As of March 12, 2024, BANK CENTRAL ASIA TBK is the most valuable company in Indonesia, with a market cap of $80.63 billion. Following it are BANK RAKYAT INDONESIA (PERSERO) ($61.7 billion) and BARITO RENEWABLES ENERGY ($52.81 billion). Indonesia’s top five most valuable companies include some of the world’s most renowned brands: BANK MANDIRI (PERSERO) (No. 4, $42.85 billion) and BAYAN RESOURCES TBK (No. 5, $41.89 billion).
Overall, among Indonesia’s top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by AMMAN MINERAL INTERNASIONAL, CHANDRA ASRI PACIFIC TBK, PERUSAHAAN PERSEROAN (PERSERO) TELEKOMUNIKASI INDONESIA, PT. CHANDRA ASRI PETROCHEMICAL, BANK NEGARA INDONESIA (PERSERO), and ASTRA INTERNATIONAL.
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) | CEO |
|---|---|---|---|
| 1 | PT BANK CENTRAL ASIA TBK | $80.63 billion | Jahja Setiaatmadja |
| 2 | PT BANK RAKYAT INDONESIA (PERSERO) TBK | $61.7 billion | Sunarso |
| 3 | PT BARITO RENEWABLES ENERGY TBK | $52.81 billion | Agus Salim Pangestu |
| 4 | PT BANK MANDIRI (PERSERO) TBK | $42.85 billion | Darmawan Junaidi |
| 5 | PT BAYAN RESOURCES TBK. | $41.89 billion | Tuck Kwong Low |
| 6 | PT AMMAN MINERAL INTERNASIONAL TBK | $38.81 billion | Alexander Ramlie |
| 7 | PT CHANDRA ASRI PACIFIC TBK | $31.08 billion | Erwin Ciputra |
| 8 | PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA TBK | $24.64 billion | Ririek Adriansyah |
| 9 | PT BANK NEGARA INDONESIA (PERSERO) TBK | $14.65 billion | Royke Tumilaar |
| 10 | PT ASTRA INTERNATIONAL TBK | $13.44 billion | Djony Bunarto Tjondro |
| 11 | PT INDOFOOD CBP SUKSES MAKMUR TBK | $8.1 billion | Anthoni Salim |
| 12 | PT BANK SYARIAH INDONESIA TBK | $7.73 billion | Hery Gunardi |
| 13 | PT SUMBER ALFARIA TRIJAYA TBK | $7.47 billion | Anggara Hans Prawira |
| 14 | PT UNILEVER INDONESIA TBK | $6.54 billion | Ira Noviarti |
| 15 | PT HANJAYA MANDALA SAMPOERNA TBK | $6.41 billion | Vassilis Gkatzelis |
| 16 | PT BARITO PACIFIC TBK | $6.09 billion | Agus Salim Pangestu |
| 17 | PT INDOSAT OOREDOO HUTCHISON TBK | $6.07 billion | Vikram Sinha |
| 18 | PT SINAR MAS MULTIARTHA TBK | $5.97 billion | Burhanuddin Abdullah |
| 19 | PT UNITED TRACTORS TBK | $5.66 billion | Frans Kesuma |
| 20 | PT CHAROEN POKPHAND INDONESIA TBK | $5.47 billion | Tjiu Thomas Effendy |
| 21 | PT DCI INDONESIA TBK | $5.35 billion | Otto Toto Sugiri |
| 22 | PT ADARO ENERGY INDONESIA TBK | $5.31 billion | Garibaldi Thohir |
| 23 | PT PANTAI INDAH KAPUK DUA TBK | $5.29 billion | Prilli Budi P. Soetantyo |
| 24 | PT GOTO GOJEK TOKOPEDIA TBK | $4.89 billion | Sugito Walujo |
| 25 | PT DIAN SWASTATIKA SENTOSA TBK | $4.77 billion | L. Krisnan Cahya |
| 26 | PT SOLUSI TUNAS PRATAMA TBK | $2.92 billion | Juliawati Gunawan Halim |
| 27 | PT SARANA MENARA NUSANTARA TBK. | $2.86 billion | Ferdinandus Aming Santoso |
| 28 | PT TOWER BERSAMA INFRASTRUCTURE TBK | $2.71 billion | Hardi Wijaya Liong |
| 29 | PT MD PICTURES TBK | $2.6 billion | Manoj Dhamoo Punjabi |
| 30 | PT SEMEN INDONESIA (PERSERO) TBK | $2.57 billion | Donny Arsal |
Have you read?
The World’s Largest Companies by Market Cap, 2024.
The World’s Richest Female Billionaires, 2024.
Revealed: Countries in the world with the most female billionaires, 2024.
Poorest Countries in the World, 2024.
Ranked: Discover the Most Popular Sports in the United States, 2024.
Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
SUBSCRIBE NEWSLETTER
