Lippo General Insurance Tbk PT Stock

Lippo General Insurance Tbk PT Market capitalization 2024

Lippo General Insurance Tbk PT Market capitalization

1.01 T IDR

Ticker

LPGI.JK

ISIN

ID1000068109

In 2024, Lippo General Insurance Tbk PT's market cap stood at 1.01 T IDR, a -37.67% increase from the 1.61 T IDR market cap in the previous year.

The Lippo General Insurance Tbk PT Market capitalization history

YEARMarket Capitalization (undefined IDR)
20231.01
20221.45
20210.56
20200.53
20190.53
20180.61
20170.81
20160.66
20150.38
20140.33
20130.22
20120.12
20110.12
20100.06
20090.04
20080.04
20070.04
20060.03
20050.04
20040.03

Lippo General Insurance Tbk PT Aktienanalyse

What does Lippo General Insurance Tbk PT do?

Lippo General Insurance Tbk PT, also known as LGI, is an Indonesian insurance company based in Jakarta. The company was founded in 1985 and has been listed on the stock exchange since 1994. With over 30 years of experience and strong growth in recent years, LGI is now one of the largest insurance companies in Indonesia. LGI's business model is to offer its customers a wide range of insurance products. The company focuses on three main business areas: property insurance, vehicle insurance, and health insurance. In each of these business areas, LGI offers a comprehensive range of products tailored to the individual needs of customers. In the property insurance area, LGI offers a variety of insurances, such as fire and theft insurance, liability insurance, and legal protection insurance. These products are particularly interesting for companies and individuals who want to protect their risks. In the vehicle insurance sector, LGI offers products such as liability, comprehensive, collision, and accident insurance. The insurances can be offered in various ways, such as one-year or annual contracts, to meet the needs of customers. LGI also offers special vehicle insurances for motorcycles, trucks, and buses. In the health insurance area, LGI offers a comprehensive range of health products and specializes in the individual needs of individuals and companies. The health insurance products include, among others, hospital and outpatient care, dental care, and medical evacuation. The company also specializes in specialty insurances such as travel cancellation insurance, occupational accident insurance, and other special insurance products tailored to the needs of individual customers. LGI's products are marketed through a wide network of insurance agents and distribution partners. The company works closely with brokers to achieve maximum product distribution and high customer satisfaction. The financial strength and strong growth of LGI are supported by several awards from the insurance sector. For example, LGI was named the best Indonesian general insurance company. In 2015, the company also received the "Indonesia WOW Brand Award" from MarkPlus, Inc. for its outstanding performance in the Indonesian insurance landscape and excellent brand management. In summary, LGI offers a wide range of customized insurance products tailored to the needs of private and business customers. The company has emerged as one of the leading insurance companies in Indonesia through its experience and strong growth in recent years, and continues to strive to provide its customers with the highest quality and reliability. Lippo General Insurance Tbk PT ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Lippo General Insurance Tbk PT's Market Capitalization

Lippo General Insurance Tbk PT's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Lippo General Insurance Tbk PT's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Lippo General Insurance Tbk PT's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Lippo General Insurance Tbk PT’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Lippo General Insurance Tbk PT stock

What is the current Lippo General Insurance Tbk PT market capitalization?

The current market capitalization of Lippo General Insurance Tbk PT is 1.01 T IDR.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Lippo General Insurance Tbk PT.

How has the market capitalization of Lippo General Insurance Tbk PT developed in recent years?

The market capitalization of Lippo General Insurance Tbk PT has increased/decreased by -37.67% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Lippo General Insurance Tbk PT?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Lippo General Insurance Tbk PT?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Lippo General Insurance Tbk PT have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Lippo General Insurance Tbk PT pay?

Over the past 12 months, Lippo General Insurance Tbk PT paid a dividend of 54 IDR . This corresponds to a dividend yield of about 1.61 %. For the coming 12 months, Lippo General Insurance Tbk PT is expected to pay a dividend of 54 IDR.

What is the dividend yield of Lippo General Insurance Tbk PT?

The current dividend yield of Lippo General Insurance Tbk PT is 1.61 %.

When does Lippo General Insurance Tbk PT pay dividends?

Lippo General Insurance Tbk PT pays a quarterly dividend. This is distributed in the months of August, August, August, June.

How secure is the dividend of Lippo General Insurance Tbk PT?

Lippo General Insurance Tbk PT paid dividends every year for the past 16 years.

What is the dividend of Lippo General Insurance Tbk PT?

For the upcoming 12 months, dividends amounting to 54 IDR are expected. This corresponds to a dividend yield of 1.61 %.

In which sector is Lippo General Insurance Tbk PT located?

Lippo General Insurance Tbk PT is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Lippo General Insurance Tbk PT kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Lippo General Insurance Tbk PT from 5/31/2024 amounting to 27 IDR, you needed to have the stock in your portfolio before the ex-date on 5/13/2024.

When did Lippo General Insurance Tbk PT pay the last dividend?

The last dividend was paid out on 5/31/2024.

What was the dividend of Lippo General Insurance Tbk PT in the year 2023?

In the year 2023, Lippo General Insurance Tbk PT distributed 666.67 IDR as dividends.

In which currency does Lippo General Insurance Tbk PT pay out the dividend?

The dividends of Lippo General Insurance Tbk PT are distributed in IDR.

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Andere Kennzahlen von Lippo General Insurance Tbk PT

Our stock analysis for Lippo General Insurance Tbk PT Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Lippo General Insurance Tbk PT Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.