Gunung Raja Paksi Tbk. vs Indofood CBP Sukses Makmur Tbk. — how do they compare? Gunung Raja Paksi Tbk. trades at Rp292 (market cap 3.58T, 773.1K 24h volume), while Indofood CBP Sukses Makmur Tbk. trades at Rp6,675 (market cap 76.97T, 846.6K 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 21.5× Gunung Raja Paksi Tbk.'s market cap, and Indofood CBP Sukses Makmur Tbk. is more actively traded (846.6K versus 773.1K). Which is the better fit depends on your goals.
| GGRP | ICBP | |
|---|---|---|
Market Cap | 3.58T | 76.97T |
Volume | 773.1K | 846.6K |
Lot | 7.73K | 8.47K |
Turnover | 226.01M | 5.64B |
Average Price | 292.34 | 6,661.05 |
Value | 226.01M | 5.64B |
Indicative Equilibrium Price | 296 | 6,625 |
Indicative Equilibrium Volume | 300 | 54 |
Trailing returns across standard periods
Latest headlines on both assets
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.
Read more on GGRP →PT Indofood CBP Sukses Makmur (the company) was established on Sept 2, 2009, based on Notarial Deed No.25 of Herdimansyah Chaidirsyah, S.H. The Company’s Articles of Association was amended several times, the latest of which was covered in the Notarial Deed no.28 of Benny Kristianto dated Jun 10, 2010, among other, for the amendments in the company's whole articles of Association to comply with the requirements of the Capital Market and Financial Institutions Supervisory Agency.The Company was a spin-off of the noodle division and food ingredient division of PT Indofood Sukses Makmur Tbk, the shareholder of the Company, and started to carry out the related business operations on Oct 1, 2009.
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