Header cover image

Indonesian (IDX) Market Analysis & Valuation

UpdatedApr 26, 2025
DataAggregated Company Financials
Companies857
  • 7D4.0%
  • 3M-7.6%
  • 1Y-3.8%
  • YTD-8.0%

The market is up 4.0% in the last 7 days, led by the Materials and all sectors gaining ground. Over the past year the market is down 3.8%. As for the next few years, earnings are expected to grow by 22% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 26 Apr 2025Rp11251.7tRp5182.3tRp639.5t15x17.6x2.2x
Mon, 24 Mar 2025Rp10620.1tRp5149.9tRp634.6t13.9x16.7x2.1x
Wed, 19 Feb 2025Rp11579.2tRp5171.2tRp572.1t14.7x20.2x2.2x
Fri, 17 Jan 2025Rp12119.4tRp5164.8tRp575.5t15x21.1x2.3x
Sun, 15 Dec 2024Rp12349.8tRp5158.3tRp572.3t15x21.6x2.4x
Tue, 12 Nov 2024Rp12042.9tRp5046.1tRp544.2t14.7x22.1x2.4x
Thu, 10 Oct 2024Rp12442.4tRp4975.4tRp527.3t15.9x23.6x2.5x
Sat, 07 Sep 2024Rp12990.6tRp4959.0tRp505.8t16x25.7x2.6x
Mon, 05 Aug 2024Rp12277.7tRp5015.9tRp507.0t14.7x24.2x2.4x
Wed, 03 Jul 2024Rp12082.5tRp4982.6tRp500.6t14.1x24.1x2.4x
Fri, 31 May 2024Rp11851.3tRp5000.6tRp506.0t14.4x23.4x2.4x
Sun, 28 Apr 2024Rp11602.7tRp4964.1tRp525.6t14.9x22.1x2.3x
Tue, 26 Mar 2024Rp11665.0tRp4894.3tRp540.3t14.3x21.6x2.4x
Thu, 22 Feb 2024Rp11475.1tRp4919.9tRp597.8t14.6x19.2x2.3x
Sat, 20 Jan 2024Rp11287.8tRp4942.7tRp583.8t15.3x19.3x2.3x
Mon, 18 Dec 2023Rp11395.9tRp4936.6tRp585.1t14.8x19.5x2.3x
Wed, 15 Nov 2023Rp10679.2tRp4973.7tRp607.5t15x17.6x2.1x
Fri, 13 Oct 2023Rp10153.6tRp4989.1tRp608.8t15.9x16.7x2x
Sun, 10 Sep 2023Rp10105.7tRp4979.4tRp616.8t16.2x16.4x2x
Tue, 08 Aug 2023Rp9896.3tRp4984.2tRp625.1t16.3x15.8x2x
Thu, 06 Jul 2023Rp9389.5tRp4922.7tRp606.3t15.6x15.5x1.9x
Sat, 03 Jun 2023Rp9227.4tRp4887.1tRp603.1t15.7x15.3x1.9x
Mon, 01 May 2023Rp9685.7tRp4824.5tRp616.1t15.7x15.7x2x
Wed, 29 Mar 2023Rp9242.9tRp4741.8tRp623.4t14.1x14.8x1.9x
Fri, 24 Feb 2023Rp9303.0tRp4685.3tRp632.2t14.3x14.7x2x
Sun, 22 Jan 2023Rp9267.8tRp4629.0tRp621.4t14.1x14.9x2x
Tue, 20 Dec 2022Rp9122.8tRp4661.5tRp626.4t14.2x14.6x2x
Thu, 17 Nov 2022Rp9206.7tRp4563.7tRp604.9t14.9x15.2x2x
Sat, 15 Oct 2022Rp8924.3tRp4373.5tRp572.5t16x15.6x2x
Mon, 12 Sep 2022Rp9270.8tRp4314.4tRp558.4t16.7x16.6x2.1x
Wed, 10 Aug 2022Rp9115.9tRp4188.9tRp543.4t16x16.8x2.2x
Fri, 08 Jul 2022Rp8567.0tRp4076.9tRp525.8t15.5x16.3x2.1x
Sun, 05 Jun 2022Rp9197.4tRp3989.7tRp504.9t18.5x18.2x2.3x
Tue, 03 May 2022Rp9378.5tRp3894.8tRp471.6t19.4x19.9x2.4x
Price to Earnings Ratio

19.9x


Total Market Cap: Rp9378.5tTotal Earnings: Rp471.6tTotal Revenue: Rp3894.8tTotal 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 11% per year over the last three years.
  • Revenues for these companies have grown 10.0% 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 Market4.01%
Tech7.88%
Utilities7.17%
Materials5.91%
Consumer Staples5.69%
Healthcare3.74%
Real Estate3.23%
Financials3.15%
Industrials2.92%
Telecom2.34%
Consumer Discretionary2.32%
Energy1.29%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 79.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 8.4% which is higher than its past year's earnings decline of 3.7% per year.
  • The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 17.4x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 68% over the next 5 years.
  • This is better than its past earnings growth rate of 6.9% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 7.6% 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
BREN Barito Renewables EnergyRp6.00k7.1%
+Rp53.5t
-30.4%PE390.6xUtilities
DCII DCI IndonesiaRp166.95k9.9%
+Rp36.0t
359.0%PE499.7xTech
AMMN Amman Mineral InternasionalRp6.88k7.0%
+Rp32.6t
-27.4%PE46.5xMaterials
PANI Pantai Indah Kapuk DuaRp11.50k17.0%
+Rp28.3t
130.0%PE311.2xMaterials
BMRI Bank Mandiri (Persero)Rp4.90k6.5%
+Rp28.0t
-27.4%PB1.6xFinancials
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

The term ‘ Fiscal Dominance ’ has been popping up more in recent years, thanks to rising U.S. deficits. For the sake of your portfolio, this trend and its consequences are worth knowing about.

Latest News

AMMN

Rp6,875.00

Amman Mineral Internasional

7D

7.0%

1Y

-27.4%

UNVR

Rp1,750.00

Unilever Indonesia

7D

32.6%

1Y

-32.4%

BNGA

Rp1,735.00

Bank CIMB Niaga

7D

-4.4%

1Y

-3.6%

JPFA

Rp1,780.00

Japfa Comfeed Indonesia

7D

-11.4%

1Y

63.3%

BNLI

Rp2,080.00

Bank Permata

7D

-6.3%

1Y

123.7%

PANI

Rp11,500.00

Pantai Indah Kapuk Dua

7D

17.0%

1Y

130.0%

BMRI

Rp4,900.00

Bank Mandiri (Persero)

7D

6.5%

1Y

-27.4%

BBRI

Rp3,740.00

Bank Rakyat Indonesia (Persero)

7D

2.7%

1Y

-22.6%

PNBN

Rp1,615.00

Bank Pan Indonesia

7D

-5.3%

1Y

52.4%

DCII

Rp166,950.00

DCI Indonesia

7D

9.9%

1Y

359.0%

DSSA

Rp42,250.00

Dian Swastatika Sentosa

7D

-3.5%

1Y

238.0%

TPIA

Rp7,800.00

Chandra Asri Pacific

7D

3.3%

1Y

6.5%

MSIN

Rp470.00

MNC Digital Entertainment

7D

-11.3%

1Y

-19.0%

BREN

Rp6,000.00

Barito Renewables Energy

7D

7.1%

1Y

-30.4%

ITMG

Rp22,100.00

Indo Tambangraya Megah

7D

-10.9%

1Y

-9.8%

BYAN

Rp19,950.00

Bayan Resources

7D

-0.3%

1Y

5.7%