Bumi Teknokultura Unggul Tbk vs PP (Persero) Tbk. — how do they compare? Bumi Teknokultura Unggul Tbk trades at Rp10 (market cap 462.77B, 42.64M 24h volume), while PP (Persero) Tbk. trades at Rp210 (market cap 1.25T, 11.12M 24h volume). The key difference: PP (Persero) Tbk. is far larger — about 2.7× Bumi Teknokultura Unggul Tbk's market cap, and Bumi Teknokultura Unggul Tbk is more actively traded (42.64M versus 11.12M). Which is the better fit depends on your goals.
| BTEK | PTPP | |
|---|---|---|
Market Cap | 462.77B | 1.25T |
Volume | 42.64M | 11.12M |
Lot | 426.36K | 111.21K |
Turnover | 454.59M | 2.32B |
Average Price | 10.66 | 209.01 |
Value | 454.59M | 2.32B |
Indicative Equilibrium Price | 10 | 210 |
Indicative Equilibrium Volume | 90.22K | 669 |
Trailing returns across standard periods
Latest headlines on both assets
PT Bumi Teknokultura Unggul Tbk (the Company) was established based on notarial deed No.12 dated June 6, 2001 of Rusman, SH., notary in Jakarta. The Minister of Justice of the Republic of Indonesia approved the deed of establishment in his decision dated April 23, 2002 and was published in the State Gazette of the Republic of Indonesia No.80 Supplement No.9565 dated Oct 7, 2003. The latest changes in the articles of association of the Company was based on notarial deed No.51 dated October 21, 2003 of Rini Yulianti SH, notary in Jakarta, regarding with public offering.
Read more on BTEK →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.
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