Gajah Tunggal Tbk. vs Paninvest Tbk. — how do they compare? Gajah Tunggal Tbk. trades at Rp1,125 (market cap 3.9T, 160.2K 24h volume), while Paninvest Tbk. trades at Rp740 (market cap 2.99T, 18.5K 24h volume). The key difference: Gajah Tunggal Tbk. is the larger of the two by market cap, and Gajah Tunggal Tbk. is more actively traded (160.2K versus 18.5K). Which is the better fit depends on your goals.
| GJTL | PNIN | |
|---|---|---|
Market Cap | 3.9T | 2.99T |
Volume | 160.2K | 18.5K |
Lot | 1.6K | 185 |
Turnover | 179.32M | 13.43M |
Average Price | 1,119.38 | 726.05 |
Value | 179.32M | 13.43M |
Indicative Equilibrium Price | 1,120 | — |
Indicative Equilibrium Volume | 5.1K | — |
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 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 →