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Indonesian (IDX) Renewable Energy Industry Analysis

UpdatedJan 17, 2026
DataAggregated Company Financials
Companies8
  • 7D2.5%
  • 3M6.3%
  • 1Y2.2%
  • YTD1.5%

The Renewable Energy industry is up 1.8% in the last week, with Barito Renewables Energy up 1.6%. During this same period, the Kencana Energi Lestari underperformed, falling 5.1%. This takes the industry's 12 month performance to a gain of 4.7%. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 17 Jan 2026Rp1400.2tRp28.0tRp5.7t56.3x243.9x50x
Mon, 15 Dec 2025Rp1361.4tRp27.6tRp5.7t56.2x240.6x49.3x
Wed, 12 Nov 2025Rp1414.8tRp27.7tRp5.7t56.6x249.1x51.1x
Fri, 10 Oct 2025Rp1402.6tRp27.1tRp5.8t47.3x240.8x51.8x
Sun, 07 Sep 2025Rp1233.6tRp26.9tRp5.8t41.2x214.4x45.9x
Tue, 05 Aug 2025Rp1048.5tRp26.8tRp5.7t35.1x182.5x39.1x
Thu, 03 Jul 2025Rp853.0tRp26.4tRp5.8t26.4x147.8x32.3x
Sat, 31 May 2025Rp943.7tRp26.5tRp5.8t28.4x162.5x35.6x
Mon, 28 Apr 2025Rp860.7tRp27.3tRp6.2t28.7x139.3x31.5x
Wed, 26 Mar 2025Rp734.5tRp27.0tRp6.2t29x119.3x27.2x
Fri, 21 Feb 2025Rp952.5tRp26.5tRp5.9t29.6x161.3x35.9x
Sun, 19 Jan 2025Rp1370.0tRp26.6tRp5.9t28.6x231.6x51.5x
Tue, 17 Dec 2024Rp1182.3tRp25.9tRp5.8t14.8x205.3x45.6x
Thu, 14 Nov 2024Rp1048.0tRp25.6tRp5.7t17.3x184.6x41x
Sat, 12 Oct 2024Rp938.3tRp25.2tRp5.3t18.9x175.6x37.3x
Mon, 09 Sep 2024Rp1508.3tRp24.8tRp5.3t18.3x286.3x60.8x
Wed, 07 Aug 2024Rp1123.0tRp26.1tRp5.5t19.1x202.5x43x
Fri, 05 Jul 2024Rp1456.8tRp26.4tRp5.6t18.6x259.2x55.2x
Sun, 02 Jun 2024Rp1165.1tRp26.3tRp5.6t18.4x207.9x44.3x
Tue, 30 Apr 2024Rp1219.8tRp26.3tRp5.9t18.9x207.2x46.4x
Thu, 28 Mar 2024Rp795.1tRp25.6tRp6.1t15.9x130.9x31x
Sat, 24 Feb 2024Rp812.7tRp16.0tRp4.3t16.7x188.8x50.8x
Mon, 22 Jan 2024Rp749.8tRp16.0tRp4.3t16.3x174x46.8x
Wed, 20 Dec 2023Rp1046.6tRp15.9tRp4.3t16.3x244.8x65.7x
Fri, 17 Nov 2023Rp834.5tRp16.0tRp4.3t17.4x194.8x52.1x
Sun, 15 Oct 2023Rp387.1tRp16.1tRp4.0t23.2x96.2x24.1x
Tue, 12 Sep 2023Rp65.8tRp15.7tRp3.9t21.2x16.7x4.2x
Thu, 10 Aug 2023Rp52.9tRp15.6tRp3.9t16.7x13.6x3.4x
Sat, 08 Jul 2023Rp50.4tRp15.5tRp3.7t15.6x13.7x3.3x
Mon, 05 Jun 2023Rp52.1tRp15.0tRp3.4t19.8x15.3x3.5x
Wed, 03 May 2023Rp46.0tRp14.7tRp3.2t16.7x14.5x3.1x
Fri, 31 Mar 2023Rp43.5tRp14.9tRp3.3t14.9x13.2x2.9x
Sun, 26 Feb 2023Rp50.6tRp14.9tRp3.5t18.2x14.4x3.4x
Tue, 24 Jan 2023Rp14.1tRp9.0tRp1.5t18.7x9.4x1.6x
Price to Earnings Ratio

9.4x


Total Market Cap: Rp14.1tTotal Earnings: Rp1.5tTotal Revenue: Rp9.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Renewable Energy Industry Price to Earnings3Y Average 154.8x202420252026
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 244x which is higher than its 3-year average PE of 155x.
  • The industry's 3-year average PS ratio of 34.9x is exceeded by the industry's current PS ratio of 50.1x.
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 Market1.20%
Utilities1.41%
Renewable Energy2.51%
Renewable Energy2.54%
Independent Power Producers and Energy Traders-1.50%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 200x.
    • Analysts are expecting annual earnings growth of 15.8%, 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 9.5x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings decline of 20% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 14% 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 EnergyRp9.70k2.4%
+Rp30.1t
-1.3%PE538.8x
PGEO Pertamina Geothermal EnergyRp1.30k8.8%
+Rp4.4t
41.3%PE24.6x

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