Largest 662 Indonesian Companies in 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