PT Wijaya Karya Bangunan Gedung Tbk (ISX:WEGE) Cyclically Adjusted PB Ratio: 0.19 (As of Sep. 08, 2026) — Near Median

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ISX:WEGE PT Wijaya Karya Bangunan Gedung Tbk ISX:WEGE
58 GF Score
Price Rp53.00
GF Value Rp24.27
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is PT Wijaya Karya Bangunan Gedung Tbk Cyclically Adjusted PB Ratio?

PT Wijaya Karya Bangunan Gedung Tbk ISX:WEGE 58 Cyclically Adjusted PB Ratio is 0.19 as of Sep. 08, 2026, which is 5% below its 10-year median of 0.20. GuruFocus rates ISX:WEGE with a GF Score™ of 58/100 and a GF Value™ of Rp24.27 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,240 Construction companies, PT Wijaya Karya Bangunan Gedung Tbk ranks better than 93.47% on this metric.

As of today (2026-09-08), PT Wijaya Karya Bangunan Gedung Tbk's current share price is Rp53.00. PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Rp272.38. PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted PB Ratio for today is 0.19.

The historical rank and industry rank for PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ISX:WEGE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.2   Max: 0.25
Current: 0.2

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

ISX:WEGE's Cyclically Adjusted PB Ratio is ranked better than
93.47% of 1240 companies
in the Construction industry
Industry Median: 1.16 vs ISX:WEGE: 0.20

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 adjusted book value per share data for the three months ended in Jun. 2026 was Rp196.327. 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 Rp272.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Wijaya Karya Bangunan Gedung Tbk  (ISX:WEGE) 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 Wijaya Karya Bangunan Gedung Tbk Cyclically Adjusted PB Ratio Related Terms


PT Wijaya Karya Bangunan Gedung Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Wijaya Karya Bangunan Gedung 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 Wijaya Karya Bangunan Gedung Tbk Cyclically Adjusted PB Ratio Chart

PT Wijaya Karya Bangunan Gedung 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 0.00 0.00 0.00 0.00 0.24

PT Wijaya Karya Bangunan Gedung Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.24 0.21 0.18

ISX:WEGE vs PWR, FIX, EME: Cyclically Adjusted PB Ratio 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
58GF Score
PT Wijaya Karya Bangunan Gedung Tbk ISX:WEGE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.00/272.38
=0.19

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=196.327/137.6954*137.6954
=196.327

Current CPI (Jun. 2026) = 137.6954.

PT Wijaya Karya Bangunan Gedung Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 471.241 103.212 628.682
201612 67.410 105.222 88.214
201703 0.000 106.476 0.000
201706 0.000 107.722 0.000
201709 0.000 108.020 0.000
201712 177.431 109.017 224.107
201803 185.387 110.097 231.860
201806 190.458 111.085 236.083
201809 201.707 111.135 249.915
201812 220.549 112.430 270.111
201903 228.649 112.829 279.042
201906 225.597 114.730 270.754
201909 238.239 114.905 285.493
201912 253.757 115.486 302.558
202003 230.275 116.252 272.750
202006 220.099 116.630 259.853
202009 223.660 116.397 264.586
202012 225.860 117.318 265.090
202103 231.409 117.840 270.401
202106 234.180 118.184 272.842
202109 238.516 118.262 277.711
202112 245.102 119.516 282.384
202203 248.325 120.948 282.710
202206 247.513 123.322 276.360
202209 245.577 125.298 269.874
202212 265.135 126.098 289.521
202303 266.196 126.953 288.722
202306 264.550 127.663 285.340
202309 264.934 128.151 284.665
202312 267.114 129.395 284.249
202403 267.579 130.607 282.101
202406 268.758 130.792 282.944
202409 270.127 130.361 285.325
202412 272.040 131.432 285.005
202503 272.076 131.948 283.926
202506 271.871 133.241 280.961
202509 266.557 133.819 274.278
202512 205.718 135.271 209.405
202603 202.033 136.539 203.745
202606 196.327 137.695 196.327

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 0.19 mean?
PT Wijaya Karya Bangunan Gedung Tbk (ISX:WEGE) has a Cyclically Adjusted PB Ratio of 0.19 as of Sep. 08, 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 Wijaya Karya Bangunan Gedung Tbk and its competitors. This is near median its historical median of 0.20. Over the past decade, PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.25. According to the industry distribution chart, PT Wijaya Karya Bangunan Gedung Tbk ranks #81 out of 1240 companies in the Construction industry, placing it in the top 6.5%.
Is PT Wijaya Karya Bangunan Gedung Tbk's Cyclically Adjusted PB Ratio too high?
PT Wijaya Karya Bangunan Gedung Tbk's current Cyclically Adjusted PB Ratio of 0.19 is near median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.25. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. PT Wijaya Karya Bangunan Gedung Tbk's value of 0.19 is 83.6% below this industry median. Based on the distribution chart, PT Wijaya Karya Bangunan Gedung Tbk ranks #81 out of 1240 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, PT Wijaya Karya Bangunan Gedung Tbk has a GF Score™ of 58/100 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 PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, PT Wijaya Karya Bangunan Gedung Tbk ranks #81 out of 1240 companies for Cyclically Adjusted PB Ratio. This places PT Wijaya Karya Bangunan Gedung Tbk in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.16. PT Wijaya Karya Bangunan Gedung Tbk's value of 0.19 is 83.6% below this benchmark. Historically, PT Wijaya Karya Bangunan Gedung Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.25 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 1.16, PT Wijaya Karya Bangunan Gedung Tbk has consistently been below 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,240 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 Wijaya Karya Bangunan Gedung Tbk's current Cyclically Adjusted PB Ratio of 0.19 is 83.6% below 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 Wijaya Karya Bangunan Gedung Tbk and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Wijaya Karya Bangunan Gedung Tbk's current Cyclically Adjusted PB Ratio is 0.19, which is near median its own 10-year median of 0.20. 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 Rp24.27, compared to a current price of Rp53.00 — trading 118.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.19, which is near median its 10-year median of 0.20 and 83.6% below the Construction industry median of 1.16. PT Wijaya Karya Bangunan Gedung Tbk's overall GF Score™ is 58/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For PT Wijaya Karya Bangunan Gedung Tbk (ISX:WEGE), the current Cyclically Adjusted PB Ratio is 0.19 as of Sep. 08, 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 Rp53.00 is trading 118.4% above its estimated GF Value™ of Rp24.27. GuruFocus considers PT Wijaya Karya Bangunan Gedung Tbk to be Significantly Overvalued.

Key valuation signals for ISX:WEGE:

  • Cyclically Adjusted PB Ratio: 0.19 (near median its 10-year median of 0.20)
  • GF Value™: Rp24.27 vs. price of Rp53.00 (118.4% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 83.6% below the Construction median (#81 of 1240)

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.
58GF Score

Get the complete analysis for ISX:WEGE

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

Rp53.00
Price
Rp24.27
GF Value