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Thai (SET) Commercial Services Industry Analysis

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies17
  • 7D-2.6%
  • 3M2.3%
  • 1Y-15.0%
  • YTD0.4%

Over the last 7 days, the Commercial Services industry has dropped 2.6%, driven by Better World Green declining 8.3%. Overall the industry is down 15% in 12 months. Earnings are forecast to grow by 64% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Mar 2026฿14.0b฿14.3b-฿604,993,124.0011.2x-23.2x1x
Tue, 17 Feb 2026฿14.4b฿14.5b-฿1,029,750,864.0010.7x-14x1x
Thu, 15 Jan 2026฿13.2b฿14.5b-฿1,029,750,864.009.9x-12.8x0.9x
Sat, 13 Dec 2025฿13.8b฿14.5b-฿1,029,750,864.009.5x-13.4x1x
Mon, 10 Nov 2025฿14.3b฿14.6b-฿388,612,938.009x-36.7x1x
Wed, 08 Oct 2025฿14.5b฿14.0b฿273.3m10.3x53.1x1x
Fri, 05 Sep 2025฿14.5b฿14.0b฿273.3m10.1x53.2x1x
Sun, 03 Aug 2025฿13.6b฿14.8b-฿405,801,716.009.1x-33.5x0.9x
Tue, 01 Jul 2025฿13.4b฿14.8b-฿405,801,716.009.3x-33x0.9x
Thu, 29 May 2025฿14.0b฿14.8b-฿401,172,716.009.1x-34.9x0.9x
Sat, 26 Apr 2025฿15.8b฿15.0b-฿406,796,665.0011.2x-38.9x1.1x
Mon, 24 Mar 2025฿16.4b฿15.0b-฿406,796,665.0011.9x-40.3x1.1x
Wed, 19 Feb 2025฿16.0b฿15.3b-฿97,765,338.0011.3x-163.9x1.1x
Fri, 17 Jan 2025฿17.0b฿15.2b-฿98,315,428.0012.1x-172.7x1.1x
Sun, 15 Dec 2024฿19.6b฿15.2b-฿98,315,428.0014.5x-199.6x1.3x
Tue, 12 Nov 2024฿21.6b฿15.6b-฿314,425,809.0020.7x-68.6x1.4x
Thu, 10 Oct 2024฿22.9b฿15.6b-฿314,425,809.0017.8x-73x1.5x
Sat, 07 Sep 2024฿22.1b฿15.6b-฿314,425,809.0016.8x-70.3x1.4x
Mon, 05 Aug 2024฿20.4b฿15.6b-฿103,111,058.0015.2x-197.5x1.3x
Wed, 03 Jul 2024฿21.9b฿15.4b-฿118,130,045.0014.3x-185.2x1.4x
Fri, 31 May 2024฿22.6b฿15.3b-฿15,139,373.0014.5x-1492.8x1.5x
Sun, 28 Apr 2024฿23.9b฿16.3b-฿231,785,778.0020.6x-103.2x1.5x
Tue, 26 Mar 2024฿25.0b฿16.3b-฿231,785,778.0021.1x-108x1.5x
Thu, 22 Feb 2024฿26.9b฿16.0b฿163.8m51.9x164.2x1.7x
Sat, 20 Jan 2024฿26.5b฿16.0b฿158.1m49.8x167.4x1.7x
Mon, 18 Dec 2023฿23.0b฿15.5b฿94.3m52.6x243.6x1.5x
Wed, 15 Nov 2023฿23.1b฿15.1b฿233.4m36.1x99x1.5x
Fri, 13 Oct 2023฿26.1b฿15.3b฿416.6m19.4x62.6x1.7x
Sun, 10 Sep 2023฿29.5b฿15.3b฿416.6m19.6x70.8x1.9x
Tue, 08 Aug 2023฿28.4b฿15.2b฿722.9m20.2x39.2x1.9x
Thu, 06 Jul 2023฿28.0b฿15.2b฿722.9m22.3x38.8x1.8x
Sat, 03 Jun 2023฿40.6b฿15.2b฿722.9m31x56.2x2.7x
Mon, 01 May 2023฿45.8b฿15.6b฿983.0m29.9x46.6x2.9x
Wed, 29 Mar 2023฿51.8b฿15.8b฿983.0m32x52.7x3.3x
Price to Earnings Ratio

52.7x


Total Market Cap: ฿51.8bTotal Earnings: ฿983.0mTotal Revenue: ฿15.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Commercial Services Industry Price to Earnings3Y Average -39.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Thai Commercial Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.98x.
Past Earnings Growth
  • Total earnings for the Commercial Services industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 3.2% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the Thai Industrials industry?

TH Market1.67%
Industrials-0.041%
Commercial Services-2.59%
Commercial Printing0.38%
Office Services and Supplies-0.63%
Diversified Support Services-3.89%
Environmental and Facilities Services-4.92%
Industry PE
  • Investors are most optimistic about the Office Services and Supplies industry, which is trading close to its 3-year average PE ratio of 9.5x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Support Services industry, expecting annual earnings growth of 115% over the next 5 years.
  • This is better than its past earnings decline of 44% per year.
  • In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 13% 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
TKS T.K.S. Technologies฿6.401.6%
+฿48.2m
11.3%PE11.1x
SLP Salee Printing฿0.415.1%
+฿24.0m
-4.7%PE12x
GENCO General Environmental Conservation฿0.293.6%
+฿11.1m
-3.3%PE7.4x
UBA Utility Business Alliance฿1.070.9%
+฿6.0m
12.6%PE10.2x
SIAM Siam Steel International฿0.661.5%
+฿5.9m
-13.2%PE14.4x

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