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PT TBS Energi Utama TbkISX:TOBA +7.11%64 Cyclically Adjusted PS Ratio is 0.48 as of Jul. 14, 2026, which is 2% below its 10-year median of 0.49. GuruFocus rates ISX:TOBA with a GF Score™ of 64/100 and a GF Value™ of Rp316.93 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 112 Other Energy Sources companies, PT TBS Energi Utama Tbk ranks better than 73.21% on this metric.
The historical rank and industry rank for PT TBS Energi Utama Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:
ISX:TOBA'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.49 Max: 1.57
Current: 0.45
During the past years, PT TBS Energi Utama Tbk's highest Cyclically Adjusted PS Ratio was 1.57. The lowest was 0.25. And the median was 0.49.
ISX:TOBA's Cyclically Adjusted PS Ratio is ranked better than 73.21% of 112
companies
in the Other Energy Sources industry
Industry Median: 1.05
vs ISX:TOBA: 0.45
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 TBS Energi Utama Tbk's adjusted revenue per share data for the three months ended in Mar. 2026 was Rp176.904. 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 Rp880.66 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
PT TBS Energi Utama Tbk (ISX:TOBA) 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 TBS Energi Utama Tbk Cyclically Adjusted PS Ratio Related Terms
PT TBS Energi Utama Tbk Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for PT TBS Energi Utama 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 TBS Energi Utama Tbk Cyclically Adjusted PS Ratio Chart
PT TBS Energi Utama Tbk Cyclically Adjusted PS Ratio Competitor Comparison
For the Thermal Coal subindustry, PT TBS Energi Utama 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 TBS Energi Utama Tbk Cyclically Adjusted PS Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT TBS Energi Utama Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where PT TBS Energi Utama Tbk's Cyclically Adjusted PS Ratio falls into.
PT TBS Energi Utama 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 0.48 mean?
PT TBS Energi Utama Tbk (ISX:TOBA) has a Cyclically Adjusted PS Ratio of 0.48 as of Jul. 14, 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 TBS Energi Utama Tbk and its competitors. This is near median its historical median of 0.49. Over the past decade, PT TBS Energi Utama Tbk's Cyclically Adjusted PS Ratio has ranged from 0.25 to 1.57. According to the industry distribution chart, PT TBS Energi Utama Tbk ranks #30 out of 112 companies in the Other Energy Sources industry, placing it in the top 26.8%.
Is PT TBS Energi Utama Tbk's Cyclically Adjusted PS Ratio too high?
PT TBS Energi Utama Tbk's current Cyclically Adjusted PS Ratio of 0.48 is near median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.57. The Other Energy Sources industry median Cyclically Adjusted PS Ratio is 1.05. PT TBS Energi Utama Tbk's value of 0.48 is 54.3% below this industry median. Based on the distribution chart, PT TBS Energi Utama Tbk ranks #30 out of 112 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, PT TBS Energi Utama Tbk has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT TBS Energi Utama Tbk's Cyclically Adjusted PS Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, PT TBS Energi Utama Tbk ranks #30 out of 112 companies for Cyclically Adjusted PS Ratio. This puts PT TBS Energi Utama Tbk in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.05. PT TBS Energi Utama Tbk's value of 0.48 is 54.3% below this benchmark. Historically, PT TBS Energi Utama Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.25 to 1.57 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 1.05, PT TBS Energi Utama 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 an Other Energy Sources company?
The median Cyclically Adjusted PS Ratio among Other Energy Sources companies is 1.05, based on 112 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 TBS Energi Utama Tbk's current Cyclically Adjusted PS Ratio of 0.48 is 54.3% 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 TBS Energi Utama Tbk and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT TBS Energi Utama Tbk's current Cyclically Adjusted PS Ratio is 0.48, which is near median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT TBS Energi Utama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT TBS Energi Utama Tbk (ISX:TOBA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp316.93, compared to a current price of Rp422.00 — trading 33.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.48, which is near median its 10-year median of 0.49 and 54.3% below the Other Energy Sources industry median of 1.05. PT TBS Energi Utama Tbk's overall GF Score™ is 64/100 with 6 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 TBS Energi Utama Tbk (ISX:TOBA), the current Cyclically Adjusted PS Ratio is 0.48 as of Jul. 14, 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 TBS Energi Utama Tbk (ISX:TOBA) Overvalued in 2026?
Based on GuruFocus' analysis, PT TBS Energi Utama Tbk stock appears to be overvalued.
The current stock price of Rp422.00 is trading 33.2% above its estimated GF Value™ of Rp316.93.
GuruFocus considers PT TBS Energi Utama Tbk to be Significantly Overvalued.
Key valuation signals for ISX:TOBA:
Cyclically Adjusted PS Ratio: 0.48 (near median its 10-year median of 0.49)
GF Value™: Rp316.93 vs. price of Rp422.00 (33.2% above fair value)
Industry Position: 54.3% below the Other Energy Sources median (#30 of 112)
No single metric tells the full story. See the ISX:TOBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT TBS Energi Utama Tbk is an integrated energy company operating in Indonesia and Singapore. The company has a diversified business portfolio that includes waste management, renewable energy, and electric vehicles. It is involved in activities aimed at lowering carbon emissions and developing low-carbon energy solutions. The company operates across various locations such as Gorontalo, East Kalimantan, Batam, Lampung, and Central Java. The Group operating segments are coal mining, coal trading, IPP, waste management and others. It derives maximum revenue from Waste Management segment. Geographically, the group operates Overseas as well as Domestic. It generates majority revenue from Overseas.
64GF Score
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