Gudang Garam Tbk. vs Paninvest Tbk. — how do they compare? Gudang Garam Tbk. trades at Rp16,850 (market cap 32.04T, 879.8K 24h volume), while Paninvest Tbk. trades at Rp735 (market cap 2.97T, 310.6K 24h volume). The key difference: Gudang Garam Tbk. is far larger — about 10.8× Paninvest Tbk.'s market cap, and Gudang Garam Tbk. is more actively traded (879.8K versus 310.6K). Which is the better fit depends on your goals.
| GGRM | PNIN | |
|---|---|---|
Market Cap | 32.04T | 2.97T |
Volume | 879.8K | 310.6K |
Lot | 8.8K | 3.11K |
Turnover | 14.66B | 226.63M |
Average Price | 16,664.12 | 729.65 |
Value | 14.66B | 226.63M |
Indicative Equilibrium Price | 16,850 | 735 |
Indicative Equilibrium Volume | 451 | 2 |
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 Paninvest Tbk formerly PT Panin Insurance Tbk (the Company) was established in Jakarta under the name PT Pan-Union Insurance Ltd., based on Notarial Deed No. 84 dated October 24, 1973 of Notary Juliaan Nimrod Siregar Gelar Mangaradja Namora, S.H. The Company is one of the companies under Pan Indonesia (Panin) Group. Based on the Minutes of General Shareholders's Meeting held on June 28, 2013 which was notarized in Notarial Deed of Kumala Tjahjani Widodo, S.H., M.H.,Mkn., No.78, dated June 28, 2013, the shareholders agree the plan to change the Company's main business activity from general insurance company to tourism and transferred its general insurance portfolio along with portion of its assets and liabilities related to general insurance business to PT Asuransi Umum Panin, subsidiary.
Read more on PNIN →