Multitrend Indo Tbk vs Perusahaan Gas Negara Tbk. — how do they compare? Multitrend Indo Tbk trades at Rp174 (market cap 485.32B, 589.3K 24h volume), while Perusahaan Gas Negara Tbk. trades at Rp1,530 (market cap 35.51T, 44.78M 24h volume). The key difference: Perusahaan Gas Negara Tbk. is far larger — about 73.2× Multitrend Indo Tbk's market cap, and Perusahaan Gas Negara Tbk. is more actively traded (44.78M versus 589.3K). Which is the better fit depends on your goals.
| BABY | PGAS | |
|---|---|---|
Market Cap | 485.32B | 35.51T |
Volume | 589.3K | 44.78M |
Lot | 5.89K | 447.84K |
Turnover | 101.82M | 67.15B |
Average Price | 172.78 | 1,499.33 |
Value | 101.82M | 67.15B |
Indicative Equilibrium Price | 174 | 1,530 |
Indicative Equilibrium Volume | 60 | 36.35K |
Trailing returns across standard periods
Latest headlines on both assets
PT Multitrend Indo Tbk ("Company") was established based on notary deed Drs. Wijanto Suwongso, SH, No. 20 dated September 7, 2004 and has beeen approved by the Ministry of Justice and Human Rights of Republic of Indonesia in its Decision Decree No. C-25996 HT.01.01.TH.2004 dated October 19 2004, and announced in the State Gazette No. 96 dated November 30, 2004, Supplement to the State Gazette of the Republic of Indonesia No. 11708. The Company started its commercial operations in 2004. PT Kanmo Retailindo are the parent entity and the ultimate parent of the Company.
Read more on BABY →PT Perusahaan Gas Negara (Persero) (the company) originated from a private Dutch company named Firma L.J.N Eindhoven & Co. Gravenhage, which was established in 1859. The company was named NV. Netherland Indische Gaz Maatscapij when the Dutch took control in 1950. In 1958, when Government of Indonesia took over company, the name was changed to Badan Pengambil Alih Perusahaan-perusahaan Listrik dan Gas (BP3LG), and then became BPU-PLN in 1961. On May 13, 1965, the company was established as a state company and known as PN Gas. In 1984, PN Gas converted into public service enterprices (perum) under the name of Perum Gas. And in 1996 the status of company was changed to PT Perusahaan Gas Negara (Persero).
Read more on PGAS →