As of January 16, 2025, BARITO RENEWABLES ENERGY TBK is the most valuable company in Indonesia, with a market cap of $74.4 billion. Following it are BANK CENTRAL ASIA TBK PT ($74.03 billion) and PT BAYAN RESOURCES TBK. ($41.87 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 BARITO RENEWABLES ENERGY TBK | $74.4 billion |
| 2 | PT BANK CENTRAL ASIA TBK | $74.03 billion |
| 3 | PT BAYAN RESOURCES TBK. | $41.87 billion |
| 4 | PT BANK RAKYAT INDONESIA (PERSERO) TBK | $37.76 billion |
| 5 | PT AMMAN MINERAL INTERNASIONAL TBK | $36.99 billion |
| 6 | PT CHANDRA ASRI PACIFIC TBK | $35.39 billion |
| 7 | PT BANK MANDIRI (PERSERO) TBK | $32.89 billion |
| 8 | PT PANTAI INDAH KAPUK DUA TBK | $16.35 billion |
| 9 | PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA TBK | $15.97 billion |
| 10 | PT DIAN SWASTATIKA SENTOSA TBK | $13.76 billion |
| 11 | PT ASTRA INTERNATIONAL TBK | $12.25 billion |
| 12 | PT BANK NEGARA INDONESIA (PERSERO) TBK | $10.07 billion |
| 13 | PT PETRINDO JAYA KREASI TBK | $9.37 billion |
| 14 | PT INDORITEL MAKMUR INTERNASIONAL TBK. | $7.93 billion |
| 15 | PT BANK SYARIAH INDONESIA TBK | $7.77 billion |
| 16 | PT INDOFOOD CBP SUKSES MAKMUR TBK | $7.7 billion |
| 17 | PT SUMBER ALFARIA TRIJAYA TBK | $7.25 billion |
| 18 | PT SINAR MAS MULTIARTHA TBK | $6.05 billion |
| 19 | PT DCI INDONESIA TBK | $6.02 billion |
| 20 | PT UNITED TRACTORS TBK | $5.72 billion |
| 21 | PT BARITO PACIFIC TBK | $5.45 billion |
| 22 | PT GOTO GOJEK TOKOPEDIA TBK | $5.2 billion |
| 23 | PT INDOSAT OOREDOO HUTCHISON TBK | $4.7 billion |
| 24 | PT CHAROEN POKPHAND INDONESIA TBK | $4.62 billion |
| 25 | PT ALAMTRI RESOURCES INDONESIA TBK | $4.52 billion |
| 26 | PT HANJAYA MANDALA SAMPOERNA TBK | $4.42 billion |
| 27 | PT ADARO ANDALAN INDONESIA TBK | $4.21 billion |
| 28 | PT INDOFOOD SUKSES MAKMUR TBK | $4.14 billion |
| 29 | PT UNILEVER INDONESIA TBK | $4.06 billion |
| 30 | PT GOLDEN ENERGY MINES TBK | $3.78 billion |
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