Gudang Garam Tbk. vs Multi Bintang Indonesia Tbk. — how do they compare? Gudang Garam Tbk. trades at Rp16,850 (market cap 32.04T, 879.8K 24h volume), while Multi Bintang Indonesia Tbk. trades at Rp6,325 (market cap 13.27T, 169.9K 24h volume). The key difference: Gudang Garam Tbk. is far larger — about 2.4× Multi Bintang Indonesia Tbk.'s market cap, and Gudang Garam Tbk. is more actively traded (879.8K versus 169.9K). Which is the better fit depends on your goals.
| GGRM | MLBI | |
|---|---|---|
Market Cap | 32.04T | 13.27T |
Volume | 879.8K | 169.9K |
Lot | 8.8K | 1.7K |
Turnover | 14.66B | 1.07B |
Average Price | 16,664.12 | 6,304.31 |
Value | 14.66B | 1.07B |
Indicative Equilibrium Price | 16,850 | 6,350 |
Indicative Equilibrium Volume | 451 | 3 |
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 Multi Bintang Indonesia Tbk (The Company) was established on June 3, 1929, based on notarial deed No. 8 of Tjeerd Dijkstra, notary public in Medan, under the name of NV Nederlandsch Indische Bierbrouwerijen. The Company is part of the Heineken Group, where the ultimate shareholder is Heineken N.V. (Heineken).
Read more on MLBI →