PT Indofood CBP Sukses Makmur Tbk (ISX:ICBP) Cyclically Adjusted PS Ratio: 1.37 (As of Aug. 03, 2026) — 43% Below Median

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ISX:ICBP PT Indofood CBP Sukses Makmur Tbk ISX:ICBP
80 GF Score
Price Rp7,200.00
GF Value Rp12,072.99
Valuation Significantly Undervalued
! 1 Warning Sign
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What is PT Indofood CBP Sukses Makmur Tbk Cyclically Adjusted PS Ratio?

PT Indofood CBP Sukses Makmur Tbk ISX:ICBP +3.23% 80 Cyclically Adjusted PS Ratio is 1.37 as of Aug. 03, 2026, which is 43% below its 10-year median of 2.39. GuruFocus rates ISX:ICBP with a GF Score™ of 80/100 and a GF Value™ of Rp12,072.99 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,451 Consumer Packaged Goods companies, PT Indofood CBP Sukses Makmur Tbk ranks worse than 66.71% on this metric.

As of today (2026-08-03), PT Indofood CBP Sukses Makmur Tbk's current share price is Rp7200.00. PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was Rp5,266.27. PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted PS Ratio for today is 1.37.

The historical rank and industry rank for PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:

ISX:ICBP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.39   Max: 2.85
Current: 1.32

During the past years, PT Indofood CBP Sukses Makmur Tbk's highest Cyclically Adjusted PS Ratio was 2.85. The lowest was 1.21. And the median was 2.39.

ISX:ICBP's Cyclically Adjusted PS Ratio is ranked worse than
66.71% of 1451 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs ISX:ICBP: 1.32

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 Indofood CBP Sukses Makmur Tbk's adjusted revenue per share data for the three months ended in Mar. 2026 was Rp1,862.107. 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 Rp5,266.27 for the trailing ten years ended in Mar. 2026.

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 2.41 2.50 2.42 2.41 1.60

PT Indofood CBP Sukses Makmur 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 2.11 2.14 1.89 1.60 1.40

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
80GF 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.
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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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7200.00/5266.27
=1.37

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

For example, PT Indofood CBP Sukses Makmur 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)
=1862.107/136.5387*136.5387
=1,862.107

Current CPI (Mar. 2026) = 136.5387.

PT Indofood CBP Sukses Makmur Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 793.436 103.212 1,049.630
201609 711.389 104.142 932.686
201612 677.760 105.222 879.479
201703 811.027 106.476 1,040.015
201706 771.975 107.722 978.490
201709 769.142 108.020 972.202
201712 701.095 109.017 878.090
201803 847.252 110.097 1,050.739
201806 821.369 111.085 1,009.578
201809 859.119 111.135 1,055.505
201812 766.181 112.430 930.476
201903 965.163 112.829 1,167.986
201906 932.477 114.730 1,109.727
201909 914.107 114.905 1,086.214
201912 815.164 115.486 963.766
202003 1,029.557 116.252 1,209.218
202006 946.743 116.630 1,108.354
202009 930.333 116.397 1,091.324
202012 1,092.802 117.318 1,271.839
202103 1,294.163 117.840 1,499.522
202106 1,123.891 118.184 1,298.439
202109 1,236.756 118.262 1,427.893
202112 1,216.069 119.516 1,389.273
202203 1,473.902 120.948 1,663.891
202206 1,320.949 123.322 1,462.513
202209 1,399.065 125.298 1,524.573
202212 1,362.423 126.098 1,475.233
202303 1,641.512 126.953 1,765.463
202306 1,315.006 127.663 1,406.432
202309 1,443.041 128.151 1,537.486
202312 1,423.665 129.395 1,502.267
202403 1,708.289 130.607 1,785.873
202406 1,461.120 130.792 1,525.323
202409 1,588.493 130.361 1,663.772
202412 1,467.253 131.432 1,524.268
202503 1,730.917 131.948 1,791.133
202506 1,493.335 133.241 1,530.299
202509 1,600.583 133.819 1,633.113
202512 1,593.576 135.271 1,608.509
202603 1,862.107 136.539 1,862.107

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 1.37 mean?
PT Indofood CBP Sukses Makmur Tbk (ISX:ICBP) has a Cyclically Adjusted PS Ratio of 1.37 as of Aug. 03, 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 Indofood CBP Sukses Makmur Tbk and its competitors. This is 43% below median its historical median of 2.39. Over the past decade, PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted PS Ratio has ranged from 1.21 to 2.85. According to the industry distribution chart, PT Indofood CBP Sukses Makmur Tbk ranks #968 out of 1451 companies in the Consumer Packaged Goods industry, placing it in the top 66.7%.
Is PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted PS Ratio too high?
PT Indofood CBP Sukses Makmur Tbk's current Cyclically Adjusted PS Ratio of 1.37 is 43% below median its 10-year median of 2.39. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.85. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. PT Indofood CBP Sukses Makmur Tbk's value of 1.37 is 80.3% above this industry median. Based on the distribution chart, PT Indofood CBP Sukses Makmur Tbk ranks #968 out of 1451 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, PT Indofood CBP Sukses Makmur Tbk has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Indofood CBP Sukses Makmur Tbk's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Indofood CBP Sukses Makmur Tbk ranks #968 out of 1451 companies for Cyclically Adjusted PS Ratio. This places PT Indofood CBP Sukses Makmur Tbk in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. PT Indofood CBP Sukses Makmur Tbk's value of 1.37 is 80.3% above this benchmark. Historically, PT Indofood CBP Sukses Makmur Tbk's own Cyclically Adjusted PS Ratio has ranged from 1.21 to 2.85 over the past decade. While the company's 10-year median is 2.39 vs. the industry median of 0.76, PT Indofood CBP Sukses Makmur 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 0.76, based on 1,451 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 Indofood CBP Sukses Makmur Tbk's current Cyclically Adjusted PS Ratio of 1.37 is 80.3% 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 Indofood CBP Sukses Makmur Tbk and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indofood CBP Sukses Makmur Tbk's current Cyclically Adjusted PS Ratio is 1.37, which is 43% below median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indofood CBP Sukses Makmur Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indofood CBP Sukses Makmur Tbk (ISX:ICBP) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp12,072.99, compared to a current price of Rp7,200.00 — trading 40.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.37, which is 43% below median its 10-year median of 2.39 and 80.3% above the Consumer Packaged Goods industry median of 0.76. PT Indofood CBP Sukses Makmur Tbk's overall GF Score™ is 80/100 with 1 warning sign 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 Indofood CBP Sukses Makmur Tbk (ISX:ICBP), the current Cyclically Adjusted PS Ratio is 1.37 as of Aug. 03, 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 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 Rp7,200.00 is trading 40.4% below its estimated GF Value™ of Rp12,072.99. GuruFocus considers PT Indofood CBP Sukses Makmur Tbk to be Significantly Undervalued.

Key valuation signals for ISX:ICBP:

  • Cyclically Adjusted PS Ratio: 1.37 (43% below median its 10-year median of 2.39)
  • GF Value™: Rp12,072.99 vs. price of Rp7,200.00 (40.4% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 80.3% above the Consumer Packaged Goods median (#968 of 1451)

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.
80GF 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.

Rp7,200.00
Price
Rp12,072.99
GF Value