Paninvest Tbk. vs Panin Financial Tbk. — how do they compare? Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume), while Panin Financial Tbk. trades at Rp230 (market cap 7.37T, 26.99M 24h volume). The key difference: Panin Financial Tbk. is far larger — about 2.4× Paninvest Tbk.'s market cap, and Panin Financial Tbk. is more actively traded (26.99M versus 606.1K). Which is the better fit depends on your goals.
| PNIN | PNLF | |
|---|---|---|
Market Cap | 3.03T | 7.37T |
Volume | 606.1K | 26.99M |
Lot | 6.06K | 269.9K |
Turnover | 442.26M | 6.22B |
Average Price | 729.68 | 230.55 |
Value | 442.26M | 6.22B |
Indicative Equilibrium Price | 735 | 230 |
Indicative Equilibrium Volume | 2 | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Panin Financial Tbk (the Company) was established in Jakarta under the name PT Asuransi Jiwa Panin Putra on July 19, 1974 based on Notarial Deed No.192 which was changed by Notarial Deed No. 226 dated February 27, 1975, both notarized by Ridwan Suselo, S.H., notary in Jakarta. Starting , and the company is one of the Panin Group`s member. In 1994, the company joint venture with the Australian Mutual Provident Society.
Read more on PNLF →