Header cover image

Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedFeb 10, 2026
DataAggregated Company Financials
Companies8
  • 7D-3.3%
  • 3M-18.0%
  • 1Y23.1%
  • YTD-15.9%

Over the last 7 days, the Renewable Energy industry has dropped 3.3%, driven by Barito Renewables Energy declining 2.7%. This takes the industry's 12 month performance to a gain of 23%. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 11 Feb 2026Rp1160.3tRp27.9tRp5.7t54.6x203.1x41.6x
Fri, 09 Jan 2026Rp1375.5tRp27.9tRp5.7t57.9x240.7x49.4x
Sun, 07 Dec 2025Rp1369.2tRp27.6tRp5.7t58.6x241.8x49.6x
Tue, 04 Nov 2025Rp1316.5tRp27.7tRp6.1t45.8x217.4x47.6x
Thu, 02 Oct 2025Rp1302.7tRp27.3tRp5.9t46x222.2x47.8x
Sat, 30 Aug 2025Rp1326.7tRp27.0tRp5.8t40.4x229.8x49.2x
Mon, 28 Jul 2025Rp1108.6tRp26.6tRp5.8t28.3x190.7x41.7x
Wed, 25 Jun 2025Rp855.1tRp26.6tRp5.8t26.5x147.3x32.2x
Fri, 23 May 2025Rp945.1tRp26.6tRp5.8t28.6x162.4x35.5x
Sun, 20 Apr 2025Rp801.4tRp27.3tRp6.2t27.1x129.8x29.3x
Tue, 18 Mar 2025Rp814.3tRp26.7tRp6.0t25.5x136.3x30.5x
Thu, 13 Feb 2025Rp891.0tRp26.6tRp5.9t27.4x150.6x33.5x
Sat, 11 Jan 2025Rp1453.1tRp26.3tRp5.9t28.5x248.2x55.2x
Mon, 09 Dec 2024Rp1194.3tRp25.7tRp5.7t15.6x209.3x46.5x
Wed, 06 Nov 2024Rp917.3tRp25.5tRp5.7t17.2x161.8x35.9x
Fri, 04 Oct 2024Rp979.4tRp24.9tRp5.3t18x185.3x39.4x
Sun, 01 Sep 2024Rp1502.0tRp24.9tRp5.3t18.4x283.4x60.2x
Tue, 30 Jul 2024Rp1220.2tRp26.2tRp5.6t19.6x216x46.5x
Thu, 27 Jun 2024Rp1353.8tRp26.5tRp5.7t18.2x239.5x51x
Sat, 25 May 2024Rp1573.3tRp25.9tRp5.5t19.9x284.8x60.7x
Mon, 22 Apr 2024Rp1153.8tRp26.3tRp5.9t19x195.9x43.9x
Wed, 20 Mar 2024Rp782.1tRp16.0tRp4.3t15.4x180.7x48.8x
Fri, 16 Feb 2024Rp753.9tRp16.0tRp4.3t16.8x174.9x47.1x
Sun, 14 Jan 2024Rp695.0tRp15.9tRp4.3t16.3x161.9x43.6x
Tue, 12 Dec 2023Rp1078.8tRp16.1tRp4.3t14.9x250x67.1x
Thu, 09 Nov 2023Rp659.1tRp16.1tRp4.3t18x153.2x41x
Sat, 07 Oct 2023Rp82.7tRp16.0tRp4.0t25.7x20.6x5.2x
Mon, 04 Sep 2023Rp75.6tRp15.6tRp3.9t25.7x19.3x4.8x
Wed, 02 Aug 2023Rp51.2tRp15.5tRp3.9t15.4x13.3x3.3x
Fri, 30 Jun 2023Rp51.8tRp15.4tRp3.7t16.8x14.1x3.4x
Sun, 28 May 2023Rp50.2tRp15.1tRp3.4t18.2x14.7x3.3x
Tue, 25 Apr 2023Rp45.3tRp14.9tRp3.2t16.3x14.1x3x
Thu, 23 Mar 2023Rp47.3tRp15.1tRp3.4t16.6x14.1x3.1x
Sat, 18 Feb 2023Rp14.7tRp9.1tRp1.5t20.1x9.7x1.6x
Price to Earnings Ratio

9.7x


Total Market Cap: Rp14.7tTotal Earnings: Rp1.5tTotal Revenue: Rp9.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 159.7x202420252026
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 203x which is higher than its 3-year average PE of 160x.
  • The industry's 3-year average PS ratio of 35.9x is exceeded by the industry's current PS ratio of 41.6x.
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 Market2.08%
Utilities-2.35%
Renewable Energy-3.25%
Independent Power Producers and Energy Traders-0.46%
Renewable Energy-3.28%
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 12.3%, 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 12% 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 EnergyRp1.14k1.8%
+Rp836.2b
38.2%PE21.7x
HGII Hero Global InvestmentRp148.002.1%
+Rp19.5b
-21.7%PE41.7x
MPOW Megapower MakmurRp109.002.8%
+Rp2.5b
7.9%PS2.9x

Latest News