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Indonesian (IDX) Gold Industry Analysis

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies4
  • 7D3.9%
  • 3M70.1%
  • 1Y226.2%
  • YTDn/a

Over the last 7 days, the Gold industry has risen 3.9%, driven by gains from Merdeka Gold Resources of 5.4%. In the last 12 months, the industry was up 226%. Looking forward, earnings are forecast to grow by 33% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 02 Mar 2026Rp288.4tRp109.5tRp8.9t28.2x32.3x2.6x
Wed, 28 Jan 2026Rp279.7tRp109.5tRp8.9t32.1x31.4x2.6x
Fri, 26 Dec 2025Rp216.2tRp109.5tRp8.9t28.5x24.2x2x
Sun, 23 Nov 2025Rp166.4tRp109.5tRp8.9t19.8x18.6x1.5x
Tue, 21 Oct 2025Rp208.5tRp114.7tRp7.5t42.2x27.8x1.8x
Thu, 18 Sep 2025Rp120.0tRp114.6tRp7.9t27.9x15.2x1x
Sat, 16 Aug 2025Rp98.2tRp96.1tRp6.6t20.7x14.8x1x
Mon, 14 Jul 2025Rp98.3tRp95.8tRp6.2t36.6x15.7x1x
Wed, 11 Jun 2025Rp101.6tRp95.9tRp6.2t24.4x16.3x1.1x
Fri, 09 May 2025Rp79.7tRp95.4tRp5.9t50.1x13.6x0.8x
Sun, 06 Apr 2025Rp52.4tRp62.3tRp2.7t36.7x19.2x0.8x
Tue, 04 Mar 2025Rp51.4tRp62.3tRp2.6t35.5x20.1x0.8x
Thu, 30 Jan 2025Rp47.8tRp62.1tRp2.6t30.1x18.7x0.8x
Sat, 28 Dec 2024Rp48.7tRp62.2tRp2.6t31.2x19.1x0.8x
Mon, 25 Nov 2024Rp50.1tRp62.0tRp2.5t42.3x19.6x0.8x
Wed, 23 Oct 2024Rp58.3tRp50.7tRp3.1t36.9x18.9x1.1x
Fri, 20 Sep 2024Rp47.1tRp50.0tRp2.9t64.6x16.3x0.9x
Sun, 18 Aug 2024Rp48.5tRp50.2tRp2.9t55.2x16.7x1x
Tue, 16 Jul 2024Rp43.3tRp45.5tRp1.9t39.8x23.3x1x
Thu, 13 Jun 2024Rp40.8tRp45.6tRp1.9t31.8x22x0.9x
Sat, 11 May 2024Rp48.3tRp43.9tRp1.4t27.1x35.4x1.1x
Mon, 08 Apr 2024Rp53.7tRp46.8tRp2.8t25.7x19.2x1.1x
Wed, 06 Mar 2024Rp48.9tRp48.5tRp3.7t31.3x13.2x1x
Fri, 02 Feb 2024Rp49.1tRp48.5tRp3.7t32x13.3x1x
Sun, 31 Dec 2023Rp53.4tRp48.4tRp3.7t37.1x14.4x1.1x
Tue, 28 Nov 2023Rp50.5tRp48.4tRp3.7t34.2x13.7x1x
Thu, 26 Oct 2023Rp54.6tRp53.8tRp3.7t45.7x14.7x1x
Sat, 23 Sep 2023Rp54.8tRp53.7tRp3.7t41.2x14.7x1x
Mon, 21 Aug 2023Rp58.2tRp52.6tRp3.6t43.7x16.4x1.1x
Wed, 19 Jul 2023Rp59.4tRp52.1tRp3.6t36.4x16.5x1.1x
Fri, 16 Jun 2023Rp59.4tRp52.1tRp3.6t34.3x16.5x1.1x
Sun, 14 May 2023Rp58.9tRp52.1tRp3.8t34.2x15.3x1.1x
Tue, 11 Apr 2023Rp61.9tRp51.9tRp4.5t17.7x13.9x1.2x
Thu, 09 Mar 2023Rp55.9tRp51.8tRp3.4t16.2x16.2x1.1x
Price to Earnings Ratio

16.2x


Total Market Cap: Rp55.9tTotal Earnings: Rp3.4tTotal Revenue: Rp51.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Gold Industry Price to Earnings3Y Average 18.5x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian Gold industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 32.3x which is higher than its 3-year average PE of 18.5x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 37% per year over the last three years.
  • Revenues for these companies have grown 28% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indonesian Gold compare with similar industries?

ID Market-0.88%
Materials-0.33%
Metals and Mining-0.64%
Gold3.86%
Steel0.52%
Aluminum0.37%
Diversified Metals and Mining-0.55%
Copper-3.16%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
EMAS Merdeka Gold ResourcesRp8.33k5.4%
+Rp6.3t		n/aPS64436.6x
ANTM Aneka TambangRp4.35k3.1%
+Rp3.1t		174.4%PE14.1x
ARCI Archi IndonesiaRp1.88k3.9%
+Rp1.7t		664.2%PE32.8x

Latest News

ANTM
Rp4,350.00
Aneka Tambang
7D
3.1%
1Y
174.4%
ARCI
Rp1,880.00
Archi Indonesia
7D
3.9%
1Y
664.2%
PSAB
Rp550.00
J Resources Asia Pasifik
7D
-2.7%
1Y
120.0%
EMAS
Rp8,325.00
Merdeka Gold Resources
7D
5.4%
1Y
n/a