Latvia’s Largest Companies by market capitalization, 2024

As of December 23, 2024, AS AMBER LATVIJAS BALZAMS is the most valuable company in Latvia, with a market cap of $70 million. Following it are AS VIRSI-A ($65 million) and IPAS INDEXO (No. 4, $57 million).
Which one is the most valuable in Latvia by market cap?
This list comprises the biggest companies currently in Latvia by market cap in 2024:
Latvia’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPTIAL (USD DOLLAR) |
|---|---|---|
| 1 | AS AMBER LATVIJAS BALZAMS | $0.070 billion |
| 2 | AS VIRSI-A | $0.065 billion |
| 3 | IPAS INDEXO | $0.057 billion |
| 4 | DELFINGROUP AS | $0.051 billion |
| 5 | AS MADARA COSMETICS | $0.041 billion |
| 6 | AS APF HOLDINGS | $0.025 billion |
| 7 | SAF TEHNIKA A/S | $0.015 billion |
| 8 | AS KALVE COFFEE | $0.006 billion |
| 9 | AS SIGULDAS CILTSLIETU UN MAKSLIGAS APSEKLOSANAS STACIJA | $0.002 billion |
| 10 | AS RIGAS KUGU BUVETAVA | $0.001 billion |
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