Citra Tubindo Tbk. vs Bakrieland Development Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp5,050 (market cap 4.04T, 44.5K 24h volume), while Bakrieland Development Tbk. trades at Rp22 (market cap 957.48B, 12.03M 24h volume). The key difference: Citra Tubindo Tbk. is far larger — about 4.2× Bakrieland Development Tbk.'s market cap, and Bakrieland Development Tbk. is more actively traded (12.03M versus 44.5K). Which is the better fit depends on your goals.
| CTBN | ELTY | |
|---|---|---|
Market Cap | 4.04T | 957.48B |
Volume | 44.5K | 12.03M |
Lot | 445 | 120.35K |
Turnover | 222.44M | 264.77M |
Average Price | 4,998.7 | 22 |
Value | 222.44M | 264.77M |
Indicative Equilibrium Price | 5,000 | 22 |
Indicative Equilibrium Volume | 2 | 49.41K |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Bakrieland Development Tbk. (“The Company”) was established with Notarial Deed No. 209 of John Leonard Waworuntu, S.H., dated June 12, 1990. The Company's articles of association have been amended several times, among others, the changes of the Company's name from PT Elang Realty (formerly PT. Purilestari Indah Pratama) Tbk. to PT Bakrieland Development Tbk. which have been notarized by Notarial Deed No. 29 of Harun Kamil, S.H., dated April 3, 1997.
Read more on ELTY →