PT Trimegah Bangun Persada Tbk (ISX:NCKL) Cyclically Adjusted PS Ratio: (As of Aug. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:NCKL PT Trimegah Bangun Persada Tbk ISX:NCKL
97 GF Score
Price Rp955.00
GF Value Rp1,224.06
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is PT Trimegah Bangun Persada Tbk Cyclically Adjusted PS Ratio?

PT Trimegah Bangun Persada Tbk does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Trimegah Bangun Persada Tbk  (ISX:NCKL) 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 Trimegah Bangun Persada Tbk Cyclically Adjusted PS Ratio Related Terms


PT Trimegah Bangun Persada Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk Cyclically Adjusted PS Ratio Chart

PT Trimegah Bangun Persada Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

PT Trimegah Bangun Persada Tbk Quarterly Data
Dec19 Dec20 Dec21 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 0.00 0.00 0.00 0.00 0.00

PT Trimegah Bangun Persada Tbk Cyclically Adjusted PS Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Trimegah Bangun Persada Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Trimegah Bangun Persada Tbk's Cyclically Adjusted PS Ratio falls into.


ISX:NCKL
97GF Score
PT Trimegah Bangun Persada Tbk ISX:NCKL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Is PT Trimegah Bangun Persada Tbk (ISX:NCKL) Overvalued in 2026?

Based on GuruFocus' analysis, PT Trimegah Bangun Persada Tbk stock appears to be undervalued. The current stock price of Rp955.00 is trading 22% below its estimated GF Value™ of Rp1,224.06. GuruFocus considers PT Trimegah Bangun Persada Tbk to be Modestly Undervalued.

Key valuation signals for ISX:NCKL:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: Rp1,224.06 vs. price of Rp955.00 (22% below fair value)
  • GF Score™: 97/100 with 4 warning signs

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


PT Trimegah Bangun Persada Tbk Business Description

Address Jalan Jendral Sudirman Kav. 1, Panin Bank Building, Kelurahan Gelora, Kecamatan Tanah Abang, Jakarta Pusat, IDN, 10270
PT Trimegah Bangun Persada Tbk is an Indonesian nickel producer with upstream and downstream capabilities mainly based on the Obi Islands in North Maluku province. TBP Group is the pure-play nickel producer in Indonesia. Since its establishment, it has gained vital support from controlling owner Harita Jayaraya, part of the Harita Group, a conglomerate with over 100 years of business experience in Indonesia.
97GF Score

Get the complete analysis for ISX:NCKL

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

Rp955.00
Price
Rp1,224.06
GF Value