Have your own idea? Try our Stock Screener
Thai (SET) Steel Industry Analysis
UpdatedJul 03, 2025
DataAggregated Company Financials
Companies23
- 7D4.1%
- 3M13.2%
- 1Y-17.5%
- YTDn/a
The Steel industry is up 4.1% in the last week, with Chow Bright Ventures Holdings up 80%. In the same time, Tycoons Worldwide Group (Thailand) was down 7.4%. In contrast, the industry has lost 17% in the last 12 months.
Industry Valuation and Performance
Has the Thai Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 06 Jul 2025 | ฿37.7b | ฿131.3b | -฿712,997,365.00 | 16.4x | -52.9x | 0.3x |
| Tue, 03 Jun 2025 | ฿37.2b | ฿131.3b | -฿710,538,365.00 | 16.3x | -52.4x | 0.3x |
| Thu, 01 May 2025 | ฿36.7b | ฿134.5b | -฿421,117,527.00 | 15.5x | -87.1x | 0.3x |
| Sat, 29 Mar 2025 | ฿35.2b | ฿141.7b | -฿6,312,983,972.00 | 12x | -5.6x | 0.2x |
| Mon, 24 Feb 2025 | ฿36.0b | ฿143.0b | -฿5,885,867,715.00 | 12.1x | -6.1x | 0.3x |
| Wed, 22 Jan 2025 | ฿37.2b | ฿141.6b | -฿6,179,788,769.00 | 16.2x | -6x | 0.3x |
| Fri, 20 Dec 2024 | ฿40.6b | ฿141.4b | -฿6,524,410,774.00 | 21.7x | -6.2x | 0.3x |
| Sun, 17 Nov 2024 | ฿43.9b | ฿146.5b | -฿3,103,907,203.00 | 15.1x | -14.1x | 0.3x |
| Tue, 15 Oct 2024 | ฿48.9b | ฿148.1b | -฿2,229,144,497.00 | 15.3x | -21.9x | 0.3x |
| Thu, 12 Sep 2024 | ฿45.3b | ฿148.1b | -฿2,228,235,745.00 | 15.2x | -20.3x | 0.3x |
| Sat, 10 Aug 2024 | ฿42.4b | ฿153.8b | -฿1,498,155,594.00 | 15.4x | -28.3x | 0.3x |
| Mon, 08 Jul 2024 | ฿47.3b | ฿153.5b | -฿1,610,802,594.00 | 16.3x | -29.3x | 0.3x |
| Wed, 05 Jun 2024 | ฿49.3b | ฿153.4b | -฿1,612,531,594.00 | 16.6x | -30.6x | 0.3x |
| Fri, 03 May 2024 | ฿50.8b | ฿157.9b | -฿464,618,232.00 | 13.9x | -109.2x | 0.3x |
| Sun, 31 Mar 2024 | ฿51.4b | ฿158.5b | -฿555,219,190.00 | 14.5x | -92.6x | 0.3x |
| Tue, 27 Feb 2024 | ฿51.7b | ฿159.3b | -฿4,145,028,676.00 | 15.6x | -12.5x | 0.3x |
| Thu, 25 Jan 2024 | ฿53.2b | ฿162.0b | -฿4,830,895,017.00 | 12.3x | -11x | 0.3x |
| Sat, 23 Dec 2023 | ฿52.6b | ฿163.4b | -฿4,821,463,017.00 | 12.8x | -10.9x | 0.3x |
| Mon, 20 Nov 2023 | ฿51.5b | ฿163.8b | -฿4,636,272,330.00 | 12.9x | -11.1x | 0.3x |
| Wed, 18 Oct 2023 | ฿53.9b | ฿165.9b | -฿6,437,714,362.00 | 21.6x | -8.4x | 0.3x |
| Fri, 15 Sep 2023 | ฿58.6b | ฿165.9b | -฿6,435,843,600.00 | 21.6x | -9.1x | 0.4x |
| Sun, 13 Aug 2023 | ฿54.8b | ฿165.6b | -฿5,658,634,637.00 | 18.4x | -9.7x | 0.3x |
| Tue, 11 Jul 2023 | ฿56.0b | ฿174.3b | -฿4,662,776,029.00 | 14.4x | -12x | 0.3x |
| Thu, 08 Jun 2023 | ฿59.8b | ฿174.3b | -฿4,647,037,029.00 | 15.9x | -12.9x | 0.3x |
| Sat, 06 May 2023 | ฿62.7b | ฿181.2b | -฿2,363,906,785.00 | 18.2x | -26.5x | 0.3x |
| Mon, 03 Apr 2023 | ฿68.5b | ฿182.5b | -฿2,226,617,745.00 | 20.3x | -30.7x | 0.4x |
| Wed, 01 Mar 2023 | ฿71.2b | ฿186.4b | ฿4.7b | 13.2x | 15.1x | 0.4x |
| Fri, 27 Jan 2023 | ฿76.4b | ฿187.1b | ฿5.3b | 11.4x | 14.5x | 0.4x |
| Sun, 25 Dec 2022 | ฿72.4b | ฿188.3b | ฿5.9b | 9.9x | 12.2x | 0.4x |
| Tue, 22 Nov 2022 | ฿71.2b | ฿188.4b | ฿6.2b | 10.3x | 11.5x | 0.4x |
| Thu, 20 Oct 2022 | ฿76.7b | ฿191.3b | ฿12.0b | 7.7x | 6.4x | 0.4x |
| Sat, 17 Sep 2022 | ฿80.7b | ฿191.3b | ฿12.0b | 8x | 6.7x | 0.4x |
| Mon, 15 Aug 2022 | ฿79.2b | ฿191.6b | ฿13.2b | 7.2x | 6x | 0.4x |
| Wed, 13 Jul 2022 | ฿77.5b | ฿188.0b | ฿15.2b | 7.2x | 5.1x | 0.4x |
Price to Earnings Ratio
5.1x
Current Industry PE
- Investors are pessimistic on the Thai Steel 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 0.33x.
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 11% per year, which is driving profits down.
Industry Comparison
How does Thai Steel compare with similar industries?
| TH Market | 3.47% | |
| Materials | 2.64% | |
| Metals and Mining | 3.90% | |
| Steel | 4.07% | |
| Aluminum | 4.02% | |
| Diversified Metals and Mining | -4.69% | |
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 | |
|---|---|---|---|---|---|
| CHOW Chow Bright Ventures Holdings | ฿1.37 | 80.3% +฿488.0m | -49.6% | PE15.5x | |
| TSTH Tata Steel (Thailand) | ฿0.72 | 5.9% +฿336.9m | -1.4% | PE18.2x | |
| STPI STP&I | ฿3.96 | 3.7% +฿253.7m | 24.5% | PE1712.9x | |
| INOX POSCO-Thainox | ฿0.40 | 8.1% +฿233.9m | -18.4% | PE16.1x | |
| MCS M.C.S. Steel | ฿8.25 | 3.1% +฿119.3m | 20.4% | PE4.7x |