As of November 14, 2024, BANK CENTRAL ASIA TBK is the most valuable company in Indonesia, with a market cap of $79.29 billion. Following it are BARITO RENEWABLES ENERGY TBK ($62.52 billion) and PT BANK RAKYAT INDONESIA (PERSERO) TBK ($43.72 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 | $79.29 billion |
| 2 | PT BARITO RENEWABLES ENERGY TBK | $62.52 billion |
| 3 | PT BANK RAKYAT INDONESIA (PERSERO) TBK | $43.72 billion |
| 4 | PT AMMAN MINERAL INTERNASIONAL TBK | $43.66 billion |
| 5 | PT BANK MANDIRI (PERSERO) TBK | $38 billion |
| 6 | PT BAYAN RESOURCES TBK. | $37.81 billion |
| 7 | PT CHANDRA ASRI PACIFIC TBK | $37.55 billion |
| 8 | PT PANTAI INDAH KAPUK DUA TBK | $16.96 billion |
| 9 | PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA TBK | $16.2 billion |
| 10 | PT DIAN SWASTATIKA SENTOSA TBK | $15.25 billion |
| 11 | PT ASTRA INTERNATIONAL TBK | $12.89 billion |
| 12 | PT BANK NEGARA INDONESIA (PERSERO) TBK | $11.71 billion |
| 13 | PT INDOFOOD CBP SUKSES MAKMUR TBK | $8.76 billion |
| 14 | PT BANK SYARIAH INDONESIA TBK | $8.45 billion |
| 15 | PT INDORITEL MAKMUR INTERNASIONAL TBK. | $8.34 billion |
| 16 | PT SUMBER ALFARIA TRIJAYA TBK | $7.76 billion |
| 17 | PT ADARO ENERGY INDONESIA TBK | $7.64 billion |
| 18 | PT DCI INDONESIA TBK | $6.18 billion |
| 19 | PT UNITED TRACTORS TBK | $6.08 billion |
| 20 | PT SINAR MAS MULTIARTHA TBK | $5.89 billion |
| 21 | PT BARITO PACIFIC TBK | $5.29 billion |
| 22 | PT PETRINDO JAYA KREASI TBK | $5.18 billion |
| 23 | PT CHAROEN POKPHAND INDONESIA TBK | $5.06 billion |
| 24 | PT HANJAYA MANDALA SAMPOERNA TBK | $5.05 billion |
| 25 | PT GOTO GOJEK TOKOPEDIA TBK | $4.54 billion |
| 26 | PT INDOSAT OOREDOO HUTCHISON TBK | $4.5 billion |
| 27 | PT KALBE FARMA TBK. | $4.39 billion |
| 28 | PT UNILEVER INDONESIA TBK | $4.35 billion |
| 29 | PT INDOFOOD SUKSES MAKMUR TBK | $4.3 billion |
| 30 | PT MNC DIGITAL ENTERTAINMENT TBK | $4.25 billion |
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