Ciputra Development Tbk vs Gunung Raja Paksi Tbk. — how do they compare? Ciputra Development Tbk trades at Rp560 (market cap 10.38T), while Gunung Raja Paksi Tbk. trades at Rp296 (market cap 3.58T). The key difference: Ciputra Development Tbk is far larger — about 2.9× Gunung Raja Paksi Tbk.'s market cap. Which is the better fit depends on your goals.
| CTRA | GGRP | |
|---|---|---|
Market Cap | 10.38T | 3.58T |
Indicative Equilibrium Price | 565 | 296 |
Indicative Equilibrium Volume | 761 | 3 |
Trailing returns across standard periods
Latest headlines on both assets
PT Ciputra Development Tbk (the Company) was established in the Republic of Indonesia originally under the name PT Citra Habitat Indonesia based on notarial deed No. 22 dated October 22, 1981. Ciputra Developments main interest is in residential and township developments which account for approximately 90% of the companies total sales. The company has nine flagship development projects.
Read more on CTRA →PT. Gunung Raja Paksi Tbk (the Company) was established under the name of PT Gunung Naga Mas based on Notarial Deed No.229 of Chairani Bustami,S.H. dated August 20,1990 that was amended by Notarial Deed No.25 dated June 6,1991. The change from Foreign Capital Investment (“FCI”) to Domestic Capital Investment (“DCI”) has been approved by the Capital Investment Coordinating Board of the Republic of Indonesia in its Letter No.346/1/IP/PMDN/2016 dated December 15, 2016.
Read more on GGRP →