PT Jaya Real Property Tbk (ISX:JRPT) Cyclically Adjusted PB Ratio: 1.69 (As of Aug. 06, 2026) — 33% Above Median

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ISX:JRPT PT Jaya Real Property Tbk ISX:JRPT
76 GF Score
Price Rp1,080.00
GF Value Rp924.85
Valuation Modestly Overvalued
! 4 Warning Signs
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What is PT Jaya Real Property Tbk Cyclically Adjusted PB Ratio?

PT Jaya Real Property Tbk ISX:JRPT 76 Cyclically Adjusted PB Ratio is 1.69 as of Aug. 06, 2026, which is 33% above its 10-year median of 1.27. GuruFocus rates ISX:JRPT with a GF Score™ of 76/100 and a GF Value™ of Rp924.85 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,413 Real Estate companies, PT Jaya Real Property Tbk ranks worse than 81.25% on this metric.

As of today (2026-08-06), PT Jaya Real Property Tbk's current share price is Rp1080.00. PT Jaya Real Property Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp640.87. PT Jaya Real Property Tbk's Cyclically Adjusted PB Ratio for today is 1.69.

The historical rank and industry rank for PT Jaya Real Property Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:JRPT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.27   Max: 2.64
Current: 1.68

During the past years, PT Jaya Real Property Tbk's highest Cyclically Adjusted PB Ratio was 2.64. The lowest was 1.02. And the median was 1.27.

ISX:JRPT's Cyclically Adjusted PB Ratio is ranked worse than
81.25% of 1413 companies
in the Real Estate industry
Industry Median: 0.69 vs ISX:JRPT: 1.68

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 Jaya Real Property Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp855.623. 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 Rp640.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Jaya Real Property Tbk  (ISX:JRPT) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PT Jaya Real Property Tbk Cyclically Adjusted PB Ratio Related Terms


PT Jaya Real Property Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Jaya Real Property Tbk's Cyclically Adjusted PB Ratio 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 Jaya Real Property Tbk Cyclically Adjusted PB Ratio Chart

PT Jaya Real Property Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.09 1.37 1.31 1.73

PT Jaya Real Property 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 PB Ratio 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 1.27 1.20 1.41 1.73 1.73

PT Jaya Real Property Tbk Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, PT Jaya Real Property 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 Jaya Real Property Tbk Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Jaya Real Property Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Jaya Real Property Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:JRPT
76GF Score
PT Jaya Real Property Tbk ISX:JRPT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Jaya Real Property Tbk Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PT Jaya Real Property Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1080.00/640.87
=1.69

* 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 Jaya Real Property Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Jaya Real Property 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)
=855.623/136.5387*136.5387
=855.623

Current CPI (Mar. 2026) = 136.5387.

PT Jaya Real Property Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 306.976 103.212 406.096
201609 328.881 104.142 431.188
201612 348.874 105.222 452.708
201703 367.871 106.476 471.737
201706 386.804 107.722 490.280
201709 388.165 108.020 490.644
201712 416.421 109.017 521.548
201803 433.795 110.097 537.981
201806 422.596 111.085 519.430
201809 440.391 111.135 541.060
201812 465.905 112.430 565.811
201903 482.177 112.829 583.503
201906 476.402 114.730 566.959
201909 495.785 114.905 589.131
201912 515.719 115.486 609.733
202003 524.846 116.252 616.433
202006 514.587 116.630 602.428
202009 536.849 116.397 629.749
202012 553.136 117.318 643.758
202103 566.842 117.840 656.789
202106 558.226 118.184 644.922
202109 580.054 118.262 669.700
202112 589.617 119.516 673.596
202203 603.383 120.948 681.160
202206 598.778 123.322 662.948
202209 618.788 125.298 674.298
202212 638.114 126.098 690.950
202303 650.247 126.953 699.347
202306 650.808 127.663 696.056
202309 672.964 128.151 717.008
202312 695.846 129.395 734.264
202403 713.197 130.607 745.588
202406 711.171 130.792 742.420
202409 732.687 130.361 767.409
202412 759.624 131.432 789.142
202503 778.530 131.948 805.614
202506 778.072 133.241 797.332
202509 802.850 133.819 819.167
202512 833.619 135.271 841.431
202603 855.623 136.539 855.623

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

What does a Cyclically Adjusted PB Ratio of 1.69 mean?
PT Jaya Real Property Tbk (ISX:JRPT) has a Cyclically Adjusted PB Ratio of 1.69 as of Aug. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on PT Jaya Real Property Tbk and its competitors. This is 33% above median its historical median of 1.27. Over the past decade, PT Jaya Real Property Tbk's Cyclically Adjusted PB Ratio has ranged from 1.02 to 2.64. According to the industry distribution chart, PT Jaya Real Property Tbk ranks #1148 out of 1413 companies in the Real Estate industry, placing it in the top 81.2%.
Is PT Jaya Real Property Tbk's Cyclically Adjusted PB Ratio too high?
PT Jaya Real Property Tbk's current Cyclically Adjusted PB Ratio of 1.69 is 33% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 2.64. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. PT Jaya Real Property Tbk's value of 1.69 is 144.9% above this industry median. Based on the distribution chart, PT Jaya Real Property Tbk ranks #1148 out of 1413 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PT Jaya Real Property Tbk has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Jaya Real Property Tbk's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, PT Jaya Real Property Tbk ranks #1148 out of 1413 companies for Cyclically Adjusted PB Ratio. This places PT Jaya Real Property Tbk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. PT Jaya Real Property Tbk's value of 1.69 is 144.9% above this benchmark. Historically, PT Jaya Real Property Tbk's own Cyclically Adjusted PB Ratio has ranged from 1.02 to 2.64 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 0.69, PT Jaya Real Property Tbk has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,413 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Jaya Real Property Tbk's current Cyclically Adjusted PB Ratio of 1.69 is 144.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on PT Jaya Real Property Tbk and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jaya Real Property Tbk's current Cyclically Adjusted PB Ratio is 1.69, which is 33% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jaya Real Property Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jaya Real Property Tbk (ISX:JRPT) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp924.85, compared to a current price of Rp1,080.00 — trading 16.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.69, which is 33% above median its 10-year median of 1.27 and 144.9% above the Real Estate industry median of 0.69. PT Jaya Real Property Tbk's overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For PT Jaya Real Property Tbk (ISX:JRPT), the current Cyclically Adjusted PB Ratio is 1.69 as of Aug. 06, 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 Jaya Real Property Tbk (ISX:JRPT) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jaya Real Property Tbk stock appears to be overvalued. The current stock price of Rp1,080.00 is trading 16.8% above its estimated GF Value™ of Rp924.85. GuruFocus considers PT Jaya Real Property Tbk to be Modestly Overvalued.

Key valuation signals for ISX:JRPT:

  • Cyclically Adjusted PB Ratio: 1.69 (33% above median its 10-year median of 1.27)
  • GF Value™: Rp924.85 vs. price of Rp1,080.00 (16.8% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 144.9% above the Real Estate median (#1148 of 1413)

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


PT Jaya Real Property Tbk Business Description

Address Boulevard Bintaro Jaya, CBD Emerald Blok CE/A No. 01, Tangerang, IDN, 15227
PT Jaya Real Property Tbk is a property development company engaged in the development of housing and industrial estate, the development of infrastructure and public facilities, and the provision of supporting services. The company is developing housing and managing property business in the area of Jakarta Selatan and Tangerang which includes land clearance, real estate developments. Its portfolio of properties includes Plaza Bintaro Jaya, Plaza Slipi Jaya, Bintaro Jaya Xchange Mall, BX Rink, BTC and Pasar Modern, and Senen Jaya Wholesale Center, among others. The company operates in two segments, sales of land and buildings and Rental, Building and Building Maintenance Service, and Entertainment. The majority of the revenue is earned from the sales of land and buildings.
76GF Score

Get the complete analysis for ISX:JRPT

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

Rp1,080.00
Price
Rp924.85
GF Value