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Mochamad Aufa

Stock valuation check

Valuing a stock the simplest way: compare its price with net assets and earnings per share, then compare it with similar companies.

This is an educational tool, not a recommendation to buy, sell or hold any stock. Figures come from Yahoo Finance automatically and can be late or wrong; check the official filings before deciding anything.

Data as of · Yahoo Finance

How to read it

  1. 01

    Net assets

    Equity (assets minus every liability) divided by the share count. PBV = price ÷ that. Below 1 means you pay less than what is in the vault.

  2. 02

    Earning power

    Net profit per share (EPS). PER = price ÷ EPS: how many years of earnings you pay up front.

  3. 03

    Compare with peers

    Those numbers only mean something next to the same sector. Whatever sits far above its group median deserves suspicion.

  4. 04

    ROE as context

    A high PBV is not always wrong. A company earning 22% on equity deserves to trade above book; the ones whose PBV far outruns their ROE are what gets flagged.

Coal & heavy equipment

Group median: PBV 0.83x · PER 7.79x

Fair reference from this group

Half the stocks in this group sit in the middle range. The median is its centre; lowest and highest show the ends.

LowestMiddle rangeGroup medianHighest
PBV0.55x0.78x – 1.40x0.83x5.88x
PER6.28x6.82x – 11.5x7.79x25.3x
StockPricePBVPERROECashNet cashFree floatDiv. yieldCategoryFlags
BYANBayan ResourcesRp8,9755.88x7.2x median25.3x3.4x median33%Rp14.0TRp11.3T3%*2.9%Unearned premium
  • PBV is 7.2 times the peer median (limit 3).
  • PER is 3.4 times the peer median (limit 2).
  • Free float 3.3%, below 15%. Few shares actually trade, so the price moves easily.
HRUMHarum EnergyRp7000.55x0.5x median12.0x1.6x median7%Rp2.6T-Rp7.8T17%*0.0%Discount—
ITMGIndo Tambangraya MegahRp24,9750.80x0.8x median7.79x0.9x median11%Rp14.6TRp12.8T34%*7.0%Discount—
UNTRUnited TractorsRp23,8500.83x0.8x median11.0x1.5x median7%Rp23.0T-Rp4.6T38%*3.6%Discount—
PTBABukit Asam (Persero)Rp3,1101.59x2.0x median6.28x0.7x median21%Rp7.3TRp4.3T30%*3.5%Fair—
ADROAlamtri Resources IndonesiaRp2,4300.76x0.8x median7.07x0.8x median14%Rp36.8TRp3.6T31%*9.9%Discount—
AADIAdaro Andalan IndonesiaRp10,7001.21x1.5x median6.58x0.7x median24%Rp42.0TRp22.2T24%*8.7%Fair—
PBV against the group median
BYAN5.88x
HRUM0.55x
ITMG0.80x
UNTR0.83x
PTBA1.59x
ADRO0.76x
AADI1.21x

Group median 0.83x

Large banks

Group median: PBV 1.25x · PER 6.38x

Fair reference from this group

Half the stocks in this group sit in the middle range. The median is its centre; lowest and highest show the ends.

LowestMiddle rangeGroup medianHighest
PBV0.72x1.06x – 1.53x1.25x2.16x
PER5.41x5.77x – 7.74x6.38x10.3x
StockPricePBVPERROECashNet cashFree floatDiv. yieldCategoryFlags
BBCABank Central AsiaRp4,9802.16x1.8x median10.3x1.8x median21%——39%*7.6%Earned premium—
BBRIBank Rakyat Indonesia (Persero)Rp2,8201.32x1.1x median6.88x1.2x median19%——43%*14.9%Fair—
BMRIBank Mandiri (Persero)Rp3,7001.17x0.9x median5.41x0.8x median22%——45%*14.6%Fair—
BBNIBank Negara Indonesia (Persero)Rp3,2900.72x0.5x median5.89x0.9x median12%——31%*10.5%Discount—
PBV against the group median
BBCA2.16x
BBRI1.32x
BMRI1.17x
BBNI0.72x

Group median 1.25x

For banks, cash and debt are the product itself, so the cash and debt rules are skipped.

Consumer staples

Group median: PBV 1.39x · PER 8.70x

Fair reference from this group

Half the stocks in this group sit in the middle range. The median is its centre; lowest and highest show the ends.

LowestMiddle rangeGroup medianHighest
PBV0.72x1.09x – 4.33x1.39x12.6x
PER5.87x7.95x – 10.3x8.70x15.0x
StockPricePBVPERROECashNet cashFree floatDiv. yieldCategoryFlags
ICBPIndofood CBP Sukses MakmurRp5,7251.21x0.8x median8.65x1.0x median14%Rp33.5T-Rp17.0T18%*4.8%Fair—
INDFIndofood Sukses MakmurRp6,5500.72x0.5x median5.87x0.7x median13%Rp61.6T-Rp16.3T41%*4.5%Discount—
UNVRUnilever IndonesiaRp1,39512.6x10.4x median15.0x1.7x median102%Rp2.0TRp1.5T14%*16.4%Earned premium
  • PBV is 10.4 times the peer median (limit 3).
  • Free float 13.9%, below 15%. Few shares actually trade, so the price moves easily.
MYORMayora IndahRp1,3451.57x1.3x median8.75x1.0x median19%Rp4.3T-Rp493B14%*4.4%Fair
  • Free float 14.1%, below 15%. Few shares actually trade, so the price moves easily.
PBV against the group median
ICBP1.21x
INDF0.72x
UNVR12.6x
MYOR1.57x

Group median 1.39x

Shipping

Group median: PBV 0.76x · PER 6.85x

Fair reference from this group

Half the stocks in this group sit in the middle range. The median is its centre; lowest and highest show the ends.

LowestMiddle rangeGroup medianHighest
PBV0.40x0.53x – 0.83x0.76x2.02x
PER2.78x6.25x – 7.07x6.85x28.5x
StockPricePBVPERROECashNet cashFree floatDiv. yieldCategoryFlags
SMDRSamudera IndonesiaRp3540.59x0.7x median6.99x1.0x median10%Rp9.0T-Rp581B22%*3.4%Discount—
TMASTemasRp1152.02x2.8x median7.09x1.1x median22%Rp381B-Rp1.6T6%*3.4%Earned premium
  • Free float 6.2%, below 15%. Few shares actually trade, so the price moves easily.
BULLBuana Lintas LautanRp2480.80x1.1x median2.78x0.4x median35%Rp342B-Rp2.5T68%*0.0%Discount—
SOCISoechi LinesRp4460.40x0.5x median6.17x0.9x median7%Rp185B-Rp4.3T30%*0.5%Discount—
WINSWintermar Offshore MarineRp5400.73x0.9x median6.73x1.0x median18%Rp878B-Rp1.3T33%*1.3%Discount—
TPMATrans Power MarineRp3360.51x0.6x median6.47x0.9x median5%Rp229B-Rp1.9T25%*11.7%Discount—
HITSHumpuss Intermoda TransportasiRp1160.80x1.1x median28.5x4.2x median-8%Rp623B-Rp1.6T0%*—Discount
  • PER is 4.2 times the peer median (limit 2).
  • Free float 0.1%, below 15%. Few shares actually trade, so the price moves easily.
  • Debt is 2.20x equity (limit 1.5x).
BBRMPelayaran Nasional Bina Buana RayaRp920.84x1.2x median6.98x1.0x median17%Rp234BRp112B9%*0.0%Discount
  • Free float 8.9%, below 15%. Few shares actually trade, so the price moves easily.
NELYPelayaran Nelly Dwi PutriRp1710.45x0.6x median6.14x0.9x median-2%Rp70.2B-Rp102B6%*5.8%Discount
  • Free float 5.8%, below 15%. Few shares actually trade, so the price moves easily.
ELPIPelayaran Nasional Ekalya PurnamasariRp4061.14x1.6x median26.9x4.0x median3%Rp1.0TRp563B6%*3.5%Fair
  • PER is 4.0 times the peer median (limit 2).
  • Free float 6.3%, below 15%. Few shares actually trade, so the price moves easily.
PBV against the group median
SMDR0.59x
TMAS2.02x
BULL0.80x
SOCI0.40x
WINS0.73x
TPMA0.51x
HITS0.80x
BBRM0.84x
NELY0.45x
ELPI1.14x

Group median 0.76x

Categories

  • DiscountPrice below net assets per share (PBV < 1).
  • FairPBV between 1x and 2x.
  • Earned premiumPBV above 2x, but in line with its ROE.
  • Unearned premiumPBV far above what its ROE can justify.
  • LossNegative earnings or equity, so PBV and PER mean nothing.

Red flag rules

  • PBV more than 3x the peer median.
  • PER more than 2x the peer median.
  • Free float below 15%.
  • Debt above 1.5x equity (not banks).
  • Negative earnings per share.
  • "Earned premium" means PBV ≤ 2 × (ROE ÷ 12%).

Free float marked * is estimated from Yahoo's insider holdings, not the official IDX figure.