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Thai (SET) Oil and Gas Refining and Marketing Industry Analysis

UpdatedMay 11, 2026
DataAggregated Company Financials
Companies11
  • 7D-2.4%
  • 3M8.5%
  • 1Y39.1%
  • YTDn/a

Over the last 7 days, the Oil and Gas Refining and Marketing industry has dropped 2.4%, driven by a pullback from IRPC of 6.6%. Meanwhile, Thai Agro Energy actually outperformed within the industry, gaining 25% in the last week. Over the past 12 months, the industry was up 39%. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

Has the Thai Oil and Gas Refining and Marketing Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 11 May 2026฿244.9b฿1.4t฿16.8b18x14.6x0.2x
Wed, 08 Apr 2026฿240.6b฿1.4t฿16.8b19.1x14.3x0.2x
Fri, 06 Mar 2026฿231.6b฿1.4t฿16.8b16.4x13.8x0.2x
Sun, 01 Feb 2026฿205.6b฿1.5t฿13.8b10.5x14.9x0.1x
Tue, 30 Dec 2025฿174.4b฿1.5t฿13.8b10.5x12.7x0.1x
Thu, 27 Nov 2025฿181.9b฿1.7t฿11.3b10.6x16.1x0.1x
Sat, 25 Oct 2025฿197.1b฿1.8t-฿9,438,075,602.009.8x-20.9x0.1x
Mon, 22 Sep 2025฿202.1b฿1.8t-฿9,438,075,602.0010.3x-21.4x0.1x
Wed, 20 Aug 2025฿180.2b฿1.8t-฿9,438,075,602.009.5x-19.1x0.1x
Fri, 18 Jul 2025฿182.8b฿1.9t-฿822,675,741.009.6x-222.2x0.1x
Sun, 15 Jun 2025฿189.8b฿1.9t-฿822,675,741.009.4x-230.7x0.1x
Tue, 13 May 2025฿191.8b฿1.9t-฿545,832,741.009.1x-351.5x0.1x
Thu, 10 Apr 2025฿164.9b฿1.9t฿8.4b8.7x19.6x0.09x
Sat, 08 Mar 2025฿187.7b฿1.9t฿8.4b10.3x22.3x0.1x
Mon, 03 Feb 2025฿186.5b฿1.9t฿1.8b10.6x104.2x0.1x
Wed, 01 Jan 2025฿211.0b฿1.9t฿1.8b11.8x117.8x0.1x
Fri, 29 Nov 2024฿224.3b฿1.9t฿1.8b12.2x125.3x0.1x
Sun, 27 Oct 2024฿249.3b฿1.9t฿48.8b12.6x5.1x0.1x
Tue, 24 Sep 2024฿279.0b฿1.9t฿48.8b13.7x5.7x0.1x
Thu, 22 Aug 2024฿271.2b฿1.9t฿46.3b13x5.9x0.1x
Sat, 20 Jul 2024฿290.1b฿1.7t฿38.1b19x7.6x0.2x
Mon, 17 Jun 2024฿283.1b฿1.7t฿38.1b19.9x7.4x0.2x
Wed, 15 May 2024฿299.4b฿1.7t฿38.1b23.4x7.9x0.2x
Fri, 12 Apr 2024฿327.8b฿1.7t฿31.5b24.1x10.4x0.2x
Sun, 10 Mar 2024฿318.1b฿1.7t฿31.5b24.7x10.1x0.2x
Tue, 06 Feb 2024฿310.1b฿1.6t฿31.7b10.9x9.8x0.2x
Thu, 04 Jan 2024฿301.7b฿1.6t฿31.7b11.3x9.5x0.2x
Sat, 02 Dec 2023฿299.9b฿1.6t฿31.7b10.9x9.5x0.2x
Mon, 30 Oct 2023฿287.8b฿1.6t-฿9,905,345,903.0014x-29.1x0.2x
Wed, 27 Sep 2023฿303.4b฿1.6t-฿9,905,345,903.0014.6x-30.6x0.2x
Fri, 25 Aug 2023฿309.1b฿1.6t-฿9,905,345,903.0015.6x-31.2x0.2x
Sun, 23 Jul 2023฿295.6b฿1.8t฿43.4b8.8x6.8x0.2x
Tue, 20 Jun 2023฿290.9b฿1.8t฿43.4b9.8x6.7x0.2x
Thu, 18 May 2023฿287.4b฿1.8t฿43.8b10.1x6.6x0.2x
Price to Earnings Ratio

6.6x


Total Market Cap: ฿287.4bTotal Earnings: ฿43.8bTotal Revenue: ฿1.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Oil and Gas Refining and Marketing Industry Price to Earnings3Y Average -5x202420252026
Current Industry PE
  • Investors are pessimistic on the Thai Oil and Gas Refining and Marketing 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 14.6x which is higher than its 3-year average PE of -5.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.15x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Refining and Marketing industry have declined 28% per year over the last three years,
  • Revenues have also declined 6.3% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Thai Oil and Gas Refining and Marketing compare with similar industries?

TH Market0.46%
Energy0.28%
Oil and Gas0.28%
Oil and Gas Refining and Marketing-2.40%
Integrated Oil and Gas3.55%
Coal and Fuels-1.62%
Oil and Gas Storage and Transportation-2.27%
Oil and Gas Exploration and Production-3.57%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TAE Thai Agro Energy฿1.4124.8%
+฿280.0m
139.0%PS0.7x
BBGI BBGI฿4.201.0%
+฿57.8m
37.3%PE21.5x
AIE AI Energy฿1.181.7%
+฿27.7m
-12.6%PE74.6x
SUSCO Susco฿2.041.0%
+฿19.0m
-30.1%PE16.1x

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