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PT Semen Indonesia (Persero) TbkISX:SMGR -0.31%67 Cyclically Adjusted PS Ratio is 0.25 as of Aug. 09, 2026, which is 78% below its 10-year median of 1.12. GuruFocus rates ISX:SMGR with a GF Score™ of 67/100 and a GF Value™ of Rp3,421.86 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 324 Building Materials companies, PT Semen Indonesia (Persero) Tbk ranks better than 85.19% on this metric.
The historical rank and industry rank for PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:
ISX:SMGR'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22 Med: 1.12 Max: 2.71
Current: 0.25
During the past years, PT Semen Indonesia (Persero) Tbk's highest Cyclically Adjusted PS Ratio was 2.71. The lowest was 0.22. And the median was 1.12.
ISX:SMGR's Cyclically Adjusted PS Ratio is ranked better than 85.19% of 324
companies
in the Building Materials industry
Industry Median: 1.03
vs ISX:SMGR: 0.25
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 Indonesia (Persero) Tbk's adjusted revenue per share data for the three months ended in Mar. 2026 was Rp1,227.644. 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 Rp6,375.95 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
PT Semen Indonesia (Persero) Tbk (ISX:SMGR) 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 Indonesia (Persero) Tbk Cyclically Adjusted PS Ratio Related Terms
PT Semen Indonesia (Persero) Tbk Cyclically Adjusted PS Ratio Historical Data
* 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 Indonesia (Persero) Tbk Cyclically Adjusted PS Ratio Chart
ISX:SMGR vs CRH, VMC, MLM: Cyclically Adjusted PS Ratio Comparison
For the Building Materials subindustry, PT Semen Indonesia (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 Indonesia (Persero) Tbk Cyclically Adjusted PS Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio falls into.
PT Semen Indonesia (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.
* 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.
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 0.25 mean?
PT Semen Indonesia (Persero) Tbk (ISX:SMGR) has a Cyclically Adjusted PS Ratio of 0.25 as of Aug. 09, 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 Indonesia (Persero) Tbk and its competitors. This is 78% below median its historical median of 1.12. Over the past decade, PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio has ranged from 0.22 to 2.71. According to the industry distribution chart, PT Semen Indonesia (Persero) Tbk ranks #48 out of 324 companies in the Building Materials industry, placing it in the top 14.8%.
Is PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio too high?
PT Semen Indonesia (Persero) Tbk's current Cyclically Adjusted PS Ratio of 0.25 is 78% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.71. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.03. PT Semen Indonesia (Persero) Tbk's value of 0.25 is 75.7% below this industry median. Based on the distribution chart, PT Semen Indonesia (Persero) Tbk ranks #48 out of 324 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, PT Semen Indonesia (Persero) Tbk has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, PT Semen Indonesia (Persero) Tbk ranks #48 out of 324 companies for Cyclically Adjusted PS Ratio. This places PT Semen Indonesia (Persero) Tbk in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.03. PT Semen Indonesia (Persero) Tbk's value of 0.25 is 75.7% below this benchmark. Historically, PT Semen Indonesia (Persero) Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.22 to 2.71 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.03, PT Semen Indonesia (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 324 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 Indonesia (Persero) Tbk's current Cyclically Adjusted PS Ratio of 0.25 is 75.7% 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 Indonesia (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 Indonesia (Persero) Tbk's current Cyclically Adjusted PS Ratio is 0.25, which is 78% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Semen Indonesia (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Semen Indonesia (Persero) Tbk (ISX:SMGR) is currently considered Possible Value Trap. The stock's GF Value™ is Rp3,421.86, compared to a current price of Rp1,620.00 — trading 52.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.25, which is 78% below median its 10-year median of 1.12 and 75.7% below the Building Materials industry median of 1.03. PT Semen Indonesia (Persero) Tbk's overall GF Score™ is 67/100 with 7 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 Indonesia (Persero) Tbk (ISX:SMGR), the current Cyclically Adjusted PS Ratio is 0.25 as of Aug. 09, 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 Indonesia (Persero) Tbk (ISX:SMGR) Overvalued in 2026?
Based on GuruFocus' analysis, PT Semen Indonesia (Persero) Tbk stock appears to be undervalued.
The current stock price of Rp1,620.00 is trading 52.7% below its estimated GF Value™ of Rp3,421.86.
GuruFocus considers PT Semen Indonesia (Persero) Tbk to be Possible Value Trap.
Key valuation signals for ISX:SMGR:
Cyclically Adjusted PS Ratio: 0.25 (78% below median its 10-year median of 1.12)
GF Value™: Rp3,421.86 vs. price of Rp1,620.00 (52.7% below fair value)
Industry Position: 75.7% below the Building Materials median (#48 of 324)
No single metric tells the full story. See the ISX:SMGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Semen Indonesia (Persero) Tbk is engaged in the manufacturing industry, especially cement & its derivatives, other building materials, and related business activities both upstream and downstream. The company operates in two segments; the Cement Production Segment produces and markets cement products in Indonesia, and Vietnam, as well as various export destination countries, including Bangladesh, Australia, the Philippines, Taiwan, China, and several other countries, and The non-cement production segment, consists of mining limestone and clay, manufacturing packaging bags, developing industrial estates, finished and ready-to-use concrete, information system services, logistics, and trading. It generates a majority of its revenue from the cement production segment.
67GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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