Perusahaan Gas Negara Tbk. vs Tower Bersama Infrastructure Tbk. — how do they compare? Perusahaan Gas Negara Tbk. trades at Rp1,540 (market cap 36.36T, 48.58M 24h volume), while Tower Bersama Infrastructure Tbk. trades at Rp1,415 (market cap 32.29T, 524K 24h volume). The key difference: Perusahaan Gas Negara Tbk. and Tower Bersama Infrastructure Tbk. are close in size by market cap, and Perusahaan Gas Negara Tbk. is more actively traded (48.58M versus 524K). Which is the better fit depends on your goals.
| PGAS | TBIG | |
|---|---|---|
Market Cap | 36.36T | 32.29T |
Volume | 48.58M | 524K |
Lot | 485.84K | 5.24K |
Turnover | 73.96B | 742.96M |
Average Price | 1,522.28 | 1,417.86 |
Value | 73.96B | 742.96M |
Indicative Equilibrium Price | 1,540 | 1,415 |
Indicative Equilibrium Volume | 28.5K | 664 |
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 Tower Bersama Infrastructure (the Company) was established under its original name of PT Banyan Mas on Nov 8th, 2004 then changed to PT Tower Bersama Infrastructure based on Notaries Deed dated Oct 24, 2009 and the deed of establishment was approved by the the Ministry of Justice dated Feb 13, 2008. The Company’s articles of association has been amended several times, most recently by notarial deed No. 145 of Aulia Taufani, S.H., dated Jul 21, 2010, concerning among others, the change in the Company’s name, equity, public company and 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.
Read more on TBIG →