Have your own idea? Try our Stock Screener
Thai (SET) Water Industry Analysis
UpdatedMay 23, 2026
DataAggregated Company Financials
Companies3
- 7D4.2%
- 3M6.0%
- 1Y29.1%
- YTDn/a
In the last week, the Water industry is up 4.2%, with WHA Utilities and Power up 12%. In the last 12 months, the industry was up 29%. Earnings are forecast to grow by 6.0% annually.
Industry Valuation and Performance
Has the Thai Water Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 May 2026 | ฿65.0b | ฿12.4b | ฿4.4b | 19.4x | 14.7x | 5.2x |
| Mon, 20 Apr 2026 | ฿58.7b | ฿12.0b | ฿4.3b | 17x | 13.7x | 4.9x |
| Wed, 18 Mar 2026 | ฿57.2b | ฿12.0b | ฿4.3b | 16.6x | 13.3x | 4.8x |
| Fri, 13 Feb 2026 | ฿59.5b | ฿12.0b | ฿4.3b | 17.4x | 13.8x | 5x |
| Sun, 11 Jan 2026 | ฿56.0b | ฿12.0b | ฿4.3b | 15.1x | 13x | 4.7x |
| Tue, 09 Dec 2025 | ฿57.2b | ฿12.0b | ฿4.3b | 16.4x | 13.3x | 4.8x |
| Thu, 06 Nov 2025 | ฿55.7b | ฿11.8b | ฿3.8b | 23.2x | 14.6x | 4.7x |
| Sat, 04 Oct 2025 | ฿57.1b | ฿11.8b | ฿3.8b | 23.8x | 15x | 4.8x |
| Mon, 01 Sep 2025 | ฿55.1b | ฿11.8b | ฿3.8b | 22x | 14.4x | 4.7x |
| Wed, 30 Jul 2025 | ฿52.5b | ฿12.0b | ฿3.9b | 14.9x | 13.5x | 4.4x |
| Fri, 27 Jun 2025 | ฿49.2b | ฿12.0b | ฿3.9b | 13.9x | 12.6x | 4.1x |
| Sun, 25 May 2025 | ฿50.3b | ฿12.0b | ฿3.9b | 14.1x | 12.9x | 4.2x |
| Tue, 22 Apr 2025 | ฿51.4b | ฿12.1b | ฿4.0b | 12.6x | 13x | 4.2x |
| Thu, 20 Mar 2025 | ฿52.7b | ฿12.1b | ฿4.0b | 12.7x | 13.3x | 4.3x |
| Sat, 15 Feb 2025 | ฿52.9b | ฿12.2b | ฿4.1b | 11.7x | 12.9x | 4.3x |
| Mon, 13 Jan 2025 | ฿54.9b | ฿12.2b | ฿4.1b | 12.6x | 13.3x | 4.5x |
| Wed, 11 Dec 2024 | ฿59.3b | ฿12.2b | ฿4.1b | 13.7x | 14.4x | 4.9x |
| Fri, 08 Nov 2024 | ฿60.9b | ฿12.4b | ฿4.7b | 12.7x | 13.1x | 4.9x |
| Sun, 06 Oct 2024 | ฿60.0b | ฿12.4b | ฿4.7b | 13.1x | 12.9x | 4.8x |
| Tue, 03 Sep 2024 | ฿57.4b | ฿12.4b | ฿4.7b | 13x | 12.3x | 4.6x |
| Thu, 01 Aug 2024 | ฿55.6b | ฿12.8b | ฿4.8b | 12.4x | 11.5x | 4.4x |
| Sat, 29 Jun 2024 | ฿55.9b | ฿12.8b | ฿4.8b | 12.4x | 11.6x | 4.4x |
| Mon, 27 May 2024 | ฿56.1b | ฿12.8b | ฿4.8b | 12.4x | 11.6x | 4.4x |
| Wed, 24 Apr 2024 | ฿56.5b | ฿13.0b | ฿4.9b | 12.1x | 11.6x | 4.4x |
| Fri, 22 Mar 2024 | ฿57.6b | ฿13.0b | ฿4.9b | 12.2x | 11.8x | 4.4x |
| Sun, 18 Feb 2024 | ฿61.1b | ฿13.0b | ฿4.5b | 14.6x | 13.6x | 4.7x |
| Tue, 16 Jan 2024 | ฿60.9b | ฿13.0b | ฿4.5b | 14x | 13.5x | 4.7x |
| Thu, 14 Dec 2023 | ฿56.9b | ฿13.0b | ฿4.5b | 13.2x | 12.6x | 4.4x |
| Sat, 11 Nov 2023 | ฿57.4b | ฿12.9b | ฿4.0b | 16.1x | 14.2x | 4.4x |
| Mon, 09 Oct 2023 | ฿56.8b | ฿12.8b | ฿4.1b | 15.7x | 13.9x | 4.4x |
| Wed, 06 Sep 2023 | ฿57.3b | ฿12.8b | ฿4.1b | 16.3x | 14x | 4.5x |
| Fri, 04 Aug 2023 | ฿55.8b | ฿12.5b | ฿4.2b | 12.7x | 13.3x | 4.5x |
| Sun, 02 Jul 2023 | ฿55.2b | ฿12.5b | ฿4.2b | 11.9x | 13.2x | 4.4x |
| Tue, 30 May 2023 | ฿57.8b | ฿12.5b | ฿4.2b | 14x | 13.8x | 4.6x |
Price to Earnings Ratio
13.8x
Current Industry PE
- There are only 3 companies in the Thai Water Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Both revenue and earnings for companies in the Water Utilities industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Comparison
How does Thai Water compare with similar industries?
| TH Market | 1.38% | |
| Utilities | 2.14% | |
| Water Utilities | 4.15% | |
| Water | 4.15% | |
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 | |
|---|---|---|---|---|---|
| WHAUP WHA Utilities and Power | ฿5.55 | 11.9% +฿2.3b | 72.4% | PE19.4x | |
| EASTW Eastern Water Resources Development and Management | ฿3.98 | 8.7% +฿532.4m | 128.7% | PE105.8x |