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PT Bank Sinarmas Tbk (ISX:BSIM) Cyclically Adjusted PS Ratio : 4.39 (As of Jun. 06, 2024)


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What is PT Bank Sinarmas Tbk Cyclically Adjusted PS Ratio?

As of today (2024-06-06), PT Bank Sinarmas Tbk's current share price is Rp840.00. PT Bank Sinarmas Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Rp191.16. PT Bank Sinarmas Tbk's Cyclically Adjusted PS Ratio for today is 4.39.

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

ISX:BSIM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.91   Med: 4.5   Max: 7.79
Current: 4.5

During the past years, PT Bank Sinarmas Tbk's highest Cyclically Adjusted PS Ratio was 7.79. The lowest was 2.91. And the median was 4.50.

ISX:BSIM's Cyclically Adjusted PS Ratio is ranked worse than
83.8% of 1185 companies
in the Banks industry
Industry Median: 2.37 vs ISX:BSIM: 4.50

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 Sinarmas Tbk's adjusted revenue per share data for the three months ended in Mar. 2024 was Rp44.009. 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 Rp191.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Bank Sinarmas Tbk Cyclically Adjusted PS Ratio Historical Data

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

PT Bank Sinarmas 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 - 3.35 5.29 4.75 4.73

PT Bank Sinarmas 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 4.94 4.88 4.83 4.73 4.97

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

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

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

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=840.00/191.16
=4.39

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

For example, PT Bank Sinarmas 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)
=44.009/130.6070*130.6070
=44.009

Current CPI (Mar. 2024) = 130.6070.

PT Bank Sinarmas Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 23.051 93.015 32.367
201409 22.428 94.576 30.972
201412 27.202 98.819 35.952
201503 26.170 98.388 34.740
201506 28.216 99.766 36.938
201509 34.631 101.037 44.766
201512 36.949 102.133 47.250
201603 38.856 102.764 49.384
201606 43.087 103.212 54.523
201609 41.077 104.142 51.515
201612 30.364 105.222 37.689
201703 30.343 106.476 37.220
201706 27.157 107.722 32.927
201709 30.813 108.020 37.256
201712 36.778 109.017 44.062
201803 32.931 110.097 39.066
201806 33.928 111.085 39.891
201809 37.513 111.135 44.086
201812 38.026 112.430 44.174
201903 36.767 112.829 42.560
201906 52.469 114.730 59.730
201909 37.286 114.905 42.381
201912 83.932 115.486 94.922
202003 66.651 116.252 74.881
202006 48.471 116.630 54.280
202009 43.470 116.397 48.777
202012 54.524 117.318 60.700
202103 42.036 117.840 46.590
202106 35.553 118.184 39.290
202109 530.051 118.262 585.383
202112 -376.738 119.516 -411.699
202203 39.714 120.948 42.886
202206 42.609 123.322 45.126
202209 40.024 125.298 41.720
202212 43.755 126.098 45.320
202303 40.130 126.953 41.285
202306 41.913 127.663 42.880
202309 41.366 128.151 42.159
202312 53.132 129.395 53.630
202403 44.009 130.607 44.009

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 Sinarmas Tbk  (ISX:BSIM) 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 Sinarmas Tbk Cyclically Adjusted PS Ratio Related Terms

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


PT Bank Sinarmas Tbk (ISX:BSIM) Business Description

Traded in Other Exchanges
N/A
Address
Jalan MH. Thamrin No. 51, Sinar Mas Land Plaza Tower I, 1st and 2nd Floor, Jakarta, IDN, 10350
PT Bank Sinarmas Tbk provides financial services. The company is involved in credit activities, fund collection, banking service and e-banking products, bancassurance and investment products sales, credit card business, international business activities and treasury, and sharia business unit. It collects funds from the public to be distributed in the form of loans to both individuals and corporations. The company's operating segment includes Commercial Bank and Sharia Business Unit. It generates maximum revenue from the Commercial Bank segment which includes Marketing and Credit; Treasury and Trade Finance.

PT Bank Sinarmas Tbk (ISX:BSIM) Headlines

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