PT Elnusa Tbk (ISX:ELSA) Cyclically Adjusted Revenue per Share: Rp1,500.52 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:ELSA PT Elnusa Tbk ISX:ELSA
92 GF Score
Price Rp695.00
GF Value Rp534.25
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is PT Elnusa Tbk Cyclically Adjusted Revenue per Share?

PT Elnusa Tbk ISX:ELSA +0.72% 92 Cyclically Adjusted Revenue per Share is Rp1,500.52 as of Jun. 2026. GuruFocus rates ISX:ELSA with a GF Score™ of 92/100 and a GF Value™ of Rp534.25 (Modestly Overvalued). The stock has 1 warning sign 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 Elnusa Tbk's adjusted revenue per share for the three months ended in Jun. 2026 was Rp543.880. 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 Rp1,500.52 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Elnusa Tbk's average Cyclically Adjusted Revenue Growth Rate was 14.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.10% 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 Elnusa Tbk was 5.10% per year. The lowest was -8.30% per year. And the median was -5.55% per year.

As of today (2026-08-05), PT Elnusa Tbk's current stock price is Rp695.00. PT Elnusa Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp1,500.52. PT Elnusa Tbk's Cyclically Adjusted PS Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PT Elnusa Tbk was 0.61. The lowest was 0.10. And the median was 0.26.


PT Elnusa Tbk  (ISX:ELSA) 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 Elnusa Tbk's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=695.00/1500.52
=0.46

* 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 Elnusa Tbk was 0.61. The lowest was 0.10. And the median was 0.26.


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 Elnusa Tbk Cyclically Adjusted Revenue per Share Related Terms


PT Elnusa Tbk Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for PT Elnusa 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 Elnusa Tbk Cyclically Adjusted Revenue per Share Chart

PT Elnusa 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 1,487.00 1,640.27 1,113.12 1,234.87 1,402.38

PT Elnusa 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 1,314.57 1,353.58 1,402.38 1,448.31 1,500.52

ISX:ELSA vs SLB, BKR, FTI: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Equipment & Services subindustry, PT Elnusa 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 Elnusa Tbk Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Elnusa Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:ELSA
92GF Score
PT Elnusa Tbk ISX:ELSA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Elnusa 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 Elnusa 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)
=543.88/137.6954*137.6954
=543.880

Current CPI (Jun. 2026) = 137.6954.

PT Elnusa Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 111.324 104.142 147.191
201612 150.277 105.222 196.655
201703 133.020 106.476 172.022
201706 139.959 107.722 178.903
201709 182.035 108.020 232.043
201712 227.056 109.017 286.786
201803 199.434 110.097 249.428
201806 200.114 111.085 248.052
201809 235.871 111.135 292.244
201812 272.142 112.430 333.298
201903 260.561 112.829 317.987
201906 256.088 114.730 307.348
201909 294.069 114.905 352.396
201912 338.165 115.486 403.199
202003 281.752 116.252 333.722
202006 252.199 116.630 297.751
202009 255.320 116.397 302.040
202012 269.432 117.318 316.230
202103 249.252 117.840 291.250
202106 259.843 118.184 302.742
202109 274.591 118.262 319.714
202112 331.140 119.516 381.509
202203 335.061 120.948 381.456
202206 407.632 123.322 455.141
202209 431.814 125.298 474.538
202212 511.551 126.098 558.600
202303 430.662 126.953 467.105
202306 372.312 127.663 401.570
202309 427.764 128.151 459.621
202312 490.765 129.395 522.248
202403 425.811 130.607 448.921
202406 439.766 130.792 462.979
202409 456.910 130.361 482.617
202412 512.549 131.432 536.977
202503 510.739 131.948 532.984
202506 443.593 133.241 458.424
202509 481.222 133.819 495.162
202512 550.901 135.271 560.774
202603 495.528 136.539 499.726
202606 543.880 137.695 543.880

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 Rp1,500.52 mean?
PT Elnusa Tbk (ISX:ELSA) has a Cyclically Adjusted Revenue per Share of Rp1,500.52 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 Elnusa Tbk and its competitors.
Is PT Elnusa Tbk's Cyclically Adjusted Revenue per Share too high?
PT Elnusa Tbk's current Cyclically Adjusted Revenue per Share is Rp1,500.52. Overall, PT Elnusa Tbk has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Elnusa Tbk's Cyclically Adjusted Revenue per Share compare to SLB and BKR?
PT Elnusa Tbk's Cyclically Adjusted Revenue per Share of Rp1,500.52 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas 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 Elnusa Tbk and its competitors. PT Elnusa Tbk's current Cyclically Adjusted Revenue per Share is Rp1,500.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Elnusa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Elnusa Tbk (ISX:ELSA) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp534.25, compared to a current price of Rp695.00 — trading 30.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is Rp1,500.52. PT Elnusa Tbk's overall GF Score™ is 92/100 with 1 warning sign 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 Elnusa Tbk (ISX:ELSA), the current Cyclically Adjusted Revenue per Share is Rp1,500.52 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 Elnusa Tbk (ISX:ELSA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Elnusa Tbk stock appears to be overvalued. The current stock price of Rp695.00 is trading 30.1% above its estimated GF Value™ of Rp534.25. GuruFocus considers PT Elnusa Tbk to be Modestly Overvalued.

Key valuation signals for ISX:ELSA:

  • Cyclically Adjusted Revenue per Share: Rp1,500.52
  • GF Value™: Rp534.25 vs. price of Rp695.00 (30.1% above fair value)
  • GF Score™: 92/100 with 1 warning sign

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


PT Elnusa Tbk Business Description

Industry EnergyOil & Gas
Address Jalan T.B. Simatupang Kav. 1 B, Graha Elnusa, 16th Floor, Jakarta, IDN, 12560
PT Elnusa Tbk is engaged in upstream oil and gas services and investing in shares of stock of subsidiaries and joint ventures that are engaged in various businesses in oil and gas support services and energy distribution and logistics services. The company also provides goods and services including providing and managing office space for its subsidiaries, related parties and third parties. Its business segments are: Integrated upstream oil and gas services, Oil and gas support services, and Sales of goods and energy distribution and logistics services. The majority of the company's revenue is derived from the Sales of goods and energy distribution and logistics services segment, which provides storage services, trading, distribution and marketing of oil and gas products in Indonesia.
92GF Score

Get the complete analysis for ISX:ELSA

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

Rp695.00
Price
Rp534.25
GF Value