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PT Gajah Tunggal Tbk (ISX:GJTL) 6-Month Price Index : 1.35 (As of May. 26, 2024)


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What is PT Gajah Tunggal Tbk 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-26), PT Gajah Tunggal Tbk's 6-Month Price Index is 1.35.

Competitive Comparison of PT Gajah Tunggal Tbk's 6-Month Price Index

For the Auto Parts subindustry, PT Gajah Tunggal Tbk's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PT Gajah Tunggal Tbk  (ISX:GJTL) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Gajah Tunggal Tbk  (ISX:GJTL) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

PT Gajah Tunggal Tbk 6-Month Price Index Related Terms

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PT Gajah Tunggal Tbk (ISX:GJTL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Gajah Tunggal Tbk (ISX:GJTL) » Definitions » 6-Month Price Index
Comparable Companies
ISX:KMTR ISX:INDS ISX:TYRE ISX:AEGS ISX:DRMA ISX:SMSM ISX:AUTO TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON LKQ SHSE:601689 SZSE:002920
Traded in Other Exchanges
N/A
Address
Jalan Hayam Wuruk No. 8, Wisma Hayam Wuruk 10th Floor, Jakarta, IDN, 10120
Website
https://www.gt-tires.com
PT Gajah Tunggal Tbk is a tire manufacturer in Indonesia. Its operating segment consists of the manufacturing of tire, tire cord, synthetic rubber, nylon yarn, and others. The tires are used for passenger and commercial vehicles which include passenger car, truck, bus, motorcycles, and others. The business and sales activities are performed through various countries such as Asia, America, Europe, Middle East, Africa, Australia, and Oceania under the brand GT Radial, Gajah Tunggal, IRC, and Zeneos. It derives a vast majority of its revenue from the manufacture of tires in Java.

PT Gajah Tunggal Tbk (ISX:GJTL) Headlines

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