Header cover image

Thai (SET) Independent Power Producers and Energy Traders Industry Analysis

UpdatedJun 15, 2026
DataAggregated Company Financials
Companies8
  • 7D-3.6%
  • 3M14.6%
  • 1Y44.0%
  • YTDn/a

Over the last 7 days, the Independent Power Producers and Energy Traders industry has dropped 3.6%, driven by declines from every company within the industry. In the past year, the industry has gained 44%. As for the next few years, earnings are forecast to decline by 21% per annum.

Industry Valuation and Performance

Has the Thai Independent Power Producers and Energy Traders Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Jun 2026฿1.3t฿360.7b฿113.3b13.6x11.2x3.5x
Wed, 13 May 2026฿1.2t฿360.2b฿110.6b12.3x10.7x3.3x
Fri, 10 Apr 2026฿1.2t฿358.2b฿106.3b12.4x11.1x3.3x
Sun, 08 Mar 2026฿1.1t฿358.2b฿110.7b12.6x10.2x3.2x
Tue, 03 Feb 2026฿1.0t฿323.3b฿94.7b14.7x10.7x3.1x
Thu, 01 Jan 2026฿927.5b฿323.3b฿94.7b14.6x9.8x2.9x
Sat, 29 Nov 2025฿910.4b฿323.3b฿94.7b14.3x9.6x2.8x
Mon, 27 Oct 2025฿1.0t฿364.9b฿100.0b13.7x10.1x2.8x
Wed, 24 Sep 2025฿941.3b฿364.9b฿100.0b11.3x9.4x2.6x
Fri, 22 Aug 2025฿984.8b฿364.9b฿100.0b11.6x9.8x2.7x
Sun, 20 Jul 2025฿930.4b฿360.7b฿39.8b16.8x23.4x2.6x
Tue, 17 Jun 2025฿899.4b฿360.7b฿39.8b16.3x22.6x2.5x
Thu, 15 May 2025฿998.2b฿365.8b฿37.9b17.7x26.3x2.7x
Sat, 12 Apr 2025฿965.4b฿369.1b฿35.8b14.4x27x2.6x
Mon, 10 Mar 2025฿829.3b฿369.1b฿35.8b17x23.2x2.2x
Wed, 05 Feb 2025฿955.2b฿370.4b฿21.5b30.1x44.3x2.6x
Fri, 03 Jan 2025฿982.7b฿370.4b฿21.5b32.2x45.6x2.7x
Sun, 01 Dec 2024฿1.1t฿370.4b฿21.5b36x49.1x2.9x
Tue, 29 Oct 2024฿1.1t฿378.3b฿20.4b37.1x55.1x3x
Thu, 26 Sep 2024฿1.1t฿378.3b฿20.4b35.1x51.5x2.8x
Sat, 24 Aug 2024฿923.9b฿378.3b฿20.4b30.6x45.3x2.4x
Mon, 22 Jul 2024฿861.7b฿382.0b฿18.3b34.7x47.1x2.3x
Wed, 19 Jun 2024฿760.5b฿382.0b฿18.3b31.2x41.6x2x
Fri, 17 May 2024฿878.4b฿379.2b฿19.7b37.9x44.5x2.3x
Sun, 14 Apr 2024฿903.9b฿388.9b฿20.5b36.8x44.1x2.3x
Tue, 12 Mar 2024฿937.8b฿388.9b฿20.5b39.1x45.8x2.4x
Thu, 08 Feb 2024฿924.1b฿426.4b฿33.5b24x27.6x2.2x
Sat, 06 Jan 2024฿922.9b฿426.4b฿33.5b24.6x27.5x2.2x
Mon, 04 Dec 2023฿918.0b฿426.4b฿33.5b24.8x27.4x2.2x
Wed, 01 Nov 2023฿858.8b฿448.1b฿27.5b22.7x31.2x1.9x
Fri, 29 Sep 2023฿896.7b฿448.1b฿27.5b22.4x32.6x2x
Sun, 27 Aug 2023฿1.0t฿448.1b฿27.5b25.5x38.1x2.3x
Tue, 25 Jul 2023฿1.0t฿449.1b฿23.1b48.2x44.5x2.3x
Thu, 22 Jun 2023฿992.5b฿449.1b฿23.1b44.5x43x2.2x
Price to Earnings Ratio

43x


Total Market Cap: ฿992.5bTotal Earnings: ฿23.1bTotal Revenue: ฿449.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Independent Power Producers and Energy Traders Industry Price to Earnings3Y Average 29.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Thai Independent Power Producers and Energy Traders industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 11.2x which is lower than its 3-year average PE of 29.9x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Independent Power Producers and Energy Traders industry have grown 70% per year over the last three years.
  • Meanwhile revenues for these companies have declined 7.0% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Thai Independent Power Producers and Energy Traders compare with similar industries?

TH Market0.63%
Utilities-3.29%
Renewable Energy-3.46%
Independent Power Producers and Energy Traders-3.65%
Renewable Energy-1.87%
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?

CompanyLast Price7D1YValuation
GULF Gulf Development฿65.000.8%
+฿7.5b
48.6%PE10.9x
BGRIM B.Grimm Power฿16.4014.7%
+฿5.5b
69.9%PE52x
GPSC Global Power Synergy฿41.753.1%
+฿3.5b
34.7%PE16.9x
RATCH Ratch Group฿30.753.4%
+฿2.2b
23.5%PE10.7x
EGCO Electricity Generating฿118.002.6%
+฿1.6b
12.4%PE30.7x

Latest News