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Indonesian (IDX) Market Analysis & Valuation

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies844
  • 7D0.04%
  • 3M7.5%
  • 1Y22.7%
  • YTD21.2%

The Healthcare sector gained 12% while the market remained flat over the last week. More promisingly, the market is up 23% over the past year. Earnings are forecast to grow by 11% annually.

Trending IndustriesOil and GasSoftwareRenewable Energy

Market Valuation and Performance

Has the Indonesian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Nov 2025Rp14942.2tRp5337.9tRp614.9t17.8x24.3x2.8x
Mon, 13 Oct 2025Rp15105.9tRp5262.7tRp628.3t17.2x24x2.9x
Wed, 10 Sep 2025Rp13351.2tRp5246.4tRp631.7t15.7x21.1x2.5x
Fri, 08 Aug 2025Rp13072.4tRp5221.6tRp658.7t15x19.8x2.5x
Sun, 06 Jul 2025Rp11780.2tRp5125.3tRp624.3t14.9x18.9x2.3x
Tue, 03 Jun 2025Rp11977.5tRp5135.5tRp627.1t15.4x19.1x2.3x
Thu, 01 May 2025Rp11472.5tRp5145.0tRp636.3t15.6x18x2.2x
Sat, 29 Mar 2025Rp10923.3tRp5221.7tRp638.0t13.9x17.1x2.1x
Mon, 24 Feb 2025Rp11598.6tRp5176.8tRp574.5t14.6x20.2x2.2x
Wed, 22 Jan 2025Rp12242.2tRp5163.2tRp575.5t15x21.3x2.4x
Fri, 20 Dec 2024Rp11909.4tRp5184.7tRp574.5t14.2x20.7x2.3x
Sun, 17 Nov 2024Rp11877.8tRp5059.1tRp544.3t14.3x21.8x2.3x
Tue, 15 Oct 2024Rp12377.7tRp4972.6tRp526.9t16.1x23.5x2.5x
Thu, 12 Sep 2024Rp13163.3tRp4963.4tRp506.5t15.8x26x2.7x
Sat, 10 Aug 2024Rp12038.8tRp4990.9tRp506.5t14.7x23.8x2.4x
Mon, 08 Jul 2024Rp12289.9tRp4967.5tRp496.2t14.1x24.8x2.5x
Wed, 05 Jun 2024Rp11735.7tRp4997.5tRp504.3t14.3x23.3x2.3x
Fri, 03 May 2024Rp11853.5tRp4976.1tRp512.7t15x23.1x2.4x
Sun, 31 Mar 2024Rp11561.8tRp4927.2tRp532.7t14.3x21.7x2.3x
Tue, 27 Feb 2024Rp11410.4tRp4911.7tRp594.2t14.6x19.2x2.3x
Thu, 25 Jan 2024Rp11355.7tRp4950.5tRp585.0t14.9x19.4x2.3x
Sat, 23 Dec 2023Rp11460.7tRp4926.8tRp583.7t14.7x19.6x2.3x
Mon, 20 Nov 2023Rp10919.4tRp4940.2tRp599.1t15x18.2x2.2x
Wed, 18 Oct 2023Rp10247.1tRp4989.7tRp608.9t15.7x16.8x2.1x
Fri, 15 Sep 2023Rp10129.4tRp4970.5tRp616.4t16.4x16.4x2x
Sun, 13 Aug 2023Rp9933.6tRp4992.9tRp624.8t16.4x15.9x2x
Tue, 11 Jul 2023Rp9594.5tRp4979.8tRp625.2t15.7x15.3x1.9x
Thu, 08 Jun 2023Rp9229.8tRp4890.9tRp604.6t15.7x15.3x1.9x
Sat, 06 May 2023Rp9571.9tRp4848.8tRp612.5t16.2x15.6x2x
Mon, 03 Apr 2023Rp9366.3tRp4822.5tRp621.4t14.2x15.1x1.9x
Wed, 01 Mar 2023Rp9322.3tRp4698.5tRp633.6t14.3x14.7x2x
Fri, 27 Jan 2023Rp9264.1tRp4623.1tRp620.0t14.4x14.9x2x
Sun, 25 Dec 2022Rp9212.6tRp4662.4tRp627.0t14.1x14.7x2x
Tue, 22 Nov 2022Rp9287.4tRp4581.2tRp614.2t14.8x15.1x2x
Price to Earnings Ratio

15.1x


Total Market Cap: Rp9287.4tTotal Earnings: Rp614.2tTotal Revenue: Rp4581.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Market Price to Earnings3Y Average 19.3x202320242025
Current Market PE
  • Investors are optimistic on the Indonesian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 24.3x which is higher than its 3-year average PE of 19.3x.
Past Earnings Growth
  • The earnings for Indonesian listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 5.2% 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 and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Indonesian Market?

ID Market0.044%
Healthcare11.71%
Telecom7.75%
Real Estate4.87%
Industrials0.90%
Tech0.15%
Consumer Staples-0.50%
Materials-0.64%
Consumer Discretionary-0.73%
Energy-1.54%
Financials-1.63%
Utilities-2.79%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 110x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 9.9%, which is higher than its past year's earnings growth of 7.0% per year.
  • The Industrials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 10.5x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Industrials sector is expected to see its earnings grow by 5.8% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
MORA Mora Telematika IndonesiaRp6.08k156.3%
+Rp87.6t		1,635.7%PE515.2xTelecom
SRAJ Sejahteraraya AnugrahjayaRp15.90k35.9%
+Rp50.4t		354.3%PS57.8xHealthcare
BUMI Bumi ResourcesRp220.0056.0%
+Rp29.3t		47.7%PS3.3xEnergy
MPRO Maha Properti IndonesiaRp9.18k31.1%
+Rp21.6t		358.8%PS20815.7xReal Estate
BRPT Barito PacificRp3.78k5.3%
+Rp17.8t		342.1%PE34.6xMaterials
See more

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Latest News

TLKM
Rp3,550.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
2.3%
1Y
39.8%

TLKM: Upcoming Shareholder Meetings And Improved Margins Will Shape Outlook

Analysts have raised their price target for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia by approximately Rp41 to Rp3,558, citing improved forecasts for revenue growth and profit margin in their updated assessment. What's in the News Special/Extraordinary Shareholders Meeting scheduled for December 12, 2025 (Key Developments) Special/Extraordinary Shareholders Meeting will be held on September 16, 2025, in Jakarta, Indonesia.
AMMN
Rp6,600.00
Amman Mineral Internasional
7D
-6.0%
1Y
-28.1%
CDIA
Rp1,810.00
Chandra Daya Investasi
7D
-5.5%
1Y
n/a
NCKL
Rp1,030.00
Trimegah Bangun Persada
7D
-8.4%
1Y
19.8%
BRPT
Rp3,780.00
Barito Pacific
7D
5.3%
1Y
342.1%
BUMI
Rp220.00
Bumi Resources
7D
56.0%
1Y
47.7%
CUAN
Rp2,150.00
Petrindo Jaya Kreasi
7D
-6.1%
1Y
213.9%
SRAJ
Rp15,900.00
Sejahteraraya Anugrahjaya
7D
35.9%
1Y
354.3%
BREN
Rp9,750.00
Barito Renewables Energy
7D
-2.3%
1Y
41.3%
MORA
Rp6,075.00
Mora Telematika Indonesia
7D
156.3%
1Y
1,635.7%
BBRI
Rp3,900.00
Bank Rakyat Indonesia (Persero)
7D
-2.0%
1Y
-12.8%
DSSA
Rp91,200.00
Dian Swastatika Sentosa
7D
-8.8%
1Y
143.7%
PTRO
Rp9,025.00
Petrosea
7D
5.6%
1Y
389.2%
UANG
Rp6,025.00
Pakuan
7D
177.6%
1Y
n/a
BBCA
Rp8,425.00
Bank Central Asia
7D
-2.9%
1Y
-17.2%
MPRO
Rp9,175.00
Maha Properti Indonesia
7D
31.1%
1Y
358.8%