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CEOWORLD magazine - Latest - Banking and Finance - Thailand’s Largest Companies by market capitalization, 2024

Banking and Finance

Thailand’s Largest Companies by market capitalization, 2024

As of January 16, 2025, DELTA ELECTRONICS (THAILAND) is the most valuable company in Thailand, with a market cap of $50.44 billion. Following it are PTT ($25.78 billion) and ADVANCED INFO SERVICE ($24.65 billion).

Which one is the most valuable in Thailand by market cap? This list comprises the biggest companies currently in Thailand by market cap in 2024:

Thailand’s Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)
1DELTA ELECTRONICS (THAILAND)$50.44 billion
2PTT$25.78 billion
3ADVANCED INFO SERVICE$24.65 billion
4AIRPORTS OF THAILAND$23.73 billion
5GULF ENERGY DEVELOPMENT$20.33 billion
6PTT EXPLORATION AND PRODUCTION$14.79 billion
7CP ALL$14.47 billion
8THE SIAM COMMERCIAL BANK$11.82 billion
9TRUE CORPORATION$11.78 billion
10KASIKORNBANK$11.19 billion
11BANGKOK DUSIT MEDICAL SERVICES$10.92 billion
12INTOUCH HOLDINGS$9.35 billion
13KRUNG THAI BANK$8.96 billion
14BANGKOK BANK$8.46 billion
15CP AXTRGDS$8.21 billion
16CENTRAL PATTANA$7.03 billion
17CENTRAL RETAIL CORPORATION$5.92 billion
18THE SIAM CEMENT$5.48 billion
19CHAROEN POKPHAND FOODS$5.31 billion
20BANK OF AYUDHYA$5.18 billion
21TMBTHANACHART BANK$5.15 billion
22BUMRUNGRAD HOSPITAL$4.47 billion
23PTT OIL AND RETAIL BUSINESS$4.23 billion
24MINOR INTERNATIONAL$3.91 billion
25INDORAMA VENTURES$3.81 billion
26KRUNGTHAI CARD$3.78 billion
27GLOW ENERGY PUBLIC COMPANY LIMITED$3.72 billion
28THAI LIFE INSURANCE$3.64 billion
29HOME PRODUCT CENTER$3.32 billion
30PTT GLOBAL CHEMICAL$3 billion

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CEOWORLD magazine - Latest - Banking and Finance - Thailand’s Largest Companies by market capitalization, 2024
Frank Brown
Senior Writer at CEOWORLD Magazine. I am an experienced business journalist and commentator, currently senior business writer and consulting editor for the Executive Council of CEOWORLD Magazine. I have held a number of senior leadership and strategic roles at the CEOWORLD Magazine, heading teams in London and New York, and have spearheaded important editorial projects and events.