ABSOLUTE CLEAN ENERGY
Absolute Clean Energy Public Company Limited, together with its subsidiaries, produces and distributes electricity from renewable energy in Thailand. It operates through four segments: Biomass Power Plants, Solid Waste Power Plants, Natural Gas Power Plants, and Solar Energy Power Plants. The company holds 24 COD powerplants with a total of 277.57 megawatts. The company was founded in 1979 and is… Read more
Market Cap & Net Worth: ABSOLUTE CLEAN ENERGY (ACE-R)
ABSOLUTE CLEAN ENERGY (BK:ACE-R) has a market capitalization of $368.48 Million (฿12.78 Billion) as of March 18, 2026. Listed on the BK stock exchange, this Thailand-based company holds position #19178 globally and #169 in its home market, demonstrating a 0.77% 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's stock price ฿1.31 by its total outstanding shares 9753550760 (9.75 Billion).
ABSOLUTE CLEAN ENERGY Market Cap History: 2019 to 2025
ABSOLUTE CLEAN ENERGY's market capitalization history from 2019 to 2025. Data shows change from $1.13 Billion to $368.48 Million (-19.65% CAGR).
ABSOLUTE CLEAN ENERGY Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how ABSOLUTE CLEAN ENERGY'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
0.08x
ABSOLUTE CLEAN ENERGY's market cap is 0.08 times its annual revenue
1.19x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.49x
ABSOLUTE CLEAN ENERGY's market cap is 0.49 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 | $1.13 Billion | $4.95 Billion | $815.31 Million | 0.23x | 1.38x |
| 2020 | $1.03 Billion | $5.86 Billion | $1.51 Billion | 0.18x | 0.68x |
| 2021 | $978.25 Million | $5.73 Billion | $1.51 Billion | 0.17x | 0.65x |
| 2022 | $748.21 Million | $6.92 Billion | $1.28 Billion | 0.11x | 0.58x |
| 2023 | $528.81 Million | $6.58 Billion | $1.07 Billion | 0.08x | 0.49x |
Competitor Companies of ACE-R by Market Capitalization
Companies near ABSOLUTE CLEAN ENERGY in the global market cap rankings as of March 18, 2026.
Key companies related to ABSOLUTE CLEAN ENERGY 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 Historical Marketcap From 2019 to 2025
Between 2019 and today, ABSOLUTE CLEAN ENERGY's market cap moved from $1.13 Billion to $ 368.48 Million, with a yearly change of -19.65%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | ฿368.48 Million | +2.34% |
| 2024 | ฿360.04 Million | -31.91% |
| 2023 | ฿528.81 Million | -29.32% |
| 2022 | ฿748.21 Million | -23.51% |
| 2021 | ฿978.25 Million | -4.86% |
| 2020 | ฿1.03 Billion | -8.86% |
| 2019 | ฿1.13 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of ABSOLUTE CLEAN ENERGY was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $368.48 Million USD |
| MoneyControl | $368.48 Million USD |
| MarketWatch | $368.48 Million USD |
| marketcap.company | $368.48 Million USD |
| Reuters | $368.48 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.