Header cover image

Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies8
  • 7D-11.8%
  • 3M-47.8%
  • 1Y-8.5%
  • YTD-47.8%

Over the last 7 days, the Renewable Energy industry has dropped 12%, driven by Barito Renewables Energy declining 13%. The industry has fallen 8.5% in the last year. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026Rp719.2tRp28.4tRp6.0t38.5x119.7x25.4x
Tue, 03 Mar 2026Rp1187.3tRp27.8tRp5.7t55.4x208.2x42.7x
Thu, 29 Jan 2026Rp1205.1tRp27.7tRp5.7t55.6x212.1x43.5x
Sat, 27 Dec 2025Rp1322.6tRp27.8tRp5.7t54.6x232.2x47.6x
Mon, 24 Nov 2025Rp1393.8tRp27.7tRp5.7t60.3x245.3x50.3x
Wed, 22 Oct 2025Rp1313.9tRp27.2tRp5.8t49.4x224.8x48.3x
Fri, 19 Sep 2025Rp1290.3tRp27.1tRp5.8t42.7x221.1x47.5x
Sun, 17 Aug 2025Rp1252.2tRp26.5tRp5.7t40.3x221x47.3x
Tue, 15 Jul 2025Rp1055.7tRp26.5tRp5.8t27.5x182.3x39.8x
Thu, 12 Jun 2025Rp953.5tRp26.5tRp5.8t27.9x164.4x36x
Sat, 10 May 2025Rp854.0tRp26.9tRp5.9t25.8x145.1x31.8x
Mon, 07 Apr 2025Rp786.1tRp26.9tRp6.1t26.5x129.3x29.2x
Wed, 05 Mar 2025Rp864.9tRp26.7tRp6.0t25.9x144.5x32.4x
Fri, 31 Jan 2025Rp1278.7tRp26.4tRp5.9t30.6x217.5x48.4x
Sun, 29 Dec 2024Rp1286.4tRp26.3tRp5.8t14.8x220.1x48.9x
Tue, 26 Nov 2024Rp981.9tRp25.7tRp5.7t16.3x171.9x38.2x
Thu, 24 Oct 2024Rp1077.9tRp25.2tRp5.4t18x201.2x42.7x
Sat, 21 Sep 2024Rp1538.4tRp24.4tRp5.2t18.3x296.6x63x
Mon, 19 Aug 2024Rp1238.4tRp25.3tRp5.4t19.5x230.2x48.9x
Wed, 17 Jul 2024Rp1279.5tRp26.1tRp5.6t20.1x229.9x49x
Fri, 14 Jun 2024Rp1134.5tRp26.3tRp5.6t17.4x202.8x43.2x
Sun, 12 May 2024Rp1361.7tRp26.0tRp5.5t20.7x246x52.4x
Tue, 09 Apr 2024Rp992.5tRp25.7tRp5.7t19x172.9x38.7x
Thu, 07 Mar 2024Rp869.6tRp16.0tRp4.3t15.6x200.5x54.3x
Sat, 03 Feb 2024Rp719.9tRp16.1tRp4.3t16.4x166.6x44.8x
Mon, 01 Jan 2024Rp1064.8tRp15.8tRp4.2t16.2x250.9x67.4x
Wed, 29 Nov 2023Rp894.6tRp15.9tRp4.3t15.1x210.3x56.3x
Fri, 27 Oct 2023Rp583.1tRp16.3tRp4.1t23x143x35.8x
Sun, 24 Sep 2023Rp83.5tRp15.7tRp3.9t25.7x21.2x5.3x
Tue, 22 Aug 2023Rp57.1tRp15.7tRp3.9t17.6x14.6x3.6x
Thu, 20 Jul 2023Rp48.0tRp15.4tRp3.6t14.9x13.2x3.1x
Sat, 17 Jun 2023Rp49.8tRp15.3tRp3.6t16.3x13.7x3.3x
Mon, 15 May 2023Rp48.4tRp14.9tRp3.4t17.2x14.4x3.2x
Wed, 12 Apr 2023Rp43.0tRp14.8tRp3.2t15.2x13.3x2.9x
Price to Earnings Ratio

13.3x


Total Market Cap: Rp43.0tTotal Earnings: Rp3.2tTotal Revenue: Rp14.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 167.4x202420252026
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 120x which is lower than its 3-year average PE of 167x.
  • The 3-year average PS ratio of 37.6x is higher than the industry's current PS ratio of 25.4x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 24% 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-1.79%
Utilities-10.20%
Renewable Energy-11.77%
Independent Power Producers and Energy Traders1.10%
Renewable Energy-11.96%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 215x.
    • Analysts are expecting annual earnings growth of 11.6%, which is higher than its past year's earnings growth of 8.3% 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 12% over the next 5 years.
  • This is better than its past earnings growth rate of 8.3% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow 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 Price7D1YValuation
PGEO Pertamina Geothermal EnergyRp1.02k1.5%
+Rp627.2b
26.7%PE18.2x
ARKO Arkora HydroRp6.30k2.0%
+Rp366.1b
624.1%PE288.7x
POWR Cikarang ListrindoRp730.001.4%
+Rp158.5b
10.6%PE9.4x
HGII Hero Global InvestmentRp140.000.7%
+Rp6.5b
-15.2%PE53.3x

Latest News