Gajah Tunggal Tbk. vs Multi Bintang Indonesia Tbk. — how do they compare? Gajah Tunggal Tbk. trades at Rp1,120 (market cap 3.87T, 5.5M 24h volume), while Multi Bintang Indonesia Tbk. trades at Rp6,325 (market cap 13.27T, 169.9K 24h volume). The key difference: Multi Bintang Indonesia Tbk. is far larger — about 3.4× Gajah Tunggal Tbk.'s market cap, and Gajah Tunggal Tbk. is more actively traded (5.5M versus 169.9K). Which is the better fit depends on your goals.
| GJTL | MLBI | |
|---|---|---|
Market Cap | 3.87T | 13.27T |
Volume | 5.5M | 169.9K |
Lot | 55.01K | 1.7K |
Turnover | 6.14B | 1.07B |
Average Price | 1,115.49 | 6,304.31 |
Value | 6.14B | 1.07B |
Indicative Equilibrium Price | 1,120 | 6,350 |
Indicative Equilibrium Volume | 989 | 3 |
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 Multi Bintang Indonesia Tbk (The Company) was established on June 3, 1929, based on notarial deed No. 8 of Tjeerd Dijkstra, notary public in Medan, under the name of NV Nederlandsch Indische Bierbrouwerijen. The Company is part of the Heineken Group, where the ultimate shareholder is Heineken N.V. (Heineken).
Read more on MLBI →