PT Wijaya Karya Beton Tbk (ISX:WTON) Cyclically Adjusted PB Ratio: 0.18 (As of Aug. 03, 2026) — 28% Below Median

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ISX:WTON PT Wijaya Karya Beton Tbk ISX:WTON
75 GF Score
Price Rp77.00
GF Value Rp72.94
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Wijaya Karya Beton Tbk Cyclically Adjusted PB Ratio?

PT Wijaya Karya Beton Tbk ISX:WTON +1.32% 75 Cyclically Adjusted PB Ratio is 0.18 as of Aug. 03, 2026, which is 28% below its 10-year median of 0.25. GuruFocus rates ISX:WTON with a GF Score™ of 75/100 and a GF Value™ of Rp72.94 (Fairly Valued). The stock has 4 warning signs investors should review. Among 314 Building Materials companies, PT Wijaya Karya Beton Tbk ranks better than 92.68% on this metric.

As of today (2026-08-03), PT Wijaya Karya Beton Tbk's current share price is Rp77.00. PT Wijaya Karya Beton Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp425.08. PT Wijaya Karya Beton Tbk's Cyclically Adjusted PB Ratio for today is 0.18.

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

ISX:WTON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.25   Max: 0.76
Current: 0.18

During the past years, PT Wijaya Karya Beton Tbk's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.14. And the median was 0.25.

ISX:WTON's Cyclically Adjusted PB Ratio is ranked better than
92.68% of 314 companies
in the Building Materials industry
Industry Median: 0.97 vs ISX:WTON: 0.18

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 Beton Tbk's adjusted book value per share data for the three months ended in Mar. 2026 was Rp416.416. 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 Rp425.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Wijaya Karya Beton Tbk  (ISX:WTON) 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 Beton Tbk Cyclically Adjusted PB Ratio Related Terms


PT Wijaya Karya Beton Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

PT Wijaya Karya Beton 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 0.53 0.28 0.19 0.24

PT Wijaya Karya Beton 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 0.19 0.21 0.24 0.24 0.20

ISX:WTON vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, PT Wijaya Karya Beton 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 Beton Tbk Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Wijaya Karya Beton Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ISX:WTON
75GF Score
PT Wijaya Karya Beton Tbk ISX:WTON
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Wijaya Karya Beton 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 Beton Tbk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=77.00/425.08
=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.

PT Wijaya Karya Beton Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Wijaya Karya Beton 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)
=416.416/136.5387*136.5387
=416.416

Current CPI (Mar. 2026) = 136.5387.

PT Wijaya Karya Beton Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 271.348 103.212 358.964
201609 277.951 104.142 364.415
201612 290.551 105.222 377.027
201703 286.779 106.476 367.749
201706 0.000 107.722 0.000
201709 306.745 108.020 387.728
201712 320.927 109.017 401.946
201803 315.709 110.097 391.534
201806 328.049 111.085 403.218
201809 342.354 111.135 420.613
201812 367.518 112.430 446.326
201903 358.508 112.829 433.846
201906 369.591 114.730 439.845
201909 386.388 114.905 459.137
201912 412.280 115.486 487.438
202003 376.441 116.252 442.131
202006 387.978 116.630 454.206
202009 370.107 116.397 434.153
202012 381.473 117.318 443.971
202103 384.134 117.840 445.089
202106 382.892 118.184 442.358
202109 384.909 118.262 444.396
202112 392.450 119.516 448.346
202203 390.341 120.948 440.657
202206 393.328 123.322 435.480
202209 396.610 125.298 432.189
202212 404.855 126.098 438.377
202303 405.560 126.953 436.184
202306 402.665 127.663 430.660
202309 404.470 128.151 430.942
202312 405.156 129.395 427.525
202403 405.851 130.607 424.283
202406 406.420 130.792 424.278
202409 408.058 130.361 427.396
202412 412.209 131.432 428.227
202503 412.392 131.948 426.739
202506 412.708 133.241 422.924
202509 412.966 133.819 421.359
202512 416.244 135.271 420.145
202603 416.416 136.539 416.416

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 0.18 mean?
PT Wijaya Karya Beton Tbk (ISX:WTON) has a Cyclically Adjusted PB Ratio of 0.18 as of Aug. 03, 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 Beton Tbk and its competitors. This is 28% below median its historical median of 0.25. Over the past decade, PT Wijaya Karya Beton Tbk's Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.76. According to the industry distribution chart, PT Wijaya Karya Beton Tbk ranks #23 out of 314 companies in the Building Materials industry, placing it in the top 7.3%.
Is PT Wijaya Karya Beton Tbk's Cyclically Adjusted PB Ratio too high?
PT Wijaya Karya Beton Tbk's current Cyclically Adjusted PB Ratio of 0.18 is 28% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.76. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.97. PT Wijaya Karya Beton Tbk's value of 0.18 is 81.4% below this industry median. Based on the distribution chart, PT Wijaya Karya Beton Tbk ranks #23 out of 314 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, PT Wijaya Karya Beton Tbk has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Wijaya Karya Beton Tbk's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, PT Wijaya Karya Beton Tbk ranks #23 out of 314 companies for Cyclically Adjusted PB Ratio. This places PT Wijaya Karya Beton Tbk in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.97. PT Wijaya Karya Beton Tbk's value of 0.18 is 81.4% below this benchmark. Historically, PT Wijaya Karya Beton Tbk's own Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.76 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.97, PT Wijaya Karya Beton 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.97, based on 314 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 Beton Tbk's current Cyclically Adjusted PB Ratio of 0.18 is 81.4% 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 Beton Tbk and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Wijaya Karya Beton Tbk's current Cyclically Adjusted PB Ratio is 0.18, which is 28% below median its own 10-year median of 0.25. 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 Beton Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Wijaya Karya Beton Tbk (ISX:WTON) is currently considered Fairly Valued. The stock's GF Value™ is Rp72.94, compared to a current price of Rp77.00 — trading 5.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.18, which is 28% below median its 10-year median of 0.25 and 81.4% below the Building Materials industry median of 0.97. PT Wijaya Karya Beton Tbk's overall GF Score™ is 75/100 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 Wijaya Karya Beton Tbk (ISX:WTON), the current Cyclically Adjusted PB Ratio is 0.18 as of Aug. 03, 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 Beton Tbk (ISX:WTON) Overvalued in 2026?

Based on GuruFocus' analysis, PT Wijaya Karya Beton Tbk stock appears to be overvalued. The current stock price of Rp77.00 is trading 5.6% above its estimated GF Value™ of Rp72.94. GuruFocus considers PT Wijaya Karya Beton Tbk to be Fairly Valued.

Key valuation signals for ISX:WTON:

  • Cyclically Adjusted PB Ratio: 0.18 (28% below median its 10-year median of 0.25)
  • GF Value™: Rp72.94 vs. price of Rp77.00 (5.6% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 81.4% below the Building Materials median (#23 of 314)

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


PT Wijaya Karya Beton Tbk Business Description

Other Exchanges WK0:Germany
Address Jalan D.I. Panjaitan Kav. 2, Tamansari Hive Office Lt. 3-5, Jakarta, IDN, 13340
PT Wijaya Karya Beton Tbk is an Indonesian-based company engaged in concrete trading and industry, construction services, and other related businesses. The company's operating segments are Concrete, Quarry, and Services. The Concrete Segment is the core business of the company, which is done through the production of both precast and ready-mix concrete. The Quarry Segment is part of the concrete production process, which includes mining activities and the production of split and screen. The Services Segment is a service developed by the company in line with continuous business and technological innovation.
75GF Score

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

Rp77.00
Price
Rp72.94
GF Value