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Thai (SET) Steel Industry Analysis
UpdatedApr 16, 2025
DataAggregated Company Financials
Companies23
- 7D3.0%
- 3M-7.0%
- 1Y-32.2%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 1.9%, driven by a pullback from STP&I of 9.4%. In contrast, G J Steel has gained 7.1%. However, the industry is down 33% over the past year.
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 |
|---|---|---|---|---|---|---|
| Wed, 16 Apr 2025 | ฿33.7b | ฿134.8b | -฿374,470,367.00 | 11.7x | -90.1x | 0.3x |
| Fri, 14 Mar 2025 | ฿34.9b | ฿141.3b | -฿6,397,897,064.00 | 12.1x | -5.5x | 0.2x |
| Sun, 09 Feb 2025 | ฿35.6b | ฿141.6b | -฿6,179,788,769.00 | 15.5x | -5.8x | 0.3x |
| Tue, 07 Jan 2025 | ฿38.9b | ฿141.4b | -฿6,524,410,769.00 | 21.3x | -6x | 0.3x |
| Thu, 05 Dec 2024 | ฿43.3b | ฿140.7b | -฿6,510,329,615.00 | 24x | -6.7x | 0.3x |
| Sat, 02 Nov 2024 | ฿47.3b | ฿148.0b | -฿2,425,338,199.00 | 15.2x | -19.5x | 0.3x |
| Mon, 30 Sep 2024 | ฿49.4b | ฿148.1b | -฿2,228,235,745.00 | 16x | -22.2x | 0.3x |
| Wed, 28 Aug 2024 | ฿45.1b | ฿148.1b | -฿2,228,235,745.00 | 14.4x | -20.3x | 0.3x |
| Fri, 26 Jul 2024 | ฿43.4b | ฿154.1b | -฿1,570,384,594.00 | 16.2x | -27.6x | 0.3x |
| Sun, 23 Jun 2024 | ฿47.2b | ฿153.5b | -฿1,610,802,594.00 | 16.7x | -29.3x | 0.3x |
| Tue, 21 May 2024 | ฿50.5b | ฿152.7b | -฿1,829,099,131.00 | 19.4x | -27.6x | 0.3x |
| Thu, 18 Apr 2024 | ฿50.2b | ฿158.5b | -฿555,219,190.00 | 14.3x | -90.4x | 0.3x |
| Sat, 16 Mar 2024 | ฿54.3b | ฿158.6b | ฿136.7m | 15.2x | 397x | 0.3x |
| Mon, 12 Feb 2024 | ฿52.2b | ฿161.9b | -฿4,542,595,448.00 | 14.1x | -11.5x | 0.3x |
| Wed, 10 Jan 2024 | ฿54.4b | ฿163.4b | -฿4,821,463,017.00 | 12.9x | -11.3x | 0.3x |
| Fri, 08 Dec 2023 | ฿52.1b | ฿163.4b | -฿4,831,462,017.00 | 12.8x | -10.8x | 0.3x |
| Sun, 05 Nov 2023 | ฿51.9b | ฿164.4b | -฿6,574,344,362.00 | 21.1x | -7.9x | 0.3x |
| Tue, 03 Oct 2023 | ฿56.0b | ฿165.9b | -฿6,437,714,362.00 | 21.5x | -8.7x | 0.3x |
| Thu, 31 Aug 2023 | ฿60.0b | ฿165.9b | -฿6,435,843,600.00 | 21.9x | -9.3x | 0.4x |
| Sat, 29 Jul 2023 | ฿56.5b | ฿171.8b | -฿5,196,956,029.00 | 18.2x | -10.9x | 0.3x |
| Mon, 26 Jun 2023 | ฿57.7b | ฿174.3b | -฿4,662,776,029.00 | 15.5x | -12.4x | 0.3x |
| Wed, 24 May 2023 | ฿60.9b | ฿172.9b | -฿4,622,123,387.00 | 14.4x | -13.2x | 0.4x |
| Fri, 21 Apr 2023 | ฿65.9b | ฿182.5b | -฿2,226,617,745.00 | 18.9x | -29.6x | 0.4x |
| Sun, 19 Mar 2023 | ฿66.5b | ฿182.5b | -฿2,222,928,745.00 | 20.3x | -29.9x | 0.4x |
| Tue, 14 Feb 2023 | ฿75.7b | ฿187.1b | ฿5.3b | 11.4x | 14.3x | 0.4x |
| Thu, 12 Jan 2023 | ฿75.6b | ฿188.3b | ฿5.9b | 10.3x | 12.7x | 0.4x |
| Sat, 10 Dec 2022 | ฿71.2b | ฿188.3b | ฿6.0b | 10x | 12x | 0.4x |
| Mon, 07 Nov 2022 | ฿76.6b | ฿191.0b | ฿11.1b | 7.5x | 6.9x | 0.4x |
| Wed, 05 Oct 2022 | ฿76.8b | ฿191.3b | ฿12.0b | 7.6x | 6.4x | 0.4x |
| Fri, 02 Sep 2022 | ฿76.3b | ฿191.3b | ฿12.0b | 7.6x | 6.4x | 0.4x |
| Sun, 31 Jul 2022 | ฿77.7b | ฿188.8b | ฿15.0b | 7.1x | 5.2x | 0.4x |
| Tue, 28 Jun 2022 | ฿84.1b | ฿188.0b | ฿15.2b | 7.5x | 5.5x | 0.4x |
| Thu, 26 May 2022 | ฿90.5b | ฿187.9b | ฿15.2b | 7.6x | 5.9x | 0.5x |
| Sat, 23 Apr 2022 | ฿102.1b | ฿178.7b | ฿15.2b | 6.8x | 6.7x | 0.6x |
Price to Earnings Ratio
6.7x
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 0.35x.
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 8.7% per year, which is driving profits down.
Industry Comparison
How does Thai Steel compare with similar industries?
| TH Market | 3.82% | |
| Materials | 4.14% | |
| Metals and Mining | 2.95% | |
| Steel | 2.96% | |
| Aluminum | 4.16% | |
| Diversified Metals and Mining | 1.43% | |
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 | |
|---|---|---|---|---|---|
| GJS G J Steel | ฿0.15 | 15.4% +฿509.7m | -31.8% | PS0.3x | |
| TSTH Tata Steel (Thailand) | ฿0.51 | 4.1% +฿168.4m | -32.0% | PE11.3x | |
| MCS M.C.S. Steel | ฿7.55 | 3.4% +฿119.3m | 7.9% | PE5.3x | |
| CHOW Chow Steel Industries | ฿1.27 | 9.5% +฿88.0m | -55.9% | PE6.9x | |
| MILL Millcon Steel | ฿0.09 | 12.5% +฿79.3m | -55.0% | PS0.2x |