Ciputra Development Tbk vs Multi Makmur Lemindo Tbk. — how do they compare? Ciputra Development Tbk trades at Rp595 (market cap 11.03T), while Multi Makmur Lemindo Tbk. trades at Rp124 (market cap 424.84B). The key difference: Ciputra Development Tbk is far larger — about 26× Multi Makmur Lemindo Tbk.'s market cap. Which is the better fit depends on your goals.
| CTRA | PIPA | |
|---|---|---|
Market Cap | 11.03T | 424.84B |
Trailing returns across standard periods
Latest headlines on both assets
PT Ciputra Development Tbk (the Company) was established in the Republic of Indonesia originally under the name PT Citra Habitat Indonesia based on notarial deed No. 22 dated October 22, 1981. Ciputra Developments main interest is in residential and township developments which account for approximately 90% of the companies total sales. The company has nine flagship development projects.
Read more on CTRA →PT Multi Makmur Lemindo Tbk (the Company) was established based on Notarial Deed No. 66 dated January 11, 2012 of Deni Nugraha, S.E., S.H., M.Kn., notary in Tangerang. The Company started its commercial operations in 2005.
Read more on PIPA →