Asuransi Kresna Price To Book vs. Revenue
| ASMI Stock | IDR 11.00 0.00 0.00% |
For Asuransi Kresna profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Asuransi Kresna to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Asuransi Kresna Mitra utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Asuransi Kresna's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Asuransi Kresna Mitra over time as well as its relative position and ranking within its peers.
Asuransi |
Asuransi Kresna Mitra Revenue vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Asuransi Kresna's current stock value. Our valuation model uses many indicators to compare Asuransi Kresna value to that of its competitors to determine the firm's financial worth. Asuransi Kresna Mitra is number one stock in price to book category among its peers. It is rated fourth in revenue category among its peers totaling about 127,459,954,011 of Revenue per Price To Book. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Asuransi Kresna's earnings, one of the primary drivers of an investment's value.Asuransi Revenue vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Asuransi Kresna |
| = | 2.53 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Asuransi Kresna |
| = | 321.96 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Asuransi Revenue vs Competition
Asuransi Kresna Mitra is rated fourth in revenue category among its peers. Market size based on revenue of Financials industry is presently estimated at about 4.23 Trillion. Asuransi Kresna holds roughly 321.96 Billion in revenue claiming about 8% of equities under Financials industry.
Asuransi Kresna Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Asuransi Kresna, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Asuransi Kresna will eventually generate negative long term returns. The profitability progress is the general direction of Asuransi Kresna's change in net profit over the period of time. It can combine multiple indicators of Asuransi Kresna, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
PT Asuransi Kresna Mitra Tbk engages in general insurance and reinsurance business in Indonesia. PT Asuransi Kresna Mitra Tbk is a subsidiary of PT Mega Inti Supra. Asuransi Kresna operates under Insurance - Diversified classification in Indonesia and is traded on Jakarta Stock Exchange.
Asuransi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Asuransi Kresna. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Asuransi Kresna position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Asuransi Kresna's important profitability drivers and their relationship over time.
Use Asuransi Kresna in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Asuransi Kresna position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Asuransi Kresna will appreciate offsetting losses from the drop in the long position's value.Asuransi Kresna Pair Trading
Asuransi Kresna Mitra Pair Trading Analysis
The ability to find closely correlated positions to Asuransi Kresna could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asuransi Kresna when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Asuransi Kresna - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Asuransi Kresna Mitra to buy it.
The correlation of Asuransi Kresna is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asuransi Kresna moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asuransi Kresna Mitra moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Asuransi Kresna can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Asuransi Kresna position
In addition to having Asuransi Kresna in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Asuransi Stock
To fully project Asuransi Kresna's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Asuransi Kresna Mitra at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Asuransi Kresna's income statement, its balance sheet, and the statement of cash flows.