PT Keramika Indonesia Assosiasi Tbk (ISX:KIAS) Cyclically Adjusted PS Ratio: 0.39 (As of Jul. 21, 2026) — 49% Below Median

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ISX:KIAS PT Keramika Indonesia Assosiasi Tbk ISX:KIAS
13 GF Score
Price Rp21.00
GF Value Rp20.41
! 2 Warning Signs
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What is PT Keramika Indonesia Assosiasi Tbk Cyclically Adjusted PS Ratio?

PT Keramika Indonesia Assosiasi Tbk ISX:KIAS 13 Cyclically Adjusted PS Ratio is 0.39 as of Jul. 21, 2026, which is 49% below its 10-year median of 0.76. GuruFocus rates ISX:KIAS with a GF Score™ of 13/100 and a GF Value™ of Rp20.41. The stock has 2 warning signs investors should review.

As of today (2026-07-21), PT Keramika Indonesia Assosiasi Tbk's current share price is Rp21.00. PT Keramika Indonesia Assosiasi Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was Rp53.50. PT Keramika Indonesia Assosiasi Tbk's Cyclically Adjusted PS Ratio for today is 0.39.

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

ISX:KIAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.76   Max: 1.35
Current: 0.39

During the past years, PT Keramika Indonesia Assosiasi Tbk's highest Cyclically Adjusted PS Ratio was 1.35. The lowest was 0.19. And the median was 0.76.

ISX:KIAS's Cyclically Adjusted PS Ratio is not ranked
in the Construction industry.
Industry Median: 0.7 vs ISX:KIAS: 0.39

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 Keramika Indonesia Assosiasi Tbk's adjusted revenue per share data for the three months ended in Mar. 2026 was Rp9.405. 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 Rp53.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Keramika Indonesia Assosiasi Tbk  (ISX:KIAS) 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 Keramika Indonesia Assosiasi Tbk Cyclically Adjusted PS Ratio Related Terms


PT Keramika Indonesia Assosiasi Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Keramika Indonesia Assosiasi 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 Keramika Indonesia Assosiasi Tbk Cyclically Adjusted PS Ratio Chart

PT Keramika Indonesia Assosiasi 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 0.82 0.81 0.25 0.40 0.39

PT Keramika Indonesia Assosiasi 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 0.33 0.35 0.39 0.39 0.39

ISX:KIAS vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, PT Keramika Indonesia Assosiasi 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 Keramika Indonesia Assosiasi Tbk Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, PT Keramika Indonesia Assosiasi Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:KIAS
13GF Score
PT Keramika Indonesia Assosiasi Tbk ISX:KIAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Keramika Indonesia Assosiasi 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 Keramika Indonesia Assosiasi Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.00/53.50
=0.39

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

For example, PT Keramika Indonesia Assosiasi 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)
=9.405/136.5387*136.5387
=9.405

Current CPI (Mar. 2026) = 136.5387.

PT Keramika Indonesia Assosiasi Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.479 103.212 19.154
201609 11.762 104.142 15.421
201612 17.203 105.222 22.323
201703 14.790 106.476 18.966
201706 11.860 107.722 15.033
201709 13.166 108.020 16.642
201712 14.444 109.017 18.090
201803 14.261 110.097 17.686
201806 13.213 111.085 16.241
201809 15.642 111.135 19.218
201812 15.559 112.430 18.895
201903 14.016 112.829 16.961
201906 11.502 114.730 13.688
201909 12.040 114.905 14.307
201912 11.679 115.486 13.808
202003 9.064 116.252 10.646
202006 3.168 116.630 3.709
202009 6.924 116.397 8.122
202012 10.127 117.318 11.786
202103 9.600 117.840 11.123
202106 17.539 118.184 20.263
202109 9.393 118.262 10.845
202112 10.073 119.516 11.508
202203 10.318 120.948 11.648
202206 19.984 123.322 22.126
202209 1.768 125.298 1.927
202212 11.332 126.098 12.270
202303 9.127 126.953 9.816
202306 17.285 127.663 18.487
202309 9.872 128.151 10.518
202312 10.529 129.395 11.110
202403 10.732 130.607 11.219
202406 8.112 130.792 8.468
202409 10.440 130.361 10.935
202412 10.366 131.432 10.769
202503 9.620 131.948 9.955
202506 10.332 133.241 10.588
202509 10.026 133.819 10.230
202512 11.012 135.271 11.115
202603 9.405 136.539 9.405

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 0.39 mean?
PT Keramika Indonesia Assosiasi Tbk (ISX:KIAS) has a Cyclically Adjusted PS Ratio of 0.39 as of Jul. 21, 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 Keramika Indonesia Assosiasi Tbk and its competitors. This is 49% below median its historical median of 0.76. Over the past decade, PT Keramika Indonesia Assosiasi Tbk's Cyclically Adjusted PS Ratio has ranged from 0.19 to 1.35.
Is PT Keramika Indonesia Assosiasi Tbk's Cyclically Adjusted PS Ratio too high?
PT Keramika Indonesia Assosiasi Tbk's current Cyclically Adjusted PS Ratio of 0.39 is 49% below median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.35. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. PT Keramika Indonesia Assosiasi Tbk's value of 0.39 is 44.3% below this industry median. Overall, PT Keramika Indonesia Assosiasi Tbk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does PT Keramika Indonesia Assosiasi Tbk's Cyclically Adjusted PS Ratio compare to TT and JCI?
PT Keramika Indonesia Assosiasi Tbk's Cyclically Adjusted PS Ratio of 0.39 can be compared against companies in the Construction industry. The industry median Cyclically Adjusted PS Ratio is 0.70. PT Keramika Indonesia Assosiasi Tbk's value of 0.39 is 44.3% below this benchmark. Historically, PT Keramika Indonesia Assosiasi Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.19 to 1.35 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.70, PT Keramika Indonesia Assosiasi 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,356 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 Keramika Indonesia Assosiasi Tbk's current Cyclically Adjusted PS Ratio of 0.39 is 44.3% 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 Keramika Indonesia Assosiasi Tbk and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Keramika Indonesia Assosiasi Tbk's current Cyclically Adjusted PS Ratio is 0.39, which is 49% below median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Keramika Indonesia Assosiasi Tbk stock overvalued right now?
PT Keramika Indonesia Assosiasi Tbk (ISX:KIAS) has a current Cyclically Adjusted PS Ratio of 0.39. The stock's GF Value™ is Rp20.41, compared to a current price of Rp21.00 — trading 2.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.39, which is 49% below median its 10-year median of 0.76 and 44.3% below the Construction industry median of 0.70. PT Keramika Indonesia Assosiasi Tbk's overall GF Score™ is 13/100 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 Keramika Indonesia Assosiasi Tbk (ISX:KIAS), the current Cyclically Adjusted PS Ratio is 0.39 as of Jul. 21, 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 Keramika Indonesia Assosiasi Tbk (ISX:KIAS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Keramika Indonesia Assosiasi Tbk stock appears to be overvalued. The current stock price of Rp21.00 is trading 2.9% above its estimated GF Value™ of Rp20.41.

Key valuation signals for ISX:KIAS:

  • Cyclically Adjusted PS Ratio: 0.39 (49% below median its 10-year median of 0.76)
  • GF Value™: Rp20.41 vs. price of Rp21.00 (2.9% above fair value)
  • GF Score™: 13/100 with 2 warning signs
  • Industry Position: 44.3% below the Construction median

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


PT Keramika Indonesia Assosiasi Tbk Business Description

Address Jalan Buncit Raya No. 139 Kalibata, Graha Mobisel, 3rd Floor, Pancoran, South Jakarta, Jakarta, IDN, 12740
PT Keramika Indonesia Assosiasi Tbk is an Indonesia-based company engaged in the ceramic-based building materials industry, with operations encompassing the production of wall tiles, floor tiles, and related accessories. The Company, along with its subsidiaries, engages in the manufacturing of ceramic roof tiles and has market recognition under the brand names KIA and IMPRESSO. Its products include Tiles, Bathroom, Vinyl, Adhesive & Grout, Kitchen, and Roof Tile. The majority of the Company's revenue comes from the domestic market. The Company has two operating segments, Ceramics and Roof Tiles, of which Ceramics derives the maximum revenue.
13GF Score

Get the complete analysis for ISX:KIAS

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

Rp21.00
Price
Rp20.41
GF Value