Have your own idea? Try our Stock Screener
Thai (SET) Pharma Industry Analysis
UpdatedSep 26, 2025
DataAggregated Company Financials
Companies5
- 7D-0.4%
- 3M17.0%
- 1Y-16.4%
- YTD-9.2%
The Pharma is pretty flat in the last 7 days, but JSP Pharmaceutical Manufacturing (Thailand) Public has stood out, gaining 5.5%. Unfortunately though, the industry is down 16% over the past 12 months. As for the next few years, earnings are expected to grow by 9.4% per annum.
Industry Valuation and Performance
Has the Thai Pharma Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Sep 2025 | ฿37.6b | ฿19.3b | ฿2.4b | 14.5x | 15.6x | 2x |
| Sun, 24 Aug 2025 | ฿36.4b | ฿19.3b | ฿2.4b | 13.8x | 15.1x | 1.9x |
| Tue, 22 Jul 2025 | ฿35.5b | ฿19.7b | ฿2.5b | 14.2x | 14.1x | 1.8x |
| Thu, 19 Jun 2025 | ฿32.7b | ฿19.7b | ฿2.5b | 12.8x | 12.9x | 1.7x |
| Sat, 17 May 2025 | ฿33.1b | ฿19.6b | ฿2.6b | 12.4x | 12.9x | 1.7x |
| Mon, 14 Apr 2025 | ฿32.0b | ฿20.0b | ฿2.6b | 12.6x | 12.3x | 1.6x |
| Wed, 12 Mar 2025 | ฿37.8b | ฿20.0b | ฿2.6b | 14.4x | 14.6x | 1.9x |
| Fri, 07 Feb 2025 | ฿35.8b | ฿20.4b | ฿2.0b | 14.3x | 17.7x | 1.8x |
| Sun, 05 Jan 2025 | ฿41.3b | ฿20.4b | ฿2.0b | 16.1x | 20.4x | 2x |
| Tue, 03 Dec 2024 | ฿43.3b | ฿20.8b | ฿2.1b | 18.2x | 20.7x | 2.1x |
| Thu, 31 Oct 2024 | ฿45.1b | ฿20.0b | ฿2.0b | 18x | 22.5x | 2.3x |
| Sat, 28 Sep 2024 | ฿38.9b | ฿17.9b | ฿1.6b | 21.2x | 24.6x | 2.2x |
| Mon, 26 Aug 2024 | ฿37.8b | ฿17.9b | ฿1.6b | 19.1x | 23.9x | 2.1x |
| Wed, 24 Jul 2024 | ฿37.0b | ฿17.8b | ฿1.5b | 17.9x | 24.8x | 2.1x |
| Fri, 21 Jun 2024 | ฿35.8b | ฿17.8b | ฿1.5b | 16.5x | 24x | 2x |
| Sun, 19 May 2024 | ฿40.0b | ฿17.8b | ฿1.5b | 18.5x | 26.8x | 2.2x |
| Tue, 16 Apr 2024 | ฿40.5b | ฿17.7b | ฿1.5b | 19.1x | 27.3x | 2.3x |
| Thu, 14 Mar 2024 | ฿40.8b | ฿17.7b | ฿1.5b | 19.7x | 27.5x | 2.3x |
| Sat, 10 Feb 2024 | ฿40.4b | ฿17.4b | ฿1.7b | 21.6x | 24.2x | 2.3x |
| Mon, 08 Jan 2024 | ฿40.8b | ฿17.4b | ฿1.7b | 22.6x | 24.4x | 2.3x |
| Wed, 06 Dec 2023 | ฿39.4b | ฿17.4b | ฿1.7b | 20.1x | 23.6x | 2.3x |
| Fri, 03 Nov 2023 | ฿39.8b | ฿17.6b | ฿2.0b | 18.3x | 20.3x | 2.3x |
| Sun, 01 Oct 2023 | ฿43.9b | ฿17.6b | ฿2.0b | 21.5x | 22.4x | 2.5x |
| Tue, 29 Aug 2023 | ฿42.2b | ฿17.6b | ฿2.0b | 21.9x | 21.5x | 2.4x |
| Thu, 27 Jul 2023 | ฿37.4b | ฿17.5b | ฿2.1b | 19.4x | 17.5x | 2.1x |
| Sat, 24 Jun 2023 | ฿38.8b | ฿17.2b | ฿2.1b | 50.1x | 18.8x | 2.3x |
| Mon, 22 May 2023 | ฿35.2b | ฿16.1b | ฿2.1b | 16.1x | 16.9x | 2.2x |
| Wed, 19 Apr 2023 | ฿40.0b | ฿16.2b | ฿2.2b | 17x | 18x | 2.5x |
| Fri, 17 Mar 2023 | ฿40.4b | ฿16.2b | ฿2.2b | 17.2x | 18.2x | 2.5x |
| Sun, 12 Feb 2023 | ฿46.5b | ฿15.5b | ฿2.3b | 19.2x | 20.1x | 3x |
| Tue, 10 Jan 2023 | ฿45.0b | ฿15.5b | ฿2.3b | 18.6x | 19.4x | 2.9x |
| Thu, 08 Dec 2022 | ฿41.1b | ฿15.5b | ฿2.3b | 16.9x | 17.7x | 2.6x |
| Sat, 05 Nov 2022 | ฿41.3b | ฿15.5b | ฿2.3b | 17.3x | 18.1x | 2.7x |
| Mon, 03 Oct 2022 | ฿42.0b | ฿15.5b | ฿2.3b | 17.6x | 18.4x | 2.7x |
Price to Earnings Ratio
18.4x
Current Industry PE
- Investors are pessimistic on the Thai Pharmaceuticals 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 15.6x which is lower than its 3-year average PE of 20.1x.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Pharmaceuticals industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 7.6% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Thai Healthcare industry?
| TH Market | -0.70% | |
| Healthcare | -1.34% | |
| Pharma | -0.42% | |
| Pharma | -0.42% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| JSP JSP Pharmaceutical Manufacturing (Thailand) Public | ฿1.92 | 6.1% +฿52.2m | -9.4% | PE32x |