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Indonesian (IDX) Market Analysis & Valuation

UpdatedJul 20, 2025
DataAggregated Company Financials
Companies848
  • 7D5.4%
  • 3M16.4%
  • 1Y2.5%
  • YTD3.5%

Over the last 7 days, the market has risen 5.4%, driven by gains of 34% in the Utilities sector. In the last 12 months, the market has been flat. Looking forward, earnings are forecast to grow by 27% annually.

Trending IndustriesOil and GasSoftwareRenewable Energy

Market Valuation and Performance

Has the Indonesian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 21 Jul 2025Rp12713.5tRp5138.6tRp625.5t15.1x20.3x2.5x
Wed, 18 Jun 2025Rp12228.9tRp5136.7tRp627.1t15.3x19.5x2.4x
Fri, 16 May 2025Rp11936.2tRp5179.6tRp630.0t15.2x18.9x2.3x
Sun, 13 Apr 2025Rp10500.6tRp5196.6tRp635.1t13.9x16.5x2x
Tue, 11 Mar 2025Rp11232.7tRp5136.7tRp551.7t14.3x20.4x2.2x
Thu, 06 Feb 2025Rp12032.5tRp5165.1tRp577.6t14.7x20.8x2.3x
Sat, 04 Jan 2025Rp12212.4tRp5176.1tRp573.3t14.7x21.3x2.4x
Mon, 02 Dec 2024Rp11765.3tRp5064.5tRp549.1t14.4x21.4x2.3x
Wed, 30 Oct 2024Rp12546.3tRp4984.1tRp530.8t15.9x23.6x2.5x
Fri, 27 Sep 2024Rp12750.8tRp4946.4tRp524.4t16x24.3x2.6x
Sun, 25 Aug 2024Rp12624.7tRp4968.5tRp503.1t15.2x25.1x2.5x
Tue, 23 Jul 2024Rp12218.1tRp4965.2tRp494.8t15.1x24.7x2.5x
Thu, 20 Jun 2024Rp11378.4tRp5004.9tRp501.6t13.8x22.7x2.3x
Sat, 18 May 2024Rp12174.8tRp4980.3tRp505.4t14.4x24.1x2.4x
Mon, 15 Apr 2024Rp11692.2tRp4932.7tRp520.1t15.3x22.5x2.4x
Wed, 13 Mar 2024Rp11673.2tRp4890.9tRp591.1t14.4x19.7x2.4x
Fri, 09 Feb 2024Rp11341.7tRp4918.4tRp596.9t14.8x19x2.3x
Sun, 07 Jan 2024Rp11643.9tRp4932.6tRp582.3t15x20x2.4x
Tue, 05 Dec 2023Rp10986.1tRp4915.1tRp586.4t15x18.7x2.2x
Thu, 02 Nov 2023Rp10429.5tRp5046.2tRp617.1t14.7x16.9x2.1x
Sat, 30 Sep 2023Rp10159.3tRp4979.9tRp617.7t16.1x16.4x2x
Mon, 28 Aug 2023Rp10034.4tRp4977.9tRp620.0t15.9x16.2x2x
Wed, 26 Jul 2023Rp9859.6tRp4968.7tRp626.2t16.4x15.7x2x
Fri, 23 Jun 2023Rp9390.1tRp4897.8tRp604.2t15.6x15.5x1.9x
Sun, 21 May 2023Rp9375.7tRp4890.8tRp604.7t16x15.5x1.9x
Tue, 18 Apr 2023Rp9433.2tRp4784.3tRp607.7t15x15.5x2x
Thu, 16 Mar 2023Rp9044.8tRp4747.8tRp626.0t14x14.4x1.9x
Sat, 11 Feb 2023Rp9316.3tRp4690.9tRp629.5t14.4x14.8x2x
Mon, 09 Jan 2023Rp9061.8tRp4666.0tRp628.1t14.1x14.4x1.9x
Wed, 07 Dec 2022Rp9247.4tRp4631.9tRp628.0t14.4x14.7x2x
Fri, 04 Nov 2022Rp9142.5tRp4511.7tRp610.2t15.5x15x2x
Sun, 02 Oct 2022Rp9074.5tRp4359.9tRp570.0t16.4x15.9x2.1x
Tue, 30 Aug 2022Rp9090.2tRp4228.0tRp541.3t15.7x16.8x2.2x
Thu, 28 Jul 2022Rp8877.8tRp4097.9tRp526.5t15.9x16.9x2.2x
Price to Earnings Ratio

16.9x


Total Market Cap: Rp8877.8tTotal Earnings: Rp526.5tTotal Revenue: Rp4097.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Market Price to Earnings3Y Average 18.7x202320242025
Current Market PE
  • Investors are relatively neutral on the Indonesian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 18.7x.
Past Earnings Growth
  • The earnings for Indonesian listed companies have grown 5.9% per year over the last three years.
  • Revenues for these companies have grown 7.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Indonesian Market?

ID Market5.37%
Tech49.65%
Utilities33.92%
Energy4.98%
Telecom2.79%
Industrials2.44%
Materials0.85%
Healthcare0.76%
Consumer Discretionary0.11%
Consumer Staples-0.13%
Financials-1.41%
Real Estate-2.38%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 86.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 8.9% which is higher than its past year's earnings decline of 3.7% per year.
  • The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 15.4x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 63% over the next 5 years.
  • This is better than its past earnings growth rate of 6.0% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 3.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
BREN Barito Renewables EnergyRp8.00k31.1%
+Rp254.2t		-8.3%PE514.9xUtilities
DCII DCI IndonesiaRp245.00k62.2%
+Rp224.0t		520.3%PE544.4xTech
DSSA Dian Swastatika SentosaRp65.70k22.2%
+Rp73.8t		130.5%PE87xEnergy
CDIA Chandra Daya InvestasiRp975.00143.8%
+Rp71.8t		n/aPE243.7xUtilities
BRPT Barito PacificRp2.26k25.6%
+Rp43.1t		114.2%PE203.7xMaterials
See more

Market Insights

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CDIA
Rp975.00
Chandra Daya Investasi
7D
143.8%
1Y
n/a
FILM
Rp1,495.00
PT.MD Entertainment
7D
-26.7%
1Y
-64.2%
KLBF
Rp1,510.00
Kalbe Farma
7D
-5.3%
1Y
-4.1%
CUAN
Rp1,655.00
Petrindo Jaya Kreasi
7D
14.9%
1Y
87.0%
PANI
Rp14,150.00
Pantai Indah Kapuk Dua
7D
4.0%
1Y
152.7%
BYAN
Rp19,000.00
Bayan Resources
7D
-2.9%
1Y
5.8%
BRPT
Rp2,260.00
Barito Pacific
7D
25.6%
1Y
114.2%
DSSA
Rp65,700.00
Dian Swastatika Sentosa
7D
22.2%
1Y
130.5%
BREN
Rp8,000.00
Barito Renewables Energy
7D
31.1%
1Y
-8.3%
TPIA
Rp9,400.00
Chandra Asri Pacific
7D
-4.1%
1Y
-0.8%
AMMN
Rp8,025.00
Amman Mineral Internasional
7D
-4.2%
1Y
-29.0%
BMRI
Rp4,740.00
Bank Mandiri (Persero)
7D
-4.6%
1Y
-27.4%
BBRI
Rp3,860.00
Bank Rakyat Indonesia (Persero)
7D
-0.5%
1Y
-21.2%
PTRO
Rp4,180.00
Petrosea
7D
31.0%
1Y
393.2%
DCII
Rp245,000.00
DCI Indonesia
7D
62.2%
1Y
520.3%
BBCA
Rp8,425.00
Bank Central Asia
7D
-2.3%
1Y
-16.8%