PT Rukun Raharja Tbk (ISX:RAJA) Cyclically Adjusted PS Ratio: 6.20 (As of Aug. 14, 2026) — 150% Above Median

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ISX:RAJA PT Rukun Raharja Tbk ISX:RAJA
84 GF Score
Price Rp835.00
GF Value Rp533.30
Valuation Significantly Overvalued
! 4 Warning Signs
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What is PT Rukun Raharja Tbk Cyclically Adjusted PS Ratio?

PT Rukun Raharja Tbk ISX:RAJA -2.91% 84 Cyclically Adjusted PS Ratio is 6.20 as of Aug. 14, 2026, which is 150% above its 10-year median of 2.48. GuruFocus rates ISX:RAJA with a GF Score™ of 84/100 and a GF Value™ of Rp533.30 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 440 Utilities - Regulated companies, PT Rukun Raharja Tbk ranks worse than 96.59% on this metric.

As of today (2026-08-14), PT Rukun Raharja Tbk's current share price is Rp835.00. PT Rukun Raharja Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp134.73. PT Rukun Raharja Tbk's Cyclically Adjusted PS Ratio for today is 6.20.

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

ISX:RAJA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.48   Max: 12.53
Current: 6.38

During the past years, PT Rukun Raharja Tbk's highest Cyclically Adjusted PS Ratio was 12.53. The lowest was 1.42. And the median was 2.48.

ISX:RAJA's Cyclically Adjusted PS Ratio is ranked worse than
96.59% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs ISX:RAJA: 6.38

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 Rukun Raharja Tbk's adjusted revenue per share data for the three months ended in Jun. 2026 was Rp64.815. 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 Rp134.73 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Rukun Raharja Tbk  (ISX:RAJA) 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 Rukun Raharja Tbk Cyclically Adjusted PS Ratio Related Terms


PT Rukun Raharja Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Rukun Raharja 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 Rukun Raharja Tbk Cyclically Adjusted PS Ratio Chart

PT Rukun Raharja 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 1.89 2.41 4.46 9.44

PT Rukun Raharja 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 3.86 5.01 9.44 5.54 5.34

ISX:RAJA vs ATO, NI, UGI: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, PT Rukun Raharja 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 Rukun Raharja Tbk Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PT Rukun Raharja Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:RAJA
84GF Score
PT Rukun Raharja Tbk ISX:RAJA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Rukun Raharja 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 Rukun Raharja Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=835.00/134.73
=6.20

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

For example, PT Rukun Raharja 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)
=64.815/137.6954*137.6954
=64.815

Current CPI (Jun. 2026) = 137.6954.

PT Rukun Raharja Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 28.754 104.142 38.018
201612 34.801 105.222 45.541
201703 24.920 106.476 32.227
201706 23.908 107.722 30.560
201709 20.793 108.020 26.505
201712 28.144 109.017 35.548
201803 19.785 110.097 24.745
201806 19.565 111.085 24.252
201809 20.541 111.135 25.450
201812 21.234 112.430 26.006
201903 19.744 112.829 24.095
201906 19.494 114.730 23.396
201909 21.014 114.905 25.182
201912 21.486 115.486 25.618
202003 21.245 116.252 25.164
202006 15.861 116.630 18.726
202009 14.852 116.397 17.570
202012 16.504 117.318 19.371
202103 17.779 117.840 20.775
202106 15.422 118.184 17.968
202109 15.225 118.262 17.727
202112 17.238 119.516 19.860
202203 18.708 120.948 21.298
202206 19.821 123.322 22.131
202209 22.517 125.298 24.745
202212 28.673 126.098 31.310
202303 26.805 126.953 29.073
202306 26.084 127.663 28.134
202309 46.245 128.151 49.689
202312 48.611 129.395 51.729
202403 45.805 130.607 48.291
202406 47.792 130.792 50.315
202409 48.024 130.361 50.726
202412 49.178 131.432 51.522
202503 51.497 131.948 53.740
202506 47.493 133.241 49.081
202509 53.435 133.819 54.983
202512 55.822 135.271 56.822
202603 44.264 136.539 44.639
202606 64.815 137.695 64.815

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 6.20 mean?
PT Rukun Raharja Tbk (ISX:RAJA) has a Cyclically Adjusted PS Ratio of 6.20 as of Aug. 14, 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 Rukun Raharja Tbk and its competitors. This is 150% above median its historical median of 2.48. Over the past decade, PT Rukun Raharja Tbk's Cyclically Adjusted PS Ratio has ranged from 1.42 to 12.53. According to the industry distribution chart, PT Rukun Raharja Tbk ranks #425 out of 440 companies in the Utilities - Regulated industry, placing it in the top 96.6%.
Is PT Rukun Raharja Tbk's Cyclically Adjusted PS Ratio too high?
PT Rukun Raharja Tbk's current Cyclically Adjusted PS Ratio of 6.20 is 150% above median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 12.53. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.43. PT Rukun Raharja Tbk's value of 6.20 is 333.6% above this industry median. Based on the distribution chart, PT Rukun Raharja Tbk ranks #425 out of 440 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, PT Rukun Raharja Tbk has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Rukun Raharja Tbk's Cyclically Adjusted PS Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, PT Rukun Raharja Tbk ranks #425 out of 440 companies for Cyclically Adjusted PS Ratio. This places PT Rukun Raharja Tbk in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.43. PT Rukun Raharja Tbk's value of 6.20 is 333.6% above this benchmark. Historically, PT Rukun Raharja Tbk's own Cyclically Adjusted PS Ratio has ranged from 1.42 to 12.53 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 1.43, PT Rukun Raharja 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 an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.43, based on 440 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 Rukun Raharja Tbk's current Cyclically Adjusted PS Ratio of 6.20 is 333.6% 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 Rukun Raharja Tbk and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Rukun Raharja Tbk's current Cyclically Adjusted PS Ratio is 6.20, which is 150% above median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Rukun Raharja Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Rukun Raharja Tbk (ISX:RAJA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp533.30, compared to a current price of Rp835.00 — trading 56.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.20, which is 150% above median its 10-year median of 2.48 and 333.6% above the Utilities - Regulated industry median of 1.43. PT Rukun Raharja Tbk's overall GF Score™ is 84/100 with 4 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 Rukun Raharja Tbk (ISX:RAJA), the current Cyclically Adjusted PS Ratio is 6.20 as of Aug. 14, 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 Rukun Raharja Tbk (ISX:RAJA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Rukun Raharja Tbk stock appears to be overvalued. The current stock price of Rp835.00 is trading 56.6% above its estimated GF Value™ of Rp533.30. GuruFocus considers PT Rukun Raharja Tbk to be Significantly Overvalued.

Key valuation signals for ISX:RAJA:

  • Cyclically Adjusted PS Ratio: 6.20 (150% above median its 10-year median of 2.48)
  • GF Value™: Rp533.30 vs. price of Rp835.00 (56.6% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 333.6% above the Utilities - Regulated median (#425 of 440)

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


PT Rukun Raharja Tbk Business Description

Address Jalan Thamrin Boulevard, Office Park Thamrin Residences Blok A 01-05, Kel. Kebon Melati, Kec. Tanah Abang, Jakarta, IDN, 10230
PT Rukun Raharja Tbk, through its subsidiaries, is engaged in the distribution of natural gas, LPG distribution, and related activities, and gas transmission and compression. Its segments include the Natural Gas Distribution Segment, Oil and gas Lifting Segment, and Other Segments. The company conducts its business in the field of service or natural gas distribution services, provision, and management of loading and unloading of containers, filling, and transportation services to LPG gas cylinders.
84GF Score

Get the complete analysis for ISX:RAJA

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

Rp835.00
Price
Rp533.30
GF Value