PT Wijaya Karya Bangunan Gedung Tbk (ISX:WEGE) Cyclically Adjusted Book per Share: Rp281.34 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:WEGE PT Wijaya Karya Bangunan Gedung Tbk ISX:WEGE
67 GF Score
Price Rp50.00
GF Value Rp27.61
Valuation Significantly Overvalued
! 5 Warning Signs
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What is PT Wijaya Karya Bangunan Gedung Tbk Cyclically Adjusted Book per Share?

PT Wijaya Karya Bangunan Gedung Tbk ISX:WEGE 67 Cyclically Adjusted Book per Share is Rp281.34 as of Mar. 2026. GuruFocus rates ISX:WEGE with a GF Score™ of 67/100 and a GF Value™ of Rp27.61 (Significantly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

PT Wijaya Karya Bangunan Gedung Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp202.033. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is Rp281.34 for the trailing ten years ended in Mar. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-07-24), PT Wijaya Karya Bangunan Gedung Tbk's current stock price is Rp50.00. PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp281.34. PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted PB Ratio of today is 0.18.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of PT Wijaya Karya Bangunan Gedung Tbk was 0.25. The lowest was 0.18. And the median was 0.20.


PT Wijaya Karya Bangunan Gedung Tbk  (ISX:WEGE) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.00/281.34
=0.18

* 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.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of PT Wijaya Karya Bangunan Gedung Tbk was 0.25. The lowest was 0.18. And the median was 0.20.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


PT Wijaya Karya Bangunan Gedung Tbk Cyclically Adjusted Book per Share Related Terms


PT Wijaya Karya Bangunan Gedung Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted Book per Share 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.

PT Wijaya Karya Bangunan Gedung Tbk Cyclically Adjusted Book per Share Chart

PT Wijaya Karya Bangunan Gedung Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 288.35

PT Wijaya Karya Bangunan Gedung Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 0.00 0.00 0.00 288.35 281.34

ISX:WEGE vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Wijaya Karya Bangunan Gedung Tbk Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:WEGE
67GF Score
PT Wijaya Karya Bangunan Gedung Tbk ISX:WEGE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Wijaya Karya Bangunan Gedung Tbk Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, PT Wijaya Karya Bangunan Gedung Tbk's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=202.033/136.5387*136.5387
=202.033

Current CPI (Mar. 2026) = 136.5387.

PT Wijaya Karya Bangunan Gedung Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201512 457.079 102.133 611.057
201606 471.241 103.212 623.401
201612 67.410 105.222 87.473
201703 0.000 106.476 0.000
201706 0.000 107.722 0.000
201709 0.000 108.020 0.000
201712 177.431 109.017 222.224
201803 185.387 110.097 229.912
201806 190.458 111.085 234.100
201809 201.707 111.135 247.815
201812 220.549 112.430 267.842
201903 228.649 112.829 276.698
201906 225.597 114.730 268.480
201909 238.239 114.905 283.094
201912 253.757 115.486 300.016
202003 230.275 116.252 270.459
202006 220.099 116.630 257.670
202009 223.660 116.397 262.364
202012 225.860 117.318 262.863
202103 231.409 117.840 268.129
202106 234.180 118.184 270.550
202109 238.516 118.262 275.378
202112 245.102 119.516 280.012
202203 248.325 120.948 280.335
202206 247.513 123.322 274.039
202209 245.577 125.298 267.607
202212 265.135 126.098 287.088
202303 266.196 126.953 286.296
202306 264.550 127.663 282.943
202309 264.934 128.151 282.273
202312 267.114 129.395 281.862
202403 267.579 130.607 279.731
202406 268.758 130.792 280.567
202409 270.127 130.361 282.928
202412 272.040 131.432 282.611
202503 272.076 131.948 281.541
202506 271.871 133.241 278.601
202509 266.557 133.819 271.974
202512 205.718 135.271 207.646
202603 202.033 136.539 202.033

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of Rp281.34 mean?
PT Wijaya Karya Bangunan Gedung Tbk (ISX:WEGE) has a Cyclically Adjusted Book per Share of Rp281.34 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PT Wijaya Karya Bangunan Gedung Tbk and its competitors.
Is PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted Book per Share too high?
PT Wijaya Karya Bangunan Gedung Tbk's current Cyclically Adjusted Book per Share is Rp281.34. Overall, PT Wijaya Karya Bangunan Gedung Tbk has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted Book per Share compare to PWR and FIX?
PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted Book per Share of Rp281.34 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction industry context. However, Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PT Wijaya Karya Bangunan Gedung Tbk and its competitors. PT Wijaya Karya Bangunan Gedung Tbk's current Cyclically Adjusted Book per Share is Rp281.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Wijaya Karya Bangunan Gedung Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Wijaya Karya Bangunan Gedung Tbk (ISX:WEGE) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp27.61, compared to a current price of Rp50.00 — trading 81.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp281.34. PT Wijaya Karya Bangunan Gedung Tbk's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For PT Wijaya Karya Bangunan Gedung Tbk (ISX:WEGE), the current Cyclically Adjusted Book per Share is Rp281.34 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 Wijaya Karya Bangunan Gedung Tbk (ISX:WEGE) Overvalued in 2026?

Based on GuruFocus' analysis, PT Wijaya Karya Bangunan Gedung Tbk stock appears to be overvalued. The current stock price of Rp50.00 is trading 81.1% above its estimated GF Value™ of Rp27.61. GuruFocus considers PT Wijaya Karya Bangunan Gedung Tbk to be Significantly Overvalued.

Key valuation signals for ISX:WEGE:

  • Cyclically Adjusted Book per Share: Rp281.34
  • GF Value™: Rp27.61 vs. price of Rp50.00 (81.1% above fair value)
  • GF Score™: 67/100 with 5 warning signs

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


PT Wijaya Karya Bangunan Gedung Tbk Business Description

Address Jalan D.I. Panjaitan Kav. 9 RT. 003 RW. 011, WIKA Tower 1, Lantai 7-10, Kelurahan Cipinang Cempedak, Kecamatan Jatinegara, Jakarta Timur, East Jakarta, IDN, 13340
PT Wijaya Karya Bangunan Gedung Tbk are in construction services, real estate (developer) and precast. The operating segment of the company includes Construction service that offers construction services covers the Company's core activities in building construction, including design and build services;Property covers the sale and/or management of property assets previously owned by the Company; Concession is part of the Company's effort to expand into forward integration, focusing on managing land assets owned by the government; and Modular. The company generates maximum revenue from the Construction service segment. The company generates revenue from Indonesia.
67GF Score

Get the complete analysis for ISX:WEGE

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp50.00
Price
Rp27.61
GF Value