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Indonesian (IDX) Diversified Banks Industry Analysis

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies31
  • 7D1.2%
  • 3M-2.4%
  • 1Y4.8%
  • YTDn/a

Bank Mega is up 40%, leading the way for the Diversified Banks industry, which has gained 1.2%. In the last 12 months, the industry was up 4.8%. Looking forward, earnings are forecast to grow by 8.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 01 Mar 2026Rp2808.0tRp690.1tRp232.1t14.9x12.1x4.1x
Tue, 27 Jan 2026Rp2844.6tRp601.1tRp225.2t13.9x12.6x4.7x
Thu, 25 Dec 2025Rp2881.2tRp605.8tRp226.6t13.7x12.7x4.8x
Sat, 22 Nov 2025Rp2955.6tRp601.4tRp225.3t14.1x13.1x4.9x
Mon, 20 Oct 2025Rp2674.2tRp596.2tRp229.3t15.8x11.7x4.5x
Wed, 17 Sep 2025Rp2849.4tRp592.7tRp231.7t15.1x12.3x4.8x
Fri, 15 Aug 2025Rp2958.9tRp592.3tRp231.6t15x12.8x5x
Sun, 13 Jul 2025Rp2871.2tRp587.0tRp235.0t14.3x12.2x4.9x
Tue, 10 Jun 2025Rp2932.9tRp586.7tRp235.0t15.1x12.5x5x
Thu, 08 May 2025Rp2920.0tRp586.6tRp235.0t15.5x12.4x5x
Sat, 05 Apr 2025Rp2870.5tRp579.3tRp234.5t15x12.2x5x
Mon, 03 Mar 2025Rp2674.2tRp578.6tRp234.9t16.5x11.4x4.6x
Wed, 29 Jan 2025Rp3105.6tRp576.7tRp236.6t16.6x13.1x5.4x
Fri, 27 Dec 2024Rp3106.2tRp573.4tRp234.8t18.3x13.2x5.4x
Sun, 24 Nov 2024Rp3241.8tRp573.4tRp235.0t18.7x13.8x5.7x
Tue, 22 Oct 2024Rp3585.9tRp564.3tRp229.2t20.4x15.6x6.4x
Thu, 19 Sep 2024Rp3655.2tRp564.2tRp229.3t20.1x15.9x6.5x
Sat, 17 Aug 2024Rp3413.6tRp563.5tRp228.7t19.1x14.9x6.1x
Mon, 15 Jul 2024Rp3335.0tRp558.8tRp227.4t17.6x14.7x6x
Wed, 12 Jun 2024Rp3116.4tRp544.9tRp223.8t17.2x13.9x5.7x
Fri, 10 May 2024Rp3173.1tRp544.4tRp223.9t19.1x14.2x5.8x
Sun, 07 Apr 2024Rp3487.2tRp540.6tRp222.6t16.5x15.7x6.5x
Tue, 05 Mar 2024Rp3552.7tRp540.8tRp222.6t17.1x16x6.6x
Thu, 01 Feb 2024Rp3424.2tRp540.9tRp212.7t17.5x16.1x6.3x
Sat, 30 Dec 2023Rp3311.8tRp539.4tRp211.6t15.4x15.6x6.1x
Mon, 27 Nov 2023Rp3190.7tRp538.6tRp211.3t15.1x15.1x5.9x
Wed, 25 Oct 2023Rp3051.5tRp529.8tRp207.3t14.1x14.7x5.8x
Fri, 22 Sep 2023Rp3193.6tRp527.1tRp205.9t15.6x15.5x6.1x
Sun, 20 Aug 2023Rp3230.0tRp523.9tRp204.4t16x15.8x6.2x
Tue, 18 Jul 2023Rp3190.3tRp514.6tRp198.5t13.7x16.1x6.2x
Thu, 15 Jun 2023Rp3145.0tRp514.5tRp198.4t15.4x15.9x6.1x
Sat, 13 May 2023Rp3011.4tRp513.6tRp197.7t14.3x15.2x5.9x
Mon, 10 Apr 2023Rp2979.8tRp491.0tRp186.3t14.3x16x6.1x
Wed, 08 Mar 2023Rp2918.1tRp489.0tRp186.1t14.2x15.7x6x
Price to Earnings Ratio

15.7x


Total Market Cap: Rp2918.1tTotal Earnings: Rp186.1tTotal Revenue: Rp489.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Diversified Banks Industry Price to Earnings3Y Average 14.2x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Diversified 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 12.1x which is lower than its 3-year average PE of 14.2x.
  • The 3-year average PS ratio of 5.6x is higher than the industry's current PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 7.6% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indonesian Diversified Banks compare with similar industries?

ID Market-0.88%
Financials0.75%
Banks1.08%
Diversified Banks1.17%
Regional Banks-1.01%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MEGA Bank MegaRp4.65k40.5%
+Rp15.7t		31.0%PB2.2x
BMRI Bank Mandiri (Persero)Rp5.28k2.9%
+Rp14.0t		14.7%PB1.7x
BBRI Bank Rakyat Indonesia (Persero)Rp3.91k1.8%
+Rp10.5t		16.4%PB1.8x
BNLI Bank PermataRp4.05k0.7%
+Rp1.1t		85.8%PB3.2x
BRIS Bank Syariah IndonesiaRp2.36k0.9%
+Rp922.6b		-5.6%PB2.1x

Latest News

BNII
Rp222.00
Bank Maybank Indonesia
7D
2.8%
1Y
15.6%
BBRI
Rp3,910.00
Bank Rakyat Indonesia (Persero)
7D
1.8%
1Y
16.4%
BNGA
Rp1,850.00
Bank CIMB Niaga
7D
-0.8%
1Y
14.6%
BBHI
Rp1,425.00
Allo Bank Indonesia
7D
2.5%
1Y
114.3%
BNLI
Rp4,050.00
Bank Permata
7D
0.7%
1Y
85.8%
MEGA
Rp4,650.00
Bank Mega
7D
40.5%
1Y
31.0%
BDMN
Rp2,840.00
Bank Danamon Indonesia
7D
2.2%
1Y
19.3%
NOBU
Rp600.00
Bank Nationalnobu
7D
-11.8%
1Y
3.4%
BMRI
Rp5,275.00
Bank Mandiri (Persero)
7D
2.9%
1Y
14.7%

BMRI: New Industrial Branch And Higher Margins Will Support Earnings Upside

Analysts have lifted their price target for Bank Mandiri (Persero) to IDR 7,520 from IDR 7,215, reflecting updated views that factor in a slightly lower discount rate, a higher projected profit margin, and a modestly lower future P/E multiple. What's in the News Bank Mandiri inaugurated a new branch office at PT OKI Pulp & Paper Mills, a business unit of APP Group, on November 24, 2025.
BBNI
Rp4,400.00
Bank Negara Indonesia (Persero)
7D
-1.6%
1Y
9.2%

BBNI: Higher Revenue Assumptions Will Mask Pressure From Lower Profit Margins

Analysts have lifted their price target for Bank Negara Indonesia (Persero) from IDR 3,804 to IDR 4,012 as they factor in updated assumptions that include a different mix of projected revenue growth, profit margin and future P/E. Valuation Changes Fair Value: IDR 3,803.66 has moved to IDR 4,011.54, indicating a slightly higher assessed value per share.
BRIS
Rp2,360.00
Bank Syariah Indonesia
7D
0.9%
1Y
-5.6%
BBCA
Rp7,175.00
Bank Central Asia
7D
-0.7%
1Y
-14.8%
BANK
Rp575.00
Bank Aladin Syariah
7D
-5.7%
1Y
-28.1%
PNBN
Rp1,075.00
Bank Pan Indonesia
7D
-3.2%
1Y
-16.7%
BINA
Rp4,630.00
Bank Ina Perdana
7D
-1.3%
1Y
7.7%
ARTO
Rp1,590.00
Bank Jago
7D
-2.8%
1Y
-9.4%