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Indonesian (IDX) Market Analysis & Valuation

UpdatedJun 10, 2025
DataAggregated Company Financials
Companies845
  • 7D1.3%
  • 3M8.3%
  • 1Y4.5%
  • YTD-1.6%

The market is up 1.3% over the last week, with the Materials sector leading the way, up 7.1%. As for the past 12 months, the market is up 4.5%. As for the next few years, earnings are expected to grow by 26% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Jun 2025Rp12103.0tRp5135.7tRp626.5t15.4x19.3x2.4x
Thu, 08 May 2025Rp11791.9tRp5169.2tRp633.6t15.4x18.6x2.3x
Sat, 05 Apr 2025Rp10930.7tRp5161.6tRp633.0t14.3x17.3x2.1x
Mon, 03 Mar 2025Rp10700.6tRp5218.8tRp579.1t14.2x18.5x2.1x
Wed, 29 Jan 2025Rp12213.6tRp5154.2tRp576.3t15.2x21.2x2.4x
Fri, 27 Dec 2024Rp12058.0tRp5176.2tRp573.2t14.4x21x2.3x
Sun, 24 Nov 2024Rp11865.0tRp5060.9tRp545.4t14.7x21.8x2.3x
Tue, 22 Oct 2024Rp12814.5tRp4965.4tRp526.4t16.3x24.3x2.6x
Thu, 19 Sep 2024Rp13174.8tRp4957.1tRp505.8t16x26x2.7x
Sat, 17 Aug 2024Rp12376.3tRp4972.6tRp503.7t15.1x24.6x2.5x
Mon, 15 Jul 2024Rp12331.1tRp4958.7tRp495.4t14.8x24.9x2.5x
Wed, 12 Jun 2024Rp11483.0tRp5002.8tRp501.9t14.4x22.9x2.3x
Fri, 10 May 2024Rp11773.9tRp4994.8tRp510.4t15x23.1x2.4x
Sun, 07 Apr 2024Rp11692.0tRp4896.7tRp522.4t15.1x22.4x2.4x
Tue, 05 Mar 2024Rp11508.3tRp4905.2tRp598.0t14.5x19.2x2.3x
Thu, 01 Feb 2024Rp11285.7tRp4956.5tRp586.6t14.9x19.2x2.3x
Sat, 30 Dec 2023Rp11541.3tRp4924.3tRp583.5t15x19.8x2.3x
Mon, 27 Nov 2023Rp10937.7tRp4963.2tRp602.3t15.1x18.2x2.2x
Wed, 25 Oct 2023Rp10324.9tRp5004.9tRp611.8t15.2x16.9x2.1x
Fri, 22 Sep 2023Rp10221.1tRp4971.9tRp616.7t16x16.6x2.1x
Sun, 20 Aug 2023Rp9938.1tRp4992.6tRp628.5t16.1x15.8x2x
Tue, 18 Jul 2023Rp9776.8tRp4965.2tRp625.6t16x15.6x2x
Thu, 15 Jun 2023Rp9404.2tRp4897.2tRp603.0t15.7x15.6x1.9x
Sat, 13 May 2023Rp9444.4tRp4869.0tRp618.2t16x15.3x1.9x
Mon, 10 Apr 2023Rp9357.7tRp4774.8tRp604.1t14.3x15.5x2x
Wed, 08 Mar 2023Rp9265.2tRp4727.4tRp638.5t14.3x14.5x2x
Fri, 03 Feb 2023Rp9293.8tRp4627.9tRp624.3t14.4x14.9x2x
Sun, 01 Jan 2023Rp9298.8tRp4657.3tRp626.0t14.3x14.9x2x
Tue, 29 Nov 2022Rp9284.6tRp4630.7tRp623.8t14.4x14.9x2x
Thu, 27 Oct 2022Rp9173.6tRp4401.0tRp578.3t15.8x15.9x2.1x
Sat, 24 Sep 2022Rp9286.3tRp4347.0tRp568.9t17x16.3x2.1x
Mon, 22 Aug 2022Rp9137.0tRp4212.6tRp536.5t15.7x17x2.2x
Wed, 20 Jul 2022Rp8581.6tRp4088.8tRp526.4t15.7x16.3x2.1x
Fri, 17 Jun 2022Rp8999.0tRp4043.5tRp518.4t16.9x17.4x2.2x
Price to Earnings Ratio

17.4x


Total Market Cap: Rp8999.0tTotal Earnings: Rp518.4tTotal Revenue: Rp4043.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Market Price to Earnings3Y Average 18.6x202320242025
Current Market PE
  • Investors are relatively neutral on the Indonesian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 18.6x.
Past Earnings Growth
  • The earnings for Indonesian listed companies have grown 6.5% per year over the last three years.
  • Revenues for these companies have grown 8.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Indonesian Market?

ID Market1.29%
Materials7.07%
Utilities2.16%
Real Estate1.88%
Tech1.21%
Energy0.58%
Healthcare0.31%
Telecom0.10%
Consumer Staples-0.028%
Consumer Discretionary-0.59%
Financials-1.12%
Industrials-1.82%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 83.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 9.0% which is higher than its past year's earnings decline of 4.9% per year.
  • The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 16.1x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 64% over the next 5 years.
  • This is better than its past earnings growth rate of 8.9% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 3.5% 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
AMMN Amman Mineral InternasionalRp7.90k14.5%
+Rp72.5t
-33.9%PE95.4xMaterials
TPIA Chandra Asri PacificRp9.58k4.9%
+Rp38.9t
12.0%PS26.3xMaterials
BRPT Barito PacificRp1.51k17.1%
+Rp20.6t
53.3%PE136.3xMaterials
BREN Barito Renewables EnergyRp6.35k2.4%
+Rp20.1t
-13.0%PE409.3xUtilities
MLPT Multipolar TechnologyRp30.33k43.9%
+Rp17.3t
2,306.7%PE154.7xTech
See more
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Market Insights

It’s time for an update on renewable energy stocks, as well as nuclear stocks, which have continued to gain momentum. Specifically, we are having a look at the state of the clean energy transition, what it means for the sector, and how to find opportunities.

Latest News

MIKA

Rp2,500.00

Mitra Keluarga Karyasehat

7D

-9.7%

1Y

-18.6%

BRIS

Rp2,570.00

Bank Syariah Indonesia

7D

-7.9%

1Y

20.7%

DNET

Rp9,700.00

Indoritel Makmur Internasional

7D

-2.8%

1Y

104.6%

BRPT

Rp1,510.00

Barito Pacific

7D

17.1%

1Y

53.3%

DSSA

Rp56,800.00

Dian Swastatika Sentosa

7D

1.8%

1Y

183.3%

BREN

Rp6,350.00

Barito Renewables Energy

7D

2.4%

1Y

-13.0%

TPIA

Rp9,575.00

Chandra Asri Pacific

7D

4.9%

1Y

12.0%

MBMA

Rp450.00

Merdeka Battery Materials

7D

24.3%

1Y

-25.6%

AMMN

Rp7,900.00

Amman Mineral Internasional

7D

14.5%

1Y

-33.9%

ASII

Rp4,610.00

Astra International

7D

-3.6%

1Y

2.2%

BBRI

Rp4,100.00

Bank Rakyat Indonesia (Persero)

7D

-2.4%

1Y

-5.5%

MLPT

Rp30,325.00

Multipolar Technology

7D

43.9%

1Y

2,306.7%

BRMS

Rp416.00

Bumi Resources Minerals

7D

7.8%

1Y

193.0%

NICL

Rp1,130.00

PAM Mineral

7D

-26.6%

1Y

497.9%

DCII

Rp151,400.00

DCI Indonesia

7D

-3.2%

1Y

329.5%

BBCA

Rp8,925.00

Bank Central Asia

7D

-1.4%

1Y

-4.0%