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Indonesian (IDX) Gold Industry Analysis

UpdatedJun 15, 2026
DataAggregated Company Financials
Companies4
  • 7D-2.7%
  • 3M-25.2%
  • 1Y-0.9%
  • YTDn/a

Over the last 7 days, the Gold industry has dropped 2.7%, driven by a pullback from Merdeka Gold Resources of 5.7%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 34% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Jun 2026Rp208.2tRp102.8tRp15.4t8.1x13.5x2x
Thu, 14 May 2026Rp249.3tRp102.4tRp10.8t16.8x23.2x2.4x
Sat, 11 Apr 2026Rp261.1tRp98.0tRp9.0t22.3x29x2.7x
Mon, 09 Mar 2026Rp271.3tRp109.6tRp8.9t26.7x30.4x2.5x
Wed, 04 Feb 2026Rp246.0tRp109.5tRp8.9t26.2x27.6x2.2x
Fri, 02 Jan 2026Rp212.2tRp109.5tRp8.9t28.3x23.8x1.9x
Sun, 30 Nov 2025Rp169.6tRp109.4tRp8.9t21.6x19x1.5x
Tue, 28 Oct 2025Rp180.7tRp114.7tRp7.5t35.5x24.1x1.6x
Thu, 25 Sep 2025Rp177.9tRp114.8tRp7.6t32.4x23.3x1.5x
Sat, 23 Aug 2025Rp95.5tRp96.2tRp6.7t20.2x14.4x1x
Mon, 21 Jul 2025Rp101.7tRp95.9tRp6.3t39.7x16.3x1.1x
Wed, 18 Jun 2025Rp110.7tRp95.9tRp6.3t33.3x17.7x1.2x
Fri, 16 May 2025Rp77.3tRp95.9tRp6.1t20.6x12.7x0.8x
Sun, 13 Apr 2025Rp55.6tRp78.2tRp4.0t41x14.1x0.7x
Tue, 11 Mar 2025Rp48.8tRp62.2tRp2.6t34.2x19.1x0.8x
Thu, 06 Feb 2025Rp49.1tRp62.2tRp2.6t35.9x19.2x0.8x
Sat, 04 Jan 2025Rp49.2tRp62.1tRp2.6t33.3x19.3x0.8x
Mon, 02 Dec 2024Rp49.0tRp62.0tRp2.5t39.5x19.2x0.8x
Wed, 30 Oct 2024Rp54.8tRp50.8tRp3.1t28.6x17.8x1.1x
Fri, 27 Sep 2024Rp49.3tRp50.0tRp2.9t67.9x17x1x
Sun, 25 Aug 2024Rp48.1tRp50.1tRp2.9t53.6x16.6x1x
Tue, 23 Jul 2024Rp43.8tRp45.6tRp1.9t40.6x23.5x1x
Thu, 20 Jun 2024Rp39.0tRp45.6tRp1.9t32.6x20.9x0.9x
Sat, 18 May 2024Rp49.4tRp43.9tRp1.4t27.9x36.2x1.1x
Mon, 15 Apr 2024Rp53.7tRp46.8tRp2.8t25.7x19.2x1.1x
Wed, 13 Mar 2024Rp51.6tRp48.4tRp3.7t32.1x14x1.1x
Fri, 09 Feb 2024Rp46.4tRp48.5tRp3.7t31.1x12.6x1x
Sun, 07 Jan 2024Rp52.9tRp48.4tRp3.7t37.1x14.3x1.1x
Tue, 05 Dec 2023Rp54.1tRp48.4tRp3.7t35.5x14.6x1.1x
Thu, 02 Nov 2023Rp53.0tRp48.4tRp3.6t32.2x14.7x1.1x
Sat, 30 Sep 2023Rp54.3tRp53.7tRp3.7t40.6x14.6x1x
Mon, 28 Aug 2023Rp59.3tRp52.6tRp3.6t44.7x16.7x1.1x
Wed, 26 Jul 2023Rp58.9tRp52.1tRp3.6t36x16.3x1.1x
Fri, 23 Jun 2023Rp59.1tRp52.1tRp3.6t34.9x16.4x1.1x
Price to Earnings Ratio

16.4x


Total Market Cap: Rp59.1tTotal Earnings: Rp3.6tTotal Revenue: Rp52.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Gold Industry Price to Earnings3Y Average 19.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Gold 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 13.5x which is lower than its 3-year average PE of 19.5x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 62% per year over the last three years.
  • Revenues for these companies have grown 25% 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 Market7.32%
Materials9.16%
Metals and Mining4.56%
Gold-2.67%
Steel10.95%
Diversified Metals and Mining7.45%
Copper4.86%
Aluminum3.24%
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
ANTM Antam (Persero)Rp3.13k23.7%
+Rp14.4t		-4.6%PE8.9x
ARCI Archi IndonesiaRp1.14k20.6%
+Rp4.9t		111.1%PE13.4x

Latest News

ARCI
Rp1,140.00
Archi Indonesia
7D
20.6%
1Y
111.1%
ANTM
Rp3,130.00
Antam (Persero)
7D
23.7%
1Y
-4.6%
PSAB
Rp468.00
J Resources Asia Pasifik
7D
-13.3%
1Y
-10.0%
EMAS
Rp7,000.00
Merdeka Gold Resources
7D
-0.7%
1Y
n/a