Sampoerna entered the list of the world's top 10 tobacco companies with the largest market capitalization on December 22, 2022, according to Companies Market data.
The East Java-based tobacco company ranked 9th globally. Sampoerna's market capitalization was recorded at US$6.98 billion or Rp108.76 trillion (exchange rate Rp15,582/US$).
Philip Morris ranked first as the world's largest tobacco company. The Swiss tobacco company's market capitalization reached US$155.82 billion or Rp2,427.98 trillion.
British American Tobacco ranked second with a market capitalization of US$91.89 billion or Rp1,431.82 trillion. Altria Group ranked third with a market capitalization of US$81.7 billion or Rp1,273.04 trillion.
Furthermore, the market capitalization of ITC and Japan Tobacco were US$49.86 billion (Rp776.91 trillion) and US$37.89 billion (Rp590.4 trillion), respectively.
Here are the top 10 tobacco companies with the largest market capitalization as of December 22, 2022:
1. Philip Morris: US$155.82 billion / Rp2,427.98 trillion
2. British American Tobacco: US$91.89 billion / Rp1,431.82 trillion
3. Altria Group: US$81.7 billion / Rp1,273.04 trillion
4. ITC: US$49.86 billion / Rp776.91 trillion
5. Japan Tobacco: US$37.89 billion / Rp590.4 trillion
6. Imperial Brands: US$23.75 billion / Rp370.07 trillion
7. Swedish Match: US$16.56 billion / Rp258.03 trillion
8. KT&G: US$9.09 billion / Rp141.64 trillion
9. Sampoerna: US$6.98 billion / Rp108.76 trillion
10. RLX Technology: US$3.86 billion / Rp60.14 trillion