Header cover image

Thai (SET) Chemicals Industry Analysis

UpdatedAug 27, 2026
DataAggregated Company Financials
Companies32
  • 7D3.7%
  • 3M9.5%
  • 1Y27.8%
  • YTD55.8%

The Chemicals industry is up 1.3% in the last week, with PTT Global Chemical up 7.5%. Meanwhile, P.S.P. Specialties actually underperformed within the industry, shrinking 8.6% in the last week. This means that the industry has gained 21% over the past year. Looking forward, earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 27 Aug 2026฿424.3b฿1.1t฿10.9b11x38.8x0.4x
Sat, 25 Jul 2026฿423.6b฿1.1t-฿12,382,412,356.0010.5x-34.2x0.4x
Mon, 22 Jun 2026฿373.4b฿1.1t-฿12,382,412,356.0010.6x-30.2x0.3x
Wed, 20 May 2026฿392.3b฿1.1t-฿12,769,925,833.009.1x-30.7x0.4x
Fri, 17 Apr 2026฿388.4b฿1.1t-฿16,726,958,643.009.8x-23.2x0.4x
Sun, 15 Mar 2026฿320.1b฿1.1t-฿16,726,958,643.009x-19.1x0.3x
Tue, 10 Feb 2026฿325.0b฿1.1t-฿15,025,220,095.0011.5x-21.6x0.3x
Thu, 08 Jan 2026฿283.1b฿1.1t-฿15,025,220,095.0011.8x-18.8x0.2x
Sat, 06 Dec 2025฿261.0b฿1.1t-฿15,025,220,095.0011.3x-17.4x0.2x
Mon, 03 Nov 2025฿310.0b฿1.2t-฿33,479,677,354.0011.4x-9.3x0.3x
Wed, 01 Oct 2025฿331.2b฿1.2t-฿33,479,677,354.0012.8x-9.9x0.3x
Fri, 29 Aug 2025฿336.3b฿1.2t-฿33,424,425,479.0012.7x-10.1x0.3x
Sun, 27 Jul 2025฿307.9b฿1.3t-฿48,046,023,856.0012.8x-6.4x0.2x
Tue, 24 Jun 2025฿274.1b฿1.3t-฿48,046,023,856.0012.1x-5.7x0.2x
Thu, 22 May 2025฿290.1b฿1.3t-฿50,277,372,455.0011.5x-5.8x0.2x
Sat, 19 Apr 2025฿275.3b฿1.3t-฿45,640,905,256.0010.6x-6x0.2x
Mon, 17 Mar 2025฿305.1b฿1.3t-฿45,640,905,256.0011.9x-6.7x0.2x
Wed, 12 Feb 2025฿320.0b฿1.3t-฿43,326,909,978.0011.2x-7.4x0.2x
Fri, 10 Jan 2025฿334.3b฿1.3t-฿43,463,164,463.0011.9x-7.7x0.2x
Sun, 08 Dec 2024฿366.3b฿1.3t-฿43,463,164,463.0013.1x-8.4x0.3x
Tue, 05 Nov 2024฿385.5b฿1.3t-฿18,929,609,061.0012.8x-20.4x0.3x
Thu, 03 Oct 2024฿403.0b฿1.3t-฿18,929,609,061.0014.7x-21.3x0.3x
Sat, 31 Aug 2024฿327.5b฿1.3t-฿18,929,609,061.0013.2x-17.3x0.2x
Mon, 29 Jul 2024฿351.1b฿1.3t-฿2,993,335,294.0013.6x-117.3x0.3x
Wed, 26 Jun 2024฿387.1b฿1.3t-฿2,993,335,294.0014.4x-129.3x0.3x
Fri, 24 May 2024฿449.1b฿1.3t-฿831,253,286.0016.5x-540.3x0.3x
Sun, 21 Apr 2024฿450.4b฿1.3t-฿594,511,403.0016.8x-757.7x0.3x
Tue, 19 Mar 2024฿454.8b฿1.3t-฿594,511,403.0017.1x-765x0.3x
Thu, 15 Feb 2024฿445.8b฿1.3t-฿1,897,717,300.0020.1x-234.9x0.3x
Sat, 13 Jan 2024฿471.9b฿1.3t-฿6,660,266,053.0020.8x-70.9x0.4x
Mon, 11 Dec 2023฿471.7b฿1.3t-฿6,660,266,053.0020.2x-70.8x0.4x
Wed, 08 Nov 2023฿465.3b฿1.4t-฿12,226,533,686.0017.2x-38.1x0.3x
Fri, 06 Oct 2023฿465.1b฿1.4t-฿11,894,491,686.0021.5x-39.1x0.3x
Sun, 03 Sep 2023฿496.8b฿1.4t-฿12,254,800,150.0022.4x-40.5x0.4x
Price to Earnings Ratio

-40.5x


Total Market Cap: ฿496.8bTotal Earnings: -฿12,254,800,150.00Total Revenue: ฿1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Chemicals Industry Price to Earnings3Y Average -83.4x202420252026
Current Industry PE
  • Investors are optimistic on the Thai Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 37.8x which is higher than its 3-year average PE of -83.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.30x.
Past Earnings Growth
  • Total earnings for the Chemicals industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 5.6% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

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

TH Market-0.49%
Materials2.03%
Chemicals3.75%
Specialty Chemicals4.86%
Commodity Chemicals3.74%
Fertilizers and Agricultural Chemicals1.25%
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry, which is trading close to its 3-year average PE ratio of 47.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading close to its 3-year average of 13.0x.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 29% over the next 5 years.
  • However this is lower than its past earnings growth rate of 59% per year.
  • In contrast, the Commodity Chemicals industry is expected to see its earnings grow by 29% 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
PTTGC PTT Global Chemical฿42.757.5%
+฿13.5b
61.3%PE49.1x
IVL Indorama Ventures฿22.201.8%
+฿2.2b
0%PS0.3x
TOA TOA Paint (Thailand)฿15.502.0%
+฿581.6m
9.2%PE9.4x
GGC Global Green Chemicals฿5.805.5%
+฿307.1m
50.3%PE42.9x
SUTHA Golden Lime฿3.2410.2%
+฿108.7m
29.6%PE47.2x

Latest News