PT PP Properti Tbk (ISX:PPRO) Cyclically Adjusted PS Ratio: 0.47 (As of Sep. 01, 2026) — 16% Below Median

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ISX:PPRO PT PP Properti Tbk ISX:PPRO
62 GF Score
Price Rp16.00
GF Value Rp16.70
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is PT PP Properti Tbk Cyclically Adjusted PS Ratio?

PT PP Properti Tbk ISX:PPRO 62 Cyclically Adjusted PS Ratio is 0.47 as of Sep. 01, 2026, which is 16% below its 10-year median of 0.56. GuruFocus rates ISX:PPRO with a GF Score™ of 62/100 and a GF Value™ of Rp16.70 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,364 Real Estate companies, PT PP Properti Tbk ranks better than 79.77% on this metric.

As of today (2026-09-01), PT PP Properti Tbk's current share price is Rp16.00. PT PP Properti Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp33.75. PT PP Properti Tbk's Cyclically Adjusted PS Ratio for today is 0.47.

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

ISX:PPRO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.56   Max: 1.05
Current: 0.47

During the past years, PT PP Properti Tbk's highest Cyclically Adjusted PS Ratio was 1.05. The lowest was 0.20. And the median was 0.56.

ISX:PPRO's Cyclically Adjusted PS Ratio is ranked better than
79.77% of 1364 companies
in the Real Estate industry
Industry Median: 1.77 vs ISX:PPRO: 0.47

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 PP Properti Tbk's adjusted revenue per share data for the three months ended in Jun. 2026 was Rp1.499. 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 Rp33.75 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT PP Properti Tbk  (ISX:PPRO) 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 PP Properti Tbk Cyclically Adjusted PS Ratio Related Terms


PT PP Properti Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT PP Properti 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 PP Properti Tbk Cyclically Adjusted PS Ratio Chart

PT PP Properti 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 0.00 0.56 0.59

PT PP Properti 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 0.58 0.58 0.59 0.94 0.47

PT PP Properti Tbk Cyclically Adjusted PS Ratio Competitor Comparison

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

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

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


ISX:PPRO
62GF Score
PT PP Properti Tbk ISX:PPRO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT PP Properti 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 PP Properti Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.00/33.75
=0.47

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

For example, PT PP Properti 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)
=1.499/137.6954*137.6954
=1.499

Current CPI (Jun. 2026) = 137.6954.

PT PP Properti Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 10.461 104.142 13.831
201612 10.464 105.222 13.693
201703 46.973 106.476 60.746
201706 7.872 107.722 10.062
201709 12.042 108.020 15.350
201712 14.869 109.017 18.781
201803 10.899 110.097 13.631
201806 8.758 111.085 10.856
201809 10.371 111.135 12.850
201812 11.904 112.430 14.579
201903 7.277 112.829 8.881
201906 7.232 114.730 8.680
201909 8.068 114.905 9.668
201912 4.082 115.486 4.867
202003 6.074 116.252 7.194
202006 6.722 116.630 7.936
202009 8.207 116.397 9.709
202012 12.916 117.318 15.159
202103 3.754 117.840 4.387
202106 5.870 118.184 6.839
202109 4.290 118.262 4.995
202112 0.238 119.516 0.274
202203 6.465 120.948 7.360
202206 9.790 123.322 10.931
202209 4.918 125.298 5.405
202212 6.754 126.098 7.375
202303 3.721 126.953 4.036
202306 1.257 127.663 1.356
202309 1.205 128.151 1.295
202312 9.930 129.395 10.567
202403 1.623 130.607 1.711
202406 1.527 130.792 1.608
202409 1.589 130.361 1.678
202412 2.768 131.432 2.900
202503 1.095 131.948 1.143
202506 1.260 133.241 1.302
202509 1.439 133.819 1.481
202512 1.496 135.271 1.523
202603 1.336 136.539 1.347
202606 1.499 137.695 1.499

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 0.47 mean?
PT PP Properti Tbk (ISX:PPRO) has a Cyclically Adjusted PS Ratio of 0.47 as of Sep. 01, 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 PP Properti Tbk and its competitors. This is 16% below median its historical median of 0.56. Over the past decade, PT PP Properti Tbk's Cyclically Adjusted PS Ratio has ranged from 0.20 to 1.05. According to the industry distribution chart, PT PP Properti Tbk ranks #276 out of 1364 companies in the Real Estate industry, placing it in the top 20.2%.
Is PT PP Properti Tbk's Cyclically Adjusted PS Ratio too high?
PT PP Properti Tbk's current Cyclically Adjusted PS Ratio of 0.47 is 16% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 1.05. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.77. PT PP Properti Tbk's value of 0.47 is 73.4% below this industry median. Based on the distribution chart, PT PP Properti Tbk ranks #276 out of 1364 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, PT PP Properti Tbk has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT PP Properti Tbk's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT PP Properti Tbk ranks #276 out of 1364 companies for Cyclically Adjusted PS Ratio. This places PT PP Properti Tbk in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.77. PT PP Properti Tbk's value of 0.47 is 73.4% below this benchmark. Historically, PT PP Properti Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.20 to 1.05 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.77, PT PP Properti 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 1.77, based on 1,364 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 PP Properti Tbk's current Cyclically Adjusted PS Ratio of 0.47 is 73.4% 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 PP Properti Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT PP Properti Tbk's current Cyclically Adjusted PS Ratio is 0.47, which is 16% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT PP Properti Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT PP Properti Tbk (ISX:PPRO) is currently considered Fairly Valued. The stock's GF Value™ is Rp16.70, compared to a current price of Rp16.00 — trading 4.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.47, which is 16% below median its 10-year median of 0.56 and 73.4% below the Real Estate industry median of 1.77. PT PP Properti Tbk's overall GF Score™ is 62/100 with 6 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 PP Properti Tbk (ISX:PPRO), the current Cyclically Adjusted PS Ratio is 0.47 as of Sep. 01, 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 PP Properti Tbk (ISX:PPRO) Overvalued in 2026?

Based on GuruFocus' analysis, PT PP Properti Tbk stock appears to be undervalued. The current stock price of Rp16.00 is trading 4.2% below its estimated GF Value™ of Rp16.70. GuruFocus considers PT PP Properti Tbk to be Fairly Valued.

Key valuation signals for ISX:PPRO:

  • Cyclically Adjusted PS Ratio: 0.47 (16% below median its 10-year median of 0.56)
  • GF Value™: Rp16.70 vs. price of Rp16.00 (4.2% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 73.4% below the Real Estate median (#276 of 1364)

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


PT PP Properti Tbk Business Description

Address Jl. Letjend. TB. Simatupang No. 57, Plaza PP Lantai, Floor 7, Pasar Rebo, Jakarta Timur, Jakarta, IDN, 13760
PT PP Properti Tbk is engaged in real estate sector. The company operates a diversified business portfolio centered on two main pillars: Construction Services and Investment. In the Construction Services segment, it possesses comprehensive capabilities encompassing General Contracting services (Buildings, Civil, and EPC), supported by a Specialized Contracting business line covering specialized works, plant management, and equipment supply. Meanwhile, in the Investment segment, it strategically develops its business portfolio through the Infrastructure, Energy, and Property sectors, as part of efforts to create sustainable added value and strengthen the Company's business fundamentals in the long term.
62GF Score

Get the complete analysis for ISX:PPRO

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

Rp16.00
Price
Rp16.70
GF Value