Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indonesian (IDX) Market Analysis & Valuation

UpdatedAug 28, 2025
DataAggregated Company Financials
Companies850
  • 7D0.6%
  • 3M13.5%
  • 1Y6.3%
  • YTD13.7%

The Utilities sector gained 3.0% while the market remained flat over the last week. Meanwhile, the market is actually up 5.8% over the past year. Looking forward, earnings are forecast to grow by 8.0% 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, 28 Aug 2025Rp13963.4tRp5232.3tRp640.3t15.6x21.8x2.7x
Sat, 26 Jul 2025Rp13121.5tRp5140.1tRp626.1t15.1x21x2.6x
Mon, 23 Jun 2025Rp11820.8tRp5141.3tRp628.0t14.9x18.8x2.3x
Wed, 21 May 2025Rp12045.1tRp5148.6tRp630.7t15.4x19.1x2.3x
Fri, 18 Apr 2025Rp10911.3tRp5204.2tRp638.4t14.1x17.1x2.1x
Sun, 16 Mar 2025Rp11037.8tRp5141.7tRp634.1t14.2x17.4x2.1x
Tue, 11 Feb 2025Rp11215.7tRp5179.9tRp576.5t14.4x19.5x2.2x
Thu, 09 Jan 2025Rp12143.0tRp5184.8tRp574.1t14.9x21.2x2.3x
Sat, 07 Dec 2024Rp12433.4tRp5146.7tRp570.7t14.7x21.8x2.4x
Mon, 04 Nov 2024Rp12387.0tRp5043.5tRp544.3t15.6x22.8x2.5x
Wed, 02 Oct 2024Rp12583.4tRp4941.3tRp525.2t16x24x2.5x
Fri, 30 Aug 2024Rp12859.7tRp4964.4tRp503.2t15.5x25.6x2.6x
Sun, 28 Jul 2024Rp12212.3tRp4987.0tRp501.4t15.1x24.4x2.4x
Tue, 25 Jun 2024Rp11644.3tRp5007.6tRp501.8t13.7x23.2x2.3x
Thu, 23 May 2024Rp12232.2tRp4983.5tRp504.2t14.5x24.3x2.5x
Sat, 20 Apr 2024Rp11658.9tRp4959.1tRp524.0t14.7x22.3x2.4x
Mon, 18 Mar 2024Rp11545.2tRp4933.1tRp597.5t14.4x19.3x2.3x
Wed, 14 Feb 2024Rp11224.5tRp4914.7tRp595.8t15x18.8x2.3x
Fri, 12 Jan 2024Rp11288.6tRp4938.3tRp583.3t15.2x19.4x2.3x
Sun, 10 Dec 2023Rp11330.8tRp4935.9tRp584.1t14.7x19.4x2.3x
Tue, 07 Nov 2023Rp10561.2tRp4961.9tRp608.6t15x17.4x2.1x
Thu, 05 Oct 2023Rp10208.1tRp4988.3tRp615.5t15.7x16.6x2x
Sat, 02 Sep 2023Rp10113.5tRp4965.5tRp617.1t16.2x16.4x2x
Mon, 31 Jul 2023Rp9887.6tRp4973.1tRp627.5t16.4x15.8x2x
Wed, 28 Jun 2023Rp9355.4tRp4901.8tRp604.8t15.8x15.5x1.9x
Fri, 26 May 2023Rp9425.9tRp4890.0tRp604.6t16.2x15.6x1.9x
Sun, 23 Apr 2023Rp9568.0tRp4820.1tRp615.7t15.2x15.5x2x
Tue, 21 Mar 2023Rp8819.8tRp4680.2tRp657.0t14.1x13.4x1.9x
Thu, 16 Feb 2023Rp9348.8tRp4680.9tRp629.1t14.3x14.9x2x
Sat, 14 Jan 2023Rp8990.3tRp4635.6tRp622.6t14.1x14.4x1.9x
Mon, 12 Dec 2022Rp9062.0tRp4657.0tRp631.1t13.9x14.4x1.9x
Wed, 09 Nov 2022Rp9235.3tRp4521.4tRp608.0t15.3x15.2x2x
Fri, 07 Oct 2022Rp9134.5tRp4359.9tRp570.0t16.5x16x2.1x
Sun, 04 Sep 2022Rp9173.6tRp4260.6tRp551.7t16x16.6x2.2x
Price to Earnings Ratio

16.6x


Total Market Cap: Rp9173.6tTotal Earnings: Rp551.7tTotal Revenue: Rp4260.6tTotal 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 5.0% per year over the last three years.
  • Revenues for these companies have grown 7.0% 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 Market0.64%
Utilities11.44%
Healthcare1.63%
Energy1.35%
Telecom1.29%
Industrials0.99%
Real Estate-0.032%
Consumer Discretionary-0.52%
Financials-0.73%
Consumer Staples-1.12%
Materials-1.76%
Tech-4.55%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 94.3x.
    • 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 11.5x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 36% 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
BREN Barito Renewables EnergyRp9.80k14.0%
+Rp160.5t		-3.9%PE615.6xUtilities
MLPT Multipolar TechnologyRp79.50k12.8%
+Rp16.9t		5,096.1%PE637.7xTech
DSSA Dian Swastatika SentosaRp95.00k2.9%
+Rp16.4t		129.2%PE124.8xEnergy
EMTK Elang Mahkota TeknologiRp1.29k18.9%
+Rp12.5t		222.5%PE14.2xTelecom
COIN Indokripto Koin SemestaRp2.38k55.6%
+Rp12.5t		n/aPE491.4xFinancials
See more

Market Insights

Header cover image
📊 Leveraged Upside and Downside With Bitcoin Treasury Companies
Michael Paige avatar
Michael Paige
|
|
Market sentiment on BTC treasury companies is moving, and with volatility rising, disagreements over their future prospects are as heated as ever.
Continue reading
₿ Bitcoin ETFs: Success Comes With Risks
Last Week

₿ Bitcoin ETFs: Success Comes With Risks

Latest News

TPIA
Rp8,625.00
Chandra Asri Pacific
7D
-3.1%
1Y
-8.7%
FILM
Rp2,960.00
PT.MD Entertainment
7D
-22.1%
1Y
-37.7%
PANI
Rp15,100.00
Pantai Indah Kapuk Dua
7D
-5.3%
1Y
115.7%
BRPT
Rp2,290.00
Barito Pacific
7D
-2.6%
1Y
92.4%
DSSA
Rp95,000.00
Dian Swastatika Sentosa
7D
2.9%
1Y
129.2%
BREN
Rp9,800.00
Barito Renewables Energy
7D
14.0%
1Y
-3.9%
MPRO
Rp4,010.00
Maha Properti Indonesia
7D
21.5%
1Y
201.5%
EMTK
Rp1,290.00
Elang Mahkota Teknologi
7D
18.9%
1Y
222.5%
SRAJ
Rp7,100.00
Sejahteraraya Anugrahjaya
7D
14.5%
1Y
194.6%
AMMN
Rp8,150.00
Amman Mineral Internasional
7D
-4.1%
1Y
-24.4%
IMPC
Rp995.00
Impack Pratama Industri
7D
20.6%
1Y
189.2%
BMRI
Rp4,800.00
Bank Mandiri (Persero)
7D
-3.0%
1Y
-33.6%
MLPT
Rp79,500.00
Multipolar Technology
7D
12.8%
1Y
5,096.1%
DCII
Rp321,750.00
DCI Indonesia
7D
-7.7%
1Y
703.9%
BBCA
Rp8,300.00
Bank Central Asia
7D
-2.6%
1Y
-19.8%