Martina Berto Tbk. vs Paninvest Tbk. — how do they compare? Martina Berto Tbk. trades at Rp115 (market cap 124.12B, 2.23M 24h volume), while Paninvest Tbk. trades at Rp735 (market cap 2.99T, 166.3K 24h volume). The key difference: Paninvest Tbk. is far larger — about 24.1× Martina Berto Tbk.'s market cap, and Martina Berto Tbk. is more actively traded (2.23M versus 166.3K). Which is the better fit depends on your goals.
| MBTO | PNIN | |
|---|---|---|
Market Cap | 124.12B | 2.99T |
Volume | 2.23M | 166.3K |
Lot | 22.28K | 1.66K |
Turnover | 257.93M | 121.48M |
Average Price | 115.76 | 730.5 |
Value | 257.93M | 121.48M |
Indicative Equilibrium Price | 115 | 735 |
Indicative Equilibrium Volume | 697 | 5 |
Trailing returns across standard periods
Latest headlines on both assets
PT Martina Berto Tbk (the Company) was established in the Republic of Indonesia on 1 June 1977 based on Notarial deed No. 9 of Poppy Savitri Parmanto, S.H. In 1977, PT Matina Berto stands as a home industry with product branded Sariayu. In 1981, the company established the first modern factory on Pulo Ayan, Pulogadung Industrial Estate. In 1986, the second factory was established on Pulo Kambing, Pulogadung Industrial Estate. In 1993, the company acquired cosmetics factory PT Cedefindo as contract manufacturing for internal & external. In 1995, PT Martina Berto III was established in Gunung Putri, Bogor.The Company’s articles of association has been amended several times, most recently by notarial deed No.9 of Yanto W, S.H., dated Sep 27 2010, concerning among others, change in par value, and public offering.
Read more on MBTO →PT Paninvest Tbk formerly PT Panin Insurance Tbk (the Company) was established in Jakarta under the name PT Pan-Union Insurance Ltd., based on Notarial Deed No. 84 dated October 24, 1973 of Notary Juliaan Nimrod Siregar Gelar Mangaradja Namora, S.H. The Company is one of the companies under Pan Indonesia (Panin) Group. Based on the Minutes of General Shareholders's Meeting held on June 28, 2013 which was notarized in Notarial Deed of Kumala Tjahjani Widodo, S.H., M.H.,Mkn., No.78, dated June 28, 2013, the shareholders agree the plan to change the Company's main business activity from general insurance company to tourism and transferred its general insurance portfolio along with portion of its assets and liabilities related to general insurance business to PT Asuransi Umum Panin, subsidiary.
Read more on PNIN →