Bank BTPN Tbk vs PP (Persero) Tbk. — how do they compare? Bank BTPN Tbk trades at Rp2,190 (market cap 23.18T, 6.8K 24h volume), while PP (Persero) Tbk. trades at Rp206 (market cap 1.3T, 6.65M 24h volume). The key difference: Bank BTPN Tbk is far larger — about 17.8× PP (Persero) Tbk.'s market cap, and PP (Persero) Tbk. is more actively traded (6.65M versus 6.8K). Which is the better fit depends on your goals.
| BTPN | PTPP | |
|---|---|---|
Market Cap | 23.18T | 1.3T |
Volume | 6.8K | 6.65M |
Lot | 68 | 66.46K |
Turnover | 15.02M | 1.36B |
Average Price | 2,208.97 | 205.22 |
Value | 15.02M | 1.36B |
Indicative Equilibrium Price | 2,200 | 210 |
Indicative Equilibrium Volume | 1.4K | 5.5K |
Trailing returns across standard periods
Latest headlines on both assets
Bank Tabungan Pensiunan Nasional, PT (the company) was established by notarial deed no.31 dated Feb 16, 1985 of komar Andasasmita, SH. The Bank's Articles of Association have been amended several times, including through Notarial Deed no. 11 dated Mar 3, 2006 of notary Sutjipto, SH. The amendment is to revise the Bank's Articles of Assotiation to comply with the regulation of the Indonesia Stock Exchange and the Capital Markets Supervisory Agency and Financial Institution in relation to the planned initial public offering.The Bank started its commercial operation in banking activities since 1985. Based on the Ministry of Finance decision letter No.135/KM/11/1986, the Bank was granted a license to operate as a commercial bank.
Read more on BTPN →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 →