Champion Pacific Indonesia Tbk. vs Panca Budi Idaman Tbk. — how do they compare? Champion Pacific Indonesia Tbk. trades at Rp416 (market cap 384.1B, 900 24h volume), while Panca Budi Idaman Tbk. trades at Rp480 (market cap 3.6T, 146K 24h volume). The key difference: Panca Budi Idaman Tbk. is far larger — about 9.4× Champion Pacific Indonesia Tbk.'s market cap, and Panca Budi Idaman Tbk. is more actively traded (146K versus 900). Which is the better fit depends on your goals.
| IGAR | PBID | |
|---|---|---|
Market Cap | 384.1B | 3.6T |
Volume | 900 | 146K |
Lot | 9 | 1.46K |
Turnover | 374K | 70.19M |
Average Price | 415.56 | 480.76 |
Value | 374K | 70.19M |
Indicative Equilibrium Price | 414 | 484 |
Indicative Equilibrium Volume | 100 | 11 |
Trailing returns across standard periods
Latest headlines on both assets
PT Champion Pacific Indonesia Tbk (The Company) formerly PT Kageo Igar Jaya was established under the name of PT Igar Jaya based on Notarial deed No. 195 dated October 30, 1975, of Mohamad Said Tadjoedin, SH, Notary in Jakarta. Igar Jaya was founded in October 1975 in the Republic of Indonesia as a joint venture with Owens-Illinois, a leading glass container manufacturer in the United States, initially in the production of glass vial and ampoules to support Indonesia’s pharmaceutical industry. However since 1987, due to customer demand, the Company has expanded to the business of plastic, aluminum foil (flexible packaging) and paper folding carton packaging products as well as disposable syringe not only to meet the needs of Indonesia’s pharmaceutical industry but also its cosmetic and food industries. In 1988, the Company relinquished its joint venture status with a view to entering the global market and today has customers in 14 countries outside Indonesia. These include: Britain, Bangladesh, Canada, Guinea, Malaysia, Mauritius, Pakistan, the Philippines, Saudi Arabia, Singapore, Thailand, Trinidad & Tobago, the United States and Zaire.
Read more on IGAR →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 →