{"id":208975,"date":"2024-02-16T05:07:51","date_gmt":"2024-02-16T03:07:51","guid":{"rendered":"https:\/\/ceoworld.biz\/?p=208975"},"modified":"2025-02-19T19:04:35","modified_gmt":"2025-02-19T17:04:35","slug":"indonesias-largest-companies-by-market-capitalization-2024","status":"publish","type":"post","link":"https:\/\/ceoworld.biz\/2024\/02\/16\/indonesias-largest-companies-by-market-capitalization-2024\/","title":{"rendered":"Indonesia\u2019s Largest Companies by market capitalization, 2024"},"content":{"rendered":"<p><strong>As of February 19, 2025, BANK CENTRAL ASIA TBK PT is the most valuable company in <a href=\"https:\/\/ceoworld.biz\/insights\/global\/indonesia\/\" data-wpel-link=\"internal\" rel=\"follow\">Indonesia<\/a>, with a market cap of $70.45 billion.<\/strong> Following it are BARITO RENEWABLES ENERGY TBK ($76.11 billion) and PT BAYAN RESOURCES TBK. ($41.02 billion).<\/p>\n<p><strong>Which one is the most valuable in <a href=\"https:\/\/ceoworld.biz\/insights\/global\/indonesia\/\" data-wpel-link=\"internal\" rel=\"follow\">Indonesia<\/a> by market cap?<\/strong> This list comprises the biggest companies currently in Indonesia by market cap in 2024:<\/p>\n<h2 id=\"tablepress-832-name\" class=\"tablepress-table-name tablepress-table-name-id-832\">Indonesia\u2019s Largest Companies by market capitalization, 2024<\/h2>\n\n<table id=\"tablepress-832\" class=\"tablepress tablepress-id-832\" aria-labelledby=\"tablepress-832-name\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\"><strong>RANK<\/strong><\/th><th class=\"column-2\"><strong>COMPANY<\/strong><\/th><th class=\"column-3\"><strong>MARKET CAPITAL (USD DOLLAR)<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">1<\/td><td class=\"column-2\">PT BANK CENTRAL ASIA TBK<\/td><td class=\"column-3\">$70.45 billion<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">2<\/td><td class=\"column-2\">PT BARITO RENEWABLES ENERGY TBK<\/td><td class=\"column-3\">$56.11 billion<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">3<\/td><td class=\"column-2\">PT BAYAN RESOURCES TBK.<\/td><td class=\"column-3\">$41.02 billion<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">4<\/td><td class=\"column-2\">PT CHANDRA ASRI PACIFIC TBK<\/td><td class=\"column-3\">$38.94 billion<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">5<\/td><td class=\"column-2\">PT BANK RAKYAT INDONESIA (PERSERO) TBK<\/td><td class=\"column-3\">$38.42 billion<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">6<\/td><td class=\"column-2\">PT AMMAN MINERAL INTERNASIONAL TBK<\/td><td class=\"column-3\">$32.75 billion<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">7<\/td><td class=\"column-2\">PT BANK MANDIRI (PERSERO) TBK<\/td><td class=\"column-3\">$31.26 billion<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">8<\/td><td class=\"column-2\">PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA TBK<\/td><td class=\"column-3\">$16.31 billion<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">9<\/td><td class=\"column-2\">PT DIAN SWASTATIKA SENTOSA TBK<\/td><td class=\"column-3\">$13.8 billion<\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">10<\/td><td class=\"column-2\">PT PANTAI INDAH KAPUK DUA TBK<\/td><td class=\"column-3\">$13.56 billion<\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\">11<\/td><td class=\"column-2\">PT ASTRA INTERNATIONAL TBK<\/td><td class=\"column-3\">$11.94 billion<\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\">12<\/td><td class=\"column-2\">PT BANK NEGARA INDONESIA (PERSERO) TBK<\/td><td class=\"column-3\">$10.87 billion<\/td>\n<\/tr>\n<tr class=\"row-14\">\n\t<td class=\"column-1\">13<\/td><td class=\"column-2\">PT BANK SYARIAH INDONESIA TBK<\/td><td class=\"column-3\">$8.7 billion<\/td>\n<\/tr>\n<tr class=\"row-15\">\n\t<td class=\"column-1\">14<\/td><td class=\"column-2\">PT INDOFOOD CBP SUKSES MAKMUR TBK<\/td><td class=\"column-3\">$8.26 billion<\/td>\n<\/tr>\n<tr class=\"row-16\">\n\t<td class=\"column-1\">15<\/td><td class=\"column-2\">PT INDORITEL MAKMUR INTERNASIONAL TBK.<\/td><td class=\"column-3\">$8.67 billion<\/td>\n<\/tr>\n<tr class=\"row-17\">\n\t<td class=\"column-1\">16<\/td><td class=\"column-2\">PT SUMBER ALFARIA TRIJAYA TBK<\/td><td class=\"column-3\">$6.89 billion<\/td>\n<\/tr>\n<tr class=\"row-18\">\n\t<td class=\"column-1\">17<\/td><td class=\"column-2\">PT DCI INDONESIA TBK<\/td><td class=\"column-3\">$6.84 billion<\/td>\n<\/tr>\n<tr class=\"row-19\">\n\t<td class=\"column-1\">18<\/td><td class=\"column-2\">PT SINAR MAS MULTIARTHA TBK<\/td><td class=\"column-3\">$6.06 billion<\/td>\n<\/tr>\n<tr class=\"row-20\">\n\t<td class=\"column-1\">19<\/td><td class=\"column-2\">PT PETRINDO JAYA KREASI TBK<\/td><td class=\"column-3\">$5.77 billion<\/td>\n<\/tr>\n<tr class=\"row-21\">\n\t<td class=\"column-1\">20<\/td><td class=\"column-2\">PT UNITED TRACTORS TBK<\/td><td class=\"column-3\">$5.52 billion<\/td>\n<\/tr>\n<tr class=\"row-22\">\n\t<td class=\"column-1\">21<\/td><td class=\"column-2\">PT GOTO GOJEK TOKOPEDIA TBK<\/td><td class=\"column-3\">$5.14 billion<\/td>\n<\/tr>\n<tr class=\"row-23\">\n\t<td class=\"column-1\">22<\/td><td class=\"column-2\">PT BARITO PACIFIC TBK<\/td><td class=\"column-3\">$4.95 billion<\/td>\n<\/tr>\n<tr class=\"row-24\">\n\t<td class=\"column-1\">23<\/td><td class=\"column-2\">PT CHAROEN POKPHAND INDONESIA TBK<\/td><td class=\"column-3\">$4.69 billion<\/td>\n<\/tr>\n<tr class=\"row-25\">\n\t<td class=\"column-1\">24<\/td><td class=\"column-2\">PT ALAMTRI RESOURCES INDONESIA TBK<\/td><td class=\"column-3\">$4.27 billion<\/td>\n<\/tr>\n<tr class=\"row-26\">\n\t<td class=\"column-1\">25<\/td><td class=\"column-2\">PT INDOFOOD SUKSES MAKMUR TBK<\/td><td class=\"column-3\">$4.24 billion<\/td>\n<\/tr>\n<tr class=\"row-27\">\n\t<td class=\"column-1\">26<\/td><td class=\"column-2\">PT HANJAYA MANDALA SAMPOERNA TBK<\/td><td class=\"column-3\">$4.25 billion<\/td>\n<\/tr>\n<tr class=\"row-28\">\n\t<td class=\"column-1\">27<\/td><td class=\"column-2\">PT ADARO ANDALAN INDONESIA TBK<\/td><td class=\"column-3\">$4.01 billion<\/td>\n<\/tr>\n<tr class=\"row-29\">\n\t<td class=\"column-1\">28<\/td><td class=\"column-2\">PT BANK PERMATA TBK<\/td><td class=\"column-3\">$3.76 billion<\/td>\n<\/tr>\n<tr class=\"row-30\">\n\t<td class=\"column-1\">29<\/td><td class=\"column-2\">PT MULTIPOLAR TECHNOLOGY TBK<\/td><td class=\"column-3\">$4.41 billion<\/td>\n<\/tr>\n<tr class=\"row-31\">\n\t<td class=\"column-1\">30<\/td><td class=\"column-2\">PT KALBE FARMA TBK.<\/td><td class=\"column-3\">$3.67 billion<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-832 from cache -->\n<hr \/>\n<p><strong>Have you read?<\/strong><br \/>\n<a 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data-wpel-link=\"internal\" rel=\"follow\">Ranked: Discover the Most Popular Sports in the United States, 2024<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As of February 19, 2025, BANK CENTRAL ASIA TBK PT is the most valuable company in Indonesia, with a market cap of $70.45 billion. Following it are BARITO RENEWABLES ENERGY TBK ($76.11 billion) and PT BAYAN RESOURCES TBK. ($41.02 billion). Which one is the most valuable in Indonesia by market cap? This list comprises the [&hellip;]<\/p>\n","protected":false},"author":5600,"featured_media":152087,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36079],"tags":[36178,36209,36225,36229,36274,36293,37210,37232],"class_list":["post-208975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-executive-roundtable","tag-non-executive-chairman-insider","tag-chief-investment-officer-insider","tag-chief-risk-officer-insider","tag-chief-software-officer-insider","tag-director-of-human-empowerment-insider","tag-c-suite-executives-insider","tag-ultra-rich-insider","tag-chief-virtual-reality-officer-insider"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Indonesia\u2019s Largest Companies by market capitalization, 2024 - CEOWORLD magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ceoworld.biz\/2024\/02\/16\/indonesias-largest-companies-by-market-capitalization-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indonesia\u2019s Largest Companies by market capitalization, 2024 - CEOWORLD magazine\" \/>\n<meta property=\"og:description\" content=\"As of February 19, 2025, BANK CENTRAL ASIA TBK PT is the most valuable company in Indonesia, with a market cap of $70.45 billion. Following it are BARITO RENEWABLES ENERGY TBK ($76.11 billion) and PT BAYAN RESOURCES TBK. ($41.02 billion). Which one is the most valuable in Indonesia by market cap? This list comprises the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ceoworld.biz\/2024\/02\/16\/indonesias-largest-companies-by-market-capitalization-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"CEOWORLD magazine\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ceoworldmag\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-16T03:07:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-19T17:04:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ceoworld.biz\/wp-content\/uploads\/2023\/04\/Indonesia-Flag.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lila Jones, D.Litt.\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ceoworld\" \/>\n<meta name=\"twitter:site\" content=\"@ceoworld\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lila Jones, D.Litt.\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/16\/indonesias-largest-companies-by-market-capitalization-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/16\/indonesias-largest-companies-by-market-capitalization-2024\/\"},\"author\":{\"name\":\"Lila Jones, D.Litt.\",\"@id\":\"https:\/\/ceoworld.biz\/#\/schema\/person\/8c6790a88b04568f3ea18127b2acba61\"},\"headline\":\"Indonesia\u2019s Largest Companies by market capitalization, 2024\",\"datePublished\":\"2024-02-16T03:07:51+00:00\",\"dateModified\":\"2025-02-19T17:04:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/16\/indonesias-largest-companies-by-market-capitalization-2024\/\"},\"wordCount\":110,\"publisher\":{\"@id\":\"https:\/\/ceoworld.biz\/#organization\"},\"image\":{\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/16\/indonesias-largest-companies-by-market-capitalization-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ceoworld.biz\/wp-content\/uploads\/2023\/04\/Indonesia-Flag.jpg?wsr\",\"keywords\":[\"Non-Executive Chairman Insider\",\"Chief Investment Officer Insider\",\"Chief Risk Officer Insider\",\"Chief Software Officer Insider\",\"Director of Human Empowerment Insider\",\"C-Suite Executives Insider\",\"Ultra Rich Insider\",\"Chief Virtual Reality Officer Insider\"],\"articleSection\":[\"Executive Roundtable\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ceoworld.biz\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/16\/indonesias-largest-companies-by-market-capitalization-2024\/\",\"url\":\"https:\/\/ceoworld.biz\/2024\/02\/16\/indonesias-largest-companies-by-market-capitalization-2024\/\",\"name\":\"Indonesia\u2019s Largest Companies by market capitalization, 2024 - 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Based in Dubai and New York, Lila brings over a decade of experience covering global markets, corporate governance, and brand positioning. She previously worked as a financial correspondent for a major Middle Eastern news outlet and later transitioned into strategic communications for multinational firms in the energy and tech sectors. Lila\u2019s editorial leadership is characterized by precision, global fluency, and a strong sense of storytelling. At CEOWORLD, she manages a cross-border team that produces content on capital markets, CEO profiling, and corporate storytelling. Lila holds an MBA in Finance and a certificate in Media and Strategic PR from a top European university. She is also a recurring guest lecturer at business schools and a panelist on ESG and diversity in leadership. 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