Header cover image

Indonesian (IDX) Healthcare Sector Analysis

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies35
  • 7D4.6%
  • 3M22.3%
  • 1Y18.8%
  • YTD28.4%

In the last week, the Healthcare industry is up 4.6%, with Sejahteraraya Anugrahjaya up 15%. During this same period, the Pyridam Farma underperformed, falling 7.2%. In the last 12 months, the industry was up 19%. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Sep 2025Rp338.2tRp168.3tRp8.4t16.8x40.2x2x
Fri, 15 Aug 2025Rp302.9tRp168.7tRp8.4t18.3x36.2x1.8x
Sun, 13 Jul 2025Rp284.5tRp167.4tRp8.4t20.1x33.9x1.7x
Tue, 10 Jun 2025Rp276.7tRp167.0tRp7.3t19.9x37.8x1.7x
Thu, 08 May 2025Rp258.3tRp166.2tRp7.5t18.1x34.2x1.6x
Sat, 05 Apr 2025Rp230.0tRp150.5tRp7.5t22.3x30.8x1.5x
Mon, 03 Mar 2025Rp240.9tRp148.4tRp7.0t26.1x34.4x1.6x
Wed, 29 Jan 2025Rp249.7tRp148.4tRp7.0t26.3x35.6x1.7x
Fri, 27 Dec 2024Rp262.6tRp148.1tRp7.0t27.5x37.3x1.8x
Sun, 24 Nov 2024Rp273.6tRp148.0tRp7.0t31.1x38.8x1.8x
Tue, 22 Oct 2024Rp290.3tRp145.5tRp7.2t37.9x40.4x2x
Thu, 19 Sep 2024Rp288.1tRp145.7tRp7.4t37.7x39.1x2x
Sat, 17 Aug 2024Rp271.5tRp145.8tRp7.5t34.2x36.3x1.9x
Mon, 15 Jul 2024Rp263.5tRp142.1tRp6.7t25.2x39.3x1.9x
Wed, 12 Jun 2024Rp262.0tRp141.9tRp6.8t25.1x38.3x1.8x
Fri, 10 May 2024Rp251.7tRp141.7tRp8.1t27.1x30.9x1.8x
Sun, 07 Apr 2024Rp250.1tRp138.6tRp8.2t20.6x30.4x1.8x
Tue, 05 Mar 2024Rp238.2tRp136.2tRp8.6t22.3x27.8x1.7x
Thu, 01 Feb 2024Rp238.9tRp136.2tRp8.6t23.1x27.9x1.8x
Sat, 30 Dec 2023Rp246.1tRp136.1tRp8.6t25.4x28.7x1.8x
Mon, 27 Nov 2023Rp240.5tRp135.7tRp9.0t22.5x26.6x1.8x
Wed, 25 Oct 2023Rp264.2tRp135.4tRp9.2t23.6x28.7x2x
Fri, 22 Sep 2023Rp262.4tRp135.2tRp9.1t23x28.7x1.9x
Sun, 20 Aug 2023Rp263.4tRp135.1tRp9.1t23.8x28.8x1.9x
Tue, 18 Jul 2023Rp276.0tRp132.9tRp8.9t25.1x30.9x2.1x
Thu, 15 Jun 2023Rp274.9tRp132.8tRp8.9t27.9x31x2.1x
Sat, 13 May 2023Rp269.0tRp134.5tRp8.6t24.8x31.3x2x
Mon, 10 Apr 2023Rp270.1tRp133.3tRp8.4t25.1x32.3x2x
Wed, 08 Mar 2023Rp274.4tRp132.8tRp8.7t23.6x31.4x2.1x
Fri, 03 Feb 2023Rp282.3tRp132.5tRp8.8t24.8x32.1x2.1x
Sun, 01 Jan 2023Rp279.6tRp130.7tRp8.8t26.3x31.9x2.1x
Tue, 29 Nov 2022Rp270.8tRp127.9tRp8.6t27.9x31.4x2.1x
Thu, 27 Oct 2022Rp249.7tRp125.1tRp8.8t28.5x28.3x2x
Sat, 24 Sep 2022Rp238.9tRp126.2tRp9.1t25.1x26.3x1.9x
Price to Earnings Ratio

26.3x


Total Market Cap: Rp238.9tTotal Earnings: Rp9.1tTotal Revenue: Rp126.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Healthcare Sector Price to Earnings3Y Average 32.7x202320242025
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 40.2x which is higher than its 3-year average PE of 32.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 2.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 10% 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 Healthcare sector?

ID Market4.63%
Healthcare4.63%
Healthcare Services5.16%
Pharma3.36%
Medical Equipment2.01%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 42.6x.
    • Analysts are expecting annual earnings growth of 16.1%, which is higher than its past year's earnings growth of 11.5% per year.
  • Investors are most pessimistic about the Pharma industry, which is trading below its 3-year average of 25.2x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Pharma industry is expected to see its earnings grow by 9.3% 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
SRAJ Sejahteraraya AnugrahjayaRp9.75k15.4%
+Rp15.6t
273.6%PS36.5x
KLBF Kalbe FarmaRp1.19k2.6%
+Rp1.4t
-32.0%PE15.8x
MIKA Mitra Keluarga KaryasehatRp2.37k3.0%
+Rp973.5b
-23.8%PE27.8x
TSPC Tempo Scan PacificRp2.36k5.8%
+Rp586.3b
-12.3%PE8x
SILO Siloam International HospitalsRp2.12k1.0%
+Rp259.8b
-28.6%PE26.4x

Latest News