Budi Starch Sweetener Tbk vs Citra Tubindo Tbk. — how do they compare? Budi Starch Sweetener Tbk trades at Rp206 (market cap 935.79B, 20.1K 24h volume), while Citra Tubindo Tbk. trades at Rp5,050 (market cap 4T, 15.5K 24h volume). The key difference: Citra Tubindo Tbk. is far larger — about 4.3× Budi Starch Sweetener Tbk's market cap, and Budi Starch Sweetener Tbk is more actively traded (20.1K versus 15.5K). Which is the better fit depends on your goals.
| BUDI | CTBN | |
|---|---|---|
Market Cap | 935.79B | 4T |
Volume | 20.1K | 15.5K |
Lot | 201 | 155 |
Turnover | 4.18M | 79.45M |
Average Price | 207.72 | 5,125.97 |
Value | 4.18M | 79.45M |
Indicative Equilibrium Price | 208 | 5,050 |
Indicative Equilibrium Volume | 13.8K | 7 |
Trailing returns across standard periods
Latest headlines on both assets
PT Budi Starch & Sweetener Tbk (the Company) formerly Budi Acid Jaya (BAJ) was established based on Notarial Deed No. 15 dated January 15, 1979 of Henk Limanow, SH., public notary in Jakarta. PT Budi Starch & Sweetener Tbk is the world`s largest tapioca starch producer. BAJ is an integrated cassava based manufacturer : citric acid, modified tapioca starch and monosodium glutamate (MSG). It also produces sulphuric acid and poly propelene woven bag.
Read more on BUDI →PT Citra Tubindo Tbk (the Company) was established on August 23rd, 1983, on Batam Island under the rules of the Domestic Capital Investment (PMDN) the main activities of the Company are seamless pipe processing, end finishing of Oil Country Tubular Goods (OCTG) and fabricating accessories for the Oil and Gas Industry. The Threading and End Finishing plant commenced commercial operation in 1984 and received American Petroleum Institute (API) in the same year. In 1986 the Company installed and put into operation a precision electro-plating plant which also passed the stringent requirements of MEPSI (Mobil Exploration and Production Services Inc.) standards. The Company has also built an assembly line for Drilltec Protectors, to reduce the dependency on overseas supplies. The products of the Company are distributed among domestic and international oil and gas contractors operating in Indonesia, and increasingly exported to contractors working in countries such as Malaysia, India, Vietnam, the Middle East, Japan Canada, Australia, Venezuela and the Philippines.
Read more on CTBN →