Gajah Tunggal Tbk. vs Langgeng Makmur Industri Tbk. — how do they compare? Gajah Tunggal Tbk. trades at Rp1,120 (market cap 3.9T), while Langgeng Makmur Industri Tbk. trades at Rp139 (market cap 140.18B). The key difference: Gajah Tunggal Tbk. is far larger — about 27.8× Langgeng Makmur Industri Tbk.'s market cap. Which is the better fit depends on your goals.
| GJTL | LMPI | |
|---|---|---|
Market Cap | 3.9T | 140.18B |
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. Langgeng Makmur Industri TBk (the Company) was established under the Domestic Capital Investment Law No. 6 of 1968 as amended by Law No. 12 of 1970, based on the Notarial Deed No. 40 dated November 30, 1972 of Kho Boen Tian, S.H., which was amended by Notarial Deed No. 3 dated January 7, 1976 of the same notary concerning the change in the Company name from PT Langgeng Jaya Plastic Industry Ltd., to PT Langgeng Makmur Plastic Industry Ltd. Based on Notarial Deed No. 450 dated June 27, 1997 of Adam Kasdarmadji, S.H., the Company's name has been changed, to PT Langgeng Makmur Industri Tbk.
Read more on LMPI →