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Thai (SET) Renewable Energy Industry Analysis
UpdatedJul 09, 2025
DataAggregated Company Financials
Companies19
- 7D3.4%
- 3M6.3%
- 1Y-48.4%
- YTDn/a
In the last week, the Renewable Energy industry is up 1.4%, with BCPG up 16%. Meanwhile, Energy Absolute actually underperformed within the industry, shrinking 7.3% in the last week. In contrast, the industry has lost 51% in the last 12 months. Looking forward, earnings are forecast to decline by 4.9% per year.
Industry Valuation and Performance
Has the Thai Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 09 Jul 2025 | ฿131.4b | ฿79.2b | ฿4.4b | 10.7x | 29.8x | 1.7x |
| Fri, 06 Jun 2025 | ฿138.5b | ฿79.2b | ฿4.4b | 11.8x | 31.4x | 1.7x |
| Sun, 04 May 2025 | ฿138.9b | ฿82.9b | ฿5.0b | 11.8x | 27.7x | 1.7x |
| Tue, 01 Apr 2025 | ฿132.7b | ฿82.9b | ฿5.0b | 11.3x | 26.5x | 1.6x |
| Thu, 27 Feb 2025 | ฿146.1b | ฿84.6b | ฿10.9b | 12.7x | 13.5x | 1.7x |
| Sat, 25 Jan 2025 | ฿147.7b | ฿87.9b | ฿10.8b | 13.4x | 13.7x | 1.7x |
| Mon, 23 Dec 2024 | ฿152.1b | ฿87.9b | ฿10.8b | 12.2x | 14.1x | 1.7x |
| Wed, 20 Nov 2024 | ฿171.3b | ฿88.0b | ฿9.2b | 12.6x | 18.6x | 1.9x |
| Fri, 18 Oct 2024 | ฿196.9b | ฿89.8b | ฿11.3b | 12.8x | 17.5x | 2.2x |
| Sun, 15 Sep 2024 | ฿191.5b | ฿89.8b | ฿11.3b | 13.2x | 17x | 2.1x |
| Tue, 13 Aug 2024 | ฿161.9b | ฿94.2b | ฿14.5b | 11.4x | 11.1x | 1.7x |
| Thu, 11 Jul 2024 | ฿209.9b | ฿93.4b | ฿13.4b | 12.5x | 15.7x | 2.2x |
| Sat, 08 Jun 2024 | ฿244.1b | ฿93.4b | ฿13.5b | 12.9x | 18.1x | 2.6x |
| Mon, 06 May 2024 | ฿287.9b | ฿96.8b | ฿16.4b | 15.1x | 17.6x | 3x |
| Wed, 03 Apr 2024 | ฿304.3b | ฿96.8b | ฿16.4b | 16.2x | 18.6x | 3.1x |
| Fri, 01 Mar 2024 | ฿313.6b | ฿99.0b | ฿20.1b | 15.3x | 15.6x | 3.2x |
| Sun, 28 Jan 2024 | ฿333.2b | ฿102.4b | ฿21.0b | 14.9x | 15.8x | 3.3x |
| Tue, 26 Dec 2023 | ฿344.7b | ฿102.3b | ฿21.1b | 14.7x | 16.3x | 3.4x |
| Thu, 23 Nov 2023 | ฿353.5b | ฿102.3b | ฿21.1b | 14.5x | 16.8x | 3.5x |
| Sat, 21 Oct 2023 | ฿343.8b | ฿103.5b | ฿24.5b | 12.4x | 14x | 3.3x |
| Mon, 18 Sep 2023 | ฿416.8b | ฿103.5b | ฿24.5b | 13.5x | 17x | 4x |
| Wed, 16 Aug 2023 | ฿408.2b | ฿103.1b | ฿24.6b | 13.6x | 16.6x | 4x |
| Fri, 14 Jul 2023 | ฿399.7b | ฿105.5b | ฿25.6b | 12.3x | 15.6x | 3.8x |
| Sun, 11 Jun 2023 | ฿448.6b | ฿105.5b | ฿25.6b | 13.4x | 17.5x | 4.3x |
| Tue, 09 May 2023 | ฿472.4b | ฿100.0b | ฿25.7b | 12.6x | 18.4x | 4.7x |
| Thu, 06 Apr 2023 | ฿518.6b | ฿100.0b | ฿25.7b | 13.6x | 20.2x | 5.2x |
| Sat, 04 Mar 2023 | ฿504.2b | ฿94.2b | ฿27.2b | 14.4x | 18.5x | 5.4x |
| Mon, 30 Jan 2023 | ฿571.0b | ฿92.1b | ฿27.5b | 16.2x | 20.7x | 6.2x |
| Wed, 28 Dec 2022 | ฿608.0b | ฿87.7b | ฿27.2b | 18.1x | 22.3x | 6.9x |
| Fri, 25 Nov 2022 | ฿610.9b | ฿87.7b | ฿27.2b | 18.1x | 22.4x | 7x |
| Sun, 23 Oct 2022 | ฿607.3b | ฿85.2b | ฿26.0b | 17.6x | 23.3x | 7.1x |
| Tue, 20 Sep 2022 | ฿589.3b | ฿85.2b | ฿26.0b | 18.8x | 22.7x | 6.9x |
| Thu, 18 Aug 2022 | ฿567.4b | ฿84.3b | ฿25.8b | 16.3x | 22x | 6.7x |
| Sat, 16 Jul 2022 | ฿554.6b | ฿83.2b | ฿26.3b | 15.9x | 21.1x | 6.7x |
Price to Earnings Ratio
21.1x
Current Industry PE
- Investors are optimistic on the Thai Renewable Electricity industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 29.6x which is higher than its 3-year average PE of 19.0x.
- The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Renewable Electricity industry have declined 45% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Thai Renewable Energy compare with similar industries?
| TH Market | 0.52% | |
| Utilities | -0.56% | |
| Renewable Energy | -0.51% | |
| Renewable Energy | 3.42% | |
| Independent Power Producers and Energy Traders | -1.10% | |
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 | |
|---|---|---|---|---|---|
| BCPG BCPG | ฿6.40 | 7.6% +฿1.3b | -5.2% | PE12.5x | |
| CKP CK Power | ฿2.44 | 6.1% +฿1.1b | -38.4% | PE10.6x | |
| EA Energy Absolute | ฿2.32 | 3.6% +฿594.1m | -81.3% | PS1.1x | |
| GUNKUL Gunkul Engineering | ฿1.57 | 3.3% +฿430.1m | -38.7% | PE7.8x | |
| SUPER Super Energy Corporation | ฿0.15 | 7.1% +฿273.5m | -48.3% | PE3.1x |