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Thai (SET) Steel Industry Analysis

UpdatedAug 24, 2025
DataAggregated Company Financials
Companies23
  • 7D-0.8%
  • 3M7.7%
  • 1Y-10.3%
  • YTDn/a

In the last week, the Steel industry is flat overall, with Tata Steel (Thailand) standing out by going down 3.8%. Unfortunately though, the industry is down 10% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Aug 2025฿39.4b฿129.2b-฿705,292,730.0019.1x-55.9x0.3x
Tue, 22 Jul 2025฿40.1b฿131.3b-฿429,553,365.0017.5x-93.3x0.3x
Thu, 19 Jun 2025฿36.9b฿131.3b-฿712,997,365.0016.1x-51.8x0.3x
Sat, 17 May 2025฿37.2b฿131.6b-฿668,313,054.0016.7x-55.7x0.3x
Mon, 14 Apr 2025฿33.7b฿134.8b-฿374,470,367.0011.7x-90.1x0.3x
Wed, 12 Mar 2025฿35.5b฿141.3b-฿6,397,897,064.0012.1x-5.5x0.3x
Fri, 07 Feb 2025฿35.8b฿141.6b-฿6,179,788,769.0015.5x-5.8x0.3x
Sun, 05 Jan 2025฿39.4b฿141.4b-฿6,524,410,769.0020.8x-6x0.3x
Tue, 03 Dec 2024฿42.7b฿140.7b-฿6,510,329,615.0023.1x-6.6x0.3x
Thu, 31 Oct 2024฿47.0b฿148.0b-฿2,425,338,199.0015.3x-19.4x0.3x
Sat, 28 Sep 2024฿49.4b฿148.1b-฿2,228,235,745.0016x-22.2x0.3x
Mon, 26 Aug 2024฿43.8b฿148.1b-฿2,228,235,745.0014.3x-19.7x0.3x
Wed, 24 Jul 2024฿44.0b฿154.1b-฿1,570,384,594.0016.3x-28x0.3x
Fri, 21 Jun 2024฿46.6b฿153.5b-฿1,610,802,594.0016.6x-28.9x0.3x
Sun, 19 May 2024฿50.1b฿153.6b-฿1,744,112,131.0019.4x-28.7x0.3x
Tue, 16 Apr 2024฿50.7b฿158.5b-฿555,219,190.0014.3x-91.4x0.3x
Thu, 14 Mar 2024฿49.9b฿158.6b฿136.7m14.7x364.8x0.3x
Sat, 10 Feb 2024฿52.2b฿162.0b-฿4,830,895,017.0012.3x-10.8x0.3x
Mon, 08 Jan 2024฿54.5b฿163.4b-฿4,821,463,017.0013x-11.3x0.3x
Wed, 06 Dec 2023฿52.0b฿163.4b-฿4,831,462,017.0012.9x-10.8x0.3x
Fri, 03 Nov 2023฿51.2b฿164.4b-฿6,574,344,362.0021x-7.8x0.3x
Sun, 01 Oct 2023฿55.8b฿165.9b-฿6,435,843,600.0021.5x-8.7x0.3x
Tue, 29 Aug 2023฿57.0b฿165.9b-฿6,435,843,600.0022x-8.9x0.3x
Thu, 27 Jul 2023฿56.2b฿171.8b-฿5,196,956,029.0018.2x-10.8x0.3x
Sat, 24 Jun 2023฿57.7b฿174.3b-฿4,662,776,029.0015.5x-12.4x0.3x
Mon, 22 May 2023฿60.7b฿172.9b-฿4,622,123,387.0014.6x-13.1x0.4x
Wed, 19 Apr 2023฿67.0b฿182.5b-฿2,226,617,745.0018.9x-30.1x0.4x
Fri, 17 Mar 2023฿66.2b฿182.5b-฿2,222,928,745.0019.6x-29.8x0.4x
Sun, 12 Feb 2023฿76.3b฿187.1b฿5.3b11.5x14.5x0.4x
Tue, 10 Jan 2023฿73.5b฿188.3b฿5.9b10.2x12.4x0.4x
Thu, 08 Dec 2022฿70.2b฿188.3b฿6.0b9.9x11.8x0.4x
Sat, 05 Nov 2022฿76.6b฿191.0b฿11.1b7.5x6.9x0.4x
Mon, 03 Oct 2022฿77.0b฿191.3b฿12.0b7.6x6.4x0.4x
Wed, 31 Aug 2022฿77.8b฿191.3b฿12.0b7.7x6.5x0.4x
Price to Earnings Ratio

6.5x


Total Market Cap: ฿77.8bTotal Earnings: ฿12.0bTotal Revenue: ฿191.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Steel Industry Price to Earnings3Y Average -30.6x202320242025
Current Industry PE
  • Investors are relatively neutral on the Thai Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 0.33x.
Past Earnings Growth
  • Total earnings for the Steel industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 12% per year, which is driving profits down.

Industry Comparison

How does Thai Steel compare with similar industries?

TH Market-0.45%
Materials6.53%
Metals and Mining-0.77%
Steel-0.85%
Diversified Metals and Mining1.56%
Aluminum0.89%
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?

CompanyLast Price7D1YValuation
STPI STP&I฿3.961.5%
+฿108.7m
18.6%PE126.6x
2S 2S Metal฿2.743.0%
+฿44.0m
-6.2%PE19.1x
AMC Asia Metal฿2.042.0%
+฿19.2m
-36.3%PS0.1x
TYCN Tycoons Worldwide Group (Thailand)฿1.741.2%
+฿11.9m
-22.3%PS0.2x
BSBM Bangsaphan Barmill฿0.701.4%
+฿11.2m
-4.1%PS2.3x

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