{"id":208979,"date":"2024-02-16T04:26:51","date_gmt":"2024-02-16T02:26:51","guid":{"rendered":"https:\/\/ceoworld.biz\/?p=208979"},"modified":"2024-03-12T11:13:59","modified_gmt":"2024-03-12T09:13:59","slug":"philippiness-largest-companies-by-market-capitalization-2024","status":"publish","type":"post","link":"https:\/\/ceoworld.biz\/2024\/02\/16\/philippiness-largest-companies-by-market-capitalization-2024\/","title":{"rendered":"Philippines\u2019s Largest Companies by market capitalization, 2024"},"content":{"rendered":"<p><strong>As of March 12, 2024, SM Investments Corporation is the most valuable company in the <a href=\"https:\/\/ceoworld.biz\/insights\/global\/philippines\/\" data-wpel-link=\"internal\" rel=\"follow\">Philippines<\/a>, with a market cap of $21.55 billion.<\/strong> Following it are SM Prime Holdings ($17.05 billion) and BDO UNIBANK ($14.89 billion). Philippines&#8217; top five most valuable companies include some of the world\u2019s most renowned brands: GOLDEN MV HOLDINGS, INC.(No. 4, $11.6 billion) and INTERNATIONAL CONTAINER TERMINAL SERVICES, INC. (No. 5, $11.34 billion).<\/p>\n<p>Overall, among the Philippines&#8217; top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by BANK OF THE PHILIPPINE ISLANDS, AYALA LAND, AYALA CORPORATION, MANILA ELECTRIC COMPANY, JG SUMMIT HOLDINGS, INC.<\/p>\n<p>Which one is the most valuable in the <a href=\"https:\/\/ceoworld.biz\/insights\/global\/philippines\/\" data-wpel-link=\"internal\" rel=\"follow\">Philippines<\/a> by market cap? This list comprises the biggest companies currently in the Philippines by market cap in 2024:<\/p>\n<h2 id=\"tablepress-827-name\" class=\"tablepress-table-name tablepress-table-name-id-827\">Philippines\u2019 Largest Companies by market capitalization, 2024<\/h2>\n\n<table id=\"tablepress-827\" class=\"tablepress tablepress-id-827\" aria-labelledby=\"tablepress-827-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><th class=\"column-4\"><strong>CEO<\/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\">SM INVESTMENTS CORPORATION\u00a0<\/td><td class=\"column-3\">$21.55 billion<\/td><td class=\"column-4\">Frederic Cuyegkeng DyBuncio<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">2<\/td><td class=\"column-2\">SM PRIME HOLDINGS, INC.<\/td><td class=\"column-3\">$17.05 billion<\/td><td class=\"column-4\">Jeffrey Lim<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">3<\/td><td class=\"column-2\">BDO UNIBANK, INC.<\/td><td class=\"column-3\">$14.89 billion<\/td><td class=\"column-4\">Nestor Tan<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">4<\/td><td class=\"column-2\">GOLDEN MV HOLDINGS, INC.<\/td><td class=\"column-3\">$11.6 billion<\/td><td class=\"column-4\">Maribeth C. Tolentino<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">5<\/td><td class=\"column-2\">INTERNATIONAL CONTAINER TERMINAL SERVICES, INC.<\/td><td class=\"column-3\">$11.34 billion<\/td><td class=\"column-4\">Elvis Ganda<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">6<\/td><td class=\"column-2\">BANK OF THE PHILIPPINE ISLANDS<\/td><td class=\"column-3\">$11.18 billion<\/td><td class=\"column-4\">Jose Teodoro K. Limcaoco<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">7<\/td><td class=\"column-2\">AYALA LAND, INC.<\/td><td class=\"column-3\">$8.93 billion<\/td><td class=\"column-4\">Anna Ma.\u00a0Margarita B.\u00a0Dy<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">8<\/td><td class=\"column-2\">AYALA CORPORATION<\/td><td class=\"column-3\">$7.63 billion<\/td><td class=\"column-4\">Cezar P. Consing<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">9<\/td><td class=\"column-2\">MANILA ELECTRIC COMPANY<\/td><td class=\"column-3\">$7.41 billion<\/td><td class=\"column-4\">Ray C. Espinosa<\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">10<\/td><td class=\"column-2\">JG SUMMIT HOLDINGS, INC.<\/td><td class=\"column-3\">$5.39 billion<\/td><td class=\"column-4\">Lance Y.\u00a0Gokongwei<\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\">11<\/td><td class=\"column-2\">SAN MIGUEL FOOD AND BEVERAGE, INC.<\/td><td class=\"column-3\">$5.35 billion<\/td><td class=\"column-4\">Ramon S. Ang<\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\">12<\/td><td class=\"column-2\">JOLLIBEE FOODS CORPORATION<\/td><td class=\"column-3\">$5.33 billion<\/td><td class=\"column-4\">Ernesto Tanmantiong<\/td>\n<\/tr>\n<tr class=\"row-14\">\n\t<td class=\"column-1\">13<\/td><td class=\"column-2\">EMPERADOR INC.<\/td><td class=\"column-3\">$5.21 billion<\/td><td class=\"column-4\">Winston Co<\/td>\n<\/tr>\n<tr class=\"row-15\">\n\t<td class=\"column-1\">14<\/td><td class=\"column-2\">PLDT INC.<\/td><td class=\"column-3\">$5.06 billion<\/td><td class=\"column-4\">Al Panlilio<\/td>\n<\/tr>\n<tr class=\"row-16\">\n\t<td class=\"column-1\">15<\/td><td class=\"column-2\">ABOITIZ EQUITY VENTURES, INC.<\/td><td class=\"column-3\">$4.99 billion<\/td><td class=\"column-4\">Sabin M. Aboitiz<\/td>\n<\/tr>\n<tr class=\"row-17\">\n\t<td class=\"column-1\">16<\/td><td class=\"column-2\">ABOITIZ POWER CORPORATION<\/td><td class=\"column-3\">$4.95 billion<\/td><td class=\"column-4\">Emmanuel V. Rubio<\/td>\n<\/tr>\n<tr class=\"row-18\">\n\t<td class=\"column-1\">17<\/td><td class=\"column-2\">METROPOLITAN BANK &amp; TRUST COMPANY<\/td><td class=\"column-3\">$4.92 billion<\/td><td class=\"column-4\">Arthur Ty<\/td>\n<\/tr>\n<tr class=\"row-19\">\n\t<td class=\"column-1\">18<\/td><td class=\"column-2\">GLOBE TELECOM, INC.<\/td><td class=\"column-3\">$4.53 billion<\/td><td class=\"column-4\">Ernest L. Cu<\/td>\n<\/tr>\n<tr class=\"row-20\">\n\t<td class=\"column-1\">19<\/td><td class=\"column-2\">SAN MIGUEL CORPORATION<\/td><td class=\"column-3\">$4.42 billion<\/td><td class=\"column-4\">Ramon S. Ang<\/td>\n<\/tr>\n<tr class=\"row-21\">\n\t<td class=\"column-1\">20<\/td><td class=\"column-2\">UNIVERSAL ROBINA CORPORATION<\/td><td class=\"column-3\">$4.37 billion<\/td><td class=\"column-4\">Irwin C. Lee<\/td>\n<\/tr>\n<tr class=\"row-22\">\n\t<td class=\"column-1\">21<\/td><td class=\"column-2\">MONDE NISSIN CORPORATION<\/td><td class=\"column-3\">$3.22 billion<\/td><td class=\"column-4\">Henry Soesanto<\/td>\n<\/tr>\n<tr class=\"row-23\">\n\t<td class=\"column-1\">22<\/td><td class=\"column-2\">ACEN CORPORATION<\/td><td class=\"column-3\">$2.91 billion<\/td><td class=\"column-4\">Eric Francia<\/td>\n<\/tr>\n<tr class=\"row-24\">\n\t<td class=\"column-1\">23<\/td><td class=\"column-2\">DMCI HOLDINGS, INC.<\/td><td class=\"column-3\">$2.69 billion<\/td><td class=\"column-4\">Isidro Almeda Consunji<\/td>\n<\/tr>\n<tr class=\"row-25\">\n\t<td class=\"column-1\">24<\/td><td class=\"column-2\">GT CAPITAL HOLDINGS, INC.<\/td><td class=\"column-3\">$2.66 billion<\/td><td class=\"column-4\">George S. K. Ty<\/td>\n<\/tr>\n<tr class=\"row-26\">\n\t<td class=\"column-1\">25<\/td><td class=\"column-2\">SEMIRARA MINING AND POWER CORPORATION<\/td><td class=\"column-3\">$2.6 billion<\/td><td class=\"column-4\">Isidro Consunji<\/td>\n<\/tr>\n<tr class=\"row-27\">\n\t<td class=\"column-1\">26<\/td><td class=\"column-2\">MANILA WATER COMPANY, INC.<\/td><td class=\"column-3\">$1.14 billion<\/td><td class=\"column-4\">Jose Victor Emmanuel A. de Dios<\/td>\n<\/tr>\n<tr class=\"row-28\">\n\t<td class=\"column-1\">27<\/td><td class=\"column-2\">PHILIPPINE SEVEN CORPORATION<\/td><td class=\"column-3\">$1.12 billion<\/td><td class=\"column-4\">Jose Victor P. Paterno<\/td>\n<\/tr>\n<tr class=\"row-29\">\n\t<td class=\"column-1\">28<\/td><td class=\"column-2\">MEGAWORLD CORPORATION<\/td><td class=\"column-3\">$1.08 billion<\/td><td class=\"column-4\">Andrew Tan <\/td>\n<\/tr>\n<tr class=\"row-30\">\n\t<td class=\"column-1\">29<\/td><td class=\"column-2\">NICKEL ASIA CORPORATION<\/td><td class=\"column-3\">$1.07 billion<\/td><td class=\"column-4\">Martin Antonio G. Zamora<\/td>\n<\/tr>\n<tr class=\"row-31\">\n\t<td class=\"column-1\">30<\/td><td class=\"column-2\">RL COMMERCIAL REIT, INC.<\/td><td class=\"column-3\">$1.01 billion<\/td><td class=\"column-4\">Jericho Go<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-827 from cache -->\n<hr \/>\n<p><strong>Have you read?<\/strong><br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/26\/ranked-countries-with-highest-and-lowest-rates-of-infant-mortality-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Ranked: Countries with Highest (and Lowest) Rates of Infant Mortality, 2024<\/a>.<br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/26\/ranked-countries-that-waste-the-most-food-in-the-world-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Ranked: Countries That Waste the Most Food In The World, 2024<\/a>.<br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/27\/ranked-countries-with-highest-malaria-death-rates-in-the-world-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Ranked: Countries with highest malaria death rates in the world, 2024<\/a>.<br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/27\/ranked-these-are-the-countries-with-the-highest-and-lowest-death-rate-from-malnutrition-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Ranked: These are the countries with the highest (and lowest) death rate from malnutrition, 2024<\/a>.<br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/27\/revealed-100-best-selling-mobile-phones-of-all-time\/\" data-wpel-link=\"internal\" rel=\"follow\">Revealed: 100 Best-Selling Mobile Phones of All Time<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As of March 12, 2024, SM Investments Corporation is the most valuable company in the Philippines, with a market cap of $21.55 billion. Following it are SM Prime Holdings ($17.05 billion) and BDO UNIBANK ($14.89 billion). Philippines&#8217; top five most valuable companies include some of the world\u2019s most renowned brands: GOLDEN MV HOLDINGS, INC.(No. 4, [&hellip;]<\/p>\n","protected":false},"author":5603,"featured_media":183940,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36079],"tags":[36167,36183,36184,36190,37207,37219,37237,37326],"class_list":["post-208979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-executive-roundtable","tag-president-insider","tag-chief-accessibility-officer-insider","tag-chief-accounting-officer-insider","tag-chief-commercial-officer-insider","tag-multi-millionaire-insider","tag-super-successful-people-insider","tag-chief-behavioral-officer-insider","tag-chief-business-advisor-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>Philippines\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\/philippiness-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=\"Philippines\u2019s Largest Companies by market capitalization, 2024 - CEOWORLD magazine\" \/>\n<meta property=\"og:description\" content=\"As of March 12, 2024, SM Investments Corporation is the most valuable company in the Philippines, with a market cap of $21.55 billion. Following it are SM Prime Holdings ($17.05 billion) and BDO UNIBANK ($14.89 billion). Philippines&#8217; top five most valuable companies include some of the world\u2019s most renowned brands: GOLDEN MV HOLDINGS, INC.(No. 4, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ceoworld.biz\/2024\/02\/16\/philippiness-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=\"2024-02-16T02:26:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-12T09:13:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ceoworld.biz\/wp-content\/uploads\/2023\/10\/Philippines-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=\"Despina Wilson, 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=\"Despina Wilson, 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\/philippiness-largest-companies-by-market-capitalization-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/16\/philippiness-largest-companies-by-market-capitalization-2024\/\"},\"author\":{\"name\":\"Despina Wilson, D.Litt.\",\"@id\":\"https:\/\/ceoworld.biz\/#\/schema\/person\/a1ecc805d2d92f487e324e000637c953\"},\"headline\":\"Philippines\u2019s Largest Companies by market capitalization, 2024\",\"datePublished\":\"2024-02-16T02:26:51+00:00\",\"dateModified\":\"2024-03-12T09:13:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/16\/philippiness-largest-companies-by-market-capitalization-2024\/\"},\"wordCount\":186,\"publisher\":{\"@id\":\"https:\/\/ceoworld.biz\/#organization\"},\"image\":{\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/16\/philippiness-largest-companies-by-market-capitalization-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ceoworld.biz\/wp-content\/uploads\/2023\/10\/Philippines-Flag.jpg?wsr\",\"keywords\":[\"President Insider\",\"Chief Accessibility Officer Insider\",\"Chief Accounting Officer Insider\",\"Chief Commercial Officer Insider\",\"Multi-Millionaire Insider\",\"Super Successful People Insider\",\"Chief Behavioral Officer Insider\",\"Chief Business Advisor Insider\"],\"articleSection\":[\"Executive Roundtable\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ceoworld.biz\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/16\/philippiness-largest-companies-by-market-capitalization-2024\/\",\"url\":\"https:\/\/ceoworld.biz\/2024\/02\/16\/philippiness-largest-companies-by-market-capitalization-2024\/\",\"name\":\"Philippines\u2019s Largest Companies by market capitalization, 2024 - 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Fluent in Spanish and English, Despina brings over 12 years of editorial and advisory experience across Latin America, the U.S., and Europe. Before joining CEOWORLD magazine, she held senior editorial roles at finance publications in Mexico City and worked as a corporate communications advisor for multinational firms. Her writing explores macroeconomic shifts, emerging markets, corporate governance, and the PR strategies that shape public perception of top-tier companies and their leaders. At CEOWORLD, Despina leads a multilingual editorial team that produces business content tailored for global executives navigating complex financial ecosystems. She holds a degree in Business Journalism and a certificate in Strategic Public Relations. Despina is also a frequent speaker on Latin American investment trends, female leadership in finance, and corporate transparency. 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