Top 20 Most Valuable Companies in the Philippines 2016 – Business 2962 #it #companies #philippines


Top 20 Most Valuable Companies in the Philippines 2016

Here’s a list of the Top 20 Most Valuable Companies in the Philippines in terms of market capitalization. They’re publicly listed in the Philippine Stock Exchange (PSE). Market capitalization is calculated by multiplying the total outstanding shares by the current market price of each share (Outstanding Shares x Market Price of 1 share = Market Capitalization ). It’s highly important to determine the market capitalization of a company because it reflects market value and investors are willing to pay for company’s stocks with growing market capitalization. The higher the company’s market cap, the greater the growth potential.

The holding company SM Investments Corporation is now the no. 1 most valuable company in the Philippines. Industries such as utility, real estate and banking are booming in the Philippines.

You can see in the graph below how SM Investments Corporation outranks other Philippine companies in terms of market cap.

This is the list of top 20 most valuable companies in the Philippines as of February 18, 2016 (in terms of market capitalization):

  1. SM Investments Corporation – Php 666.54 billion
  2. SM Prime Holdings, Inc. – Php 615.13 billion
  3. Philippine Long Distance Telephone Company (PLDT) – Php 509.03 billion
  4. JG Summit Holdings, Inc. – Php 492.44 billion
  5. Ayala Land, Inc. – Php 469.52 billion
  6. Ayala Corporation – Php 433.73 billion
  7. Universal Robina Corporation – Php 414.27 billion
  8. BDO Unibank, Inc. (BDO) – Php 365.27 billion
  9. Manila Electric Company (MERALCO) – Php 362.92 billion
  10. Bank of the Philippine Islands (BPI) – Php 354.40 billion
  11. Aboitiz Equity Ventures, Inc. – Php 321.87 billion
  12. Aboitiz Power Corporation – Php 312.74 billion
  13. Globe Telecom, Inc. – Php 251.41 billion
  14. Metropolitan Bank Trust Company (Metrobank) – Php 242.33 billion
  15. Jollibee Foods Corporation – Php 233.19 billion
  16. GT Capital Holdings, Inc. – Php 217.88 billion
  17. LT Group, Inc. – Php 175.09 billion
  18. San Miguel Corporation – Php 170.06 billion
  19. DMCI Holdings, Inc. – Php 159.06 billion
  20. Metro Pacific Investments Corporation – Php 158.67 billion

Leave a Comment

Your email address will not be published. Required fields are marked *