As of 2025-07-11, the Relative Valuation of Bank Mandiri (Persero) Tbk PT (BMRI.JK) is 5,370.35 IDR. This relative valuation is based on P/E multiples. With the latest stock price at 4,820.00 IDR, the upside of Bank Mandiri (Persero) Tbk PT based on Relative Valuation is 11.4%.
The range of the Relative Valuation is 4,683.19 - 6,054.13 IDR.
Range | Selected | |
Trailing P/E multiples | 8.0x - 9.9x | 9x |
Forward P/E multiples | 7.3x - 9.2x | 8.2x |
Fair Price | 4,683.19 - 6,054.13 | 5,370.35 |
Upside | -2.8% - 25.6% | 11.4% |
(IDR in millions except Fair Price) | |||
Market Cap (IDR mil) | Trailing P/E | Forward P/E | |
Bank Mandiri (Persero) Tbk PT | 445,368,000 | 7.9x | 7.5x |
Bank Negara Indonesia (Persero) Tbk PT | 151,758,880 | 7.1x | 6.5x |
Bank Rakyat Indonesia (Persero) Tbk PT | 580,666,430 | 10x | 8.9x |
Bank Danamon Indonesia Tbk PT | 23,512,242 | 7.6x | 6.8x |
Bank CIMB Niaga Tbk PT | 42,438,816 | 6.1x | 5.7x |
Bank Permata Tbk PT | 121,868,320 | 34.3x | 33.2x |
Bank Syariah Indonesia Tbk PT | 123,760,010 | 17.2x | 15x |
Bank BTPN Tbk PT | 22,336,744 | 8x | 6.9x |
Bank Mega Tbk PT | 38,241,316 | 16.2x | 12.1x |
Bank Pan Indonesia Tbk PT | 27,532,544 | 9.9x | 9.6x |
Industry median | 9x | 8.2x | |
(*) Profit after tax | 56,277,824 | 59,604,216 | |
Equity value | 503,686,525 | 488,754,571 | |
(/) Outstanding shares | 92,400 | 92,400 | |
Fair price | 5,451 | 5,290 | |
July 10, 2025 | 7.91 |
July 09, 2025 | 7.73 |
July 08, 2025 | 7.75 |
July 07, 2025 | 7.78 |
July 04, 2025 | 7.78 |
July 03, 2025 | 7.78 |
July 02, 2025 | 7.83 |
July 01, 2025 | 7.8 |
June 30, 2025 | 8.01 |
June 26, 2025 | 8.25 |
June 25, 2025 | 8.01 |
June 24, 2025 | 8.25 |
June 23, 2025 | 8.08 |
June 20, 2025 | 8.09 |
June 19, 2025 | 8.16 |
June 18, 2025 | 8.33 |
June 17, 2025 | 8.37 |
June 16, 2025 | 8.46 |
June 13, 2025 | 8.46 |
June 12, 2025 | 8.5 |
June 11, 2025 | 8.54 |
June 10, 2025 | 8.62 |
June 05, 2025 | 8.33 |
June 04, 2025 | 8.25 |
June 03, 2025 | 8.29 |
June 02, 2025 | 8.33 |
May 28, 2025 | 8.7 |
May 27, 2025 | 8.87 |
May 26, 2025 | 8.99 |
May 23, 2025 | 8.91 |
May 22, 2025 | 8.95 |
May 21, 2025 | 8.95 |
May 20, 2025 | 8.87 |
May 19, 2025 | 9.07 |
May 16, 2025 | 8.99 |
May 15, 2025 | 8.74 |
May 14, 2025 | 8.29 |
May 09, 2025 | 7.83 |
May 08, 2025 | 7.86 |
May 07, 2025 | 8.13 |
May 06, 2025 | 8.18 |
May 05, 2025 | 8.18 |
May 02, 2025 | 8.14 |
April 30, 2025 | 8.03 |
April 29, 2025 | 8.11 |
April 28, 2025 | 8.08 |
April 25, 2025 | 8.05 |
April 24, 2025 | 8.03 |
April 23, 2025 | 8.05 |
April 22, 2025 | 7.75 |