PT Jasuindo Tiga Perkasa Tbk (ISX:JTPE) Net Current Asset Value: Rp77.30 (As of Mar. 2026) — 809% Above Median

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ISX:JTPE PT Jasuindo Tiga Perkasa Tbk ISX:JTPE
77 GF Score
Price Rp610.00
GF Value Rp363.60
Valuation Significantly Overvalued
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What is PT Jasuindo Tiga Perkasa Tbk Net Current Asset Value?

PT Jasuindo Tiga Perkasa Tbk ISX:JTPE 77 Net Current Asset Value is Rp77.30 as of Mar. 2026, which is 100% below its 10-year median of 8.50. GuruFocus rates ISX:JTPE with a GF Score™ of 77/100 and a GF Value™ of Rp363.60 (Significantly Overvalued). Among 626 Business Services companies, PT Jasuindo Tiga Perkasa Tbk ranks worse than 71.88% 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 Jasuindo Tiga Perkasa Tbk's net current asset value per share for the quarter that ended in Mar. 2026 was Rp77.30.

The historical rank and industry rank for PT Jasuindo Tiga Perkasa Tbk's Net Current Asset Value or its related term are showing as below:

ISX:JTPE' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.88   Med: 8.5   Max: 60.04
Current: 7.89

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Jasuindo Tiga Perkasa Tbk was 60.04. The lowest was 3.88. And the median was 8.50.

ISX:JTPE's Price-to-Net-Current-Asset-Value is ranked worse than
71.88% of 626 companies
in the Business Services industry
Industry Median: 3.68 vs ISX:JTPE: 7.89

PT Jasuindo Tiga Perkasa Tbk  (ISX:JTPE) 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 Graham’s 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 Jasuindo Tiga Perkasa Tbk Net Current Asset Value Related Terms


PT Jasuindo Tiga Perkasa Tbk Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for PT Jasuindo Tiga Perkasa 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 Jasuindo Tiga Perkasa Tbk Net Current Asset Value Chart

PT Jasuindo Tiga Perkasa Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.04 33.48 36.47 48.10 84.84

PT Jasuindo Tiga Perkasa Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value 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 55.60 58.62 49.04 84.84 77.30

ISX:JTPE vs CTAS, CPRT, ULS: Net Current Asset Value Comparison

For the Specialty Business Services subindustry, PT Jasuindo Tiga Perkasa 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 Jasuindo Tiga Perkasa Tbk Price-to-Net-Current-Asset-Value vs Business Services Industry

For the Business Services industry and Industrials sector, PT Jasuindo Tiga Perkasa Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where PT Jasuindo Tiga Perkasa Tbk's Price-to-Net-Current-Asset-Value falls into.


ISX:JTPE
77GF Score
PT Jasuindo Tiga Perkasa Tbk ISX:JTPE
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Jasuindo Tiga Perkasa Tbk Net Current Asset Value Calculation

PT Jasuindo Tiga Perkasa Tbk's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1952292.071-1244691.633-127336.742-0)/6839.750
=84.84

PT Jasuindo Tiga Perkasa Tbk's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1770049.856-1115236.747-129620.908-0)/6794.330
=77.30

* 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 Rp77.30 mean?
PT Jasuindo Tiga Perkasa Tbk (ISX:JTPE) has a Net Current Asset Value of Rp77.30 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 Jasuindo Tiga Perkasa Tbk and its competitors. This is 809% above median its historical median of 8.50. Over the past decade, PT Jasuindo Tiga Perkasa Tbk's Net Current Asset Value has ranged from 3.88 to 60.04. According to the industry distribution chart, PT Jasuindo Tiga Perkasa Tbk ranks #450 out of 626 companies in the Business Services industry, placing it in the top 71.9%.
Is PT Jasuindo Tiga Perkasa Tbk's Net Current Asset Value too high?
PT Jasuindo Tiga Perkasa Tbk's current Net Current Asset Value of Rp77.30 is 809% above median its 10-year median of 8.50. Over the past 10 years, this metric has ranged from a low of 3.88 to a high of 60.04. Based on the distribution chart, PT Jasuindo Tiga Perkasa Tbk ranks #450 out of 626 companies in the Business Services industry, which is below the industry midpoint. Overall, PT Jasuindo Tiga Perkasa Tbk has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Jasuindo Tiga Perkasa Tbk's Net Current Asset Value compare to CTAS and CPRT?
According to the Business Services industry distribution chart, PT Jasuindo Tiga Perkasa Tbk ranks #450 out of 626 companies for Net Current Asset Value. This places PT Jasuindo Tiga Perkasa Tbk in the lower half of its industry. The industry median Net Current Asset Value is 3.68. Historically, PT Jasuindo Tiga Perkasa Tbk's own Net Current Asset Value has ranged from 3.88 to 60.04 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 Business Services company?
The median Net Current Asset Value among Business Services companies is 3.68, based on 626 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 Jasuindo Tiga Perkasa Tbk and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasuindo Tiga Perkasa Tbk's current Net Current Asset Value is Rp77.30, which is 809% above median its own 10-year median of 8.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasuindo Tiga Perkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jasuindo Tiga Perkasa Tbk (ISX:JTPE) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp363.60, compared to a current price of Rp610.00 — trading 67.8% above its estimated fair value. The current Net Current Asset Value is Rp77.30, which is 809% above median its 10-year median of 8.50. PT Jasuindo Tiga Perkasa Tbk's overall GF Score™ is 77/100. 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 Jasuindo Tiga Perkasa Tbk (ISX:JTPE), the current Net Current Asset Value is Rp77.30 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 Jasuindo Tiga Perkasa Tbk (ISX:JTPE) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jasuindo Tiga Perkasa Tbk stock appears to be overvalued. The current stock price of Rp610.00 is trading 67.8% above its estimated GF Value™ of Rp363.60. GuruFocus considers PT Jasuindo Tiga Perkasa Tbk to be Significantly Overvalued.

Key valuation signals for ISX:JTPE:

  • Net Current Asset Value: Rp77.30 (809% above median its 10-year median of 8.50)
  • GF Value™: Rp363.60 vs. price of Rp610.00 (67.8% above fair value)
  • GF Score™: 77/100

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


PT Jasuindo Tiga Perkasa Tbk Business Description

Address Jalan Raya Betro No. 21, Sedati, Sidoarja, IDN, 61253
PT Jasuindo Tiga Perkasa Tbk is an Indonesian-based company that engages in the production of business forms and security printing products. It operates through the following segments: The Security segment refers to products that are secured in nature and require a special permit during production, such as the book of checks, giro, stocks, and other securities. The Non-Security segment relates to products that are not secured in nature and do not require special permission. Geographically, the group sells the products locally as well as in the international market.
77GF Score

Get the complete analysis for ISX:JTPE

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

Rp610.00
Price
Rp363.60
GF Value