Citra Tubindo Tbk. vs Armada Berjaya Trans Tbk — how do they compare? Citra Tubindo Tbk. trades at Rp5,050 (market cap 4T, 15.5K 24h volume), while Armada Berjaya Trans Tbk trades at Rp122 (market cap 98.22B, 1.51M 24h volume). The key difference: Citra Tubindo Tbk. is far larger — about 40.7× Armada Berjaya Trans Tbk's market cap, and Armada Berjaya Trans Tbk is more actively traded (1.51M versus 15.5K). Which is the better fit depends on your goals.
| CTBN | JAYA | |
|---|---|---|
Market Cap | 4T | 98.22B |
Volume | 15.5K | 1.51M |
Lot | 155 | 15.11K |
Turnover | 79.45M | 184.66M |
Average Price | 5,125.97 | 122.18 |
Value | 79.45M | 184.66M |
Indicative Equilibrium Price | 5,050 | 122 |
Indicative Equilibrium Volume | 7 | 45 |
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 Armada Berjaya Trans (“the Entity”) was established based on the Notarial Deed No. 41 dated May 30, 2012 of Myra Yuwono, S.H. The Articles of Assocation has been amended several times, and the latest changes are stated in the Notarial Deed of Christina Dwi Utami, S.H. No. 39 dated August 21, 2018, concerning in the change in the Entity’s name from PT Armada Beton to PT Armada Berjaya Trans. PT Armada Beton specialising in Cement Mixer transporter. Since 2015 the company shifted its focus into general land transport business.
Read more on JAYA →