PT First Media Tbk (ISX:KBLV) Cyclically Adjusted PS Ratio: 0.56 (As of Sep. 03, 2026) — 195% Above Median

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ISX:KBLV PT First Media Tbk ISX:KBLV
40 GF Score
Price Rp139.00
GF Value Rp3.14
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is PT First Media Tbk Cyclically Adjusted PS Ratio?

PT First Media Tbk ISX:KBLV -2.11% 40 Cyclically Adjusted PS Ratio is 0.56 as of Sep. 03, 2026, which is 195% above its 10-year median of 0.19. GuruFocus rates ISX:KBLV with a GF Score™ of 40/100 and a GF Value™ of Rp3.14 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 732 Media - Diversified companies, PT First Media Tbk ranks better than 59.29% on this metric.

As of today (2026-09-03), PT First Media Tbk's current share price is Rp139.00. PT First Media Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp248.36. PT First Media Tbk's Cyclically Adjusted PS Ratio for today is 0.56.

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

ISX:KBLV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.19   Max: 0.96
Current: 0.56

During the past years, PT First Media Tbk's highest Cyclically Adjusted PS Ratio was 0.96. The lowest was 0.06. And the median was 0.19.

ISX:KBLV's Cyclically Adjusted PS Ratio is ranked better than
59.29% of 732 companies
in the Media - Diversified industry
Industry Median: 0.765 vs ISX:KBLV: 0.56

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 First Media Tbk's adjusted revenue per share data for the three months ended in Jun. 2026 was Rp0.107. 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 Rp248.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT First Media Tbk  (ISX:KBLV) 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 First Media Tbk Cyclically Adjusted PS Ratio Related Terms


PT First Media Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT First Media 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 First Media Tbk Cyclically Adjusted PS Ratio Chart

PT First Media 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 0.00 0.17 0.14 0.25 0.61

PT First Media 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 0.17 0.96 0.61 0.38 0.31

ISX:KBLV vs NFLX, DIS, WBD: Cyclically Adjusted PS Ratio Comparison

For the Entertainment subindustry, PT First Media 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 First Media Tbk Cyclically Adjusted PS Ratio vs Media - Diversified Industry

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

* The bar in red indicates where PT First Media Tbk's Cyclically Adjusted PS Ratio falls into.


ISX:KBLV
40GF Score
PT First Media Tbk ISX:KBLV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT First Media 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 First Media Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=139.00/248.36
=0.56

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

For example, PT First Media 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)
=0.107/137.6954*137.6954
=0.107

Current CPI (Jun. 2026) = 137.6954.

PT First Media Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 195.273 104.142 258.187
201612 174.421 105.222 228.251
201703 138.232 106.476 178.763
201706 137.211 107.722 175.390
201709 151.698 108.020 193.372
201712 136.789 109.017 172.773
201803 126.574 110.097 158.303
201806 131.488 111.085 162.986
201809 140.967 111.135 174.658
201812 165.366 112.430 202.527
201903 28.754 112.829 35.091
201906 22.799 114.730 27.363
201909 21.708 114.905 26.014
201912 69.612 115.486 82.999
202003 27.714 116.252 32.826
202006 25.602 116.630 30.226
202009 26.924 116.397 31.851
202012 28.072 117.318 32.948
202103 19.941 117.840 23.301
202106 22.846 118.184 26.618
202109 19.498 118.262 22.702
202112 24.848 119.516 28.628
202203 15.536 120.948 17.687
202206 19.705 123.322 22.002
202209 17.187 125.298 18.887
202212 28.168 126.098 30.759
202303 10.899 126.953 11.821
202306 13.828 127.663 14.915
202309 16.257 128.151 17.468
202312 24.177 129.395 25.728
202403 6.354 130.607 6.699
202406 1.193 130.792 1.256
202409 8.110 130.361 8.566
202412 0.743 131.432 0.778
202503 0.307 131.948 0.320
202506 0.241 133.241 0.249
202509 0.272 133.819 0.280
202512 0.153 135.271 0.156
202603 0.106 136.539 0.107
202606 0.107 137.695 0.107

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 0.56 mean?
PT First Media Tbk (ISX:KBLV) has a Cyclically Adjusted PS Ratio of 0.56 as of Sep. 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 First Media Tbk and its competitors. This is 195% above median its historical median of 0.19. Over the past decade, PT First Media Tbk's Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.96. According to the industry distribution chart, PT First Media Tbk ranks #298 out of 732 companies in the Media - Diversified industry, placing it in the top 40.7%.
Is PT First Media Tbk's Cyclically Adjusted PS Ratio too high?
PT First Media Tbk's current Cyclically Adjusted PS Ratio of 0.56 is 195% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.96. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.77. PT First Media Tbk's value of 0.56 is 26.8% below this industry median. Based on the distribution chart, PT First Media Tbk ranks #298 out of 732 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, PT First Media Tbk has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT First Media Tbk's Cyclically Adjusted PS Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, PT First Media Tbk ranks #298 out of 732 companies for Cyclically Adjusted PS Ratio. This puts PT First Media Tbk in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. PT First Media Tbk's value of 0.56 is 26.8% below this benchmark. Historically, PT First Media Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.96 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.77, PT First Media 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.77, based on 732 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 First Media Tbk's current Cyclically Adjusted PS Ratio of 0.56 is 26.8% 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 First Media Tbk and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT First Media Tbk's current Cyclically Adjusted PS Ratio is 0.56, which is 195% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT First Media Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT First Media Tbk (ISX:KBLV) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp3.14, compared to a current price of Rp139.00 — trading 4326.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.56, which is 195% above median its 10-year median of 0.19 and 26.8% below the Media - Diversified industry median of 0.77. PT First Media Tbk's overall GF Score™ is 40/100 with 6 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 First Media Tbk (ISX:KBLV), the current Cyclically Adjusted PS Ratio is 0.56 as of Sep. 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 First Media Tbk (ISX:KBLV) Overvalued in 2026?

Based on GuruFocus' analysis, PT First Media Tbk stock appears to be overvalued. The current stock price of Rp139.00 is trading 4326.8% above its estimated GF Value™ of Rp3.14. GuruFocus considers PT First Media Tbk to be Significantly Overvalued.

Key valuation signals for ISX:KBLV:

  • Cyclically Adjusted PS Ratio: 0.56 (195% above median its 10-year median of 0.19)
  • GF Value™: Rp3.14 vs. price of Rp139.00 (4326.8% above fair value)
  • GF Score™: 40/100 with 6 warning signs
  • Industry Position: 26.8% below the Media - Diversified median (#298 of 732)

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


PT First Media Tbk Business Description

Address Jl. H.R. Rasuna Said Kav. B12, Lippo Kuningan 17th Floor, Karet Kuning, Setiabudi, Jakarta Selatan, Jakarta, IDN, 12920
PT First Media Tbk is a media company. Along with its subsidiaries, it is engaged in creative media and content creation business in Indonesia. The company operates its business through two segments Media Business, and Content Creation. The media business segment is conducted through B-Universe which is a multiplatform media network, synergizing television, digital, and activation in national and regional contexts. The Content creation segment seeks to create various kinds of interesting local content that can provide differentiating and educational value to the Indonesian people.
40GF Score

Get the complete analysis for ISX:KBLV

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

Rp139.00
Price
Rp3.14
GF Value