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Thai (SET) Commercial Services Industry Analysis

UpdatedMar 11, 2026
DataAggregated Company Financials
Companies17
  • 7D0.3%
  • 3M1.9%
  • 1Y-13.4%
  • YTD1.1%

Over the last 7 days, the Commercial Services industry has dropped 1.7%, driven by Plus Tech Innovation declining 10.0%. In contrast, Better World Green has gained 6.9%. Overall the industry is down 15% in 12 months. As for the next few years, earnings are expected to grow by 64% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 11 Mar 2026฿14.1b฿14.3b-฿792,937,483.0011.2x-17.8x1x
Fri, 06 Feb 2026฿13.6b฿14.5b-฿1,029,750,864.0010.6x-13.2x0.9x
Sun, 04 Jan 2026฿13.8b฿14.5b-฿1,029,750,864.009.7x-13.4x1x
Tue, 02 Dec 2025฿14.2b฿14.6b-฿1,057,979,864.009.7x-13.4x1x
Thu, 30 Oct 2025฿14.3b฿14.6b-฿415,819,938.009.2x-34.5x1x
Sat, 27 Sep 2025฿14.7b฿14.0b฿273.3m10.5x53.8x1x
Mon, 25 Aug 2025฿14.1b฿14.6b-฿415,819,938.0010.4x-33.9x1x
Wed, 23 Jul 2025฿13.6b฿14.8b-฿405,801,716.009.3x-33.5x0.9x
Fri, 20 Jun 2025฿13.6b฿14.8b-฿405,801,716.009.1x-33.6x0.9x
Sun, 18 May 2025฿15.3b฿14.8b-฿399,994,046.0010x-38.2x1x
Tue, 15 Apr 2025฿15.0b฿15.0b-฿406,796,665.0010.2x-36.9x1x
Thu, 13 Mar 2025฿16.0b฿15.0b-฿270,418,509.0012.7x-59.3x1.1x
Sat, 08 Feb 2025฿15.8b฿15.2b-฿98,315,428.0012.1x-160.9x1x
Mon, 06 Jan 2025฿18.6b฿15.3b-฿266,807,551.0013x-69.6x1.2x
Wed, 04 Dec 2024฿20.2b฿15.2b-฿98,315,428.0014.8x-205.3x1.3x
Fri, 01 Nov 2024฿22.2b฿15.6b-฿314,425,809.0018.6x-70.6x1.4x
Sun, 29 Sep 2024฿23.3b฿15.6b-฿314,425,809.0016.4x-74.2x1.5x
Tue, 27 Aug 2024฿21.8b฿15.8b-฿300,812,577.0016.6x-72.6x1.4x
Thu, 25 Jul 2024฿20.0b฿15.4b-฿118,130,045.0014.5x-169.5x1.3x
Sat, 22 Jun 2024฿21.3b฿15.4b-฿118,130,045.0013.5x-180.4x1.4x
Mon, 20 May 2024฿23.7b฿16.6b-฿183,537,327.0014.9x-128.9x1.4x
Wed, 17 Apr 2024฿25.1b฿16.3b-฿231,785,778.0021.5x-108.2x1.5x
Fri, 15 Mar 2024฿25.5b฿16.3b-฿231,785,778.0020.3x-110.2x1.6x
Sun, 11 Feb 2024฿26.4b฿16.0b฿158.1m47.7x167.1x1.6x
Tue, 09 Jan 2024฿24.7b฿15.5b฿94.3m52.3x261.7x1.6x
Thu, 07 Dec 2023฿23.6b฿15.5b฿94.3m52.3x250.5x1.5x
Sat, 04 Nov 2023฿24.1b฿15.3b฿416.6m18.2x57.9x1.6x
Mon, 02 Oct 2023฿27.2b฿15.3b฿416.6m19.3x65.2x1.8x
Wed, 30 Aug 2023฿29.6b฿15.3b฿416.6m20x70.9x1.9x
Fri, 28 Jul 2023฿28.4b฿15.2b฿722.9m20.8x39.2x1.9x
Sun, 25 Jun 2023฿28.2b฿15.2b฿722.9m23.6x39x1.8x
Tue, 23 May 2023฿45.1b฿15.9b฿802.3m28.4x56.2x2.8x
Thu, 20 Apr 2023฿48.1b฿15.6b฿983.0m30.2x48.9x3.1x
Sat, 18 Mar 2023฿51.0b฿15.9b฿998.5m31.3x51.1x3.2x
Price to Earnings Ratio

51.1x


Total Market Cap: ฿51.0bTotal Earnings: ฿998.5mTotal Revenue: ฿15.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Commercial Services Industry Price to Earnings3Y Average -38.7x202420252026
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 0.97x.
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 3.5% per year, which is driving profits down.

Industry Trends

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

TH Market-4.15%
Industrials-3.88%
Commercial Services0.26%
Environmental and Facilities Services4.03%
Commercial Printing-0.56%
Office Services and Supplies-1.33%
Diversified Support Services-2.44%
Industry PE
  • Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 9.0x.
    • 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 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฿0.3425.9%
+฿446.7m
21.4%PE4.9x
TKS T.K.S. Technologies฿6.554.0%
+฿120.4m
17.0%PE11.4x
JPARK Jenkongklai฿3.086.2%
+฿72.0m
-41.3%PE14.8x
CHAYO Chayo Group฿1.073.9%
+฿46.6m
-50.1%PS0.6x
SLP Salee Printing฿0.388.6%
+฿36.0m
-5.0%PE11.1x

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