Determining the Most Viable Cement Company Stock Investment Using PER and PBV

DOI

10.2991/assehr.k.211130.050How to use a DOI?

Keywords

Stock Investment; PER; PBV; Undervalued; Overvalued

Abstract

The cement industry is one of the many industries that are the basis of industrial and economic development in Indonesia. The cement industry business is increasing every year because they need for cement in Indonesia is expanding. The research aims to determine cement companies’ most viable stock investment using the PER and PBV methods. This type of research is quantitatively descriptive by using purposive sampling methods as well as establishing specific criteria. The study sample amounted to 4 companies with a sample population of 6 cement companies listed on the Indonesia Stock Exchange in 2016-2018. The data was taken through the cement company’s annual financial statements obtained from the www.IDX.co.id website. The data analysis method uses PER and PBV analysis. The results showed that three companies are undervalued, so that they can be used to invest in stocks. The three companies are PT Semen Indonesia Tbk, PT Holcim Indonesia Tbk and PT Baturaja Tbk. Of the three cement companies that are most suitable for investing in shares in PT Holcim Indonesia Tbk.

Copyright

© 2021 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - K. Yuliari
AU  - D. R. Septyaningtyas
PY  - 2021
DA  - 2021/12/03
TI  - Determining the Most Viable Cement Company Stock Investment Using PER and PBV
BT  - Proceedings of the International Joined Conference on Social Science (ICSS 2021)
PB  - Atlantis Press
SP  - 283
EP  - 285
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211130.050
DO  - 10.2991/assehr.k.211130.050
ID  - Yuliari2021
ER  -