Goodyear Indonesia Tbk. vs Gajah Tunggal Tbk. — how do they compare? Goodyear Indonesia Tbk. trades at Rp1,080 (market cap 442.8B), while Gajah Tunggal Tbk. trades at Rp1,120 (market cap 3.9T). The key difference: Gajah Tunggal Tbk. is far larger — about 8.8× Goodyear Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| GDYR | GJTL | |
|---|---|---|
Market Cap | 442.8B | 3.9T |
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. 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.
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