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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedMay 17, 2026
DataAggregated Company Financials
Companies8
  • 7D-18.9%
  • 3M-55.8%
  • 1Y-46.9%
  • YTD-62.9%

Over the last 7 days, the Renewable Energy industry has dropped 19%, driven by a pullback from Barito Renewables Energy of 22%. Overall the industry is down 47% in 12 months. Earnings are forecast to grow by 9.9% annually.

Industry Valuation and Performance

Has the Indonesian Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 May 2026Rp512.1tRp29.5tRp6.6t40.6x78.1x17.4x
Tue, 14 Apr 2026Rp896.1tRp28.6tRp6.1t39x147.6x31.3x
Thu, 12 Mar 2026Rp1009.6tRp28.3tRp6.1t48.5x166.2x35.7x
Sat, 07 Feb 2026Rp1154.7tRp28.0tRp5.7t53.8x201.4x41.3x
Mon, 05 Jan 2026Rp1379.1tRp27.7tRp5.7t55.2x242.6x49.7x
Wed, 03 Dec 2025Rp1370.8tRp27.6tRp5.7t60.5x242.5x49.7x
Fri, 31 Oct 2025Rp1229.2tRp27.5tRp5.8t46.6x211.1x44.8x
Sun, 28 Sep 2025Rp1284.4tRp27.4tRp5.9t44.4x217.9x46.9x
Tue, 26 Aug 2025Rp1273.7tRp26.7tRp5.7t41.9x223.4x47.8x
Thu, 24 Jul 2025Rp1132.9tRp26.5tRp5.8t28.1x195.4x42.7x
Sat, 21 Jun 2025Rp897.8tRp26.7tRp5.8t27x154x33.6x
Mon, 19 May 2025Rp964.3tRp26.8tRp5.9t26.1x164.5x36x
Wed, 16 Apr 2025Rp842.0tRp27.3tRp6.2t26.3x136.4x30.8x
Fri, 14 Mar 2025Rp862.9tRp26.7tRp6.0t25.8x144.4x32.4x
Sun, 09 Feb 2025Rp993.9tRp26.5tRp5.9t27.7x168.9x37.6x
Tue, 07 Jan 2025Rp1365.3tRp26.2tRp5.8t14.4x234.3x52.1x
Thu, 05 Dec 2024Rp1058.0tRp25.8tRp5.7t15.9x184.5x41x
Sat, 02 Nov 2024Rp971.6tRp25.4tRp5.4t17.4x181.4x38.2x
Mon, 30 Sep 2024Rp1023.6tRp24.4tRp5.2t18.6x197.4x41.9x
Wed, 28 Aug 2024Rp1376.6tRp25.0tRp5.3t18.9x259.1x55x
Fri, 26 Jul 2024Rp1189.5tRp26.2tRp5.6t19.8x212.7x45.3x
Sun, 23 Jun 2024Rp1280.2tRp26.6tRp5.7t17.7x226.1x48.2x
Tue, 21 May 2024Rp1536.8tRp25.9tRp5.5t19.9x278.8x59.4x
Thu, 18 Apr 2024Rp1066.0tRp26.3tRp5.9t18.9x181.3x40.6x
Sat, 16 Mar 2024Rp809.0tRp15.9tRp4.3t15.6x188.1x50.8x
Mon, 12 Feb 2024Rp788.0tRp16.0tRp4.3t16.4x182.7x49.1x
Wed, 10 Jan 2024Rp787.4tRp16.0tRp4.3t16.2x183.4x49.4x
Fri, 08 Dec 2023Rp1098.6tRp15.9tRp4.3t15.4x257.5x68.9x
Sun, 05 Nov 2023Rp628.2tRp16.0tRp4.3t18.8x146.6x39.3x
Tue, 03 Oct 2023Rp79.5tRp15.9tRp4.0t25.7x19.9x5x
Thu, 31 Aug 2023Rp70.9tRp15.6tRp3.9t25.6x18.2x4.6x
Sat, 29 Jul 2023Rp49.9tRp15.5tRp3.8t14.8x13.3x3.2x
Mon, 26 Jun 2023Rp52.1tRp15.4tRp3.7t17x14.3x3.4x
Wed, 24 May 2023Rp48.9tRp15.0tRp3.4t17.8x14.4x3.3x
Price to Earnings Ratio

14.4x


Total Market Cap: Rp48.9tTotal Earnings: Rp3.4tTotal Revenue: Rp15.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 171.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Renewable Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 78.1x which is lower than its 3-year average PE of 171x.
  • The 3-year average PS ratio of 38.4x is higher than the industry's current PS ratio of 17.4x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 25% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indonesian Utilities industry?

ID Market-4.64%
Utilities-15.26%
Renewable Energy-18.92%
Independent Power Producers and Energy Traders3.06%
Renewable Energy-19.36%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 220x.
    • Analysts are expecting annual earnings growth of 10.1%, which is higher than its past year's earnings growth of 6.9% per year.
  • Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading close to its 3-year average of 9.6x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 10% over the next 5 years.
  • This is better than its past earnings growth rate of 6.9% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 9.1% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
PGEO Pertamina Geothermal EnergyRp1.03k3.5%
+Rp1.5t
-18.9%PE16.4x
POWR Cikarang ListrindoRp770.003.4%
+Rp396.3b
5.5%PE9.6x
KEEN Kencana Energi LestariRp915.005.8%
+Rp183.3b
7.0%PE26.1x

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