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
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
|---|---|---|
| 1 | DELTA ELECTRONICS (THAILAND) | $28.85 billion |
| 2 | PTT | $26.77 billion |
| 3 | ADVANCED INFO SERVICE | $26.01 billion |
| 4 | GULF ENERGY DEVELOPMENT | $20.24 billion |
| 5 | AIRPORTS OF THAILAND | $18.49 billion |
| 6 | PTT EXPLORATION AND PRODUCTION | $15.06 billion |
| 7 | CP ALL | $13.83 billion |
| 8 | TRUE CORPORATION | $12.95 billion |
| 9 | THE SIAM COMMERCIAL BANK | $12.57 billion |
| 10 | KASIKORNBANK | $11.45 billion |
| 11 | BANGKOK DUSIT MEDICAL SERVICES | $11.06 billion |
| 12 | KRUNG THAI BANK | $9.9 billion |
| 13 | INTOUCH HOLDINGS | $9.47 billion |
| 14 | BANGKOK BANK | $8.86 billion |
| 15 | CP AXTRGDS | $8.53 billion |
| 16 | CENTRAL PATTANA | $6.98 billion |
| 17 | CENTRAL RETAIL CORPORATION | $6.46 billion |
| 18 | TMBTHANACHART BANK | $5.77 billion |
| 19 | CHAROEN POKPHAND FOODS | $5.49 billion |
| 20 | THE SIAM CEMENT | $5.3 billion |
| 21 | BANK OF AYUDHYA | $5.05 billion |
| 22 | MINOR INTERNATIONAL | $4.68 billion |
| 23 | PTT OIL AND RETAIL BUSINESS | $4.39 billion |
| 24 | BUMRUNGRAD HOSPITAL | $4.41 billion |
| 25 | KRUNGTHAI CARD | $3.95 billion |
| 26 | INDORAMA VENTURES | $3.76 billion |
| 27 | THAI LIFE INSURANCE | $3.85 billion |
| 28 | GLOW ENERGY PUBLIC COMPANY LIMITED | $3.72 billion |
| 29 | HOME PRODUCT CENTER | $3.38 billion |
| 30 | MUANGTHAI CAPITAL | $2.98 billion |
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