Gudang Garam Tbk. vs Krakatau Steel (Persero) Tbk. — how do they compare? Gudang Garam Tbk. trades at Rp16,850 (market cap 32.04T, 879.8K 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp224 (market cap 4.41T, 10.07M 24h volume). The key difference: Gudang Garam Tbk. is far larger — about 7.3× Krakatau Steel (Persero) Tbk.'s market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (10.07M versus 879.8K). Which is the better fit depends on your goals.
| GGRM | KRAS | |
|---|---|---|
Market Cap | 32.04T | 4.41T |
Volume | 879.8K | 10.07M |
Lot | 8.8K | 100.67K |
Turnover | 14.66B | 2.28B |
Average Price | 16,664.12 | 226.43 |
Value | 14.66B | 2.28B |
Indicative Equilibrium Price | 16,850 | 224 |
Indicative Equilibrium Volume | 451 | 3.88K |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →