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PT HM Sampoerna Tbk boasts the highest valuation on the Indonesia Stock Exchange (IDX). Bloomberg data shows that the market capitalization of this issuer, with the trading code HMSP, reaches Rp 442 trillion. H.M. Sampoerna is one of the largest cigarette companies in Indonesia, located in Surabaya, East Java. Initially, the company was owned by the Sampoerna family. However, in 2005, H.M. Sampoerna was acquired by Philip Morris International Inc. in a transaction valued at approximately Rp 48 trillion.
PT Telekomunikasi Indonesia Tbk ranks second among issuers with the largest valuation, with a market capitalization of Rp 391 trillion. Bank BCA occupies the third position, with a valuation reaching Rp 383.15 trillion.
Of the 10 issuers with the largest valuations, nine have market capitalizations exceeding Rp 100 trillion. Four issuers from the banking sector dominate the list of publicly traded companies with the highest valuations.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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