PT Semen Indonesia (Persero) Tbk (STU:SMS2) Cyclically Adjusted Revenue per Share: €0.30 (As of Mar. 2026)

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STU:SMS2 PT Semen Indonesia (Persero) Tbk STU:SMS2
67 GF Score
Price €0.05
GF Value €0.12
Valuation Possible Value Trap
! 7 Warning Signs
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What is PT Semen Indonesia (Persero) Tbk Cyclically Adjusted Revenue per Share?

PT Semen Indonesia (Persero) Tbk STU:SMS2 +3.92% 67 Cyclically Adjusted Revenue per Share is €0.30 as of Mar. 2026. GuruFocus rates STU:SMS2 with a GF Score™ of 67/100 and a GF Value™ of €0.12 (Possible Value Trap). 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 Semen Indonesia (Persero) Tbk's adjusted revenue per share for the three months ended in Mar. 2026 was €0.063. 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 €0.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Semen Indonesia (Persero) Tbk's average Cyclically Adjusted Revenue Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% 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 Semen Indonesia (Persero) Tbk was 5.60% per year. The lowest was 1.30% per year. And the median was 4.25% per year.

As of today (2026-07-17), PT Semen Indonesia (Persero) Tbk's current stock price is €0.053. PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.30. PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PT Semen Indonesia (Persero) Tbk was 2.71. The lowest was 0.22. And the median was 1.12.


PT Semen Indonesia (Persero) Tbk  (STU:SMS2) 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 Semen Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.053/0.30
=0.18

* 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 Semen Indonesia (Persero) Tbk was 2.71. The lowest was 0.22. And the median was 1.12.


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


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

* Premium members only.

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

PT Semen 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 0.31 0.33 0.32 0.29 0.21

PT Semen 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 0.29 0.21 0.22 0.21 0.30

STU:SMS2 vs CRH, VMC, MLM: Cyclically Adjusted Revenue per Share Comparison

For the Building Materials subindustry, PT Semen 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 Semen Indonesia (Persero) Tbk Cyclically Adjusted PS Ratio vs Building Materials Industry

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

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


STU:SMS2
67GF Score
PT Semen Indonesia (Persero) Tbk STU:SMS2
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Semen 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 Semen 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)
=0.063/136.5387*136.5387
=0.063

Current CPI (Mar. 2026) = 136.5387.

PT Semen Indonesia (Persero) Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.072 103.212 0.095
201609 0.076 104.142 0.100
201612 0.084 105.222 0.109
201703 0.075 106.476 0.096
201706 0.071 107.722 0.090
201709 0.083 108.020 0.105
201712 0.076 109.017 0.095
201803 0.066 110.097 0.082
201806 0.069 111.085 0.085
201809 0.079 111.135 0.097
201812 0.094 112.430 0.114
201903 0.085 112.829 0.103
201906 0.086 114.730 0.102
201909 0.127 114.905 0.151
201912 0.132 115.486 0.156
202003 0.086 116.252 0.101
202006 0.078 116.630 0.091
202009 0.092 116.397 0.108
202012 0.093 117.318 0.108
202103 0.079 117.840 0.092
202106 0.079 118.184 0.091
202109 0.091 118.262 0.105
202112 0.118 119.516 0.135
202203 0.091 120.948 0.103
202206 0.088 123.322 0.097
202209 0.112 125.298 0.122
202212 0.099 126.098 0.107
202303 0.081 126.953 0.087
202306 0.074 127.663 0.079
202309 0.096 128.151 0.102
202312 0.096 129.395 0.101
202403 0.073 130.607 0.076
202406 0.068 130.792 0.071
202409 0.086 130.361 0.090
202412 0.087 131.432 0.090
202503 0.064 131.948 0.066
202506 0.063 133.241 0.065
202509 0.074 133.819 0.076
202512 0.075 135.271 0.076
202603 0.063 136.539 0.063

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 €0.30 mean?
PT Semen Indonesia (Persero) Tbk (STU:SMS2) has a Cyclically Adjusted Revenue per Share of €0.30 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 Semen Indonesia (Persero) Tbk and its competitors.
Is PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share too high?
PT Semen Indonesia (Persero) Tbk's current Cyclically Adjusted Revenue per Share is €0.30. Overall, PT Semen Indonesia (Persero) Tbk has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share compare to CRH and VMC?
PT Semen Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share of €0.30 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Revenue per Share depends on the Building Materials 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 Semen Indonesia (Persero) Tbk and its competitors. PT Semen Indonesia (Persero) Tbk's current Cyclically Adjusted Revenue per Share is €0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Semen Indonesia (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Semen Indonesia (Persero) Tbk (STU:SMS2) is currently considered Possible Value Trap. The stock's GF Value™ is €0.12, compared to a current price of €0.05 — trading 55.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €0.30. PT Semen Indonesia (Persero) Tbk's overall GF Score™ is 67/100 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 Semen Indonesia (Persero) Tbk (STU:SMS2), the current Cyclically Adjusted Revenue per Share is €0.30 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 Semen Indonesia (Persero) Tbk (STU:SMS2) Overvalued in 2026?

Based on GuruFocus' analysis, PT Semen Indonesia (Persero) Tbk stock appears to be undervalued. The current stock price of €0.05 is trading 55.8% below its estimated GF Value™ of €0.12. GuruFocus considers PT Semen Indonesia (Persero) Tbk to be Possible Value Trap.

Key valuation signals for STU:SMS2:

  • Cyclically Adjusted Revenue per Share: €0.30
  • GF Value™: €0.12 vs. price of €0.05 (55.8% below fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the STU:SMS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Semen Indonesia (Persero) Tbk Business Description

Address Jalan R.A. Kartini Kav. 8, South Quarter, Tower A, Lantai 19th - 20th Floor, Cilandak Barat, South Jakarta, Jakarta, IDN, 12430
PT Semen Indonesia (Persero) Tbk is engaged in the manufacturing industry, especially cement & its derivatives, other building materials, and related business activities both upstream and downstream. The company operates in two segments; the Cement Production Segment produces and markets cement products in Indonesia, and Vietnam, as well as various export destination countries, including Bangladesh, Australia, the Philippines, Taiwan, China, and several other countries, and The non-cement production segment, consists of mining limestone and clay, manufacturing packaging bags, developing industrial estates, finished and ready-to-use concrete, information system services, logistics, and trading. It generates a majority of its revenue from the cement production segment.
67GF Score

Get the complete analysis for STU:SMS2

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

€0.05
Price
€0.12
GF Value