Vietnamese (HOSE) Energy Sector Analysis

UpdatedMar 11, 2026

DataAggregated Company Financials

Companies31

7D-10.4%
3M83.8%
1Y82.9%
YTD67.1%

Over the last 7 days, the Energy industry has dropped 10%, driven by Vietnam National Petroleum Group declining 19%. Meanwhile, HocMon Trade actually outperformed within the industry, gaining 9.9% in the last week. Over the past 12 months, the industry was up 83%. Earnings are forecast to grow by 7.5% annually.

Sector Valuation and Performance

Has the Vietnamese Energy Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 11 Mar 2026	₫309.0t	₫584.7t	₫13.2t	11x	23.5x	0.5x
Fri, 06 Feb 2026	₫262.6t	₫572.5t	₫9.5t	11.1x	27.6x	0.5x
Sun, 04 Jan 2026	₫180.6t	₫564.5t	₫8.7t	10.9x	20.7x	0.3x
Tue, 02 Dec 2025	₫173.4t	₫559.7t	₫8.5t	11.3x	20.4x	0.3x
Thu, 30 Oct 2025	₫179.1t	₫530.7t	₫5.5t	12.2x	32.8x	0.3x
Sat, 27 Sep 2025	₫181.4t	₫529.1t	₫5.3t	14.1x	34.3x	0.3x
Mon, 25 Aug 2025	₫182.9t	₫529.1t	₫5.3t	14.5x	34.7x	0.3x
Wed, 23 Jul 2025	₫155.0t	₫506.4t	₫5.5t	13.3x	28x	0.3x
Fri, 20 Jun 2025	₫160.2t	₫506.4t	₫5.4t	12.5x	29.6x	0.3x
Sun, 18 May 2025	₫145.3t	₫503.9t	₫5.4t	12.3x	27x	0.3x
Tue, 15 Apr 2025	₫140.5t	₫509.7t	₫6.7t	11.7x	20.9x	0.3x
Thu, 13 Mar 2025	₫168.9t	₫514.1t	₫9.6t	13.7x	17.6x	0.3x
Sat, 08 Feb 2025	₫167.2t	₫509.6t	₫8.9t	12.3x	18.8x	0.3x
Mon, 06 Jan 2025	₫102.7t	₫367.1t	₫5.2t	10.6x	19.6x	0.3x
Wed, 04 Dec 2024	₫103.9t	₫366.6t	₫5.2t	10.5x	19.9x	0.3x
Fri, 01 Nov 2024	₫109.0t	₫373.0t	₫5.8t	10.8x	18.7x	0.3x
Sun, 29 Sep 2024	₫116.6t	₫371.3t	₫5.9t	10.9x	19.9x	0.3x
Tue, 27 Aug 2024	₫121.7t	₫371.4t	₫5.9t	11x	20.8x	0.3x
Thu, 25 Jul 2024	₫119.0t	₫358.5t	₫5.5t	11.1x	21.7x	0.3x
Sat, 22 Jun 2024	₫118.7t	₫364.8t	₫5.6t	9.4x	21.1x	0.3x
Mon, 20 May 2024	₫114.7t	₫361.1t	₫5.7t	9.6x	20x	0.3x
Wed, 17 Apr 2024	₫105.1t	₫353.3t	₫5.9t	9.5x	17.7x	0.3x
Fri, 15 Mar 2024	₫108.6t	₫353.5t	₫6.1t	9.5x	17.8x	0.3x
Sun, 11 Feb 2024	₫101.6t	₫352.0t	₫6.1t	9.1x	16.6x	0.3x
Tue, 09 Jan 2024	₫102.1t	₫363.9t	₫5.7t	14.6x	18x	0.3x
Thu, 07 Dec 2023	₫105.2t	₫363.9t	₫5.7t	14.5x	18.5x	0.3x
Sat, 04 Nov 2023	₫95.3t	₫353.9t	₫5.7t	11.1x	16.6x	0.3x
Mon, 02 Oct 2023	₫104.7t	₫349.6t	₫5.1t	14.5x	20.7x	0.3x
Wed, 30 Aug 2023	₫101.2t	₫349.6t	₫5.1t	13.1x	19.8x	0.3x
Fri, 28 Jul 2023	₫104.8t	₫370.8t	₫3.7t	11.8x	28.4x	0.3x
Sun, 25 Jun 2023	₫98.3t	₫379.1t	₫3.8t	11.9x	26x	0.3x
Tue, 23 May 2023	₫95.1t	₫379.1t	₫3.8t	11.7x	25x	0.3x
Thu, 20 Apr 2023	₫88.6t	₫383.2t	₫3.3t	10.5x	26.9x	0.2x
Sat, 18 Mar 2023	₫88.2t	₫383.6t	₫3.6t	10.3x	24.3x	0.2x

Price to Earnings Ratio

24.3x

Sat, 18 Mar 2023

Current Industry PE

Investors are relatively neutral on the Vietnamese Energy 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 22.6x.

The industry is trading close to its 3-year average PS ratio of 0.31x.

Past Earnings Growth

The earnings for companies in the Energy industry have grown 54% per year over the last three years.
Revenues for these companies have grown 15% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Vietnamese Energy sector?


VN Market	-7.62%
Energy	-10.40%
Oil and Gas	-9.12%
Energy Services	-17.17%

Industry PE

Investors are most optimistic about the Oil and Gas industry, which is trading close to its 3-year average PE ratio of 23.6x.

Analysts are expecting annual earnings growth of 6.6%, which is lower than the prior year's growth of 9.6% per year.

Investors are most pessimistic about the Energy Services industry, which is trading below its 3-year average of 21.8x.

Forecasted Growth

Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 13% over the next 5 years.
However this is lower than its past earnings growth rate of 92% per year.