Indofood CBP Sukses Makmur Tbk. vs Perusahaan Gas Negara Tbk. — how do they compare? Indofood CBP Sukses Makmur Tbk. trades at Rp6,600 (market cap 76.97T), while Perusahaan Gas Negara Tbk. trades at Rp1,490 (market cap 36.12T). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 2.1× Perusahaan Gas Negara Tbk.'s market cap. Which is the better fit depends on your goals.
| ICBP | PGAS | |
|---|---|---|
Market Cap | 76.97T | 36.12T |
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 Perusahaan Gas Negara (Persero) (the company) originated from a private Dutch company named Firma L.J.N Eindhoven & Co. Gravenhage, which was established in 1859. The company was named NV. Netherland Indische Gaz Maatscapij when the Dutch took control in 1950. In 1958, when Government of Indonesia took over company, the name was changed to Badan Pengambil Alih Perusahaan-perusahaan Listrik dan Gas (BP3LG), and then became BPU-PLN in 1961. On May 13, 1965, the company was established as a state company and known as PN Gas. In 1984, PN Gas converted into public service enterprices (perum) under the name of Perum Gas. And in 1996 the status of company was changed to PT Perusahaan Gas Negara (Persero).
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