PT Mulia Industrindo Tbk (ISX:MLIA) Cyclically Adjusted PS Ratio: 0.28 (As of Jul. 12, 2026) — 30% Below Median


ISX:MLIA PT Mulia Industrindo Tbk ISX:MLIA
59 GF Score
Price Rp240.00
GF Value Rp311.25
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT Mulia Industrindo Tbk Cyclically Adjusted PS Ratio?

PT Mulia Industrindo Tbk ISX:MLIA -0.83% 59 Cyclically Adjusted PS Ratio is 0.28 as of Jul. 12, 2026, which is 30% below its 10-year median of 0.40. GuruFocus rates ISX:MLIA with a GF Score™ of 59/100 and a GF Value™ of Rp311.25 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,355 Construction companies, PT Mulia Industrindo Tbk ranks better than 77.12% on this metric.

As of today (2026-07-12), PT Mulia Industrindo Tbk's current share price is Rp240.00. PT Mulia Industrindo Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was Rp846.01. PT Mulia Industrindo Tbk's Cyclically Adjusted PS Ratio for today is 0.28.

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

ISX:MLIA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.4   Max: 0.63
Current: 0.28

During the past years, PT Mulia Industrindo Tbk's highest Cyclically Adjusted PS Ratio was 0.63. The lowest was 0.28. And the median was 0.40.

ISX:MLIA's Cyclically Adjusted PS Ratio is ranked better than
77.12% of 1355 companies
in the Construction industry
Industry Median: 0.71 vs ISX:MLIA: 0.28

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 Mulia Industrindo Tbk's adjusted revenue per share data for the three months ended in Mar. 2026 was Rp133.856. 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 Rp846.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Mulia Industrindo Tbk  (ISX:MLIA) 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 Mulia Industrindo Tbk Cyclically Adjusted PS Ratio Related Terms


PT Mulia Industrindo Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Mulia Industrindo 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 Mulia Industrindo Tbk Cyclically Adjusted PS Ratio Chart

PT Mulia Industrindo 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 0.56 0.47 0.35 0.40

PT Mulia Industrindo 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 0.34 0.33 0.40 0.40 0.34

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

For the Building Products & Equipment subindustry, PT Mulia Industrindo 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 Mulia Industrindo Tbk Cyclically Adjusted PS Ratio vs Construction Industry

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

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


ISX:MLIA
59GF Score
PT Mulia Industrindo Tbk ISX:MLIA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mulia Industrindo 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 Mulia Industrindo Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=240.00/846.01
=0.28

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

For example, PT Mulia Industrindo 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)
=133.856/136.5387*136.5387
=133.856

Current CPI (Mar. 2026) = 136.5387.

PT Mulia Industrindo Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 228.292 103.212 302.006
201609 214.902 104.142 281.753
201612 237.222 105.222 307.825
201703 256.617 106.476 329.071
201706 219.905 107.722 278.733
201709 253.858 108.020 320.879
201712 256.595 109.017 321.374
201803 266.937 110.097 331.048
201806 225.082 111.085 276.657
201809 228.509 111.135 280.744
201812 156.354 112.430 189.882
201903 158.768 112.829 192.132
201906 137.469 114.730 163.600
201909 154.018 114.905 183.016
201912 151.383 115.486 178.980
202003 148.881 116.252 174.861
202006 107.096 116.630 125.377
202009 150.630 116.397 176.696
202012 158.678 117.318 184.675
202103 163.160 117.840 189.050
202106 145.519 118.184 168.119
202109 173.501 118.262 200.315
202112 190.440 119.516 217.564
202203 201.240 120.948 227.180
202206 180.578 123.322 199.930
202209 200.118 125.298 218.070
202212 185.012 126.098 200.331
202303 195.323 126.953 210.072
202306 153.303 127.663 163.961
202309 191.220 128.151 203.735
202312 186.747 129.395 197.057
202403 162.128 130.607 169.491
202406 152.537 130.792 159.240
202409 189.246 130.361 198.214
202412 163.819 131.432 170.185
202503 149.954 131.948 155.171
202506 152.624 133.241 156.402
202509 161.528 133.819 164.811
202512 156.556 135.271 158.023
202603 133.856 136.539 133.856

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 0.28 mean?
PT Mulia Industrindo Tbk (ISX:MLIA) has a Cyclically Adjusted PS Ratio of 0.28 as of Jul. 12, 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 Mulia Industrindo Tbk and its competitors. This is 30% below median its historical median of 0.40. Over the past decade, PT Mulia Industrindo Tbk's Cyclically Adjusted PS Ratio has ranged from 0.28 to 0.63. According to the industry distribution chart, PT Mulia Industrindo Tbk ranks #310 out of 1355 companies in the Construction industry, placing it in the top 22.9%.
Is PT Mulia Industrindo Tbk's Cyclically Adjusted PS Ratio too high?
PT Mulia Industrindo Tbk's current Cyclically Adjusted PS Ratio of 0.28 is 30% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.63. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. PT Mulia Industrindo Tbk's value of 0.28 is 60.6% below this industry median. Based on the distribution chart, PT Mulia Industrindo Tbk ranks #310 out of 1355 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, PT Mulia Industrindo Tbk has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mulia Industrindo Tbk's Cyclically Adjusted PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, PT Mulia Industrindo Tbk ranks #310 out of 1355 companies for Cyclically Adjusted PS Ratio. This places PT Mulia Industrindo Tbk in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.71. PT Mulia Industrindo Tbk's value of 0.28 is 60.6% below this benchmark. Historically, PT Mulia Industrindo Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.28 to 0.63 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.71, PT Mulia Industrindo 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 0.71, based on 1,355 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 Mulia Industrindo Tbk's current Cyclically Adjusted PS Ratio of 0.28 is 60.6% 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 Mulia Industrindo Tbk and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mulia Industrindo Tbk's current Cyclically Adjusted PS Ratio is 0.28, which is 30% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mulia Industrindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mulia Industrindo Tbk (ISX:MLIA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp311.25, compared to a current price of Rp240.00 — trading 22.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.28, which is 30% below median its 10-year median of 0.40 and 60.6% below the Construction industry median of 0.71. PT Mulia Industrindo Tbk's overall GF Score™ is 59/100 with 5 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 Mulia Industrindo Tbk (ISX:MLIA), the current Cyclically Adjusted PS Ratio is 0.28 as of Jul. 12, 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 Mulia Industrindo Tbk (ISX:MLIA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mulia Industrindo Tbk stock appears to be undervalued. The current stock price of Rp240.00 is trading 22.9% below its estimated GF Value™ of Rp311.25. GuruFocus considers PT Mulia Industrindo Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MLIA:

  • Cyclically Adjusted PS Ratio: 0.28 (30% below median its 10-year median of 0.40)
  • GF Value™: Rp311.25 vs. price of Rp240.00 (22.9% below fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 60.6% below the Construction median (#310 of 1355)

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


PT Mulia Industrindo Tbk Business Description

Address Jalan H.R. Rasuna Said Kav, 8th Floor, Atrium Mulia Building, B 10-11 Setiabudi, South Jakarta, Jakarta, IDN, 12910
PT Mulia Industrindo Tbk is an Indonesian company. The company operates in below business segments, namely, Float glass, Safety glass, Glass container, and glass block. The majority of its revenues are derived from its Float glass business unit from the Indonesian market. The group operates in Indonesia, Asia, Australia, Europe, America, and Africa.
59GF Score

Get the complete analysis for ISX:MLIA

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

Rp240.00
Price
Rp311.25
GF Value