Indonesia Energy Corporation Limited operates as an oil and gas exploration and production company in Indonesia. It holds interests in the Kruh Block, a producing block covering an area of 258 square kilometers with net crude oil proved reserves of 1.52 million barrels located to the northwest of Pendopo, Pali, South Sumatra; and the Citarum Block, an exploration block covering an area of 3,924.67 square kilometers located onshore in West Java. The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia. Indonesia Energy Corporation Limited is a subsidiary of Maderic Holding Limited.
P/B ratio for Indonesia Energy Corporation Limited (INDO)
P/B ratio as of 2023: 1.87
According to Indonesia Energy Corporation Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.87. At the end of 2022 the company had a P/B ratio of 2.39.
P/B ratio history for Indonesia Energy Corporation Limited from 2016 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.87 |
| 2022 | 2.39 |
| 2021 | 2.66 |
| 2020 | 4.49 |
| 2019 | 2.73 |
| 2018 | 15.53 |
| 2017 | -4.10 |
| 2016 | -4.47 |