PT Bank Central Asia Tbk (BBCA) continues to lead the market capitalization of banks listed on the Indonesia Stock Exchange. Based on Bloomberg data, the market capitalization of Bank BCA reached Rp 530.08 trillion. This figure is far above the capitalization of state-owned banks such as PT Bank Rakyat Indonesia Tbk, PT Bank Mandiri (Persero) Tbk, and other banks.
On December 27, 2017, Bank BCA's share price was at Rp 21,525 per share with a price-to-earnings ratio (PER) of 23.73 times. This is above its sector's PER of 21.24 times and also above the Jakarta Stock Exchange's PER of 22.93 times. Similarly, the price-to-book value (PBV) ratio reached 4.16 times, also above its sector's PBV of 2.93 times.
The share price of the bank owned by conglomerates Bambang Hartono and Robert Budi Hartono rose 38.87 percent throughout 2017 from Rp 15,500 per share at the end of 2016. Meanwhile, this bank, which has assets of Rp 739.88 trillion, recorded an 11.34 percent increase in profit to Rp 16.13 trillion until the third quarter of 2017.
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