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Indonesian (IDX) Insurance Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies21
  • 7D-0.4%
  • 3M-3.5%
  • 1Y5.9%
  • YTD1.7%

The Insurance is pretty flat in the last 7 days, but MSIG Life Insurance Indonesia has stood out, gaining 7.5%. As for the the longer term, the industry is up 5.9% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024Rp168.5tRp90.2tRp4.6t18.2x37x1.9x
Tue, 19 Nov 2024Rp171.1tRp90.2tRp4.6t20.6x37.4x1.9x
Thu, 17 Oct 2024Rp169.8tRp89.4tRp4.2t33.2x40.5x1.9x
Sat, 14 Sep 2024Rp166.9tRp90.0tRp4.2t34.8x39.7x1.9x
Mon, 12 Aug 2024Rp159.7tRp90.0tRp4.2t34.8x38x1.8x
Wed, 10 Jul 2024Rp162.0tRp89.6tRp4.4t22.1x36.6x1.8x
Fri, 07 Jun 2024Rp166.3tRp89.6tRp4.4t35x37.7x1.9x
Sun, 05 May 2024Rp160.9tRp90.8tRp4.4t28.2x36.5x1.8x
Tue, 02 Apr 2024Rp162.9tRp59.5tRp6.1t40.1x26.8x2.7x
Thu, 29 Feb 2024Rp172.0tRp58.2tRp6.0t18.8x28.9x3x
Sat, 27 Jan 2024Rp209.8tRp58.4tRp6.0t20.4x35x3.6x
Mon, 25 Dec 2023Rp168.4tRp60.0tRp5.8t21x28.8x2.8x
Wed, 22 Nov 2023Rp171.3tRp59.8tRp6.0t35.1x28.6x2.9x
Fri, 20 Oct 2023Rp161.7tRp60.8tRp6.1t41.9x26.3x2.7x
Sun, 17 Sep 2023Rp158.7tRp60.8tRp6.1t42.3x25.8x2.6x
Tue, 15 Aug 2023Rp164.3tRp60.8tRp6.1t43.7x26.7x2.7x
Thu, 13 Jul 2023Rp166.2tRp64.3tRp6.0t36.8x27.9x2.6x
Sat, 10 Jun 2023Rp162.9tRp64.3tRp6.0t36.5x27.3x2.5x
Mon, 08 May 2023Rp164.3tRp69.5tRp5.8t31.7x28.4x2.4x
Wed, 05 Apr 2023Rp167.8tRp71.1tRp4.0t13.3x41.8x2.4x
Fri, 03 Mar 2023Rp171.9tRp71.0tRp4.1t12.7x41.9x2.4x
Sun, 29 Jan 2023Rp174.9tRp71.0tRp4.1t12.6x42.6x2.5x
Tue, 27 Dec 2022Rp168.9tRp71.0tRp4.1t15.3x41.2x2.4x
Thu, 24 Nov 2022Rp178.4tRp69.3tRp2.6t15x69.4x2.6x
Sat, 22 Oct 2022Rp184.7tRp69.2tRp2.6t17.2x70.6x2.7x
Mon, 19 Sep 2022Rp180.0tRp69.0tRp2.6t17.1x68.8x2.6x
Wed, 17 Aug 2022Rp172.8tRp69.2tRp4.0t19.9x43.2x2.5x
Fri, 15 Jul 2022Rp167.0tRp68.8tRp3.8t18.7x43.5x2.4x
Sun, 12 Jun 2022Rp158.5tRp71.4tRp3.9t21x40.9x2.2x
Tue, 10 May 2022Rp149.9tRp72.5tRp4.0t19.2x37.9x2.1x
Thu, 07 Apr 2022Rp148.6tRp73.5tRp5.0t18.5x30x2x
Sat, 05 Mar 2022Rp149.6tRp73.5tRp5.0t18.5x30.2x2x
Mon, 31 Jan 2022Rp149.3tRp73.5tRp5.0t19.1x30.1x2x
Wed, 29 Dec 2021Rp143.1tRp73.4tRp4.9t15.8x29x1.9x
Price to Earnings Ratio

29x


Total Market Cap: Rp143.1tTotal Earnings: Rp4.9tTotal Revenue: Rp73.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Insurance Industry Price to Earnings3Y Average 36.8x202220232024
Current Industry PE
  • Investors are relatively neutral on the Indonesian Insurance industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 36.8x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have declined 2.8% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

ID Market-3.62%
Financials-4.37%
Insurance-0.41%
Insurance Brokers0%
General Insurance-0.096%
Life and Health Insurance-0.61%
Property and Casualty Insurance-2.07%
Reinsurance-6.25%
Industry PE
  • Investors are most optimistic about the General Insurance industry, which is trading close to its 3-year average PE ratio of 75.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 65.0x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
LIFE MSIG Life Insurance IndonesiaRp7.20k7.5%
+Rp1.1t		19.5%PE66.2x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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Latest News

AMAG

Rp328.00

Asuransi Multi Artha Guna

7D

-2.4%

1Y

10.8%

PNLF

Rp420.00

Panin Financial

7D

-7.1%

1Y

60.3%

GSMF

Rp55.00

Equity Development Investment

7D

-3.5%

1Y

-11.3%

LIFE

Rp7,200.00

MSIG Life Insurance Indonesia

7D

7.5%

1Y

19.5%

AHAP

Rp88.00

Asuransi Harta Aman Pratama

7D

-6.4%

1Y

-4.3%

PNIN

Rp1,040.00

Paninvest

7D

-8.8%

1Y

5.6%

MREI

Rp900.00

Maskapai Reasuransi Indonesia

7D

-6.3%

1Y

-55.4%

LPGI

Rp350.00

Lippo General Insurance

7D

-2.2%

1Y

-12.3%

TUGU

Rp1,025.00

Asuransi Tugu Pratama Indonesia

7D

-2.4%

1Y

1.5%