PT Krakatau Steel (Persero) Tbk (ISX:KRAS) Cyclically Adjusted Revenue per Share: Rp1,154.16 (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:KRAS PT Krakatau Steel (Persero) Tbk ISX:KRAS
53 GF Score
Price Rp226.00
GF Value Rp201.71
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is PT Krakatau Steel (Persero) Tbk Cyclically Adjusted Revenue per Share?

PT Krakatau Steel (Persero) Tbk ISX:KRAS +1.80% 53 Cyclically Adjusted Revenue per Share is Rp1,154.16 as of Jun. 2026. GuruFocus rates ISX:KRAS with a GF Score™ of 53/100 and a GF Value™ of Rp201.71 (Modestly Overvalued). The stock has 7 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 Krakatau Steel (Persero) Tbk's adjusted revenue per share for the three months ended in Jun. 2026 was Rp178.545. 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 Rp1,154.16 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PT Krakatau Steel (Persero) Tbk's average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -6.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.60% 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 Krakatau Steel (Persero) Tbk was 0.70% per year. The lowest was -6.00% per year. And the median was -2.80% per year.

As of today (2026-08-19), PT Krakatau Steel (Persero) Tbk's current stock price is Rp226.00. PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Rp1,154.16. PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted PS Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PT Krakatau Steel (Persero) Tbk was 0.56. The lowest was 0.07. And the median was 0.23.


PT Krakatau Steel (Persero) Tbk  (ISX:KRAS) 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 Krakatau Steel (Persero) Tbk's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=226.00/1154.16
=0.20

* 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 Krakatau Steel (Persero) Tbk was 0.56. The lowest was 0.07. And the median was 0.23.


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 Krakatau Steel (Persero) Tbk Cyclically Adjusted Revenue per Share Related Terms


PT Krakatau Steel (Persero) Tbk Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for PT Krakatau Steel (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 Krakatau Steel (Persero) Tbk Cyclically Adjusted Revenue per Share Chart

PT Krakatau Steel (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 1,389.33 1,401.88 1,333.85 1,207.66 1,163.50

PT Krakatau Steel (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 1,171.12 1,160.98 1,163.50 1,158.83 1,154.16

ISX:KRAS vs NUE, STLD, RS: Cyclically Adjusted Revenue per Share Comparison

For the Steel subindustry, PT Krakatau Steel (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 Krakatau Steel (Persero) Tbk Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:KRAS
53GF Score
PT Krakatau Steel (Persero) Tbk ISX:KRAS
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Krakatau Steel (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 Krakatau Steel (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)
=178.545/137.6954*137.6954
=178.545

Current CPI (Jun. 2026) = 137.6954.

PT Krakatau Steel (Persero) Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 236.455 104.142 312.637
201612 331.402 105.222 433.679
201703 241.508 106.476 312.320
201706 195.189 107.722 249.501
201709 279.153 108.020 355.841
201712 286.635 109.017 362.039
201803 345.743 110.097 432.414
201806 266.254 111.085 330.036
201809 324.158 111.135 401.631
201812 348.965 112.430 427.385
201903 307.681 112.829 375.493
201906 208.736 114.730 250.518
201909 256.033 114.905 306.816
201912 266.151 115.486 317.335
202003 245.350 116.252 290.606
202006 177.613 116.630 209.693
202009 296.222 116.397 350.426
202012 303.047 117.318 355.684
202103 282.790 117.840 330.439
202106 423.238 118.184 493.112
202109 408.891 118.262 476.083
202112 375.227 119.516 432.302
202203 392.916 120.948 447.321
202206 367.897 123.322 410.775
202209 319.274 125.298 350.863
202212 208.659 126.098 227.850
202303 404.646 126.953 438.888
202306 168.874 127.663 182.145
202309 164.093 128.151 176.314
202312 152.815 129.395 162.618
202403 103.498 130.607 109.115
202406 98.803 130.792 104.018
202409 95.584 130.361 100.962
202412 79.403 131.432 83.187
202503 112.004 131.948 116.882
202506 75.133 133.241 77.645
202509 209.275 133.819 215.337
202512 177.212 135.271 180.388
202603 171.272 136.539 172.723
202606 178.545 137.695 178.545

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 Rp1,154.16 mean?
PT Krakatau Steel (Persero) Tbk (ISX:KRAS) has a Cyclically Adjusted Revenue per Share of Rp1,154.16 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 Krakatau Steel (Persero) Tbk and its competitors.
Is PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted Revenue per Share too high?
PT Krakatau Steel (Persero) Tbk's current Cyclically Adjusted Revenue per Share is Rp1,154.16. Overall, PT Krakatau Steel (Persero) Tbk has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted Revenue per Share compare to NUE and STLD?
PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted Revenue per Share of Rp1,154.16 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Revenue per Share depends on the Steel 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 Krakatau Steel (Persero) Tbk and its competitors. PT Krakatau Steel (Persero) Tbk's current Cyclically Adjusted Revenue per Share is Rp1,154.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Krakatau Steel (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Krakatau Steel (Persero) Tbk (ISX:KRAS) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp201.71, compared to a current price of Rp226.00 — trading 12% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is Rp1,154.16. PT Krakatau Steel (Persero) Tbk's overall GF Score™ is 53/100 with 7 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 Krakatau Steel (Persero) Tbk (ISX:KRAS), the current Cyclically Adjusted Revenue per Share is Rp1,154.16 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 Krakatau Steel (Persero) Tbk (ISX:KRAS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Krakatau Steel (Persero) Tbk stock appears to be overvalued. The current stock price of Rp226.00 is trading 12% above its estimated GF Value™ of Rp201.71. GuruFocus considers PT Krakatau Steel (Persero) Tbk to be Modestly Overvalued.

Key valuation signals for ISX:KRAS:

  • Cyclically Adjusted Revenue per Share: Rp1,154.16
  • GF Value™: Rp201.71 vs. price of Rp226.00 (12% above fair value)
  • GF Score™: 53/100 with 7 warning signs

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


PT Krakatau Steel (Persero) Tbk Business Description

Other Exchanges 07K:Germany
Address Jl. Asia Raya Kav. O.3, Wisma Krakatau Steel, Cilegon, IDN, 42435
PT Krakatau Steel (Persero) Tbk is a steel producer in Indonesia. The company's products include Hot Rolled Coil, Cold Rolled Coil, and Wire Rod. Along with its subsidiaries, The Company's core business activities include the production and sale of steel products, such as Hot Rolled Coil (HRC), Cold Rolled Coil (CRC), wire rods, steel pipes, steel sections, and reinforcing bars, as well as related services including coating and tolling. It operates in four segments: Steel Products; Infrastructure facilities segment; Engineering and Construction; and Other Services. It derives the majority of its revenue from the Steel Products segment.
53GF Score

Get the complete analysis for ISX:KRAS

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

Rp226.00
Price
Rp201.71
GF Value