Indonesian (IDX) Insurance Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies21
- 7D-0.5%
- 3M-22.6%
- 1Y-1.3%
- YTD-1.9%
Over the last 7 days, the Insurance industry has remained flat, although notably Bhakti Multi Artha gained 6.9%. In line with that, the industry has also been flat over the past 12 months.
Industry Valuation and Performance
Has the Indonesian Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | Rp162.7t | Rp90.7t | Rp5.2t | 27.1x | 31.6x | 1.8x |
| Sun, 24 Mar 2024 | Rp163.4t | Rp58.2t | Rp6.0t | 18.3x | 27.4x | 2.8x |
| Tue, 20 Feb 2024 | Rp172.7t | Rp58.2t | Rp6.0t | 19.6x | 29x | 3x |
| Thu, 18 Jan 2024 | Rp171.5t | Rp58.4t | Rp6.0t | 21.9x | 28.6x | 2.9x |
| Sat, 16 Dec 2023 | Rp168.7t | Rp60.0t | Rp5.8t | 19.8x | 28.8x | 2.8x |
| Mon, 13 Nov 2023 | Rp167.7t | Rp59.8t | Rp6.0t | 34.3x | 27.9x | 2.8x |
| Wed, 11 Oct 2023 | Rp163.5t | Rp60.8t | Rp6.1t | 46.6x | 26.6x | 2.7x |
| Fri, 08 Sep 2023 | Rp160.1t | Rp60.8t | Rp6.1t | 42.6x | 26.1x | 2.6x |
| Sun, 06 Aug 2023 | Rp164.3t | Rp61.5t | Rp6.0t | 43.9x | 27.2x | 2.7x |
| Tue, 04 Jul 2023 | Rp163.9t | Rp64.3t | Rp6.0t | 38.6x | 27.5x | 2.5x |
| Thu, 01 Jun 2023 | Rp165.1t | Rp64.3t | Rp6.0t | 40.4x | 27.7x | 2.6x |
| Sat, 29 Apr 2023 | Rp164.5t | Rp70.0t | Rp5.9t | 28.8x | 28x | 2.4x |
| Mon, 27 Mar 2023 | Rp167.1t | Rp71.0t | Rp4.1t | 12.9x | 41.1x | 2.4x |
| Wed, 22 Feb 2023 | Rp172.9t | Rp71.0t | Rp4.1t | 12.7x | 42.2x | 2.4x |
| Fri, 20 Jan 2023 | Rp167.8t | Rp71.0t | Rp4.1t | 12.5x | 40.9x | 2.4x |
| Sun, 18 Dec 2022 | Rp172.4t | Rp71.0t | Rp4.1t | 16x | 42x | 2.4x |
| Tue, 15 Nov 2022 | Rp174.3t | Rp69.4t | Rp2.6t | 14.7x | 67.8x | 2.5x |
| Thu, 13 Oct 2022 | Rp179.1t | Rp69.2t | Rp2.6t | 16.6x | 68.4x | 2.6x |
| Sat, 10 Sep 2022 | Rp175.5t | Rp67.5t | Rp2.6t | 17.9x | 67.2x | 2.6x |
| Mon, 08 Aug 2022 | Rp172.0t | Rp69.2t | Rp4.0t | 21.7x | 43x | 2.5x |
| Wed, 06 Jul 2022 | Rp162.0t | Rp68.8t | Rp3.8t | 17.2x | 42.1x | 2.4x |
| Fri, 03 Jun 2022 | Rp153.9t | Rp73.6t | Rp3.8t | 18.9x | 40.5x | 2.1x |
| Sun, 01 May 2022 | Rp151.4t | Rp73.6t | Rp4.9t | 24.7x | 30.8x | 2.1x |
| Tue, 29 Mar 2022 | Rp148.1t | Rp73.5t | Rp5.0t | 18.4x | 29.9x | 2x |
| Thu, 24 Feb 2022 | Rp149.5t | Rp73.5t | Rp5.0t | 18.4x | 30.2x | 2x |
| Sat, 22 Jan 2022 | Rp146.8t | Rp73.5t | Rp5.0t | 18.6x | 29.6x | 2x |
| Mon, 20 Dec 2021 | Rp142.1t | Rp73.4t | Rp5.0t | 16.7x | 28.7x | 1.9x |
| Wed, 17 Nov 2021 | Rp139.8t | Rp74.1t | Rp4.9t | 20.5x | 28.4x | 1.9x |
| Fri, 15 Oct 2021 | Rp135.8t | Rp73.8t | Rp4.9t | 20.2x | 27.6x | 1.8x |
| Sun, 12 Sep 2021 | Rp130.2t | Rp71.8t | Rp5.0t | 20.3x | 26.1x | 1.8x |
| Tue, 10 Aug 2021 | Rp129.3t | Rp70.8t | Rp5.0t | 17.4x | 25.9x | 1.8x |
| Mon, 03 May 2021 | Rp148.1t | Rp78.0t | Rp4.8t | 22.6x | 30.6x | 1.9x |
Price to Earnings Ratio
30.6x
Current Industry PE
- Investors are pessimistic on the Indonesian Insurance 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 31.6x which is lower than its 3-year average PE of 34.8x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 2.1% per year over the last three years.
- Revenues for these companies have grown 5.2% 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 Market | 0.59% | |
| Financials | -0.44% | |
| Insurance | -0.48% | |
| General Insurance | 0.051% | |
| Insurance Brokers | 0% | |
| Reinsurance | 0% | |
| Property and Casualty Insurance | -0.32% | |
| Life and Health Insurance | -1.40% | |
Industry PE
- Investors are most optimistic about the General Insurance industry even though it's trading below its 3-year average PE ratio of 82.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Property and Casualty Insurance industry, which is trading below its 3-year average of 12.3x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BHAT Bhakti Multi Artha | Rp480.00 | 10.1% +Rp220.0b | -37.3% | PE716.5x | |
| LIFE MSIG Life Insurance Indonesia | Rp6.03k | 0.4% +Rp52.5b | 8.6% | PE100x | |
| VINS Victoria Insurance | Rp147.00 | 27.8% +Rp46.7b | 79.3% | PE33.1x | |
| AMAG Asuransi Multi Artha Guna | Rp322.00 | 2.5% +Rp39.7b | -15.3% | PE10.8x | |
| LPGI Lippo General Insurance | Rp3.72k | 2.5% +Rp27.0b | -41.6% | PE44.8x |