Bayan Resources Tbk. vs Citra Tubindo Tbk. — how do they compare? Bayan Resources Tbk. trades at Rp11,625 (market cap 383.33T, 16.6K 24h volume), while Citra Tubindo Tbk. trades at Rp5,000 (market cap 4.04T, 49K 24h volume). The key difference: Bayan Resources Tbk. is far larger — about 94.9× Citra Tubindo Tbk.'s market cap, and Citra Tubindo Tbk. is more actively traded (49K versus 16.6K). Which is the better fit depends on your goals.
| BYAN | CTBN | |
|---|---|---|
Market Cap | 383.33T | 4.04T |
Volume | 16.6K | 49K |
Lot | 166 | 490 |
Turnover | 193.57M | 245.01M |
Average Price | 11,660.84 | 5,000.14 |
Value | 193.57M | 245.01M |
Indicative Equilibrium Price | 11,500 | 5,000 |
Indicative Equilibrium Volume | 1.2K | 2 |
Trailing returns across standard periods
Latest headlines on both assets
Bayan Resources Tbk, PT (the company) was established on 7 Oct 2004 based on Notaries Deed No. 12 and the deed of establishment was approved by the the Ministry of Justice dated Dec 21, 2004. The Company’s articles of association has been amended several times, most recently by notarial deed No. 7 of Aulia Taufani, S.H., dated Jun 2, 2008, concerning among others, increase authorized, par value and public offering.
Read more on BYAN →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 →