Paninvest Tbk. vs King Tire Indonesia Tbk. — how do they compare? Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume), while King Tire Indonesia Tbk. trades at Rp115 (market cap 400.27B, 194.9K 24h volume). The key difference: Paninvest Tbk. is far larger — about 7.6× King Tire Indonesia Tbk.'s market cap, and Paninvest Tbk. is more actively traded (606.1K versus 194.9K). Which is the better fit depends on your goals.
| PNIN | TYRE | |
|---|---|---|
Market Cap | 3.03T | 400.27B |
Volume | 606.1K | 194.9K |
Lot | 6.06K | 1.95K |
Turnover | 442.26M | 22.17M |
Average Price | 729.68 | 113.73 |
Value | 442.26M | 22.17M |
Indicative Equilibrium Price | 735 | 114 |
Indicative Equilibrium Volume | 2 | 21 |
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 King Tire Indonesia Tbk (the Company) was established on August 2, 2010 based on Notarial Deed No. 01 of Humberg Lie, S.H., S.E., M.Kn., notary in Jakarta. The Company started its commercial operations in 2011. The Companys immediate parent entity is PT Kingland Investindo Nusantara. The controlling interest of the Company is owned by an individual namely Harris Muliawan.
Read more on TYRE →