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Thai (SET) Construction Industry Analysis

UpdatedJun 06, 2025
DataAggregated Company Financials
Companies41
  • 7D-2.7%
  • 3M8.7%
  • 1Y-36.9%
  • YTD-23.6%

Over the last 7 days, the Construction industry has dropped 3.8%, driven by PSG Corporation declining 6.6%. In contrast, Sriracha Construction has gained 12%. Overall the industry is down 38% in 12 months. Looking forward, earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

Has the Thai Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 06 Jun 2025฿89.0b฿233.5b-฿2,118,604,391.0012.1x-42x0.4x
Sun, 04 May 2025฿91.5b฿248.4b-฿7,641,222,215.0015.1x-12x0.4x
Tue, 01 Apr 2025฿76.3b฿248.4b-฿7,641,222,215.0012.6x-10x0.3x
Thu, 27 Feb 2025฿82.5b฿221.4b-฿3,883,462,765.0010.4x-21.2x0.4x
Sat, 25 Jan 2025฿101.0b฿221.7b-฿3,988,839,322.0011.5x-25.3x0.5x
Mon, 23 Dec 2024฿111.6b฿221.7b-฿3,988,839,322.0013.6x-28x0.5x
Wed, 20 Nov 2024฿121.5b฿259.6b-฿2,142,026,153.0012.7x-56.7x0.5x
Fri, 18 Oct 2024฿138.6b฿260.7b-฿2,566,898,939.0017.1x-54x0.5x
Sun, 15 Sep 2024฿143.1b฿260.7b-฿2,566,898,939.0017.8x-55.7x0.5x
Tue, 13 Aug 2024฿121.3b฿255.3b฿660.8m17.1x183.6x0.5x
Thu, 11 Jul 2024฿134.9b฿255.6b฿462.2m18.7x291.9x0.5x
Sat, 08 Jun 2024฿139.1b฿254.7b฿851.5m17.6x163.3x0.5x
Mon, 06 May 2024฿147.8b฿252.2b-฿3,819,583.0021x-38684.7x0.6x
Wed, 03 Apr 2024฿152.9b฿252.2b-฿3,819,583.0022.1x-40023.4x0.6x
Fri, 01 Mar 2024฿156.9b฿253.1b฿130.4m20x1202.8x0.6x
Sun, 28 Jan 2024฿145.6b฿249.5b฿436.5m16.6x333.7x0.6x
Tue, 26 Dec 2023฿144.8b฿249.5b฿436.5m15.8x331.7x0.6x
Thu, 23 Nov 2023฿151.8b฿248.9b฿396.3m16.7x383.2x0.6x
Sat, 21 Oct 2023฿150.8b฿240.2b-฿743,927,412.0025.9x-202.7x0.6x
Mon, 18 Sep 2023฿180.5b฿240.2b-฿743,927,412.0027.5x-242.6x0.8x
Wed, 16 Aug 2023฿179.9b฿234.0b-฿1,652,585,618.0026.5x-108.8x0.8x
Fri, 14 Jul 2023฿170.9b฿233.4b-฿1,751,809,528.0017.4x-97.6x0.7x
Sun, 11 Jun 2023฿174.4b฿236.5b-฿1,347,051,674.0019.4x-129.5x0.7x
Tue, 09 May 2023฿190.5b฿228.6b-฿2,414,746,143.0024.4x-78.9x0.8x
Thu, 06 Apr 2023฿202.3b฿228.6b-฿2,414,746,143.0027.8x-83.8x0.9x
Sat, 04 Mar 2023฿215.2b฿223.9b฿359.7m28.1x598.2x1x
Mon, 30 Jan 2023฿232.8b฿221.3b฿248.2m30.1x938.1x1.1x
Wed, 28 Dec 2022฿225.8b฿221.3b฿248.2m31.4x909.7x1x
Fri, 25 Nov 2022฿227.2b฿221.8b฿245.4m29.2x925.9x1x
Sun, 23 Oct 2022฿237.2b฿208.1b฿19.7m30.7x12017.2x1.1x
Tue, 20 Sep 2022฿248.9b฿208.1b฿19.7m33.1x12607.5x1.2x
Thu, 18 Aug 2022฿215.8b฿191.4b฿352.8m26.2x611.7x1.1x
Sat, 16 Jul 2022฿201.6b฿203.8b฿630.9m24.7x319.5x1x
Mon, 13 Jun 2022฿216.8b฿202.0b฿491.7m27x440.9x1.1x
Price to Earnings Ratio

440.9x


Total Market Cap: ฿216.8bTotal Earnings: ฿491.7mTotal Revenue: ฿202.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Construction Industry Price to Earnings3Y Average -1479.9x202320242025
Current Industry PE
  • Investors are pessimistic on the Thai Construction industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
  • Total earnings for the Construction industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 4.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

TH Market-2.01%
Industrials-2.84%
Construction-2.71%
Construction and Engineering-2.71%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SRICHA Sriracha Construction฿7.908.2%
+฿185.9m
-20.6%PS2.1x
TRC TRC Construction฿0.593.5%
+฿106.5m
-76.6%PS0.6x
SEAFCO Seafco฿2.083.0%
+฿47.4m
2.0%PS1.6x
JR J.R.W. Utility฿1.762.3%
+฿30.4m
-58.7%PE21.1x
DEMCO Demco฿1.821.7%
+฿22.5m
-50.8%PS0.4x
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Latest News

TRC

฿0.59

TRC Construction

7D

3.5%

1Y

-76.6%

TKC

฿10.40

Turnkey Communication Services

7D

-2.8%

1Y

-26.2%

ITD

฿0.28

Italian-Thai Development

7D

-6.7%

1Y

-58.8%

CNT

฿0.97

Christiani & Nielsen (Thai)

7D

-8.5%

1Y

-16.4%

HYDRO

฿1.20

Hydrotek

7D

-22.6%

1Y

-61.5%

CK

฿14.20

CH. Karnchang

7D

-4.7%

1Y

-30.7%

RT

฿0.28

Right Tunnelling

7D

3.7%

1Y

-47.2%

SYNTEC

฿1.66

Syntec Construction

7D

0.6%

1Y

-1.8%

SRICHA

฿7.90

Sriracha Construction

7D

8.2%

1Y

-20.6%

PSG

฿1.05

PSG Corporation

7D

-13.2%

1Y

-56.3%

DEMCO

฿1.82

Demco

7D

1.7%

1Y

-50.8%

CIVIL

฿1.31

Civil Engineering

7D

-4.4%

1Y

-21.6%

JR

฿1.76

J.R.W. Utility

7D

2.3%

1Y

-58.7%

SEAFCO

฿2.08

Seafco

7D

3.0%

1Y

2.0%

TEKA

฿1.75

Teka Construction

7D

3.6%

1Y

-21.2%

STECON

฿7.30

Stecon Group

7D

-1.4%

1Y

-18.4%