Gulf Energy Development Public Company Limited

BK:GULF Thailand Utilities - Independent Power Producers
Market Cap
$24.02 Billion
฿832.90 Billion THB
Market Cap Rank
#2136 Global
#2 in Thailand
Share Price
฿55.75
Change (1 day)
-0.89%
52-Week Range
฿38.75 - ฿62.75
All Time High
฿69.50
About

Gulf Development Public Company Limited generates and sells electricity and steam to public and private clients in Thailand and internationally. The company generates electricity through gas-fired, solar, biomass, and wind power projects under the independent power producers and small power producers. It undertakes infrastructure projects; distributes, supplies, and sells natural gas; and operate… Read more

Market Cap & Net Worth: Gulf Energy Development Public Company Limited (GULF)

Gulf Energy Development Public Company Limited (BK:GULF) has a market capitalization of $24.02 Billion (฿832.90 Billion) as of March 18, 2026. Listed on the BK stock exchange, this Thailand-based company holds position #2136 globally and #2 in its home market, demonstrating a -0.45% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Gulf Energy Development Public Company Limited's stock price ฿55.75 by its total outstanding shares 14939837683 (14.94 Billion).

Gulf Energy Development Public Company Limited Market Cap History: 2017 to 2026

Gulf Energy Development Public Company Limited's market capitalization history from 2017 to 2026. Data shows growth from $5.13 Billion to $24.02 Billion (23.29% CAGR).

Gulf Energy Development Public Company Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Gulf Energy Development Public Company Limited'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

0.21x

Gulf Energy Development Public Company Limited's market cap is 0.21 times its annual revenue

Industry average:
0.57x
Lower than industry average

Latest Price to Earnings (P/E) Ratio

1.41x

Gulf Energy Development Public Company Limited's market cap is 1.41 times its annual earnings

Industry average:
3.68x
Lower than industry average
What 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
2017 $5.13 Billion $4.35 Billion $3.45 Billion 1.18x 1.49x
2018 $6.47 Billion $17.18 Billion $3.03 Billion 0.38x 2.14x
2019 $13.33 Billion $30.04 Billion $7.17 Billion 0.44x 1.86x
2020 $14.02 Billion $32.83 Billion $6.14 Billion 0.43x 2.28x
2021 $18.93 Billion $47.47 Billion $7.67 Billion 0.40x 2.47x
2022 $23.07 Billion $94.15 Billion $11.42 Billion 0.25x 2.02x
2023 $18.79 Billion $114.05 Billion $14.86 Billion 0.16x 1.26x
2024 $25.64 Billion $120.89 Billion $18.17 Billion 0.21x 1.41x

Competitor Companies of GULF by Market Capitalization

Companies near Gulf Energy Development Public Company Limited in the global market cap rankings as of March 18, 2026.

Key companies related to Gulf Energy Development Public Company Limited by market ranking:

  • Constellation Energy Corp (NASDAQ:CEG): Ranked #189 globally with a market cap of $103.57 Billion USD.
  • Vistra Energy Corp (NYSE:VST): Ranked #427 globally with a market cap of $51.19 Billion USD.
  • Adani Power Limited (NSE:ADANIPOWER): Ranked #1762 globally with a market cap of $9.28 Billion USD ( ₹803.66 Billion INR).
  • CGN Power (SHE:003816): Ranked #1797 globally with a market cap of $9.02 Billion USD ( CN¥66.21 Billion CNY).

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#189 Constellation Energy Corp NASDAQ:CEG $103.57 Billion $305.58
#427 Vistra Energy Corp NYSE:VST $51.19 Billion $161.99
#1762 Adani Power Limited NSE:ADANIPOWER $9.28 Billion ₹154.06
#1797 CGN Power SHE:003816 $9.02 Billion CN¥4.23

Gulf Energy Development Public Company Limited Historical Marketcap From 2017 to 2026

Between 2017 and today, Gulf Energy Development Public Company Limited's market cap moved from $5.13 Billion to $ 24.02 Billion, with a yearly change of 23.29%.

Year Market Cap Change (%)
2026 ฿24.02 Billion +33.53%
2025 ฿17.99 Billion -29.83%
2024 ฿25.64 Billion +36.41%
2023 ฿18.79 Billion -18.53%
2022 ฿23.07 Billion +21.83%
2021 ฿18.93 Billion +35.06%
2020 ฿14.02 Billion +5.13%
2019 ฿13.33 Billion +106.00%
2018 ฿6.47 Billion +26.12%
2017 ฿5.13 Billion --

End of Day Market Cap According to Different Sources

On Mar 17th, 2026 the market cap of Gulf Energy Development Public Company Limited was reported to be:

Source Market Cap
Yahoo Finance $24.02 Billion USD
MoneyControl $24.02 Billion USD
MarketWatch $24.02 Billion USD
marketcap.company $24.02 Billion USD
Reuters $24.02 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.