PIA (TSE:4337) Construction In Progress: 円2,857 Mil (As of Mar. 2026)


TSE:4337 PIA Corp TSE:4337
55 GF Score
Price 円2,686.00
GF Value 円4,124.51
Valuation Possible Value Trap
! 2 Warning Signs
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What is PIA Construction In Progress?

PIA TSE:4337 -1.00% 55 Construction In Progress is 円2,857 Mil as of Mar. 2026. GuruFocus rates TSE:4337 with a GF Score™ of 55/100 and a GF Value™ of 円4,124.51 (Possible Value Trap). The stock has 2 warning signs investors should review.

PIA's quarterly construction in progress declined from Mar. 2025 (円2,562 Mil) to Sep. 2025 (円0 Mil) but then increased from Sep. 2025 (円0 Mil) to Mar. 2026 (円2,857 Mil).

PIA's annual construction in progress increased from Mar. 2024 (円2,491 Mil) to Mar. 2025 (円2,562 Mil) and increased from Mar. 2025 (円2,562 Mil) to Mar. 2026 (円2,857 Mil).

PIA Construction In Progress Historical Data

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The historical data trend for PIA'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.

PIA Construction In Progress Chart

PIA Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,054.00 2,037.00 2,491.00 2,562.00 2,857.00

PIA Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2,491.00 0.00 2,562.00 0.00 2,857.00
TSE:4337
55GF Score
PIA Corp TSE:4337
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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PIA 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 円2,857 Mil mean?
PIA (TSE:4337) has a Construction In Progress of 円2,857 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on PIA and its competitors.
Is PIA's Construction In Progress too high?
PIA's current Construction In Progress is 円2,857 Mil. Overall, PIA has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PIA's Construction In Progress compare to GOOGL and META?
PIA's Construction In Progress of 円2,857 Mil can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Construction In Progress depends on the Interactive Media 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 PIA and its competitors. PIA's current Construction In Progress is 円2,857 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PIA stock overvalued right now?
Based on GuruFocus' analysis, PIA (TSE:4337) is currently considered Possible Value Trap. The stock's GF Value™ is 円4,124.51, compared to a current price of 円2,686.00 — trading 34.9% below its estimated fair value. The current Construction In Progress is 円2,857 Mil. PIA's overall GF Score™ is 55/100 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 PIA (TSE:4337), the current Construction In Progress is 円2,857 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 PIA (TSE:4337) Overvalued in 2026?

Based on GuruFocus' analysis, PIA stock appears to be undervalued. The current stock price of 円2,686.00 is trading 34.9% below its estimated GF Value™ of 円4,124.51. GuruFocus considers PIA to be Possible Value Trap.

Key valuation signals for TSE:4337:

  • Construction In Progress: 円2,857 Mil
  • GF Value™: 円4,124.51 vs. price of 円2,686.00 (34.9% below fair value)
  • GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the TSE:4337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PIA Business Description

Address 1-2-20 Higashi, Shibuya-ku, Shibuya First Tower, Tokyo, JPN, 150-0011
PIA Corp provides event ticketing services in Japan. The company sells tickets for concerts, sporting contests and other events of entertainment value through telephone operators, mobile phone services and a network of ticket stores.
55GF Score

Get the complete analysis for TSE:4337

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

円2,686.00
Price
円4,124.51
GF Value