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PT Indocement Tunggal Prakarsa Tbk (PT Indocement Tunggal Prakarsa Tbk) 6-Month Price Index : 1.00 (As of Apr. 30, 2024)


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What is PT Indocement Tunggal Prakarsa 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 (2024-04-30), PT Indocement Tunggal Prakarsa Tbk's 6-Month Price Index is 1.00.

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

For the Building Materials subindustry, PT Indocement Tunggal Prakarsa 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 Indocement Tunggal Prakarsa Tbk  (OTCPK:PITPY) 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 Indocement Tunggal Prakarsa Tbk  (OTCPK:PITPY) 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 Indocement Tunggal Prakarsa Tbk 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of PT Indocement Tunggal Prakarsa Tbk's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Indocement Tunggal Prakarsa Tbk (PT Indocement Tunggal Prakarsa Tbk) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Indocement Tunggal Prakarsa Tbk (OTCPK:PITPY) » Definitions » 6-Month Price Index
Comparable Companies
ISX:SMGR ISX:CMNT ISX:SMCB ISX:SMBR ISX:WSBP ISX:BEBS ISX:WTON ISX:CTTH CRH XSWX:HOLN NSE:ULTRACEMCO VMC MLM SHSE:600585 XKRX:003670 NSE:GRASIM XTER:HEI BOM:500387 ASX:JHX BOM:500425
Traded in Other Exchanges
INTP:Indonesia ITP:Germany
Address
Jalan Jenderal Sudirman Kavling 70-71, Wisma Indocement, 13th Floor, Jakarta, IDN, 12910
Website
https://www.indocement.co.id
PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement, concrete, and cement-related products. The firm operates in three segments cement, ready-mix concrete, and aggregates quarries. The Cement segment, which generates the vast majority of revenue, sells cement under the Tiga Roda brand, primarily to retailers and the residential construction industry. The Ready-Mix Concrete segment sells concrete to the building and construction industries.

PT Indocement Tunggal Prakarsa Tbk (PT Indocement Tunggal Prakarsa Tbk) Headlines

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