PT Suparma Tbk (ISX:SPMA) Cyclically Adjusted Revenue per Share: Rp552.28 (As of Mar. 2026)

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ISX:SPMA PT Suparma Tbk ISX:SPMA
77 GF Score
Price Rp168.00
GF Value Rp183.68
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is PT Suparma Tbk Cyclically Adjusted Revenue per Share?

PT Suparma Tbk ISX:SPMA -1.18% 77 Cyclically Adjusted Revenue per Share is Rp552.28 as of Mar. 2026. GuruFocus rates ISX:SPMA with a GF Score™ of 77/100 and a GF Value™ of Rp183.68 (Fairly Valued). The stock has 6 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 Suparma Tbk's adjusted revenue per share for the three months ended in Mar. 2026 was Rp122.510. 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 Rp552.28 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-16), PT Suparma Tbk's current stock price is Rp168.00. PT Suparma Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was Rp552.28. PT Suparma Tbk's Cyclically Adjusted PS Ratio of today is 0.30.

During the past 10 years, the highest Cyclically Adjusted PS Ratio of PT Suparma Tbk was 0.30. The lowest was 0.00. And the median was 0.00.


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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=168.00/552.28
=0.30

* 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 10 years, the highest Cyclically Adjusted PS Ratio of PT Suparma Tbk was 0.30. The lowest was 0.00. And the median was 0.00.


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 Suparma Tbk Cyclically Adjusted Revenue per Share Related Terms


PT Suparma Tbk Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

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

PT Suparma 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 0.00 0.00 0.00 0.00 0.00

PT Suparma Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 552.28

ISX:SPMA vs SLVM: Cyclically Adjusted Revenue per Share Comparison

For the Paper & Paper Products subindustry, PT Suparma 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 Suparma Tbk Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Suparma Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:SPMA
77GF Score
PT Suparma Tbk ISX:SPMA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Suparma 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 Suparma Tbk's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=122.51/136.5387*136.5387
=122.510

Current CPI (Mar. 2026) = 136.5387.

PT Suparma Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 124.942 102.764 166.006
201606 128.540 103.212 170.045
201612 0.000 105.222 0.000
201703 86.767 106.476 111.265
201706 94.934 107.722 120.330
201709 104.479 108.020 132.062
201712 106.498 109.017 133.384
201803 101.909 110.097 126.385
201806 101.227 111.085 124.422
201809 115.028 111.135 141.322
201812 130.069 112.430 157.960
201903 114.251 112.829 138.260
201906 117.457 114.730 139.784
201909 120.553 114.905 143.251
201912 119.401 115.486 141.168
202003 105.100 116.252 123.440
202006 80.813 116.630 94.608
202009 102.828 116.397 120.622
202012 114.885 117.318 133.707
202103 112.187 117.840 129.989
202106 115.735 118.184 133.709
202109 133.191 118.262 153.775
202112 163.134 119.516 186.369
202203 143.543 120.948 162.046
202206 145.946 123.322 161.587
202209 152.876 125.298 166.590
202212 146.342 126.098 158.459
202303 131.090 126.953 140.989
202306 113.125 127.663 120.990
202309 122.040 128.151 130.027
202312 132.491 129.395 139.806
202403 123.370 130.607 128.973
202406 115.974 130.792 121.070
202409 128.721 130.361 134.821
202412 144.023 131.432 149.619
202503 119.467 131.948 123.623
202506 122.233 133.241 125.259
202509 131.638 133.819 134.313
202512 140.832 135.271 142.152
202603 122.510 136.539 122.510

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 Rp552.28 mean?
PT Suparma Tbk (ISX:SPMA) has a Cyclically Adjusted Revenue per Share of Rp552.28 as of Mar. 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 Suparma Tbk and its competitors.
Is PT Suparma Tbk's Cyclically Adjusted Revenue per Share too high?
PT Suparma Tbk's current Cyclically Adjusted Revenue per Share is Rp552.28. Overall, PT Suparma Tbk has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Suparma Tbk's Cyclically Adjusted Revenue per Share compare to SLVM?
PT Suparma Tbk's Cyclically Adjusted Revenue per Share of Rp552.28 can be compared against companies in the Forest Products 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 Forest Products company?
A good Cyclically Adjusted Revenue per Share depends on the Forest Products 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 Suparma Tbk and its competitors. PT Suparma Tbk's current Cyclically Adjusted Revenue per Share is Rp552.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Suparma Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Suparma Tbk (ISX:SPMA) is currently considered Fairly Valued. The stock's GF Value™ is Rp183.68, compared to a current price of Rp168.00 — trading 8.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is Rp552.28. PT Suparma Tbk's overall GF Score™ is 77/100 with 6 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 Suparma Tbk (ISX:SPMA), the current Cyclically Adjusted Revenue per Share is Rp552.28 as of Mar. 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 Suparma Tbk (ISX:SPMA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Suparma Tbk stock appears to be undervalued. The current stock price of Rp168.00 is trading 8.5% below its estimated GF Value™ of Rp183.68. GuruFocus considers PT Suparma Tbk to be Fairly Valued.

Key valuation signals for ISX:SPMA:

  • Cyclically Adjusted Revenue per Share: Rp552.28
  • GF Value™: Rp183.68 vs. price of Rp168.00 (8.5% below fair value)
  • GF Score™: 77/100 with 6 warning signs

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


PT Suparma Tbk Business Description

Address Jalan Raya Mastrip, No. 856 Warugunung, Karangpilang, East Java, Surabaya, IDN, 60221
PT Suparma Tbk is an Indonesia-based company that manufactures paper and paper products. The group manufactured paper and paper wrapping products for the industrial and consumer sectors. The firm offers Laminated Wrapping Kraft, Samson Kraft, MG Paper, Coated Duplex Board, Bathroom Tissue, Carrier Tissue, Industrial Roll Towel, Kitchen Towel, and Other products. Geographically, the firm generates the majority of its revenue from the local market.
77GF Score

Get the complete analysis for ISX:SPMA

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

Rp168.00
Price
Rp183.68
GF Value