PT Surya Toto Indonesia Tbk (ISX:TOTO) Cyclically Adjusted PS Ratio: 1.04 (As of Sep. 09, 2026) — Near Median

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ISX:TOTO PT Surya Toto Indonesia Tbk ISX:TOTO
82 GF Score
Price Rp240.00
GF Value Rp230.76
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Surya Toto Indonesia Tbk Cyclically Adjusted PS Ratio?

PT Surya Toto Indonesia Tbk ISX:TOTO 82 Cyclically Adjusted PS Ratio is 1.04 as of Sep. 09, 2026, which is 4% above its 10-year median of 1.00. GuruFocus rates ISX:TOTO with a GF Score™ of 82/100 and a GF Value™ of Rp230.76 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,368 Construction companies, PT Surya Toto Indonesia Tbk ranks worse than 61.77% on this metric.

As of today (2026-09-09), PT Surya Toto Indonesia Tbk's current share price is Rp240.00. PT Surya Toto Indonesia Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp230.99. PT Surya Toto Indonesia Tbk's Cyclically Adjusted PS Ratio for today is 1.04.

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

ISX:TOTO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1   Max: 1.25
Current: 1.03

During the past years, PT Surya Toto Indonesia Tbk's highest Cyclically Adjusted PS Ratio was 1.25. The lowest was 0.86. And the median was 1.00.

ISX:TOTO's Cyclically Adjusted PS Ratio is ranked worse than
61.77% of 1368 companies
in the Construction industry
Industry Median: 0.71 vs ISX:TOTO: 1.03

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 Surya Toto Indonesia Tbk's adjusted revenue per share data for the three months ended in Jun. 2026 was Rp52.869. 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 Rp230.99 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Surya Toto Indonesia Tbk  (ISX:TOTO) 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 Surya Toto Indonesia Tbk Cyclically Adjusted PS Ratio Related Terms


PT Surya Toto Indonesia Tbk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Surya Toto Indonesia 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 Surya Toto Indonesia Tbk Cyclically Adjusted PS Ratio Chart

PT Surya Toto Indonesia 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 0.00 0.97 0.95 1.18

PT Surya Toto Indonesia 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 0.97 1.12 1.18 1.19 1.00

ISX:TOTO vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, PT Surya Toto Indonesia 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 Surya Toto Indonesia Tbk Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, PT Surya Toto Indonesia Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Surya Toto Indonesia Tbk's Cyclically Adjusted PS Ratio falls into.


ISX:TOTO
82GF Score
PT Surya Toto Indonesia Tbk ISX:TOTO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Surya Toto Indonesia 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 Surya Toto Indonesia Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=240.00/230.99
=1.04

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

For example, PT Surya Toto Indonesia 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)
=52.869/137.6954*137.6954
=52.869

Current CPI (Jun. 2026) = 137.6954.

PT Surya Toto Indonesia Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 42.364 104.142 56.013
201612 51.014 105.222 66.758
201703 57.296 106.476 74.096
201706 43.664 107.722 55.814
201709 55.842 108.020 71.183
201712 55.614 109.017 70.244
201803 58.540 110.097 73.215
201806 52.531 111.085 65.115
201809 56.046 111.135 69.441
201812 48.800 112.430 59.766
201903 53.091 112.829 64.792
201906 41.558 114.730 49.877
201909 50.575 114.905 60.606
201912 53.929 115.486 64.300
202003 46.766 116.252 55.392
202006 28.053 116.630 33.120
202009 37.575 116.397 44.451
202012 44.591 117.318 52.336
202103 45.121 117.840 52.724
202106 37.788 118.184 44.027
202109 43.284 118.262 50.397
202112 51.153 119.516 58.934
202203 54.277 120.948 61.793
202206 46.687 123.322 52.128
202209 50.165 125.298 55.128
202212 50.986 126.098 55.675
202303 52.270 126.953 56.693
202306 43.306 127.663 46.709
202309 54.042 128.151 58.067
202312 56.322 129.395 59.935
202403 55.983 130.607 59.021
202406 50.323 130.792 52.979
202409 59.145 130.361 62.473
202412 58.486 131.432 61.273
202503 55.905 131.948 58.340
202506 60.813 133.241 62.846
202509 59.392 133.819 61.112
202512 52.026 135.271 52.958
202603 46.946 136.539 47.344
202606 52.869 137.695 52.869

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 1.04 mean?
PT Surya Toto Indonesia Tbk (ISX:TOTO) has a Cyclically Adjusted PS Ratio of 1.04 as of Sep. 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 Surya Toto Indonesia Tbk and its competitors. This is near median its historical median of 1.00. Over the past decade, PT Surya Toto Indonesia Tbk's Cyclically Adjusted PS Ratio has ranged from 0.86 to 1.25. According to the industry distribution chart, PT Surya Toto Indonesia Tbk ranks #845 out of 1368 companies in the Construction industry, placing it in the top 61.8%.
Is PT Surya Toto Indonesia Tbk's Cyclically Adjusted PS Ratio too high?
PT Surya Toto Indonesia Tbk's current Cyclically Adjusted PS Ratio of 1.04 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 1.25. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. PT Surya Toto Indonesia Tbk's value of 1.04 is 46.5% above this industry median. Based on the distribution chart, PT Surya Toto Indonesia Tbk ranks #845 out of 1368 companies in the Construction industry, which is below the industry midpoint. Overall, PT Surya Toto Indonesia Tbk has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Surya Toto Indonesia Tbk's Cyclically Adjusted PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, PT Surya Toto Indonesia Tbk ranks #845 out of 1368 companies for Cyclically Adjusted PS Ratio. This places PT Surya Toto Indonesia Tbk in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. PT Surya Toto Indonesia Tbk's value of 1.04 is 46.5% above this benchmark. Historically, PT Surya Toto Indonesia Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.86 to 1.25 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.71, PT Surya Toto Indonesia 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.71, based on 1,368 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 Surya Toto Indonesia Tbk's current Cyclically Adjusted PS Ratio of 1.04 is 46.5% 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 Surya Toto Indonesia Tbk and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Surya Toto Indonesia Tbk's current Cyclically Adjusted PS Ratio is 1.04, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Surya Toto Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Surya Toto Indonesia Tbk (ISX:TOTO) is currently considered Fairly Valued. The stock's GF Value™ is Rp230.76, compared to a current price of Rp240.00 — trading 4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.04, which is near median its 10-year median of 1.00 and 46.5% above the Construction industry median of 0.71. PT Surya Toto Indonesia Tbk's overall GF Score™ is 82/100 with 4 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 Surya Toto Indonesia Tbk (ISX:TOTO), the current Cyclically Adjusted PS Ratio is 1.04 as of Sep. 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 Surya Toto Indonesia Tbk (ISX:TOTO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Surya Toto Indonesia Tbk stock appears to be overvalued. The current stock price of Rp240.00 is trading 4% above its estimated GF Value™ of Rp230.76. GuruFocus considers PT Surya Toto Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:TOTO:

  • Cyclically Adjusted PS Ratio: 1.04 (near median its 10-year median of 1.00)
  • GF Value™: Rp230.76 vs. price of Rp240.00 (4% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 46.5% above the Construction median (#845 of 1368)

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


PT Surya Toto Indonesia Tbk Business Description

Address Jalan Letjen S. Parman Kav. 81, Jakarta, IDN, 11420
PT Surya Toto Indonesia Tbk is an Indonesia-based company engaged in the manufacturing and sale of sanitary ware, fittings, kitchen systems, and other related activities. Its product offerings include closets, washbasins, faucets, showers, kitchen systems, wardrobes, and other related products, marketed under the TOTO brand. The company's operating segments are based on its product categories and include Sanitary, which derives maximum revenue, Fittings, Kitchen systems, and Electrical appliances and accessories. Geographically, it generates maximum revenue from the domestic market and also exports its products to other countries.
82GF Score

Get the complete analysis for ISX:TOTO

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

Rp240.00
Price
Rp230.76
GF Value