Garuda Indonesia (Persero) Tbk. vs Paninvest Tbk. — how do they compare? Garuda Indonesia (Persero) Tbk. trades at Rp53 (market cap 21.58T, 10.64M 24h volume), while Paninvest Tbk. trades at Rp740 (market cap 2.99T, 29K 24h volume). The key difference: Garuda Indonesia (Persero) Tbk. is far larger — about 7.2× Paninvest Tbk.'s market cap, and Garuda Indonesia (Persero) Tbk. is more actively traded (10.64M versus 29K). Which is the better fit depends on your goals.
| GIAA | PNIN | |
|---|---|---|
Market Cap | 21.58T | 2.99T |
Volume | 10.64M | 29K |
Lot | 106.36K | 290 |
Turnover | 554.97M | 21.2M |
Average Price | 52.18 | 731.02 |
Value | 554.97M | 21.2M |
Indicative Equilibrium Price | 53 | — |
Indicative Equilibrium Volume | 585K | — |
Trailing returns across standard periods
Latest headlines on both assets
The Company is a state-owned airline of the republic of Indonesia and commercial air transportation service provider for passenger, cargo, and other services related to air transportation in Indonesia. The Company also provides services related aviation services, including repairs, maintenance and overhaul (MRO), aircraft, ground services, air tickets reservation and provision, and in fight catering, as well as travel services, tourism and hospitality.The Company was established on March 31, 1950 with the name of Garuda Indonesian Airways NV domiciled in Central Jakarta. In accordance with government regulations, in 1975 the company changed its form a Limited Liability Company (Persero) PT Garuda Indonesian Airways.
Read more on GIAA →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 →