The market value of cigarette giant HM Sampoerna (HMSP) has dropped 23.8% from its recent peak this year but regained 42.4% from its lowest at Rp1,115 on March 19, 2020. HMSP was traded at Rp1,760 on Thursday (July 23) to represent PE multiple 14.88 on its annualized earnings of the first half (H1) of 2020.  To subscribe please click here