PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Cyclically Adjusted Book per Share: Rp1,125.69 (As of Mar. 2026)

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ISX:WIKA PT Wijaya Karya (Persero) Tbk ISX:WIKA
10 GF Score
Price Rp204.00
GF Value Rp139.21
! 6 Warning Signs
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What is PT Wijaya Karya (Persero) Tbk Cyclically Adjusted Book per Share?

PT Wijaya Karya (Persero) Tbk ISX:WIKA 10 Cyclically Adjusted Book per Share is Rp1,125.69 as of Mar. 2026. GuruFocus rates ISX:WIKA with a GF Score™ of 10/100 and a GF Value™ of Rp139.21. The stock has 6 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 (Persero) Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp-50.706. 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 Rp1,125.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Wijaya Karya (Persero) Tbk's average Cyclically Adjusted Book Growth Rate was -2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PT Wijaya Karya (Persero) Tbk was 9.50% per year. The lowest was 0.70% per year. And the median was 5.30% per year.

As of today (2026-08-06), PT Wijaya Karya (Persero) Tbk's current stock price is Rp204.00. PT Wijaya Karya (Persero) Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp1,125.69. PT Wijaya Karya (Persero) Tbk's Cyclically Adjusted PB Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Wijaya Karya (Persero) Tbk was 2.24. The lowest was 0.07. And the median was 0.37.


PT Wijaya Karya (Persero) Tbk  (ISX:WIKA) 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 (Persero) Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=204.00/1125.69
=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 13 years, the highest Cyclically Adjusted PB Ratio of PT Wijaya Karya (Persero) Tbk was 2.24. The lowest was 0.07. And the median was 0.37.


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 (Persero) Tbk Cyclically Adjusted Book per Share Related Terms


PT Wijaya Karya (Persero) Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT Wijaya Karya (Persero) 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 (Persero) Tbk Cyclically Adjusted Book per Share Chart

PT Wijaya Karya (Persero) 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 993.89 1,112.60 1,176.64 1,159.71 1,135.24

PT Wijaya Karya (Persero) 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 1,152.32 1,151.10 1,141.95 1,135.24 1,125.69

ISX:WIKA vs PWR, EME, J: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, PT Wijaya Karya (Persero) 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 (Persero) Tbk Cyclically Adjusted PB Ratio vs Construction Industry

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

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


ISX:WIKA
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PT Wijaya Karya (Persero) Tbk ISX:WIKA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Wijaya Karya (Persero) 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 (Persero) 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)
=-50.706/136.5387*136.5387
=-50.706

Current CPI (Mar. 2026) = 136.5387.

PT Wijaya Karya (Persero) Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 577.591 103.212 764.090
201609 592.227 104.142 776.455
201612 1,084.792 105.222 1,407.655
201703 1,099.208 106.476 1,409.562
201706 1,145.657 107.722 1,452.138
201709 1,117.348 108.020 1,412.337
201712 1,197.458 109.017 1,499.762
201803 1,213.686 110.097 1,505.181
201806 1,223.701 111.085 1,504.100
201809 1,256.522 111.135 1,543.750
201812 1,403.149 112.430 1,704.032
201903 1,430.247 112.829 1,730.804
201906 1,454.790 114.730 1,731.324
201909 1,498.541 114.905 1,780.684
201912 1,563.146 115.486 1,848.104
202003 1,354.947 116.252 1,591.390
202006 1,302.987 116.630 1,525.409
202009 1,281.146 116.397 1,502.845
202012 1,295.760 117.318 1,508.049
202103 1,303.164 117.840 1,509.951
202106 1,304.379 118.184 1,506.958
202109 1,285.613 118.262 1,484.301
202112 1,235.979 119.516 1,412.019
202203 1,236.139 120.948 1,395.480
202206 1,234.751 123.322 1,367.078
202209 1,233.365 125.298 1,344.008
202212 1,228.091 126.098 1,329.778
202303 1,178.711 126.953 1,267.716
202306 1,049.883 127.663 1,122.876
202309 669.685 128.151 713.515
202312 544.699 129.395 574.772
202403 437.391 130.607 457.256
202406 304.761 130.792 318.152
202409 313.275 130.361 328.121
202412 222.429 131.432 231.072
202503 202.862 131.948 209.919
202506 180.713 133.241 185.186
202509 141.877 133.819 144.760
202512 -22.189 135.271 -22.397
202603 -50.706 136.539 -50.706

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 Rp1,125.69 mean?
PT Wijaya Karya (Persero) Tbk (ISX:WIKA) has a Cyclically Adjusted Book per Share of Rp1,125.69 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 (Persero) Tbk and its competitors.
Is PT Wijaya Karya (Persero) Tbk's Cyclically Adjusted Book per Share too high?
PT Wijaya Karya (Persero) Tbk's current Cyclically Adjusted Book per Share is Rp1,125.69. Overall, PT Wijaya Karya (Persero) Tbk has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does PT Wijaya Karya (Persero) Tbk's Cyclically Adjusted Book per Share compare to PWR and EME?
PT Wijaya Karya (Persero) Tbk's Cyclically Adjusted Book per Share of Rp1,125.69 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 (Persero) Tbk and its competitors. PT Wijaya Karya (Persero) Tbk's current Cyclically Adjusted Book per Share is Rp1,125.69. 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 (Persero) Tbk stock overvalued right now?
PT Wijaya Karya (Persero) Tbk (ISX:WIKA) has a current Cyclically Adjusted Book per Share of Rp1,125.69. The stock's GF Value™ is Rp139.21, compared to a current price of Rp204.00 — trading 46.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is Rp1,125.69. PT Wijaya Karya (Persero) Tbk's overall GF Score™ is 10/100 with 6 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 (Persero) Tbk (ISX:WIKA), the current Cyclically Adjusted Book per Share is Rp1,125.69 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 (Persero) Tbk (ISX:WIKA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Wijaya Karya (Persero) Tbk stock appears to be overvalued. The current stock price of Rp204.00 is trading 46.5% above its estimated GF Value™ of Rp139.21.

Key valuation signals for ISX:WIKA:

  • Cyclically Adjusted Book per Share: Rp1,125.69
  • GF Value™: Rp139.21 vs. price of Rp204.00 (46.5% above fair value)
  • GF Score™: 10/100 with 6 warning signs

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


PT Wijaya Karya (Persero) Tbk Business Description

Address Jalan D.I. Panjaitan Kav. 9-10, WIKA Tower 1 & 2, Jakarta, IDN, 13340
PT Wijaya Karya (Persero) Tbk is an engineering and construction firm focusing on construction, large infrastructure projects, energy plants, real estate, and other developments. It constructs transportation networks for public systems and builds residential and commercial buildings for various end markets. The firm has five business segments: infrastructure and buildings, energy and industrial plants, Investment, realty and property, and industry. The company generates the majority of its revenue from Infrastructure and Building, which consists of a general civil construction services business that includes the construction of commercial facilities and infrastructure such as roads, bridges, seaports, airports, jetties, and residential construction.
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Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp204.00
Price
Rp139.21
GF Value