As of December 28, 2024, BARITO RENEWABLES ENERGY TBK is the most valuable company in Indonesia, with a market cap of $75.81 billion. Following it are BANK CENTRAL ASIA TBK PT ($74.41 billion) and PT BAYAN RESOURCES TBK. ($41.47 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 | $75.81 billion |
| 2 | PT BANK CENTRAL ASIA TBK | $74.41 billion |
| 3 | PT BAYAN RESOURCES TBK. | $41.47 billion |
| 4 | PT CHANDRA ASRI PACIFIC TBK | $38.9 billion |
| 5 | PT BANK RAKYAT INDONESIA (PERSERO) TBK | $38.05 billion |
| 6 | PT AMMAN MINERAL INTERNASIONAL TBK | $36.96 billion |
| 7 | PT BANK MANDIRI (PERSERO) TBK | $33.34 billion |
| 8 | PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA TBK | $16.78 billion |
| 9 | PT PANTAI INDAH KAPUK DUA TBK | $16.64 billion |
| 10 | PT DIAN SWASTATIKA SENTOSA TBK | $14.07 billion |
| 11 | PT ASTRA INTERNATIONAL TBK | $12.29 billion |
| 12 | PT BANK NEGARA INDONESIA (PERSERO) TBK | $10.01 billion |
| 13 | PT INDOFOOD CBP SUKSES MAKMUR TBK | $8.21 billion |
| 14 | PT INDORITEL MAKMUR INTERNASIONAL TBK. | $7.91 billion |
| 15 | PT BANK SYARIAH INDONESIA TBK | $7.87 billion |
| 16 | PT PETRINDO JAYA KREASI TBK | $7.36 billion |
| 17 | PT SUMBER ALFARIA TRIJAYA TBK | $7.16 billion |
| 18 | PT DCI INDONESIA TBK | $6.18 billion |
| 19 | PT SINAR MAS MULTIARTHA TBK | $5.73 billion |
| 20 | PT UNITED TRACTORS TBK | $5.68 billion |
| 21 | PT BARITO PACIFIC TBK | $5.25 billion |
| 22 | PT INDOSAT OOREDOO HUTCHISON TBK | $4.89 billion |
| 23 | PT ALAMTRI RESOURCES INDONESIA TBK | $4.81 billion |
| 24 | PT CHAROEN POKPHAND INDONESIA TBK | $4.81 billion |
| 25 | PT HANJAYA MANDALA SAMPOERNA TBK | $4.55 billion |
| 26 | PT UNILEVER INDONESIA TBK | $4.32 billion |
| 27 | PT INDOFOOD SUKSES MAKMUR TBK | $4.16 billion |
| 28 | PT GOTO GOJEK TOKOPEDIA TBK | $4.11 billion |
| 29 | PT ADARO ANDALAN INDONESIA TBK | $3.92 billion |
| 30 | PT KALBE FARMA TBK. | $3.85 billion |
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