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Indonesian (IDX) Banks Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies47
  • 7D0.6%
  • 3M6.6%
  • 1Y4.7%
  • YTD3.4%

Over the last 7 days, the Banks industry has remained flat, although notably Bank Rakyat Indonesia (Persero) gained 3.0%. The past year has been better, since the industry has gained 4.7% in that time. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the Indonesian Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022Rp3131.8tRp499.9tRp184.9t15.8x16.9x6.3x
Wed, 26 Oct 2022Rp3107.1tRp477.1tRp168.5t20.6x18.4x6.5x
Fri, 23 Sep 2022Rp3027.8tRp473.0tRp166.2t21.5x18.2x6.4x
Sun, 21 Aug 2022Rp2920.3tRp470.4tRp164.7t20.2x17.7x6.2x
Tue, 19 Jul 2022Rp2671.6tRp448.4tRp147.6t21x18.1x6x
Thu, 16 Jun 2022Rp2853.1tRp448.1tRp147.4t24.1x19.4x6.4x
Sat, 14 May 2022Rp2839.8tRp448.2tRp148.4t20.4x19.1x6.3x
Mon, 11 Apr 2022Rp2995.7tRp432.8tRp135.2t30.8x22.1x6.9x
Wed, 09 Mar 2022Rp2969.0tRp433.1tRp134.4t22.4x22.1x6.9x
Fri, 04 Feb 2022Rp2912.4tRp388.5tRp119.7t30.3x24.3x7.5x
Sun, 02 Jan 2022Rp2845.6tRp374.8tRp108.3t27.7x26.3x7.6x
Tue, 30 Nov 2021Rp2891.2tRp374.8tRp108.5t28.3x26.7x7.7x
Thu, 28 Oct 2021Rp2863.6tRp355.4tRp97.4t32.3x29.4x8.1x
Sat, 25 Sep 2021Rp2582.9tRp352.5tRp96.1t27x26.9x7.3x
Mon, 23 Aug 2021Rp2608.8tRp352.7tRp96.1t27.5x27.1x7.4x
Sat, 10 Jul 2021Rp2414.6tRp352.7tRp96.1t26x25.1x6.8x
Fri, 02 Apr 2021Rp2441.7tRp330.0tRp82.2t66.5x29.7x7.4x
Mon, 04 Jan 2021Rp2326.8tRp335.6tRp86.6t35.1x26.9x6.9x
Thu, 08 Oct 2020Rp1718.5tRp360.9tRp104.6t24.1x16.4x4.8x
Wed, 01 Jul 2020Rp51797.7tRp379.1tRp118.3t19.1x437.9x136.7x
Sat, 04 Apr 2020Rp51711.0tRp397.4tRp136.2t14.2x379.6x130.1x
Tue, 07 Jan 2020Rp52371.0tRp385.3tRp133.7t25.1x391.8x135.9x
Price to Earnings Ratio

395.3x


Total Market Cap: Rp52225.8tTotal Earnings: Rp132.1tTotal Revenue: Rp381.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Banks Industry Price to Earnings3Y Average 105.7x202020212022
Current Industry PE
  • Investors are pessimistic on the Indonesian Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 16.9x which is lower than its 3-year average PE of 106x.
  • The 3-year average PS ratio of 35.1x is higher than the industry's current PS ratio of 6.3x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 9.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indonesian Financials industry?

ID Market0.16%
Financials0.58%
Banks0.63%
Diversified Banks0.66%
Regional Banks-0.29%
Industry PE
  • Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 50.5x.
    • Analysts expect its future annual earnings growth (48.8%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 107x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 49% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BBRI Bank Rakyat Indonesia (Persero)Rp4.75k3.0%
+Rp21.2t
14.2%PB2.4x
BBCA Bank Central AsiaRp8.98k1.7%
+Rp18.5t
23.4%PB5.2x
BBNI Bank Negara Indonesia (Persero)Rp9.30k1.1%
+Rp1.9t
35.3%PB1.3x
BSIM Bank SinarmasRp850.006.3%
+Rp985.8b
-12.4%PB2.4x
BRIS Bank Syariah IndonesiaRp1.37k1.1%
+Rp616.9b
-31.8%PB2x
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Latest News

BBRI

Rp4,750.00

Bank Rakyat Indonesia (Persero)

7D

3.0%

1Y

14.2%

BMAS

Rp1,010.00

Bank Maspion Indonesia

7D

-37.5%

1Y

-28.4%

BBYB

Rp855.00

Bank Neo Commerce

7D

-8.6%

1Y

-60.6%

BSIM

Rp850.00

Bank Sinarmas

7D

6.3%

1Y

-12.4%

BTPN

Rp2,650.00

Bank BTPN

7D

1.5%

1Y

-1.9%

BNBA

Rp1,365.00

Bank Bumi Arta

7D

-9.0%

1Y

-58.3%

BNLI

Rp1,155.00

Bank Permata

7D

-1.7%

1Y

-32.7%

BKSW

Rp120.00

Bank QNB Indonesia

7D

15.4%

1Y

-33.3%

ARTO

Rp5,100.00

Bank Jago

7D

-16.7%

1Y

-65.4%

BBCA

Rp8,975.00

Bank Central Asia

7D

1.7%

1Y

23.4%