As of March 12, 2024, PTT Public Company LTD is the most valuable company in Thailand, with a market cap of $27.42 billion. Following it are AIRPORTS OF THAILAND ($26.83 billion) and DELTA ELECTRONICS (THAILAND) ($24.75 billion). Thailand’s top five most valuable companies include some of the world’s most renowned brands: ADVANCED INFO SERVICE (No. 4, $17.72 billion) and PTT EXPLORATION AND PRODUCTION (No. 5, $17.1 billion).
Overall, among Thailand’s top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by GULF ENERGY DEVELOPMENT, CP ALL, BANGKOK DUSIT MEDICAL SERVICES, THE SIAM COMMERCIAL BANK, and SIAM MAKRO.
Which one is the most valuable in Thailand by market cap? This list comprises the biggest companies currently in Thailand by market cap in 2024:
Thailand’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) | CEO |
|---|---|---|---|
| 1 | PTT | $27.42 billion | Auttapol Rerkpiboon |
| 2 | AIRPORTS OF THAILAND | $26.83 billion | Kerati Kijmanawat |
| 3 | DELTA ELECTRONICS (THAILAND) | $24.75 billion | Victor Cheng |
| 4 | ADVANCED INFO SERVICE | $17.72 billion | Somchai Lertsutiwong |
| 5 | PTT EXPLORATION AND PRODUCTION | $17.1 billion | Montri Rawanchaikul MASc |
| 6 | GULF ENERGY DEVELOPMENT | $14.83 billion | Sarath Ratanavadi |
| 7 | CP ALL | $14.65 billion | Yuthasak Poomsurakul |
| 8 | BANGKOK DUSIT MEDICAL SERVICES | $13.01 billion | Poramaporn Prasarttong-Osoth |
| 9 | THE SIAM COMMERCIAL BANK | $10.79 billion | Kris Chantanotoke |
| 10 | SIAM MAKRO | $10.16 billion | Suchada Ithijarakul |
| 11 | THE SIAM CEMENT | $9.12 billion | Thammasak Sethaudom |
| 12 | CENTRAL PATTANA | $8.3 billion | Wallaya Chirathivat |
| 13 | KASIKORNBANK | $8.26 billion | Kattiya Indaravijaya |
| 14 | BANGKOK BANK | $7.65 billion | Chartsiri Sophonpanich |
| 15 | TRUE CORPORATION | $7.32 billion | Manat Manavutiveth |
| 16 | INTOUCH HOLDINGS | $6.34 billion | Kim Siritaweechai |
| 17 | KRUNG THAI BANK | $6.31 billion | Payong Srivanich |
| 18 | CENTRAL RETAIL CORPORATION | $6.17 billion | Yol Phokasub |
| 19 | PTT OIL AND RETAIL BUSINESS | $6.1 billion | Disathat Panyarachun |
| 20 | BANK OF AYUDHYA | $5.5 billion | Kenichi Yamato |
| 21 | MINOR INTERNATIONAL | $5.24 billion | Emmanuel Jude Dillipraj Rajakarier |
| 22 | BUMRUNGRAD HOSPITAL | $5.16 billion | Artirat Charukitpipat |
| 23 | TMBTHANACHART BANK | $5.1 billion | Piti Tantakasem |
| 24 | PTT GLOBAL CHEMICAL | $4.81 billion | Kongkrapan Intarajang |
| 25 | GLOBAL POWER SYNERGY | $4.38 billion | Worawat Pitayasiri |
| 26 | DIGITAL TELECOMMUNICATIONS INFRASTRUCTURE FUND | $2.33 billion | Narongsak Plodmechai |
| 27 | TISCO FINANCIAL GROUP | $2.29 billion | Sakchai Peechapat |
| 28 | THAI PRESIDENT FOODS | $2.22 billion | Pipat Paniangvait |
| 29 | B.GRIMM POWER | $2.1 billion | Harald Link |
| 30 | WHA CORPORATION | $2.03 billion | Jareeporn Jarukornsakul |
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