PT Indo-Rama Synthetics Tbk (ISX:INDR) Cyclically Adjusted PS Ratio: 0.11 (As of Aug. 01, 2026) — 39% Below Median

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ISX:INDR PT Indo-Rama Synthetics Tbk ISX:INDR
67 GF Score
Price Rp2,300.00
GF Value Rp3,018.62
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Indo-Rama Synthetics Tbk Cyclically Adjusted PS Ratio?

PT Indo-Rama Synthetics Tbk ISX:INDR +16.16% 67 Cyclically Adjusted PS Ratio is 0.11 as of Aug. 01, 2026, which is 39% below its 10-year median of 0.18. GuruFocus rates ISX:INDR with a GF Score™ of 67/100 and a GF Value™ of Rp3,018.62 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 886 Manufacturing - Apparel & Accessories companies, PT Indo-Rama Synthetics Tbk ranks better than 92.1% on this metric.

As of today (2026-08-01), PT Indo-Rama Synthetics Tbk's current share price is Rp2300.00. PT Indo-Rama Synthetics Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was Rp20,449.93. PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PS Ratio for today is 0.11.

The historical rank and industry rank for PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:

ISX:INDR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.18   Max: 0.66
Current: 0.1

During the past years, PT Indo-Rama Synthetics Tbk's highest Cyclically Adjusted PS Ratio was 0.66. The lowest was 0.09. And the median was 0.18.

ISX:INDR's Cyclically Adjusted PS Ratio is ranked better than
92.1% of 886 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.645 vs ISX:INDR: 0.10

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 Indo-Rama Synthetics Tbk's adjusted revenue per share data for the three months ended in Mar. 2026 was Rp4,997.993. 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 Rp20,449.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indo-Rama Synthetics Tbk  (ISX:INDR) 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 Indo-Rama Synthetics Tbk Cyclically Adjusted PS Ratio Related Terms


PT Indo-Rama Synthetics Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Indo-Rama Synthetics 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 Indo-Rama Synthetics Tbk Cyclically Adjusted PS Ratio Chart

PT Indo-Rama Synthetics 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 0.24 0.30 0.16 0.14 0.14

PT Indo-Rama Synthetics 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 0.11 0.10 0.16 0.14 0.13

ISX:INDR vs AIN: Cyclically Adjusted PS Ratio Comparison

For the Textile Manufacturing subindustry, PT Indo-Rama Synthetics 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 Indo-Rama Synthetics Tbk Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PS Ratio falls into.


ISX:INDR
67GF Score
PT Indo-Rama Synthetics Tbk ISX:INDR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Indo-Rama Synthetics 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 Indo-Rama Synthetics Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2300.00/20449.93
=0.11

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

For example, PT Indo-Rama Synthetics 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)
=4997.993/136.5387*136.5387
=4,997.993

Current CPI (Mar. 2026) = 136.5387.

PT Indo-Rama Synthetics Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3,451.257 103.212 4,565.639
201609 3,280.489 104.142 4,300.974
201612 3,936.336 105.222 5,107.893
201703 4,025.680 106.476 5,162.305
201706 3,355.215 107.722 4,252.788
201709 4,311.677 108.020 5,449.996
201712 4,213.968 109.017 5,277.803
201803 4,627.455 110.097 5,738.844
201806 4,171.277 111.085 5,127.085
201809 5,032.814 111.135 6,183.263
201812 4,492.622 112.430 5,455.993
201903 4,455.304 112.829 5,391.558
201906 4,214.448 114.730 5,015.552
201909 4,239.722 114.905 5,037.972
201912 3,697.306 115.486 4,371.316
202003 4,275.496 116.252 5,021.584
202006 2,211.511 116.630 2,589.020
202009 3,562.139 116.397 4,178.557
202012 3,181.379 117.318 3,702.595
202103 4,604.780 117.840 5,335.470
202106 4,437.904 118.184 5,127.142
202109 4,949.187 118.262 5,714.069
202112 5,374.216 119.516 6,139.662
202203 5,953.505 120.948 6,720.925
202206 5,470.210 123.322 6,056.445
202209 5,518.794 125.298 6,013.875
202212 4,286.779 126.098 4,641.728
202303 4,810.776 126.953 5,174.038
202306 4,411.200 127.663 4,717.890
202309 4,691.400 128.151 4,998.444
202312 4,433.404 129.395 4,678.176
202403 5,296.896 130.607 5,537.462
202406 4,835.874 130.792 5,048.367
202409 5,215.307 130.361 5,462.460
202412 5,899.722 131.432 6,128.975
202503 4,790.346 131.948 4,956.995
202506 4,394.121 133.241 4,502.889
202509 4,808.262 133.819 4,905.984
202512 5,656.533 135.271 5,709.539
202603 4,997.993 136.539 4,997.993

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 0.11 mean?
PT Indo-Rama Synthetics Tbk (ISX:INDR) has a Cyclically Adjusted PS Ratio of 0.11 as of Aug. 01, 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 Indo-Rama Synthetics Tbk and its competitors. This is 39% below median its historical median of 0.18. Over the past decade, PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.66. According to the industry distribution chart, PT Indo-Rama Synthetics Tbk ranks #70 out of 886 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 7.9%.
Is PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PS Ratio too high?
PT Indo-Rama Synthetics Tbk's current Cyclically Adjusted PS Ratio of 0.11 is 39% below median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.66. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.65. PT Indo-Rama Synthetics Tbk's value of 0.11 is 82.9% below this industry median. Based on the distribution chart, PT Indo-Rama Synthetics Tbk ranks #70 out of 886 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, PT Indo-Rama Synthetics Tbk has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Indo-Rama Synthetics Tbk's Cyclically Adjusted PS Ratio compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Indo-Rama Synthetics Tbk ranks #70 out of 886 companies for Cyclically Adjusted PS Ratio. This places PT Indo-Rama Synthetics Tbk in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.65. PT Indo-Rama Synthetics Tbk's value of 0.11 is 82.9% below this benchmark. Historically, PT Indo-Rama Synthetics Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.66 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.65, PT Indo-Rama Synthetics Tbk has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.65, based on 886 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 Indo-Rama Synthetics Tbk's current Cyclically Adjusted PS Ratio of 0.11 is 82.9% below 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 Indo-Rama Synthetics Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indo-Rama Synthetics Tbk's current Cyclically Adjusted PS Ratio is 0.11, which is 39% below median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo-Rama Synthetics Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo-Rama Synthetics Tbk (ISX:INDR) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp3,018.62, compared to a current price of Rp2,300.00 — trading 23.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.11, which is 39% below median its 10-year median of 0.18 and 82.9% below the Manufacturing - Apparel & Accessories industry median of 0.65. PT Indo-Rama Synthetics Tbk's overall GF Score™ is 67/100 with 4 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 Indo-Rama Synthetics Tbk (ISX:INDR), the current Cyclically Adjusted PS Ratio is 0.11 as of Aug. 01, 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 Indo-Rama Synthetics Tbk (ISX:INDR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo-Rama Synthetics Tbk stock appears to be undervalued. The current stock price of Rp2,300.00 is trading 23.8% below its estimated GF Value™ of Rp3,018.62. GuruFocus considers PT Indo-Rama Synthetics Tbk to be Modestly Undervalued.

Key valuation signals for ISX:INDR:

  • Cyclically Adjusted PS Ratio: 0.11 (39% below median its 10-year median of 0.18)
  • GF Value™: Rp3,018.62 vs. price of Rp2,300.00 (23.8% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 82.9% below the Manufacturing - Apparel & Accessories median (#70 of 886)

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


PT Indo-Rama Synthetics Tbk Business Description

Address Jalan H. R. Rasuna Said, Blok X-1, Kav. 1-2, Graha Irama, 17th Floor, Jakarta, IDN, 12950
PT Indo-Rama Synthetics Tbk is engaged in operation of cotton spinning mill in Purwakarta. It has expanded its Spun Yarns business and diversified into manufacturing of Polyester Filament Yarns, Polyester Staple Fibers, PET Resin, Polyester Chips, and Polyester Filament Fabrics production for all markets, with manufacturing plants located in Purwakarta, and Campaka in Indonesia, and through its indirect subsidiaries, in Uzbekistan and Turkey. Its segment includes Spun yarns manufactures spun yarns and sewing thread; Polyester manufactures polyester filament yarns, polyester staple fibre, textile chips, polyester filament fabrics and pet resin; Minerals, is engaged in gold and coal mining; and Others is engaged in trading, investment, mining and other activities.
67GF Score

Get the complete analysis for ISX:INDR

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

Rp2,300.00
Price
Rp3,018.62
GF Value