Price movement over the last 24 hours
ABM Investama Tbk vs PP (Persero) Tbk. — how do they compare? ABM Investama Tbk trades at Rp2,290 (market cap 6.3T, 238.5K 24h volume), while PP (Persero) Tbk. trades at Rp192 (market cap 1.23T, 7.48M 24h volume). The key difference: ABM Investama Tbk is far larger — about 5.1× PP (Persero) Tbk.'s market cap, and PP (Persero) Tbk. is more actively traded (7.48M versus 238.5K). Which is the better fit depends on your goals.
| ABMM | PTPP | |
|---|---|---|
Market Cap | 6.3T | 1.23T |
Volume | 238.5K | 7.48M |
Lot | 2.39K | 74.82K |
Turnover | 547.11M | 1.47B |
Average Price | 2,293.95 | 195.81 |
Value | 547.11M | 1.47B |
Indicative Equilibrium Price | 2,290 | 192 |
Indicative Equilibrium Volume | 29 | 1.24K |
Trailing returns across standard periods
Latest headlines on both assets
ABM Investama, PT (the company) was established under its original name of PT Adiratna Bani Makmur on Jun 1, 2006 then changed to PT ABM Investama Tbk based on Notaries Deed dated Aug 31, 2009. The deed of establishment was approved by the the Ministry of Justice dated Oct 16, 2009. The Company’s articles of association has been amended several times, most recently by notarial deed No. 163 of Mrs. Aulia Taufani, S.H., dated Jul 21, 2011, concerning among others, public offering of stock.
Read more on ABMM →PT PP (Persero) was established under the name of NV Pembangunan Perumahan based on the Notarial Deed No. 48 of August 26, 1953. At the time it was established PT PP (Persero) was entrusted to build houses for the officers of PT Semen Gresik Tbk, a subsidiary of BAPINDO in Gresik. Along with increased trust, PT PP (Persero) received the duty to construct large projects that were related to war compensations the Government of Japan paid to the Republic of Indonesia, namely : - Hotel Indonesia, Bali Beach Hotel, - Ambarukmo Palace Hotel and - Samudera Beach Hotel.1960 In compliance to Government Regulation No. 63 year 1960, PN (Perusahaan Negara) Pembangunan Perumahan changed into PN Pembangunan Perumahan. 1962 In 1962, PT PP (Persero) completed the construction of Hotel Indonesia, a 14 stories with 427 rooms, which at the time was the highest building in Indonesia. 1971 In compliance to the Government Regulation No. 39 year 1971, PN Pembangunan Perumahan changed and become PT Pembangunan Perumahan (Persero), which was legalized through the Deed No. 78 dated March 15, 1973. The Company's core business was construction services. 1991-2007 For more than five decades, PT PP (Persero) has been a key player in the national construction business. Several mega projects have been constructed in that period. Subsequently, starting in 1991, PT PP (Persero) diversified its business, including office space rental at Plaza PP and realty business development in the area of Cibubur, and also the establishment of several subsidiaries through partnerships with foreign companies, among others PT PP Taisei Indonesia Construction and PT Mitracipta Polasarana.
Read more on PTPP →