Citra Tubindo Tbk. vs Equity Development Investment Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp4,990 (market cap 4.04T, 56.3K 24h volume), while Equity Development Investment Tbk. trades at Rp84 (market cap 1.31T, 2.92M 24h volume). The key difference: Citra Tubindo Tbk. is far larger — about 3.1× Equity Development Investment Tbk.'s market cap, and Equity Development Investment Tbk. is more actively traded (2.92M versus 56.3K). Which is the better fit depends on your goals.
| CTBN | GSMF | |
|---|---|---|
Market Cap | 4.04T | 1.31T |
Volume | 56.3K | 2.92M |
Lot | 563 | 29.21K |
Turnover | 281.5M | 244.49M |
Average Price | 5,000.03 | 83.7 |
Value | 281.5M | 244.49M |
Indicative Equilibrium Price | 5,000 | 85 |
Indicative Equilibrium Volume | 2 | 6.5K |
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 Equity Development Investment Tbk (the “Company”) was established in Jakarta under the name of PT Gajah Surya Arta Leasing on November 1, 1982 based on the Notarial Deed of Didi Sudjadi, S.H., No. 1, as amended by deed No. 30 dated March 6, 1985 of the same notary. The Company changed its name to be PT BDNI Capital Corporation Tbk. On February 7, 2001, it changed the named again to be PT GT Investama Kapital, Tbk.
Read more on GSMF →