Header cover image

Thai (SET) Commercial Services Industry Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies17
  • 7D1.8%
  • 3M3.1%
  • 1Y-10.6%
  • YTD4.7%

In the last week, the Commercial Services industry is up 4.4%, with Better World Green up 6.9%. However, the industry is down 6.6% over the past year. As for the next few years, earnings are expected to grow by 9.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Feb 2026฿14.6b฿14.5b-฿1,029,797,139.0010.6x-14.2x1x
Mon, 19 Jan 2026฿13.4b฿14.5b-฿1,029,750,864.0010.2x-13x0.9x
Wed, 17 Dec 2025฿13.8b฿14.5b-฿1,029,750,864.009.6x-13.4x0.9x
Fri, 14 Nov 2025฿14.0b฿14.6b-฿383,659,696.009.4x-36.6x1x
Sun, 12 Oct 2025฿14.9b฿14.6b-฿415,819,938.0010.4x-35.9x1x
Tue, 09 Sep 2025฿14.6b฿14.0b฿273.3m10.4x53.3x1x
Thu, 07 Aug 2025฿13.8b฿14.8b-฿405,801,716.009.2x-34.1x0.9x
Sat, 05 Jul 2025฿13.7b฿14.8b-฿405,801,716.009.6x-33.7x0.9x
Mon, 02 Jun 2025฿14.1b฿14.8b-฿405,801,716.009.8x-34.7x1x
Wed, 30 Apr 2025฿15.5b฿15.0b-฿406,796,665.0011.1x-38.2x1x
Fri, 28 Mar 2025฿16.3b฿15.0b-฿406,796,665.0011.6x-40.2x1.1x
Sun, 23 Feb 2025฿16.4b฿15.2b-฿87,609,092.0011.1x-187.6x1.1x
Tue, 21 Jan 2025฿16.6b฿15.2b-฿98,315,428.0012.1x-168.4x1.1x
Thu, 19 Dec 2024฿18.6b฿15.2b-฿98,315,428.0013x-189.6x1.2x
Sat, 16 Nov 2024฿20.4b฿15.7b-฿217,575,918.0016.4x-93.9x1.3x
Mon, 14 Oct 2024฿22.8b฿15.6b-฿314,425,809.0017.8x-72.6x1.5x
Wed, 11 Sep 2024฿22.5b฿15.6b-฿314,425,809.0017x-71.4x1.4x
Fri, 09 Aug 2024฿19.4b฿15.6b-฿101,008,813.0014.4x-192.2x1.2x
Sun, 07 Jul 2024฿22.3b฿15.4b-฿118,130,045.0014.5x-188.9x1.4x
Tue, 04 Jun 2024฿22.3b฿15.3b-฿17,287,373.0014.3x-1292x1.5x
Thu, 02 May 2024฿24.2b฿16.3b-฿231,785,778.0021.1x-104.2x1.5x
Sat, 30 Mar 2024฿25.0b฿16.3b-฿231,785,778.0021.3x-107.9x1.5x
Mon, 26 Feb 2024฿26.7b฿16.2b฿143.7m36.3x185.5x1.6x
Wed, 24 Jan 2024฿25.6b฿16.0b฿158.1m48.5x162.2x1.6x
Fri, 22 Dec 2023฿24.0b฿15.5b฿94.3m51.3x254.3x1.6x
Sun, 19 Nov 2023฿23.6b฿15.4b฿93.5m54.6x252.8x1.5x
Tue, 17 Oct 2023฿26.1b฿15.3b฿416.6m19.4x62.6x1.7x
Thu, 14 Sep 2023฿28.6b฿15.3b฿416.6m19.5x68.6x1.9x
Sat, 12 Aug 2023฿28.2b฿15.4b฿755.7m20.5x37.3x1.8x
Mon, 10 Jul 2023฿27.8b฿15.2b฿722.9m22.3x38.5x1.8x
Wed, 07 Jun 2023฿40.2b฿15.2b฿722.9m30.6x55.6x2.6x
Fri, 05 May 2023฿46.0b฿15.6b฿983.0m30.7x46.8x3x
Sun, 02 Apr 2023฿50.6b฿15.8b฿983.0m30.9x51.5x3.2x
Tue, 28 Feb 2023฿53.8b฿15.5b฿1.0b30.7x51.5x3.5x
Price to Earnings Ratio

51.5x


Total Market Cap: ฿53.8bTotal Earnings: ฿1.0bTotal Revenue: ฿15.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Commercial Services Industry Price to Earnings3Y Average -37.6x202420252026
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 1.5x is higher than the industry's current PS ratio of 1.0x.
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 2.2% per year, which is driving profits down.

Industry Trends

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

TH Market3.48%
Industrials0.67%
Commercial Services1.82%
Environmental and Facilities Services3.40%
Office Services and Supplies1.92%
Diversified Support Services1.43%
Commercial Printing0.83%
Industry PE
  • Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 7.0x.
    • 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 Environmental and Facilities Services industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Diversified Support Services industry is expected to see its earnings grow by 5.3% 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
BWG Better World Green฿0.316.9%
+฿127.6m
19.2%PE4.9x
SLP Salee Printing฿0.408.1%
+฿36.0m
21.2%PE9.2x
TNDT Thai Nondestructive Testing฿0.1515.4%
+฿34.6m
-28.6%PS0.7x
K Kingsmen C.M.T.I฿1.124.7%
+฿25.3m
-8.9%PS0.6x
PTECH Plus Tech Innovation฿1.763.5%
+฿22.0m
61.5%PS1.1x

Latest News