Have your own idea? Try our Stock Screener
Thai (SET) Steel Industry Analysis
UpdatedAug 20, 2025
DataAggregated Company Financials
Companies23
- 7D-2.0%
- 3M7.2%
- 1Y-7.3%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 1.3%, driven by a pullback from TMT Steel of 8.9%. Overall the industry is down 5.0% in 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 |
|---|---|---|---|---|---|---|
| Wed, 20 Aug 2025 | ฿39.5b | ฿129.2b | -฿701,453,446.00 | 19.1x | -56.3x | 0.3x |
| Fri, 18 Jul 2025 | ฿39.5b | ฿131.3b | -฿712,997,365.00 | 18.3x | -55.3x | 0.3x |
| Sun, 15 Jun 2025 | ฿37.7b | ฿131.3b | -฿712,997,365.00 | 16.3x | -52.8x | 0.3x |
| Tue, 13 May 2025 | ฿37.6b | ฿133.1b | -฿673,745,356.00 | 16.9x | -55.9x | 0.3x |
| Thu, 10 Apr 2025 | ฿33.1b | ฿134.8b | -฿374,470,367.00 | 11.5x | -88.3x | 0.2x |
| Sat, 08 Mar 2025 | ฿35.4b | ฿141.5b | -฿6,397,897,064.00 | 12x | -5.5x | 0.3x |
| Mon, 03 Feb 2025 | ฿37.7b | ฿141.6b | -฿6,179,788,769.00 | 16.6x | -6.1x | 0.3x |
| Wed, 01 Jan 2025 | ฿39.4b | ฿141.4b | -฿6,524,410,769.00 | 22.7x | -6x | 0.3x |
| Fri, 29 Nov 2024 | ฿42.9b | ฿140.7b | -฿6,510,329,615.00 | 23.1x | -6.6x | 0.3x |
| Sun, 27 Oct 2024 | ฿46.1b | ฿148.0b | -฿2,425,338,199.00 | 15.3x | -19x | 0.3x |
| Tue, 24 Sep 2024 | ฿47.0b | ฿148.1b | -฿2,228,235,745.00 | 16x | -21.1x | 0.3x |
| Thu, 22 Aug 2024 | ฿42.9b | ฿148.2b | -฿2,228,235,745.00 | 14.2x | -19.2x | 0.3x |
| Sat, 20 Jul 2024 | ฿45.7b | ฿153.5b | -฿1,610,802,594.00 | 16.5x | -28.4x | 0.3x |
| Mon, 17 Jun 2024 | ฿47.5b | ฿153.5b | -฿1,610,802,594.00 | 16.5x | -29.5x | 0.3x |
| Wed, 15 May 2024 | ฿50.2b | ฿154.7b | -฿865,887,672.00 | 19.4x | -58x | 0.3x |
| Fri, 12 Apr 2024 | ฿50.7b | ฿158.5b | -฿555,219,190.00 | 14.3x | -91.4x | 0.3x |
| Sun, 10 Mar 2024 | ฿49.7b | ฿158.6b | ฿136.7m | 14.7x | 363.6x | 0.3x |
| Tue, 06 Feb 2024 | ฿52.3b | ฿162.0b | -฿4,830,895,017.00 | 12.3x | -10.8x | 0.3x |
| Thu, 04 Jan 2024 | ฿53.9b | ฿163.4b | -฿4,821,463,017.00 | 12.9x | -11.2x | 0.3x |
| Sat, 02 Dec 2023 | ฿51.9b | ฿163.4b | -฿4,831,462,017.00 | 13x | -10.8x | 0.3x |
| Mon, 30 Oct 2023 | ฿50.4b | ฿164.4b | -฿6,574,344,362.00 | 21.4x | -7.7x | 0.3x |
| Wed, 27 Sep 2023 | ฿56.7b | ฿165.9b | -฿6,435,843,600.00 | 21.5x | -8.8x | 0.3x |
| Fri, 25 Aug 2023 | ฿55.3b | ฿165.9b | -฿6,435,843,600.00 | 21.6x | -8.6x | 0.3x |
| Sun, 23 Jul 2023 | ฿56.0b | ฿171.8b | -฿5,196,956,029.00 | 18.3x | -10.8x | 0.3x |
| Tue, 20 Jun 2023 | ฿59.5b | ฿174.3b | -฿4,662,776,029.00 | 15.6x | -12.8x | 0.3x |
| Thu, 18 May 2023 | ฿63.2b | ฿177.0b | -฿4,128,108,785.00 | 27.5x | -15.3x | 0.4x |
| Sat, 15 Apr 2023 | ฿67.3b | ฿182.5b | -฿2,226,617,745.00 | 19.6x | -30.2x | 0.4x |
| Mon, 13 Mar 2023 | ฿69.3b | ฿185.5b | ฿3.1b | 14.3x | 22.6x | 0.4x |
| Wed, 08 Feb 2023 | ฿76.9b | ฿187.1b | ฿5.3b | 11.7x | 14.6x | 0.4x |
| Fri, 06 Jan 2023 | ฿72.4b | ฿188.3b | ฿5.9b | 10x | 12.2x | 0.4x |
| Sun, 04 Dec 2022 | ฿71.0b | ฿188.4b | ฿6.2b | 10.5x | 11.5x | 0.4x |
| Tue, 01 Nov 2022 | ฿74.6b | ฿191.0b | ฿11.1b | 7.5x | 6.7x | 0.4x |
| Thu, 29 Sep 2022 | ฿76.7b | ฿191.3b | ฿12.0b | 7.6x | 6.4x | 0.4x |
| Sat, 27 Aug 2022 | ฿78.2b | ฿191.3b | ฿12.0b | 7.8x | 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 | -1.85% | |
| Materials | -3.94% | |
| Metals and Mining | -2.17% | |
| Steel | -1.96% | |
| Aluminum | -6.59% | |
| Diversified Metals and Mining | -8.45% | |
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 | ฿0.13 | 8.3% +฿254.9m | -31.6% | PS0.3x | |
| 2S 2S Metal | ฿2.66 | 3.9% +฿55.0m | -9.5% | PE18.5x | |
| STPI STP&I | ฿3.90 | 0.5% +฿36.2m | 17.5% | PE124.7x | |
| BSBM Bangsaphan Barmill | ฿0.70 | 1.4% +฿11.2m | -2.8% | PS2.3x | |
| PERM Permsin Steel Works | ฿0.34 | 3.0% +฿7.7m | -57.5% | PS0.08x |