Gajah Tunggal Tbk. vs Armada Berjaya Trans Tbk — how do they compare? Gajah Tunggal Tbk. trades at Rp1,120 (market cap 3.9T), while Armada Berjaya Trans Tbk trades at Rp122 (market cap 97.42B). The key difference: Gajah Tunggal Tbk. is far larger — about 40× Armada Berjaya Trans Tbk's market cap. Which is the better fit depends on your goals.
| GJTL | JAYA | |
|---|---|---|
Market Cap | 3.9T | 97.42B |
Indicative Equilibrium Price | 1,120 | 122 |
Indicative Equilibrium Volume | 51 | 35 |
Trailing returns across standard periods
Latest headlines on both assets
PT. Gajah Tunggal, Tbk (the Company) was established based on notarial deed No. 54 dated August 24, 1951 of Raden Meester Soewandi, S.H., notary public in Jakarta. The Company is the largest tire manufacturer in Indonesia with 32% market share of four-wheel vehicle tire market and 85% of the motorcycle tire market.
Read more on GJTL →PT Armada Berjaya Trans (“the Entity”) was established based on the Notarial Deed No. 41 dated May 30, 2012 of Myra Yuwono, S.H. The Articles of Assocation has been amended several times, and the latest changes are stated in the Notarial Deed of Christina Dwi Utami, S.H. No. 39 dated August 21, 2018, concerning in the change in the Entity’s name from PT Armada Beton to PT Armada Berjaya Trans. PT Armada Beton specialising in Cement Mixer transporter. Since 2015 the company shifted its focus into general land transport business.
Read more on JAYA →