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CEOWORLD magazine - Latest - CEO Explainers - Thailand’s Largest Companies by market capitalization, 2024

CEO Explainers

Thailand’s Largest Companies by market capitalization, 2024

As of February 19, 2025, DELTA ELECTRONICS (THAILAND) is the most valuable company in Thailand, with a market cap of $28.85 billion. Following it are PTT ($26.77 billion) and ADVANCED INFO SERVICE ($26.01 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)$28.85 billion
2PTT$26.77 billion
3ADVANCED INFO SERVICE$26.01 billion
4GULF ENERGY DEVELOPMENT$20.24 billion
5AIRPORTS OF THAILAND$18.49 billion
6PTT EXPLORATION AND PRODUCTION$15.06 billion
7CP ALL$13.83 billion
8TRUE CORPORATION$12.95 billion
9THE SIAM COMMERCIAL BANK$12.57 billion
10KASIKORNBANK$11.45 billion
11BANGKOK DUSIT MEDICAL SERVICES$11.06 billion
12KRUNG THAI BANK$9.9 billion
13INTOUCH HOLDINGS$9.47 billion
14BANGKOK BANK$8.86 billion
15CP AXTRGDS$8.53 billion
16CENTRAL PATTANA$6.98 billion
17CENTRAL RETAIL CORPORATION$6.46 billion
18TMBTHANACHART BANK$5.77 billion
19CHAROEN POKPHAND FOODS$5.49 billion
20THE SIAM CEMENT$5.3 billion
21BANK OF AYUDHYA$5.05 billion
22MINOR INTERNATIONAL$4.68 billion
23PTT OIL AND RETAIL BUSINESS$4.39 billion
24BUMRUNGRAD HOSPITAL$4.41 billion
25KRUNGTHAI CARD$3.95 billion
26INDORAMA VENTURES$3.76 billion
27THAI LIFE INSURANCE$3.85 billion
28GLOW ENERGY PUBLIC COMPANY LIMITED$3.72 billion
29HOME PRODUCT CENTER$3.38 billion
30MUANGTHAI CAPITAL$2.98 billion

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CEOWORLD magazine - Latest - CEO Explainers - 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.