Gulf Development Public Company Limited

GULF.BK·Thailand·Utilities

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62.50+1.50 (+2.46%)today

At close: Nov 5, 4:38 PM ICT · May be delayed up to 15 min · THB

Key statistics

Previous close61.00

Open60.75

Day range60.7562.50

52-week range39.7568.50

Off day high0.00%

Off 52-week high−8.76%

Volume85.99M

Avg. volume (3M)34.54M

Market cap933.74B

EPS (TTM)5.09

Forward P/E24.53

P/E ratio (TTM)12.28

Dividend yield1.72% (1.05)

Beta (5Y)—

Shares outstanding14.94B

Short interest—

Earnings dateMay 8, 2025

Analyst target79.15

Profit margin26.45%

Against its peers

Compare in full ›

	GULF.BK	BGRIM.BK	ECGF.F	POW.VN	GUNKUL.BK	BANPU.BK
Market cap	933.74B	58.92B	1.97B	383.48T	43.88B	42.36B
P/E (TTM)	12.3	44.3	113.3	5.3	22.5	—
Forward P/E	24.5	23.7	—	17.6	19.0	12.3
Price/book	3.0	3.1	0.7	0.9	2.9	1.1
Dividend yield	1.72%	2.02%	5.22%	—	2.90%	6.68%
1-year change	+39.43%	+29.94%	+5.19%	+0.21%	+152.36%	+14.06%
Today	+2.46%	+10.78%	+4.94%	+0.40%	+2.49%	−1.42%

The closest companies by business and industry (Utilities - Independent Power Producers). Prices may be delayed up to 15 min.

Related companies

Compare ›

The businesses closest to Gulf Development Public's by what they do, from their descriptions, with the same industry weighted in.

Company	Mkt cap	Price	Today
B.Grimm Power Public Company LimitedBGRIM.BK · Utilities - Independent Power Producers	58.92B	22.60	+10.78%
Electricity Generating Public Company LimitedECGF.F · Utilities - Independent Power Producers	1.97B	3.4000	+4.94%
PetroVietnam Power Corporation - JSCPOW.VN · Utilities - Independent Power Producers	383.48T	12,500.00	+0.40%
Gunkul Engineering Public Company LimitedGUNKUL.BK · Utilities - Independent Power Producers	43.88B	4.9400	+2.49%
Banpu Public Company LimitedBANPU.BK · Utilities - Independent Power Producers	42.36B	13.90	−1.42%
Energy Absolute Public Company LimitedEA.BK · Utilities - Renewable	17.53B	2.3600	+2.61%
Saudi Energy Company5110.SR · Utilities - Regulated Electric	65.29B	15.67	+4.47%
Dubai Electricity and Water Authority (PJSC)DEWA.AE · Utilities - Diversified	136.00B	2.7200	0.00%

Other companies in Utilities - Independent Power Producers, closest in size first.

Company	Mkt cap	Price	Today
JSW Energy LimitedJSWENERGY.NS · Mumbai, India	959.31B	523.35	+2.42%
KYUDEN Holdings Inc.642A.T · Fukuoka City, Japan	967.54B	2,046.50	+1.59%
The Tata Power Company LimitedTATAPOWER.NS · Mumbai, India	1.16T	364.55	+1.26%
Torrent Power LimitedTORNTPOWER.NS · Ahmedabad, India	637.64B	1,265.40	+2.51%
Adani Energy Solutions LimitedADANIENSOL.BO · Ahmedabad, India	1.77T	1,445.15	+2.06%
CGN Power Co., Ltd.1816.HK · Shenzhen, China	172.96B	3.425	−1.30%
Power Assets Holdings Limited0006.HK · Central, Hong Kong	137.46B	64.500	+0.23%
China Resources Power Holdings Company Limited0836.HK · Wan Chai, Hong Kong	104.37B	20.160	+0.10%

Utilities companies of a similar market value (907.60B).

Company	Mkt cap	Price	Today
JSW Energy LimitedJSWENERGY.NS · Utilities - Independent Power Producers	959.31B	523.35	+2.42%
Vistra Corp.VST.MX · Utilities - Independent Power Producers	751.43B	2,238.84	−14.84%
KYUDEN Holdings Inc.642A.T · Utilities - Independent Power Producers	967.54B	2,046.50	+1.59%
NextEra Energy, Inc.NEXT34.SA · Utilities - Regulated Electric	1.01T	120.52	+1.29%
Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A.TRAN.BA · Utilities - Regulated Electric	921.81B	2,073.00	−0.72%
Siemens Energy India LimitedENRIN.BO · Utilities - Renewable	1.02T	2,860.80	−3.35%
NHPC LimitedNHPC.NS · Utilities - Renewable	809.63B	80.60	+2.69%
The Tata Power Company LimitedTATAPOWER.NS · Utilities - Independent Power Producers	1.16T	364.55	+1.26%

Also based in Bangkok, Thailand, then elsewhere in Thailand.

Company	Mkt cap	Price	Today
PTT Public Company LimitedPTT.BK · Bangkok, Thailand	1.10T	39.00	−2.50%
Advanced Info Service Public Company LimitedADVANC.BK · Bangkok, Thailand	1.02T	342.00	+1.18%
Airports of Thailand Public Company LimitedAOT.BK · Bangkok, Thailand	875.00B	61.25	+1.24%
PTT Exploration and Production Public Company LimitedPTTEP.BK · Bangkok, Thailand	563.74B	142.00	−5.33%
Krung Thai Bank Public Company LimitedKTB.BK · Bangkok, Thailand	604.46B	43.25	0.00%
Kasikornbank Public Company LimitedKBANK.BK · Bangkok, Thailand	585.22B	247.00	+1.23%
SCB X Public Company LimitedSCB.BK · Bangkok, Thailand	511.80B	152.00	+0.33%
True Corporation Public Company LimitedTRUE.BK · Bangkok, Thailand	459.54B	13.30	+2.31%

Companies that serve the same markets: artificial intelligence, aerospace, telecom, energy, media & entertainment, logistics.

Company	Mkt cap	Price	Today
Elisa OyjELISA.HE · telecom · artificial intelligence · logistics	5.50B	34.26	+0.23%
Telefónica Chile S.A.CTC.SN · telecom · aerospace · logistics	509.05B	390.00	0.00%
Shengyi Technology Co.,Ltd.600183.SS · telecom · artificial intelligence · aerospace	188.93B	77.78	−3.83%
PT Elnusa TbkELSA.JK · telecom · aerospace · logistics	4.05T	555.00	0.00%
Guangzhou Haige Communications Group Incorporated Company002465.SZ · telecom · artificial intelligence · aerospace	25.04B	10.09	+0.50%
Saksoft LimitedSAKSOFT.BO · telecom · artificial intelligence · logistics	16.77B	131.15	+1.24%
Kenmec Mechanical Engineering Co., Ltd.6125.TWO · artificial intelligence · aerospace · logistics	10.28B	39.70	−5.92%
Tsubakimoto Kogyo Co., Ltd.8052.T · artificial intelligence · aerospace · logistics	56.02B	3,035.00	+1.00%

The stocks whose daily moves over the past year went most closely with Gulf Development Public's: the correlation of their daily returns, where 1 would be moving as one.

Company	Mkt cap	Price	Today
B.Grimm Power Public Company LimitedBGRIM.BK · Correlation 0.55	58.92B	22.60	+10.78%
Energy Absolute Public Company LimitedEA.BK · Correlation 0.53	17.53B	2.3600	+2.61%
Central Pattana Public Company LimitedCPN.BK · Correlation 0.50	297.33B	66.25	+1.92%
Gunkul Engineering Public Company LimitedGUNKUL.BK · Correlation 0.48	43.88B	4.9400	+2.49%
Advanced Info Service Public Company LimitedADVANC.BK · Correlation 0.44	1.02T	342.00	+1.18%
CP ALL Public Company LimitedCPALL.BK · Correlation 0.44	412.14B	46.25	+5.11%
Airports of Thailand Public Company LimitedAOT.BK · Correlation 0.43	875.00B	61.25	+1.24%
True Corporation Public Company LimitedTRUE.BK · Correlation 0.42	459.54B	13.30	+2.31%

What visitors to Gulf Development Public's page also look at.

Company	Mkt cap	Price	Today
ADVANC_ADVANCED INFO SERVICEADVANC.BK	1.02T	342.00	+1.18%
CPALL_CP ALLCPALL.BK	412.14B	46.25	+5.11%
BDMS_BANGKOK DUSIT MEDICALBDMS.BK	319.43B	20.10	+1.52%
SCB_SCB XSCB.BK	511.80B	152.00	+0.33%
AOT_AIRPORTS OF THAILANDAOT.BK	875.00B	61.25	+1.24%

From the 4SEARCH.business instruments index: what each company does (its business description), its industry, size, headquarters and the markets it serves; and from a year of daily prices, which move together. Prices may be delayed up to 20 min.

Latest news

All GULF.BK news ›

Khaosod English·Oct 16Positive

GULF Reinforces THB 100 Million Fund to Honor Thailand’s Defenders Provides THB 2 Million to Soldiers Injured in the Line of Duty

Gulf Development Public Company Limited (GULF), led by Mr. Sitamon Ratanavadi, Head of Corporate Social Responsibility, continues its commitment under the THB 100 million fund established to provide assistance and relief to soldiers who…

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From the 4Search news index, newest first.

About

Profile ›

Gulf Development Public Company Limited is a holding company based in Bangkok, Thailand. It owns businesses that operate in electricity generation, telecommunications, and infrastructure development.

From Wikipedia, CC BY-SA 4.0

SectorUtilities

IndustryUtilities - Independent Power Producers

Chief executiveSarath Ratanavadi

HeadquartersBangkok, Thailand

Websitegulf.co.th

Analyst ratings

Analysis ›

Strong buy17 analysts

Strong buy 2
Buy 15
Hold 0
Sell 0
Strong sell 0

12-month price target79.15+26.64%

Low 68.00Current 62.50High 91.00

Wall Street analyst consensus. Not a recommendation.

Earnings

Reported EPS
Estimate

Next report: Thu, May 8, 2025

Quarterly results

Financials ›

Revenue
Net income
Net margin 28.0% (Q2 '26)

Prices may be delayed up to 15 min. Not investment advice.

Track record

Leaderboard ›

Days on the list	30 d	1 yr	Best
Trending	0	0	—

Not eligible for Gainers, Losers, Most active (U.S. stocks worth $2 billion or more only).

Not eligible for Small-cap gainers, Aggressive small caps (U.S. stocks worth under $2 billion only).

Not eligible for Growth tech (U.S. technology stocks only).

Not eligible for Undervalued large caps (U.S. stocks worth $10 billion or more only).

A day counts when it ranked in the top 25 of a list. Tracked since Oct 10, 2026.

Market data is provided for information only and comes from free public sources. Prices may be delayed up to 15 minutes; data may be incomplete or inaccurate. Nothing on this page is investment advice or a recommendation to buy or sell any security. News and coverage analytics are drawn from the 4SEARCH.business index. Terms of use. How to use Finance