Gunung Raja Paksi Tbk. vs Panca Budi Idaman Tbk. — how do they compare? Gunung Raja Paksi Tbk. trades at Rp296 (market cap 3.58T), while Panca Budi Idaman Tbk. trades at Rp480 (market cap 3.6T). The key difference: Gunung Raja Paksi Tbk. and Panca Budi Idaman Tbk. are close in size by market cap. Which is the better fit depends on your goals.
| GGRP | PBID | |
|---|---|---|
Market Cap | 3.58T | 3.6T |
Indicative Equilibrium Price | 296 | 484 |
Indicative Equilibrium Volume | 3 | 11 |
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 Panca Budi Idaman (The Company) was established by Notarial Deed No.16 dated January 10, 1990 made before Notary Endang Irawati Ekaputri, S.H.,which was amended by Notarial Deed No.3 dated July 2, 1997 made before Notary Jenny Jacinta Lukas, S.H., and Deed No. 10 dated October 17, 1997 made before Notary Kiagus Zainal Arifin, S.H. Panca Budi Group was founded by Djonny Taslim in 1979 who started his career as a general merchant distributing plastic bags made from PP, HDPE and PE. In 1990, Djonny Taslim established PT. Panca Budi Idaman ("the Company") to produce and distribute finished products of plastic bags. The Company commenced its commercial operation by producing plastic bags in 1991.
Read more on PBID →