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Indonesian (IDX) Market Analysis & Valuation

UpdatedAug 21, 2025
DataAggregated Company Financials
Companies851
  • 7D0.5%
  • 3M12.8%
  • 1Y7.9%
  • YTD12.9%

The Information Technology sector gained 12% while the market remained flat over the last week. Meanwhile, the market is actually up 7.9% over the past year. Looking forward, earnings are forecast to grow by 8.7% annually.

Trending IndustriesOil and GasSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Aug 2025Rp13871.1tRp5220.8tRp639.0t15.7x21.7x2.7x
Sat, 19 Jul 2025Rp12647.4tRp5138.3tRp625.5t15.1x20.2x2.5x
Mon, 16 Jun 2025Rp12220.2tRp5136.3tRp627.0t15.4x19.5x2.4x
Wed, 14 May 2025Rp11612.4tRp5172.6tRp634.3t15.2x18.3x2.2x
Fri, 11 Apr 2025Rp10460.0tRp5197.1tRp633.9t13.8x16.5x2x
Sun, 09 Mar 2025Rp11272.1tRp5133.4tRp551.4t14.3x20.4x2.2x
Tue, 04 Feb 2025Rp11907.8tRp5174.7tRp578.8t14.8x20.6x2.3x
Thu, 02 Jan 2025Rp12098.8tRp5169.6tRp572.5t14.6x21.1x2.3x
Sat, 30 Nov 2024Rp11818.1tRp5065.7tRp550.3t14.3x21.5x2.3x
Mon, 28 Oct 2024Rp12680.3tRp4974.8tRp529.7t16x23.9x2.5x
Wed, 25 Sep 2024Rp12789.1tRp4947.6tRp524.5t16x24.4x2.6x
Fri, 23 Aug 2024Rp12538.1tRp4974.1tRp502.5t15x25x2.5x
Sun, 21 Jul 2024Rp12165.4tRp4962.8tRp494.4t15.1x24.6x2.5x
Tue, 18 Jun 2024Rp11357.6tRp5010.0tRp502.0t14.1x22.6x2.3x
Thu, 16 May 2024Rp11784.8tRp4986.7tRp508.1t14.5x23.2x2.4x
Sat, 13 Apr 2024Rp11692.1tRp4932.7tRp520.1t15.3x22.5x2.4x
Mon, 11 Mar 2024Rp11674.3tRp4890.8tRp591.2t14.4x19.7x2.4x
Wed, 07 Feb 2024Rp11393.7tRp4928.4tRp598.2t14.9x19x2.3x
Fri, 05 Jan 2024Rp11672.3tRp4931.8tRp582.2t15.3x20x2.4x
Sun, 03 Dec 2023Rp10939.5tRp4921.7tRp586.2t15.1x18.7x2.2x
Tue, 31 Oct 2023Rp10411.6tRp5003.4tRp614.6t15.2x16.9x2.1x
Thu, 28 Sep 2023Rp10159.8tRp4985.9tRp619.0t15.9x16.4x2x
Sat, 26 Aug 2023Rp10032.0tRp4979.2tRp620.2t15.9x16.2x2x
Mon, 24 Jul 2023Rp9811.0tRp4967.0tRp625.7t16.5x15.7x2x
Wed, 21 Jun 2023Rp9330.5tRp4908.0tRp604.5t15.6x15.4x1.9x
Fri, 19 May 2023Rp9334.0tRp4887.5tRp604.5t16.1x15.4x1.9x
Sun, 16 Apr 2023Rp9459.0tRp4777.2tRp608.2t15.1x15.6x2x
Tue, 14 Mar 2023Rp9246.6tRp4757.2tRp638.7t14.3x14.5x1.9x
Thu, 09 Feb 2023Rp9374.3tRp4667.3tRp630.4t14.4x14.9x2x
Sat, 07 Jan 2023Rp9060.6tRp4660.6tRp626.8t14.1x14.5x1.9x
Mon, 05 Dec 2022Rp9339.8tRp4627.4tRp627.4t14.7x14.9x2x
Wed, 02 Nov 2022Rp9180.7tRp4460.2tRp601.8t15.7x15.3x2.1x
Fri, 30 Sep 2022Rp9075.4tRp4362.9tRp570.5t16.4x15.9x2.1x
Sun, 28 Aug 2022Rp9105.5tRp4227.2tRp541.2t15.8x16.8x2.2x
Price to Earnings Ratio

16.8x


Total Market Cap: Rp9105.5tTotal Earnings: Rp541.2tTotal Revenue: Rp4227.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Market Price to Earnings3Y Average 18.8x202320242025
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 21.7x which is higher than its 3-year average PE of 18.8x.
Past Earnings Growth
  • The earnings for Indonesian listed companies have grown 5.7% per year over the last three years.
  • Revenues for these companies have grown 7.3% 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 Market0.47%
Tech12.12%
Industrials3.74%
Healthcare3.64%
Consumer Staples1.93%
Energy1.07%
Real Estate0.78%
Consumer Discretionary0.019%
Financials-0.26%
Telecom-0.39%
Materials-0.52%
Utilities-5.92%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 92.8x.
    • Analysts are expecting annual earnings growth of 8.9%, which is lower than the prior year's growth of 10.3% per year.
  • The Industrials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 11.6x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 45% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Materials industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
DCII DCI IndonesiaRp348.55k13.9%
+Rp101.2t		732.9%PE745.9xTech
DSSA Dian Swastatika SentosaRp92.35k4.4%
+Rp23.8t		124.7%PE122.5xEnergy
ASII Astra InternationalRp5.53k6.8%
+Rp14.2t		8.9%PE6.6xIndustrials
LIFE MSIG Life Insurance IndonesiaRp14.25k72.7%
+Rp12.6t		145.7%PE92.7xFinancials
BBRI Bank Rakyat Indonesia (Persero)Rp4.15k1.7%
+Rp10.5t		-18.6%PB2xFinancials
See more

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TLKM
Rp3,220.00
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
7D
-4.2%
1Y
8.4%
BBRI
Rp4,150.00
Bank Rakyat Indonesia (Persero)
7D
1.7%
1Y
-18.6%
TPIA
Rp8,900.00
Chandra Asri Pacific
7D
-2.5%
1Y
-5.8%
CDIA
Rp1,505.00
Chandra Daya Investasi
7D
-10.1%
1Y
n/a
LIFE
Rp14,250.00
MSIG Life Insurance Indonesia
7D
72.7%
1Y
145.7%
PGEO
Rp1,415.00
Pertamina Geothermal Energy
7D
-7.2%
1Y
17.9%
DSSA
Rp92,350.00
Dian Swastatika Sentosa
7D
4.4%
1Y
124.7%
BREN
Rp8,600.00
Barito Renewables Energy
7D
-5.5%
1Y
-9.7%
SMMA
Rp15,900.00
Sinar Mas Multiartha
7D
-6.1%
1Y
8.9%
SRAJ
Rp6,200.00
Sejahteraraya Anugrahjaya
7D
12.7%
1Y
160.5%
AMMN
Rp8,500.00
Amman Mineral Internasional
7D
-0.9%
1Y
-18.1%
ASII
Rp5,525.00
Astra International
7D
6.8%
1Y
8.9%
BMRI
Rp4,950.00
Bank Mandiri (Persero)
7D
1.6%
1Y
-31.7%
MLPT
Rp70,500.00
Multipolar Technology
7D
5.6%
1Y
3,905.7%
DCII
Rp348,550.00
DCI Indonesia
7D
13.9%
1Y
732.9%
BBCA
Rp8,525.00
Bank Central Asia
7D
-4.5%
1Y
-18.2%