PT Jaya Real Property Tbk (ISX:JRPT) Owner Earnings per Share (TTM): 104.20 (As of Jun. 2026)

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ISX:JRPT PT Jaya Real Property Tbk ISX:JRPT
82 GF Score
Price Rp1,125.00
GF Value Rp960.48
Valuation Modestly Overvalued
! 4 Warning Signs
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What is PT Jaya Real Property Tbk Owner Earnings per Share (TTM)?

PT Jaya Real Property Tbk ISX:JRPT +1.35% 82 Owner Earnings per Share (TTM) is 104.20 as of Jun. 2026. GuruFocus rates ISX:JRPT with a GF Score™ of 82/100 and a GF Value™ of Rp960.48 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 779 Real Estate companies, PT Jaya Real Property Tbk ranks worse than 54.04% on this metric.

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

PT Jaya Real Property Tbk's Owner Earnings per Share (TTM) ended in Jun. 2026 was Rp104.20. It's Price-to-Owner-Earnings ratio for today is 10.8.


The historical rank and industry rank for PT Jaya Real Property Tbk's Owner Earnings per Share (TTM) or its related term are showing as below:

ISX:JRPT' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 5.32   Med: 8.64   Max: 13.49
Current: 10.46


During the past 13 years, the highest Price-to-Owner-Earnings ratio of PT Jaya Real Property Tbk was 13.49. The lowest was 5.32. And the median was 8.64.


ISX:JRPT's Price-to-Owner-Earnings is ranked worse than
54.04% of 779 companies
in the Real Estate industry
Industry Median: 9.5 vs ISX:JRPT: 10.46

PT Jaya Real Property Tbk's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was Rp29.76. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was Rp107.80. It's PE Ratio (TTM) ratio for today is 10.44.

PT Jaya Real Property Tbk's EPS without NRI for the three months ended in Jun. 2026 was Rp29.76. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was Rp107.99. It's PE Ratio without NRI ratio for today is 10.42.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


PT Jaya Real Property Tbk Owner Earnings per Share (TTM) Related Terms


PT Jaya Real Property Tbk Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for PT Jaya Real Property Tbk's Owner Earnings per Share (TTM) 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 Owner Earnings per Share (TTM) Chart

PT Jaya Real Property Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.69 64.73 74.79 83.73 97.48

PT Jaya Real Property Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Owner Earnings per Share (TTM) 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 89.94 93.28 97.48 101.04 104.20

PT Jaya Real Property Tbk Owner Earnings per Share (TTM) Competitor Comparison

For the Real Estate - Development subindustry, PT Jaya Real Property Tbk's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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-Owner-Earnings vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Jaya Real Property Tbk's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where PT Jaya Real Property Tbk's Price-to-Owner-Earnings falls into.


ISX:JRPT
82GF Score
PT Jaya Real Property Tbk ISX:JRPT
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Jaya Real Property Tbk Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

PT Jaya Real Property Tbk's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 1,385,190
Depreciation, Depletion and Amortization 10,121
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 59,240
Change In Working Capital 0
Shares Outstanding (Diluted Average) 12,823

1. Start with "Net Income" from income statement. PT Jaya Real Property Tbk's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was Rp1,385,190 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. PT Jaya Real Property Tbk's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Jun. 2026 was Rp10,121 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income. PT Jaya Real Property Tbk's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 was Rp0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = Rp59,240 Mil

It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.

The following shows how to get maintenance capital expenditure.

First, calculate the revenue change regarding to the previous quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.

PT Jaya Real Property Tbk's 5-Year Average Maintenance Capital Expenditure = Rp59,240 Mil

5. "Change In Working Capital" is from cashflow statement. PT Jaya Real Property Tbk's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2026 was Rp0 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.

6. PT Jaya Real Property Tbk's Shares Outstanding (Diluted Average) for the months ended in Jun. 2026 was 12822.832 Mil.

PT Jaya Real Property Tbk's Onwer Earnings Per Share for Jun. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 1385190.051 +10120.627+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-59240.367797002+0)/12822.832
=104.20

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=1125.00/104.20
=10.8

* 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 Owner Earnings per Share (TTM) of 104.20 mean?
PT Jaya Real Property Tbk (ISX:JRPT) has a Owner Earnings per Share (TTM) of 104.20 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on PT Jaya Real Property Tbk. According to the industry distribution chart, PT Jaya Real Property Tbk ranks #421 out of 779 companies in the Real Estate industry, placing it in the top 54%.
Is PT Jaya Real Property Tbk's Owner Earnings per Share (TTM) too high?
PT Jaya Real Property Tbk's current Owner Earnings per Share (TTM) is 104.20. The Real Estate industry median Owner Earnings per Share (TTM) is 9.50. PT Jaya Real Property Tbk's value of 104.20 is 996.8% above this industry median. Based on the distribution chart, PT Jaya Real Property Tbk ranks #421 out of 779 companies in the Real Estate industry, which is below the industry midpoint. Overall, PT Jaya Real Property Tbk has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Jaya Real Property Tbk's Owner Earnings per Share (TTM) compare to competitors?
According to the Real Estate industry distribution chart, PT Jaya Real Property Tbk ranks #421 out of 779 companies for Owner Earnings per Share (TTM). This places PT Jaya Real Property Tbk in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 9.50. PT Jaya Real Property Tbk's value of 104.20 is 996.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for a Real Estate company?
The median Owner Earnings per Share (TTM) among Real Estate companies is 9.50, based on 779 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Jaya Real Property Tbk's current Owner Earnings per Share (TTM) of 104.20 is 996.8% 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 Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on PT Jaya Real Property Tbk. For the Real Estate industry, the median Owner Earnings per Share (TTM) is 9.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jaya Real Property Tbk's current Owner Earnings per Share (TTM) is 104.20. 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 Rp960.48, compared to a current price of Rp1,125.00 — trading 17.1% above its estimated fair value. The current Owner Earnings per Share (TTM) is 104.20 and 996.8% above the Real Estate industry median of 9.50. PT Jaya Real Property Tbk's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For PT Jaya Real Property Tbk (ISX:JRPT), the current Owner Earnings per Share (TTM) is 104.20 as of Jun. 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 Rp1,125.00 is trading 17.1% above its estimated GF Value™ of Rp960.48. GuruFocus considers PT Jaya Real Property Tbk to be Modestly Overvalued.

Key valuation signals for ISX:JRPT:

  • Owner Earnings per Share (TTM): 104.20
  • GF Value™: Rp960.48 vs. price of Rp1,125.00 (17.1% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 996.8% above the Real Estate median (#421 of 779)

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 Business Description

Address Boulevard Bintaro Jaya, CBD Emerald Blok CE/A No. 01, Tangerang, IDN, 15227
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.
82GF Score

Get the complete analysis for ISX:JRPT

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp1,125.00
Price
Rp960.48
GF Value