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Thai (SET) Packaging Industry Analysis

UpdatedNov 04, 2025
DataAggregated Company Financials
Companies24
  • 7D-1.6%
  • 3M-2.0%
  • 1Y-26.1%
  • YTD-9.8%

Over the last 7 days, the Packaging industry has dropped 1.6%, driven by SCG Packaging declining 3.3%. Overall the industry is down 26% in 12 months. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

Has the Thai Packaging Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 05 Nov 2025฿129.8b฿227.8b฿7.2b9.3x17.9x0.6x
Fri, 03 Oct 2025฿136.4b฿235.6b฿8.7b9.3x15.7x0.6x
Sun, 31 Aug 2025฿127.3b฿235.6b฿8.7b9.3x14.7x0.5x
Tue, 29 Jul 2025฿130.8b฿234.2b฿8.2b8.5x15.9x0.6x
Thu, 26 Jun 2025฿126.2b฿234.2b฿8.2b8.5x15.3x0.5x
Sat, 24 May 2025฿128.7b฿234.5b฿8.6b8.6x15x0.5x
Mon, 21 Apr 2025฿111.8b฿235.7b฿9.6b8.5x11.7x0.5x
Wed, 19 Mar 2025฿124.3b฿235.7b฿9.6b8.4x13x0.5x
Fri, 14 Feb 2025฿121.7b฿234.5b฿9.7b8.5x12.6x0.5x
Sun, 12 Jan 2025฿134.4b฿235.1b฿10.9b9.1x12.3x0.6x
Tue, 10 Dec 2024฿150.6b฿235.1b฿10.9b9.4x13.8x0.6x
Thu, 07 Nov 2024฿174.1b฿233.2b฿10.9b10.8x15.9x0.7x
Sat, 05 Oct 2024฿194.8b฿231.4b฿11.7b10.8x16.7x0.8x
Mon, 02 Sep 2024฿171.5b฿231.4b฿11.7b11x14.7x0.7x
Wed, 31 Jul 2024฿186.4b฿229.8b฿11.0b11.3x17x0.8x
Fri, 28 Jun 2024฿209.7b฿227.8b฿11.0b11.5x19.1x0.9x
Sun, 26 May 2024฿209.3b฿227.9b฿11.0b11.5x19.1x0.9x
Tue, 23 Apr 2024฿196.6b฿227.0b฿9.6b13.4x20.5x0.9x
Thu, 21 Mar 2024฿189.0b฿227.0b฿9.6b13.9x19.7x0.8x
Sat, 17 Feb 2024฿199.2b฿103.7b฿6.4b15x30.9x1.9x
Mon, 15 Jan 2024฿213.6b฿230.1b฿8.2b14.7x26x0.9x
Wed, 13 Dec 2023฿222.8b฿230.1b฿8.2b14.9x27.1x1x
Fri, 10 Nov 2023฿224.1b฿246.4b฿8.7b13.9x25.8x0.9x
Sun, 08 Oct 2023฿226.9b฿241.2b฿9.5b12.6x23.9x0.9x
Tue, 05 Sep 2023฿248.9b฿241.2b฿9.5b14.3x26.2x1x
Thu, 03 Aug 2023฿245.3b฿246.3b฿11.2b12.6x22x1x
Sat, 01 Jul 2023฿233.3b฿252.1b฿11.5b12.4x20.3x0.9x
Mon, 29 May 2023฿245.3b฿252.3b฿11.5b12.4x21.3x1x
Wed, 26 Apr 2023฿262.9b฿258.5b฿13.8b12.3x19.1x1x
Fri, 24 Mar 2023฿286.2b฿258.5b฿13.8b12.4x20.8x1.1x
Sun, 19 Feb 2023฿308.8b฿259.4b฿14.6b12.1x21.1x1.2x
Tue, 17 Jan 2023฿332.4b฿260.3b฿17.5b12.3x19x1.3x
Thu, 15 Dec 2022฿344.2b฿262.6b฿17.3b12.6x19.9x1.3x
Sat, 12 Nov 2022฿342.3b฿259.3b฿17.3b12.8x19.8x1.3x
Price to Earnings Ratio

19.8x


Total Market Cap: ฿342.3bTotal Earnings: ฿17.3bTotal Revenue: ฿259.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Packaging Industry Price to Earnings3Y Average 18.7x202320242025
Current Industry PE
  • Investors are relatively neutral on the Thai Packaging 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 PE ratio of 18.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
  • The earnings for companies in the Packaging industry have declined 25% per year over the last three years,
  • Revenues have also declined 4.2% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Thai Materials industry?

TH Market-1.13%
Materials-3.10%
Packaging-1.56%
Metal and Glass Containers-0.80%
Paper Packaging-1.77%
Industry PE
  • Investors are most optimistic about the Paper Packaging industry, which is trading close to its 3-year average PE ratio of 21.7x.
    • Analysts are expecting annual earnings growth of 21.4%, which is higher than its past year's earnings decline of 13.3% per year.
  • Investors are most pessimistic about the Metal and Glass Containers industry, which is trading below its 3-year average of 11.1x.
Forecasted Growth
  • Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 13% per year.
  • In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 9.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PTL Polyplex (Thailand)฿9.450.5%
+฿45.0m
-27.9%PE19.1x
SITHAI Srithai Superware฿1.051.0%
+฿26.4m
-23.9%PE16.6x
TCOAT Thai Coating Industrial฿26.009.7%
+฿24.2m
3.0%PS0.4x
STP Sahathai Printing & Packaging฿10.901.9%
+฿20.0m
-18.7%PE6.3x
TPP Thai Packaging & Printing฿11.704.5%
+฿18.8m
-10.0%PE14.6x

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