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Indonesian (IDX) IT Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies12
  • 7D-2.1%
  • 3M-18.6%
  • 1Y58.6%
  • YTD-11.8%

Over the last 7 days, the IT industry has dropped 2.1%, driven by pullbacks from every company within the industry. In the past year, the industry has gained 59%. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Mar 2026Rp598.8tRp30.1tRp2.5t70.4x241.3x19.9x
Fri, 30 Jan 2026Rp603.3tRp30.3tRp2.5t68.8x245.2x19.9x
Sun, 28 Dec 2025Rp691.5tRp30.3tRp2.5t66.3x281.1x22.8x
Tue, 25 Nov 2025Rp790.8tRp30.3tRp2.4t70.7x322.8x26.1x
Thu, 23 Oct 2025Rp855.0tRp29.6tRp2.4t61x351.2x28.9x
Sat, 20 Sep 2025Rp1034.6tRp29.6tRp2.4t57.2x425x35x
Mon, 18 Aug 2025Rp1017.6tRp29.6tRp2.4t58.6x418x34.4x
Wed, 16 Jul 2025Rp452.3tRp30.5tRp2.5t41.3x179.4x14.8x
Fri, 13 Jun 2025Rp452.6tRp30.5tRp2.5t43.5x179.6x14.8x
Sun, 11 May 2025Rp463.2tRp31.5tRp2.5t40.3x184.3x14.7x
Tue, 08 Apr 2025Rp498.4tRp32.5tRp2.1t41.6x232.3x15.3x
Thu, 06 Mar 2025Rp401.7tRp33.1tRp2.1t42.4x190.7x12.1x
Sat, 01 Feb 2025Rp164.5tRp32.7tRp2.1t29.2x78.1x5x
Mon, 30 Dec 2024Rp153.4tRp32.7tRp2.1t29.2x72.1x4.7x
Wed, 27 Nov 2024Rp170.0tRp33.2tRp2.1t29.4x81.7x5.1x
Fri, 25 Oct 2024Rp155.5tRp33.5tRp2.0t30.4x77.4x4.6x
Sun, 22 Sep 2024Rp157.7tRp33.1tRp2.0t23.9x80.7x4.8x
Tue, 20 Aug 2024Rp121.5tRp33.1tRp2.0t16.6x62.2x3.7x
Thu, 18 Jul 2024Rp114.5tRp34.3tRp1.8t13.2x63.4x3.3x
Sat, 15 Jun 2024Rp99.7tRp33.4tRp1.5t12.7x64.6x3x
Mon, 13 May 2024Rp97.4tRp34.6tRp1.5t12.9x63.4x2.8x
Wed, 10 Apr 2024Rp95.5tRp24.1tRp1.1t16.8x85.1x4x
Fri, 08 Mar 2024Rp94.2tRp23.3tRp1.2t19.5x80.7x4x
Sun, 04 Feb 2024Rp104.5tRp24.2tRp1.4t25.1x73.5x4.3x
Tue, 02 Jan 2024Rp125.0tRp24.3tRp1.4t28.8x88.7x5.2x
Thu, 30 Nov 2023Rp127.3tRp24.0tRp1.4t31x89.7x5.3x
Sat, 28 Oct 2023Rp97.7tRp20.6tRp991.0b33.4x98.6x4.7x
Mon, 25 Sep 2023Rp97.6tRp20.6tRp991.0b36.9x98.5x4.7x
Wed, 23 Aug 2023Rp98.4tRp28.9tRp1.0t36.8x97.7x3.4x
Fri, 21 Jul 2023Rp99.7tRp28.4tRp1.1t39.4x91.6x3.5x
Sun, 18 Jun 2023Rp102.4tRp28.4tRp1.1t34.4x94.1x3.6x
Tue, 16 May 2023Rp99.9tRp27.5tRp1.2t35.5x85x3.6x
Thu, 13 Apr 2023Rp105.5tRp17.8tRp1.0t46.3x103.3x5.9x
Sat, 11 Mar 2023Rp112.4tRp30.3tRp973.6b60.5x115.5x3.7x
Price to Earnings Ratio

115.5x


Total Market Cap: Rp112.4tTotal Earnings: Rp973.6bTotal Revenue: Rp30.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian IT Industry Price to Earnings3Y Average 149.2x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian IT industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 241x which is higher than its 3-year average PE of 149x.
  • The 3-year average PS ratio of 10.3x is lower than the industry's current PS ratio of 19.9x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 37% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Indonesian Tech industry?

ID Market-0.88%
Tech-2.08%
IT-2.13%
Internet Services and Infrastructure0.01%
Data Processing Services0%0
IT Consulting-14.04%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 295x.
    • Analysts are expecting annual earnings growth of 35.0%, which is lower than the prior year's growth of 97.5% per year.
  • Investors are most pessimistic about the IT Consulting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 51.1x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 35% over the next 5 years.
  • However this is lower than its past earnings growth rate of 98% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 9.9% 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
No data available

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