Gajah Tunggal Tbk. vs Multi Makmur Lemindo Tbk. — how do they compare? Gajah Tunggal Tbk. trades at Rp1,120 (market cap 3.9T), while Multi Makmur Lemindo Tbk. trades at Rp125 (market cap 428.26B). The key difference: Gajah Tunggal Tbk. is far larger — about 9.1× Multi Makmur Lemindo Tbk.'s market cap. Which is the better fit depends on your goals.
| GJTL | PIPA | |
|---|---|---|
Market Cap | 3.9T | 428.26B |
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 Makmur Lemindo Tbk (the Company) was established based on Notarial Deed No. 66 dated January 11, 2012 of Deni Nugraha, S.E., S.H., M.Kn., notary in Tangerang. The Company started its commercial operations in 2005.
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