Bumi Resources Tbk vs Krakatau Steel (Persero) Tbk. — how do they compare? Bumi Resources Tbk trades at Rp148 (market cap 55.33T, 1.31B 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp224 (market cap 4.41T, 10.07M 24h volume). The key difference: Bumi Resources Tbk is far larger — about 12.5× Krakatau Steel (Persero) Tbk.'s market cap, and Bumi Resources Tbk is more actively traded (1.31B versus 10.07M). Which is the better fit depends on your goals.
| BUMI | KRAS | |
|---|---|---|
Market Cap | 55.33T | 4.41T |
Volume | 1.31B | 10.07M |
Lot | 13.12M | 100.67K |
Turnover | 196.23B | 2.28B |
Average Price | 149.57 | 226.43 |
Value | 196.23B | 2.28B |
Indicative Equilibrium Price | 148 | 224 |
Indicative Equilibrium Volume | 446.31K | 3.88K |
Trailing returns across standard periods
Latest headlines on both assets
PT Bumi Resources Tbk was established in the Republic of Indonesia on June 26, 1973 based on Notarial Deed No. 130 and No. 103 dated Novmeber 28, 1973, both made by Djoko Soepadmo, S.H., notary in Surabaya. PT. Bumi Resources Tbk, previously named PT. Bumi Modern Tbk. (Company) is a Domestic Investment Company (PMDN), initially engaged in hotel and tourism industry. The Company has carried out diversification of activities expected to improve optimal return for shareholders. The Company deems it necessary to change the previous business activities, namely Hotel and Tourism Industries to Oil and Natural Gas Mining Industries.
Read more on BUMI →PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
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