Header cover image

Indonesian (IDX) General Insurance Industry Analysis

UpdatedMay 18, 2024
DataAggregated Company Financials
Companies5
  • 7D3.4%
  • 3M6.6%
  • 1Y16.2%
  • YTDn/a

Over the last 7 days, the General Insurance industry has dropped 2.7%, driven by a pullback from Sinar Mas Multiartha of 2.6%. Meanwhile, Malacca Trust Wuwungan Insurance actually outperformed within the industry, gaining 17% in the last week. This takes the industry's 12 month performance to a gain of 9.4%.

Industry Valuation and Performance

Has the Indonesian General Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 May 2024Rp93.2tRp28.5tRp1.1t17.3x83.9x3.3x
Tue, 16 Apr 2024Rp95.7tRp29.3tRp1.3t17.4x73.3x3.3x
Thu, 14 Mar 2024Rp95.8tRp28.7tRp1.4t18.1x68.6x3.3x
Sat, 10 Feb 2024Rp97.3tRp28.7tRp1.4t18.1x69.8x3.4x
Mon, 08 Jan 2024Rp95.3tRp30.3tRp1.2t18.3x77.2x3.2x
Wed, 06 Dec 2023Rp95.4tRp30.4tRp1.2t19.3x76.9x3.1x
Fri, 03 Nov 2023Rp95.6tRp30.3tRp1.2t46.3x76.8x3.2x
Sun, 01 Oct 2023Rp85.7tRp30.3tRp1.2t45.2x68.9x2.8x
Tue, 29 Aug 2023Rp85.5tRp30.3tRp1.2t47.5x68.7x2.8x
Thu, 27 Jul 2023Rp85.6tRp33.4tRp804.6b49.7x106.4x2.6x
Sat, 24 Jun 2023Rp85.0tRp33.4tRp800.6b110.7x106.2x2.5x
Mon, 22 May 2023Rp85.0tRp38.8tRp511.2b182.3x166.2x2.2x
Wed, 19 Apr 2023Rp85.1tRp38.7tRp569.5b104.7x149.4x2.2x
Fri, 17 Mar 2023Rp84.3tRp38.7tRp574.2b101.4x146.7x2.2x
Sun, 12 Feb 2023Rp84.2tRp38.7tRp574.2b104.5x146.6x2.2x
Tue, 10 Jan 2023Rp83.8tRp38.7tRp574.2b79x146x2.2x
Thu, 08 Dec 2022Rp83.5tRp38.7tRp577.1b40.3x144.7x2.2x
Sat, 05 Nov 2022Rp83.3tRp36.8t-Rp754,988,746,062.0060.2x-110.4x2.3x
Mon, 03 Oct 2022Rp82.7tRp36.6t-Rp778,395,560,311.0029.7x-106.2x2.3x
Wed, 31 Aug 2022Rp82.0tRp35.8tRp1.2t52.1x67x2.3x
Fri, 29 Jul 2022Rp82.7tRp35.8tRp1.2t52.7x68.2x2.3x
Sun, 26 Jun 2022Rp81.7tRp35.8tRp1.2t54.9x67.4x2.3x
Tue, 24 May 2022Rp81.3tRp36.7tRp1.0t66.5x77.7x2.2x
Thu, 21 Apr 2022Rp80.9tRp36.6tRp1.0t57.1x78x2.2x
Sat, 19 Mar 2022Rp81.3tRp36.6tRp1.0t45.1x80.6x2.2x
Mon, 14 Feb 2022Rp83.9tRp36.6tRp1.0t64.5x83.2x2.3x
Wed, 12 Jan 2022Rp80.4tRp36.6tRp1.0t64x79.7x2.2x
Fri, 10 Dec 2021Rp79.0tRp36.5tRp1.0t68.6x76.8x2.2x
Sun, 07 Nov 2021Rp77.2tRp37.6tRp766.0b75.7x100.8x2.1x
Tue, 05 Oct 2021Rp73.6tRp37.6tRp772.1b71x95.3x2x
Thu, 02 Sep 2021Rp79.6tRp36.6tRp772.1b81.7x103.1x2.2x
Sat, 31 Jul 2021Rp75.7tRp36.6tRp772.1b79.5x98.1x2.1x
Price to Earnings Ratio

141.7x


Total Market Cap: Rp85.5tTotal Earnings: Rp603.7bTotal Revenue: Rp42.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian General Insurance Industry Price to Earnings3Y Average 79.9x202220232024
Current Industry PE
  • Investors are optimistic on the Indonesian Multi-line Insurance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 83.6x which is higher than its 3-year average PE of 79.9x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Multi-line Insurance industry have grown 23% per year over the last three years.
  • Meanwhile revenues for these companies have declined 13% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Indonesian General Insurance compare with similar industries?

ID Market4.21%
Financials3.87%
Insurance1.71%
General Insurance3.38%
Insurance Brokers0%
Life and Health Insurance-0.086%
Property and Casualty Insurance-2.87%
Reinsurance-5.91%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SMMA Sinar Mas MultiarthaRp15.10k3.4%
+Rp3.2t		18.0%PE97.4x
MTWI Malacca Trust Wuwungan InsuranceRp103.0019.8%
+Rp49.7b		14.4%PE24.5x
ASMI Asuransi Maximus Graha PersadaRp15.0050.0%
+Rp44.8b		-70.0%PE5.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
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.

Latest News

MTWI

Rp103.00

Malacca Trust Wuwungan Insurance

7D

19.8%

1Y

14.4%

ASMI

Rp15.00

Asuransi Maximus Graha Persada

7D

50.0%

1Y

-70.0%

AMAG

Rp300.00

Asuransi Multi Artha Guna

7D

-2.0%

1Y

-18.9%

SMMA

Rp15,100.00

Sinar Mas Multiartha

7D

3.4%

1Y

18.0%

GSMF

Rp50.00

Equity Development Investment

7D

-2.0%

1Y

-23.1%