Shares of ICT retailer Erajaya Swasembada (ERAA) edged lower by 1.5% to Rp394 on Wednesday (Nov 16) to make a market capitalization of Rp6.26 trillion, below equity (Rp6.75 trillion by Sept 30). The last quoted price also reflected PE multiple 6.46 only. The stock has fallen 31.48% year to date.
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