PT Provident Investasi Bersama Tbk has a current ratio of 21.88. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
ISX:PALM'
s Current Ratio Range Over the Past 10 Years
Min: 0.02 Med: 1.65 Max: 164.62
Current: 21.88
During the past 13 years, PT Provident Investasi Bersama Tbk's highest Current Ratio was 164.62. The lowest was 0.02. And the median was 1.65.
ISX:PALM's Current Ratio is ranked better than 81.7% of 705
companies
in the Asset Management industry
Industry Median: 3.01
vs ISX:PALM: 21.88
PT Provident Investasi Bersama Tbk (ISX:PALM) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
PT Provident Investasi Bersama Tbk Current Ratio Related Terms
PT Provident Investasi Bersama Tbk Current Ratio Historical Data
* 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 Provident Investasi Bersama Tbk Current Ratio Chart
ISX:PALM vs BLK, BX, KKR: Current Ratio Comparison
For the Asset Management subindustry, PT Provident Investasi Bersama Tbk's Current Ratio, along with its competitors' market caps and Current Ratio 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 Provident Investasi Bersama Tbk Current Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PT Provident Investasi Bersama Tbk's Current Ratio distribution charts can be found below:
* The bar in red indicates where PT Provident Investasi Bersama Tbk's Current Ratio falls into.
* 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 Provident Investasi Bersama Tbk (ISX:PALM) has a Current Ratio of 21.88 as of Mar. 2026. This is 1226% above median its historical median of 1.65. Over the past decade, PT Provident Investasi Bersama Tbk's Current Ratio has ranged from 0.02 to 164.62. According to the industry distribution chart, PT Provident Investasi Bersama Tbk ranks #129 out of 705 companies in the Asset Management industry, placing it in the top 18.3%.
Is PT Provident Investasi Bersama Tbk's Current Ratio too high?
PT Provident Investasi Bersama Tbk's current Current Ratio of 21.88 is 1226% above median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 164.62. The Asset Management industry median Current Ratio is 3.01. PT Provident Investasi Bersama Tbk's value of 21.88 is 626.9% above this industry median. Based on the distribution chart, PT Provident Investasi Bersama Tbk ranks #129 out of 705 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, PT Provident Investasi Bersama Tbk has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Provident Investasi Bersama Tbk's Current Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, PT Provident Investasi Bersama Tbk ranks #129 out of 705 companies for Current Ratio. This places PT Provident Investasi Bersama Tbk in the top 18% of its industry — outperforming the majority of peers. The industry median Current Ratio is 3.01. PT Provident Investasi Bersama Tbk's value of 21.88 is 626.9% above this benchmark. Historically, PT Provident Investasi Bersama Tbk's own Current Ratio has ranged from 0.02 to 164.62 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 3.01, PT Provident Investasi Bersama Tbk has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Asset Management company?
The median Current Ratio among Asset Management companies is 3.01, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Provident Investasi Bersama Tbk's current Current Ratio of 21.88 is 626.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median Current Ratio is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Provident Investasi Bersama Tbk's current Current Ratio is 21.88, which is 1226% above median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Provident Investasi Bersama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Provident Investasi Bersama Tbk (ISX:PALM) is currently considered Possible Value Trap. The stock's GF Value™ is Rp4,242.66, compared to a current price of Rp290.00 — trading 93.2% below its estimated fair value. The current Current Ratio is 21.88, which is 1226% above median its 10-year median of 1.65 and 626.9% above the Asset Management industry median of 3.01. PT Provident Investasi Bersama Tbk's overall GF Score™ is 51/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For PT Provident Investasi Bersama Tbk (ISX:PALM), the current Current Ratio is 21.88 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PT Provident Investasi Bersama Tbk (ISX:PALM) Overvalued in 2026?
Based on GuruFocus' analysis, PT Provident Investasi Bersama Tbk stock appears to be undervalued.
The current stock price of Rp290.00 is trading 93.2% below its estimated GF Value™ of Rp4,242.66.
GuruFocus considers PT Provident Investasi Bersama Tbk to be Possible Value Trap.
Key valuation signals for ISX:PALM:
Current Ratio: 21.88 (1226% above median its 10-year median of 1.65)
GF Value™: Rp4,242.66 vs. price of Rp290.00 (93.2% below fair value)
Industry Position: 626.9% above the Asset Management median (#129 of 705)
No single metric tells the full story. See the ISX:PALM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Provident Investasi Bersama Tbk Business Description
AddressJalan H.R. Rasuna Said, Kawasan Rasuna Epicentrum, Gedung The Convergence Building 21st Floor, Gran Rubina Business Park, Karet Kuningan, Setiabudi, Jakarta, IDN, 12940
PT Provident Investasi Bersama Tbk is an investment company. The company has four operating segments Natural resources engaged in the mining of gold, silver, copper, nickel, and other associated minerals, as well as related industrial; Logistic ; Telecommunication company providing telecommunications services and/or telecommunications networks and/or multimedia.; and Other equity securities. The company generates majority of revenue from Natural resources.
51GF Score
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