Perusahaan Gas Negara (Persero) Tbk PT (ISX:PGAS) Construction In Progress: Rp3,460,749 Mil (As of Mar. 2026)


ISX:PGAS Perusahaan Gas Negara (Persero) Tbk PT ISX:PGAS
95 GF Score
Price Rp1,365.00
GF Value Rp1,798.50
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Perusahaan Gas Negara (Persero) Tbk PT Construction In Progress?

Perusahaan Gas Negara (Persero) Tbk PT ISX:PGAS -4.21% 95 Construction In Progress is Rp3,460,749 Mil as of Mar. 2026. GuruFocus rates ISX:PGAS with a GF Score™ of 95/100 and a GF Value™ of Rp1,798.50 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Perusahaan Gas Negara (Persero) Tbk PT's quarterly construction in progress increased from Sep. 2025 (Rp3,553,255 Mil) to Dec. 2025 (Rp4,068,670 Mil) but then declined from Dec. 2025 (Rp4,068,670 Mil) to Mar. 2026 (Rp3,460,749 Mil).

Perusahaan Gas Negara (Persero) Tbk PT's annual construction in progress declined from Dec. 2023 (Rp4,849,704 Mil) to Dec. 2024 (Rp3,959,404 Mil) but then increased from Dec. 2024 (Rp3,959,404 Mil) to Dec. 2025 (Rp4,068,670 Mil).


Perusahaan Gas Negara (Persero) Tbk PT Construction In Progress Historical Data

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The historical data trend for Perusahaan Gas Negara (Persero) Tbk PT's Construction In Progress 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.

Perusahaan Gas Negara (Persero) Tbk PT Construction In Progress Chart

Perusahaan Gas Negara (Persero) Tbk PT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,301,637.79 3,513,264.94 4,849,703.97 3,959,403.72 4,068,669.63

Perusahaan Gas Negara (Persero) Tbk PT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress 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 4,532,058.00 4,076,535.55 3,553,255.42 4,068,669.63 3,460,749.29
ISX:PGAS
95GF Score
Perusahaan Gas Negara (Persero) Tbk PT ISX:PGAS
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Perusahaan Gas Negara (Persero) Tbk PT 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 Rp3,460,749 Mil mean?
Perusahaan Gas Negara (Persero) Tbk PT (ISX:PGAS) has a Construction In Progress of Rp3,460,749 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Perusahaan Gas Negara (Persero) Tbk PT and its competitors.
Is Perusahaan Gas Negara (Persero) Tbk PT's Construction In Progress too high?
Perusahaan Gas Negara (Persero) Tbk PT's current Construction In Progress is Rp3,460,749 Mil. Overall, Perusahaan Gas Negara (Persero) Tbk PT has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Perusahaan Gas Negara (Persero) Tbk PT's Construction In Progress compare to ATO and NI?
Perusahaan Gas Negara (Persero) Tbk PT's Construction In Progress of Rp3,460,749 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Construction In Progress depends on the Utilities - Regulated 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 Perusahaan Gas Negara (Persero) Tbk PT and its competitors. Perusahaan Gas Negara (Persero) Tbk PT's current Construction In Progress is Rp3,460,749 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perusahaan Gas Negara (Persero) Tbk PT stock overvalued right now?
Based on GuruFocus' analysis, Perusahaan Gas Negara (Persero) Tbk PT (ISX:PGAS) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,798.50, compared to a current price of Rp1,365.00 — trading 24.1% below its estimated fair value. The current Construction In Progress is Rp3,460,749 Mil. Perusahaan Gas Negara (Persero) Tbk PT's overall GF Score™ is 95/100 with 3 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 Perusahaan Gas Negara (Persero) Tbk PT (ISX:PGAS), the current Construction In Progress is Rp3,460,749 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 Perusahaan Gas Negara (Persero) Tbk PT (ISX:PGAS) Overvalued in 2026?

Based on GuruFocus' analysis, Perusahaan Gas Negara (Persero) Tbk PT stock appears to be undervalued. The current stock price of Rp1,365.00 is trading 24.1% below its estimated GF Value™ of Rp1,798.50. GuruFocus considers Perusahaan Gas Negara (Persero) Tbk PT to be Modestly Undervalued.

Key valuation signals for ISX:PGAS:

  • Construction In Progress: Rp3,460,749 Mil
  • GF Value™: Rp1,798.50 vs. price of Rp1,365.00 (24.1% below fair value)
  • GF Score™: 95/100 with 3 warning signs

No single metric tells the full story. See the ISX:PGAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Perusahaan Gas Negara (Persero) Tbk PT Business Description

Address Jalan KH. Zainul Arifin Number 20, Jakarta, IDN, 11140
Perusahaan Gas Negara (Persero) Tbk PT is an Indonesian natural gas company of which the Republic of Indonesia holds a majority stake. PGN is 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.
95GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp1,365.00
Price
Rp1,798.50
GF Value