PT Steel Pipe Industry of Indonesia Tbk's quarterly construction in progress
increased
from Sep. 2025 (Rp780,955 Mil) to Dec. 2025 (Rp909,770 Mil) and
increased
from Dec. 2025 (Rp909,770 Mil) to Mar. 2026 (Rp1,026,134 Mil).
PT Steel Pipe Industry of Indonesia Tbk's annual construction in progress
declined
from Dec. 2023 (Rp484,751 Mil) to Dec. 2024 (Rp479,874 Mil) but then
increased
from Dec. 2024 (Rp479,874 Mil) to Dec. 2025 (Rp909,770 Mil).
PT Steel Pipe Industry of Indonesia Tbk Construction In Progress Historical Data
* 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 Steel Pipe Industry of Indonesia Tbk Construction In Progress Chart
PT Steel Pipe Industry of Indonesia Tbk Annual Data
PT Steel Pipe Industry of Indonesia Tbk Construction In Progress Calculation
It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.
What does a Construction In Progress of Rp1,026,134 Mil mean?
PT Steel Pipe Industry of Indonesia Tbk (ISX:ISSP) has a Construction In Progress of Rp1,026,134 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on PT Steel Pipe Industry of Indonesia Tbk and its competitors.
Is PT Steel Pipe Industry of Indonesia Tbk's Construction In Progress too high?
PT Steel Pipe Industry of Indonesia Tbk's current Construction In Progress is Rp1,026,134 Mil. Overall, PT Steel Pipe Industry of Indonesia Tbk has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Steel Pipe Industry of Indonesia Tbk's Construction In Progress compare to NUE and STLD?
PT Steel Pipe Industry of Indonesia Tbk's Construction In Progress of Rp1,026,134 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Steel company?
A good Construction In Progress depends on the Steel industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on PT Steel Pipe Industry of Indonesia Tbk and its competitors. PT Steel Pipe Industry of Indonesia Tbk's current Construction In Progress is Rp1,026,134 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Steel Pipe Industry of Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk (ISX:ISSP) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp277.92, compared to a current price of Rp384.00 — trading 38.2% above its estimated fair value. The current Construction In Progress is Rp1,026,134 Mil. PT Steel Pipe Industry of Indonesia Tbk's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For PT Steel Pipe Industry of Indonesia Tbk (ISX:ISSP), the current Construction In Progress is Rp1,026,134 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PT Steel Pipe Industry of Indonesia Tbk (ISX:ISSP) Overvalued in 2026?
Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk stock appears to be overvalued.
The current stock price of Rp384.00 is trading 38.2% above its estimated GF Value™ of Rp277.92.
GuruFocus considers PT Steel Pipe Industry of Indonesia Tbk to be Significantly Overvalued.
Key valuation signals for ISX:ISSP:
Construction In Progress: Rp1,026,134 Mil
GF Value™: Rp277.92 vs. price of Rp384.00 (38.2% above fair value)
No single metric tells the full story. See the ISX:ISSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Steel Pipe Industry of Indonesia Tbk Business Description
PT Steel Pipe Industry of Indonesia Tbk is an Indonesian-based company engaged in manufacturing steel pipes. The company's products include black pipes, water pipes, mechanical pipes, furniture pipes, API pipes, steel poles, spiral pipes, as well as industrial and ornamental stainless steel pipes. The segments of the company are Steel Pipe Mill, Spiral Steel Pipe Mill, Strips and Plate, Services, and others. The company's products are used for furniture, water supply systems, general construction, automotive components, oil and gas, mechanical structures, and chemical industries. Geographically, all operations functioned through the regions of Indonesia.
77GF Score
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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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