Cara Mencari Saham Salah Harga seperti Lo Kheng Hong (PBV & PER)

Summary

In this video, Luna introduces viewers to the concept of selecting undervalued stocks, explaining the importance of analyzing a company's financial health beyond just its stock price. She covers two key indicators for evaluating stocks: Price-to-Earnings Ratio (PER) and Price-to-Book Value (PBV) Ratio. Luna also emphasizes the importance of using data from platforms like RTI Business or Stockbit for beginners and advises considering multiple factors like earnings, debt, and industry conditions when making investment decisions. The video offers a beginner-friendly approach to understanding stock valuation and encourages viewers to subscribe for more financial insights.

Takeaways

• 😀 Cheap stocks are those whose price is lower than the actual value of the company (undervalued).
• 😀 A stock priced at 50 rupiah may not be cheap if the company's value doesn’t justify it.
• 😀 You don’t need to immediately dive into complex financial reports. Start with summarized data from platforms like RTI Business or Stockbit.
• 😀 The two key indicators to assess cheap stocks are Price Earning Ratio (PER) and Price to Book Value Ratio (PBV).
• 😀 The Price Earning Ratio (PER) compares a company's stock price with its ability to generate profits (EPS).
• 😀 A lower PER indicates that a stock is potentially undervalued, with PER under 10 often considered cheap.
• 😀 To calculate PER, divide the stock price by the Earnings Per Share (EPS). For example, if the stock is 1000 rupiah and the EPS is 100 rupiah, the PER is 10.
• 😀 The Price to Book Value Ratio (PBV) compares the stock price with the company's net worth (assets minus liabilities).
• 😀 A PBV under 1 is often considered undervalued, as the stock price is lower than the company’s net worth.
• 😀 Always consider multiple factors when evaluating a stock, such as revenue, debt, and industry conditions—not just PER and PBV.
• 😀 Even though a stock may appear cheap, it’s crucial to ensure the company is fundamentally strong before buying it.

Q & A

What does it mean for a stock to be considered 'cheap'?

A 'cheap' stock refers to one that is priced lower than its intrinsic value, which means the stock price is undervalued compared to the company's actual worth. To determine if a stock is cheap, you should compare its price with the company's overall financial health and performance.

How do you determine if a stock is undervalued?

To determine if a stock is undervalued, you need to analyze key financial ratios like the Price to Earnings (PER) ratio and the Price to Book Value (PBV) ratio. These help assess if the stock is priced lower than its actual value based on earnings and equity.

What is the Price to Earnings (PER) ratio?

The Price to Earnings (PER) ratio is a metric that compares the price of a stock to the company's earnings per share (EPS). It indicates how many times the market is willing to pay for each unit of the company's profit. A lower PER suggests the stock may be undervalued.

What does a high or low PER ratio indicate about a stock?

A high PER ratio suggests the stock is expensive and might be overvalued, while a low PER ratio suggests the stock might be undervalued and cheaper. Generally, stocks with a PER below 10 are considered relatively cheap, but the industry context matters.

How do you calculate the PER of a stock?

To calculate the PER, divide the stock price by the earnings per share (EPS). For example, if a stock price is 1000 rupiah and the EPS is 100 rupiah, the PER would be 10x. This means the stock price is 10 times the earnings per share.

What is the Price to Book Value (PBV) ratio?

The Price to Book Value (PBV) ratio compares the stock price to the company’s book value per share, which is calculated by subtracting the company’s liabilities from its assets. A lower PBV ratio suggests the stock might be undervalued compared to its book value.

What does a PBV ratio of 0.5 mean?

A PBV ratio of 0.5 means that the stock is priced at half of the company's book value per share. This could indicate that the stock is undervalued relative to the company's net worth or assets.

What factors besides PER and PBV should be considered when evaluating a stock?

In addition to PER and PBV, it's important to consider other factors such as the company’s revenue, debt ratio, tax liabilities, assets, industry trends, and overall economic conditions. A comprehensive evaluation ensures a more informed investment decision.

Can a stock with a low PER always be considered a good investment?

No, a low PER alone does not guarantee that a stock is a good investment. While it may suggest that the stock is undervalued, it is essential to evaluate the company's financial health, industry conditions, and other relevant factors to determine whether it's a wise investment.

How can beginners start evaluating stocks without getting overwhelmed by financial reports?

Beginners can start by using platforms like RTI Business, Stockbit, or securities apps, which summarize key data and ratios such as PER and PBV for various companies. As you gain experience, you can gradually delve deeper into financial statements and reports.