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PT Krakatau Steel (Persero) Tbk (ISX:KRAS) Cyclically Adjusted PS Ratio : 0.09 (As of Jun. 02, 2024)


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What is PT Krakatau Steel (Persero) Tbk Cyclically Adjusted PS Ratio?

As of today (2024-06-02), PT Krakatau Steel (Persero) Tbk's current share price is Rp117.00. PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was Rp1,358.25. PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted PS Ratio for today is 0.09.

The historical rank and industry rank for PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:

ISX:KRAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.25   Max: 0.56
Current: 0.09

During the past years, PT Krakatau Steel (Persero) Tbk's highest Cyclically Adjusted PS Ratio was 0.56. The lowest was 0.09. And the median was 0.25.

ISX:KRAS's Cyclically Adjusted PS Ratio is ranked better than
94.81% of 520 companies
in the Steel industry
Industry Median: 0.48 vs ISX:KRAS: 0.09

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 Krakatau Steel (Persero) Tbk's adjusted revenue per share data for the three months ended in Sep. 2023 was Rp137.803. 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 Rp1,358.25 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Krakatau Steel (Persero) Tbk Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk Cyclically Adjusted PS Ratio Chart

PT Krakatau Steel (Persero) Tbk Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.22 0.31 0.29 0.23

PT Krakatau Steel (Persero) Tbk Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.28 0.23 0.21 0.15 0.14

Competitive Comparison of PT Krakatau Steel (Persero) Tbk's Cyclically Adjusted PS Ratio

For the Steel subindustry, PT Krakatau Steel (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 Krakatau Steel (Persero) Tbk's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=117.00/1358.25
=0.09

* 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 Krakatau Steel (Persero) Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, PT Krakatau Steel (Persero) Tbk's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=137.803/128.1514*128.1514
=137.803

Current CPI (Sep. 2023) = 128.1514.

PT Krakatau Steel (Persero) Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 375.105 91.196 527.108
201403 310.479 92.483 430.221
201406 326.376 93.015 449.665
201409 330.464 94.576 447.782
201412 378.880 98.819 491.341
201503 276.061 98.388 359.574
201506 259.863 99.766 333.799
201509 277.726 101.037 352.258
201512 209.294 102.133 262.612
201603 247.629 102.764 308.805
201606 239.269 103.212 297.083
201609 234.311 104.142 288.329
201612 331.856 105.222 404.173
201703 241.089 106.476 290.168
201706 195.409 107.722 232.469
201709 283.095 108.020 335.853
201712 286.492 109.017 336.777
201803 345.687 110.097 402.377
201806 274.060 111.085 316.166
201809 325.509 111.135 375.351
201812 348.620 112.430 397.369
201903 308.480 112.829 350.374
201906 206.905 114.730 231.109
201909 257.175 114.905 286.823
201912 264.008 115.486 292.962
202003 263.264 116.252 290.211
202006 178.633 116.630 196.280
202009 297.619 116.397 327.675
202012 301.592 117.318 329.441
202103 285.822 117.840 310.833
202106 427.896 118.184 463.984
202109 410.327 118.262 444.641
202112 373.658 119.516 400.656
202203 392.924 120.948 416.325
202206 372.057 123.322 386.626
202209 325.143 125.298 332.546
202212 210.209 126.098 213.633
202303 398.172 126.953 401.932
202306 128.844 127.663 129.337
202309 137.803 128.151 137.803

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 Krakatau Steel (Persero) Tbk  (ISX:KRAS) 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 Krakatau Steel (Persero) Tbk Cyclically Adjusted PS Ratio Related Terms

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


PT Krakatau Steel (Persero) Tbk (ISX:KRAS) Business Description

Traded in Other Exchanges
Address
Jalan Industri No. 5, P.O. Box 14, Banten, Cilegon, IDN, 42435
PT Krakatau Steel (Persero) Tbk is a steel producer in Indonesia. The company's products include Hot Rolled Coil, Cold Rolled Coil, and Wire Rod. Along with its subsidiaries, the company produces steel products with specific requirements, including Spiral Pipe, Electrical Resistance Welding Pipe, Reinforcing Bars, and Section Steel, particularly for national defense infrastructure in Indonesia. Apart from steel products, it also offers some other services and side products. It operates in five segments: Steel Products; Infrastructure facilities segment; Engineering and Construction; and Other Services. It derives the majority of revenue from the Steel Products segment.

PT Krakatau Steel (Persero) Tbk (ISX:KRAS) Headlines

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