PT Modernland Realty Tbk (ISX:MDLN) Cyclically Adjusted PS Ratio: 0.34 (As of Aug. 13, 2026) — Near Median

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ISX:MDLN PT Modernland Realty Tbk ISX:MDLN
50 GF Score
Price Rp50.00
GF Value Rp39.55
Valuation Modestly Overvalued
! 8 Warning Signs
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What is PT Modernland Realty Tbk Cyclically Adjusted PS Ratio?

PT Modernland Realty Tbk ISX:MDLN 50 Cyclically Adjusted PS Ratio is 0.34 as of Aug. 13, 2026, which is 3% above its 10-year median of 0.33. GuruFocus rates ISX:MDLN with a GF Score™ of 50/100 and a GF Value™ of Rp39.55 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,369 Real Estate companies, PT Modernland Realty Tbk ranks better than 84.51% on this metric.

As of today (2026-08-13), PT Modernland Realty Tbk's current share price is Rp50.00. PT Modernland Realty Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp148.62. PT Modernland Realty Tbk's Cyclically Adjusted PS Ratio for today is 0.34.

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

ISX:MDLN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.33   Max: 0.65
Current: 0.34

During the past years, PT Modernland Realty Tbk's highest Cyclically Adjusted PS Ratio was 0.65. The lowest was 0.26. And the median was 0.33.

ISX:MDLN's Cyclically Adjusted PS Ratio is ranked better than
84.51% of 1369 companies
in the Real Estate industry
Industry Median: 1.78 vs ISX:MDLN: 0.34

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 Modernland Realty Tbk's adjusted revenue per share data for the three months ended in Jun. 2026 was Rp11.743. 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 Rp148.62 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Modernland Realty Tbk  (ISX:MDLN) 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 Modernland Realty Tbk Cyclically Adjusted PS Ratio Related Terms


PT Modernland Realty Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Modernland Realty 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 Modernland Realty Tbk Cyclically Adjusted PS Ratio Chart

PT Modernland Realty 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 0.38 0.41 0.32 0.30 0.39

PT Modernland Realty 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 0.31 0.43 0.39 0.36 0.34

PT Modernland Realty Tbk Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, PT Modernland Realty 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 Modernland Realty Tbk Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Modernland Realty Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:MDLN
50GF Score
PT Modernland Realty Tbk ISX:MDLN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Modernland Realty 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 Modernland Realty Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.00/148.62
=0.34

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

For example, PT Modernland Realty 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)
=11.743/137.6954*137.6954
=11.743

Current CPI (Jun. 2026) = 137.6954.

PT Modernland Realty Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 32.109 104.142 42.454
201612 75.895 105.222 99.318
201703 78.014 106.476 100.888
201706 36.370 107.722 46.490
201709 35.467 108.020 45.210
201712 105.146 109.017 132.806
201803 49.522 110.097 61.936
201806 62.356 111.085 77.294
201809 23.852 111.135 29.553
201812 35.618 112.430 43.622
201903 75.781 112.829 92.483
201906 22.694 114.730 27.237
201909 28.009 114.905 33.564
201912 -1.342 115.486 -1.600
202003 9.043 116.252 10.711
202006 13.843 116.630 16.343
202009 15.252 116.397 18.043
202012 21.014 117.318 24.664
202103 15.926 117.840 18.609
202106 13.885 118.184 16.177
202109 16.944 118.262 19.728
202112 115.671 119.516 133.265
202203 31.571 120.948 35.943
202206 6.179 123.322 6.899
202209 11.944 125.298 13.126
202212 39.162 126.098 42.764
202303 16.796 126.953 18.217
202306 9.118 127.663 9.835
202309 37.382 128.151 40.166
202312 29.882 129.395 31.799
202403 14.729 130.607 15.528
202406 16.404 130.792 17.270
202409 26.461 130.361 27.950
202412 25.556 131.432 26.774
202503 18.196 131.948 18.989
202506 25.126 133.241 25.966
202509 15.555 133.819 16.006
202512 25.925 135.271 26.390
202603 11.904 136.539 12.005
202606 11.743 137.695 11.743

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 0.34 mean?
PT Modernland Realty Tbk (ISX:MDLN) has a Cyclically Adjusted PS Ratio of 0.34 as of Aug. 13, 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 Modernland Realty Tbk and its competitors. This is near median its historical median of 0.33. Over the past decade, PT Modernland Realty Tbk's Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.65. According to the industry distribution chart, PT Modernland Realty Tbk ranks #212 out of 1369 companies in the Real Estate industry, placing it in the top 15.5%.
Is PT Modernland Realty Tbk's Cyclically Adjusted PS Ratio too high?
PT Modernland Realty Tbk's current Cyclically Adjusted PS Ratio of 0.34 is near median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.65. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. PT Modernland Realty Tbk's value of 0.34 is 80.9% below this industry median. Based on the distribution chart, PT Modernland Realty Tbk ranks #212 out of 1369 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, PT Modernland Realty Tbk has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Modernland Realty Tbk's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT Modernland Realty Tbk ranks #212 out of 1369 companies for Cyclically Adjusted PS Ratio. This places PT Modernland Realty Tbk in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.78. PT Modernland Realty Tbk's value of 0.34 is 80.9% below this benchmark. Historically, PT Modernland Realty Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.65 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 1.78, PT Modernland Realty 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,369 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 Modernland Realty Tbk's current Cyclically Adjusted PS Ratio of 0.34 is 80.9% 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 Modernland Realty Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Modernland Realty Tbk's current Cyclically Adjusted PS Ratio is 0.34, which is near median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Modernland Realty Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Modernland Realty Tbk (ISX:MDLN) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp39.55, compared to a current price of Rp50.00 — trading 26.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.34, which is near median its 10-year median of 0.33 and 80.9% below the Real Estate industry median of 1.78. PT Modernland Realty Tbk's overall GF Score™ is 50/100 with 8 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 Modernland Realty Tbk (ISX:MDLN), the current Cyclically Adjusted PS Ratio is 0.34 as of Aug. 13, 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 Modernland Realty Tbk (ISX:MDLN) Overvalued in 2026?

Based on GuruFocus' analysis, PT Modernland Realty Tbk stock appears to be overvalued. The current stock price of Rp50.00 is trading 26.4% above its estimated GF Value™ of Rp39.55. GuruFocus considers PT Modernland Realty Tbk to be Modestly Overvalued.

Key valuation signals for ISX:MDLN:

  • Cyclically Adjusted PS Ratio: 0.34 (near median its 10-year median of 0.33)
  • GF Value™: Rp39.55 vs. price of Rp50.00 (26.4% above fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 80.9% below the Real Estate median (#212 of 1369)

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


PT Modernland Realty Tbk Business Description

Address Jalan Gajah Mada No. 188, RT.3/RW.5, Commercial Area, Lantai 5, Green Central City, Glodok, Kec. Taman, Kota Jakarta Barat, Daerah Khusus Ibukota Jakarta, Jakarta, IDN, 11120
PT Modernland Realty Tbk is an Indonesian company engaged in property development with a portfolio spanning residential, industrial, and hospitality sectors. Its business activities also include the leasing of furnished and unfurnished properties, the development of supporting facilities and infrastructure, such as golf courses and recreational facilities, and building and infrastructure construction services. In addition, the company engages in trading, distribution, and agency activities supporting its property business and asset management services. The company's operating segments based on project location are as follows: Tangerang, Bekasi, Cakung, Serang, and Gajah Mada. The majority of its revenue is derived from the Cakung region.
50GF Score

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

Rp50.00
Price
Rp39.55
GF Value