PBNNF (PT Bank Negara Indonesia (Persero) Tbk) Cyclically Adjusted Revenue per Share: $0.08 (As of Mar. 2026)


PBNNF PT Bank Negara Indonesia (Persero) Tbk PBNNF
56 GF Score
Price $0.24
GF Value $0.27
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT Bank Negara Indonesia (Persero) Tbk Cyclically Adjusted Revenue per Share?

PT Bank Negara Indonesia (Persero) Tbk PBNNF +18.64% 56 Cyclically Adjusted Revenue per Share is $0.08 as of Mar. 2026. GuruFocus rates PBNNF with a GF Score™ of 56/100 and a GF Value™ of $0.27 (Modestly Undervalued). The stock has 3 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 Negara Indonesia (Persero) Tbk's adjusted revenue per share for the three months ended in Mar. 2026 was $0.024. 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 $0.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Bank Negara Indonesia (Persero) Tbk's average Cyclically Adjusted Revenue Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.00% 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 Negara Indonesia (Persero) Tbk was 8.40% per year. The lowest was 5.40% per year. And the median was 7.50% per year.

As of today (2026-07-12), PT Bank Negara Indonesia (Persero) Tbk's current stock price is $0.24. PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.08. PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio of today is 3.00.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PT Bank Negara Indonesia (Persero) Tbk was 4.44. The lowest was 1.55. And the median was 3.08.


PT Bank Negara Indonesia (Persero) Tbk  (OTCPK:PBNNF) 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 Negara Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.24/0.08
=3.00

* 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 Negara Indonesia (Persero) Tbk was 4.44. The lowest was 1.55. And the median was 3.08.


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 Negara Indonesia (Persero) Tbk Cyclically Adjusted Revenue per Share Related Terms


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

* Premium members only.

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

PT Bank Negara Indonesia (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 0.07 0.09 0.09 0.08 0.07

PT Bank Negara Indonesia (Persero) 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 0.07 0.09 0.09 0.07 0.08

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

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

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

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


PBNNF
56GF Score
PT Bank Negara Indonesia (Persero) Tbk PBNNF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bank Negara Indonesia (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 Negara Indonesia (Persero) 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)
=0.024/136.5387*136.5387
=0.024

Current CPI (Mar. 2026) = 136.5387.

PT Bank Negara Indonesia (Persero) Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.019 103.212 0.025
201609 0.022 104.142 0.029
201612 0.022 105.222 0.029
201703 0.021 106.476 0.027
201706 0.021 107.722 0.027
201709 0.022 108.020 0.028
201712 0.022 109.017 0.028
201803 0.022 110.097 0.027
201806 0.022 111.085 0.027
201809 0.020 111.135 0.025
201812 0.023 112.430 0.028
201903 0.022 112.829 0.027
201906 0.022 114.730 0.026
201909 0.024 114.905 0.029
201912 0.026 115.486 0.031
202003 0.023 116.252 0.027
202006 0.021 116.630 0.025
202009 0.022 116.397 0.026
202012 0.027 117.318 0.031
202103 0.024 117.840 0.028
202106 0.025 118.184 0.029
202109 0.024 118.262 0.028
202112 0.025 119.516 0.029
202203 0.025 120.948 0.028
202206 0.026 123.322 0.029
202209 0.025 125.298 0.027
202212 0.026 126.098 0.028
202303 0.024 126.953 0.026
202306 0.025 127.663 0.027
202309 0.025 128.151 0.027
202312 0.025 129.395 0.026
202403 0.023 130.607 0.024
202406 0.022 130.792 0.023
202409 0.025 130.361 0.026
202412 0.025 131.432 0.026
202503 0.022 131.948 0.023
202506 0.022 133.241 0.023
202509 0.024 133.819 0.024
202512 0.026 135.271 0.026
202603 0.024 136.539 0.024

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 $0.08 mean?
PT Bank Negara Indonesia (Persero) Tbk (PBNNF) has a Cyclically Adjusted Revenue per Share of $0.08 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 Bank Negara Indonesia (Persero) Tbk and its competitors.
Is PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share too high?
PT Bank Negara Indonesia (Persero) Tbk's current Cyclically Adjusted Revenue per Share is $0.08. Overall, PT Bank Negara Indonesia (Persero) Tbk has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share compare to competitors?
PT Bank Negara Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share of $0.08 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 Negara Indonesia (Persero) Tbk and its competitors. PT Bank Negara Indonesia (Persero) Tbk's current Cyclically Adjusted Revenue per Share is $0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank Negara Indonesia (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank Negara Indonesia (Persero) Tbk (PBNNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.27, compared to a current price of $0.24 — trading 11.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $0.08. PT Bank Negara Indonesia (Persero) Tbk's overall GF Score™ is 56/100 with 3 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 Negara Indonesia (Persero) Tbk (PBNNF), the current Cyclically Adjusted Revenue per Share is $0.08 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 Bank Negara Indonesia (Persero) Tbk (PBNNF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank Negara Indonesia (Persero) Tbk stock appears to be undervalued. The current stock price of $0.24 is trading 11.1% below its estimated GF Value™ of $0.27. GuruFocus considers PT Bank Negara Indonesia (Persero) Tbk to be Modestly Undervalued.

Key valuation signals for PBNNF:

  • Cyclically Adjusted Revenue per Share: $0.08
  • GF Value™: $0.27 vs. price of $0.24 (11.1% below fair value)
  • GF Score™: 56/100 with 3 warning signs

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


PT Bank Negara Indonesia (Persero) Tbk Business Description

Address Jalan Jenderal Sudirman Kavling 1, Gedung Grha BNI, Jakarta Pusat, Jakarta, IDN, 10220
PT Bank Negara Indonesia (Persero) Tbk is an Indonesian state-owned bank, with the government holding just over half of the bank's outstanding shares. Its main banking activities include deposit-taking, providing credit, issuing debt instruments, money transfer services, secondary market services, wholesale banking, custody banking, capital investment, and other services. Its segments include Wholesale & International Banking, Institutional Banking, Enterprises & Commercial Banking, Retail Banking and Treasury. The company generates the majority of its revenue from the Wholesale & International Banking segment which includes loans, customer deposits, and other transactions belonging to corporate customers, both BUMN and private business entities.
56GF Score

Get the complete analysis for PBNNF

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

$0.24
Price
$0.27
GF Value