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Thai (SET) Chemicals Industry Analysis
UpdatedDec 08, 2025
DataAggregated Company Financials
Companies32
- 7D-1.0%
- 3M-24.4%
- 1Y-27.0%
- YTD-27.5%
Over the last 7 days, the Chemicals industry has remained flat, although notably Birla Carbon (Thailand) declined by 5.8%. As for the longer term, the industry has declined 27% in the last year. Looking forward, earnings are forecast to grow by 88% 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 |
|---|---|---|---|---|---|---|
| Mon, 08 Dec 2025 | ฿261.0b | ฿1.1t | -฿15,025,220,095.00 | 11.3x | -17.4x | 0.2x |
| Wed, 05 Nov 2025 | ฿291.8b | ฿1.2t | -฿33,681,891,354.00 | 11.8x | -8.7x | 0.2x |
| Fri, 03 Oct 2025 | ฿333.1b | ฿1.2t | -฿33,479,677,354.00 | 12.9x | -9.9x | 0.3x |
| Sun, 31 Aug 2025 | ฿333.9b | ฿1.2t | -฿33,424,425,479.00 | 13x | -10x | 0.3x |
| Tue, 29 Jul 2025 | ฿307.9b | ฿1.3t | -฿48,046,023,856.00 | 12.8x | -6.4x | 0.2x |
| Thu, 26 Jun 2025 | ฿284.7b | ฿1.3t | -฿48,046,023,856.00 | 12.1x | -5.9x | 0.2x |
| Sat, 24 May 2025 | ฿286.6b | ฿1.3t | -฿50,197,402,810.00 | 11.6x | -5.7x | 0.2x |
| Mon, 21 Apr 2025 | ฿275.3b | ฿1.3t | -฿45,640,905,256.00 | 10.6x | -6x | 0.2x |
| Wed, 19 Mar 2025 | ฿298.7b | ฿1.3t | -฿45,640,905,256.00 | 11.9x | -6.5x | 0.2x |
| Fri, 14 Feb 2025 | ฿312.4b | ฿1.3t | -฿43,358,005,940.00 | 10.3x | -7.2x | 0.2x |
| Sun, 12 Jan 2025 | ฿334.8b | ฿1.3t | -฿43,463,164,463.00 | 12.4x | -7.7x | 0.2x |
| Tue, 10 Dec 2024 | ฿366.9b | ฿1.3t | -฿43,463,164,463.00 | 12.9x | -8.4x | 0.3x |
| Thu, 07 Nov 2024 | ฿379.5b | ฿1.3t | -฿18,929,609,061.00 | 13.2x | -20x | 0.3x |
| Sat, 05 Oct 2024 | ฿389.2b | ฿1.3t | -฿18,929,609,061.00 | 14.4x | -20.6x | 0.3x |
| Mon, 02 Sep 2024 | ฿327.5b | ฿1.3t | -฿18,929,609,061.00 | 13.2x | -17.3x | 0.2x |
| Wed, 31 Jul 2024 | ฿348.5b | ฿1.3t | -฿2,993,335,294.00 | 13.3x | -116.4x | 0.3x |
| Fri, 28 Jun 2024 | ฿378.3b | ฿1.3t | -฿2,993,335,294.00 | 14.6x | -126.4x | 0.3x |
| Sun, 26 May 2024 | ฿448.3b | ฿1.3t | -฿831,253,286.00 | 16.6x | -539.3x | 0.3x |
| Tue, 23 Apr 2024 | ฿450.4b | ฿1.3t | -฿594,511,403.00 | 16.8x | -757.7x | 0.3x |
| Thu, 21 Mar 2024 | ฿446.2b | ฿1.3t | -฿594,511,403.00 | 16.3x | -750.6x | 0.3x |
| Sat, 17 Feb 2024 | ฿441.5b | ฿1.3t | ฿16.4m | 19.5x | 26971x | 0.3x |
| Mon, 15 Jan 2024 | ฿471.9b | ฿1.3t | -฿6,660,266,053.00 | 20.8x | -70.9x | 0.4x |
| Wed, 13 Dec 2023 | ฿471.7b | ฿1.3t | -฿6,660,266,053.00 | 20.2x | -70.8x | 0.4x |
| Fri, 10 Nov 2023 | ฿459.6b | ฿1.3t | ฿2.6b | 17.2x | 179.4x | 0.3x |
| Sun, 08 Oct 2023 | ฿457.3b | ฿1.4t | -฿11,894,491,686.00 | 21.3x | -38.4x | 0.3x |
| Tue, 05 Sep 2023 | ฿494.0b | ฿1.4t | -฿12,254,800,150.00 | 22.3x | -40.3x | 0.4x |
| Thu, 03 Aug 2023 | ฿536.7b | ฿1.5t | ฿16.3b | 18.1x | 32.9x | 0.4x |
| Sat, 01 Jul 2023 | ฿534.3b | ฿1.5t | ฿16.3b | 19x | 32.7x | 0.4x |
| Mon, 29 May 2023 | ฿529.9b | ฿1.5t | ฿17.1b | 19.9x | 30.9x | 0.4x |
| Wed, 26 Apr 2023 | ฿554.3b | ฿1.5t | ฿33.6b | 14.5x | 16.5x | 0.4x |
| Fri, 24 Mar 2023 | ฿603.1b | ฿1.5t | ฿33.6b | 14.5x | 18x | 0.4x |
| Sun, 19 Feb 2023 | ฿643.2b | ฿1.5t | ฿53.9b | 17.9x | 11.9x | 0.4x |
| Tue, 17 Jan 2023 | ฿669.7b | ฿1.5t | ฿58.6b | 17.7x | 11.4x | 0.4x |
| Thu, 15 Dec 2022 | ฿646.3b | ฿1.5t | ฿58.6b | 17.4x | 11x | 0.4x |
Price to Earnings Ratio
11x
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 | -0.036% | |
| Materials | -1.46% | |
| Chemicals | -1.00% | |
| Fertilizers and Agricultural Chemicals | -0.96% | |
| Commodity Chemicals | -0.97% | |
| Specialty Chemicals | -2.14% | |
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 16.5x.
- 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 88% 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 88% 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 | |
|---|---|---|---|---|---|
| TOA TOA Paint (Thailand) | ฿13.30 | 0.8% +฿193.9m | -10.7% | PE10.2x | |
| TEGH Thai Eastern Group Holdings | ฿2.96 | 2.8% +฿86.4m | -20.4% | PE5.2x | |
| UREKA Eureka Design | ฿0.38 | 8.6% +฿56.5m | -47.2% | PE25.9x | |
| PSP P.S.P. Specialties | ฿4.62 | 0.9% +฿56.0m | 5.5% | PE7.1x | |
| DIMET Dimet (Siam) | ฿0.07 | 40.0% +฿53.8m | -70.8% | PS1.2x |