Many friends have started paying attention to hospital stocks. When asked which one to choose, they get completely confused— which is the best? Which one is worth watching? Let’s take a look at which ones are worth keeping an eye on in 2569.

In fact, hospital stocks are a relatively safe investment sector. Healthcare needs are not dependent on the economic situation. No matter whether the market is good or bad, people still need to go to hospitals, which makes income from this sector fairly steady.

When it comes to the biggest hospital stock, BDMS (บริษัทกรุงเทพดุสิตเวชการ) should be mentioned first. It’s a “jumbo” player in the industry, with a Market Cap of more than 300 billion baht. The share price is 20 baht, and the P/E is 19.5x. One advantage of BDMS is that it has a group of hospitals in both Thailand and overseas, helping to diversify risk.

But when we look at earnings per share, BH (โรงพยาบาลบำรุงราษฎร์) is no ordinary case. Its ROE is as high as 31.9%, which is truly impressive. The share price is 167.50 baht, which is quite high, but if you look at the P/E of 19.3x, it still makes sense compared with the profits. BH mainly focuses on international customers, which is a standout advantage in the era of medical tourism.

Another interesting one is BCH (บางกอก เชน ฮอสปิทอล). Its price is only 10.20 baht, making it easy for general investors to access. Its P/E is 19.7x, not high. Analysts have set a target to “buy” because they expect profits to grow by more than 20% next year.

For those who like trading low-priced stocks, VIBHA and CHG are also worth a look. Their prices are 1.88 and 1.50 baht, respectively. Both mainly focus on domestic customers. They’re stable, but growth has slowed down.

RAM (โรงพยาบาลรามคำแหง) specializes in specific conditions, such as heart and brain-related diseases. Its price is 18.20 baht, but its P/E is as high as 33.41x, which suggests the market expects strong growth.

PR9 (โรงพยาบาลพระรามเก้า) is also another company with a digital platform—an advantage in this day and age. It is priced at 18.7-18.9 baht, with a P/E of 18.4x, which is fairly reasonable.

To pick hospital stocks that fit your preference, you need to look at which customer group each one focuses on. If it targets foreigners, you should follow the situation in those countries. If it targets the domestic market, then you need to look at health policies. In addition, you should study P/E and ROE to understand whether the stock price is reasonable.

Another important point is to examine each hospital’s growth strategy. Some expand branches, some merge, and some focus on specialized expertise. Different strategies lead to different outcomes.

Lastly, hospital stocks are considered a long-term investment—not something you buy hoping for quick gains. They come with low risk and steady income, making them suitable for accumulating wealth. If you’re looking for safe stocks with continuous income, the options in this sector are definitely worth considering.