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Indonesian (IDX) Market Analysis & Valuation

UpdatedJul 26, 2025
DataAggregated Company Financials
Companies848
  • 7D3.3%
  • 3M14.7%
  • 1Y5.1%
  • YTD6.6%

The market has climbed 3.3% in the last 7 days, lead by the Information Technology sector with a gain of 35%. As for the past 12 months, the market is up 5.1%. Earnings are forecast to grow by 20% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Tue, 02 Aug 2022Rp8971.5tRp4159.1tRp550.1t15.9x16.3x2.2x
Price to Earnings Ratio

16.3x


Total Market Cap: Rp8971.5tTotal Earnings: Rp550.1tTotal Revenue: Rp4159.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Market Price to Earnings3Y Average 18.7x202320242025
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 21.0x which is higher than its 3-year average PE of 18.7x.
Past Earnings Growth
  • The earnings for Indonesian listed companies have grown 4.4% 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 Market3.29%
Tech35.25%
Materials2.46%
Utilities2.21%
Industrials2.17%
Financials1.86%
Real Estate1.25%
Telecom1.07%
Consumer Staples1.04%
Consumer Discretionary-0.02%
Energy-0.22%
Healthcare-1.01%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 87.6x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 8.9% 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 15.3x.
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 6.8% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 4.0% 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
DCII DCI IndonesiaRp346.73k41.5%
+Rp242.5t
731.5%PE770.5xTech
CDIA Chandra Daya InvestasiRp1.67k70.8%
+Rp86.1t
n/aPE415.2xUtilities
SMMA Sinar Mas MultiarthaRp22.70k43.9%
+Rp44.1t
55.5%PE124.3xFinancials
PANI Pantai Indah Kapuk DuaRp16.00k13.1%
+Rp31.2t
201.9%PE490.2xMaterials
BRPT Barito PacificRp2.48k9.7%
+Rp20.6t
132.9%PE223.1xMaterials
See more

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