PT Multipolar Technology Tbk (ISX:MLPT) Cyclically Adjusted PS Ratio: 22.37 (As of Aug. 06, 2026) — 112% Above Median

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ISX:MLPT PT Multipolar Technology Tbk ISX:MLPT
83 GF Score
Price Rp1,605.00
GF Value Rp803.71
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is PT Multipolar Technology Tbk Cyclically Adjusted PS Ratio?

PT Multipolar Technology Tbk ISX:MLPT -3.60% 83 Cyclically Adjusted PS Ratio is 22.37 as of Aug. 06, 2026, which is 112% above its 10-year median of 10.54. GuruFocus rates ISX:MLPT with a GF Score™ of 83/100 and a GF Value™ of Rp803.71 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,587 Software companies, PT Multipolar Technology Tbk ranks worse than 97.98% on this metric.

As of today (2026-08-06), PT Multipolar Technology Tbk's current share price is Rp1605.00. PT Multipolar Technology Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp71.75. PT Multipolar Technology Tbk's Cyclically Adjusted PS Ratio for today is 22.37.

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

ISX:MLPT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 10.54   Max: 117.53
Current: 23.21

During the past years, PT Multipolar Technology Tbk's highest Cyclically Adjusted PS Ratio was 117.53. The lowest was 0.76. And the median was 10.54.

ISX:MLPT's Cyclically Adjusted PS Ratio is ranked worse than
97.98% of 1587 companies
in the Software industry
Industry Median: 1.66 vs ISX:MLPT: 23.21

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 Multipolar Technology Tbk's adjusted revenue per share data for the three months ended in Jun. 2026 was Rp20.030. 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 Rp71.75 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Multipolar Technology Tbk  (ISX:MLPT) 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 Multipolar Technology Tbk Cyclically Adjusted PS Ratio Related Terms


PT Multipolar Technology Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Multipolar Technology 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 Multipolar Technology Tbk Cyclically Adjusted PS Ratio Chart

PT Multipolar Technology 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 0.00 1.01 11.31 35.94

PT Multipolar Technology 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 21.28 86.38 35.94 8.52 9.59

ISX:MLPT vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, PT Multipolar Technology 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 Multipolar Technology Tbk Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, PT Multipolar Technology Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:MLPT
83GF Score
PT Multipolar Technology Tbk ISX:MLPT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Multipolar Technology 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 Multipolar Technology Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1605.00/71.75
=22.37

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

For example, PT Multipolar Technology 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)
=20.03/137.6954*137.6954
=20.030

Current CPI (Jun. 2026) = 137.6954.

PT Multipolar Technology Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.070 104.142 10.670
201612 12.425 105.222 16.260
201703 8.712 106.476 11.266
201706 9.407 107.722 12.025
201709 13.181 108.020 16.802
201712 14.366 109.017 18.145
201803 9.765 110.097 12.213
201806 9.750 111.085 12.086
201809 12.941 111.135 16.034
201812 19.501 112.430 23.883
201903 10.041 112.829 12.254
201906 13.313 114.730 15.978
201909 12.655 114.905 15.165
201912 16.376 115.486 19.525
202003 10.857 116.252 12.860
202006 13.812 116.630 16.307
202009 14.471 116.397 17.119
202012 18.157 117.318 21.311
202103 11.881 117.840 13.883
202106 13.747 118.184 16.017
202109 15.851 118.262 18.456
202112 22.451 119.516 25.866
202203 19.441 120.948 22.133
202206 16.191 123.322 18.078
202209 18.191 125.298 19.991
202212 19.611 126.098 21.415
202303 13.299 126.953 14.424
202306 20.251 127.663 21.842
202309 16.702 128.151 17.946
202312 20.088 129.395 21.377
202403 17.703 130.607 18.664
202406 17.157 130.792 18.063
202409 17.891 130.361 18.898
202412 26.817 131.432 28.095
202503 16.826 131.948 17.559
202506 19.207 133.241 19.849
202509 22.000 133.819 22.637
202512 23.864 135.271 24.292
202603 17.906 136.539 18.058
202606 20.030 137.695 20.030

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 22.37 mean?
PT Multipolar Technology Tbk (ISX:MLPT) has a Cyclically Adjusted PS Ratio of 22.37 as of Aug. 06, 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 Multipolar Technology Tbk and its competitors. This is 112% above median its historical median of 10.54. Over the past decade, PT Multipolar Technology Tbk's Cyclically Adjusted PS Ratio has ranged from 0.76 to 117.53. According to the industry distribution chart, PT Multipolar Technology Tbk ranks #1555 out of 1587 companies in the Software industry, placing it in the top 98%.
Is PT Multipolar Technology Tbk's Cyclically Adjusted PS Ratio too high?
PT Multipolar Technology Tbk's current Cyclically Adjusted PS Ratio of 22.37 is 112% above median its 10-year median of 10.54. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 117.53. The Software industry median Cyclically Adjusted PS Ratio is 1.66. PT Multipolar Technology Tbk's value of 22.37 is 1247.6% above this industry median. Based on the distribution chart, PT Multipolar Technology Tbk ranks #1555 out of 1587 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, PT Multipolar Technology Tbk has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multipolar Technology Tbk's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, PT Multipolar Technology Tbk ranks #1555 out of 1587 companies for Cyclically Adjusted PS Ratio. This places PT Multipolar Technology Tbk in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. PT Multipolar Technology Tbk's value of 22.37 is 1247.6% above this benchmark. Historically, PT Multipolar Technology Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.76 to 117.53 over the past decade. While the company's 10-year median is 10.54 vs. the industry median of 1.66, PT Multipolar Technology Tbk has consistently been above 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.66, based on 1,587 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 Multipolar Technology Tbk's current Cyclically Adjusted PS Ratio of 22.37 is 1247.6% above 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 Multipolar Technology Tbk and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multipolar Technology Tbk's current Cyclically Adjusted PS Ratio is 22.37, which is 112% above median its own 10-year median of 10.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multipolar Technology Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multipolar Technology Tbk (ISX:MLPT) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp803.71, compared to a current price of Rp1,605.00 — trading 99.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 22.37, which is 112% above median its 10-year median of 10.54 and 1247.6% above the Software industry median of 1.66. PT Multipolar Technology Tbk's overall GF Score™ is 83/100 with 3 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 Multipolar Technology Tbk (ISX:MLPT), the current Cyclically Adjusted PS Ratio is 22.37 as of Aug. 06, 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 Multipolar Technology Tbk (ISX:MLPT) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multipolar Technology Tbk stock appears to be overvalued. The current stock price of Rp1,605.00 is trading 99.7% above its estimated GF Value™ of Rp803.71. GuruFocus considers PT Multipolar Technology Tbk to be Significantly Overvalued.

Key valuation signals for ISX:MLPT:

  • Cyclically Adjusted PS Ratio: 22.37 (112% above median its 10-year median of 10.54)
  • GF Value™: Rp803.71 vs. price of Rp1,605.00 (99.7% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 1247.6% above the Software median (#1555 of 1587)

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


PT Multipolar Technology Tbk Business Description

Address Jalan Mega Kuningan Barat III, Lot 10. 1-6, Sopo Del Office Tower & Lifestyle, Tower B, 18th Floor, Kawasan Mega Kuningan, Jakarta, IDN, 12950
PT Multipolar Technology Tbk is an Indonesian-based company engaged in consultation, integration, and information technology management. Its business activities include Strategy & Planning, Customer Experience Platforms & Services, Digital Insights, Business Solution Platforms & Services, Hybrid Integration Platforms & Services, Hybrid Infrastructure Platforms & Services, and Security Platforms & Services. The revenue is generated from Technology Services, followed by Hardware & Supporting Devices, IT Outsourcing, Software, and Others.
83GF Score

Get the complete analysis for ISX:MLPT

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

Rp1,605.00
Price
Rp803.71
GF Value