Paninvest Tbk. vs KDB Tifa Finance Tbk. — how do they compare? Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume), while KDB Tifa Finance Tbk. trades at Rp304 (market cap 866.74B, 1.53M 24h volume). The key difference: Paninvest Tbk. is far larger — about 3.5× KDB Tifa Finance Tbk.'s market cap, and KDB Tifa Finance Tbk. is more actively traded (1.53M versus 606.1K). Which is the better fit depends on your goals.
| PNIN | TIFA | |
|---|---|---|
Market Cap | 3.03T | 866.74B |
Volume | 606.1K | 1.53M |
Lot | 6.06K | 15.29K |
Turnover | 442.26M | 450.9M |
Average Price | 729.68 | 294.96 |
Value | 442.26M | 450.9M |
Indicative Equilibrium Price | 735 | 304 |
Indicative Equilibrium Volume | 2 | 4 |
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 Tifa Finance Tbk (the company) was established under its original name of PT Tifa Mutual Finance Corporation base on notarial deed No.42 of Esther Daniar, S.H, dated on 14 Jun, 1989. The Company’s articles of association has been amended several times, most recently by notarial deed No. 1 of Fathiah Helmi, S.H., dated Aug 2, 2010, concerning among others, the change in the Company’s name, and public offering.
Read more on TIFA →