PT Bank Tabungan Negara (Persero) Tbk (ISX:BBTN) Cyclically Adjusted Revenue per Share: Rp1,271.32 (As of Jun. 2026)

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ISX:BBTN PT Bank Tabungan Negara (Persero) Tbk ISX:BBTN
80 GF Score
Price Rp1,220.00
GF Value Rp1,511.22
Valuation Modestly Undervalued
! 2 Warning Signs
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What is PT Bank Tabungan Negara (Persero) Tbk Cyclically Adjusted Revenue per Share?

PT Bank Tabungan Negara (Persero) Tbk ISX:BBTN 80 Cyclically Adjusted Revenue per Share is Rp1,271.32 as of Jun. 2026. GuruFocus rates ISX:BBTN with a GF Score™ of 80/100 and a GF Value™ of Rp1,511.22 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 Tabungan Negara (Persero) Tbk's adjusted revenue per share for the three months ended in Jun. 2026 was Rp348.764. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is Rp1,271.32 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Bank Tabungan Negara (Persero) Tbk's average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of PT Bank Tabungan Negara (Persero) Tbk was 10.00% per year. The lowest was 6.80% per year. And the median was 8.00% per year.

As of today (2026-08-16), PT Bank Tabungan Negara (Persero) Tbk's current stock price is Rp1220.00. PT Bank Tabungan Negara (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp1,271.32. PT Bank Tabungan Negara (Persero) Tbk's Cyclically Adjusted PS Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PT Bank Tabungan Negara (Persero) Tbk was 3.67. The lowest was 0.68. And the median was 1.37.


PT Bank Tabungan Negara (Persero) Tbk  (ISX:BBTN) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Tabungan Negara (Persero) Tbk's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1220.00/1271.32
=0.96

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PT Bank Tabungan Negara (Persero) Tbk was 3.67. The lowest was 0.68. And the median was 1.37.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


PT Bank Tabungan Negara (Persero) Tbk Cyclically Adjusted Revenue per Share Related Terms


PT Bank Tabungan Negara (Persero) Tbk Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for PT Bank Tabungan Negara (Persero) Tbk's Cyclically Adjusted Revenue per Share 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 Bank Tabungan Negara (Persero) Tbk Cyclically Adjusted Revenue per Share Chart

PT Bank Tabungan Negara (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 892.85 1,005.60 1,075.27 1,125.89 1,225.23

PT Bank Tabungan Negara (Persero) 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 Revenue per Share 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 1,177.45 1,190.41 1,225.23 1,249.78 1,271.32

PT Bank Tabungan Negara (Persero) Tbk Cyclically Adjusted Revenue per Share Competitor Comparison

For the Banks - Regional subindustry, PT Bank Tabungan Negara (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 Tabungan Negara (Persero) Tbk Cyclically Adjusted PS Ratio vs Banks Industry

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

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


ISX:BBTN
80GF Score
PT Bank Tabungan Negara (Persero) Tbk ISX:BBTN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bank Tabungan Negara (Persero) Tbk Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PT Bank Tabungan Negara (Persero) 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)
=348.764/137.6954*137.6954
=348.764

Current CPI (Jun. 2026) = 137.6954.

PT Bank Tabungan Negara (Persero) Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 178.703 104.142 236.278
201612 247.013 105.222 323.246
201703 195.175 106.476 252.402
201706 211.562 107.722 270.430
201709 223.282 108.020 284.621
201712 269.492 109.017 340.386
201803 225.112 110.097 281.543
201806 242.434 111.085 300.510
201809 248.036 111.135 307.316
201812 286.261 112.430 350.590
201903 244.889 112.829 298.861
201906 228.445 114.730 274.172
201909 223.330 114.905 267.626
201912 215.606 115.486 257.070
202003 211.816 116.252 250.886
202006 227.944 116.630 269.115
202009 229.529 116.397 271.529
202012 258.824 117.318 303.780
202103 259.158 117.840 302.825
202106 282.301 118.184 328.907
202109 292.081 118.262 340.078
202112 418.723 119.516 482.414
202203 319.637 120.948 363.896
202206 375.848 123.322 419.652
202209 327.090 125.298 359.452
202212 338.393 126.098 369.516
202303 273.027 126.953 296.131
202306 287.225 127.663 309.797
202309 287.389 128.151 308.792
202312 312.928 129.395 333.002
202403 288.161 130.607 303.800
202406 245.966 130.792 258.949
202409 244.377 130.361 258.126
202412 265.165 131.432 277.803
202503 320.495 131.948 334.454
202506 440.574 133.241 455.304
202509 296.199 133.819 304.779
202512 453.620 135.271 461.750
202603 351.685 136.539 354.664
202606 348.764 137.695 348.764

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of Rp1,271.32 mean?
PT Bank Tabungan Negara (Persero) Tbk (ISX:BBTN) has a Cyclically Adjusted Revenue per Share of Rp1,271.32 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on PT Bank Tabungan Negara (Persero) Tbk and its competitors.
Is PT Bank Tabungan Negara (Persero) Tbk's Cyclically Adjusted Revenue per Share too high?
PT Bank Tabungan Negara (Persero) Tbk's current Cyclically Adjusted Revenue per Share is Rp1,271.32. Overall, PT Bank Tabungan Negara (Persero) Tbk has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank Tabungan Negara (Persero) Tbk's Cyclically Adjusted Revenue per Share compare to competitors?
PT Bank Tabungan Negara (Persero) Tbk's Cyclically Adjusted Revenue per Share of Rp1,271.32 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on PT Bank Tabungan Negara (Persero) Tbk and its competitors. PT Bank Tabungan Negara (Persero) Tbk's current Cyclically Adjusted Revenue per Share is Rp1,271.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Tabungan Negara (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Tabungan Negara (Persero) Tbk (ISX:BBTN) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,511.22, compared to a current price of Rp1,220.00 — trading 19.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is Rp1,271.32. PT Bank Tabungan Negara (Persero) Tbk's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For PT Bank Tabungan Negara (Persero) Tbk (ISX:BBTN), the current Cyclically Adjusted Revenue per Share is Rp1,271.32 as of Jun. 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 Bank Tabungan Negara (Persero) Tbk (ISX:BBTN) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Tabungan Negara (Persero) Tbk stock appears to be undervalued. The current stock price of Rp1,220.00 is trading 19.3% below its estimated GF Value™ of Rp1,511.22. GuruFocus considers PT Bank Tabungan Negara (Persero) Tbk to be Modestly Undervalued.

Key valuation signals for ISX:BBTN:

  • Cyclically Adjusted Revenue per Share: Rp1,271.32
  • GF Value™: Rp1,511.22 vs. price of Rp1,220.00 (19.3% below fair value)
  • GF Score™: 80/100 with 2 warning signs

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


PT Bank Tabungan Negara (Persero) Tbk Business Description

Address Jalan Gajah Mada No. 1, Menara BTN, Jakarta, IDN, 10130
PT Bank Tabungan Negara (Persero) Tbk conducts business in the banking sector. Its activities include Collecting funds from the public in the form of savings, current accounts, time deposits, certificates of deposit, distributing funds in the form of credit or financing, issuing and/or carrying out securities transactions. Its products and services are divided into two segments, namely conventional and sharia. Conventional banking consist of Consumer products and Commercial products; and Sharia consist of Sharia Products. Its services include consumer loan products, consumer savings products, and wealth management products.
80GF Score

Get the complete analysis for ISX:BBTN

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

Rp1,220.00
Price
Rp1,511.22
GF Value