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Indonesian (IDX) Market Analysis & Valuation

UpdatedMay 02, 2025
DataAggregated Company Financials
Companies848
  • 7D2.3%
  • 3M-5.2%
  • 1Y-4.5%
  • YTD-6.8%

Over the last 7 days, the market has risen 2.3%, driven by gains of 3.0% in the Financials sector. Over the past year the market is down 4.5%. Earnings are forecast to grow by 23% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 02 May 2025Rp11476.9tRp5148.7tRp635.5t15.5x18.1x2.2x
Sun, 30 Mar 2025Rp10923.3tRp5212.7tRp638.9t14.2x17.1x2.1x
Tue, 25 Feb 2025Rp11473.0tRp5175.1tRp574.3t14.8x20x2.2x
Thu, 23 Jan 2025Rp12368.2tRp5169.1tRp576.3t15.2x21.5x2.4x
Sat, 21 Dec 2024Rp11956.6tRp5176.7tRp573.3t14.3x20.9x2.3x
Mon, 18 Nov 2024Rp11877.8tRp5059.1tRp544.3t14.3x21.8x2.3x
Wed, 16 Oct 2024Rp12454.8tRp4972.8tRp527.0t16.2x23.6x2.5x
Fri, 13 Sep 2024Rp13229.6tRp4965.3tRp506.7t15.8x26.1x2.7x
Sun, 11 Aug 2024Rp12167.0tRp4990.7tRp506.4t14.7x24x2.4x
Tue, 09 Jul 2024Rp12290.3tRp4965.9tRp496.0t14.4x24.8x2.5x
Thu, 06 Jun 2024Rp11886.1tRp4999.2tRp501.7t14.2x23.7x2.4x
Sat, 04 May 2024Rp11852.2tRp4968.6tRp511.9t15.3x23.2x2.4x
Mon, 01 Apr 2024Rp11561.8tRp4909.8tRp528.2t14.4x21.9x2.4x
Wed, 28 Feb 2024Rp11417.2tRp4912.3tRp593.9t14.5x19.2x2.3x
Fri, 26 Jan 2024Rp11290.3tRp4959.3tRp586.2t14.9x19.3x2.3x
Sun, 24 Dec 2023Rp11507.8tRp4930.5tRp584.3t14.7x19.7x2.3x
Tue, 21 Nov 2023Rp10958.4tRp4942.5tRp599.4t15x18.3x2.2x
Thu, 19 Oct 2023Rp10357.4tRp4994.4tRp609.6t15.4x17x2.1x
Sat, 16 Sep 2023Rp10129.4tRp4970.5tRp616.4t16.4x16.4x2x
Mon, 14 Aug 2023Rp9933.6tRp4992.8tRp624.8t16.4x15.9x2x
Wed, 12 Jul 2023Rp9595.0tRp4977.7tRp624.8t15.8x15.4x1.9x
Fri, 09 Jun 2023Rp9232.1tRp4895.1tRp604.9t15.9x15.3x1.9x
Sun, 07 May 2023Rp9501.8tRp4848.9tRp612.8t16.1x15.5x2x
Tue, 04 Apr 2023Rp9139.3tRp4822.6tRp621.4t14.2x14.7x1.9x
Thu, 02 Mar 2023Rp9310.3tRp4706.6tRp635.9t14.4x14.6x2x
Sat, 28 Jan 2023Rp9309.8tRp4624.5tRp620.3t14.3x15x2x
Mon, 26 Dec 2022Rp9212.6tRp4662.4tRp627.0t14.1x14.7x2x
Wed, 23 Nov 2022Rp9273.2tRp4589.7tRp615.7t14.7x15.1x2x
Fri, 21 Oct 2022Rp9077.6tRp4382.3tRp574.0t16x15.8x2.1x
Sun, 18 Sep 2022Rp9242.8tRp4342.7tRp568.3t16.8x16.3x2.1x
Tue, 16 Aug 2022Rp9102.0tRp4190.4tRp535.1t15.9x17x2.2x
Thu, 14 Jul 2022Rp8573.4tRp4082.8tRp525.5t15.7x16.3x2.1x
Sat, 11 Jun 2022Rp9174.8tRp4025.5tRp516.0t17.1x17.8x2.3x
Mon, 09 May 2022Rp9394.5tRp3921.9tRp489.4t19.6x19.2x2.4x
Price to Earnings Ratio

19.2x


Total Market Cap: Rp9394.5tTotal Earnings: Rp489.4tTotal Revenue: Rp3921.9tTotal 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 9.1% per year over the last three years.
  • Revenues for these companies have grown 9.5% 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 Market2.29%
Healthcare6.02%
Consumer Staples4.36%
Consumer Discretionary4.11%
Financials3.03%
Real Estate2.87%
Materials2.69%
Telecom1.16%
Energy0.98%
Industrials0.85%
Utilities0.17%
Tech-0.48%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 79.9x.
    • 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 17.2x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 69% over the next 5 years.
  • This is better than its past earnings growth rate of 4.6% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 8.7% 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
BBCA Bank Central AsiaRp8.83k4.1%
+Rp43.1t
-7.6%PB4.4xFinancials
AMMN Amman Mineral InternasionalRp7.13k4.4%
+Rp21.8t
-27.1%PE48.9xMaterials
BBRI Bank Rakyat Indonesia (Persero)Rp3.85k3.2%
+Rp18.1t
-19.1%PB1.9xFinancials
TPIA Chandra Asri PacificRp7.88k2.3%
+Rp15.1t
0.6%PS23xMaterials
DSSA Dian Swastatika SentosaRp45.50k5.6%
+Rp14.9t
269.9%PE54.9xEnergy
See more
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Market Insights

The level of uncertainty has been off the charts lately. That’s why we’ve been talking about defensive strategies over the last few weeks. Playing defense is one way to take on an uncertain future...

Latest News

AMMN

Rp7,125.00

Amman Mineral Internasional

7D

4.4%

1Y

-27.1%

CPIN

Rp4,730.00

Charoen Pokphand Indonesia

7D

10.5%

1Y

-2.7%

BRPT

Rp745.00

Barito Pacific

7D

-2.6%

1Y

-25.5%

MFIN

Rp3,420.00

Mandala Multifinance

7D

73.6%

1Y

284.1%

PGAS

Rp1,685.00

Perusahaan Gas Negara

7D

-4.8%

1Y

15.4%

UNVR

Rp1,715.00

Unilever Indonesia

7D

14.7%

1Y

-35.0%

AADI

Rp6,725.00

Adaro Andalan Indonesia

7D

-4.6%

1Y

n/a

ISAT

Rp1,750.00

Indosat Ooredoo Hutchison

7D

-5.7%

1Y

-35.8%

PANI

Rp11,350.00

Pantai Indah Kapuk Dua

7D

-1.1%

1Y

140.0%

BBRI

Rp3,850.00

Bank Rakyat Indonesia (Persero)

7D

3.2%

1Y

-19.1%

DCII

Rp165,150.00

DCI Indonesia

7D

-1.0%

1Y

358.8%

BBCA

Rp8,825.00

Bank Central Asia

7D

4.1%

1Y

-7.6%

DSSA

Rp45,500.00

Dian Swastatika Sentosa

7D

5.6%

1Y

269.9%

TPIA

Rp7,875.00

Chandra Asri Pacific

7D

2.3%

1Y

0.6%

MYOR

Rp2,280.00

Mayora Indah

7D

-4.6%

1Y

-5.0%

BYAN

Rp19,775.00

Bayan Resources

7D

-0.6%

1Y

4.1%