Citra Tubindo Tbk. vs Tower Bersama Infrastructure Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp5,000 (market cap 4.04T, 37.4K 24h volume), while Tower Bersama Infrastructure Tbk. trades at Rp1,430 (market cap 32.97T, 22K 24h volume). The key difference: Tower Bersama Infrastructure Tbk. is far larger — about 8.2× Citra Tubindo Tbk.'s market cap, and Citra Tubindo Tbk. is more actively traded (37.4K versus 22K). Which is the better fit depends on your goals.
| CTBN | TBIG | |
|---|---|---|
Market Cap | 4.04T | 32.97T |
Volume | 37.4K | 22K |
Lot | 374 | 220 |
Turnover | 186.94M | 31.54M |
Average Price | 4,998.29 | 1,433.61 |
Value | 186.94M | 31.54M |
Indicative Equilibrium Price | 5,000 | 1,450 |
Indicative Equilibrium Volume | 2 | 13 |
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 Tower Bersama Infrastructure (the Company) was established under its original name of PT Banyan Mas on Nov 8th, 2004 then changed to PT Tower Bersama Infrastructure based on Notaries Deed dated Oct 24, 2009 and the deed of establishment was approved by the the Ministry of Justice dated Feb 13, 2008. The Company’s articles of association has been amended several times, most recently by notarial deed No. 145 of Aulia Taufani, S.H., dated Jul 21, 2010, concerning among others, the change in the Company’s name, equity, public company and for the amendments in the company's whole articles of Association to comply with the requirements of the Capital Market and Financial Institutions Supervisory Agency.
Read more on TBIG →