PTJSY (PT Jasa Marga (Persero) Tbk) Shiller PE Ratio: 6.76 (As of Aug. 20, 2026) — 50% Below Median

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PTJSY PT Jasa Marga (Persero) Tbk PTJSY
71 GF Score
Price $3.45
GF Value $4.44
Valuation Modestly Undervalued
! 6 Warning Signs
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What is PT Jasa Marga (Persero) Tbk Shiller PE Ratio?

PT Jasa Marga (Persero) Tbk PTJSY 71 Shiller PE Ratio is 6.76 as of Aug. 20, 2026, which is 50% below its 10-year median of 13.57. GuruFocus rates PTJSY with a GF Score™ of 71/100 and a GF Value™ of $4.44 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,035 Construction companies, PT Jasa Marga (Persero) Tbk ranks better than 87.25% on this metric.

As of today (2026-08-20), PT Jasa Marga (Persero) Tbk's current share price is $3.45. PT Jasa Marga (Persero) Tbk's E10 for the quarter that ended in Mar. 2026 was $0.51. PT Jasa Marga (Persero) Tbk's Shiller PE Ratio for today is 6.76.

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

PTJSY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.97   Med: 13.57   Max: 22.98
Current: 6.34

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 13.57.

PTJSY's Shiller PE Ratio is ranked better than
87.25% of 1035 companies
in the Construction industry
Industry Median: 16.59 vs PTJSY: 6.34

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 $0.126. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.51 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:PTJSY) 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.


PTJSY
71GF Score
PT Jasa Marga (Persero) Tbk PTJSY
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
=3.45/0.51
=6.76

* 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)
=0.126/136.5387*136.5387
=0.126

Current CPI (Mar. 2026) = 136.5387.

PT Jasa Marga (Persero) Tbk Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.114 103.212 0.151
201609 0.084 104.142 0.110
201612 0.096 105.222 0.125
201703 0.113 106.476 0.145
201706 0.097 107.722 0.123
201709 0.183 108.020 0.231
201712 0.061 109.017 0.076
201803 0.117 110.097 0.145
201806 0.091 111.085 0.112
201809 0.134 111.135 0.165
201812 0.082 112.430 0.100
201903 0.113 112.829 0.137
201906 0.092 114.730 0.109
201909 0.086 114.905 0.102
201912 0.139 115.486 0.164
202003 0.106 116.252 0.124
202006 -0.093 116.630 -0.109
202009 0.010 116.397 0.012
202012 0.067 117.318 0.078
202103 0.031 117.840 0.036
202106 0.133 118.184 0.154
202109 -0.021 118.262 -0.024
202112 0.167 119.516 0.191
202203 0.075 120.948 0.085
202206 0.064 123.322 0.071
202209 0.050 125.298 0.054
202212 0.306 126.098 0.331
202303 0.495 126.953 0.532
202306 -0.415 127.663 -0.444
202309 0.866 128.151 0.923
202312 0.145 129.395 0.153
202403 0.109 130.607 0.114
202406 0.291 130.792 0.304
202409 0.171 130.361 0.179
202412 0.212 131.432 0.220
202503 0.155 131.948 0.160
202506 0.159 133.241 0.163
202509 0.143 133.819 0.146
202512 0.153 135.271 0.154
202603 0.126 136.539 0.126

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 6.76 mean?
PT Jasa Marga (Persero) Tbk (PTJSY) has a Shiller PE Ratio of 6.76 as of Aug. 20, 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 50% below median its historical median of 13.57. 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 #132 out of 1035 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 6.76 is 50% below median its 10-year median of 13.57. 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 16.59. PT Jasa Marga (Persero) Tbk's value of 6.76 is 59.3% below this industry median. Based on the distribution chart, PT Jasa Marga (Persero) Tbk ranks #132 out of 1035 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 71/100 and is considered Modestly Undervalued, 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 #132 out of 1035 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 16.59. PT Jasa Marga (Persero) Tbk's value of 6.76 is 59.3% 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 13.57 vs. the industry median of 16.59, 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 16.59, based on 1,035 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 6.76 is 59.3% 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 16.59 — 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 6.76, which is 50% below median its own 10-year median of 13.57. 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 (PTJSY) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.44, compared to a current price of $3.45 — trading 22.3% below its estimated fair value. The current Shiller PE Ratio is 6.76, which is 50% below median its 10-year median of 13.57 and 59.3% below the Construction industry median of 16.59. PT Jasa Marga (Persero) Tbk's overall GF Score™ is 71/100 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 (PTJSY), the current Shiller PE Ratio is 6.76 as of Aug. 20, 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 (PTJSY) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jasa Marga (Persero) Tbk stock appears to be undervalued. The current stock price of $3.45 is trading 22.3% below its estimated GF Value™ of $4.44. GuruFocus considers PT Jasa Marga (Persero) Tbk to be Modestly Undervalued.

Key valuation signals for PTJSY:

  • Shiller PE Ratio: 6.76 (50% below median its 10-year median of 13.57)
  • GF Value™: $4.44 vs. price of $3.45 (22.3% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 59.3% below the Construction median (#132 of 1035)

No single metric tells the full story. See the PTJSY 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.
71GF Score

Get the complete analysis for PTJSY

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

$3.45
Price
$4.44
GF Value