Header cover image

Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedMar 28, 2026
DataAggregated Company Financials
Companies8
  • 7D-4.1%
  • 3M-38.4%
  • 1Y3.7%
  • YTD-40.9%

Over the last 7 days, the Renewable Energy industry has dropped 4.1%, driven by Barito Renewables Energy declining 4.7%. On the other hand Pertamina Geothermal Energy is actually up 6.3%. In the past year, the industry has gained 3.7%. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 29 Mar 2026Rp815.2tRp28.3tRp5.9t54.8x137.6x28.8x
Tue, 24 Feb 2026Rp1176.0tRp27.9tRp5.7t56.6x205.8x42.2x
Thu, 22 Jan 2026Rp1344.5tRp28.1tRp5.8t61.4x233.5x47.9x
Sat, 20 Dec 2025Rp1330.4tRp27.8tRp5.7t54.7x233.6x47.9x
Mon, 17 Nov 2025Rp1375.9tRp27.7tRp5.7t56.8x242.3x49.7x
Wed, 15 Oct 2025Rp1372.4tRp27.2tRp5.9t47.3x234.4x50.4x
Fri, 12 Sep 2025Rp1221.9tRp27.0tRp5.8t40.8x211.4x45.2x
Sun, 10 Aug 2025Rp1149.8tRp26.6tRp5.7t40.1x201.6x43.2x
Tue, 08 Jul 2025Rp856.0tRp26.4tRp5.8t26.5x148.2x32.4x
Thu, 05 Jun 2025Rp894.9tRp26.5tRp5.8t28.5x154.1x33.7x
Sat, 03 May 2025Rp862.2tRp26.7tRp5.8t30.3x149.4x32.3x
Mon, 31 Mar 2025Rp786.1tRp27.0tRp6.1t30.6x129.3x29.1x
Wed, 26 Feb 2025Rp875.0tRp26.6tRp5.9t28.2x148x32.9x
Fri, 24 Jan 2025Rp1399.0tRp26.5tRp5.9t30.5x237.8x52.9x
Sun, 22 Dec 2024Rp1287.4tRp26.3tRp5.8t15.2x220.8x49x
Tue, 19 Nov 2024Rp951.9tRp25.7tRp5.7t16.4x166.8x37x
Thu, 17 Oct 2024Rp986.5tRp25.1tRp5.3t19x185.3x39.4x
Sat, 14 Sep 2024Rp1635.9tRp24.9tRp5.3t18.1x309.7x65.8x
Mon, 12 Aug 2024Rp1184.1tRp25.7tRp5.5t19.2x216.9x46.1x
Wed, 10 Jul 2024Rp1397.6tRp26.2tRp5.6t19x249.9x53.2x
Fri, 07 Jun 2024Rp1058.1tRp26.3tRp5.6t18.2x189.1x40.3x
Sun, 05 May 2024Rp1387.8tRp26.0tRp5.6t19.1x249.5x53.5x
Tue, 02 Apr 2024Rp785.9tRp25.6tRp6.0t14.2x130.4x30.6x
Thu, 29 Feb 2024Rp864.4tRp16.1tRp4.3t16.8x199.7x53.7x
Sat, 27 Jan 2024Rp766.5tRp16.2tRp4.4t16.1x175.7x47.2x
Mon, 25 Dec 2023Rp1068.6tRp15.9tRp4.3t16.1x250.5x67.2x
Wed, 22 Nov 2023Rp978.1tRp15.9tRp4.3t17.2x229.9x61.5x
Fri, 20 Oct 2023Rp615.8tRp16.2tRp4.1t24.2x151.6x38x
Sun, 17 Sep 2023Rp75.8tRp15.7tRp3.9t25.6x19.2x4.8x
Tue, 15 Aug 2023Rp55.5tRp15.7tRp3.9t16.8x14.1x3.5x
Thu, 13 Jul 2023Rp49.0tRp15.5tRp3.7t15.2x13.4x3.2x
Sat, 10 Jun 2023Rp50.6tRp15.2tRp3.6t16.8x14x3.3x
Mon, 08 May 2023Rp46.7tRp14.7tRp3.3t16.6x14.1x3.2x
Wed, 05 Apr 2023Rp41.6tRp14.7tRp3.3t14.1x12.7x2.8x
Price to Earnings Ratio

12.7x


Total Market Cap: Rp41.6tTotal Earnings: Rp3.3tTotal Revenue: Rp14.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 166.7x202420252026
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 138x which is lower than its 3-year average PE of 167x.
  • The 3-year average PS ratio of 37.4x is higher than the industry's current PS ratio of 28.8x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 22% 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-0.31%
Utilities-3.39%
Renewable Energy-4.10%
Independent Power Producers and Energy Traders-0.37%
Renewable Energy-4.15%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 214x.
    • Analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings decline of 14.2% 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 13% over the next 5 years.
  • This is better than its past earnings decline of 14% 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 EnergyRp1.01k6.3%
+Rp2.5t
24.8%PE18x
KEEN Kencana Energi LestariRp880.004.8%
+Rp146.7b
26.6%PE56.7x
MPOW Megapower MakmurRp94.004.4%
+Rp3.3b
1.1%PS2.5x

Latest News