fair value)
  • GF Score™: 89/100 with 1 warning sign

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


PT Indofood CBP Sukses Makmur Tbk Business Description

Address Jalan Jenderal Sudirman, Kav. 76 - 78, Sudirman Plaza, Indofood Tower, 23rd Floor, Jakarta, IDN, 12910
PT Indofood CBP Sukses Makmur Tbk operates in the consumer-branded products sector, offering products like noodles, milk, butter, biscuits, chips, chili sauce, syrups, ready-to-drink tea, condiments, etc. These are marketed under various brands such as Indomie, Supermi, Indomilk, Cap Enaak, Chitato, Sambal Indofood, Bumbu Racik, Govit, Sun, Ichi Ocha, Club, and others. The Group also operates a packaging business that produces flexible and corrugated packaging for its products. It classifies its business into the following divisions: Noodles, which generates maximum revenue, Dairy (dairy products), Food Seasonings, Snack Foods, Nutrition and Special Foods, and Beverages. Geographically, the Group derives maximum revenue from Indonesia, and the rest from Asia and Africa, and other regions.
89GF Score

Get the complete analysis for ISX:ICBP

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

Rp6,900.00
Price
Rp11,948.98
GF Value