Goodyear Indonesia Tbk. vs Gunung Raja Paksi Tbk. — how do they compare? Goodyear Indonesia Tbk. trades at Rp1,080 (market cap 442.8B), while Gunung Raja Paksi Tbk. trades at Rp296 (market cap 3.58T). The key difference: Gunung Raja Paksi Tbk. is far larger — about 8.1× Goodyear Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| GDYR | GGRP | |
|---|---|---|
Market Cap | 442.8B | 3.58T |
Indicative Equilibrium Price | — | 296 |
Indicative Equilibrium Volume | — | 3 |
Trailing returns across standard periods
Latest headlines on both assets
PT Goodyear Indonesia Tbk (the Company) was established on January 6, 1917 under the name “NV The Goodyear Tire & Rubber Company Limited” and changed its name to “PT Goodyear Indonesia” on July 25, 1978. On November 10, 1980, the Company obtained approval from the Capital Market Supervisory Board (BAPEPAM) to offer a portion of its shares to the public through the Indonesia Stock Exchange. Effective December 22, 1980, 6,150,000 shares of the Company with total par value of Rp 6,150,000 (equivalent to 15% of the total issued and outstanding shares) were officially listed in Jakarta Stock Exchange.
Read more on GDYR →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.
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