As of December 11, 2024, BANK CENTRAL ASIA TBK is the most valuable company in Indonesia, with a market cap of $80.42 billion. Following it are BARITO RENEWABLES ENERGY TBK ($71.26 billion) and PT CHANDRA ASRI PACIFIC TBK ($43.49 billion).
Which one is the most valuable in Indonesia by market cap? This list comprises the biggest companies currently in Indonesia by market cap in 2024:
Indonesia’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
|---|---|---|
| 1 | PT BANK CENTRAL ASIA TBK | $80.42 billion |
| 2 | PT BARITO RENEWABLES ENERGY TBK | $71.26 billion |
| 3 | PT CHANDRA ASRI PACIFIC TBK | $43.49 billion |
| 4 | PT AMMAN MINERAL INTERNASIONAL TBK | $42.85 billion |
| 5 | PT BAYAN RESOURCES TBK. | $42.02 billion |
| 6 | PT BANK RAKYAT INDONESIA (PERSERO) TBK | $41.4 billion |
| 7 | PT BANK MANDIRI (PERSERO) TBK | $37.06 billion |
| 8 | PT PANTAI INDAH KAPUK DUA TBK | $18.73 billion |
| 9 | PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA TBK | $17.3 billion |
| 10 | PT DIAN SWASTATIKA SENTOSA TBK | $14.73 billion |
| 11 | PT ASTRA INTERNATIONAL TBK | $13.33 billion |
| 12 | PT BANK NEGARA INDONESIA (PERSERO) TBK | $11.98 billion |
| 13 | PT BANK SYARIAH INDONESIA TBK | $8.64 billion |
| 14 | PT INDOFOOD CBP SUKSES MAKMUR TBK | $8.62 billion |
| 15 | PT INDORITEL MAKMUR INTERNASIONAL TBK. | $8.11 billion |
| 16 | PT SUMBER ALFARIA TRIJAYA TBK | $7.98 billion |
| 17 | PT UNITED TRACTORS TBK | $6.46 billion |
| 18 | PT DCI INDONESIA TBK | $6.39 billion |
| 19 | PT SINAR MAS MULTIARTHA TBK | $5.86 billion |
| 20 | PT BARITO PACIFIC TBK | $5.52 billion |
| 21 | PT GOTO GOJEK TOKOPEDIA TBK | $5.34 billion |
| 22 | PT ALAMTRI RESOURCES INDONESIA TBK | $5.29 billion |
| 23 | PT PETRINDO JAYA KREASI TBK | $5.17 billion |
| 24 | PT CHAROEN POKPHAND INDONESIA TBK | $5.1 billion |
| 25 | PT ADARO ANDALAN INDONESIA TBK | $5.04 billion |
| 26 | PT INDOSAT OOREDOO HUTCHISON TBK | $5.02 billion |
| 27 | PT HANJAYA MANDALA SAMPOERNA TBK | $4.88 billion |
| 28 | PT UNILEVER INDONESIA TBK | $4.81 billion |
| 29 | PT INDOFOOD SUKSES MAKMUR TBK | $4.51 billion |
| 30 | PT KALBE FARMA TBK. | $4.38 billion |
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