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PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) Cyclically Adjusted PS Ratio : 1.02 (As of May. 22, 2024)


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What is PT Indah Kiat Pulp & Paper Tbk Cyclically Adjusted PS Ratio?

As of today (2024-05-22), PT Indah Kiat Pulp & Paper Tbk's current share price is Rp9625.00. PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was Rp9,451.44. PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PS Ratio for today is 1.02.

The historical rank and industry rank for PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:

ISX:INKP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.99   Max: 1.85
Current: 1.04

During the past years, PT Indah Kiat Pulp & Paper Tbk's highest Cyclically Adjusted PS Ratio was 1.85. The lowest was 0.47. And the median was 0.99.

ISX:INKP's Cyclically Adjusted PS Ratio is ranked worse than
68.55% of 248 companies
in the Forest Products industry
Industry Median: 0.59 vs ISX:INKP: 1.04

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 Indah Kiat Pulp & Paper Tbk's adjusted revenue per share data for the three months ended in Dec. 2023 was Rp2,231.556. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is Rp9,451.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indah Kiat Pulp & Paper Tbk Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PS Ratio 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.

* Premium members only.

PT Indah Kiat Pulp & Paper Tbk Cyclically Adjusted PS Ratio Chart

PT Indah Kiat Pulp & Paper Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 1.37 0.97 0.97 0.88

PT Indah Kiat Pulp & Paper Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio 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 0.97 0.82 0.92 1.19 0.88

Competitive Comparison of PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

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

* The bar in red indicates where PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PS Ratio falls into.



PT Indah Kiat Pulp & Paper Tbk Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

PT Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9625.00/9451.44
=1.02

* 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 Indah Kiat Pulp & Paper Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PT Indah Kiat Pulp & Paper Tbk's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2231.556/129.3947*129.3947
=2,231.556

Current CPI (Dec. 2023) = 129.3947.

PT Indah Kiat Pulp & Paper Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,328.888 92.483 1,859.264
201406 1,379.491 93.015 1,919.037
201409 1,437.044 94.576 1,966.100
201412 1,644.322 98.819 2,153.085
201503 1,683.958 98.388 2,214.662
201506 1,713.561 99.766 2,222.455
201509 1,850.827 101.037 2,370.301
201512 1,856.076 102.133 2,351.511
201603 1,645.724 102.764 2,072.206
201606 1,698.788 103.212 2,129.728
201609 1,531.213 104.142 1,902.499
201612 1,700.965 105.222 2,091.730
201703 1,816.335 106.476 2,207.299
201706 1,728.530 107.722 2,076.304
201709 1,986.383 108.020 2,379.434
201712 2,145.643 109.017 2,546.714
201803 2,121.399 110.097 2,493.247
201806 2,151.227 111.085 2,505.812
201809 2,310.450 111.135 2,690.074
201812 2,191.439 112.430 2,522.110
201903 2,020.480 112.829 2,317.140
201906 2,064.185 114.730 2,328.023
201909 2,311.510 114.905 2,603.004
201912 1,921.613 115.486 2,153.047
202003 2,334.860 116.252 2,598.817
202006 1,839.393 116.630 2,040.711
202009 1,929.912 116.397 2,145.427
202012 2,047.473 117.318 2,258.238
202103 2,134.211 117.840 2,343.483
202106 2,188.457 118.184 2,396.052
202109 2,300.204 118.262 2,516.742
202112 2,633.579 119.516 2,851.257
202203 2,611.518 120.948 2,793.895
202206 2,565.598 123.322 2,691.926
202209 2,945.875 125.298 3,042.183
202212 2,888.376 126.098 2,963.897
202303 2,907.855 126.953 2,963.794
202306 2,402.512 127.663 2,435.103
202309 2,145.671 128.151 2,166.488
202312 2,231.556 129.395 2,231.556

Add all the adjusted revenue per share together and divide 10 will get our 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.


PT Indah Kiat Pulp & Paper Tbk  (ISX:INKP) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


PT Indah Kiat Pulp & Paper Tbk Cyclically Adjusted PS Ratio Related Terms

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PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) Business Description

Traded in Other Exchanges
Address
Jalan M.H. Thamrin No. 51, Gedung Sinar Mas Land Plaza, Tower 2, 9th Floor, Gondangdia, Mentang, Jakarta Pusat, Jakarta, IDN, 10350
PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp and packaging paper. The company's operating segment includes cultural paper and pulp and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, it derives a majority of revenue from Asia and also has a presence in Europe; America; Middle East; Africa, and Australia. It generates maximum revenue from the cultural paper and pulp segment.

PT Indah Kiat Pulp & Paper Tbk (ISX:INKP) Headlines

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