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Thai (SET) Steel Industry Analysis
UpdatedNov 06, 2025
DataAggregated Company Financials
Companies23
- 7D-1.7%
- 3M-8.1%
- 1Y-17.7%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 1.7%, driven by G J Steel declining 7.7%. In contrast, STP&I has gained 9.4%. The industry has fallen 18% in the last 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 |
|---|---|---|---|---|---|---|
| Fri, 07 Nov 2025 | ฿37.3b | ฿130.7b | ฿309.6m | 16.7x | 120.6x | 0.3x |
| Sun, 05 Oct 2025 | ฿40.8b | ฿129.2b | -฿706,611,730.00 | 18.6x | -57.8x | 0.3x |
| Tue, 02 Sep 2025 | ฿39.7b | ฿129.2b | -฿705,292,730.00 | 17.8x | -56.2x | 0.3x |
| Thu, 31 Jul 2025 | ฿40.0b | ฿131.3b | -฿429,553,365.00 | 16.5x | -93.2x | 0.3x |
| Sat, 28 Jun 2025 | ฿37.4b | ฿131.3b | -฿712,997,365.00 | 16.1x | -52.4x | 0.3x |
| Mon, 26 May 2025 | ฿36.6b | ฿131.3b | -฿712,755,646.00 | 16.8x | -51.4x | 0.3x |
| Wed, 23 Apr 2025 | ฿36.2b | ฿134.5b | -฿421,117,527.00 | 15x | -85.9x | 0.3x |
| Fri, 21 Mar 2025 | ฿35.7b | ฿141.7b | -฿6,312,983,972.00 | 12.1x | -5.7x | 0.3x |
| Sun, 16 Feb 2025 | ฿35.3b | ฿142.6b | -฿6,036,372,441.00 | 12.4x | -5.9x | 0.2x |
| Tue, 14 Jan 2025 | ฿37.0b | ฿141.4b | -฿6,524,410,769.00 | 20.3x | -5.7x | 0.3x |
| Thu, 12 Dec 2024 | ฿42.9b | ฿140.7b | -฿6,510,329,615.00 | 23.6x | -6.6x | 0.3x |
| Sat, 09 Nov 2024 | ฿46.3b | ฿148.0b | -฿2,425,338,199.00 | 15.2x | -19.1x | 0.3x |
| Mon, 07 Oct 2024 | ฿49.6b | ฿148.1b | -฿2,229,144,497.00 | 15.5x | -22.2x | 0.3x |
| Wed, 04 Sep 2024 | ฿44.4b | ฿148.1b | -฿2,228,235,745.00 | 14.5x | -19.9x | 0.3x |
| Fri, 02 Aug 2024 | ฿43.4b | ฿154.1b | -฿1,570,384,594.00 | 16x | -27.7x | 0.3x |
| Sun, 30 Jun 2024 | ฿47.5b | ฿153.5b | -฿1,610,802,594.00 | 16.5x | -29.5x | 0.3x |
| Tue, 28 May 2024 | ฿50.2b | ฿153.4b | -฿1,699,048,784.00 | 16.9x | -29.5x | 0.3x |
| Thu, 25 Apr 2024 | ฿50.9b | ฿157.9b | -฿464,618,232.00 | 14.1x | -109.5x | 0.3x |
| Sat, 23 Mar 2024 | ฿52.2b | ฿158.5b | -฿555,219,190.00 | 15x | -94.1x | 0.3x |
| Mon, 19 Feb 2024 | ฿52.2b | ฿159.8b | -฿4,218,635,970.00 | 14.2x | -12.4x | 0.3x |
| Wed, 17 Jan 2024 | ฿55.1b | ฿162.0b | -฿4,830,895,017.00 | 12.8x | -11.4x | 0.3x |
| Fri, 15 Dec 2023 | ฿51.3b | ฿163.4b | -฿4,831,462,017.00 | 12.8x | -10.6x | 0.3x |
| Sun, 12 Nov 2023 | ฿51.0b | ฿164.0b | -฿5,639,552,141.00 | 15.9x | -9.1x | 0.3x |
| Tue, 10 Oct 2023 | ฿53.3b | ฿165.9b | -฿6,437,714,362.00 | 21.6x | -8.3x | 0.3x |
| Thu, 07 Sep 2023 | ฿59.5b | ฿165.9b | -฿6,435,843,600.00 | 21.7x | -9.2x | 0.4x |
| Sat, 05 Aug 2023 | ฿55.8b | ฿171.8b | -฿5,196,956,029.00 | 18.1x | -10.7x | 0.3x |
| Mon, 03 Jul 2023 | ฿56.4b | ฿174.3b | -฿4,662,776,029.00 | 14.6x | -12.1x | 0.3x |
| Wed, 31 May 2023 | ฿60.1b | ฿174.3b | -฿4,647,037,029.00 | 16.1x | -12.9x | 0.3x |
| Fri, 28 Apr 2023 | ฿63.5b | ฿181.2b | -฿2,363,906,785.00 | 18.9x | -26.9x | 0.4x |
| Sun, 26 Mar 2023 | ฿67.4b | ฿182.5b | -฿2,222,928,745.00 | 19.3x | -30.3x | 0.4x |
| Tue, 21 Feb 2023 | ฿74.7b | ฿187.0b | ฿5.2b | 12.5x | 14.3x | 0.4x |
| Thu, 19 Jan 2023 | ฿78.0b | ฿188.3b | ฿5.9b | 10.4x | 13.1x | 0.4x |
| Sat, 17 Dec 2022 | ฿71.1b | ฿188.3b | ฿5.9b | 9.9x | 12x | 0.4x |
| Mon, 14 Nov 2022 | ฿74.7b | ฿191.0b | ฿11.1b | 7.5x | 6.7x | 0.4x |
Price to Earnings Ratio
6.7x
Current Industry PE
- Investors are optimistic on the Thai Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 121x which is higher than its 3-year average PE of -32.2x.
- The industry is trading close to its 3-year average PS ratio of 0.32x.
Past Earnings Growth
- The earnings for companies in the Steel industry have declined 70% per year over the last three years,
- Revenues have also declined 12% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Thai Steel compare with similar industries?
| TH Market | -1.55% | |
| Materials | -6.54% | |
| Metals and Mining | -1.81% | |
| Steel | -1.75% | |
| Aluminum | -3.23% | |
| Diversified Metals and Mining | -4.76% | |
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 | |
|---|---|---|---|---|---|
| STPI STP&I | ฿3.96 | 9.4% +฿616.2m | 3.7% | PE126.6x | |
| INOX POSCO-Thainox | ฿0.39 | 2.6% +฿78.0m | -25.0% | PE37.7x | |
| PAP Pacific Pipe | ฿1.93 | 2.7% +฿33.0m | -13.8% | PS0.2x | |
| AMC Asia Metal | ฿2.18 | 1.9% +฿19.2m | -31.9% | PS0.2x | |
| LHK Lohakit Metal | ฿3.50 | 1.2% +฿15.3m | -9.3% | PE12.9x |