Paninvest Tbk. vs Steady Safe Tbk — how do they compare? Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume), while Steady Safe Tbk trades at Rp364 (market cap 300.56B, 283.6K 24h volume). The key difference: Paninvest Tbk. is far larger — about 10.1× Steady Safe Tbk's market cap, and Paninvest Tbk. is more actively traded (606.1K versus 283.6K). Which is the better fit depends on your goals.
| PNIN | SAFE | |
|---|---|---|
Market Cap | 3.03T | 300.56B |
Volume | 606.1K | 283.6K |
Lot | 6.06K | 2.84K |
Turnover | 442.26M | 102.88M |
Average Price | 729.68 | 362.76 |
Value | 442.26M | 102.88M |
Indicative Equilibrium Price | 735 | 364 |
Indicative Equilibrium Volume | 2 | 77 |
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 Steady Safe is a major transportation company serving Indonesia and primarily the capital, Jakarta. It was established in 1971 under the name “PT Tanda Widjaja Sakti”. In December 1993, in preparation for the public offering of its shares, the company changed its name to PT Steady Safe. The start-up with a license to operate 150 vehicles as taxis for Jakarta has today become a premier mass transportation company. Steady Safe has introduced the Jakarta’s first privately managed air-conditioned buses. At present, the company operates thirteen Pool and workshops in the Greater Jakarta Area for the logistical and technical support of its taxi and bus fleets. Steady Safe is listed in Jakarta Stock Exchange and the Surabaya Stock Exchange with 213,839,600 shares traded under the stock code SAFE.
Read more on SAFE →