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PT Rig Tenders Indonesia Tbk (ISX:RIGS) Cyclically Adjusted PS Ratio : 0.78 (As of May. 18, 2024)


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What is PT Rig Tenders Indonesia Tbk Cyclically Adjusted PS Ratio?

As of today (2024-05-18), PT Rig Tenders Indonesia Tbk's current share price is Rp505.00. PT Rig Tenders Indonesia Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Rp651.35. PT Rig Tenders Indonesia Tbk's Cyclically Adjusted PS Ratio for today is 0.78.

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

ISX:RIGS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.78   Max: 0.87
Current: 0.77

During the past years, PT Rig Tenders Indonesia Tbk's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.73. And the median was 0.78.

ISX:RIGS's Cyclically Adjusted PS Ratio is ranked better than
52.1% of 739 companies
in the Transportation industry
Industry Median: 0.86 vs ISX:RIGS: 0.77

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 Rig Tenders Indonesia Tbk's adjusted revenue per share data for the three months ended in Mar. 2024 was Rp149.585. 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 Rp651.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Rig Tenders Indonesia Tbk Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PT Rig Tenders Indonesia 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 Rig Tenders Indonesia Tbk Cyclically Adjusted PS Ratio Chart

PT Rig Tenders Indonesia Tbk Annual Data
Trend Dec12 Dec13 Mar15 Mar16 Mar17 Mar18 Mar19 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
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PT Rig Tenders Indonesia Tbk Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 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 - - - 0.74 0.77

Competitive Comparison of PT Rig Tenders Indonesia Tbk's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, PT Rig Tenders Indonesia 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 Rig Tenders Indonesia Tbk's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Rig Tenders Indonesia Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Rig Tenders Indonesia Tbk's Cyclically Adjusted PS Ratio falls into.



PT Rig Tenders Indonesia 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 Rig Tenders Indonesia Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=505.00/651.35
=0.78

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

For example, PT Rig Tenders Indonesia 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)
=149.585/130.6070*130.6070
=149.585

Current CPI (Mar. 2024) = 130.6070.

PT Rig Tenders Indonesia Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200906 0.000 71.293 0.000
201212 0.000 84.658 0.000
201312 0.000 91.196 0.000
201409 0.000 94.576 0.000
201412 221.522 98.819 292.780
201503 223.532 98.388 296.733
201506 177.371 99.766 232.202
201509 212.008 101.037 274.056
201512 134.242 102.133 171.668
201603 121.047 102.764 153.844
201606 91.931 103.212 116.331
201609 107.231 104.142 134.480
201612 141.708 105.222 175.895
201703 125.840 106.476 154.360
201706 92.281 107.722 111.886
201709 116.489 108.020 140.846
201712 155.870 109.017 186.739
201803 163.803 110.097 194.319
201806 156.993 111.085 184.583
201809 163.983 111.135 192.715
201812 189.410 112.430 220.033
201903 150.348 112.829 174.038
201906 150.152 114.730 170.931
201909 153.410 114.905 174.374
201912 156.339 115.486 176.809
202009 99.727 116.397 111.902
202012 94.891 117.318 105.640
202103 99.197 117.840 109.944
202106 109.245 118.184 120.728
202109 111.071 118.262 122.666
202112 131.968 119.516 144.214
202203 135.915 120.948 146.769
202206 128.950 123.322 136.567
202209 136.678 125.298 142.469
202212 129.585 126.098 134.219
202303 148.755 126.953 153.037
202306 145.957 127.663 149.323
202309 135.637 128.151 138.236
202312 142.504 129.395 143.839
202403 149.585 130.607 149.585

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 Rig Tenders Indonesia Tbk  (ISX:RIGS) 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 Rig Tenders Indonesia Tbk Cyclically Adjusted PS Ratio Related Terms

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


PT Rig Tenders Indonesia Tbk (ISX:RIGS) Business Description

Traded in Other Exchanges
N/A
Address
Jl. HR Rasuna Said, GENERALI TOWER GRAN RUBINA BUSINESS PARK, 18th floor, Unit D Kawasan Rasuna Epicentrum, Selatan, Jakarta, IDN, 12940
PT Rig Tenders Indonesia Tbk is a domestic and foreign shipping (especially offshore) and placement installation service and drilling rig offshore company. The company provides services as Offshore Support, Coal Transport, Other Services and Vessel. The company's operating segments are divided into two segments, namely Mining Material Segment and Offshore Segment. It generates maximum revenue from the mining commodities segment.

PT Rig Tenders Indonesia Tbk (ISX:RIGS) Headlines

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