$CGAS Berikut adalah perhitungan harga wajar saham CGAS berdasarkan beberapa metode:
Metode PER (Price to Earnings Ratio)
PER = Harga Saham / Laba per Saham
Laba per Saham = Net Income / Jumlah Saham
= 14.000.000.000 / 1.770.000.000
= 7,91
PER = 92 / 7,91
= 11,63
Harga wajar berdasarkan PER = Laba per Saham x PER industri (asumsi PER industri = 15)
= 7,91 x 15
= 118,65
Metode PBV (Price to Book Value)
PBV = Harga Saham / Nilai Buku per Saham
Nilai Buku per Saham = Total Ekuitas / Jumlah Saham
= 251.000.000.000 / 1.770.000.000
= 141,76
PBV = 92 / 141,76
= 0,65
Harga wajar berdasarkan PBV = Nilai Buku per Saham x PBV industri (asumsi PBV industri = 1,5)
= 141,76 x 1,5
= 212,64
Metode Price to Sales
Price to Sales = Harga Saham / Pendapatan per Saham
Pendapatan per Saham = Revenue / Jumlah Saham
= 483.000.000.000 / 1.770.000.000
= 272,88
Price to Sales = 92 / 272,88
= 0,34
Harga wajar berdasarkan Price to Sales = Pendapatan per Saham x Price to Sales industri (asumsi Price to Sales industri = 0,5)
= 272,88 x 0,5
= 136,44
Berdasarkan perhitungan di atas, harga wajar saham CGAS adalah:
- Berdasarkan PER: 118,65
- Berdasarkan PBV: 212,64
- Berdasarkan Price to Sales: 136,44
HARGA WAJAR = 118-212