Vietnamese (HOSE) Energy Sector Analysis

UpdatedFeb 11, 2026

DataAggregated Company Financials

Companies31

7D-6.4%
3M41.8%
1Y47.2%
YTD33.6%

Over the last 7 days, the Energy industry has dropped 6.4%, driven by Vietnam National Petroleum Group declining 14%. In contrast, Petrolimex Installation No.III has gained 9.2%. Over the past 12 months, the industry was up 47%. Earnings are forecast to grow by 15% 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 Feb 2026	₫247.1t	₫572.2t	₫9.5t	11.1x	25.9x	0.4x
Fri, 09 Jan 2026	₫206.5t	₫564.5t	₫8.7t	11.2x	23.7x	0.4x
Sun, 07 Dec 2025	₫173.7t	₫559.7t	₫8.5t	11.8x	20.4x	0.3x
Tue, 04 Nov 2025	₫173.9t	₫559.3t	₫8.3t	11.5x	20.9x	0.3x
Thu, 02 Oct 2025	₫176.2t	₫529.1t	₫5.3t	13.8x	33.4x	0.3x
Sat, 30 Aug 2025	₫178.8t	₫529.1t	₫5.3t	14.5x	33.9x	0.3x
Mon, 28 Jul 2025	₫161.0t	₫507.0t	₫5.5t	13.9x	29.3x	0.3x
Wed, 25 Jun 2025	₫153.8t	₫506.4t	₫5.5t	12.3x	27.7x	0.3x
Fri, 23 May 2025	₫141.8t	₫504.2t	₫5.4t	12.2x	26.4x	0.3x
Sun, 20 Apr 2025	₫136.4t	₫510.0t	₫6.7t	11.7x	20.3x	0.3x
Tue, 18 Mar 2025	₫165.7t	₫514.1t	₫9.5t	13.3x	17.4x	0.3x
Thu, 13 Feb 2025	₫168.3t	₫509.8t	₫8.9t	12.3x	18.9x	0.3x
Sat, 11 Jan 2025	₫99.6t	₫367.0t	₫5.2t	10.6x	19x	0.3x
Mon, 09 Dec 2024	₫104.9t	₫366.6t	₫5.2t	10.6x	20x	0.3x
Wed, 06 Nov 2024	₫106.9t	₫366.6t	₫5.3t	10.6x	20.4x	0.3x
Fri, 04 Oct 2024	₫115.9t	₫371.4t	₫5.9t	10.8x	19.8x	0.3x
Sun, 01 Sep 2024	₫122.0t	₫371.4t	₫5.9t	11.2x	20.8x	0.3x
Tue, 30 Jul 2024	₫121.3t	₫359.3t	₫5.5t	11.3x	22.2x	0.3x
Thu, 27 Jun 2024	₫114.0t	₫358.6t	₫5.5t	11.4x	20.9x	0.3x
Sat, 25 May 2024	₫117.4t	₫364.8t	₫5.6t	9.8x	20.8x	0.3x
Mon, 22 Apr 2024	₫102.1t	₫352.6t	₫5.1t	10.4x	20.2x	0.3x
Wed, 20 Mar 2024	₫107.4t	₫353.5t	₫6.1t	9.4x	17.6x	0.3x
Fri, 16 Feb 2024	₫102.2t	₫352.0t	₫6.1t	9.2x	16.7x	0.3x
Sun, 14 Jan 2024	₫100.6t	₫363.9t	₫5.7t	14.6x	17.7x	0.3x
Tue, 12 Dec 2023	₫103.7t	₫363.8t	₫5.7t	14.5x	18.3x	0.3x
Thu, 09 Nov 2023	₫99.8t	₫363.9t	₫5.7t	14.6x	17.5x	0.3x
Sat, 07 Oct 2023	₫100.3t	₫349.6t	₫5.1t	14.2x	19.8x	0.3x
Mon, 04 Sep 2023	₫102.6t	₫349.5t	₫5.1t	14x	20.1x	0.3x
Wed, 02 Aug 2023	₫105.8t	₫369.4t	₫3.8t	11.8x	27.5x	0.3x
Fri, 30 Jun 2023	₫99.6t	₫379.1t	₫3.8t	12x	26.4x	0.3x
Sun, 28 May 2023	₫96.1t	₫379.1t	₫3.8t	12.1x	25.3x	0.3x
Tue, 25 Apr 2023	₫88.8t	₫383.0t	₫3.3t	11.5x	27x	0.2x
Thu, 23 Mar 2023	₫85.0t	₫383.6t	₫3.6t	10x	23.6x	0.2x
Sat, 18 Feb 2023	₫92.3t	₫383.6t	₫3.6t	10.3x	25.5x	0.2x

Price to Earnings Ratio

25.5x

Sat, 18 Feb 2023

Current Industry PE

Investors are optimistic on the Vietnamese Energy industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 25.9x which is higher than its 3-year average PE of 22.6x.

The industry is trading close to its 3-year average PS ratio of 0.30x.

Past Earnings Growth

The earnings for companies in the Energy industry have grown 38% per year over the last three years.
Revenues for these companies have grown 14% 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	-3.39%
Energy	-6.37%
Oil and Gas	-6.31%
Energy Services	-6.65%

Industry PE

Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio of 23.7x.

Analysts are expecting annual earnings growth of 16.4%, which is higher than its past year's earnings growth of 2.1% per year.

Investors are most pessimistic about the Energy Services industry, which is trading below its 3-year average of 21.9x.

Forecasted Growth

Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 16% over the next 5 years.
This is better than its past earnings growth rate of 2.1% per year.