Of Intrinsic Value Relative Valuation Techniques: Specific Geographical Review on Listed Companies (Overvalued, Undervalued or Fairvalued) In Indonesia Stock Exchange-30


  • Reva Yuliani, Mohd Haizam Saudi Widyatama University
  • Obsatar Sinaga Padjadjaran University


PVB, PER, PSR, Stock price


In making investment investors need to analyze the stock price first before making a decision, in this study Relative valuation technique is used which consists of three approaches, price book value (PBV), Price earning ratio (PER), and Price sales ratio (PSR) for companies that are included in the IDX30 index from 2017 - 2019. After conducting the next analysis, determining the stock position (overvalued, undervalued or fairvalued). Based on these three methods, out of 21 data conducted by the study, only 4 companies were undervalued At Aneka Tambang Tbk, Indah Kiat Pulp & Paper Tbk, Perusahaan Gas Negara Tbk dan Adaro Energy Tbk.