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Thai (SET) Commercial Services Industry Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies17
  • 7D0.7%
  • 3M1.0%
  • 1Y-10.6%
  • YTD-1.3%

The Commercial Services industry has been flat over the last week, but Better World Green has lost 6.5%. As for the longer term, the industry has declined 11% in the last year. Earnings are forecast to grow by 115% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026฿13.8b฿14.3b-฿604,993,124.0011.1x-22.8x1x
Thu, 19 Mar 2026฿14.0b฿14.3b-฿604,993,124.0011.1x-23.2x1x
Sat, 14 Feb 2026฿14.2b฿14.5b-฿1,029,750,864.0010.8x-13.8x1x
Mon, 12 Jan 2026฿13.6b฿14.5b-฿1,029,750,864.009.8x-13.2x0.9x
Wed, 10 Dec 2025฿13.8b฿14.5b-฿1,029,750,864.009.5x-13.4x1x
Fri, 07 Nov 2025฿14.4b฿14.6b-฿411,401,938.008.9x-34.9x1x
Sun, 05 Oct 2025฿14.4b฿14.0b฿273.3m10.2x52.6x1x
Tue, 02 Sep 2025฿13.8b฿14.0b฿273.3m10.2x50.6x1x
Thu, 31 Jul 2025฿13.7b฿14.8b-฿405,801,716.009.6x-33.8x0.9x
Sat, 28 Jun 2025฿13.6b฿14.8b-฿405,801,716.009.2x-33.5x0.9x
Mon, 26 May 2025฿14.5b฿14.8b-฿386,500,046.009.6x-37.4x1x
Wed, 23 Apr 2025฿15.4b฿15.0b-฿406,796,665.0010.9x-37.9x1x
Fri, 21 Mar 2025฿16.5b฿15.0b-฿406,796,665.0012.2x-40.5x1.1x
Sun, 16 Feb 2025฿15.8b฿15.3b-฿97,765,338.0011.4x-161.2x1x
Tue, 14 Jan 2025฿17.6b฿14.7b฿38.6m12.1x457.5x1.2x
Thu, 12 Dec 2024฿19.7b฿15.2b-฿98,315,428.0014.8x-200.8x1.3x
Sat, 09 Nov 2024฿22.1b฿15.6b-฿314,425,809.0020.7x-70.4x1.4x
Mon, 07 Oct 2024฿23.0b฿15.6b-฿314,425,809.0019.9x-73x1.5x
Wed, 04 Sep 2024฿21.2b฿15.6b-฿314,425,809.0015.9x-67.5x1.4x
Fri, 02 Aug 2024฿20.6b฿15.6b-฿105,337,813.0015.2x-195.6x1.3x
Sun, 30 Jun 2024฿21.9b฿15.4b-฿118,130,045.0013.4x-185.3x1.4x
Tue, 28 May 2024฿23.1b฿15.3b-฿14,320,373.0014.9x-1613.4x1.5x
Thu, 25 Apr 2024฿24.1b฿16.3b-฿231,785,778.0020.4x-103.9x1.5x
Sat, 23 Mar 2024฿25.8b฿16.3b-฿231,785,778.0021.1x-111.2x1.6x
Mon, 19 Feb 2024฿27.1b฿16.0b฿158.1m51.8x171.4x1.7x
Wed, 17 Jan 2024฿27.4b฿16.0b฿158.1m51.4x173.2x1.7x
Fri, 15 Dec 2023฿22.6b฿15.5b฿94.3m52.6x240x1.5x
Sun, 12 Nov 2023฿23.5b฿15.3b฿423.1m17.6x55.5x1.5x
Tue, 10 Oct 2023฿25.5b฿15.3b฿416.6m19.2x61.3x1.7x
Thu, 07 Sep 2023฿29.2b฿15.3b฿416.6m20x70x1.9x
Sat, 05 Aug 2023฿28.6b฿15.2b฿722.9m20.2x39.6x1.9x
Mon, 03 Jul 2023฿27.7b฿15.2b฿722.9m22.3x38.3x1.8x
Wed, 31 May 2023฿39.9b฿15.2b฿722.9m25.3x55.1x2.6x
Fri, 28 Apr 2023฿45.7b฿15.6b฿983.0m29.7x46.5x2.9x
Price to Earnings Ratio

46.5x


Total Market Cap: ฿45.7bTotal Earnings: ฿983.0mTotal Revenue: ฿15.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Commercial Services Industry Price to Earnings3Y Average -41.4x202420252026
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 0.96x.
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 2.7% per year, which is driving profits down.

Industry Trends

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

TH Market-1.66%
Industrials0.91%
Commercial Services0.71%
Office Services and Supplies2.23%
Diversified Support Services1.20%
Commercial Printing0.93%
Environmental and Facilities Services-0.20%
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 10.5x.
    • 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 Diversified Support Services industry is expected to see its earnings grow by 115% 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
GENCO General Environmental Conservation฿0.3322.2%
+฿66.5m
17.9%PE8.4x
KWC Krungdhep Sophon฿281.004.1%
+฿66.0m
-3.4%PE17.3x
TKS T.K.S. Technologies฿6.551.6%
+฿48.2m
19.1%PE11.4x
PTECH Plus Tech Innovation฿1.453.6%
+฿18.4m
52.6%PS2.4x
JPARK Jenkongklai฿2.981.4%
+฿16.0m
-40.2%PE14.3x

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