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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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Aug 2025 | ฿39.4b | ฿129.2b | -฿705,292,730.00 | 19.1x | -55.9x | 0.3x |
| Tue, 22 Jul 2025 | ฿40.1b | ฿131.3b | -฿429,553,365.00 | 17.5x | -93.3x | 0.3x |
| Thu, 19 Jun 2025 | ฿36.9b | ฿131.3b | -฿712,997,365.00 | 16.1x | -51.8x | 0.3x |
| Sat, 17 May 2025 | ฿37.2b | ฿131.6b | -฿668,313,054.00 | 16.7x | -55.7x | 0.3x |
| Mon, 14 Apr 2025 | ฿33.7b | ฿134.8b | -฿374,470,367.00 | 11.7x | -90.1x | 0.3x |
| Wed, 12 Mar 2025 | ฿35.5b | ฿141.3b | -฿6,397,897,064.00 | 12.1x | -5.5x | 0.3x |
| Fri, 07 Feb 2025 | ฿35.8b | ฿141.6b | -฿6,179,788,769.00 | 15.5x | -5.8x | 0.3x |
| Sun, 05 Jan 2025 | ฿39.4b | ฿141.4b | -฿6,524,410,769.00 | 20.8x | -6x | 0.3x |
| Tue, 03 Dec 2024 | ฿42.7b | ฿140.7b | -฿6,510,329,615.00 | 23.1x | -6.6x | 0.3x |
| Thu, 31 Oct 2024 | ฿47.0b | ฿148.0b | -฿2,425,338,199.00 | 15.3x | -19.4x | 0.3x |
| Sat, 28 Sep 2024 | ฿49.4b | ฿148.1b | -฿2,228,235,745.00 | 16x | -22.2x | 0.3x |
| Mon, 26 Aug 2024 | ฿43.8b | ฿148.1b | -฿2,228,235,745.00 | 14.3x | -19.7x | 0.3x |
| Wed, 24 Jul 2024 | ฿44.0b | ฿154.1b | -฿1,570,384,594.00 | 16.3x | -28x | 0.3x |
| Fri, 21 Jun 2024 | ฿46.6b | ฿153.5b | -฿1,610,802,594.00 | 16.6x | -28.9x | 0.3x |
| Sun, 19 May 2024 | ฿50.1b | ฿153.6b | -฿1,744,112,131.00 | 19.4x | -28.7x | 0.3x |
| Tue, 16 Apr 2024 | ฿50.7b | ฿158.5b | -฿555,219,190.00 | 14.3x | -91.4x | 0.3x |
| Thu, 14 Mar 2024 | ฿49.9b | ฿158.6b | ฿136.7m | 14.7x | 364.8x | 0.3x |
| Sat, 10 Feb 2024 | ฿52.2b | ฿162.0b | -฿4,830,895,017.00 | 12.3x | -10.8x | 0.3x |
| Mon, 08 Jan 2024 | ฿54.5b | ฿163.4b | -฿4,821,463,017.00 | 13x | -11.3x | 0.3x |
| Wed, 06 Dec 2023 | ฿52.0b | ฿163.4b | -฿4,831,462,017.00 | 12.9x | -10.8x | 0.3x |
| Fri, 03 Nov 2023 | ฿51.2b | ฿164.4b | -฿6,574,344,362.00 | 21x | -7.8x | 0.3x |
| Sun, 01 Oct 2023 | ฿55.8b | ฿165.9b | -฿6,435,843,600.00 | 21.5x | -8.7x | 0.3x |
| Tue, 29 Aug 2023 | ฿57.0b | ฿165.9b | -฿6,435,843,600.00 | 22x | -8.9x | 0.3x |
| Thu, 27 Jul 2023 | ฿56.2b | ฿171.8b | -฿5,196,956,029.00 | 18.2x | -10.8x | 0.3x |
| Sat, 24 Jun 2023 | ฿57.7b | ฿174.3b | -฿4,662,776,029.00 | 15.5x | -12.4x | 0.3x |
| Mon, 22 May 2023 | ฿60.7b | ฿172.9b | -฿4,622,123,387.00 | 14.6x | -13.1x | 0.4x |
| Wed, 19 Apr 2023 | ฿67.0b | ฿182.5b | -฿2,226,617,745.00 | 18.9x | -30.1x | 0.4x |
| Fri, 17 Mar 2023 | ฿66.2b | ฿182.5b | -฿2,222,928,745.00 | 19.6x | -29.8x | 0.4x |
| Sun, 12 Feb 2023 | ฿76.3b | ฿187.1b | ฿5.3b | 11.5x | 14.5x | 0.4x |
| Tue, 10 Jan 2023 | ฿73.5b | ฿188.3b | ฿5.9b | 10.2x | 12.4x | 0.4x |
| Thu, 08 Dec 2022 | ฿70.2b | ฿188.3b | ฿6.0b | 9.9x | 11.8x | 0.4x |
| Sat, 05 Nov 2022 | ฿76.6b | ฿191.0b | ฿11.1b | 7.5x | 6.9x | 0.4x |
| Mon, 03 Oct 2022 | ฿77.0b | ฿191.3b | ฿12.0b | 7.6x | 6.4x | 0.4x |
| Wed, 31 Aug 2022 | ฿77.8b | ฿191.3b | ฿12.0b | 7.7x | 6.5x | 0.4x |
Price to Earnings Ratio
6.5x
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% | |
| Materials | 6.53% | |
| Metals and Mining | -0.77% | |
| Steel | -0.85% | |
| Diversified Metals and Mining | 1.56% | |
| Aluminum | 0.89% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| STPI STP&I | ฿3.96 | 1.5% +฿108.7m | 18.6% | PE126.6x | |
| 2S 2S Metal | ฿2.74 | 3.0% +฿44.0m | -6.2% | PE19.1x | |
| AMC Asia Metal | ฿2.04 | 2.0% +฿19.2m | -36.3% | PS0.1x | |
| TYCN Tycoons Worldwide Group (Thailand) | ฿1.74 | 1.2% +฿11.9m | -22.3% | PS0.2x | |
| BSBM Bangsaphan Barmill | ฿0.70 | 1.4% +฿11.2m | -4.1% | PS2.3x |