State-owned construction firm PT Pembangunan Perumahan (PTPP) Tbk is among the best performers on Indonesia Stock Exchange (IDX) so far this year with 104% gain.┬áThe company’s first half 2014 financial performance, however, was far from convincing with net profit growth of 2.2% only. With annualized ROE of less than 15%, the stock is traded with PE multiple almost 40?

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