Multitrend Indo Tbk vs Paninvest Tbk. — how do they compare? Multitrend Indo Tbk trades at Rp174 (market cap 485.32B, 589.3K 24h volume), while Paninvest Tbk. trades at Rp720 (market cap 2.97T, 152.6K 24h volume). The key difference: Paninvest Tbk. is far larger — about 6.1× Multitrend Indo Tbk's market cap, and Multitrend Indo Tbk is more actively traded (589.3K versus 152.6K). Which is the better fit depends on your goals.
| BABY | PNIN | |
|---|---|---|
Market Cap | 485.32B | 2.97T |
Volume | 589.3K | 152.6K |
Lot | 5.89K | 1.53K |
Turnover | 101.82M | 109.38M |
Average Price | 172.78 | 716.76 |
Value | 101.82M | 109.38M |
Indicative Equilibrium Price | 174 | 720 |
Indicative Equilibrium Volume | 60 | 3 |
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 Paninvest Tbk formerly PT Panin Insurance Tbk (the Company) was established in Jakarta under the name PT Pan-Union Insurance Ltd., based on Notarial Deed No. 84 dated October 24, 1973 of Notary Juliaan Nimrod Siregar Gelar Mangaradja Namora, S.H. The Company is one of the companies under Pan Indonesia (Panin) Group. Based on the Minutes of General Shareholders's Meeting held on June 28, 2013 which was notarized in Notarial Deed of Kumala Tjahjani Widodo, S.H., M.H.,Mkn., No.78, dated June 28, 2013, the shareholders agree the plan to change the Company's main business activity from general insurance company to tourism and transferred its general insurance portfolio along with portion of its assets and liabilities related to general insurance business to PT Asuransi Umum Panin, subsidiary.
Read more on PNIN →