Indonesian (IDX) Regional Banks Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies17
- 7D-1.0%
- 3M-4.0%
- 1Y-30.7%
- YTDn/a
In the last week, the Regional Banks industry is flat overall, with Bank BTPN Syariah standing out by going down 3.3%. As for the longer term, the industry has declined 30% in the last year. Earnings are forecast to grow by 40% annually.
Industry Valuation and Performance
Has the Indonesian Regional Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jul 2024 | Rp74.2t | Rp15.8t | Rp2.3t | 27.8x | 31.7x | 4.7x |
| Sat, 22 Jun 2024 | Rp84.8t | Rp29.6t | Rp5.9t | 20.8x | 14.4x | 2.9x |
| Mon, 20 May 2024 | Rp93.6t | Rp29.5t | Rp5.8t | 22.6x | 16.1x | 3.2x |
| Wed, 17 Apr 2024 | Rp95.5t | Rp29.2t | Rp5.9t | 21.7x | 16.1x | 3.3x |
| Fri, 15 Mar 2024 | Rp92.6t | Rp30.1t | Rp6.1t | 18.3x | 15.1x | 3.1x |
| Sun, 11 Feb 2024 | Rp92.5t | Rp28.8t | Rp5.4t | 15.9x | 17.1x | 3.2x |
| Tue, 09 Jan 2024 | Rp95.4t | Rp29.2t | Rp5.8t | 16.5x | 16.6x | 3.3x |
| Thu, 07 Dec 2023 | Rp89.6t | Rp28.6t | Rp5.2t | 15.6x | 17.1x | 3.1x |
| Sat, 04 Nov 2023 | Rp84.5t | Rp28.7t | Rp5.5t | 16.9x | 15.5x | 2.9x |
| Mon, 02 Oct 2023 | Rp92.5t | Rp28.8t | Rp5.7t | 18.4x | 16.3x | 3.2x |
| Wed, 30 Aug 2023 | Rp97.8t | Rp28.8t | Rp5.7t | 16.1x | 17.2x | 3.4x |
| Fri, 28 Jul 2023 | Rp100.8t | Rp28.9t | Rp5.6t | 21.2x | 18.1x | 3.5x |
| Sun, 25 Jun 2023 | Rp92.2t | Rp28.6t | Rp5.7t | 20.1x | 16.3x | 3.2x |
| Tue, 23 May 2023 | Rp89.4t | Rp28.3t | Rp5.5t | 23.6x | 16.1x | 3.2x |
| Thu, 20 Apr 2023 | Rp89.5t | Rp27.9t | Rp4.9t | 23.2x | 18.2x | 3.2x |
| Sat, 18 Mar 2023 | Rp83.2t | Rp27.2t | Rp4.6t | 36.1x | 18.2x | 3.1x |
| Mon, 13 Feb 2023 | Rp86.6t | Rp27.4t | Rp4.5t | 38.4x | 19.2x | 3.2x |
| Wed, 11 Jan 2023 | Rp81.6t | Rp27.4t | Rp4.5t | 37.1x | 18.1x | 3x |
| Fri, 09 Dec 2022 | Rp89.1t | Rp27.5t | Rp4.5t | 39.7x | 19.8x | 3.2x |
| Sun, 06 Nov 2022 | Rp91.9t | Rp27.2t | Rp4.3t | 49.7x | 21.4x | 3.4x |
| Tue, 04 Oct 2022 | Rp85.5t | Rp26.2t | Rp4.0t | 33.9x | 21.6x | 3.3x |
| Thu, 01 Sep 2022 | Rp92.9t | Rp25.4t | Rp3.6t | 36.5x | 26.1x | 3.7x |
| Sat, 30 Jul 2022 | Rp92.8t | Rp24.8t | Rp3.2t | 74.2x | 28.9x | 3.7x |
| Mon, 27 Jun 2022 | Rp90.3t | Rp24.6t | Rp3.2t | 75.3x | 28.5x | 3.7x |
| Wed, 25 May 2022 | Rp96.8t | Rp24.3t | Rp3.0t | 99.1x | 32x | 4x |
| Fri, 22 Apr 2022 | Rp109.2t | Rp23.8t | Rp3.7t | 94.9x | 29.7x | 4.6x |
| Sun, 20 Mar 2022 | Rp113.3t | Rp23.2t | Rp3.8t | 88.3x | 29.9x | 4.9x |
| Tue, 15 Feb 2022 | Rp123.0t | Rp23.4t | Rp3.3t | 99.8x | 36.7x | 5.3x |
| Thu, 13 Jan 2022 | Rp124.8t | Rp22.5t | Rp3.0t | 107.7x | 42x | 5.6x |
| Sat, 11 Dec 2021 | Rp133.9t | Rp22.4t | Rp3.0t | 101.5x | 45.2x | 6x |
| Mon, 08 Nov 2021 | Rp158.8t | Rp22.2t | Rp2.9t | 84.4x | 54.7x | 7.1x |
| Wed, 06 Oct 2021 | Rp152.5t | Rp21.0t | Rp2.3t | 70.6x | 66.2x | 7.3x |
| Fri, 03 Sep 2021 | Rp166.8t | Rp21.1t | Rp2.3t | 75.1x | 72.6x | 7.9x |
| Sun, 01 Aug 2021 | Rp159.7t | Rp21.1t | Rp2.3t | 89.3x | 69.5x | 7.6x |
Price to Earnings Ratio
69.5x
Current Industry PE
- Investors are optimistic on the Indonesian Regional Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 31.3x which is higher than its 3-year average PE of 27.3x.
- The 3-year average PS ratio of 4.1x is lower than the industry's current PS ratio of 4.7x.
Past Earnings Growth
- The earnings for companies in the Regional Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 9.3% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Comparison
How does Indonesian Regional Banks compare with similar industries?
| ID Market | 1.01% | |
| Financials | 1.14% | |
| Banks | 1.27% | |
| Regional Banks | -1.01% | |
| Diversified Banks | 1.32% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AGRS Bank IBK Indonesia | Rp76.00 | -5.0% Rp616.6b | -21.6% | PB0.7x | |
| BNBA Bank Bumi Arta | Rp730.00 | 15.0% +Rp321.9b | -33.9% | PB0.8x | |
| BSIM Bank Sinarmas | Rp860.00 | 1.8% +Rp295.7b | -2.3% | PB2.2x |