Panin Financial Tbk. vs Reliance Sekuritas Indonesia Tbk. — how do they compare? Panin Financial Tbk. trades at Rp236 (market cap 7.56T), while Reliance Sekuritas Indonesia Tbk. trades at Rp496 (market cap 892.8B). The key difference: Panin Financial Tbk. is far larger — about 8.5× Reliance Sekuritas Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| PNLF | RELI | |
|---|---|---|
Market Cap | 7.56T | 892.8B |
Indicative Equilibrium Price | 240 | 525 |
Indicative Equilibrium Volume | 26.37K | 1 |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT. Reliance Securities (the company) was established under its original name of Istethmar Finas Securities on 22 Feb 1993 then changed to PT Ludlow Securities on 13 Sep 1999. According with Notaries deed on 28 March 2003 company's name changed to PT Reliance Securities. And the company's name changed to PT Reliance Securities Tbk on 19 May 2005 with amended the articles of association no 19 dated 14 April 2005.
Read more on RELI →