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Indonesian (IDX) Market Analysis & Valuation

UpdatedSep 05, 2025
DataAggregated Company Financials
Companies850
  • 7D-1.3%
  • 3M12.6%
  • 1Y4.3%
  • YTD12.2%

Over the last 7 days, the market has dropped 1.3%, driven by a loss of 6.6% in the Utilities sector. As for the longer term, the market has actually risen by 4.3% in the last year. Earnings are forecast to grow by 8.9% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Sep 2025Rp13803.4tRp5248.8tRp632.0t15.8x21.8x2.6x
Sun, 03 Aug 2025Rp13247.4tRp5233.5tRp652.9t14.8x20.3x2.5x
Tue, 01 Jul 2025Rp11826.8tRp5127.9tRp624.7t15.2x18.9x2.3x
Thu, 29 May 2025Rp12148.5tRp5139.2tRp628.9t15.2x19.3x2.4x
Sat, 26 Apr 2025Rp11251.7tRp5182.3tRp639.5t15x17.6x2.2x
Mon, 24 Mar 2025Rp10620.1tRp5149.9tRp634.6t13.9x16.7x2.1x
Wed, 19 Feb 2025Rp11579.2tRp5171.2tRp572.1t14.7x20.2x2.2x
Fri, 17 Jan 2025Rp12119.4tRp5164.8tRp575.5t15x21.1x2.3x
Sun, 15 Dec 2024Rp12349.8tRp5158.3tRp572.3t15x21.6x2.4x
Tue, 12 Nov 2024Rp12042.9tRp5046.1tRp544.2t14.7x22.1x2.4x
Thu, 10 Oct 2024Rp12442.4tRp4975.4tRp527.3t15.9x23.6x2.5x
Sat, 07 Sep 2024Rp12990.6tRp4959.0tRp505.8t16x25.7x2.6x
Mon, 05 Aug 2024Rp12277.7tRp5015.9tRp507.0t14.7x24.2x2.4x
Wed, 03 Jul 2024Rp12082.5tRp4982.6tRp500.6t14.1x24.1x2.4x
Fri, 31 May 2024Rp11851.3tRp5000.6tRp506.0t14.4x23.4x2.4x
Sun, 28 Apr 2024Rp11602.7tRp4964.1tRp525.6t14.9x22.1x2.3x
Tue, 26 Mar 2024Rp11665.0tRp4894.3tRp540.3t14.3x21.6x2.4x
Thu, 22 Feb 2024Rp11475.1tRp4919.9tRp597.8t14.6x19.2x2.3x
Sat, 20 Jan 2024Rp11287.8tRp4942.7tRp583.8t15.3x19.3x2.3x
Mon, 18 Dec 2023Rp11395.9tRp4936.6tRp585.1t14.8x19.5x2.3x
Wed, 15 Nov 2023Rp10679.2tRp4973.7tRp607.5t15x17.6x2.1x
Fri, 13 Oct 2023Rp10153.6tRp4989.1tRp608.8t15.9x16.7x2x
Sun, 10 Sep 2023Rp10105.7tRp4979.4tRp616.8t16.2x16.4x2x
Tue, 08 Aug 2023Rp9896.3tRp4984.2tRp625.1t16.3x15.8x2x
Thu, 06 Jul 2023Rp9389.5tRp4922.7tRp606.3t15.6x15.5x1.9x
Sat, 03 Jun 2023Rp9227.4tRp4887.1tRp603.1t15.7x15.3x1.9x
Mon, 01 May 2023Rp9685.7tRp4824.5tRp616.1t15.7x15.7x2x
Wed, 29 Mar 2023Rp9242.9tRp4741.8tRp623.4t14.1x14.8x1.9x
Fri, 24 Feb 2023Rp9303.0tRp4685.3tRp632.2t14.3x14.7x2x
Sun, 22 Jan 2023Rp9267.8tRp4629.0tRp621.4t14.1x14.9x2x
Tue, 20 Dec 2022Rp9122.8tRp4661.5tRp626.4t14.2x14.6x2x
Thu, 17 Nov 2022Rp9206.7tRp4563.7tRp604.9t14.9x15.2x2x
Sat, 15 Oct 2022Rp8924.3tRp4373.5tRp572.5t16x15.6x2x
Mon, 12 Sep 2022Rp9270.8tRp4314.4tRp558.4t16.7x16.6x2.1x
Price to Earnings Ratio

16.6x


Total Market Cap: Rp9270.8tTotal Earnings: Rp558.4tTotal Revenue: Rp4314.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Market Price to Earnings3Y Average 18.9x202320242025
Current Market PE
  • Investors are optimistic on the Indonesian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 21.8x which is higher than its 3-year average PE of 18.9x.
Past Earnings Growth
  • The earnings for Indonesian listed companies have grown 4.2% per year over the last three years.
  • Revenues for these companies have grown 6.8% 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 Market-1.29%
Energy2.41%
Healthcare1.57%
Materials0.90%
Consumer Staples-0.063%
Real Estate-0.23%
Telecom-0.89%
Industrials-1.28%
Consumer Discretionary-1.72%
Financials-2.39%
Tech-4.60%
Utilities-6.64%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 96.0x.
    • Analysts are expecting annual earnings growth of 6.9%, which is lower than the prior year's growth of 10.3% per year.
  • The Industrials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 11.4x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 37% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Materials sector is expected to see its earnings grow by 2.7% 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
DSSA Dian Swastatika SentosaRp106.20k9.3%
+Rp56.0t
157.8%PE139.4xEnergy
AMMN Amman Mineral InternasionalRp8.08k4.2%
+Rp23.6t
-24.4%PE2754.5xMaterials
IMPC Impack Pratama IndustriRp1.43k31.2%
+Rp18.5t
328.1%PE138xMaterials
ANTM Aneka TambangRp3.39k13.8%
+Rp9.9t
152.0%PE12xMaterials
SRAJ Sejahteraraya AnugrahjayaRp8.23k10.0%
+Rp9.0t
226.4%PS30.8xHealthcare
See more

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