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PT Bank Mega Tbk (ISX:MEGA) Cyclically Adjusted PS Ratio : 9.43 (As of May. 28, 2024)


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What is PT Bank Mega Tbk Cyclically Adjusted PS Ratio?

As of today (2024-05-28), PT Bank Mega Tbk's current share price is Rp5100.00. PT Bank Mega Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Rp540.98. PT Bank Mega Tbk's Cyclically Adjusted PS Ratio for today is 9.43.

The historical rank and industry rank for PT Bank Mega Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:

ISX:MEGA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.55   Med: 10.35   Max: 16.4
Current: 9.43

During the past years, PT Bank Mega Tbk's highest Cyclically Adjusted PS Ratio was 16.40. The lowest was 8.55. And the median was 10.35.

ISX:MEGA's Cyclically Adjusted PS Ratio is ranked worse than
96.81% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs ISX:MEGA: 9.43

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 Mega Tbk's adjusted revenue per share data for the three months ended in Mar. 2024 was Rp143.108. 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 Rp540.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bank Mega Tbk Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PT Bank Mega 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 Bank Mega Tbk Cyclically Adjusted PS Ratio Chart

PT Bank Mega 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 - 9.70 10.75 10.67 9.59

PT Bank Mega Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.13 10.52 10.52 9.59 9.80

Competitive Comparison of PT Bank Mega Tbk's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, PT Bank Mega 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 Mega Tbk's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where PT Bank Mega Tbk's Cyclically Adjusted PS Ratio falls into.



PT Bank Mega 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 Bank Mega Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5100.00/540.98
=9.43

* 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 Mega Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Bank Mega Tbk's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=143.108/130.6070*130.6070
=143.108

Current CPI (Mar. 2024) = 130.6070.

PT Bank Mega Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 76.727 93.015 107.736
201409 76.278 94.576 105.338
201412 68.690 98.819 90.786
201503 106.023 98.388 140.743
201506 83.037 99.766 108.706
201509 84.537 101.037 109.278
201512 92.569 102.133 118.377
201603 92.546 102.764 117.621
201606 95.460 103.212 120.797
201609 116.851 104.142 146.545
201612 80.902 105.222 100.420
201703 96.874 106.476 118.829
201706 99.995 107.722 121.239
201709 104.043 108.020 125.798
201712 98.914 109.017 118.503
201803 92.803 110.097 110.092
201806 98.629 111.085 115.962
201809 101.566 111.135 119.362
201812 105.091 112.430 122.082
201903 108.959 112.829 126.128
201906 106.084 114.730 120.764
201909 95.931 114.905 109.041
201912 111.379 115.486 125.962
202003 123.604 116.252 138.866
202006 111.069 116.630 124.380
202009 109.110 116.397 122.431
202012 174.140 117.318 193.865
202103 122.897 117.840 136.212
202106 141.277 118.184 156.128
202109 150.947 118.262 166.704
202112 197.979 119.516 216.351
202203 132.331 120.948 142.899
202206 147.117 123.322 155.807
202209 178.728 125.298 186.300
202212 192.411 126.098 199.292
202303 162.280 126.953 166.951
202306 174.672 127.663 178.700
202309 149.387 128.151 152.250
202312 128.226 129.395 129.427
202403 143.108 130.607 143.108

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 Bank Mega Tbk  (ISX:MEGA) 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 Bank Mega Tbk Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of PT Bank Mega Tbk's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Bank Mega Tbk (ISX:MEGA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Captain P. Tendean No. 12-14A, Menara Bank Mega, 15th Floor, Jakarta, IDN, 12790
PT Bank Mega Tbk is an Indonesia-based company primarily engaged in providing general banking services. It offers savings, time deposits, motor vehicle loans, housing loans, credit cards, safe deposit box fees, and custodial services. The Bank geographical segment is Head Office consists of Treasury, Card Center and other functional divisions, including assets, liabilities, incomes, and expenses that cannot be allocated, region Jakarta consist of all branches and sub-branches in Jabodetabek and Banten province, Region Bandung, Region Medan, Region Semarang, Region Surabaya, region Banjarmasin, and region Makassar.

PT Bank Mega Tbk (ISX:MEGA) Headlines

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