Citra Tubindo Tbk. vs Sumi Indo Kabel Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp5,050 (market cap 4T, 15.5K 24h volume), while Sumi Indo Kabel Tbk. trades at Rp565 (market cap 679.32B, 83.5K 24h volume). The key difference: Citra Tubindo Tbk. is far larger — about 5.9× Sumi Indo Kabel Tbk.'s market cap, and Sumi Indo Kabel Tbk. is more actively traded (83.5K versus 15.5K). Which is the better fit depends on your goals.
| CTBN | IKBI | |
|---|---|---|
Market Cap | 4T | 679.32B |
Volume | 15.5K | 83.5K |
Lot | 155 | 835 |
Turnover | 79.45M | 47.29M |
Average Price | 5,125.97 | 566.29 |
Value | 79.45M | 47.29M |
Indicative Equilibrium Price | 5,050 | 560 |
Indicative Equilibrium Volume | 7 | 1 |
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 →The Company was established on July 23, 1981 with its Head Office and Factory located in Tangerang, West Java. The Company was listed in JSX and SSX in 1990. On 1994 the Company changed status of the Company to become Foreign Capital Investment (PMA), right after participation of Sumitomo Electric Industries, Ltd., Japan which is one of the biggest in the world in cable industry and PT Perdanamulia Ekasakti.
Read more on IKBI →