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PT Jasa Marga (Persero) Tbk (PT Jasa Marga (Persero) Tbk) Cyclically Adjusted PS Ratio : 1.47 (As of Jun. 06, 2024)


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What is PT Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio?

As of today (2024-06-06), PT Jasa Marga (Persero) Tbk's current share price is $5.74. PT Jasa Marga (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.91. PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio for today is 1.47.

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

PTJSY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.41   Max: 2.33
Current: 1.45

During the past years, PT Jasa Marga (Persero) Tbk's highest Cyclically Adjusted PS Ratio was 2.33. The lowest was 0.92. And the median was 1.41.

PTJSY's Cyclically Adjusted PS Ratio is ranked worse than
73.36% of 1284 companies
in the Construction industry
Industry Median: 0.64 vs PTJSY: 1.45

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 Jasa Marga (Persero) Tbk's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.081. 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 $3.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PT Jasa Marga (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 Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio Chart

PT Jasa Marga (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 1.88 1.68 1.35 0.97 1.51

PT Jasa Marga (Persero) Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.04 1.22 1.36 1.51 1.69

Competitive Comparison of PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio

For the Infrastructure Operations subindustry, PT Jasa Marga (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 Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.74/3.91
=1.47

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.081/130.6070*130.6070
=1.081

Current CPI (Mar. 2024) = 130.6070.

PT Jasa Marga (Persero) Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.590 93.015 0.828
201409 0.526 94.576 0.726
201412 0.590 98.819 0.780
201503 0.442 98.388 0.587
201506 0.472 99.766 0.618
201509 0.429 101.037 0.555
201512 0.763 102.133 0.976
201603 0.643 102.764 0.817
201606 0.848 103.212 1.073
201609 0.903 104.142 1.132
201612 1.216 105.222 1.509
201703 1.034 106.476 1.268
201706 1.676 107.722 2.032
201709 2.037 108.020 2.463
201712 2.445 109.017 2.929
201803 1.930 110.097 2.290
201806 1.727 111.085 2.031
201809 1.610 111.135 1.892
201812 1.825 112.430 2.120
201903 1.477 112.829 1.710
201906 1.208 114.730 1.375
201909 1.423 114.905 1.617
201912 1.030 115.486 1.165
202003 0.703 116.252 0.790
202006 0.500 116.630 0.560
202009 0.697 116.397 0.782
202012 0.617 117.318 0.687
202103 0.661 117.840 0.733
202106 0.644 118.184 0.712
202109 0.722 118.262 0.797
202112 0.876 119.516 0.957
202203 0.705 120.948 0.761
202206 0.718 123.322 0.760
202209 0.756 125.298 0.788
202212 0.852 126.098 0.882
202303 0.813 126.953 0.836
202306 0.821 127.663 0.840
202309 0.915 128.151 0.933
202312 1.294 129.395 1.306
202403 1.081 130.607 1.081

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 Jasa Marga (Persero) Tbk  (OTCPK:PTJSY) 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 Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio Related Terms

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


PT Jasa Marga (Persero) Tbk (PT Jasa Marga (Persero) Tbk) Business Description

Traded in Other Exchanges
Address
Plaza Tol Taman Mini Indonesia Indah, Kantor Pusat, Jakarta, IDN, 13550
PT Jasa Marga (Persero) Tbk is an industrial company that constructs and operates toll roads. The company organizes operations into five segments: toll road, operations, maintenance, Related business, and others. The toll business segment, which contributes the vast majority of revenue, works on increasing ownership of the company's toll road assets. The operating segment is engaged in operating toll roads, while the maintenance segment provides toll road maintenance services. The other business segment operates fuel stations, leases and sells property assets, and earns advertising revenue.

PT Jasa Marga (Persero) Tbk (PT Jasa Marga (Persero) Tbk) Headlines

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