Budi Starch Sweetener Tbk vs Bukit Asam Tbk. — how do they compare? Budi Starch Sweetener Tbk trades at Rp206 (market cap 935.79B, 20.1K 24h volume), while Bukit Asam Tbk. trades at Rp2,420 (market cap 27.88T, 6.31M 24h volume). The key difference: Bukit Asam Tbk. is far larger — about 29.8× Budi Starch Sweetener Tbk's market cap, and Bukit Asam Tbk. is more actively traded (6.31M versus 20.1K). Which is the better fit depends on your goals.
| BUDI | PTBA | |
|---|---|---|
Market Cap | 935.79B | 27.88T |
Volume | 20.1K | 6.31M |
Lot | 201 | 63.09K |
Turnover | 4.18M | 15.2B |
Average Price | 207.72 | 2,409.78 |
Value | 4.18M | 15.2B |
Indicative Equilibrium Price | 208 | 2,420 |
Indicative Equilibrium Volume | 13.8K | 3.16K |
Trailing returns across standard periods
Latest headlines on both assets
PT Budi Starch & Sweetener Tbk (the Company) formerly Budi Acid Jaya (BAJ) was established based on Notarial Deed No. 15 dated January 15, 1979 of Henk Limanow, SH., public notary in Jakarta. PT Budi Starch & Sweetener Tbk is the world`s largest tapioca starch producer. BAJ is an integrated cassava based manufacturer : citric acid, modified tapioca starch and monosodium glutamate (MSG). It also produces sulphuric acid and poly propelene woven bag.
Read more on BUDI →PT Bukit Asam (Persero) Tbk was established on March 2nd 1981 in Tanjung Enim as PT. Tambang Batubara Bukit Asam. However the mine working have been exploited since 1919 under Government of Netherland Indie. Take over by Japan on 1942, and nationalized by Indonesian Government on 1945. On October 30th 1990, government merged Perum Tambang Batubara, Sawahlunto in the corporate. On 1983, corporate assigned by government to develop coal briquet. Employees 4021 personnel.
Read more on PTBA →