Citra Tubindo Tbk. vs Indo Straits Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp5,050 (market cap 4T, 15.5K 24h volume), while Indo Straits Tbk. trades at Rp268 (market cap 147.44B, 16K 24h volume). The key difference: Citra Tubindo Tbk. is far larger — about 27.1× Indo Straits Tbk.'s market cap, and Indo Straits Tbk. is more actively traded (16K versus 15.5K). Which is the better fit depends on your goals.
| CTBN | PTIS | |
|---|---|---|
Market Cap | 4T | 147.44B |
Volume | 15.5K | 16K |
Lot | 155 | 160 |
Turnover | 79.45M | 4.22M |
Average Price | 5,125.97 | 263.75 |
Value | 79.45M | 4.22M |
Indicative Equilibrium Price | 5,050 | 268 |
Indicative Equilibrium Volume | 7 | 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 Indo Straits (the "Company") was established based on Notarial Deed No 319 of Ridwan SH, dated January 21, 1985. The Company's Articles of Association have been amended several times. The latest amendment was based on Notarial Deed No. 4 of Leolin Jayanti SH dated March 8, 2011 pertaining of change composition of the Company's board of Commissioners and Boards of Directors, issuance of new share to be offered to the public in the Initial Public Offering, and amendment of the Article of Association of the Company to become a public entity.
Read more on PTIS →