Thai (SET) Energy Services Industry Analysis

UpdatedMar 27, 2026

DataAggregated Company Financials

Companies3

7D2.2%
3M-11.0%
1Y-33.5%
YTD-12.5%

The Energy Services industry has been flat over the last week, but Qualitech has lost 3.2%. As for the longer term, the industry has declined 34% in the last year.

Industry Valuation and Performance

Has the Thai Energy Services Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 27 Mar 2026	฿863.1m	฿1.8b	-฿58,653,769.00	47.9x	-14.7x	0.5x
Sun, 22 Feb 2026	฿862.7m	฿1.8b	-฿68,493,904.00	n/a	-12.6x	0.5x
Tue, 20 Jan 2026	฿915.6m	฿1.8b	-฿68,493,904.00	n/a	-13.4x	0.5x
Thu, 18 Dec 2025	฿990.9m	฿1.8b	-฿68,493,904.00	n/a	-14.5x	0.5x
Sat, 15 Nov 2025	฿970.3m	฿1.8b	-฿68,493,906.00	n/a	-14.2x	0.5x
Mon, 13 Oct 2025	฿1.1b	฿1.9b	-฿60,514,615.00	n/a	-18.2x	0.6x
Wed, 10 Sep 2025	฿1.2b	฿1.9b	-฿60,514,615.00	n/a	-19.9x	0.6x
Fri, 08 Aug 2025	฿1.2b	฿2.0b	฿27.6m	14.9x	42.5x	0.6x
Sun, 06 Jul 2025	฿1.3b	฿2.0b	฿27.6m	16.6x	45.9x	0.6x
Tue, 03 Jun 2025	฿1.3b	฿2.0b	฿27.6m	17.2x	46.7x	0.6x
Thu, 01 May 2025	฿1.3b	฿2.0b	฿18.4m	11.8x	70.4x	0.6x
Sat, 29 Mar 2025	฿1.3b	฿2.0b	฿18.4m	12x	71.7x	0.6x
Mon, 24 Feb 2025	฿1.4b	฿2.1b	฿16.2m	12.5x	85.3x	0.7x
Wed, 22 Jan 2025	฿1.4b	฿2.1b	-฿8,071,919.00	7.4x	-167.8x	0.6x
Fri, 20 Dec 2024	฿1.3b	฿2.1b	-฿8,071,919.00	7.4x	-158.2x	0.6x
Sun, 17 Nov 2024	฿1.4b	฿2.1b	-฿5,874,812.00	7.7x	-236.3x	0.7x
Tue, 15 Oct 2024	฿1.5b	฿2.1b	-฿47,669,426.00	9.5x	-31.4x	0.7x
Thu, 12 Sep 2024	฿1.5b	฿2.1b	-฿47,669,426.00	9.6x	-32.4x	0.7x
Sat, 10 Aug 2024	฿1.2b	฿2.0b	-฿247,034,779.00	15.8x	-4.8x	0.6x
Mon, 08 Jul 2024	฿1.5b	฿2.0b	-฿247,034,779.00	21.3x	-5.9x	0.7x
Wed, 05 Jun 2024	฿1.6b	฿2.0b	-฿247,034,779.00	24.4x	-6.5x	0.8x
Fri, 03 May 2024	฿1.7b	฿2.1b	-฿209,691,716.00	21x	-8.2x	0.8x
Sun, 31 Mar 2024	฿1.7b	฿2.1b	-฿209,691,716.00	20.1x	-8.2x	0.8x
Tue, 27 Feb 2024	฿1.7b	฿2.1b	-฿237,905,348.00	46.1x	-7.1x	0.8x
Thu, 25 Jan 2024	฿1.9b	฿2.2b	-฿238,688,510.00	53x	-7.9x	0.8x
Sat, 23 Dec 2023	฿1.8b	฿2.2b	-฿238,688,510.00	48.7x	-7.5x	0.8x
Mon, 20 Nov 2023	฿1.7b	฿2.2b	-฿238,688,511.00	43.5x	-7x	0.7x
Wed, 18 Oct 2023	฿2.2b	฿2.4b	-฿146,057,715.00	22.1x	-14.9x	0.9x
Fri, 15 Sep 2023	฿2.6b	฿2.4b	-฿146,057,715.00	26.3x	-17.9x	1.1x
Sun, 13 Aug 2023	฿2.8b	฿2.4b	฿52.8m	25.4x	52.9x	1.2x
Tue, 11 Jul 2023	฿2.9b	฿2.5b	฿56.6m	24.9x	51.7x	1.2x
Thu, 08 Jun 2023	฿2.8b	฿2.5b	฿56.6m	27.1x	48.6x	1.1x
Sat, 06 May 2023	฿2.9b	฿2.4b	฿67.2m	20.7x	42.7x	1.2x
Mon, 03 Apr 2023	฿3.7b	฿2.3b	฿46.6m	26.6x	78.8x	1.6x

Price to Earnings Ratio

78.8x

Mon, 03 Apr 2023

Current Industry PE

There are only 3 companies in the Thai Energy Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

The earnings for companies in the Energy Services industry have deteriorated over the last three years.
Meanwhile revenues have remained mostly flat.
This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.