Asuransi Ramayana Tbk PT
IDX:ASRM

Watchlist Manager
Asuransi Ramayana Tbk PT Logo
Asuransi Ramayana Tbk PT
IDX:ASRM
Watchlist
Price: 284 IDR
Market Cap: Rp362.9B

P/B

0.5
Current
22%
Cheaper
vs 3-y average of 0.6

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.5
=
Market Cap
Rp368.1B
/
Total Equity
Rp761.1B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.5
=
Market Cap
Rp368.1B
/
Total Equity
Rp761.1B

Valuation Scenarios

Asuransi Ramayana Tbk PT is trading below its 3-year average

If P/B returns to its 3-Year Average (0.6), the stock would be worth Rp363.6 (28% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+236%
Average Upside
72%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.5 Rp284
0%
3-Year Average 0.6 Rp363.6
+28%
5-Year Average 0.5 Rp288
+1%
Industry Average 0.6 Rp345.04
+21%
Country Average 1.6 Rp954.45
+236%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 90% of companies in Indonesia
Percentile
10th
Based on 852 companies
10th percentile
0.5
Low
0 — 0.9
Typical Range
0.9 — 2.9
High
2.9 —
Distribution Statistics
Indonesia
Min 0
30th Percentile 0.9
Median 1.6
70th Percentile 2.9
Max 652 108.7

Other Multiples

Asuransi Ramayana Tbk PT
Glance View

Market Cap
362.9B IDR
Industry
Insurance

PT Asuransi Ramayana Tbk engages in the general insurance business. The company is headquartered in Jakarta, Dki Jakarta and currently employs 1,043 full-time employees. Its products include property insurance, automobile insurance, cargo insurance, marine hull insurance, aviation insurance, contractors' all risks (CAR) insurance, electronic equipment insurance, machinery breakdown insurance, personal accident insurance, money insurance, surety bonds and customs bonds. The company also offers Islamic insurance. The firm operates a number of branches in several areas in Indonesia, such as Jakarta, Malang, Jember, Denpasar, Medan, Batam, Bekasi, Bogor, Surabaya, Makassar, Manado and Banjarmasin. Through its subsidiary, PT Wisma Ramayana, it is also engaged in building management and motor vehicles rental business.

ASRM Intrinsic Value
334.32 IDR
Undervaluation 15%
Intrinsic Value
Price Rp284
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett