Thai Solar Energy Public Company Limited

Thai Solar Energy Public Company Limitedverified

TSE.BK

Price:

$0.48

Market Cap:

$1.02B

Thai Solar Energy Public Company Limited generates and distributes electricity from solar and biomass power plants to government and private sector clients in Thailand and Japan. The company also leases land. As of December 31, 2021, it had 17 solar PV farm projects, 14 solar rooftop projects, 3 biomass powerplants, and 1 Solar Floating with a total production capacity of 291.7 MW; and 1 solar floating project under construction with a capacity of 8 MW. The company was formerly known as Siam Solar Energy Co., Ltd. and changed its name to Thai Solar Energy Public Company Limited in 2009. Thai Solar Energy Public Company Limited was founded in 2008 and is headquartered in Bangkok, Thailand.

Industry

Renewable Utilities

IPO Date

2014-10-30

Stock Exchange

SET

Ticker

TSE.BK

The PE Ratio as of December 2025 (TTM) for Thai Solar Energy Public Company Limited (TSE.BK) is -1.66

According to Thai Solar Energy Public Company Limited’s latest financial reports and current stock price. The company's current PE Ratio is -1.66. This represents a change of -124.04% compared to the average of 6.91 of the last 4 quarters.

Thai Solar Energy Public Company Limited (TSE.BK) Historical PE Ratio (quarterly & annually)

How has TSE.BK PE Ratio performed in the past?

The mean historical PE Ratio of Thai Solar Energy Public Company Limited over the last ten years is 10.80. The current -1.66 PE Ratio has changed -1637.07% with respect to the historical average. Over the past ten years (40 quarters), TSE.BK's PE Ratio was at its highest in in the March 2020 quarter at 153.33. The PE Ratio was at its lowest in in the December 2021 quarter at -13.82.

Quarterly (TTM)
Annual

Average

10.80

Median

11.86

Minimum

-3.80

Maximum

22.82

Thai Solar Energy Public Company Limited (TSE.BK) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Thai Solar Energy Public Company Limited PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 207.48%

Maximum Annual PE Ratio = 22.82

Minimum Annual Increase = -118.05%

Minimum Annual PE Ratio = -3.80

Quarterly (TTM)
Annual
YearPE RatioChange
2024-3.80207.48%
2023-1.24-118.05%
20226.85-39.20%
202111.26-9.64%
202012.4668.34%
20197.40-67.56%
201822.827.54%
201721.2218.49%
201617.9136.70%
201513.10-30.52%

Thai Solar Energy Public Company Limited (TSE.BK) Average PE Ratio

How has TSE.BK PE Ratio performed in the past?

The current PE Ratio of Thai Solar Energy Public Company Limited (TSE.BK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.60

5-year avg

5.11

10-year avg

10.80

Thai Solar Energy Public Company Limited (TSE.BK) PE Ratio vs. Peers

How is TSE.BK’s PE Ratio compared to its peers?

Thai Solar Energy Public Company Limited’s PE Ratio is less than TPC Power Holding Public Company Limited (3.95), less than Eastern Power Group Public Company Limited (-0.77), greater than Asia Biomass Public Company Limited (-5.68), less than Prime Road Power Public Company Limited (-1.33), greater than Green Resources Public Company Limited (-11.67), less than Earth Tech Environment Public Company Limited (16.87), greater than Meta Corporation Public Company Limited (-2.51), greater than Scan Inter Public Company Limited (-2.18), less than Green Tech Ventures Public Company Limited (-0.01), greater than SAAM Development Public Company Limited (-228.00),

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