PT Jasa Marga (Persero) TbkPTJSY 71 Cyclically Adjusted PS Ratio is 0.75 as of Jul. 05, 2026, which is 44% below its 10-year median of 1.33. GuruFocus rates PTJSY with a GF Score™ of 71/100 and a GF Value™ of $5.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,354 Construction companies, PT Jasa Marga (Persero) Tbk ranks better than 50.96% on this metric.
The historical rank and industry rank for PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:
PTJSY'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66 Med: 1.33 Max: 2.31
Current: 0.7
During the past years, PT Jasa Marga (Persero) Tbk's highest Cyclically Adjusted PS Ratio was 2.31. The lowest was 0.66. And the median was 1.33.
PTJSY's Cyclically Adjusted PS Ratio is ranked better than 50.96% of 1354
companies
in the Construction industry
Industry Median: 0.71
vs PTJSY: 0.70
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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
PT Jasa Marga (Persero) Tbk's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.050. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $4.63 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.
PT Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio Related Terms
PT Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio Historical Data
* 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 Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio Chart
For the Infrastructure Operations subindustry, PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio vs Construction Industry
For the Construction industry and Industrials sector, PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio falls into.
PT Jasa Marga (Persero) Tbk Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.
* 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.
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 PS Ratio of 0.75 mean?
PT Jasa Marga (Persero) Tbk (PTJSY) has a Cyclically Adjusted PS Ratio of 0.75 as of Jul. 05, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on PT Jasa Marga (Persero) Tbk and its competitors. This is 44% below median its historical median of 1.33. Over the past decade, PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio has ranged from 0.66 to 2.31. According to the industry distribution chart, PT Jasa Marga (Persero) Tbk ranks #664 out of 1354 companies in the Construction industry, placing it in the top 49%.
Is PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio too high?
PT Jasa Marga (Persero) Tbk's current Cyclically Adjusted PS Ratio of 0.75 is 44% below median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.31. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. PT Jasa Marga (Persero) Tbk's value of 0.75 is 5.6% above this industry median. Based on the distribution chart, PT Jasa Marga (Persero) Tbk ranks #664 out of 1354 companies in the Construction industry, which is above the industry midpoint. Overall, PT Jasa Marga (Persero) Tbk has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Marga (Persero) Tbk's Cyclically Adjusted PS Ratio compare to competitors?
According to the Construction industry distribution chart, PT Jasa Marga (Persero) Tbk ranks #664 out of 1354 companies for Cyclically Adjusted PS Ratio. This puts PT Jasa Marga (Persero) Tbk in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. PT Jasa Marga (Persero) Tbk's value of 0.75 is 5.6% above this benchmark. Historically, PT Jasa Marga (Persero) Tbk's own Cyclically Adjusted PS Ratio has ranged from 0.66 to 2.31 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 0.71, PT Jasa Marga (Persero) 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 PS Ratio for a Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.71, based on 1,354 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Jasa Marga (Persero) Tbk's current Cyclically Adjusted PS Ratio of 0.75 is 5.6% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on PT Jasa Marga (Persero) Tbk and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasa Marga (Persero) Tbk's current Cyclically Adjusted PS Ratio is 0.75, which is 44% below median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Marga (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jasa Marga (Persero) Tbk (PTJSY) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.17, compared to a current price of $3.45 — trading 33.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.75, which is 44% below median its 10-year median of 1.33 and 5.6% above the Construction industry median of 0.71. PT Jasa Marga (Persero) Tbk's overall GF Score™ is 71/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For PT Jasa Marga (Persero) Tbk (PTJSY), the current Cyclically Adjusted PS Ratio is 0.75 as of Jul. 05, 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 Jasa Marga (Persero) Tbk (PTJSY) Overvalued in 2026?
Based on GuruFocus' analysis, PT Jasa Marga (Persero) Tbk stock appears to be undervalued.
The current stock price of $3.45 is trading 33.3% below its estimated GF Value™ of $5.17.
GuruFocus considers PT Jasa Marga (Persero) Tbk to be Modestly Undervalued.
Key valuation signals for PTJSY:
Cyclically Adjusted PS Ratio: 0.75 (44% below median its 10-year median of 1.33)
GF Value™: $5.17 vs. price of $3.45 (33.3% below fair value)
Industry Position: 5.6% above the Construction median (#664 of 1354)
No single metric tells the full story. See the PTJSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Jasa Marga (Persero) Tbk is an industrial company that constructs and operates toll roads. The company organizes operations into five segments: toll road business, operations, maintenance, Related business, and others. The toll business segment, which contributes the vast majority of revenue, works on increasing ownership of the company's toll road assets. The operating segment is engaged in operating toll roads, while the maintenance segment provides toll road maintenance services. The other business segment operates fuel stations, leases and sells property assets, and earns advertising revenue.
71GF Score
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