Philippines' Largest Company 2012
The companies are incorporated in the Philippines and are publicly-listed in the Philippine Stock Exchange. They are ranked by market capitalization (or simply market cap) – the greater the stock market value of a company, the higher its ranking. Market capitalization is the total value of the tradable shares of a publicly traded company. The formula of market cap is: share price multiplied by the number of shares outstanding.
The table of 50 largest Philippine companies below shows for each company: the rank in 2012, main industry/sector, and the market capitalization. The Philippine currency is converted into US dollar (1 US$ = PhP43).
A ranking such as this which is based on market capitalization presents a forward-looking element for investors’ expectations.
The most valuable industries in the list are telecommunications, beverage, real estate and banking.
List of Largest Companies in the Philippines
(as of June 28, 2012)
Rank | Company Name | Main Industry | Market Capitalization
(in billion PhP) | Market Capitalization
(in billion US$) | 1 | Philippine Long Distance Telephone Company (PLDT) | telecommunications | 583.38 | 13.64 | 2 | SM Investments Corporation | retail, banking, real estate | 446.9 | 10.39 | 3 | San Miguel Brewery, Inc. (SMB) | beverage | 446.9 | 10.39 | 4 | Manila Electric Company | electricity | 277.05 | 6.44 | 5 | Ayala Land, Inc. | real estate | 276.77 | 6.43 | 6 | Ayala Corporation | retail, banks, real estate | 274.58 | 6.38 | 7 | San Miguel Corporation "A" | beverage | 273.17 |