Singapore's 20 most valuable companies in 2013

Guess what firm leads the pack with over $50b market cap.

Many investors are fascinated to watch how a public company is valued relative to other companies. Simply put, the higher the market value, the bigger the price tag investors put on it.

Market capitalization, also known as market value, is the share price times the number of shares outstanding.

Singapore Business Review compiled the market capitalization of publicly-traded companies as of June 14, 2013. Singapore Telecom topped the list with S$57.4bn market cap.

It was followed by Jardine Strategic and Jardine Matheson with S$52.5bn and $51.4bn market caps.

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