Narrative Update • May 07
Have your own idea? Try our Stock Screener
Thai (SET) Construction Materials Industry Analysis
UpdatedMay 20, 2026
DataAggregated Company Financials
Companies17
- 7D-0.4%
- 3M0.2%
- 1Y21.6%
- YTDn/a
Over the last 7 days, the Construction Materials industry has dropped 1.1%, driven by a pullback from Siam Cement of 0.9%. This takes the industry's 12 month performance to a gain of 21%. As for the next few years, earnings are forecast to decline by 1.2% per annum.
Industry Valuation and Performance
Has the Thai Construction Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 20 May 2026 | ฿363.8b | ฿631.6b | ฿27.1b | 11.2x | 13.4x | 0.6x |
| Fri, 17 Apr 2026 | ฿360.7b | ฿632.8b | ฿21.4b | 11.9x | 16.8x | 0.6x |
| Sun, 15 Mar 2026 | ฿301.5b | ฿632.8b | ฿21.4b | 11.9x | 14.1x | 0.5x |
| Tue, 10 Feb 2026 | ฿355.7b | ฿635.7b | ฿24.0b | 9.3x | 14.8x | 0.6x |
| Thu, 08 Jan 2026 | ฿332.6b | ฿640.1b | ฿27.2b | 8.9x | 12.2x | 0.5x |
| Sat, 06 Dec 2025 | ฿312.1b | ฿640.1b | ฿27.2b | 8.8x | 11.5x | 0.5x |
| Mon, 03 Nov 2025 | ฿337.0b | ฿641.4b | ฿27.1b | 9.9x | 12.4x | 0.5x |
| Wed, 01 Oct 2025 | ฿373.0b | ฿647.8b | ฿28.5b | 10.4x | 13.1x | 0.6x |
| Fri, 29 Aug 2025 | ฿353.2b | ฿647.8b | ฿28.5b | 10.3x | 12.4x | 0.5x |
| Sun, 27 Jul 2025 | ฿338.6b | ฿646.9b | ฿14.7b | 8.5x | 23.1x | 0.5x |
| Tue, 24 Jun 2025 | ฿277.0b | ฿646.9b | ฿14.7b | 8.1x | 18.9x | 0.4x |
| Thu, 22 May 2025 | ฿306.0b | ฿647.0b | ฿14.7b | 8.6x | 20.8x | 0.5x |
| Sat, 19 Apr 2025 | ฿286.6b | ฿641.9b | ฿16.0b | 8.2x | 18x | 0.4x |
| Mon, 17 Mar 2025 | ฿312.8b | ฿641.9b | ฿16.0b | 8.8x | 19.6x | 0.5x |
| Wed, 12 Feb 2025 | ฿287.3b | ฿637.8b | ฿13.5b | 9.2x | 21.2x | 0.5x |
| Fri, 10 Jan 2025 | ฿300.2b | ฿628.2b | ฿13.0b | 9.6x | 23x | 0.5x |
| Sun, 08 Dec 2024 | ฿341.2b | ฿628.2b | ฿13.0b | 10.2x | 26.2x | 0.5x |
| Tue, 05 Nov 2024 | ฿371.8b | ฿629.4b | ฿14.1b | 8.5x | 26.3x | 0.6x |
| Thu, 03 Oct 2024 | ฿414.3b | ฿626.8b | ฿15.8b | 9.6x | 26.1x | 0.7x |
| Sat, 31 Aug 2024 | ฿393.2b | ฿626.8b | ฿15.8b | 8.7x | 24.8x | 0.6x |
| Mon, 29 Jul 2024 | ฿379.3b | ฿633.8b | ฿17.0b | 9.3x | 22.3x | 0.6x |
| Wed, 26 Jun 2024 | ฿385.0b | ฿630.3b | ฿21.4b | 9.5x | 18x | 0.6x |
| Fri, 24 May 2024 | ฿415.2b | ฿630.2b | ฿21.4b | 10.6x | 19.4x | 0.7x |
| Sun, 21 Apr 2024 | ฿405.6b | ฿640.9b | ฿36.0b | 10.5x | 11.3x | 0.6x |
| Tue, 19 Mar 2024 | ฿441.8b | ฿640.9b | ฿36.0b | 10.8x | 12.3x | 0.7x |
| Thu, 15 Feb 2024 | ฿439.6b | ฿644.9b | ฿37.7b | 12.3x | 11.7x | 0.7x |
| Sat, 13 Jan 2024 | ฿466.5b | ฿649.1b | ฿37.1b | 12.3x | 12.6x | 0.7x |
| Mon, 11 Dec 2023 | ฿465.8b | ฿649.1b | ฿37.1b | 11.3x | 12.5x | 0.7x |
| Wed, 08 Nov 2023 | ฿471.8b | ฿650.6b | ฿37.9b | 12.7x | 12.5x | 0.7x |
| Fri, 06 Oct 2023 | ฿478.7b | ฿669.4b | ฿38.0b | 12.8x | 12.6x | 0.7x |
| Sun, 03 Sep 2023 | ฿497.9b | ฿669.4b | ฿38.0b | 14.2x | 13.1x | 0.7x |
| Tue, 01 Aug 2023 | ฿511.9b | ฿671.3b | ฿39.7b | 15x | 12.9x | 0.8x |
| Thu, 29 Jun 2023 | ฿505.4b | ฿699.2b | ฿41.5b | 14.7x | 12.2x | 0.7x |
| Sat, 27 May 2023 | ฿522.7b | ฿699.2b | ฿41.5b | 16x | 12.6x | 0.7x |
Price to Earnings Ratio
12.6x
Current Industry PE
- Investors are pessimistic on the Thai Construction Materials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 13.5x which is lower than its 3-year average PE of 16.5x.
- The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
- The earnings for companies in the Construction Materials industry have declined 13% per year over the last three years,
- Revenues have also declined 3.4% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Thai Construction Materials compare with similar industries?
| TH Market | 2.24% | |
| Materials | -1.04% | |
| Basic Materials | -0.44% | |
| Construction Materials | -0.44% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TPIPL TPI Polene | ฿0.84 | 2.4% +฿378.7m | -15.2% | PE7.5x | |
| SCCC Siam City Cement | ฿143.00 | 0.7% +฿298.0m | -5.3% | PE11.1x | |
| DRT Diamond Building Products | ฿4.88 | 4.3% +฿162.4m | -8.8% | PE11.2x | |
| SCP Southern Concrete Pile | ฿8.45 | 5.0% +฿112.9m | 35.2% | PE7.7x | |
| CCP Chonburi Concrete Product | ฿0.26 | 4.0% +฿27.7m | 30.0% | PE8.6x |