Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indonesian (IDX) Insurance Industry Analysis

UpdatedAug 15, 2025
DataAggregated Company Financials
Companies22
  • 7D8.4%
  • 3M11.8%
  • 1Y33.0%
  • YTD23.7%

Over the last 7 days, the Insurance industry has risen 9.6%, driven by gains from Sinar Mas Multiartha of 14%. This means that the industry has gained 34% over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 15 Aug 2025Rp212.8tRp75.4tRp6.4t16.4x33.2x2.8x
Sun, 13 Jul 2025Rp196.4tRp74.1tRp5.8t19.4x33.6x2.6x
Tue, 10 Jun 2025Rp194.8tRp74.3tRp5.5t18.5x35.2x2.6x
Thu, 08 May 2025Rp192.3tRp74.5tRp5.6t17.9x34.3x2.6x
Sat, 05 Apr 2025Rp184.6tRp74.2tRp4.6t19.8x40.6x2.5x
Mon, 03 Mar 2025Rp182.2tRp73.9tRp3.9t15.6x47.1x2.5x
Wed, 29 Jan 2025Rp177.3tRp63.4tRp3.3t18.3x54x2.8x
Fri, 27 Dec 2024Rp169.3tRp90.2tRp4.6t18.2x37.2x1.9x
Sun, 24 Nov 2024Rp170.4tRp90.1tRp4.6t18.9x37.5x1.9x
Tue, 22 Oct 2024Rp172.7tRp89.4tRp4.2t32.9x41x1.9x
Thu, 19 Sep 2024Rp175.8tRp90.0tRp4.2t34.6x41.8x2x
Sat, 17 Aug 2024Rp160.9tRp90.0tRp4.2t37.6x38.3x1.8x
Mon, 15 Jul 2024Rp161.8tRp89.6tRp4.4t21.8x36.5x1.8x
Wed, 12 Jun 2024Rp160.7tRp89.6tRp4.4t22.7x36.3x1.8x
Fri, 10 May 2024Rp161.0tRp88.8tRp5.0t21.4x32.1x1.8x
Sun, 07 Apr 2024Rp163.8tRp59.5tRp6.0t29.8x27.3x2.8x
Tue, 05 Mar 2024Rp170.3tRp58.2tRp6.0t17.9x28.6x2.9x
Thu, 01 Feb 2024Rp183.2tRp58.4tRp6.0t21.7x30.5x3.1x
Sat, 30 Dec 2023Rp168.5tRp60.0tRp5.8t21.4x28.8x2.8x
Mon, 27 Nov 2023Rp169.9tRp59.8tRp6.0t34.8x28.3x2.8x
Wed, 25 Oct 2023Rp159.9tRp60.8tRp6.1t42.8x26x2.6x
Fri, 22 Sep 2023Rp158.0tRp60.8tRp6.1t41.1x25.7x2.6x
Sun, 20 Aug 2023Rp164.1tRp60.8tRp6.1t43.7x26.7x2.7x
Tue, 18 Jul 2023Rp165.7tRp64.3tRp6.0t37.6x27.8x2.6x
Thu, 15 Jun 2023Rp163.4tRp64.3tRp6.0t35.8x27.4x2.5x
Sat, 13 May 2023Rp165.2tRp70.1tRp5.8t34x28.7x2.4x
Mon, 10 Apr 2023Rp167.7tRp71.1tRp4.0t20.7x42x2.4x
Wed, 08 Mar 2023Rp171.3tRp71.0tRp4.1t12.8x41.8x2.4x
Fri, 03 Feb 2023Rp174.5tRp71.0tRp4.1t12.5x42.5x2.5x
Sun, 01 Jan 2023Rp167.9tRp71.0tRp4.1t15.1x40.9x2.4x
Tue, 29 Nov 2022Rp176.4tRp69.8tRp2.7t17.4x66x2.5x
Thu, 27 Oct 2022Rp186.7tRp69.2tRp2.6t15.8x71.4x2.7x
Sat, 24 Sep 2022Rp177.4tRp69.0tRp2.6t17.2x67.9x2.6x
Mon, 22 Aug 2022Rp174.5tRp69.2tRp4.0t19.3x43.6x2.5x
Price to Earnings Ratio

43.6x


Total Market Cap: Rp174.5tTotal Earnings: Rp4.0tTotal Revenue: Rp69.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Insurance Industry Price to Earnings3Y Average 37.9x202320242025
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 33.5x which is lower than its 3-year average PE of 37.9x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 2.9% 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 Market6.41%
Financials5.42%
Insurance8.45%
Life and Health Insurance9.98%
General Insurance7.59%
Property and Casualty Insurance2.69%
Reinsurance2.60%
Industry PE
  • Investors are most optimistic about the General Insurance industry even though it's trading below its 3-year average PE ratio of 83.7x.
    • 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 63.5x.
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
SMMA Sinar Mas MultiarthaRp16.03k7.6%
+Rp7.2t		9.8%PE55.4x
LIFE MSIG Life Insurance IndonesiaRp9.90k40.4%
+Rp6.0t		92.2%PE64.4x
CASA Capital Financial IndonesiaRp1.11k4.2%
+Rp2.5t		121.9%PE530x
GSMF Equity Development InvestmentRp75.0036.4%
+Rp284.6b		47.1%PE22.6x
BHAT Bhakti Multi ArthaRp875.005.4%
+Rp225.0b		95.3%PS20.2x

Latest News

ASDM
Rp530.00
Asuransi Dayin Mitra
7D
-1.9%
1Y
6.9%
LIFE
Rp9,900.00
MSIG Life Insurance Indonesia
7D
40.4%
1Y
92.2%
PNLF
Rp258.00
Panin Financial
7D
1.6%
1Y
-24.1%
MTWI
Rp400.00
Malacca Trust Wuwungan Insurance
7D
4.2%
1Y
161.4%
GSMF
Rp75.00
Equity Development Investment
7D
36.4%
1Y
47.1%
CASA
Rp1,105.00
Capital Financial Indonesia
7D
4.2%
1Y
121.9%
BHAT
Rp875.00
Bhakti Multi Artha
7D
5.4%
1Y
95.3%
SMMA
Rp16,025.00
Sinar Mas Multiartha
7D
7.6%
1Y
9.8%
TUGU
Rp980.00
Asuransi Tugu Pratama Indonesia
7D
5.4%
1Y
-11.3%