Gajah Tunggal Tbk. vs Salim Ivomas Pratama Tbk. — how do they compare? Gajah Tunggal Tbk. trades at Rp1,120 (market cap 3.87T, 5.5M 24h volume), while Salim Ivomas Pratama Tbk. trades at Rp545 (market cap 8.53T, 3.68M 24h volume). The key difference: Salim Ivomas Pratama Tbk. is far larger — about 2.2× Gajah Tunggal Tbk.'s market cap, and Gajah Tunggal Tbk. is more actively traded (5.5M versus 3.68M). Which is the better fit depends on your goals.
| GJTL | SIMP | |
|---|---|---|
Market Cap | 3.87T | 8.53T |
Volume | 5.5M | 3.68M |
Lot | 55.01K | 36.77K |
Turnover | 6.14B | 2B |
Average Price | 1,115.49 | 543.76 |
Value | 6.14B | 2B |
Indicative Equilibrium Price | 1,120 | 545 |
Indicative Equilibrium Volume | 989 | 1.19K |
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 Salim Ivomas Pratama Tbk (the company) was established under its original name of PT Ivomas Pratama base on notarial deed No.65 of Mrs Maria Kidarsa, S.H, dated on 12 Aug, 1992. The Company’s articles of association has been amended several times, most recently by notarial deed No. 46 of Benny Kristianto, S.H., dated Dec 14, 2010, concerning among others, the change in the Company’s name, par value and public offering.
Read more on SIMP →