{
    "success": true,
    "data": {
        "id": 1749459,
        "msgid": "ceo-danantara-indonesian-banking-stocks-still-below-fair-value-bca-sekuritas-1779546151",
        "date": "2026-05-19 14:35:34",
        "title": "CEO Danantara: Indonesian Banking Stocks Still Below Fair Value - BCA Sekuritas",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Investment",
        "summary": "Rosan Roeslani, CEO of Danantara Indonesia, says Indonesian banking stocks remain undervalued with PBV below 1, signalling upside as valuations normalise to above 2\u20133 times PBV. He notes market volatility is normal but fundamentals are solid and yields attractive, and cites rising retail investor numbers and ongoing BEI\/OJK education supporting medium- to long-term market growth.",
        "content": "<p>In remarks at a press conference at the BEI Building in Jakarta on\nTuesday, Rosan Roeslani, Chief Executive Officer of Danantara Indonesia,\nsaid that banking stocks on the Indonesia Stock Exchange were currently\ntrading at undervalued levels, with the price-to-book value (PBV) below\n1. In normal conditions, he explained, valuations of banking sector\nequities should be in the range of more than 2 to 3 times PBV.\n\u201cMoreover, when we look at banking, from its Price to Book, it is below\n1; under normal circumstances it would be above 2 to 3. So there is\ndefinitely upside potential,\u201d Rosan said. He added that price volatility\nin the stock market is normal. He stressed that, fundamentally, the\nissuers in Indonesia\u2019s capital market are solid and offer attractive\npotential returns. \u201cSo, we from Danantara see that there will indeed be\nups and downs in the exchange. But if we look at the company\u2019s\nfundamentals, it is good, with high yield, and current pricing is very\ngood,\u201d Rosan said. He noted that this conviction aligns with the\npositive development in the number of retail investors in Indonesia\u2019s\ncapital market. He revealed that the number of retail investors has\nreached 26\u201327 million, a significant rise from around 20 million in the\nprevious year, an increase of about 6 million investors. He said the\nrise reflects growing confidence in the prospects for Indonesia\u2019s\ncapital market going forward. \u201cLogically, this increase happens because\nour investors believe the exchange will improve and be promising. If\nnot, the number of investors would actually fall. If this market had no\nprospects, the logic would be different,\u201d Rosan said. He added that\ninvestor growth is inseparable from ongoing educational efforts by BEI\nand the Financial Services Authority (OJK), especially towards domestic\ninvestors and younger demographics whose growth is considered\nsignificant. He argued that such education is important to show that\ninvesting in the capital market is a medium- to long-term instrument\nthat can yield good returns while supporting economic growth. \u201cInvesting\nin the capital market is a medium- to long-term investment that can\nyield good returns and contribute to our ongoing growth,\u201d Rosan\nsaid.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ceo-danantara-indonesian-banking-stocks-still-below-fair-value-bca-sekuritas-1779546151",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}