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Thai (SET) Commercial Services Industry Analysis

UpdatedMar 15, 2026
DataAggregated Company Financials
Companies17
  • 7D3.8%
  • 3M4.3%
  • 1Y-12.8%
  • YTD3.0%

The Commercial Services industry is up 3.8% in the last week, with Better World Green up 24%. In the past year, the industry is down 13%. 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, 15 Mar 2026฿14.4b฿14.3b-฿604,993,124.0011.2x-23.8x1x
Tue, 10 Feb 2026฿13.7b฿14.5b-฿1,029,750,864.0010.7x-13.3x0.9x
Thu, 08 Jan 2026฿13.8b฿14.5b-฿1,029,750,864.009.8x-13.4x1x
Sat, 06 Dec 2025฿14.1b฿14.5b-฿1,057,977,864.009.7x-13.3x1x
Mon, 03 Nov 2025฿14.5b฿14.6b-฿415,819,938.009.1x-34.9x1x
Wed, 01 Oct 2025฿14.5b฿14.0b฿273.3m10.3x53x1x
Fri, 29 Aug 2025฿14.4b฿14.6b-฿415,819,938.0010.2x-34.6x1x
Sun, 27 Jul 2025฿13.7b฿14.8b-฿405,801,716.009.1x-33.7x0.9x
Tue, 24 Jun 2025฿13.3b฿14.8b-฿405,801,716.008.7x-32.8x0.9x
Thu, 22 May 2025฿15.1b฿14.8b-฿386,500,046.009.4x-39x1x
Sat, 19 Apr 2025฿15.5b฿15.0b-฿406,796,665.0010.9x-38.1x1x
Mon, 17 Mar 2025฿16.4b฿15.0b-฿270,418,509.0013x-60.5x1.1x
Wed, 12 Feb 2025฿16.1b฿15.2b-฿98,315,428.0011.6x-163.8x1.1x
Fri, 10 Jan 2025฿17.9b฿15.3b-฿266,807,551.0012.1x-67.2x1.2x
Sun, 08 Dec 2024฿20.2b฿15.2b-฿98,315,428.0015.1x-205.1x1.3x
Tue, 05 Nov 2024฿22.3b฿15.6b-฿314,425,809.0020.7x-70.9x1.4x
Thu, 03 Oct 2024฿23.7b฿15.6b-฿314,425,809.0018.9x-75.5x1.5x
Sat, 31 Aug 2024฿20.9b฿15.6b-฿314,425,809.0015.9x-66.6x1.3x
Mon, 29 Jul 2024฿20.1b฿15.4b-฿118,130,045.0014.7x-170.1x1.3x
Wed, 26 Jun 2024฿22.1b฿15.4b-฿118,130,045.0013.8x-187x1.4x
Fri, 24 May 2024฿23.5b฿16.6b-฿183,537,327.0014.9x-128.2x1.4x
Sun, 21 Apr 2024฿23.3b฿16.3b-฿231,785,778.0019.8x-100.5x1.4x
Tue, 19 Mar 2024฿25.9b฿16.3b-฿231,785,778.0021.3x-111.6x1.6x
Thu, 15 Feb 2024฿27.3b฿16.0b฿158.1m51.1x172.9x1.7x
Sat, 13 Jan 2024฿27.5b฿16.0b฿158.1m50.9x173.8x1.7x
Mon, 11 Dec 2023฿23.5b฿15.5b฿94.3m52.6x249.4x1.5x
Wed, 08 Nov 2023฿23.4b฿15.3b฿416.6m18x56.2x1.5x
Fri, 06 Oct 2023฿26.9b฿15.3b฿416.6m20.7x64.5x1.8x
Sun, 03 Sep 2023฿29.2b฿15.3b฿416.6m20x70x1.9x
Tue, 01 Aug 2023฿28.9b฿15.2b฿722.9m20.8x40x1.9x
Thu, 29 Jun 2023฿27.2b฿15.2b฿722.9m20.8x37.6x1.8x
Sat, 27 May 2023฿47.5b฿15.9b฿802.3m28.1x59.2x3x
Mon, 24 Apr 2023฿47.5b฿15.6b฿983.0m30x48.4x3.1x
Wed, 22 Mar 2023฿50.9b฿15.8b฿983.0m32x51.8x3.2x
Price to Earnings Ratio

51.8x


Total Market Cap: ฿50.9bTotal Earnings: ฿983.0mTotal Revenue: ฿15.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Commercial Services Industry Price to Earnings3Y Average -39x202420252026
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 3.2% per year, which is driving profits down.

Industry Trends

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

TH Market-0.072%
Industrials-2.04%
Commercial Services3.79%
Environmental and Facilities Services12.34%
Commercial Printing0.21%
Diversified Support Services-0.031%
Office Services and Supplies-0.84%
Industry PE
  • Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 9.2x.
    • 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
BWG Better World Green฿0.3624.1%
+฿446.7m
20.0%PE5.2x
JPARK Jenkongklai฿3.082.0%
+฿24.0m
-42.4%PE14.8x
GENCO General Environmental Conservation฿0.287.7%
+฿22.2m
-6.7%PE7.2x
UBA Utility Business Alliance฿1.062.9%
+฿18.0m
10.4%PE10.1x
PTECH Plus Tech Innovation฿1.722.4%
+฿14.7m
102.4%PS2.9x

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