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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedJul 16, 2026
DataAggregated Company Financials
Companies8
  • 7D5.6%
  • 3M-42.9%
  • 1Y-52.4%
  • YTD-61.5%

Over the last 7 days, the Renewable Energy industry has remained flat, although notably Barito Renewables Energy gained 5.5%. As for the longer term, the industry has declined 53% in the last year. Earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Jul 2026Rp530.7tRp30.4tRp6.8t36.6x78.4x17.5x
Sat, 13 Jun 2026Rp612.9tRp29.9tRp6.7t38.6x92.1x20.5x
Mon, 11 May 2026Rp631.6tRp29.3tRp6.5t40.4x97.1x21.6x
Wed, 08 Apr 2026Rp701.7tRp28.4tRp6.0t38.1x116.3x24.7x
Fri, 06 Mar 2026Rp1056.3tRp28.1tRp6.0t52.5x177.5x37.6x
Sun, 01 Feb 2026Rp1228.6tRp27.8tRp5.7t55.3x215.3x44.1x
Tue, 30 Dec 2025Rp1352.3tRp27.8tRp5.7t55.1x237.3x48.7x
Thu, 27 Nov 2025Rp1360.3tRp27.6tRp5.7t61.4x240.4x49.3x
Sat, 25 Oct 2025Rp1303.6tRp27.2tRp5.8t47.2x223x48x
Mon, 22 Sep 2025Rp1288.0tRp27.2tRp5.8t41x220.6x47.4x
Wed, 20 Aug 2025Rp1227.4tRp26.7tRp5.7t41.1x215.3x46.1x
Fri, 18 Jul 2025Rp1118.9tRp26.6tRp5.8t28x192.3x42x
Sun, 15 Jun 2025Rp930.2tRp26.5tRp5.8t27.6x160.4x35.1x
Tue, 13 May 2025Rp860.2tRp26.9tRp5.9t25.8x146.1x32x
Thu, 10 Apr 2025Rp616.7tRp27.4tRp6.2t23.9x99.6x22.5x
Sat, 08 Mar 2025Rp918.0tRp26.5tRp5.9t26.4x154.7x34.7x
Mon, 03 Feb 2025Rp1264.2tRp26.5tRp5.9t29.3x214.6x47.7x
Wed, 01 Jan 2025Rp1295.8tRp26.1tRp5.8t14.7x223.7x49.7x
Fri, 29 Nov 2024Rp961.4tRp25.7tRp5.7t16x168.3x37.4x
Sun, 27 Oct 2024Rp1037.1tRp25.3tRp5.4t17.9x193.3x41.1x
Tue, 24 Sep 2024Rp1243.6tRp24.5tRp5.2t18.3x239.4x50.8x
Thu, 22 Aug 2024Rp1340.8tRp25.1tRp5.3t19.2x251.9x53.5x
Sat, 20 Jul 2024Rp1233.9tRp26.2tRp5.6t20.1x221.4x47.2x
Mon, 17 Jun 2024Rp1108.7tRp26.5tRp5.6t16.3x196.4x41.9x
Wed, 15 May 2024Rp1309.8tRp26.1tRp5.6t19.9x235.6x50.2x
Fri, 12 Apr 2024Rp992.5tRp25.7tRp5.7t19x172.9x38.7x
Sun, 10 Mar 2024Rp886.1tRp15.9tRp4.3t15.6x206.5x55.8x
Tue, 06 Feb 2024Rp759.6tRp16.1tRp4.3t16.4x175.3x47.1x
Thu, 04 Jan 2024Rp1082.6tRp15.9tRp4.3t16.5x253.3x68.2x
Sat, 02 Dec 2023Rp969.3tRp15.9tRp4.3t15.3x227.8x61x
Mon, 30 Oct 2023Rp615.8tRp16.3tRp4.1t23.7x151x37.8x
Wed, 27 Sep 2023Rp85.0tRp15.9tRp4.0t25.7x21.4x5.4x
Fri, 25 Aug 2023Rp60.3tRp15.6tRp3.9t19.3x15.4x3.9x
Sun, 23 Jul 2023Rp48.6tRp15.4tRp3.7t14.8x13.3x3.2x
Price to Earnings Ratio

13.3x


Total Market Cap: Rp48.6tTotal Earnings: Rp3.7tTotal Revenue: Rp15.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 175.1x202420252026
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 77.3x which is lower than its 3-year average PE of 175x.
  • The 3-year average PS ratio of 39.2x is higher than the industry's current PS ratio of 17.2x.
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 26% 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 Market2.69%
Utilities5.33%
Renewable Energy5.57%
Renewable Energy5.66%
Independent Power Producers and Energy Traders2.06%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 225x.
    • Analysts are expecting annual earnings growth of 35.5%, 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 36% 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
BREN Barito Renewables EnergyRp3.49k6.4%
+Rp28.1t
-54.8%PE183.9x
PGEO Pertamina Geothermal EnergyRp1.01k5.8%
+Rp2.4t
-38.3%PE15.6x
ARKO Arkora HydroRp4.79k6.4%
+Rp849.3b
473.7%PE233.5x
POWR Cikarang ListrindoRp720.002.1%
+Rp237.8b
4.3%PE8.7x
KEEN Kencana Energi LestariRp860.003.6%
+Rp110.0b
4.2%PE23.8x

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