Header cover image

Thai (SET) Commercial Services Industry Analysis

UpdatedFeb 24, 2026
DataAggregated Company Financials
Companies17
  • 7D1.7%
  • 3M2.2%
  • 1Y-9.3%
  • YTD4.6%

Over the last 7 days, the Commercial Services industry has risen 1.7%, driven by gains from Better World Green of 14%. However, the industry is down 9.3% over the past year. 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
Tue, 24 Feb 2026฿14.6b฿14.5b-฿1,029,797,139.0010.7x-14.2x1x
Thu, 22 Jan 2026฿13.6b฿14.5b-฿1,029,750,864.0010.4x-13.2x0.9x
Sat, 20 Dec 2025฿13.6b฿14.5b-฿1,029,750,864.009.5x-13.2x0.9x
Mon, 17 Nov 2025฿13.9b฿14.6b-฿960,981,867.009.5x-14.4x1x
Wed, 15 Oct 2025฿14.7b฿14.6b-฿415,819,938.0010.2x-35.4x1x
Fri, 12 Sep 2025฿14.8b฿14.0b฿273.3m11.2x54.2x1.1x
Sun, 10 Aug 2025฿14.0b฿14.8b-฿403,257,716.008.9x-34.6x0.9x
Tue, 08 Jul 2025฿13.7b฿14.8b-฿405,801,716.009.7x-33.7x0.9x
Thu, 05 Jun 2025฿13.9b฿14.8b-฿405,801,716.009.3x-34.3x0.9x
Sat, 03 May 2025฿15.2b฿15.0b-฿406,796,665.0011x-37.4x1x
Mon, 31 Mar 2025฿16.1b฿15.0b-฿406,796,665.0011.6x-39.5x1.1x
Wed, 26 Feb 2025฿15.8b฿15.3b-฿71,670,588.0011x-220.8x1x
Fri, 24 Jan 2025฿17.2b฿15.2b-฿98,315,428.0012.1x-175.1x1.1x
Sun, 22 Dec 2024฿18.3b฿15.2b-฿98,315,428.0012.4x-186.3x1.2x
Tue, 19 Nov 2024฿20.4b฿15.6b-฿17,910,918.0013.9x-1139.5x1.3x
Thu, 17 Oct 2024฿23.0b฿15.6b-฿314,425,809.0018x-73.2x1.5x
Sat, 14 Sep 2024฿23.7b฿15.6b-฿314,425,809.0017x-75.2x1.5x
Mon, 12 Aug 2024฿19.7b฿15.7b-฿80,382,398.0014.4x-245.6x1.3x
Wed, 10 Jul 2024฿22.6b฿15.4b-฿118,130,045.0014.4x-191.1x1.5x
Fri, 07 Jun 2024฿21.8b฿15.5b-฿118,936,045.0013.9x-183.2x1.4x
Sun, 05 May 2024฿24.1b฿16.3b-฿231,785,778.0021x-104x1.5x
Tue, 02 Apr 2024฿25.0b฿16.3b-฿231,785,778.0021.6x-107.9x1.5x
Thu, 29 Feb 2024฿26.5b฿16.2b-฿146,913,173.0021.5x-180.7x1.6x
Sat, 27 Jan 2024฿26.3b฿16.0b฿158.1m49x166.4x1.6x
Mon, 25 Dec 2023฿24.1b฿15.5b฿94.3m51.3x255.9x1.6x
Wed, 22 Nov 2023฿23.6b฿15.6b฿93.5m54.3x252.5x1.5x
Fri, 20 Oct 2023฿24.7b฿15.3b฿416.6m19.1x59.3x1.6x
Sun, 17 Sep 2023฿28.7b฿15.3b฿416.6m19.5x68.9x1.9x
Tue, 15 Aug 2023฿28.2b฿15.5b฿681.7m21.2x41.3x1.8x
Thu, 13 Jul 2023฿26.8b฿15.2b฿722.9m22.3x37.1x1.8x
Sat, 10 Jun 2023฿39.5b฿15.2b฿722.9m30.2x54.7x2.6x
Mon, 08 May 2023฿45.8b฿15.6b฿983.0m30.7x46.6x2.9x
Wed, 05 Apr 2023฿49.8b฿15.8b฿983.0m31x50.7x3.2x
Fri, 03 Mar 2023฿53.5b฿15.5b฿1.0b31x51.2x3.5x
Price to Earnings Ratio

51.2x


Total Market Cap: ฿53.5bTotal Earnings: ฿1.0bTotal Revenue: ฿15.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Commercial Services Industry Price to Earnings3Y Average -37.8x202420252026
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 Market2.94%
Industrials-1.92%
Commercial Services1.71%
Environmental and Facilities Services6.17%
Office Services and Supplies1.81%
Diversified Support Services-0.14%
Commercial Printing-0.44%
Industry PE
  • Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 7.5x.
    • 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 Environmental and Facilities Services industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • 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฿0.3210.3%
+฿191.4m
33.3%PE5.1x
JPARK Jenkongklai฿3.263.8%
+฿48.0m
-37.9%PE15.7x
TNDT Thai Nondestructive Testing฿0.1614.3%
+฿34.6m
-20.0%PS0.8x
ROCK Rockworth฿11.5015.0%
+฿30.0m
4.5%PE4.8x
K Kingsmen C.M.T.I฿1.082.9%
+฿15.2m
-11.5%PS0.6x

Latest News