PT Wijaya Karya (Persero) Tbk (ISX:WIKA) E10: Rp-36.80 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:WIKA PT Wijaya Karya (Persero) Tbk ISX:WIKA
10 GF Score
Price Rp204.00
GF Value Rp139.21
! 6 Warning Signs
View Full Analysis

What is PT Wijaya Karya (Persero) Tbk E10?

PT Wijaya Karya (Persero) Tbk ISX:WIKA 10 E10 is Rp-36.80 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 P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

PT Wijaya Karya (Persero) Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was Rp-28.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp-36.80 for the trailing ten years ended in Mar. 2026.

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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of PT Wijaya Karya (Persero) Tbk was -37.40% per year. The lowest was -70.80% per year. And the median was -54.10% per year.

As of today (2026-07-28), PT Wijaya Karya (Persero) Tbk's current stock price is Rp204.00. PT Wijaya Karya (Persero) Tbk's E10 for the quarter that ended in Mar. 2026 was Rp-36.80. PT Wijaya Karya (Persero) Tbk's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of PT Wijaya Karya (Persero) Tbk was 93.23. The lowest was 3.26. And the median was 8.34.


PT Wijaya Karya (Persero) Tbk  (ISX:WIKA) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of PT Wijaya Karya (Persero) Tbk was 93.23. The lowest was 3.26. And the median was 8.34.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


PT Wijaya Karya (Persero) Tbk E10 Related Terms


PT Wijaya Karya (Persero) Tbk E10 Historical Data

* Premium members only.

The historical data trend for PT Wijaya Karya (Persero) Tbk's E10 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 E10 Chart

PT Wijaya Karya (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.70 102.75 26.63 2.66 -32.42

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
E10 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 -0.35 -4.94 -12.02 -32.42 -36.80

ISX:WIKA vs PWR, EME, J: E10 Comparison

For the Engineering & Construction subindustry, PT Wijaya Karya (Persero) Tbk's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Construction Industry

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

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


ISX:WIKA
10GF Score
PT Wijaya Karya (Persero) Tbk ISX:WIKA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Wijaya Karya (Persero) Tbk E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-28.52/136.5387*136.5387
=-28.520

Current CPI (Mar. 2026) = 136.5387.

PT Wijaya Karya (Persero) Tbk Quarterly Data

per share eps CPI Adj_EPS
201606 23.675 103.212 31.319
201609 26.762 104.142 35.087
201612 56.252 105.222 72.994
201703 23.229 106.476 29.788
201706 18.063 107.722 22.895
201709 23.385 108.020 29.559
201712 49.234 109.017 61.663
201803 16.228 110.097 20.126
201806 32.771 111.085 40.280
201809 32.507 111.135 39.938
201812 82.443 112.430 100.122
201903 27.078 112.829 32.768
201906 57.308 114.730 68.201
201909 43.751 114.905 51.988
201912 88.244 115.486 104.331
202003 9.406 116.252 11.047
202006 14.316 116.630 16.760
202009 -18.968 116.397 -22.250
202012 12.838 117.318 14.941
202103 7.400 117.840 8.574
202106 0.498 118.184 0.575
202109 2.039 118.262 2.354
202112 1.198 119.516 1.369
202203 0.127 120.948 0.143
202206 -1.393 123.322 -1.542
202209 -1.387 125.298 -1.511
202212 -2.997 126.098 -3.245
202303 -49.373 126.953 -53.101
202306 -128.828 127.663 -137.785
202309 -375.487 128.151 -400.062
202312 -121.582 129.395 -128.295
202403 -107.292 130.607 -112.165
202406 38.491 130.792 40.182
202409 8.514 130.361 8.917
202412 -75.448 131.432 -78.380
202503 -19.570 131.948 -20.251
202506 -22.149 133.241 -22.697
202509 -38.840 133.819 -39.629
202512 -162.951 135.271 -164.478
202603 -28.520 136.539 -28.520

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of Rp-36.80 mean?
PT Wijaya Karya (Persero) Tbk (ISX:WIKA) has a E10 of Rp-36.80 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings 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 E10 too high?
PT Wijaya Karya (Persero) Tbk's current E10 is Rp-36.80. 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 E10 compare to PWR and EME?
PT Wijaya Karya (Persero) Tbk's E10 of Rp-36.80 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 E10 for a Construction company?
A good E10 depends on the Construction industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings 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 E10 is Rp-36.80. 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 E10 of Rp-36.80. 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 E10 is Rp-36.80. 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 E10 calculated?
E10 is calculated from a company's financial statements. For PT Wijaya Karya (Persero) Tbk (ISX:WIKA), the current E10 is Rp-36.80 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:

  • E10: Rp-36.80
  • 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.
10GF Score

Get the complete analysis for ISX:WIKA

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp204.00
Price
Rp139.21
GF Value