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PT Panin Sekuritas Tbk (ISX:PANS) Cyclically Adjusted PS Ratio : 3.02 (As of May. 22, 2024)


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What is PT Panin Sekuritas Tbk Cyclically Adjusted PS Ratio?

As of today (2024-05-22), PT Panin Sekuritas Tbk's current share price is Rp1670.00. PT Panin Sekuritas Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Rp552.46. PT Panin Sekuritas Tbk's Cyclically Adjusted PS Ratio for today is 3.02.

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

ISX:PANS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.79   Max: 3.57
Current: 3.01

During the past years, PT Panin Sekuritas Tbk's highest Cyclically Adjusted PS Ratio was 3.57. The lowest was 1.42. And the median was 2.79.

ISX:PANS's Cyclically Adjusted PS Ratio is ranked better than
50.95% of 581 companies
in the Capital Markets industry
Industry Median: 3.12 vs ISX:PANS: 3.01

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 Panin Sekuritas Tbk's adjusted revenue per share data for the three months ended in Mar. 2024 was Rp107.792. 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 Rp552.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Panin Sekuritas Tbk Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PT Panin Sekuritas 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.

* Premium members only.

PT Panin Sekuritas Tbk Cyclically Adjusted PS Ratio Chart

PT Panin Sekuritas Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.37 2.32 3.37 2.90

PT Panin Sekuritas Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.15 3.41 3.08 2.90 2.93

Competitive Comparison of PT Panin Sekuritas Tbk's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, PT Panin Sekuritas 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 Panin Sekuritas Tbk's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT Panin Sekuritas Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PT Panin Sekuritas 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 Panin Sekuritas Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1670.00/552.46
=3.02

* 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 Panin Sekuritas Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Panin Sekuritas Tbk's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=107.792/130.6070*130.6070
=107.792

Current CPI (Mar. 2024) = 130.6070.

PT Panin Sekuritas Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 141.192 93.015 198.255
201409 157.551 94.576 217.574
201412 115.683 98.819 152.895
201503 147.679 98.388 196.040
201506 140.122 99.766 183.438
201509 114.726 101.037 148.303
201512 116.236 102.133 148.642
201603 121.374 102.764 154.259
201606 126.705 103.212 160.335
201609 135.999 104.142 170.559
201612 118.220 105.222 146.741
201703 111.914 106.476 137.278
201706 99.526 107.722 120.670
201709 106.084 108.020 128.266
201712 99.824 109.017 119.594
201803 104.000 110.097 123.375
201806 93.256 111.085 109.645
201809 154.716 111.135 181.825
201812 111.013 112.430 128.961
201903 111.846 112.829 129.470
201906 107.137 114.730 121.963
201909 110.047 114.905 125.086
201912 106.336 115.486 120.259
202003 97.191 116.252 109.192
202006 82.119 116.630 91.960
202009 98.618 116.397 110.658
202012 130.528 117.318 145.313
202103 153.431 117.840 170.054
202106 107.950 118.184 119.297
202109 120.682 118.262 133.280
202112 131.490 119.516 143.692
202203 119.489 120.948 129.031
202206 128.119 123.322 135.687
202209 117.080 125.298 122.040
202212 123.005 126.098 127.404
202303 112.176 126.953 115.405
202306 110.016 127.663 112.553
202309 114.436 128.151 116.629
202312 110.184 129.395 111.216
202403 107.792 130.607 107.792

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.


PT Panin Sekuritas Tbk  (ISX:PANS) 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 Panin Sekuritas Tbk Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of PT Panin Sekuritas Tbk's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Panin Sekuritas Tbk (ISX:PANS) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jendral Sudirman Kav. 52-53, Suite 1705, 17th Floor, Gedung Bursa Efek Indonesia (BEI) - Tower II, Jakarta, IDN, 12190
PT Panin Sekuritas Tbk is engaged in the capital markets business sector. The company is engaged in providing services like broker dealing, corporate finance, asset management, research, online trading, Sharia online trading, education, and others. The operating segments of the company include Brokerage and underwriting and Investment manager. The company generates maximum revenue from the Brokerage and underwriting segment. The product line of the company consists of Panin News, trading ideas, recommendations, company reports, industrial reports, and others.

PT Panin Sekuritas Tbk (ISX:PANS) Headlines

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