Indofood CBP Sukses Makmur Tbk. vs Panca Budi Idaman Tbk. — how do they compare? Indofood CBP Sukses Makmur Tbk. trades at Rp6,625 (market cap 76.97T, 88K 24h volume), while Panca Budi Idaman Tbk. trades at Rp482 (market cap 3.6T, 4.1K 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 21.4× Panca Budi Idaman Tbk.'s market cap, and Indofood CBP Sukses Makmur Tbk. is more actively traded (88K versus 4.1K). Which is the better fit depends on your goals.
| ICBP | PBID | |
|---|---|---|
Market Cap | 76.97T | 3.6T |
Volume | 88K | 4.1K |
Lot | 880 | 41 |
Turnover | 583.36M | 1.98M |
Average Price | 6,629.06 | 482.54 |
Value | 583.36M | 1.98M |
Indicative Equilibrium Price | 6,625 | 484 |
Indicative Equilibrium Volume | 54 | 11 |
Trailing returns across standard periods
Latest headlines on both assets
PT Indofood CBP Sukses Makmur (the company) was established on Sept 2, 2009, based on Notarial Deed No.25 of Herdimansyah Chaidirsyah, S.H. The Company’s Articles of Association was amended several times, the latest of which was covered in the Notarial Deed no.28 of Benny Kristianto dated Jun 10, 2010, among other, for the amendments in the company's whole articles of Association to comply with the requirements of the Capital Market and Financial Institutions Supervisory Agency.The Company was a spin-off of the noodle division and food ingredient division of PT Indofood Sukses Makmur Tbk, the shareholder of the Company, and started to carry out the related business operations on Oct 1, 2009.
Read more on ICBP →PT Panca Budi Idaman (The Company) was established by Notarial Deed No.16 dated January 10, 1990 made before Notary Endang Irawati Ekaputri, S.H.,which was amended by Notarial Deed No.3 dated July 2, 1997 made before Notary Jenny Jacinta Lukas, S.H., and Deed No. 10 dated October 17, 1997 made before Notary Kiagus Zainal Arifin, S.H. Panca Budi Group was founded by Djonny Taslim in 1979 who started his career as a general merchant distributing plastic bags made from PP, HDPE and PE. In 1990, Djonny Taslim established PT. Panca Budi Idaman ("the Company") to produce and distribute finished products of plastic bags. The Company commenced its commercial operation by producing plastic bags in 1991.
Read more on PBID →