Eratex Djaja Tbk. vs Gajah Tunggal Tbk. — how do they compare? Eratex Djaja Tbk. trades at Rp147 (market cap 189.12B, 2.48M 24h volume), while Gajah Tunggal Tbk. trades at Rp1,125 (market cap 3.9T, 173K 24h volume). The key difference: Gajah Tunggal Tbk. is far larger — about 20.6× Eratex Djaja Tbk.'s market cap, and Eratex Djaja Tbk. is more actively traded (2.48M versus 173K). Which is the better fit depends on your goals.
| ERTX | GJTL | |
|---|---|---|
Market Cap | 189.12B | 3.9T |
Volume | 2.48M | 173K |
Lot | 24.84K | 1.73K |
Turnover | 365.24M | 193.71M |
Average Price | 147.06 | 1,119.71 |
Value | 365.24M | 193.71M |
Indicative Equilibrium Price | 148 | 1,120 |
Indicative Equilibrium Volume | 15 | 5.1K |
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. Gajah Tunggal, Tbk (the Company) was established based on notarial deed No. 54 dated August 24, 1951 of Raden Meester Soewandi, S.H., notary public in Jakarta. The Company is the largest tire manufacturer in Indonesia with 32% market share of four-wheel vehicle tire market and 85% of the motorcycle tire market.
Read more on GJTL →