Top 662 largest Indonesian Companies by Market Cap in 2023

This is the list of the 662 largest public listed companies from Indonesia by market capitalization with links to their reference stock, sector and industry.

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Top Companies from Indonesia as of Jan. 01, 2023

Ranking Company Market Cap (USD) Stock Country Sector Industry
1 PT Bank Central Asia Tbk $74.30 B BBCA Indonesia Financials Banks
2 PT Bank Rakyat Indonesia (Persero) Tbk $47.80 B BYRA Indonesia Financials Banks
3 Banque Nationale de Belgique $43.42 B BNB Indonesia Energy Thermal Coal
4 PT Bank Mandiri (Persero) Tbk $31.65 B PQ9 Indonesia Financials Banks
5 Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk $23.79 B TLK Indonesia Communication Services Telecom Services
6 PT. Chandra Asri Petrochemical Tbk $14.44 B TPIA Indonesia Basic Materials Specialty Chemicals
7 Astra International Tbk PT $13.55 B ASJA Indonesia Consumer Discretionary Auto Parts
8 PT Bank Negara Indonesia (Persero) Tbk $10.78 B BKE1 Indonesia Financials Banks
9 PT Indofood CBP Sukses Makmur Tbk $8.57 B ICBP Indonesia Consumer Staples Packaged Foods
10 PT Sumber Alfaria Trijaya Tbk $8.41 B AMRT Indonesia Consumer Staples Grocery Stores
11 PT Merdeka Copper Gold Tbk $7.44 B MDKA Indonesia Basic Materials Other Industrial Metals & Mining
12 PT Charoen Pokphand Indonesia Tbk $6.84 B CPIN Indonesia Consumer Staples Farm Products
13 PT Kalbe Farma Tbk. $6.79 B KLBF Indonesia Healthcare Drug Manufacturers—General
14 PT United Tractors Tbk $6.64 B UNTR Indonesia Basic Materials Other Industrial Metals & Mining
15 Adaro Energy Tbk PT $6.35 B A64 Indonesia Energy Thermal Coal
16 Hanjaya Mandala Sampoerna Tbk PT $5.99 B HSZ Indonesia Consumer Staples Tobacco
17 PT Sinar Mas Multiartha Tbk $5.52 B SMMA Indonesia Financials Financial Conglomerates
18 PT Barito Pacific Tbk $5.34 B BRPT Indonesia Basic Materials Chemicals
19 PT Vale Indonesia Tbk $5.17 B INCO Indonesia Basic Materials Other Industrial Metals & Mining
20 PT Bank Mega Tbk $4.63 B MEGA Indonesia Financials Banks
21 PT Bank BRIsyariah Tbk $4.38 B BRIS Indonesia Financials Banks
22 PT Elang Mahkota Teknologi Tbk $4.33 B EMTK Indonesia Communication Services Broadcasting
23 PT Indoritel Makmur Internasional Tbk. $4.17 B DNET Indonesia Communication Services Telecom Services
24 PT Sarana Menara Nusantara Tbk. $4.10 B TOWR Indonesia Communication Services Telecom Services
25 PT. MNC Studios International Tbk. $3.93 B MSIN Indonesia Communication Services Entertainment
26 Indofood Sukses Makmur Tbk PT $3.89 B ISM Indonesia Consumer Staples Packaged Foods
27 Mayora Indah Tbk PT $3.75 B D7V Indonesia Consumer Staples Packaged Foods
28 PT Indosat Tbk $3.55 B ISAT Indonesia Communication Services Telecom Services
29 Bumi Resources Tbk PT $3.45 B PJM Indonesia Energy Thermal Coal
30 PT Tower Bersama Infrastructure Tbk $3.44 B TBIG Indonesia Communication Services Telecom Services
31 PT Indah Kiat Pulp & Paper Tbk $3.41 B INKP Indonesia Basic Materials Paper & Paper Products
32 PT Aneka Tambang Tbk $3.38 B ANTM Indonesia Basic Materials Other Industrial Metals & Mining
33 PT Bank Jago Tbk $3.26 B ARTO Indonesia Financials Banks
34 PT Mitra Keluarga Karyasehat Tbk $3.09 B MIKA Indonesia Healthcare Medical Care Facilities
35 PT Indo Tambangraya Megah Tbk $2.98 B ITMG Indonesia Energy Thermal Coal
36 PT Semen Indonesia (Persero) Tbk $2.95 B SMS2 Indonesia Basic Materials Building Materials
37 Bukit Asam Tbk PT $2.95 B TBA Indonesia Energy Thermal Coal
38 PT Capital Financial Indonesia Tbk $2.78 B CASA Indonesia Financials Financial Conglomerates
39 PT Perusahaan Gas Negara Tbk $2.76 B PGAS Indonesia Utilities Utilities—Regulated Gas
40 PT Transcoal Pacific Tbk $2.71 B TCPI Indonesia Industrials Marine Shipping
41 PT Metropolitan Kentjana Tbk $2.58 B MKPI Indonesia Real Estate Real Estate Services
42 PT Bank Harda Internasional Tbk $2.57 B BBHI Indonesia Financials Banks
43 Permata Bank $2.37 B 85C Indonesia Financials Banks
44 PT Gudang Garam Tbk $2.33 B GGRM Indonesia Consumer Staples Tobacco
45 PT Saratoga Investama Sedaya Tbk $2.27 B SRTG Indonesia Financials Asset Management
46 P.T. Bank Pan Indonesia Tbk $2.27 B PNBN Indonesia Financials Banks
47 PT Dian Swastatika Sentosa Tbk $2.19 B DSSA Indonesia Energy Thermal Coal
48 PT Indocement Tunggal Prakarsa Tbk $2.15 B ITP Indonesia Basic Materials Building Materials
49 PT XL Axiata Tbk $2.05 B EXCL Indonesia Communication Services Telecom Services
50 PT Medco Energi Internasional Tbk $2.04 B MEDC Indonesia Energy Oil & Gas E&P

Top Companies from Indonesia as of Jan. 01, 2023

1. PT Bank Central Asia Tbk

Market Cap (USD): $74.30 B

Stock: BBCA

Country: Indonesia

Sector: Financials

Industry: Banks

business PT Bank Central Asia Tbk Company Profile

2. PT Bank Rakyat Indonesia (Persero) Tbk

Market Cap (USD): $47.80 B

Stock: BYRA

Country: Indonesia

Sector: Financials

Industry: Banks

business PT Bank Rakyat Indonesia (Persero) Tbk Company Profile

3. Banque Nationale de Belgique

Market Cap (USD): $43.42 B

Stock: BNB

Country: Indonesia

Sector: Energy

Industry: Thermal Coal

business Banque Nationale de Belgique Company Profile

4. PT Bank Mandiri (Persero) Tbk

Market Cap (USD): $31.65 B

Stock: PQ9

Country: Indonesia

Sector: Financials

Industry: Banks

business PT Bank Mandiri (Persero) Tbk Company Profile

5. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

Market Cap (USD): $23.79 B

Stock: TLK

Country: Indonesia

Sector: Communication Services

Industry: Telecom Services

business Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company Profile

6. PT. Chandra Asri Petrochemical Tbk

Market Cap (USD): $14.44 B

Stock: TPIA

Country: Indonesia

Sector: Basic Materials

Industry: Specialty Chemicals

business PT. Chandra Asri Petrochemical Tbk Company Profile

8. PT Bank Negara Indonesia (Persero) Tbk

Market Cap (USD): $10.78 B

Stock: BKE1

Country: Indonesia

Sector: Financials

Industry: Banks

business PT Bank Negara Indonesia (Persero) Tbk Company Profile

9. PT Indofood CBP Sukses Makmur Tbk

Market Cap (USD): $8.57 B

Stock: ICBP

Country: Indonesia

Sector: Consumer Staples

Industry: Packaged Foods

business PT Indofood CBP Sukses Makmur Tbk Company Profile

10. PT Sumber Alfaria Trijaya Tbk

Market Cap (USD): $8.41 B

Stock: AMRT

Country: Indonesia

Sector: Consumer Staples

Industry: Grocery Stores

business PT Sumber Alfaria Trijaya Tbk Company Profile

12. PT Charoen Pokphand Indonesia Tbk

Market Cap (USD): $6.84 B

Stock: CPIN

Country: Indonesia

Sector: Consumer Staples

Industry: Farm Products

business PT Charoen Pokphand Indonesia Tbk Company Profile

15. Adaro Energy Tbk PT

Market Cap (USD): $6.35 B

Stock: A64

Country: Indonesia

Sector: Energy

Industry: Thermal Coal

business Adaro Energy Tbk PT Company Profile

16. Hanjaya Mandala Sampoerna Tbk PT

Market Cap (USD): $5.99 B

Stock: HSZ

Country: Indonesia

Sector: Consumer Staples

Industry: Tobacco

business Hanjaya Mandala Sampoerna Tbk PT Company Profile

17. PT Sinar Mas Multiartha Tbk

Market Cap (USD): $5.52 B

Stock: SMMA

Country: Indonesia

Sector: Financials

Industry: Financial Conglomerates

business PT Sinar Mas Multiartha Tbk Company Profile

18. PT Barito Pacific Tbk

Market Cap (USD): $5.34 B

Stock: BRPT

Country: Indonesia

Sector: Basic Materials

Industry: Chemicals

business PT Barito Pacific Tbk Company Profile

20. PT Bank Mega Tbk

Market Cap (USD): $4.63 B

Stock: MEGA

Country: Indonesia

Sector: Financials

Industry: Banks

business PT Bank Mega Tbk Company Profile

21. PT Bank BRIsyariah Tbk

Market Cap (USD): $4.38 B

Stock: BRIS

Country: Indonesia

Sector: Financials

Industry: Banks

business PT Bank BRIsyariah Tbk Company Profile

22. PT Elang Mahkota Teknologi Tbk

Market Cap (USD): $4.33 B

Stock: EMTK

Country: Indonesia

Sector: Communication Services

Industry: Broadcasting

business PT Elang Mahkota Teknologi Tbk Company Profile

23. PT Indoritel Makmur Internasional Tbk.

Market Cap (USD): $4.17 B

Stock: DNET

Country: Indonesia

Sector: Communication Services

Industry: Telecom Services

business PT Indoritel Makmur Internasional Tbk. Company Profile

25. PT. MNC Studios International Tbk.

Market Cap (USD): $3.93 B

Stock: MSIN

Country: Indonesia

Sector: Communication Services

Industry: Entertainment

business PT. MNC Studios International Tbk. Company Profile

26. Indofood Sukses Makmur Tbk PT

Market Cap (USD): $3.89 B

Stock: ISM

Country: Indonesia

Sector: Consumer Staples

Industry: Packaged Foods

business Indofood Sukses Makmur Tbk PT Company Profile

27. Mayora Indah Tbk PT

Market Cap (USD): $3.75 B

Stock: D7V

Country: Indonesia

Sector: Consumer Staples

Industry: Packaged Foods

business Mayora Indah Tbk PT Company Profile

29. Bumi Resources Tbk PT

Market Cap (USD): $3.45 B

Stock: PJM

Country: Indonesia

Sector: Energy

Industry: Thermal Coal

business Bumi Resources Tbk PT Company Profile

30. PT Tower Bersama Infrastructure Tbk

Market Cap (USD): $3.44 B

Stock: TBIG

Country: Indonesia

Sector: Communication Services

Industry: Telecom Services

business PT Tower Bersama Infrastructure Tbk Company Profile

33. PT Bank Jago Tbk

Market Cap (USD): $3.26 B

Stock: ARTO

Country: Indonesia

Sector: Financials

Industry: Banks

business PT Bank Jago Tbk Company Profile

34. PT Mitra Keluarga Karyasehat Tbk

Market Cap (USD): $3.09 B

Stock: MIKA

Country: Indonesia

Sector: Healthcare

Industry: Medical Care Facilities

business PT Mitra Keluarga Karyasehat Tbk Company Profile

35. PT Indo Tambangraya Megah Tbk

Market Cap (USD): $2.98 B

Stock: ITMG

Country: Indonesia

Sector: Energy

Industry: Thermal Coal

business PT Indo Tambangraya Megah Tbk Company Profile

36. PT Semen Indonesia (Persero) Tbk

Market Cap (USD): $2.95 B

Stock: SMS2

Country: Indonesia

Sector: Basic Materials

Industry: Building Materials

business PT Semen Indonesia (Persero) Tbk Company Profile

37. Bukit Asam Tbk PT

Market Cap (USD): $2.95 B

Stock: TBA

Country: Indonesia

Sector: Energy

Industry: Thermal Coal

business Bukit Asam Tbk PT Company Profile

38. PT Capital Financial Indonesia Tbk

Market Cap (USD): $2.78 B

Stock: CASA

Country: Indonesia

Sector: Financials

Industry: Financial Conglomerates

business PT Capital Financial Indonesia Tbk Company Profile

39. PT Perusahaan Gas Negara Tbk

Market Cap (USD): $2.76 B

Stock: PGAS

Country: Indonesia

Sector: Utilities

Industry: Utilities—Regulated Gas

business PT Perusahaan Gas Negara Tbk Company Profile

40. PT Transcoal Pacific Tbk

Market Cap (USD): $2.71 B

Stock: TCPI

Country: Indonesia

Sector: Industrials

Industry: Marine Shipping

business PT Transcoal Pacific Tbk Company Profile

41. PT Metropolitan Kentjana Tbk

Market Cap (USD): $2.58 B

Stock: MKPI

Country: Indonesia

Sector: Real Estate

Industry: Real Estate Services

business PT Metropolitan Kentjana Tbk Company Profile

42. PT Bank Harda Internasional Tbk

Market Cap (USD): $2.57 B

Stock: BBHI

Country: Indonesia

Sector: Financials

Industry: Banks

business PT Bank Harda Internasional Tbk Company Profile

43. Permata Bank

Market Cap (USD): $2.37 B

Stock: 85C

Country: Indonesia

Sector: Financials

Industry: Banks

business Permata Bank Company Profile

44. PT Gudang Garam Tbk

Market Cap (USD): $2.33 B

Stock: GGRM

Country: Indonesia

Sector: Consumer Staples

Industry: Tobacco

business PT Gudang Garam Tbk Company Profile

45. PT Saratoga Investama Sedaya Tbk

Market Cap (USD): $2.27 B

Stock: SRTG

Country: Indonesia

Sector: Financials

Industry: Asset Management

business PT Saratoga Investama Sedaya Tbk Company Profile

46. P.T. Bank Pan Indonesia Tbk

Market Cap (USD): $2.27 B

Stock: PNBN

Country: Indonesia

Sector: Financials

Industry: Banks

business P.T. Bank Pan Indonesia Tbk Company Profile

47. PT Dian Swastatika Sentosa Tbk

Market Cap (USD): $2.19 B

Stock: DSSA

Country: Indonesia

Sector: Energy

Industry: Thermal Coal

business PT Dian Swastatika Sentosa Tbk Company Profile

48. PT Indocement Tunggal Prakarsa Tbk

Market Cap (USD): $2.15 B

Stock: ITP

Country: Indonesia

Sector: Basic Materials

Industry: Building Materials

business PT Indocement Tunggal Prakarsa Tbk Company Profile

50. PT Medco Energi Internasional Tbk

Market Cap (USD): $2.04 B

Stock: MEDC

Country: Indonesia

Sector: Energy

Industry: Oil & Gas E&P

business PT Medco Energi Internasional Tbk Company Profile