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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedFeb 13, 2026
DataAggregated Company Financials
Companies8
  • 7D-0.2%
  • 3M-13.8%
  • 1Y35.8%
  • YTD-14.0%

Over the last 7 days, the Renewable Energy industry has remained flat, although notably Pertamina Geothermal Energy gained 5.7%. As for the the longer term, the industry is up 36% over the past 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Feb 2026Rp1185.9tRp27.9tRp5.7t56.2x207.5x42.5x
Sun, 11 Jan 2026Rp1366.0tRp27.9tRp5.7t56.7x238.8x49x
Tue, 09 Dec 2025Rp1371.6tRp27.7tRp5.7t57.5x241.7x49.6x
Thu, 06 Nov 2025Rp1378.7tRp27.7tRp5.7t54.7x242.7x49.7x
Sat, 04 Oct 2025Rp1305.0tRp27.1tRp5.8t45.4x223.8x48.1x
Mon, 01 Sep 2025Rp1287.4tRp27.0tRp5.8t40.4x223.1x47.7x
Wed, 30 Jul 2025Rp1154.2tRp26.7tRp5.8t38.4x198.2x43.2x
Fri, 27 Jun 2025Rp844.7tRp26.4tRp5.8t26.4x146.2x31.9x
Sun, 25 May 2025Rp963.9tRp26.4tRp5.8t28.7x166.7x36.5x
Tue, 22 Apr 2025Rp801.8tRp27.3tRp6.2t27.5x130.1x29.4x
Thu, 20 Mar 2025Rp756.7tRp26.8tRp6.0t25x125.8x28.2x
Sat, 15 Feb 2025Rp876.7tRp26.4tRp5.9t28x149.2x33.2x
Mon, 13 Jan 2025Rp1453.1tRp26.3tRp5.9t28.5x248.3x55.2x
Wed, 11 Dec 2024Rp1187.2tRp25.7tRp5.7t15.5x207.9x46.1x
Fri, 08 Nov 2024Rp862.1tRp25.5tRp5.7t16.6x152.2x33.8x
Sun, 06 Oct 2024Rp994.1tRp25.0tRp5.3t18.4x187.2x39.8x
Tue, 03 Sep 2024Rp1502.1tRp25.1tRp5.3t18.3x282.2x59.9x
Thu, 01 Aug 2024Rp1228.1tRp26.2tRp5.6t20.1x217.4x46.8x
Sat, 29 Jun 2024Rp1376.2tRp26.4tRp5.6t18.4x244.6x52.1x
Mon, 27 May 2024Rp1573.3tRp25.9tRp5.5t19.9x285.2x60.8x
Wed, 24 Apr 2024Rp1086.5tRp26.2tRp5.9t18.9x184.9x41.4x
Fri, 22 Mar 2024Rp782.6tRp16.0tRp4.3t15.6x181.5x49x
Sun, 18 Feb 2024Rp799.5tRp16.0tRp4.3t16.6x185.5x49.9x
Tue, 16 Jan 2024Rp659.6tRp16.0tRp4.3t16.4x153.6x41.3x
Thu, 14 Dec 2023Rp1079.8tRp16.0tRp4.3t15.9x250.8x67.3x
Sat, 11 Nov 2023Rp767.4tRp16.1tRp4.3t16.5x178.1x47.7x
Mon, 09 Oct 2023Rp187.9tRp16.0tRp4.0t25.7x46.8x11.7x
Wed, 06 Sep 2023Rp70.6tRp15.6tRp3.9t23.5x18x4.5x
Fri, 04 Aug 2023Rp52.7tRp15.6tRp3.9t16x13.5x3.4x
Sun, 02 Jul 2023Rp51.8tRp15.4tRp3.6t16.9x14.2x3.4x
Tue, 30 May 2023Rp50.2tRp15.1tRp3.4t18.7x14.7x3.3x
Thu, 27 Apr 2023Rp45.9tRp14.8tRp3.2t16.8x14.4x3.1x
Sat, 25 Mar 2023Rp47.2tRp15.0tRp3.3t16.7x14.2x3.1x
Mon, 20 Feb 2023Rp14.7tRp9.0tRp1.5t20.1x9.7x1.6x
Price to Earnings Ratio

9.7x


Total Market Cap: Rp14.7tTotal Earnings: Rp1.5tTotal Revenue: Rp9.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 160.1x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian Renewable Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 207x which is higher than its 3-year average PE of 160x.
  • The industry's 3-year average PS ratio of 36.0x is exceeded by the industry's current PS ratio of 42.5x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 56% per year over the last three years.
  • Revenues for these companies have grown 46% 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 Market2.19%
Utilities0.34%
Renewable Energy-0.23%
Independent Power Producers and Energy Traders2.67%
Renewable Energy-0.25%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 206x.
    • Analysts are expecting annual earnings growth of 12.6%, which is higher than its past year's earnings decline of 20.3% per year.
  • Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.6x.
Forecasted Growth
  • Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 13% 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 EnergyRp1.21k5.7%
+Rp2.7t
36.2%PE22.9x
ARKO PT. Arkora HydroRp7.48k3.8%
+Rp805.3b
686.8%PE447.4x
LAPD Leyand InternationalRp148.0062.6%
+Rp226.1b
543.5%PS2.2x
KEEN Kencana Energi LestariRp1.07k3.4%
+Rp128.3b
67.7%PE69.3x
POWR Cikarang ListrindoRp700.000.7%
+Rp79.1b
5.3%PE11x

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