Perusahaan Gas Negara Tbk. vs Paninvest Tbk. — how do they compare? Perusahaan Gas Negara Tbk. trades at Rp1,535 (market cap 37.33T, 51.34M 24h volume), while Paninvest Tbk. trades at Rp730 (market cap 2.99T, 214.9K 24h volume). The key difference: Perusahaan Gas Negara Tbk. is far larger — about 12.5× Paninvest Tbk.'s market cap, and Perusahaan Gas Negara Tbk. is more actively traded (51.34M versus 214.9K). Which is the better fit depends on your goals.
| PGAS | PNIN | |
|---|---|---|
Market Cap | 37.33T | 2.99T |
Volume | 51.34M | 214.9K |
Lot | 513.37K | 2.15K |
Turnover | 79.11B | 157.73M |
Average Price | 1,540.93 | 733.98 |
Value | 79.11B | 157.73M |
Indicative Equilibrium Price | 1,535 | 730 |
Indicative Equilibrium Volume | 13.12K | 1 |
Trailing returns across standard periods
Latest headlines on both assets
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).
Read more on PGAS →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 →