Citra Tubindo Tbk. vs Multi Bintang Indonesia Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp5,000 (market cap 4.04T, 42.1K 24h volume), while Multi Bintang Indonesia Tbk. trades at Rp6,300 (market cap 13.33T, 12.9K 24h volume). The key difference: Multi Bintang Indonesia Tbk. is far larger — about 3.3× Citra Tubindo Tbk.'s market cap, and Citra Tubindo Tbk. is more actively traded (42.1K versus 12.9K). Which is the better fit depends on your goals.
| CTBN | MLBI | |
|---|---|---|
Market Cap | 4.04T | 13.33T |
Volume | 42.1K | 12.9K |
Lot | 421 | 129 |
Turnover | 210.45M | 81.47M |
Average Price | 4,998.84 | 6,315.12 |
Value | 210.45M | 81.47M |
Indicative Equilibrium Price | 5,000 | — |
Indicative Equilibrium Volume | 2 | — |
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 Multi Bintang Indonesia Tbk (The Company) was established on June 3, 1929, based on notarial deed No. 8 of Tjeerd Dijkstra, notary public in Medan, under the name of NV Nederlandsch Indische Bierbrouwerijen. The Company is part of the Heineken Group, where the ultimate shareholder is Heineken N.V. (Heineken).
Read more on MLBI →