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Indonesian (IDX) Real Estate Sector Analysis

UpdatedMar 11, 2026
DataAggregated Company Financials
Companies84
  • 7D-6.7%
  • 3M-29.6%
  • 1Y15.0%
  • YTD-26.9%

Over the last 7 days, the Real Estate industry has dropped 6.7%, driven by declines in Pantai Indah Kapuk Dua and Jaya Sukses Makmur Sentosa of 7.1% and 20%, respectively. On the other hand Rockfields Properti Indonesia is actually up 11%. This takes the industry's 12 month performance to a gain of 15%. Looking forward, earnings are forecast to grow by 9.7% annually.

Sector Valuation and Performance

Has the Indonesian Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 12 Mar 2026Rp528.6tRp105.8tRp17.6t20.5x30x5x
Sat, 07 Feb 2026Rp613.4tRp104.5tRp18.3t24.2x33.6x5.9x
Mon, 05 Jan 2026Rp738.8tRp104.5tRp18.3t23.4x40.5x7.1x
Wed, 03 Dec 2025Rp769.2tRp104.5tRp18.4t23.3x41.9x7.4x
Fri, 31 Oct 2025Rp707.5tRp102.3tRp16.0t21.6x44.1x6.9x
Sun, 28 Sep 2025Rp589.9tRp101.9tRp16.1t19.7x36.5x5.8x
Tue, 26 Aug 2025Rp601.4tRp102.6tRp15.8t18.3x38x5.9x
Thu, 24 Jul 2025Rp285.0tRp101.6tRp35.8t14.8x8x2.8x
Sat, 21 Jun 2025Rp266.5tRp101.4tRp35.8t14.3x7.4x2.6x
Mon, 19 May 2025Rp271.8tRp105.7tRp36.8t13.7x7.4x2.6x
Wed, 16 Apr 2025Rp254.0tRp105.3tRp36.4t12.8x7x2.4x
Fri, 14 Mar 2025Rp269.5tRp102.8tRp32.9t13.8x8.2x2.6x
Sun, 09 Feb 2025Rp278.1tRp103.1tRp32.9t13x8.4x2.7x
Tue, 07 Jan 2025Rp241.2tRp102.0tRp30.2t13.1x8x2.4x
Thu, 05 Dec 2024Rp248.5tRp102.0tRp30.1t12.4x8.3x2.4x
Sat, 02 Nov 2024Rp266.1tRp100.9tRp30.7t13x8.7x2.6x
Mon, 30 Sep 2024Rp264.6tRp104.5tRp33.5t13.1x7.9x2.5x
Wed, 28 Aug 2024Rp258.6tRp102.9tRp13.1t13.5x19.7x2.5x
Fri, 26 Jul 2024Rp229.6tRp99.1tRp10.4t15x22.1x2.3x
Sun, 23 Jun 2024Rp210.1tRp98.7tRp10.3t14.9x20.5x2.1x
Tue, 21 May 2024Rp225.6tRp98.6tRp10.5t17.1x21.6x2.3x
Thu, 18 Apr 2024Rp224.3tRp95.4tRp12.8t17.9x17.5x2.4x
Sat, 16 Mar 2024Rp235.8tRp95.3tRp17.0t13.2x13.9x2.5x
Mon, 12 Feb 2024Rp243.9tRp94.7tRp16.8t14x14.5x2.6x
Wed, 10 Jan 2024Rp250.6tRp94.7tRp16.7t14.8x15x2.6x
Fri, 08 Dec 2023Rp246.7tRp94.8tRp16.7t14.3x14.7x2.6x
Sun, 05 Nov 2023Rp248.9tRp95.3tRp16.2t15.3x15.4x2.6x
Tue, 03 Oct 2023Rp259.6tRp97.8tRp16.8t15.1x15.4x2.7x
Thu, 31 Aug 2023Rp277.2tRp98.1tRp17.3t14.9x16x2.8x
Sat, 29 Jul 2023Rp269.4tRp94.9tRp16.2t16.9x16.7x2.8x
Mon, 26 Jun 2023Rp246.2tRp94.9tRp16.3t13.2x15.1x2.6x
Wed, 24 May 2023Rp238.3tRp94.9tRp15.7t15.6x15.1x2.5x
Fri, 21 Apr 2023Rp227.0tRp92.1tRp12.6t17.8x18x2.5x
Sun, 19 Mar 2023Rp5.7tRp1.3tRp204.3b37x27.9x4.3x
Price to Earnings Ratio

27.9x


Total Market Cap: Rp5.7tTotal Earnings: Rp204.3bTotal Revenue: Rp1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Real Estate Sector Price to Earnings3Y Average 18.3x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 30.0x which is higher than its 3-year average PE of 18.3x.
  • The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 10% per year over the last three years.
  • Revenues for these companies have grown 4.7% 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 Real Estate sector?

ID Market-6.19%
Real Estate-6.70%
REITS0%0
Real Estate-6.70%
Industry PE
  • Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 18.2x.
    • Analysts are expecting annual earnings growth of 9.7%, which is higher than its past year's earnings decline of 0.8% per year.
  • Investors are most pessimistic about the Real Estate industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 18.2x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 9.7% over the next 5 years.
  • This is better than its past earnings decline of 0.8% per year.
  • In contrast, the Real Estate 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
PANI Pantai Indah Kapuk DuaRp8.05k-4.7%
Rp3.0t		-26.3%PE127.1x
PPRO Pembangunan Perumahan PropertiRp40.0029.0%
+Rp555.1b		n/aPS6.1x
ROCK Rockfields Properti IndonesiaRp1.99k20.2%
+Rp480.8b		437.8%PE283.3x
JRPT Jaya Real PropertyRp1.11k1.8%
+Rp256.8b		48.0%PE10.9x
UANG PakuanRp4.31k4.6%
+Rp229.9b		977.5%PE67.8x

Latest News

RDTX
Rp16,900.00
Roda Vivatex
7D
4.6%
1Y
34.7%
LPKR
Rp88.00
Lippo Karawaci
7D
-4.3%
1Y
3.5%
UANG
Rp4,310.00
Pakuan
7D
4.6%
1Y
977.5%
CTRA
Rp690.00
Ciputra Development
7D
-4.2%
1Y
-18.3%
BSDE
Rp760.00
Bumi Serpong Damai
7D
1.3%
1Y
-7.3%
GMTD
Rp1,575.00
Gowa Makassar Tourism Development
7D
9.8%
1Y
-43.5%
CBDK
Rp4,910.00
Bangun Kosambi Sukses
7D
-4.7%
1Y
-24.8%
PANI
Rp8,050.00
Pantai Indah Kapuk Dua
7D
-4.7%
1Y
-26.3%
MMLP
Rp316.00
Mega Manunggal Property
7D
-16.4%
1Y
-34.4%
JRPT
Rp1,110.00
Jaya Real Property
7D
1.8%
1Y
48.0%
PPRO
Rp40.00
Pembangunan Perumahan Properti
7D
29.0%
1Y
n/a
RISE
Rp2,250.00
Jaya Sukses Makmur Sentosa
7D
-16.7%
1Y
236.4%
KPIG
Rp102.00
MNC Tourism Indonesia
7D
-6.4%
1Y
-14.3%
ROCK
Rp1,990.00
Rockfields Properti Indonesia
7D
20.2%
1Y
437.8%
NIRO
Rp181.00
City Retail Developments
7D
-7.7%
1Y
46.0%
TRIN
Rp625.00
Perintis Triniti Properti
7D
-26.0%
1Y
701.3%