Paninvest Tbk. vs Sinarmas Multiartha Tbk. — how do they compare? Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume), while Sinarmas Multiartha Tbk. trades at Rp20,600 (market cap 131.17T). The key difference: Sinarmas Multiartha Tbk. is far larger — about 43.3× Paninvest Tbk.'s market cap. Which is the better fit depends on your goals.
| PNIN | SMMA | |
|---|---|---|
Market Cap | 3.03T | 131.17T |
Volume | 606.1K | — |
Lot | 6.06K | — |
Turnover | 442.26M | — |
Average Price | 729.68 | — |
Value | 442.26M | — |
Indicative Equilibrium Price | 735 | — |
Indicative Equilibrium Volume | 2 | — |
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 Sinar Mas Multiartha Tbk was established by Deed No. 60 dated October 21, 1982 from Benny Kristianto, S.H., notary in Jakarta. PT Sinar Mas Multiartha was initially active in commercial leasing, consumer financing and venture capital, and purely became a holding company in the Sinar Mas Group.
Read more on SMMA →