PT Tower Bersama Infrastructure Tbk (ISX:TBIG) Cyclically Adjusted PS Ratio: 4.11 (As of Aug. 29, 2026) — 52% Below Median

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ISX:TBIG PT Tower Bersama Infrastructure Tbk ISX:TBIG
60 GF Score
Price Rp1,480.00
GF Value Rp4,996.24
Valuation Possible Value Trap
! 5 Warning Signs
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What is PT Tower Bersama Infrastructure Tbk Cyclically Adjusted PS Ratio?

PT Tower Bersama Infrastructure Tbk ISX:TBIG -1.00% 60 Cyclically Adjusted PS Ratio is 4.11 as of Aug. 29, 2026, which is 52% below its 10-year median of 8.56. GuruFocus rates ISX:TBIG with a GF Score™ of 60/100 and a GF Value™ of Rp4,996.24 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 302 Telecommunication Services companies, PT Tower Bersama Infrastructure Tbk ranks worse than 87.75% on this metric.

As of today (2026-08-29), PT Tower Bersama Infrastructure Tbk's current share price is Rp1480.00. PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp359.72. PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted PS Ratio for today is 4.11.

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

ISX:TBIG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.75   Med: 8.56   Max: 17.9
Current: 4.03

During the past years, PT Tower Bersama Infrastructure Tbk's highest Cyclically Adjusted PS Ratio was 17.90. The lowest was 3.75. And the median was 8.56.

ISX:TBIG's Cyclically Adjusted PS Ratio is ranked worse than
87.75% of 302 companies
in the Telecommunication Services industry
Industry Median: 1.17 vs ISX:TBIG: 4.03

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 Tower Bersama Infrastructure Tbk's adjusted revenue per share data for the three months ended in Jun. 2026 was Rp77.268. 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 Rp359.72 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Tower Bersama Infrastructure Tbk  (ISX:TBIG) 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 Tower Bersama Infrastructure Tbk Cyclically Adjusted PS Ratio Related Terms


PT Tower Bersama Infrastructure Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk Cyclically Adjusted PS Ratio Chart

PT Tower Bersama Infrastructure 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 14.99 10.15 8.50 8.05 9.57

PT Tower Bersama Infrastructure 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 8.50 6.34 9.57 4.59 3.93

ISX:TBIG vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:TBIG
60GF Score
PT Tower Bersama Infrastructure Tbk ISX:TBIG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1480.00/359.72
=4.11

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

For example, PT Tower Bersama Infrastructure 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)
=77.268/137.6954*137.6954
=77.268

Current CPI (Jun. 2026) = 137.6954.

PT Tower Bersama Infrastructure Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 36.308 104.142 48.006
201612 42.698 105.222 55.875
201703 42.968 106.476 55.567
201706 44.193 107.722 56.490
201709 46.430 108.020 59.185
201712 47.133 109.017 59.532
201803 46.631 110.097 58.320
201806 47.172 111.085 58.472
201809 50.011 111.135 61.964
201812 52.999 112.430 64.909
201903 54.186 112.829 66.128
201906 52.992 114.730 63.599
201909 55.106 114.905 66.036
201912 56.834 115.486 67.764
202003 60.493 116.252 71.651
202006 60.812 116.630 71.796
202009 62.870 116.397 74.374
202012 64.278 117.318 75.443
202103 68.174 117.840 79.661
202106 69.158 118.184 80.576
202109 73.528 118.262 85.611
202112 74.786 119.516 86.162
202203 75.887 120.948 86.395
202206 73.356 123.322 81.906
202209 71.421 125.298 78.487
202212 71.146 126.098 77.690
202303 72.799 126.953 78.959
202306 72.753 127.663 78.470
202309 73.906 128.151 79.410
202312 74.350 129.395 79.120
202403 75.306 130.607 79.393
202406 75.532 130.792 79.519
202409 75.659 130.361 79.916
202412 77.816 131.432 81.525
202503 77.574 131.948 80.953
202506 77.060 133.241 79.636
202509 76.727 133.819 78.950
202512 77.144 135.271 78.527
202603 767.487 136.539 773.989
202606 77.268 137.695 77.268

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 4.11 mean?
PT Tower Bersama Infrastructure Tbk (ISX:TBIG) has a Cyclically Adjusted PS Ratio of 4.11 as of Aug. 29, 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 Tower Bersama Infrastructure Tbk and its competitors. This is 52% below median its historical median of 8.56. Over the past decade, PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted PS Ratio has ranged from 3.75 to 17.90. According to the industry distribution chart, PT Tower Bersama Infrastructure Tbk ranks #265 out of 302 companies in the Telecommunication Services industry, placing it in the top 87.7%.
Is PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted PS Ratio too high?
PT Tower Bersama Infrastructure Tbk's current Cyclically Adjusted PS Ratio of 4.11 is 52% below median its 10-year median of 8.56. Over the past 10 years, this metric has ranged from a low of 3.75 to a high of 17.90. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.17. PT Tower Bersama Infrastructure Tbk's value of 4.11 is 251.3% above this industry median. Based on the distribution chart, PT Tower Bersama Infrastructure Tbk ranks #265 out of 302 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, PT Tower Bersama Infrastructure Tbk has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Tower Bersama Infrastructure Tbk's Cyclically Adjusted PS Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, PT Tower Bersama Infrastructure Tbk ranks #265 out of 302 companies for Cyclically Adjusted PS Ratio. This places PT Tower Bersama Infrastructure Tbk in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.17. PT Tower Bersama Infrastructure Tbk's value of 4.11 is 251.3% above this benchmark. Historically, PT Tower Bersama Infrastructure Tbk's own Cyclically Adjusted PS Ratio has ranged from 3.75 to 17.90 over the past decade. While the company's 10-year median is 8.56 vs. the industry median of 1.17, PT Tower Bersama Infrastructure 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 Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.17, based on 302 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 Tower Bersama Infrastructure Tbk's current Cyclically Adjusted PS Ratio of 4.11 is 251.3% 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 Tower Bersama Infrastructure Tbk and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Tower Bersama Infrastructure Tbk's current Cyclically Adjusted PS Ratio is 4.11, which is 52% below median its own 10-year median of 8.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Tower Bersama Infrastructure Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Tower Bersama Infrastructure Tbk (ISX:TBIG) is currently considered Possible Value Trap. The stock's GF Value™ is Rp4,996.24, compared to a current price of Rp1,480.00 — trading 70.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.11, which is 52% below median its 10-year median of 8.56 and 251.3% above the Telecommunication Services industry median of 1.17. PT Tower Bersama Infrastructure Tbk's overall GF Score™ is 60/100 with 5 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 Tower Bersama Infrastructure Tbk (ISX:TBIG), the current Cyclically Adjusted PS Ratio is 4.11 as of Aug. 29, 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 Tower Bersama Infrastructure Tbk (ISX:TBIG) Overvalued in 2026?

Based on GuruFocus' analysis, PT Tower Bersama Infrastructure Tbk stock appears to be undervalued. The current stock price of Rp1,480.00 is trading 70.4% below its estimated GF Value™ of Rp4,996.24. GuruFocus considers PT Tower Bersama Infrastructure Tbk to be Possible Value Trap.

Key valuation signals for ISX:TBIG:

  • Cyclically Adjusted PS Ratio: 4.11 (52% below median its 10-year median of 8.56)
  • GF Value™: Rp4,996.24 vs. price of Rp1,480.00 (70.4% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 251.3% above the Telecommunication Services median (#265 of 302)

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


PT Tower Bersama Infrastructure Tbk Business Description

Other Exchanges 6TB:Germany
Address Jalan H.R Rasuna Said, Kawasan Rasuna Epicentrum, Jakarta Selatan, The Convergence Indonesia 11th Floor, Jakarta, IDN, 12940
PT Tower Bersama Infrastructure Tbk is a provider of coverage solutions. The firm's primary business is leasing space for antennas and other equipment for wireless signal transmission to telecommunication operators. The Company also provides telecommunications operators with access to its Distributed Antenna System networks in shopping malls and office buildings. A majority of the firm's revenue is generated from Indonesia. The company's operating segments include Tower, Repeater, Building, and Fiber Optic. The company generates the majority of its revenue from the Tower segment.
60GF Score

Get the complete analysis for ISX:TBIG

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

Rp1,480.00
Price
Rp4,996.24
GF Value