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PT Jaya Real Property TbkISX:JRPT 81 Net Current Asset Value is Rp48.04 as of Mar. 2026, which is 100% below its 10-year median of 42.53. GuruFocus rates ISX:JRPT with a GF Score™ of 81/100 and a GF Value™ of Rp918.14 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 755 Real Estate companies, PT Jaya Real Property Tbk ranks worse than 96.03% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
PT Jaya Real Property Tbk's net current asset value per share for the quarter that ended in Mar. 2026 was Rp48.04.
The historical rank and industry rank for PT Jaya Real Property Tbk's Net Current Asset Value or its related term are showing as below:
ISX:JRPT'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 22.48 Med: 42.53 Max: 164.24
Current: 22.48
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Jaya Real Property Tbk was 164.24. The lowest was 22.48. And the median was 42.53.
ISX:JRPT's Price-to-Net-Current-Asset-Value is ranked worse than 96.03% of 755
companies
in the Real Estate industry
Industry Median: 2.14
vs ISX:JRPT: 22.48
PT Jaya Real Property Tbk (ISX:JRPT) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
PT Jaya Real Property Tbk Net Current Asset Value Related Terms
PT Jaya Real Property Tbk Net Current Asset Value Historical Data
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The historical data trend for PT Jaya Real Property Tbk's Net Current Asset Value 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 Net Current Asset Value Chart
PT Jaya Real Property Tbk Net Current Asset Value Competitor Comparison
For the Real Estate - Development subindustry, PT Jaya Real Property Tbk's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, PT Jaya Real Property Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT Jaya Real Property Tbk's Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of Rp48.04 mean?
PT Jaya Real Property Tbk (ISX:JRPT) has a Net Current Asset Value of Rp48.04 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on PT Jaya Real Property Tbk and its competitors. This is 13% above median its historical median of 42.53. Over the past decade, PT Jaya Real Property Tbk's Net Current Asset Value has ranged from 22.48 to 164.24. According to the industry distribution chart, PT Jaya Real Property Tbk ranks #725 out of 755 companies in the Real Estate industry, placing it in the top 96%.
Is PT Jaya Real Property Tbk's Net Current Asset Value too high?
PT Jaya Real Property Tbk's current Net Current Asset Value of Rp48.04 is 13% above median its 10-year median of 42.53. Over the past 10 years, this metric has ranged from a low of 22.48 to a high of 164.24. Based on the distribution chart, PT Jaya Real Property Tbk ranks #725 out of 755 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 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Jaya Real Property Tbk's Net Current Asset Value compare to competitors?
According to the Real Estate industry distribution chart, PT Jaya Real Property Tbk ranks #725 out of 755 companies for Net Current Asset Value. This places PT Jaya Real Property Tbk in the lower half of its industry. The industry median Net Current Asset Value is 2.14. Historically, PT Jaya Real Property Tbk's own Net Current Asset Value has ranged from 22.48 to 164.24 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.14, based on 755 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on PT Jaya Real Property Tbk and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jaya Real Property Tbk's current Net Current Asset Value is Rp48.04, which is 13% above median its own 10-year median of 42.53. 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 Rp918.14, compared to a current price of Rp1,080.00 — trading 17.6% above its estimated fair value. The current Net Current Asset Value is Rp48.04, which is 13% above median its 10-year median of 42.53. PT Jaya Real Property Tbk's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For PT Jaya Real Property Tbk (ISX:JRPT), the current Net Current Asset Value is Rp48.04 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 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 17.6% above its estimated GF Value™ of Rp918.14.
GuruFocus considers PT Jaya Real Property Tbk to be Modestly Overvalued.
Key valuation signals for ISX:JRPT:
Net Current Asset Value: Rp48.04 (13% above median its 10-year median of 42.53)
GF Value™: Rp918.14 vs. price of Rp1,080.00 (17.6% above fair value)
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 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.
81GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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