As of September 4, 2024, BARITO RENEWABLES ENERGY TBK is the most valuable company in Indonesia, with a market cap of $88.33 billion. Following it are BANK CENTRAL ASIA TBK ($80.79 billion) and CHANDRA ASRI PACIFIC TBK ($52.66 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 | $88.33 billion |
| 2 | PT BANK CENTRAL ASIA TBK | $80.79 billion |
| 3 | PT CHANDRA ASRI PACIFIC TBK | $52.66 billion |
| 4 | PT BANK RAKYAT INDONESIA (PERSERO) TBK | $50.26 billion |
| 5 | PT AMMAN MINERAL INTERNASIONAL TBK | $49.75 billion |
| 6 | PT BANK MANDIRI (PERSERO) TBK | $42.53 billion |
| 7 | PT BAYAN RESOURCES TBK. | $35.75 billion |
| 8 | PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA TBK | $19.65 billion |
| 9 | PT DIAN SWASTATIKA SENTOSA TBK | $16.43 billion |
| 10 | PT ASTRA INTERNATIONAL TBK | $13.36 billion |
| 11 | PT BANK NEGARA INDONESIA (PERSERO) TBK | $12.9 billion |
| 12 | PT INDOFOOD CBP SUKSES MAKMUR TBK | $8.54 billion |
| 13 | PT PANTAI INDAH KAPUK DUA TBK | $7.99 billion |
| 14 | PT BANK SYARIAH INDONESIA TBK | $7.7 billion |
| 15 | PT SUMBER ALFARIA TRIJAYA TBK | $7.68 billion |
| 16 | PT ADARO ENERGY INDONESIA TBK | $7.13 billion |
| 17 | PT BARITO PACIFIC TBK | $6.68 billion |
| 18 | PT UNITED TRACTORS TBK | $6.5 billion |
| 19 | PT PETRINDO JAYA KREASI TBK | $6.43 billion |
| 20 | PT DCI INDONESIA TBK | $6.18 billion |
| 21 | PT SINAR MAS MULTIARTHA TBK | $5.95 billion |
| 22 | PT MNC DIGITAL ENTERTAINMENT TBK | $5.92 billion |
| 23 | PT INDORITEL MAKMUR INTERNASIONAL TBK. | $5.69 billion |
| 24 | PT UNILEVER INDONESIA TBK | $5.53 billion |
| 25 | PT HANJAYA MANDALA SAMPOERNA TBK | $5.36 billion |
| 26 | PT SOLUSI TUNAS PRATAMA TBK | $3.21 billion |
| 27 | PT BANK CIMB NIAGA TBK | $3.05 billion |
| 28 | PT PERTAMINA GEOTHERMAL ENERGY TBK | $3.02 billion |
| 29 | PT INDAH KIAT PULP & PAPER TBK | $2.85 billion |
| 30 | PT BANK PERMATA TBK | $2.82 billion |
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