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PT Perusahaan Gas Negara Tbk (ISX:PGAS) Cyclically Adjusted PS Ratio : 0.69 (As of May. 28, 2024)


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What is PT Perusahaan Gas Negara Tbk Cyclically Adjusted PS Ratio?

As of today (2024-05-28), PT Perusahaan Gas Negara Tbk's current share price is Rp1580.00. PT Perusahaan Gas Negara Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Rp2,288.01. PT Perusahaan Gas Negara Tbk's Cyclically Adjusted PS Ratio for today is 0.69.

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

ISX:PGAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.77   Max: 1.7
Current: 0.69

During the past years, PT Perusahaan Gas Negara Tbk's highest Cyclically Adjusted PS Ratio was 1.70. The lowest was 0.39. And the median was 0.77.

ISX:PGAS's Cyclically Adjusted PS Ratio is ranked better than
69.89% of 445 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs ISX:PGAS: 0.69

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 Perusahaan Gas Negara Tbk's adjusted revenue per share data for the three months ended in Mar. 2024 was Rp603.714. 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 Rp2,288.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Perusahaan Gas Negara Tbk Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PT Perusahaan Gas Negara 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 Perusahaan Gas Negara Tbk Cyclically Adjusted PS Ratio Chart

PT Perusahaan Gas Negara 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 1.20 0.88 0.69 0.81 0.50

PT Perusahaan Gas Negara 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 0.63 0.59 0.62 0.50 0.59

Competitive Comparison of PT Perusahaan Gas Negara Tbk's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, PT Perusahaan Gas Negara 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 Perusahaan Gas Negara Tbk's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PT Perusahaan Gas Negara Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Perusahaan Gas Negara Tbk's Cyclically Adjusted PS Ratio falls into.



PT Perusahaan Gas Negara 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 Perusahaan Gas Negara Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1580.00/2288.01
=0.69

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

For example, PT Perusahaan Gas Negara 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)
=603.714/130.6070*130.6070
=603.714

Current CPI (Mar. 2024) = 130.6070.

PT Perusahaan Gas Negara Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 405.653 93.015 569.599
201409 387.551 94.576 535.198
201412 440.456 98.819 582.139
201503 375.885 98.388 498.978
201506 395.735 99.766 518.069
201509 436.786 101.037 564.620
201512 529.588 102.133 677.235
201603 394.527 102.764 501.421
201606 390.823 103.212 494.556
201609 384.091 104.142 481.696
201612 431.890 105.222 536.085
201703 409.957 106.476 502.867
201706 365.365 107.722 442.987
201709 419.359 108.020 507.045
201712 785.833 109.017 941.462
201803 535.424 110.097 635.171
201806 578.796 111.085 680.515
201809 598.514 111.135 703.383
201812 585.871 112.430 680.592
201903 514.869 112.829 595.997
201906 532.679 114.730 606.393
201909 597.832 114.905 679.529
201912 594.575 115.486 672.425
202003 589.966 116.252 662.814
202006 351.249 116.630 393.344
202009 419.639 116.397 470.871
202012 427.349 117.318 475.756
202103 440.712 117.840 488.460
202106 437.368 118.184 483.343
202109 466.074 118.262 514.727
202112 460.202 119.516 502.908
202203 495.387 120.948 534.948
202206 553.250 123.322 585.930
202209 566.938 125.298 590.958
202212 601.578 126.098 623.091
202303 580.165 126.953 596.866
202306 526.594 127.663 538.738
202309 581.143 128.151 592.279
202312 607.721 129.395 613.415
202403 603.714 130.607 603.714

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 Perusahaan Gas Negara Tbk  (ISX:PGAS) 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 Perusahaan Gas Negara Tbk Cyclically Adjusted PS Ratio Related Terms

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


PT Perusahaan Gas Negara Tbk (ISX:PGAS) Business Description

Traded in Other Exchanges
Address
Jalan KH. Zainul Arifin Number 20, Jakarta, IDN, 11140
PT Perusahaan Gas Negara Tbk, or PGN, is an Indonesian natural gas company of which the Republic of Indonesia holds a majority stake. PGN is primarily involved in the transmission and distribution of natural gas. The company's segments include Natural gas trading and transmission, Exploration and production of oil and gas, and Other operation.