PT Vale Indonesia Tbk engages in the exploration and mining, processing, storage, transportation, and marketing of nickel and related mineral products in Indonesia, Canada, and Japan. It operates a concession area of 118,017 hectares located in central, south, and southeast Sulawesi. The company also explores for iron ore and pellets, nickel, manganese and ferroalloys, coal, and copper deposits. In addition, it provides railroad, port and terminal, and shipping logistics services; operates three hydroelectric plants; and transmits and distributes energy, as well as engages in steelmaking activities. The company was formerly known as PT International Nickel Indonesia Tbk and changed its name to PT Vale Indonesia Tbk in September 2011. The company was incorporated in 1968 and is headquartered in Jakarta, Indonesia.
P/B ratio for PT Vale Indonesia Tbk (INCO.JK)
P/B ratio as of 2023: 1.11
According to PT Vale Indonesia Tbk's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.11. At the end of 2022 the company had a P/B ratio of 1.89.
P/B ratio history for PT Vale Indonesia Tbk from 2005 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.11 |
| 2022 | 1.89 |
| 2021 | 1.49 |
| 2020 | 1.73 |
| 2019 | 1.32 |
| 2018 | 1.19 |
| 2017 | 1.15 |
| 2016 | 1.11 |
| 2015 | 0.63 |
| 2014 | 1.60 |
| 2013 | 1.19 |
| 2012 | 1.49 |
| 2011 | 1.95 |
| 2010 | 3.15 |
| 2009 | 2.39 |
| 2008 | 1.13 |
| 2007 | 7.31 |
| 2006 | 2.12 |
| 2005 | 1.04 |