Bank Pembangunan Daerah Jawa Timur Tbk vs Paninvest Tbk. — how do they compare? Bank Pembangunan Daerah Jawa Timur Tbk trades at Rp515 (market cap 7.58T, 7.89M 24h volume), while Paninvest Tbk. trades at Rp720 (market cap 2.97T, 152.6K 24h volume). The key difference: Bank Pembangunan Daerah Jawa Timur Tbk is far larger — about 2.6× Paninvest Tbk.'s market cap, and Bank Pembangunan Daerah Jawa Timur Tbk is more actively traded (7.89M versus 152.6K). Which is the better fit depends on your goals.
| BJTM | PNIN | |
|---|---|---|
Market Cap | 7.58T | 2.97T |
Volume | 7.89M | 152.6K |
Lot | 78.94K | 1.53K |
Turnover | 4.01B | 109.38M |
Average Price | 507.6 | 716.76 |
Value | 4.01B | 109.38M |
Indicative Equilibrium Price | 515 | 720 |
Indicative Equilibrium Volume | 280 | 3 |
Trailing returns across standard periods
Latest headlines on both assets
PT Bank Pembangunan Daerah Jawa Timur Tbk (the Bank) was established under the name of PT Bank Pembangunan Daerah Djawa Timur dated August 17, 1961. The Bank started its commercial operations in accordance with the Decision Letter of the Minister of Finance of the Republic of Indonesia No. BUM 9-4-5 on August 15, 1961. The Sharia Operating Unit started its commercial operations on August 21, 2007 in accordance with the approval letter from Bank Indonesia No. 9/75/DS/Sb dated April 4, 2007 for the establishment of the Bank's Sharia Unit.
Read more on BJTM →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 →