PT Semen Baturaja (Persero) Tbk (ISX:SMBR) Cyclically Adjusted PS Ratio: 0.82 (As of Sep. 07, 2026) — 38% Below Median

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ISX:SMBR PT Semen Baturaja (Persero) Tbk ISX:SMBR
72 GF Score
Price Rp180.00
GF Value Rp260.79
Valuation Possible Value Trap
! 4 Warning Signs
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What is PT Semen Baturaja (Persero) Tbk Cyclically Adjusted PS Ratio?

PT Semen Baturaja (Persero) Tbk ISX:SMBR -0.55% 72 Cyclically Adjusted PS Ratio is 0.82 as of Sep. 07, 2026, which is 38% below its 10-year median of 1.33. GuruFocus rates ISX:SMBR with a GF Score™ of 72/100 and a GF Value™ of Rp260.79 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 321 Building Materials companies, PT Semen Baturaja (Persero) Tbk ranks better than 59.19% on this metric.

As of today (2026-09-07), PT Semen Baturaja (Persero) Tbk's current share price is Rp180.00. PT Semen Baturaja (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp220.85. PT Semen Baturaja (Persero) Tbk's Cyclically Adjusted PS Ratio for today is 0.82.

The historical rank and industry rank for PT Semen Baturaja (Persero) Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:

ISX:SMBR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.33   Max: 2.51
Current: 0.82

During the past years, PT Semen Baturaja (Persero) Tbk's highest Cyclically Adjusted PS Ratio was 2.51. The lowest was 0.65. And the median was 1.33.

ISX:SMBR's Cyclically Adjusted PS Ratio is ranked better than
59.19% of 321 companies
in the Building Materials industry
Industry Median: 1.03 vs ISX:SMBR: 0.82

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 Semen Baturaja (Persero) Tbk's adjusted revenue per share data for the three months ended in Jun. 2026 was Rp52.426. 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 Rp220.85 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Semen Baturaja (Persero) Tbk  (ISX:SMBR) 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 Semen Baturaja (Persero) Tbk Cyclically Adjusted PS Ratio Related Terms


PT Semen Baturaja (Persero) Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Semen Baturaja (Persero) 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 Semen Baturaja (Persero) Tbk Cyclically Adjusted PS Ratio Chart

PT Semen Baturaja (Persero) 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 1.68 1.40 0.99 1.33

PT Semen Baturaja (Persero) 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 1.40 1.30 1.33 0.98 0.66

ISX:SMBR vs CRH, MLM, VMC: Cyclically Adjusted PS Ratio Comparison

For the Building Materials subindustry, PT Semen Baturaja (Persero) 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 Semen Baturaja (Persero) Tbk Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Semen Baturaja (Persero) Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Semen Baturaja (Persero) Tbk's Cyclically Adjusted PS Ratio falls into.


ISX:SMBR
72GF Score
PT Semen Baturaja (Persero) Tbk ISX:SMBR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Semen Baturaja (Persero) 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 Semen Baturaja (Persero) Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=180.00/220.85
=0.82

* 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 Semen Baturaja (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Semen Baturaja (Persero) 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)
=52.426/137.6954*137.6954
=52.426

Current CPI (Jun. 2026) = 137.6954.

PT Semen Baturaja (Persero) Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 39.741 104.142 52.545
201612 48.784 105.222 63.840
201703 33.318 106.476 43.087
201706 30.258 107.722 38.677
201709 37.598 108.020 47.927
201712 54.183 109.017 68.437
201803 40.072 110.097 50.117
201806 39.573 111.085 49.053
201809 59.858 111.135 74.164
201812 61.018 112.430 74.730
201903 42.561 112.829 51.941
201906 41.352 114.730 49.629
201909 59.439 114.905 71.228
201912 57.958 115.486 69.104
202003 33.805 116.252 40.040
202006 33.834 116.630 39.945
202009 48.166 116.397 56.980
202012 57.556 117.318 67.553
202103 40.624 117.840 47.469
202106 36.258 118.184 42.244
202109 45.290 118.262 52.732
202112 54.177 119.516 62.418
202203 41.906 120.948 47.709
202206 41.139 123.322 45.934
202209 49.790 125.298 54.716
202212 56.620 126.098 61.828
202303 43.288 126.953 46.951
202306 41.997 127.663 45.297
202309 60.614 128.151 65.128
202312 59.555 129.395 63.375
202403 43.542 130.607 45.905
202406 40.543 130.792 42.683
202409 57.680 130.361 60.925
202412 68.790 131.432 72.068
202503 53.140 131.948 55.455
202506 56.964 133.241 58.869
202509 69.337 133.819 71.346
202512 58.354 135.271 59.400
202603 44.238 136.539 44.613
202606 52.426 137.695 52.426

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 0.82 mean?
PT Semen Baturaja (Persero) Tbk (ISX:SMBR) has a Cyclically Adjusted PS Ratio of 0.82 as of Sep. 07, 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 Semen Baturaja (Persero) Tbk and its competitors. This is 38% below median its historical median of 1.33. Over the past decade, PT Semen Baturaja (Persero) Tbk's Cyclically Adjusted PS Ratio has ranged from 0.65 to 2.51. According to the industry distribution chart, PT Semen Baturaja (Persero) Tbk ranks #131 out of 321 companies in the Building Materials industry, placing it in the top 40.8%.
Is PT Semen Baturaja (Persero) Tbk's Cyclically Adjusted PS Ratio too high?
PT Semen Baturaja (Persero) Tbk's current Cyclically Adjusted PS Ratio of 0.82 is 38% below median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 2.51. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.03. PT Semen Baturaja (Persero) Tbk's value of 0.82 is 20.4% below this industry median. Based on the distribution chart, PT Semen Baturaja (Persero) Tbk ranks #131 out of 321 companies in the Building Materials industry, which is above the industry midpoint. Overall, PT Semen Baturaja (Persero) Tbk has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Semen Baturaja (Persero) Tbk's Cyclically Adjusted PS Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, PT Semen Baturaja (Persero) Tbk ranks #131 out of 321 companies for Cyclically Adjusted PS Ratio. This puts PT Semen Baturaja (Persero) Tbk in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.03. PT Semen Baturaja (Persero) Tbk's value of 0.82 is 20.4% below this benchmark. Historically, PT Semen Baturaja (Persero) Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.65 to 2.51 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 1.03, PT Semen Baturaja (Persero) 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 Building Materials company?
The median Cyclically Adjusted PS Ratio among Building Materials companies is 1.03, based on 321 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 Semen Baturaja (Persero) Tbk's current Cyclically Adjusted PS Ratio of 0.82 is 20.4% 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 Semen Baturaja (Persero) Tbk and its competitors. For the Building Materials industry, the median Cyclically Adjusted PS Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Semen Baturaja (Persero) Tbk's current Cyclically Adjusted PS Ratio is 0.82, which is 38% below median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Semen Baturaja (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Semen Baturaja (Persero) Tbk (ISX:SMBR) is currently considered Possible Value Trap. The stock's GF Value™ is Rp260.79, compared to a current price of Rp180.00 — trading 31% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.82, which is 38% below median its 10-year median of 1.33 and 20.4% below the Building Materials industry median of 1.03. PT Semen Baturaja (Persero) Tbk's overall GF Score™ is 72/100 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 Semen Baturaja (Persero) Tbk (ISX:SMBR), the current Cyclically Adjusted PS Ratio is 0.82 as of Sep. 07, 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 Semen Baturaja (Persero) Tbk (ISX:SMBR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Semen Baturaja (Persero) Tbk stock appears to be undervalued. The current stock price of Rp180.00 is trading 31% below its estimated GF Value™ of Rp260.79. GuruFocus considers PT Semen Baturaja (Persero) Tbk to be Possible Value Trap.

Key valuation signals for ISX:SMBR:

  • Cyclically Adjusted PS Ratio: 0.82 (38% below median its 10-year median of 1.33)
  • GF Value™: Rp260.79 vs. price of Rp180.00 (31% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 20.4% below the Building Materials median (#131 of 321)

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


PT Semen Baturaja (Persero) Tbk Business Description

Address Jalan Abikusno Cokrosuyoso Kertapati, P.O. Box 1175, Palembang, IDN, 30258
PT Semen Baturaja (Persero) Tbk is an Indonesian-based company engaged in cement manufacturing. Its product portfolio includes Ordinary Portland Cement (OPC) Type II, Ordinary Portland Cement (OPC) Type V, and Ordinary Portland Cement (OPC) Type I. The company's geographical segment includes South Sumatra, Lampung, Jambi, and Jakarta. It generates maximum revenue from the South Sumatra region. The company generates the majority of its revenue from the sale of cement products.
72GF Score

Get the complete analysis for ISX:SMBR

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

Rp180.00
Price
Rp260.79
GF Value