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Thai (SET) Commercial Services Industry Analysis

UpdatedFeb 22, 2026
DataAggregated Company Financials
Companies17
  • 7D1.8%
  • 3M3.1%
  • 1Y-10.6%
  • YTD4.7%

Over the last 7 days, the Commercial Services industry has risen 1.8%, driven by gains from Better World Green of 6.9%. In the past year, the industry is down 11%. Looking forward, earnings are forecast to grow by 9.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Feb 2026฿14.6b฿14.5b-฿1,029,797,139.0010.6x-14.2x1x
Tue, 20 Jan 2026฿13.5b฿14.5b-฿1,029,750,864.0010x-13.1x0.9x
Thu, 18 Dec 2025฿13.8b฿14.5b-฿1,029,750,864.009.6x-13.4x1x
Sat, 15 Nov 2025฿13.9b฿14.6b-฿356,483,696.009.5x-38.9x1x
Mon, 13 Oct 2025฿14.9b฿14.6b-฿415,819,938.0010.4x-35.9x1x
Wed, 10 Sep 2025฿14.5b฿14.0b฿273.3m10.4x53.2x1x
Fri, 08 Aug 2025฿13.9b฿14.8b-฿405,801,716.009.4x-34.2x0.9x
Sun, 06 Jul 2025฿13.7b฿14.8b-฿405,801,716.009.6x-33.7x0.9x
Tue, 03 Jun 2025฿14.1b฿14.8b-฿405,801,716.009.8x-34.7x1x
Thu, 01 May 2025฿15.4b฿15.0b-฿406,796,665.0010.8x-37.9x1x
Sat, 29 Mar 2025฿16.1b฿15.0b-฿406,796,665.0011.6x-39.5x1.1x
Mon, 24 Feb 2025฿16.4b฿15.2b-฿87,609,092.0011.1x-187.6x1.1x
Wed, 22 Jan 2025฿16.7b฿15.2b-฿98,315,428.0011.8x-169.9x1.1x
Fri, 20 Dec 2024฿18.4b฿15.2b-฿98,315,428.0013x-186.7x1.2x
Sun, 17 Nov 2024฿20.4b฿15.6b-฿19,371,918.0013.9x-1054.4x1.3x
Tue, 15 Oct 2024฿22.8b฿15.6b-฿314,425,809.0017.8x-72.6x1.5x
Thu, 12 Sep 2024฿22.5b฿15.6b-฿314,425,809.0017x-71.5x1.4x
Sat, 10 Aug 2024฿19.7b฿15.6b-฿101,008,813.0014.4x-195.5x1.3x
Mon, 08 Jul 2024฿22.3b฿15.4b-฿118,130,045.0014.5x-188.9x1.4x
Wed, 05 Jun 2024฿21.9b฿15.3b-฿17,287,373.0014.3x-1267.5x1.4x
Fri, 03 May 2024฿24.1b฿16.3b-฿231,785,778.0021.3x-104x1.5x
Sun, 31 Mar 2024฿25.0b฿16.3b-฿231,785,778.0021.3x-107.9x1.5x
Tue, 27 Feb 2024฿26.7b฿16.2b฿143.7m36.3x185.5x1.6x
Thu, 25 Jan 2024฿26.3b฿16.0b฿158.1m49x166.5x1.6x
Sat, 23 Dec 2023฿24.1b฿15.5b฿94.3m51.3x255.9x1.6x
Mon, 20 Nov 2023฿23.6b฿15.4b฿93.5m54.6x252.8x1.5x
Wed, 18 Oct 2023฿26.1b฿15.3b฿416.6m19.5x62.7x1.7x
Fri, 15 Sep 2023฿29.1b฿15.3b฿416.6m19.5x69.7x1.9x
Sun, 13 Aug 2023฿28.2b฿15.5b฿686.9m20.8x41x1.8x
Tue, 11 Jul 2023฿27.7b฿15.2b฿722.9m22.3x38.4x1.8x
Thu, 08 Jun 2023฿39.7b฿15.2b฿722.9m30.2x54.9x2.6x
Sat, 06 May 2023฿46.0b฿15.6b฿983.0m30.7x46.8x3x
Mon, 03 Apr 2023฿50.6b฿15.8b฿983.0m30.9x51.5x3.2x
Wed, 01 Mar 2023฿53.0b฿15.5b฿1.0b29.9x50.7x3.4x
Price to Earnings Ratio

50.7x


Total Market Cap: ฿53.0bTotal Earnings: ฿1.0bTotal Revenue: ฿15.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Commercial Services Industry Price to Earnings3Y Average -37.7x202420252026
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 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 7.3x.
    • 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

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