PT Siantar Top Tbk (ISX:STTP) Cyclically Adjusted PS Ratio: 2.65 (As of Sep. 10, 2026) — 17% Below Median

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ISX:STTP PT Siantar Top Tbk ISX:STTP
82 GF Score
Price Rp9,400.00
GF Value Rp11,387.13
Valuation Modestly Undervalued
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What is PT Siantar Top Tbk Cyclically Adjusted PS Ratio?

PT Siantar Top Tbk ISX:STTP -1.05% 82 Cyclically Adjusted PS Ratio is 2.65 as of Sep. 10, 2026, which is 17% below its 10-year median of 3.18. GuruFocus rates ISX:STTP with a GF Score™ of 82/100 and a GF Value™ of Rp11,387.13 (Modestly Undervalued). Among 1,446 Consumer Packaged Goods companies, PT Siantar Top Tbk ranks worse than 83.75% on this metric.

As of today (2026-09-10), PT Siantar Top Tbk's current share price is Rp9400.00. PT Siantar Top Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp3,549.42. PT Siantar Top Tbk's Cyclically Adjusted PS Ratio for today is 2.65.

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

ISX:STTP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.49   Med: 3.18   Max: 5.39
Current: 2.66

During the past years, PT Siantar Top Tbk's highest Cyclically Adjusted PS Ratio was 5.39. The lowest was 2.49. And the median was 3.18.

ISX:STTP's Cyclically Adjusted PS Ratio is ranked worse than
83.75% of 1446 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs ISX:STTP: 2.66

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 Siantar Top Tbk's adjusted revenue per share data for the three months ended in Jun. 2026 was Rp1,160.312. 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 Rp3,549.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Siantar Top Tbk  (ISX:STTP) 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 Siantar Top Tbk Cyclically Adjusted PS Ratio Related Terms


PT Siantar Top Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

PT Siantar Top 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 2.73 3.15 4.29 2.88

PT Siantar Top 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 3.12 3.03 2.88 2.98 2.82

ISX:STTP vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, PT Siantar Top 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 Siantar Top Tbk Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Siantar Top Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:STTP
82GF Score
PT Siantar Top Tbk ISX:STTP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9400.00/3549.42
=2.65

* 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 Siantar Top Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Siantar Top 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)
=1160.312/137.6954*137.6954
=1,160.312

Current CPI (Jun. 2026) = 137.6954.

PT Siantar Top Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 464.145 104.142 613.685
201612 539.868 105.222 706.482
201703 533.532 106.476 689.967
201706 483.304 107.722 617.785
201709 584.555 108.020 745.142
201712 555.390 109.017 701.494
201803 553.873 110.097 692.717
201806 451.521 111.085 559.684
201809 555.098 111.135 687.765
201812 597.480 112.430 731.747
201903 658.560 112.829 803.704
201906 606.055 114.730 727.367
201909 713.017 114.905 854.441
201912 703.673 115.486 838.999
202003 721.324 116.252 854.374
202006 652.926 116.630 770.857
202009 776.872 116.397 919.028
202012 784.985 117.318 921.331
202103 782.882 117.840 914.795
202106 686.121 118.184 799.396
202109 855.478 118.262 996.057
202112 913.556 119.516 1,052.515
202203 902.565 120.948 1,027.539
202206 809.201 123.322 903.512
202209 1,017.436 125.298 1,118.101
202212 1,035.343 126.098 1,130.568
202303 954.216 126.953 1,034.963
202306 832.041 127.663 897.428
202309 979.439 128.151 1,052.382
202312 873.378 129.395 929.405
202403 926.872 130.607 977.176
202406 871.661 130.792 917.671
202409 1,026.594 130.361 1,084.353
202412 961.086 131.432 1,006.890
202503 965.182 131.948 1,007.220
202506 948.179 133.241 979.881
202509 1,034.572 133.819 1,064.541
202512 1,048.979 135.271 1,067.779
202603 927.285 136.539 935.141
202606 1,160.312 137.695 1,160.312

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 2.65 mean?
PT Siantar Top Tbk (ISX:STTP) has a Cyclically Adjusted PS Ratio of 2.65 as of Sep. 10, 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 Siantar Top Tbk and its competitors. This is 17% below median its historical median of 3.18. Over the past decade, PT Siantar Top Tbk's Cyclically Adjusted PS Ratio has ranged from 2.49 to 5.39. According to the industry distribution chart, PT Siantar Top Tbk ranks #1211 out of 1446 companies in the Consumer Packaged Goods industry, placing it in the top 83.7%.
Is PT Siantar Top Tbk's Cyclically Adjusted PS Ratio too high?
PT Siantar Top Tbk's current Cyclically Adjusted PS Ratio of 2.65 is 17% below median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 5.39. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. PT Siantar Top Tbk's value of 2.65 is 244.2% above this industry median. Based on the distribution chart, PT Siantar Top Tbk ranks #1211 out of 1446 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, PT Siantar Top Tbk has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Siantar Top Tbk's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Siantar Top Tbk ranks #1211 out of 1446 companies for Cyclically Adjusted PS Ratio. This places PT Siantar Top Tbk in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. PT Siantar Top Tbk's value of 2.65 is 244.2% above this benchmark. Historically, PT Siantar Top Tbk's own Cyclically Adjusted PS Ratio has ranged from 2.49 to 5.39 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 0.77, PT Siantar Top Tbk has consistently been above 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.77, based on 1,446 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 Siantar Top Tbk's current Cyclically Adjusted PS Ratio of 2.65 is 244.2% above 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 Siantar Top Tbk and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Siantar Top Tbk's current Cyclically Adjusted PS Ratio is 2.65, which is 17% below median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Siantar Top Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Siantar Top Tbk (ISX:STTP) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp11,387.13, compared to a current price of Rp9,400.00 — trading 17.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.65, which is 17% below median its 10-year median of 3.18 and 244.2% above the Consumer Packaged Goods industry median of 0.77. PT Siantar Top Tbk's overall GF Score™ is 82/100. 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 Siantar Top Tbk (ISX:STTP), the current Cyclically Adjusted PS Ratio is 2.65 as of Sep. 10, 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 Siantar Top Tbk (ISX:STTP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Siantar Top Tbk stock appears to be undervalued. The current stock price of Rp9,400.00 is trading 17.5% below its estimated GF Value™ of Rp11,387.13. GuruFocus considers PT Siantar Top Tbk to be Modestly Undervalued.

Key valuation signals for ISX:STTP:

  • Cyclically Adjusted PS Ratio: 2.65 (17% below median its 10-year median of 3.18)
  • GF Value™: Rp11,387.13 vs. price of Rp9,400.00 (17.5% below fair value)
  • GF Score™: 82/100
  • Industry Position: 244.2% above the Consumer Packaged Goods median (#1211 of 1446)

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


PT Siantar Top Tbk Business Description

Address Jalan Tambak Sawah No. 21-23, Waru, Sidoarjo, IDN, 61256
PT Siantar Top Tbk is a snack manufacturing company. The company is principally engaged in the manufacturing of snacks such as crackers, noodles, candies, biscuits, and wafers. The company has two operating segments include the food processing segment, from the sales of rice, crackers, biscuits, wafers, and candy, and other segments that arise from the sales of flour and seasoning. The majority of the revenue is made from the food processing segment. The company operates in three key geographic locations of food processing in Sidoarjo, Medan and Bekasi.
82GF Score

Get the complete analysis for ISX:STTP

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

Rp9,400.00
Price
Rp11,387.13
GF Value