GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Steady Safe Tbk (ISX:SAFE) » Definitions » Cyclically Adjusted PS Ratio

PT Steadyfe Tbk (ISX:SAFE) Cyclically Adjusted PS Ratio : 0.98 (As of Jun. 09, 2024)


View and export this data going back to 1994. Start your Free Trial

What is PT Steadyfe Tbk Cyclically Adjusted PS Ratio?

As of today (2024-06-09), PT Steadyfe Tbk's current share price is Rp238.00. PT Steadyfe Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Rp242.03. PT Steadyfe Tbk's Cyclically Adjusted PS Ratio for today is 0.98.

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

ISX:SAFE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.04   Max: 1.6
Current: 0.98

During the past years, PT Steadyfe Tbk's highest Cyclically Adjusted PS Ratio was 1.60. The lowest was 0.67. And the median was 1.04.

ISX:SAFE's Cyclically Adjusted PS Ratio is ranked worse than
51.7% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs ISX:SAFE: 0.98

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 Steadyfe Tbk's adjusted revenue per share data for the three months ended in Mar. 2024 was Rp95.821. 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 Rp242.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Steadyfe Tbk Cyclically Adjusted PS Ratio Historical Data

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

PT Steadyfe 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 - - - 1.12 1.52

PT Steadyfe 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 0.96 0.93 0.69 1.52 1.05

Competitive Comparison of PT Steadyfe Tbk's Cyclically Adjusted PS Ratio

For the Railroads subindustry, PT Steadyfe 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 Steadyfe Tbk's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=238.00/242.03
=0.98

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

For example, PT Steadyfe 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)
=95.821/130.6070*130.6070
=95.821

Current CPI (Mar. 2024) = 130.6070.

PT Steadyfe Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.842 93.015 18.032
201409 10.862 94.576 15.000
201412 9.637 98.819 12.737
201503 10.032 98.388 13.317
201506 7.894 99.766 10.334
201509 7.545 101.037 9.753
201512 3.752 102.133 4.798
201603 6.503 102.764 8.265
201606 2.074 103.212 2.624
201609 0.000 104.142 0.000
201612 -5.238 105.222 -6.502
201703 0.000 106.476 0.000
201706 0.000 107.722 0.000
201709 0.000 108.020 0.000
201712 0.000 109.017 0.000
201803 0.882 110.097 1.046
201806 31.569 111.085 37.117
201809 46.882 111.135 55.096
201812 51.877 112.430 60.264
201903 59.912 112.829 69.352
201906 0.000 114.730 0.000
201909 153.801 114.905 174.819
201912 79.021 115.486 89.368
202003 76.351 116.252 85.779
202006 39.577 116.630 44.320
202009 55.921 116.397 62.748
202012 62.179 117.318 69.222
202103 67.977 117.840 75.342
202106 73.459 118.184 81.181
202109 61.372 118.262 67.779
202112 58.329 119.516 63.742
202203 82.801 120.948 89.413
202206 105.530 123.322 111.764
202209 102.317 125.298 106.652
202212 121.041 126.098 125.369
202303 111.665 126.953 114.879
202306 90.600 127.663 92.689
202309 94.315 128.151 96.122
202312 98.112 129.395 99.031
202403 95.821 130.607 95.821

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 Steadyfe Tbk  (ISX:SAFE) 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 Steadyfe Tbk Cyclically Adjusted PS Ratio Related Terms

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


PT Steadyfe Tbk (ISX:SAFE) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Prof. DR. Satrio No.7, 15th Floor Satrio Tower RT.7/RW.2, Kuningan, Kecamatan Setiabudi Kota Jakarta Selatan, Daerah Khusus Ibukota, Jakarta, IDN, 12950
PT Steady Safe Tbk is a public transportation company. Its business activities are in the field of transportation services, especially to be busway operator in Jakarta. The company and subsidiaries classify their business activities in two main business segments namely Land Transportation and Financial Services segment. The firm's revenue is dominated by the Land Transportation segment.

PT Steadyfe Tbk (ISX:SAFE) Headlines

From GuruFocus

Safehold Announces Leadership Changes

By PRNewswire 01-16-2024

Safehold Announces Tax Treatment of 2022 Dividends

By PRNewswire PRNewswire 01-17-2023

Ryan Howard Joins iStar to Lead Southeast Region

By PRNewswire PRNewswire 08-17-2022

SHAREHOLDER ALERT: Weiss Law Investigates Safehold Inc.

By PRNewswire PRNewswire 08-15-2022

Safehold Reports Third Quarter 2022 Results

By PRNewswire PRNewswire 11-01-2022

Safehold Declares Fourth Quarter 2022 Common Stock Dividend

By PRNewswire PRNewswire 12-15-2022

Safehold Reports Second Quarter 2022 Results

By PRNewswire PRNewswire 08-03-2022