PT Calculus Global Ventures Tbk (ISX:STAR) Cyclically Adjusted Revenue per Share: Rp11.69 (As of Mar. 2026)


ISX:STAR PT Calculus Global Ventures Tbk ISX:STAR
59 GF Score
Price Rp298.00
GF Value Rp111.67
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Calculus Global Ventures Tbk Cyclically Adjusted Revenue per Share?

PT Calculus Global Ventures Tbk ISX:STAR +10.37% 59 Cyclically Adjusted Revenue per Share is Rp11.69 as of Mar. 2026. GuruFocus rates ISX:STAR with a GF Score™ of 59/100 and a GF Value™ of Rp111.67 (Significantly 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 Calculus Global Ventures Tbk's adjusted revenue per share for the three months ended in Mar. 2026 was Rp0.526. 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 Rp11.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Calculus Global Ventures Tbk's average Cyclically Adjusted Revenue Growth Rate was -31.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -27.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -20.70% 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 Calculus Global Ventures Tbk was -14.40% per year. The lowest was -27.50% per year. And the median was -19.80% per year.

As of today (2026-07-09), PT Calculus Global Ventures Tbk's current stock price is Rp298.00. PT Calculus Global Ventures Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was Rp11.69. PT Calculus Global Ventures Tbk's Cyclically Adjusted PS Ratio of today is 25.49.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PT Calculus Global Ventures Tbk was 62.95. The lowest was 1.05. And the median was 3.84.


PT Calculus Global Ventures Tbk  (ISX:STAR) 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 Calculus Global Ventures Tbk's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=298.00/11.69
=25.49

* 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 Calculus Global Ventures Tbk was 62.95. The lowest was 1.05. And the median was 3.84.


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 Calculus Global Ventures Tbk Cyclically Adjusted Revenue per Share Related Terms


PT Calculus Global Ventures Tbk Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for PT Calculus Global Ventures 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 Calculus Global Ventures Tbk Cyclically Adjusted Revenue per Share Chart

PT Calculus Global Ventures 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 36.89 32.55 25.17 19.00 12.39

PT Calculus Global Ventures 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 17.10 14.28 13.35 12.39 11.69

ISX:STAR vs BLK, BX, KKR: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, PT Calculus Global Ventures 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 Calculus Global Ventures Tbk Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Calculus Global Ventures Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ISX:STAR
59GF Score
PT Calculus Global Ventures Tbk ISX:STAR
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Calculus Global Ventures 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 Calculus Global Ventures 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)
=0.526/136.5387*136.5387
=0.526

Current CPI (Mar. 2026) = 136.5387.

PT Calculus Global Ventures Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.634 103.212 11.422
201609 8.594 104.142 11.267
201612 3.208 105.222 4.163
201703 5.891 106.476 7.554
201706 3.410 107.722 4.322
201709 6.758 108.020 8.542
201712 7.794 109.017 9.762
201803 6.989 110.097 8.668
201806 4.755 111.085 5.845
201809 7.991 111.135 9.818
201812 7.730 112.430 9.388
201903 6.380 112.829 7.721
201906 5.639 114.730 6.711
201909 1.698 114.905 2.018
201912 2.640 115.486 3.121
202003 0.106 116.252 0.124
202006 0.159 116.630 0.186
202009 0.172 116.397 0.202
202012 0.176 117.318 0.205
202103 0.180 117.840 0.209
202106 0.194 118.184 0.224
202109 0.211 118.262 0.244
202112 0.226 119.516 0.258
202203 0.214 120.948 0.242
202206 0.219 123.322 0.242
202209 0.252 125.298 0.275
202212 0.258 126.098 0.279
202303 0.246 126.953 0.265
202306 0.234 127.663 0.250
202309 0.256 128.151 0.273
202312 0.251 129.395 0.265
202403 0.242 130.607 0.253
202406 0.204 130.792 0.213
202409 0.199 130.361 0.208
202412 0.202 131.432 0.210
202503 0.310 131.948 0.321
202506 0.340 133.241 0.348
202509 0.307 133.819 0.313
202512 0.422 135.271 0.426
202603 0.526 136.539 0.526

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 Rp11.69 mean?
PT Calculus Global Ventures Tbk (ISX:STAR) has a Cyclically Adjusted Revenue per Share of Rp11.69 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 Calculus Global Ventures Tbk and its competitors.
Is PT Calculus Global Ventures Tbk's Cyclically Adjusted Revenue per Share too high?
PT Calculus Global Ventures Tbk's current Cyclically Adjusted Revenue per Share is Rp11.69. Overall, PT Calculus Global Ventures Tbk has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Calculus Global Ventures Tbk's Cyclically Adjusted Revenue per Share compare to BLK and BX?
PT Calculus Global Ventures Tbk's Cyclically Adjusted Revenue per Share of Rp11.69 can be compared against companies in the Asset Management 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 Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management 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 Calculus Global Ventures Tbk and its competitors. PT Calculus Global Ventures Tbk's current Cyclically Adjusted Revenue per Share is Rp11.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Calculus Global Ventures Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk (ISX:STAR) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp111.67, compared to a current price of Rp298.00 — trading 166.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is Rp11.69. PT Calculus Global Ventures Tbk's overall GF Score™ is 59/100 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 Calculus Global Ventures Tbk (ISX:STAR), the current Cyclically Adjusted Revenue per Share is Rp11.69 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 Calculus Global Ventures Tbk (ISX:STAR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk stock appears to be overvalued. The current stock price of Rp298.00 is trading 166.9% above its estimated GF Value™ of Rp111.67. GuruFocus considers PT Calculus Global Ventures Tbk to be Significantly Overvalued.

Key valuation signals for ISX:STAR:

  • Cyclically Adjusted Revenue per Share: Rp11.69
  • GF Value™: Rp111.67 vs. price of Rp298.00 (166.9% above fair value)
  • GF Score™: 59/100 with 1 warning sign

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


PT Calculus Global Ventures Tbk Business Description

Address Jalan MH. Thamrin Number 1, Menara BCA Lot 45, Grand Indonesia, Jakarta Pusat, Jakarta, IDN, 10310
PT Calculus Global Ventures Tbk, formerly known as PT Buana Artha Anugerah Tbk, operates in the business area of investment management, particularly in asset management. The company is engaged in the management consulting business. The products of the company consist of mutual funds includes including foster equity fund, foster fixed income, and foster money market and management of securities portfolio. The company segments consist of investment management services and others.
59GF Score

Get the complete analysis for ISX:STAR

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

Rp298.00
Price
Rp111.67
GF Value