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PPERF (PT Bank Mandiri (Persero) Tbk) Cyclically Adjusted PS Ratio : 6.89 (As of Sep. 21, 2024)


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What is PT Bank Mandiri (Persero) Tbk Cyclically Adjusted PS Ratio?

As of today (2024-09-21), PT Bank Mandiri (Persero) Tbk's current share price is $0.4825. PT Bank Mandiri (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was $0.07. PT Bank Mandiri (Persero) Tbk's Cyclically Adjusted PS Ratio for today is 6.89.

The historical rank and industry rank for PT Bank Mandiri (Persero) Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:

PPERF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.38   Med: 4.55   Max: 6.87
Current: 6.51

During the past years, PT Bank Mandiri (Persero) Tbk's highest Cyclically Adjusted PS Ratio was 6.87. The lowest was 2.38. And the median was 4.55.

PPERF's Cyclically Adjusted PS Ratio is ranked worse than
92.65% of 1252 companies
in the Banks industry
Industry Median: 2.5 vs PPERF: 6.51

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 Bank Mandiri (Persero) Tbk's adjusted revenue per share data for the three months ended in Jun. 2024 was $0.023. 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 $0.07 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bank Mandiri (Persero) Tbk Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PT Bank Mandiri (Persero) 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.

* Premium members only.

PT Bank Mandiri (Persero) Tbk Cyclically Adjusted PS Ratio Chart

PT Bank Mandiri (Persero) Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.92 3.92 4.00 5.01 5.62

PT Bank Mandiri (Persero) Tbk Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 5.05 5.74 5.62 6.58 5.50

Competitive Comparison of PT Bank Mandiri (Persero) Tbk's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, PT Bank Mandiri (Persero) 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 Bank Mandiri (Persero) Tbk's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Mandiri (Persero) Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Bank Mandiri (Persero) Tbk's Cyclically Adjusted PS Ratio falls into.



PT Bank Mandiri (Persero) 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 Bank Mandiri (Persero) Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.4825/0.07
=6.89

* 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 Bank Mandiri (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, PT Bank Mandiri (Persero) Tbk's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.023/130.7916*130.7916
=0.023

Current CPI (Jun. 2024) = 130.7916.

PT Bank Mandiri (Persero) Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.012 94.576 0.017
201412 0.011 98.819 0.015
201503 0.012 98.388 0.016
201506 0.013 99.766 0.017
201509 0.012 101.037 0.016
201512 0.012 102.133 0.015
201603 0.013 102.764 0.017
201606 0.014 103.212 0.018
201609 0.016 104.142 0.020
201612 0.012 105.222 0.015
201703 0.014 106.476 0.017
201706 0.032 107.722 0.039
201709 0.026 108.020 0.031
201712 0.015 109.017 0.018
201803 0.014 110.097 0.017
201806 0.015 111.085 0.018
201809 0.013 111.135 0.015
201812 0.016 112.430 0.019
201903 0.015 112.829 0.017
201906 0.015 114.730 0.017
201909 0.016 114.905 0.018
201912 0.017 115.486 0.019
202003 0.015 116.252 0.017
202006 0.014 116.630 0.016
202009 0.013 116.397 0.015
202012 0.021 117.318 0.023
202103 0.018 117.840 0.020
202106 0.018 118.184 0.020
202109 0.018 118.262 0.020
202112 0.020 119.516 0.022
202203 0.020 120.948 0.022
202206 0.020 123.322 0.021
202209 0.020 125.298 0.021
202212 0.022 126.098 0.023
202303 0.021 126.953 0.022
202306 0.022 127.663 0.023
202309 0.022 128.151 0.022
202312 0.022 129.395 0.022
202403 0.022 130.607 0.022
202406 0.023 130.792 0.023

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.


PT Bank Mandiri (Persero) Tbk  (OTCPK:PPERF) 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 Bank Mandiri (Persero) Tbk Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of PT Bank Mandiri (Persero) Tbk's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Bank Mandiri (Persero) Tbk Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Gatot Subroto Kav. 36-38, Plaza Mandiri, Jakarta, IDN, 12190
PT Bank Mandiri (Persero) Tbk is a full-service bank principally operating in the Indonesian archipelago. The national government of Indonesia owns well over half of the bank's outstanding shares. Its wide range of products and services includes deposit collection, loans, promissory note issuance, guarantee services, wholesale banking, custodian banking, asset and wealth management, factoring and credit card services, and Islamic banking. The bank's strategy emphasizes a cross-selling culture and increased regionalization, expertise-oriented solutions, and ease of access for its micro, small, and midsize enterprise customers. Its loan portfolio is diversified, mostly in industrials, restaurants and hospitality, and the transportation and storage industries.