PT Sinar Mas Multiartha Tbk (ISX:SMMA) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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ISX:SMMA PT Sinar Mas Multiartha Tbk ISX:SMMA
66 GF Score
Price Rp20,025.00
GF Value Rp17,091.90
Valuation Modestly Overvalued
! 3 Warning Signs
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What is PT Sinar Mas Multiartha Tbk Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Sinar Mas Multiartha Tbk  (ISX:SMMA) 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 Sinar Mas Multiartha Tbk Cyclically Adjusted PS Ratio Related Terms


PT Sinar Mas Multiartha Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Sinar Mas Multiartha 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 Sinar Mas Multiartha Tbk Cyclically Adjusted PS Ratio Chart

PT Sinar Mas Multiartha 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 2.50 2.45 2.74 2.63 2.42

PT Sinar Mas Multiartha 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 2.72 2.56 2.37 2.51 3.46

ISX:SMMA vs BRK.A, AIG, HIG: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Diversified subindustry, PT Sinar Mas Multiartha 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 Sinar Mas Multiartha Tbk Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, PT Sinar Mas Multiartha Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:SMMA
66GF Score
PT Sinar Mas Multiartha Tbk ISX:SMMA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Sinar Mas Multiartha 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 Sinar Mas Multiartha Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Sinar Mas Multiartha 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)
=1754.124/137.6954*137.6954
=1,754.124

Current CPI (Jun. 2026) = 137.6954.

PT Sinar Mas Multiartha Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 991.104 104.142 1,310.422
201612 1,953.521 105.222 2,556.415
201703 1,043.275 106.476 1,349.171
201706 1,028.938 107.722 1,315.244
201709 1,312.874 108.020 1,673.542
201712 1,599.655 109.017 2,020.468
201803 1,390.221 110.097 1,738.720
201806 1,335.002 111.085 1,654.806
201809 1,473.082 111.135 1,825.145
201812 1,665.339 112.430 2,039.578
201903 1,430.910 112.829 1,746.276
201906 1,266.866 114.730 1,520.451
201909 2,093.907 114.905 2,509.224
201912 1,379.504 115.486 1,644.801
202003 1,114.910 116.252 1,320.559
202006 1,352.838 116.630 1,597.187
202009 1,639.622 116.397 1,939.648
202012 1,877.316 117.318 2,203.392
202103 1,603.725 117.840 1,873.947
202106 1,396.802 118.184 1,627.406
202109 1,297.398 118.262 1,510.597
202112 1,740.938 119.516 2,005.748
202203 1,323.359 120.948 1,506.599
202206 1,216.633 123.322 1,358.429
202209 1,379.649 125.298 1,516.151
202212 1,251.274 126.098 1,366.359
202303 1,049.748 126.953 1,138.579
202306 771.501 127.663 832.130
202309 1,081.353 128.151 1,161.886
202312 1,220.264 129.395 1,298.544
202403 961.428 130.607 1,013.607
202406 942.123 130.792 991.853
202409 1,106.436 130.361 1,168.687
202412 1,218.999 131.432 1,277.095
202503 1,219.234 131.948 1,272.338
202506 1,920.072 133.241 1,984.268
202509 1,015.057 133.819 1,044.461
202512 2,468.560 135.271 2,512.801
202603 1,048.604 136.539 1,057.487
202606 1,754.124 137.695 1,754.124

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.

Is PT Sinar Mas Multiartha Tbk (ISX:SMMA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Sinar Mas Multiartha Tbk stock appears to be overvalued. The current stock price of Rp20,025.00 is trading 17.2% above its estimated GF Value™ of Rp17,091.90. GuruFocus considers PT Sinar Mas Multiartha Tbk to be Modestly Overvalued.

Key valuation signals for ISX:SMMA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: Rp17,091.90 vs. price of Rp20,025.00 (17.2% above fair value)
  • GF Score™: 66/100 with 3 warning signs

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


PT Sinar Mas Multiartha Tbk Business Description

Address Sinar Mas Land Plaza, Tower I Lt 1 dan 2, Jl. MH Thamrin No. 51, Jakarta, IDN, 10350
PT Sinar Mas Multiartha Tbk provides an integrated and comprehensive range of financial services in Indonesia. The company is engaged in insurance underwriting, consumer financing, factoring of accounts, securities administration, securities brokerage, investment management, banking, development, Information technology, trading, and other related services. It is also involved in the auction house, property, health clinic, and workshop activities.
66GF Score

Get the complete analysis for ISX:SMMA

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

Rp20,025.00
Price
Rp17,091.90
GF Value