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Indonesian (IDX) Healthcare Sector Analysis

UpdatedFeb 28, 2026
DataAggregated Company Financials
Companies34
  • 7D-0.2%
  • 3M-0.2%
  • 1Y84.7%
  • YTD-1.4%

Over the last 7 days, the Healthcare industry has remained flat, although notably Kalbe Farma gained 4.3%. As for the the longer term, the industry is up 85% over the past 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

Has the Indonesian Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Feb 2026Rp446.4tRp171.4tRp9.3t21.1x47.8x2.6x
Mon, 26 Jan 2026Rp476.7tRp171.4tRp9.3t21.9x51.1x2.8x
Wed, 24 Dec 2025Rp453.5tRp171.2tRp9.3t20.9x48.7x2.6x
Fri, 21 Nov 2025Rp418.8tRp171.2tRp9.3t21.6x45.1x2.4x
Sun, 19 Oct 2025Rp370.1tRp167.4tRp8.7t19.5x42.6x2.2x
Tue, 16 Sep 2025Rp332.7tRp168.3tRp8.4t16.7x39.5x2x
Thu, 14 Aug 2025Rp298.3tRp168.7tRp8.4t18.4x35.6x1.8x
Sat, 12 Jul 2025Rp280.4tRp167.4tRp8.4t19.5x33.4x1.7x
Mon, 09 Jun 2025Rp276.7tRp166.6tRp7.3t19.9x37.8x1.7x
Wed, 07 May 2025Rp258.1tRp166.2tRp7.5t18.2x34.2x1.6x
Fri, 04 Apr 2025Rp230.0tRp150.5tRp7.5t22.3x30.8x1.5x
Sun, 02 Mar 2025Rp240.9tRp148.4tRp7.0t26.1x34.4x1.6x
Tue, 28 Jan 2025Rp249.7tRp148.4tRp7.0t26.3x35.6x1.7x
Thu, 26 Dec 2024Rp262.6tRp148.1tRp7.0t27.5x37.3x1.8x
Sat, 23 Nov 2024Rp273.5tRp148.0tRp7.0t31.1x38.8x1.8x
Mon, 21 Oct 2024Rp292.4tRp145.5tRp7.2t38.1x40.7x2x
Wed, 18 Sep 2024Rp282.7tRp145.7tRp7.4t36.2x38.4x1.9x
Fri, 16 Aug 2024Rp271.3tRp145.8tRp7.5t34.2x36.3x1.9x
Sun, 14 Jul 2024Rp263.5tRp142.1tRp6.7t25.2x39.3x1.9x
Tue, 11 Jun 2024Rp261.4tRp141.9tRp6.8t25.7x38.2x1.8x
Thu, 09 May 2024Rp251.7tRp141.7tRp8.1t27.1x30.9x1.8x
Sat, 06 Apr 2024Rp250.2tRp138.7tRp8.2t20.6x30.4x1.8x
Mon, 04 Mar 2024Rp238.4tRp136.2tRp8.6t22.5x27.8x1.8x
Wed, 31 Jan 2024Rp239.3tRp136.2tRp8.6t22.9x27.9x1.8x
Fri, 29 Dec 2023Rp245.2tRp136.1tRp8.6t25.4x28.6x1.8x
Sun, 26 Nov 2023Rp240.6tRp135.7tRp9.0t22.5x26.6x1.8x
Tue, 24 Oct 2023Rp264.2tRp135.4tRp9.2t23.3x28.7x2x
Thu, 21 Sep 2023Rp260.6tRp135.2tRp9.1t23.5x28.5x1.9x
Sat, 19 Aug 2023Rp265.4tRp135.1tRp9.1t23.8x29x2x
Mon, 17 Jul 2023Rp279.2tRp132.9tRp8.9t25.7x31.3x2.1x
Wed, 14 Jun 2023Rp275.0tRp132.8tRp8.9t26.2x31.1x2.1x
Fri, 12 May 2023Rp268.6tRp134.5tRp8.6t25.2x31.3x2x
Sun, 09 Apr 2023Rp270.1tRp133.3tRp8.4t21.2x32.2x2x
Tue, 07 Mar 2023Rp274.4tRp132.8tRp8.7t23.6x31.4x2.1x
Price to Earnings Ratio

31.4x


Total Market Cap: Rp274.4tTotal Earnings: Rp8.7tTotal Revenue: Rp132.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Healthcare Sector Price to Earnings3Y Average 35.1x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 47.9x which is higher than its 3-year average PE of 35.1x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 2.3% per year over the last three years.
  • Revenues for these companies have grown 8.9% 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 Healthcare sector?

ID Market-0.88%
Healthcare-0.19%
Medical Equipment15.55%
Pharma1.16%
Healthcare Services-0.94%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 48.0x.
    • Analysts are expecting annual earnings growth of 15.1%, which is higher than its past year's earnings growth of 8.0% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading close to its 3-year average of 21.2x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings growth rate of 8.0% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 9.7% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
KLBF Kalbe FarmaRp1.10k4.3%
+Rp2.0t
1.9%PE14.3x
OMED Jayamas Medica IndustriRp250.0019.0%
+Rp1.1t
52.4%PE18.5x
EPMT Enseval Putera MegatradingRp2.35k2.2%
+Rp135.4b
10.3%PE8.4x
DGNS Diagnos Laboratorium UtamaRp314.003.3%
+Rp12.5b
88.0%PS2.5x
DVLA Darya-Varia LaboratoriaRp1.66k0.6%
+Rp11.2b
7.1%PE10.7x

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