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PT Indofood Sukses Makmur Tbk (STU:ISM) 6-Month Price Index : 1.04 (As of May. 24, 2024)


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What is PT Indofood Sukses Makmur 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 (2024-05-24), PT Indofood Sukses Makmur Tbk's 6-Month Price Index is 1.04.

Competitive Comparison of PT Indofood Sukses Makmur Tbk's 6-Month Price Index

For the Packaged Foods subindustry, PT Indofood Sukses Makmur 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 Indofood Sukses Makmur Tbk  (STU:ISM) 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 Indofood Sukses Makmur Tbk  (STU:ISM) 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 Indofood Sukses Makmur Tbk 6-Month Price Index Related Terms

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

PT Indofood Sukses Makmur Tbk (STU:ISM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Indofood Sukses Makmur Tbk (STU:ISM) » Definitions » 6-Month Price Index
Comparable Companies
ISX:PANI ISX:MYOR ISX:CMRY ISX:ULTJ ISX:GOOD ISX:STTP ISX:DMND ISX:ROTI ISX:CBUT ISX:SIMP XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
PIFMY:USA PIFMF:USA INDF:Indonesia ISM:Germany
Address
Jalan Jend. Sudirman Kav 76-78, Sudirman Plaza, Indofood Tower, 27th Floor, Jakarta, IDN, 12910
Website
https://www.indofood.com
PT Indofood Sukses Makmur Tbk is an Indonesian packaged food company. Its portfolio is diversified with operations in both raw materials and processed food. The company divides its operations into: Consumer branded products business Group, Bogasari Business Group, Agribusiness Group and Distribution Business Group. The consumer branded products segment produces a varied range of consumer-branded products such as noodles, dairy, snack foods, special foods, food seasonings, and beverages. Bogasari produces, packages, and ships wheat flour and pasta. The agribusiness operations are research, development, production, and marketing of branded cooking oils, margarine and shortening, processes rubber, sugar cane, and other crops. The Distribution segment distributes consumer products.