Absolute Clean Energy PCL
Absolute Clean Energy Public Company Limited, together with its subsidiaries, produces and distributes electricity and steam from renewable energy in Thailand. The company operates through four segments: Biomass Power Plants, Solid Waste Power Plants, Natural Gas Power Plants, and Solar Energy Power Plants. It holds 45 COD powerplants with a total of 440.22 megawatts. Absolute Clean Energy Public… Read more
Market Cap & Net Worth: Absolute Clean Energy PCL (ACE)
Absolute Clean Energy PCL (BK:ACE) has a market capitalization of $362.75 Million (฿12.58 Billion) as of March 19, 2026. Listed on the BK stock exchange, this Thailand-based company holds position #19291 globally and #172 in its home market, demonstrating a 0.78% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Absolute Clean Energy PCL's stock price ฿1.29 by its total outstanding shares 9750747760 (9.75 Billion).
Absolute Clean Energy PCL Market Cap History: 2019 to 2026
Absolute Clean Energy PCL's market capitalization history from 2019 to 2026. Data shows change from $1.16 Billion to $362.75 Million (-18.02% CAGR).
Absolute Clean Energy PCL Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Absolute Clean Energy PCL's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.06x
Absolute Clean Energy PCL's market cap is 0.06 times its annual revenue
1.19x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.46x
Absolute Clean Energy PCL's market cap is 0.46 times its annual earnings
10.56x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2019 | $1.16 Billion | $4.95 Billion | $815.31 Million | 0.24x | 1.43x |
| 2020 | $1.01 Billion | $5.86 Billion | $1.51 Billion | 0.17x | 0.67x |
| 2021 | $977.91 Million | $5.73 Billion | $1.51 Billion | 0.17x | 0.65x |
| 2022 | $759.25 Million | $6.92 Billion | $1.28 Billion | 0.11x | 0.59x |
| 2023 | $430.24 Million | $6.58 Billion | $1.07 Billion | 0.07x | 0.40x |
| 2024 | $382.44 Million | $6.45 Billion | $838.72 Million | 0.06x | 0.46x |
Competitor Companies of ACE by Market Capitalization
Companies near Absolute Clean Energy PCL in the global market cap rankings as of March 19, 2026.
Key companies related to Absolute Clean Energy PCL by market ranking:
- China Yangtze Power Co. Ltd. GDR (LSE:CYPC): Ranked #26 globally with a market cap of $403.53 Billion USD.
- CN YANGT.PWR GDR REG S/A (F:CYZB): Ranked #300 globally with a market cap of $71.71 Billion USD ( €69.86 Billion EUR).
- China Yangtze Power Co Ltd (SHG:600900): Ranked #547 globally with a market cap of $39.27 Billion USD ( CN¥288.15 Billion CNY).
- The Kansai Electric Power Company Incorporated (F:KPO): Ranked #1299 globally with a market cap of $14.05 Billion USD ( €13.69 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #26 | China Yangtze Power Co. Ltd. GDR | LSE:CYPC | $403.53 Billion | $38.40 |
| #300 | CN YANGT.PWR GDR REG S/A | F:CYZB | $71.71 Billion | €35.00 |
| #547 | China Yangtze Power Co Ltd | SHG:600900 | $39.27 Billion | CN¥27.42 |
| #1299 | The Kansai Electric Power Company Incorporated | F:KPO | $14.05 Billion | €13.69 |
Absolute Clean Energy PCL Historical Marketcap From 2019 to 2026
Between 2019 and today, Absolute Clean Energy PCL's market cap moved from $1.16 Billion to $ 362.75 Million, with a yearly change of -18.02%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ฿362.75 Million | -1.53% |
| 2025 | ฿368.37 Million | -3.68% |
| 2024 | ฿382.44 Million | -11.11% |
| 2023 | ฿430.24 Million | -43.33% |
| 2022 | ฿759.25 Million | -22.36% |
| 2021 | ฿977.91 Million | -3.36% |
| 2020 | ฿1.01 Billion | -13.04% |
| 2019 | ฿1.16 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Absolute Clean Energy PCL was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $362.75 Million USD |
| MoneyControl | $362.75 Million USD |
| MarketWatch | $362.75 Million USD |
| marketcap.company | $362.75 Million USD |
| Reuters | $362.75 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.