PTJSF (PT Jasa Marga (Persero) Tbk) Shiller PE Ratio: 5.65 (As of Aug. 04, 2026) — 58% Below Median

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PTJSF PT Jasa Marga (Persero) Tbk PTJSF
56 GF Score
Price $0.17
GF Value $0.27
Valuation Possible Value Trap
! 6 Warning Signs
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What is PT Jasa Marga (Persero) Tbk Shiller PE Ratio?

PT Jasa Marga (Persero) Tbk PTJSF 56 Shiller PE Ratio is 5.65 as of Aug. 04, 2026, which is 58% below its 10-year median of 13.59. GuruFocus rates PTJSF with a GF Score™ of 56/100 and a GF Value™ of $0.27 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,026 Construction companies, PT Jasa Marga (Persero) Tbk ranks better than 87.23% on this metric.

As of today (2026-08-04), PT Jasa Marga (Persero) Tbk's current share price is $0.1695. PT Jasa Marga (Persero) Tbk's E10 for the quarter that ended in Mar. 2026 was $0.03. PT Jasa Marga (Persero) Tbk's Shiller PE Ratio for today is 5.65.

The historical rank and industry rank for PT Jasa Marga (Persero) Tbk's Shiller PE Ratio or its related term are showing as below:

PTJSF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.97   Med: 13.59   Max: 22.98
Current: 6.32

During the past years, PT Jasa Marga (Persero) Tbk's highest Shiller PE Ratio was 22.98. The lowest was 5.97. And the median was 13.59.

PTJSF's Shiller PE Ratio is ranked better than
87.23% of 1026 companies
in the Construction industry
Industry Median: 16.44 vs PTJSF: 6.32

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

PT Jasa Marga (Persero) Tbk's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.006. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Jasa Marga (Persero) Tbk  (OTCPK:PTJSF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


PT Jasa Marga (Persero) Tbk Shiller PE Ratio Related Terms


PT Jasa Marga (Persero) Tbk Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for PT Jasa Marga (Persero) Tbk's Shiller PE Ratio 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 Jasa Marga (Persero) Tbk Shiller PE Ratio Chart

PT Jasa Marga (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.90 10.64 13.88 11.10 8.05

PT Jasa Marga (Persero) Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shiller PE Ratio 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 10.01 8.93 8.38 8.05 7.13

PT Jasa Marga (Persero) Tbk Shiller PE Ratio Competitor Comparison

For the Infrastructure Operations subindustry, PT Jasa Marga (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 Jasa Marga (Persero) Tbk Shiller PE Ratio vs Construction Industry

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

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


PTJSF
56GF Score
PT Jasa Marga (Persero) Tbk PTJSF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Jasa Marga (Persero) Tbk Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

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

PT Jasa Marga (Persero) Tbk's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.1695/0.03
=5.65

* 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's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, PT Jasa Marga (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)
=0.006/136.5387*136.5387
=0.006

Current CPI (Mar. 2026) = 136.5387.

PT Jasa Marga (Persero) Tbk Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.006 103.212 0.008
201609 0.004 104.142 0.005
201612 0.005 105.222 0.006
201703 0.006 106.476 0.008
201706 0.005 107.722 0.006
201709 0.009 108.020 0.011
201712 0.003 109.017 0.004
201803 0.006 110.097 0.007
201806 0.005 111.085 0.006
201809 0.007 111.135 0.009
201812 0.004 112.430 0.005
201903 0.006 112.829 0.007
201906 0.005 114.730 0.006
201909 0.004 114.905 0.005
201912 0.007 115.486 0.008
202003 0.005 116.252 0.006
202006 -0.005 116.630 -0.006
202009 0.000 116.397 0.000
202012 0.003 117.318 0.003
202103 0.002 117.840 0.002
202106 0.007 118.184 0.008
202109 -0.001 118.262 -0.001
202112 0.008 119.516 0.009
202203 0.004 120.948 0.005
202206 0.003 123.322 0.003
202209 0.003 125.298 0.003
202212 0.015 126.098 0.016
202303 0.025 126.953 0.027
202306 -0.021 127.663 -0.022
202309 0.043 128.151 0.046
202312 0.007 129.395 0.007
202403 0.005 130.607 0.005
202406 0.015 130.792 0.016
202409 0.009 130.361 0.009
202412 0.011 131.432 0.011
202503 0.008 131.948 0.008
202506 0.008 133.241 0.008
202509 0.007 133.819 0.007
202512 0.008 135.271 0.008
202603 0.006 136.539 0.006

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

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 5.65 mean?
PT Jasa Marga (Persero) Tbk (PTJSF) has a Shiller PE Ratio of 5.65 as of Aug. 04, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on PT Jasa Marga (Persero) Tbk and its competitors. This is 58% below median its historical median of 13.59. Over the past decade, PT Jasa Marga (Persero) Tbk's Shiller PE Ratio has ranged from 5.97 to 22.98. According to the industry distribution chart, PT Jasa Marga (Persero) Tbk ranks #131 out of 1026 companies in the Construction industry, placing it in the top 12.8%.
Is PT Jasa Marga (Persero) Tbk's Shiller PE Ratio too high?
PT Jasa Marga (Persero) Tbk's current Shiller PE Ratio of 5.65 is 58% below median its 10-year median of 13.59. Over the past 10 years, this metric has ranged from a low of 5.97 to a high of 22.98. The Construction industry median Shiller PE Ratio is 16.44. PT Jasa Marga (Persero) Tbk's value of 5.65 is 65.6% below this industry median. Based on the distribution chart, PT Jasa Marga (Persero) Tbk ranks #131 out of 1026 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, PT Jasa Marga (Persero) Tbk has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Marga (Persero) Tbk's Shiller PE Ratio compare to competitors?
According to the Construction industry distribution chart, PT Jasa Marga (Persero) Tbk ranks #131 out of 1026 companies for Shiller PE Ratio. This places PT Jasa Marga (Persero) Tbk in the top 13% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 16.44. PT Jasa Marga (Persero) Tbk's value of 5.65 is 65.6% below this benchmark. Historically, PT Jasa Marga (Persero) Tbk's own Shiller PE Ratio has ranged from 5.97 to 22.98 over the past decade. While the company's 10-year median is 13.59 vs. the industry median of 16.44, PT Jasa Marga (Persero) Tbk has consistently been below 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 Shiller PE Ratio for a Construction company?
The median Shiller PE Ratio among Construction companies is 16.44, based on 1,026 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE 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 Shiller PE Ratio of 5.65 is 65.6% below 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on PT Jasa Marga (Persero) Tbk and its competitors. For the Construction industry, the median Shiller PE Ratio is 16.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasa Marga (Persero) Tbk's current Shiller PE Ratio is 5.65, which is 58% below median its own 10-year median of 13.59. 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 (PTJSF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.27, compared to a current price of $0.17 — trading 37.2% below its estimated fair value. The current Shiller PE Ratio is 5.65, which is 58% below median its 10-year median of 13.59 and 65.6% below the Construction industry median of 16.44. PT Jasa Marga (Persero) Tbk's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For PT Jasa Marga (Persero) Tbk (PTJSF), the current Shiller PE Ratio is 5.65 as of Aug. 04, 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 (PTJSF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jasa Marga (Persero) Tbk stock appears to be undervalued. The current stock price of $0.17 is trading 37.2% below its estimated GF Value™ of $0.27. GuruFocus considers PT Jasa Marga (Persero) Tbk to be Possible Value Trap.

Key valuation signals for PTJSF:

  • Shiller PE Ratio: 5.65 (58% below median its 10-year median of 13.59)
  • GF Value™: $0.27 vs. price of $0.17 (37.2% below fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 65.6% below the Construction median (#131 of 1026)

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


PT Jasa Marga (Persero) Tbk Business Description

Address Plaza Tol Taman Mini Indonesia Indah, Kantor Pusat, Jakarta, IDN, 13550
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.
56GF Score

Get the complete analysis for PTJSF

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

$0.17
Price
$0.27
GF Value