Shares of Bank Permata (BNLI) inched up 0.88% to Rp575 Tuesday (Apr 24). At this price, Bank Permata—-co-owned by Astra International (ASII) and Standard Chartered Bank (SCB)—-has market capitalization of Rp16.13 trillion, way below its equity (Rp21.6 trillion by March 31, 2018). Permata is one of few banks with total assets above Rp100 trillion that valued below equity.To subscribe please click here