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Thai (SET) Chemicals Industry Analysis
UpdatedJan 11, 2026
DataAggregated Company Financials
Companies32
- 7D4.1%
- 3M-12.6%
- 1Y-13.9%
- YTD3.0%
The Chemicals industry is up 4.1% in the last week, with PTT Global Chemical up 5.7%. In contrast, the industry has lost 14% in the last 12 months. Earnings are forecast to grow by 89% annually.
Industry Valuation and Performance
Has the Thai Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 11 Jan 2026 | ฿280.7b | ฿1.1t | -฿15,025,220,095.00 | 11.6x | -18.7x | 0.2x |
| Tue, 09 Dec 2025 | ฿259.2b | ฿1.1t | -฿15,025,220,095.00 | 11.1x | -17.2x | 0.2x |
| Thu, 06 Nov 2025 | ฿281.1b | ฿1.2t | -฿33,681,891,354.00 | 11.3x | -8.3x | 0.2x |
| Sat, 04 Oct 2025 | ฿327.2b | ฿1.2t | -฿33,479,677,354.00 | 12.7x | -9.8x | 0.3x |
| Mon, 01 Sep 2025 | ฿333.9b | ฿1.2t | -฿33,424,425,479.00 | 13x | -10x | 0.3x |
| Wed, 30 Jul 2025 | ฿324.7b | ฿1.3t | -฿48,046,023,856.00 | 13x | -6.8x | 0.3x |
| Fri, 27 Jun 2025 | ฿287.8b | ฿1.3t | -฿48,046,023,856.00 | 12.2x | -6x | 0.2x |
| Sun, 25 May 2025 | ฿286.6b | ฿1.3t | -฿50,197,402,810.00 | 11.6x | -5.7x | 0.2x |
| Tue, 22 Apr 2025 | ฿270.1b | ฿1.3t | -฿45,640,905,256.00 | 10.3x | -5.9x | 0.2x |
| Thu, 20 Mar 2025 | ฿306.0b | ฿1.3t | -฿45,640,905,256.00 | 12.2x | -6.7x | 0.2x |
| Sat, 15 Feb 2025 | ฿315.8b | ฿1.3t | -฿43,358,005,940.00 | 10.5x | -7.3x | 0.2x |
| Mon, 13 Jan 2025 | ฿334.8b | ฿1.3t | -฿43,463,164,463.00 | 12.4x | -7.7x | 0.2x |
| Wed, 11 Dec 2024 | ฿366.9b | ฿1.3t | -฿43,463,164,463.00 | 12.9x | -8.4x | 0.3x |
| Fri, 08 Nov 2024 | ฿393.1b | ฿1.3t | -฿39,668,418,502.00 | 13x | -9.9x | 0.3x |
| Sun, 06 Oct 2024 | ฿389.2b | ฿1.3t | -฿18,929,609,061.00 | 14.4x | -20.6x | 0.3x |
| Tue, 03 Sep 2024 | ฿336.0b | ฿1.3t | -฿18,929,609,061.00 | 13.3x | -17.7x | 0.2x |
| Thu, 01 Aug 2024 | ฿352.6b | ฿1.3t | -฿2,993,335,294.00 | 13.1x | -117.8x | 0.3x |
| Sat, 29 Jun 2024 | ฿378.8b | ฿1.3t | -฿2,993,335,294.00 | 14.1x | -126.5x | 0.3x |
| Mon, 27 May 2024 | ฿448.3b | ฿1.3t | -฿831,253,286.00 | 16.6x | -539.3x | 0.3x |
| Wed, 24 Apr 2024 | ฿452.0b | ฿1.3t | -฿594,511,403.00 | 16.2x | -760.3x | 0.3x |
| Fri, 22 Mar 2024 | ฿452.7b | ฿1.3t | -฿594,511,403.00 | 16.4x | -761.5x | 0.3x |
| Sun, 18 Feb 2024 | ฿441.5b | ฿1.3t | ฿16.4m | 19.5x | 26971x | 0.3x |
| Tue, 16 Jan 2024 | ฿469.6b | ฿1.3t | -฿6,660,266,053.00 | 20.7x | -70.5x | 0.4x |
| Thu, 14 Dec 2023 | ฿458.4b | ฿1.3t | -฿6,660,266,053.00 | 19.9x | -68.8x | 0.4x |
| Sat, 11 Nov 2023 | ฿453.9b | ฿1.3t | -฿631,833,298.00 | 18.5x | -718.4x | 0.3x |
| Mon, 09 Oct 2023 | ฿457.3b | ฿1.4t | -฿11,894,491,686.00 | 21.3x | -38.4x | 0.3x |
| Wed, 06 Sep 2023 | ฿509.0b | ฿1.4t | -฿11,894,491,686.00 | 22.5x | -42.8x | 0.4x |
| Fri, 04 Aug 2023 | ฿530.0b | ฿1.5t | ฿16.3b | 17.5x | 32.4x | 0.4x |
| Sun, 02 Jul 2023 | ฿534.3b | ฿1.5t | ฿16.3b | 19x | 32.7x | 0.4x |
| Tue, 30 May 2023 | ฿531.4b | ฿1.5t | ฿17.1b | 20.1x | 31x | 0.4x |
| Thu, 27 Apr 2023 | ฿554.0b | ฿1.5t | ฿33.6b | 14.5x | 16.5x | 0.4x |
| Sat, 25 Mar 2023 | ฿598.9b | ฿1.5t | ฿33.6b | 14.7x | 17.8x | 0.4x |
| Mon, 20 Feb 2023 | ฿643.2b | ฿1.5t | ฿53.8b | 17.9x | 12x | 0.4x |
| Wed, 18 Jan 2023 | ฿678.2b | ฿1.5t | ฿58.6b | 17.9x | 11.6x | 0.5x |
Price to Earnings Ratio
11.6x
Current Industry PE
- Investors are pessimistic on the Thai Chemicals 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 0.31x.
Past Earnings Growth
- Total earnings for the Chemicals industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 8.9% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Thai Materials industry?
| TH Market | -0.47% | |
| Materials | 5.17% | |
| Chemicals | 4.09% | |
| Commodity Chemicals | 4.20% | |
| Fertilizers and Agricultural Chemicals | 0.35% | |
| Specialty Chemicals | -0.22% | |
Industry PE
- Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry even though it's trading below its 3-year average PE ratio of 16.2x.
- 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 Commodity Chemicals industry, expecting annual earnings growth of 89% over the next 5 years.
- This is better than its past earnings growth rate of 22% per year.
- In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 89% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PTTGC PTT Global Chemical | ฿22.20 | 5.7% +฿5.4b | -3.5% | PS0.2x | |
| IVL Indorama Ventures | ฿16.80 | 4.3% +฿3.9b | -25.0% | PS0.2x | |
| TOA TOA Paint (Thailand) | ฿14.10 | 3.7% +฿969.3m | 0.7% | PE10.8x | |
| BCT Birla Carbon (Thailand) | ฿53.00 | 2.9% +฿450.0m | -24.3% | PE5.2x | |
| EPG Eastern Polymer Group | ฿2.94 | 3.5% +฿280.0m | -17.4% | PE8.3x |