Gunung Raja Paksi Tbk. vs King Tire Indonesia Tbk. — how do they compare? Gunung Raja Paksi Tbk. trades at Rp296 (market cap 3.58T), while King Tire Indonesia Tbk. trades at Rp112 (market cap 389.83B). The key difference: Gunung Raja Paksi Tbk. is far larger — about 9.2× King Tire Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| GGRP | TYRE | |
|---|---|---|
Market Cap | 3.58T | 389.83B |
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 King Tire Indonesia Tbk (the Company) was established on August 2, 2010 based on Notarial Deed No. 01 of Humberg Lie, S.H., S.E., M.Kn., notary in Jakarta. The Company started its commercial operations in 2011. The Companys immediate parent entity is PT Kingland Investindo Nusantara. The controlling interest of the Company is owned by an individual namely Harris Muliawan.
Read more on TYRE →