TLKMF (PT Telkom Indonesia (Persero) Tbk) Cyclically Adjusted Revenue per Share: $0.09 (As of Mar. 2026)


TLKMF PT Telkom Indonesia (Persero) Tbk TLKMF
55 GF Score
Price $0.15
GF Value $0.19
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Telkom Indonesia (Persero) Tbk Cyclically Adjusted Revenue per Share?

PT Telkom Indonesia (Persero) Tbk TLKMF 55 Cyclically Adjusted Revenue per Share is $0.09 as of Mar. 2026. GuruFocus rates TLKMF with a GF Score™ of 55/100 and a GF Value™ of $0.19 (Modestly Undervalued). The stock has 4 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 Telkom Indonesia (Persero) Tbk's adjusted revenue per share for the three months ended in Mar. 2026 was $0.022. 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 $0.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Telkom Indonesia (Persero) Tbk's average Cyclically Adjusted Revenue Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% 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 Telkom Indonesia (Persero) Tbk was 18.00% per year. The lowest was 3.80% per year. And the median was 7.10% per year.

As of today (2026-07-08), PT Telkom Indonesia (Persero) Tbk's current stock price is $0.1473. PT Telkom Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.09. PT Telkom Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio of today is 1.64.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PT Telkom Indonesia (Persero) Tbk was 4.55. The lowest was 1.50. And the median was 2.84.


PT Telkom Indonesia (Persero) Tbk  (OTCPK:TLKMF) 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 Telkom Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.1473/0.09
=1.64

* 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 Telkom Indonesia (Persero) Tbk was 4.55. The lowest was 1.50. And the median was 2.84.


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


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

* Premium members only.

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

PT Telkom 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 0.09 0.09 0.09 0.09 0.10

PT Telkom 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 0.09 0.09 0.10 0.10 0.09

TLKMF vs TMUS, VZ, T: Cyclically Adjusted Revenue per Share Comparison

For the Telecom Services subindustry, PT Telkom 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 Telkom Indonesia (Persero) Tbk Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Telkom Indonesia (Persero) Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TLKMF
55GF Score
PT Telkom Indonesia (Persero) Tbk TLKMF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Telkom 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 Telkom 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)
=0.022/136.5387*136.5387
=0.022

Current CPI (Mar. 2026) = 136.5387.

PT Telkom Indonesia (Persero) Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.022 103.212 0.029
201609 0.023 104.142 0.030
201612 0.023 105.222 0.030
201703 0.023 106.476 0.029
201706 0.025 107.722 0.032
201709 0.025 108.020 0.032
201712 0.023 109.017 0.029
201803 0.024 110.097 0.030
201806 0.023 111.085 0.028
201809 0.024 111.135 0.029
201812 0.022 112.430 0.027
201903 0.025 112.829 0.030
201906 0.024 114.730 0.029
201909 0.024 114.905 0.029
201912 0.024 115.486 0.028
202003 0.023 116.252 0.027
202006 0.023 116.630 0.027
202009 0.022 116.397 0.026
202012 0.026 117.318 0.030
202103 0.024 117.840 0.028
202106 0.025 118.184 0.029
202109 0.026 118.262 0.030
202112 0.026 119.516 0.030
202203 0.025 120.948 0.028
202206 0.025 123.322 0.028
202209 0.025 125.298 0.027
202212 0.025 126.098 0.027
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 0.024 130.607 0.025
202406 0.023 130.792 0.024
202409 0.024 130.361 0.025
202412 0.024 131.432 0.025
202503 0.022 131.948 0.023
202506 0.023 133.241 0.024
202509 0.022 133.819 0.022
202512 0.022 135.271 0.022
202603 0.022 136.539 0.022

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 $0.09 mean?
PT Telkom Indonesia (Persero) Tbk (TLKMF) has a Cyclically Adjusted Revenue per Share of $0.09 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 Telkom Indonesia (Persero) Tbk and its competitors.
Is PT Telkom Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share too high?
PT Telkom Indonesia (Persero) Tbk's current Cyclically Adjusted Revenue per Share is $0.09. Overall, PT Telkom Indonesia (Persero) Tbk has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Telkom Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share compare to TMUS and VZ?
PT Telkom Indonesia (Persero) Tbk's Cyclically Adjusted Revenue per Share of $0.09 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Cyclically Adjusted Revenue per Share depends on the Telecommunication Services 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 Telkom Indonesia (Persero) Tbk and its competitors. PT Telkom Indonesia (Persero) Tbk's current Cyclically Adjusted Revenue per Share is $0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Telkom Indonesia (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Telkom Indonesia (Persero) Tbk (TLKMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.19, compared to a current price of $0.15 — trading 22.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $0.09. PT Telkom Indonesia (Persero) Tbk's overall GF Score™ is 55/100 with 4 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 Telkom Indonesia (Persero) Tbk (TLKMF), the current Cyclically Adjusted Revenue per Share is $0.09 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 Telkom Indonesia (Persero) Tbk (TLKMF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Telkom Indonesia (Persero) Tbk stock appears to be undervalued. The current stock price of $0.15 is trading 22.5% below its estimated GF Value™ of $0.19. GuruFocus considers PT Telkom Indonesia (Persero) Tbk to be Modestly Undervalued.

Key valuation signals for TLKMF:

  • Cyclically Adjusted Revenue per Share: $0.09
  • GF Value™: $0.19 vs. price of $0.15 (22.5% below fair value)
  • GF Score™: 55/100 with 4 warning signs

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


PT Telkom Indonesia (Persero) Tbk Business Description

Address Jalan Japati No. 1, West Java, Bandung, IDN, 40133
PT Telkom Indonesia (Persero) Tbk is the integrated telecommunications provider in Indonesia. It also provides a wide range of other communication services, including telephone network, interconnection services, multimedia, data and internet communication-related services, satellite transponder leasing, leased line, intelligent network and related services, cable television, and VoIP services. It derives revenue from product lines: Mobile, Consumer, Enterprise, WIB, and Others. The firm has identified five reportable segments, namely B2C, B2B Infra, B2B ICT, International, and Others. The firm generates the majority of its revenue from the B2C segment.
55GF Score

Get the complete analysis for TLKMF

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

$0.15
Price
$0.19
GF Value