Krakatau Steel (Persero) Tbk. vs Victoria Insurance Tbk. — how do they compare? Krakatau Steel (Persero) Tbk. trades at Rp230 (market cap 4.33T, 5.43M 24h volume), while Victoria Insurance Tbk. trades at Rp141 (market cap 219.03B, 52.3K 24h volume). The key difference: Krakatau Steel (Persero) Tbk. is far larger — about 19.8× Victoria Insurance Tbk.'s market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (5.43M versus 52.3K). Which is the better fit depends on your goals.
| KRAS | VINS | |
|---|---|---|
Market Cap | 4.33T | 219.03B |
Volume | 5.43M | 52.3K |
Lot | 54.27K | 523 |
Turnover | 1.24B | 7.23M |
Average Price | 228.12 | 138.18 |
Value | 1.24B | 7.23M |
Indicative Equilibrium Price | 230 | 143 |
Indicative Equilibrium Volume | 3.53K | 7 |
Trailing returns across standard periods
Latest headlines on both assets
PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →PT Victoria Insurance Tbk (the Company) has been established since 1978 under the name Great PT. Asuransi Agung Asia. In November 1989, changed its name to PT. Asuransi Summa and changed back in July 1993 under the name General PT Asuransi Centris and as of August 2010, all shares and the Companys management was taken over by a large company group under the banner of Victoria and the Company name was changed to PT Victoria Insurance. Victoria Group is a national investment holding company with portfolio business including financial services, banking, chemicals, steel, agricultural, plantations.
Read more on VINS →