Citra Tubindo Tbk. vs Rig Tenders Indonesia Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp5,150 (market cap 4.04T, 39.3K 24h volume), while Rig Tenders Indonesia Tbk. trades at Rp690 (market cap 420.3B). The key difference: Citra Tubindo Tbk. is far larger — about 9.6× Rig Tenders Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| CTBN | RIGS | |
|---|---|---|
Market Cap | 4.04T | 420.3B |
Volume | 39.3K | — |
Lot | 393 | — |
Turnover | 196.45M | — |
Average Price | 4,998.75 | — |
Value | 196.45M | — |
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 Rig Tenders Indonesia Tbk (the Company) was established within the framework of the Foreign Capital Investment Law No. 1 year 1967, as amended by Law No. 11 year 1970, based on Notarial Deed of Mrs. Darwani Sidi Bakaroedin, S.H. No. 25 dated 22 January 1974, which was approved by the Minister of Justice of the Republic of Indonesia in his Decision Letter No. Y.A. 5/98/10, dated 1 April 1974, and was published in State Gazette of the Republic of Indonesia No. 39 dated 14 May 1974, Supplement No. 187/1974. PT. Rigs Tenders Indonesia provides shipping services for the offshore oil and gas industry in Indonesia waters. Supported by a fleet of 23 vessels since 1988.
Read more on RIGS →