Citra Tubindo Tbk. vs Perusahaan Gas Negara Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp5,050 (market cap 4T, 15.5K 24h volume), while Perusahaan Gas Negara Tbk. trades at Rp1,490 (market cap 36.12T, 23.7M 24h volume). The key difference: Perusahaan Gas Negara Tbk. is far larger — about 9× Citra Tubindo Tbk.'s market cap, and Perusahaan Gas Negara Tbk. is more actively traded (23.7M versus 15.5K). Which is the better fit depends on your goals.
| CTBN | PGAS | |
|---|---|---|
Market Cap | 4T | 36.12T |
Volume | 15.5K | 23.7M |
Lot | 155 | 237.02K |
Turnover | 79.45M | 35.43B |
Average Price | 5,125.97 | 1,494.62 |
Value | 79.45M | 35.43B |
Indicative Equilibrium Price | 5,050 | 1,490 |
Indicative Equilibrium Volume | 7 | 21.27K |
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 Perusahaan Gas Negara (Persero) (the company) originated from a private Dutch company named Firma L.J.N Eindhoven & Co. Gravenhage, which was established in 1859. The company was named NV. Netherland Indische Gaz Maatscapij when the Dutch took control in 1950. In 1958, when Government of Indonesia took over company, the name was changed to Badan Pengambil Alih Perusahaan-perusahaan Listrik dan Gas (BP3LG), and then became BPU-PLN in 1961. On May 13, 1965, the company was established as a state company and known as PN Gas. In 1984, PN Gas converted into public service enterprices (perum) under the name of Perum Gas. And in 1996 the status of company was changed to PT Perusahaan Gas Negara (Persero).
Read more on PGAS →