Narrative Update • May 07

Over the last 7 days, the Construction Materials industry has dropped 3.2%, driven by a pullback from Siam Cement of 4.2%. In the past year, the industry has gained 20%. Looking forward, earnings are forecast to decline by 1.3% per year.
Has the Thai Construction Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 12 May 2026 | ฿368.8b | ฿631.3b | ฿27.0b | 11.2x | 13.6x | 0.6x |
| Thu, 09 Apr 2026 | ฿341.4b | ฿632.8b | ฿21.4b | 11.9x | 15.9x | 0.5x |
| Sat, 07 Mar 2026 | ฿313.8b | ฿632.8b | ฿21.4b | 12x | 14.7x | 0.5x |
| Mon, 02 Feb 2026 | ฿340.5b | ฿635.7b | ฿24.0b | 9x | 14.2x | 0.5x |
| Wed, 31 Dec 2025 | ฿311.2b | ฿640.1b | ฿27.2b | 9x | 11.5x | 0.5x |
| Fri, 28 Nov 2025 | ฿314.3b | ฿640.1b | ฿27.2b | 8.8x | 11.6x | 0.5x |
| Sun, 26 Oct 2025 | ฿343.3b | ฿647.8b | ฿28.5b | 9.9x | 12.1x | 0.5x |
| Tue, 23 Sep 2025 | ฿364.6b | ฿647.8b | ฿28.5b | 10.9x | 12.8x | 0.6x |
| Thu, 21 Aug 2025 | ฿359.3b | ฿647.8b | ฿28.5b | 10.7x | 12.6x | 0.6x |
| Sat, 19 Jul 2025 | ฿324.3b | ฿646.9b | ฿14.7b | 8.4x | 22.1x | 0.5x |
| Mon, 16 Jun 2025 | ฿298.0b | ฿646.9b | ฿14.7b | 8.3x | 20.3x | 0.5x |
| Wed, 14 May 2025 | ฿315.2b | ฿641.7b | ฿14.5b | 8.5x | 21.8x | 0.5x |
| Fri, 11 Apr 2025 | ฿276.2b | ฿641.9b | ฿16.0b | 8.2x | 17.3x | 0.4x |
| Sun, 09 Mar 2025 | ฿293.4b | ฿642.0b | ฿16.0b | 9.2x | 18.4x | 0.5x |
| Tue, 04 Feb 2025 | ฿294.6b | ฿638.1b | ฿13.7b | 9.6x | 21.6x | 0.5x |
| Thu, 02 Jan 2025 | ฿318.3b | ฿628.2b | ฿13.0b | 10x | 24.4x | 0.5x |
| Sat, 30 Nov 2024 | ฿339.2b | ฿628.2b | ฿13.0b | 10.4x | 26x | 0.5x |
| Mon, 28 Oct 2024 | ฿365.0b | ฿626.8b | ฿15.8b | 8.8x | 23x | 0.6x |
| Wed, 25 Sep 2024 | ฿408.8b | ฿626.8b | ฿15.8b | 9.7x | 25.8x | 0.7x |
| Fri, 23 Aug 2024 | ฿366.4b | ฿626.8b | ฿15.8b | 8.7x | 23.1x | 0.6x |
| Sun, 21 Jul 2024 | ฿382.7b | ฿630.3b | ฿21.4b | 9.2x | 17.9x | 0.6x |
| Tue, 18 Jun 2024 | ฿381.0b | ฿630.3b | ฿21.4b | 9.1x | 17.8x | 0.6x |
| Thu, 16 May 2024 | ฿413.8b | ฿629.9b | ฿21.3b | 10.7x | 19.4x | 0.7x |
| Sat, 13 Apr 2024 | ฿428.2b | ฿640.9b | ฿36.0b | 10.7x | 11.9x | 0.7x |
| Mon, 11 Mar 2024 | ฿443.6b | ฿640.7b | ฿36.0b | 11x | 12.3x | 0.7x |
| Wed, 07 Feb 2024 | ฿449.2b | ฿647.6b | ฿35.8b | 12.7x | 12.5x | 0.7x |
| Fri, 05 Jan 2024 | ฿484.2b | ฿649.1b | ฿37.1b | 11.8x | 13x | 0.7x |
| Sun, 03 Dec 2023 | ฿461.0b | ฿649.1b | ฿37.1b | 11x | 12.4x | 0.7x |
| Tue, 31 Oct 2023 | ฿467.3b | ฿652.7b | ฿38.0b | 12.4x | 12.3x | 0.7x |
| Thu, 28 Sep 2023 | ฿483.4b | ฿669.4b | ฿38.0b | 13.6x | 12.7x | 0.7x |
| Sat, 26 Aug 2023 | ฿506.9b | ฿669.4b | ฿38.0b | 14.1x | 13.3x | 0.8x |
| Mon, 24 Jul 2023 | ฿507.3b | ฿699.2b | ฿41.5b | 15.4x | 12.2x | 0.7x |
| Wed, 21 Jun 2023 | ฿521.9b | ฿699.2b | ฿41.5b | 14.8x | 12.6x | 0.7x |
| Fri, 19 May 2023 | ฿530.8b | ฿698.9b | ฿41.4b | 17.3x | 12.8x | 0.8x |
12.8x
How does Thai Construction Materials compare with similar industries?
| TH Market | -0.30% | |
| Materials | -2.23% | |
| Basic Materials | -3.18% | |
| Construction Materials | -3.18% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SCCC Siam City Cement | ฿142.00 | 2.5% +฿1.0b | -7.5% | PE11x | |
| STX Stone One | ฿0.91 | 1.1% +฿3.1m | -26.0% | PE5.4x |