Eratex Djaja Tbk. vs Gudang Garam Tbk. — how do they compare? Eratex Djaja Tbk. trades at Rp147 (market cap 190.41B, 3.3M 24h volume), while Gudang Garam Tbk. trades at Rp16,850 (market cap 32.04T, 879.8K 24h volume). The key difference: Gudang Garam Tbk. is far larger — about 168.3× Eratex Djaja Tbk.'s market cap, and Eratex Djaja Tbk. is more actively traded (3.3M versus 879.8K). Which is the better fit depends on your goals.
| ERTX | GGRM | |
|---|---|---|
Market Cap | 190.41B | 32.04T |
Volume | 3.3M | 879.8K |
Lot | 32.95K | 8.8K |
Turnover | 495.03M | 14.66B |
Average Price | 150.22 | 16,664.12 |
Value | 495.03M | 14.66B |
Indicative Equilibrium Price | 147 | 16,850 |
Indicative Equilibrium Volume | 424 | 451 |
Trailing returns across standard periods
Latest headlines on both assets
PT Eratex Djaja Tbk (the "Entity") was established in the framework of Foreign Capital Investment Law No.1, 1967 by Notarial Deed No.7 dated October 12, 1972 based on Deed prepared by Koerniatini Karim, Public Notary in Jakarta. Founded in 1972 as a joint venture company between PT Private Development Finance Company of Indonesia Ltd. and Limmen Investment Ltd., Unisouh Holding Ltd., Eastern Cotton Mills Ltd. Yarn spinning factory was built in 1973 on 17 ha of land in Probolinggo.
Read more on ERTX →PT Gudang Garam Tbk (the Company), previously named as PT Perusahaan Rokok Tjap Gudang Garam Kediri was established by Deed of Mr. Suroso S.H., acting notary public in Kediri, dated 30 June 1971 No. 10 amended by deed of the same notary dated 13 October 1971 No. 13. The Company is a continuation of a Proprietorship which was established in 1958. In 1969, the Company changed its legal status to a Partnership and in 1971 it was further changed its legal entity as a Limited Liability Company. Commercial operation was commenced in 1958.
Read more on GGRM →