Have your own idea? Try our Stock Screener
Thai (SET) Tires and Rubber Industry Analysis
UpdatedSep 19, 2025
DataAggregated Company Financials
Companies7
- 7D-1.9%
- 3M13.7%
- 1Y-35.4%
- YTDn/a
Over the last 7 days, the Tires and Rubber industry has remained flat, although notably Hwa Fong Rubber (Thailand) gained 3.4%. Unfortunately though, the industry is down 31% over the past 12 months. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Thai Tires and Rubber Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Sep 2025 | ฿35.5b | ฿177.1b | ฿3.8b | 13.9x | 9.4x | 0.2x |
| Sun, 17 Aug 2025 | ฿33.8b | ฿177.0b | ฿3.9b | 12.1x | 8.7x | 0.2x |
| Tue, 15 Jul 2025 | ฿33.9b | ฿170.2b | ฿5.3b | 7.7x | 6.4x | 0.2x |
| Thu, 12 Jun 2025 | ฿33.3b | ฿170.2b | ฿5.3b | 7.7x | 6.3x | 0.2x |
| Sat, 10 May 2025 | ฿36.1b | ฿157.7b | ฿4.1b | 8.5x | 8.8x | 0.2x |
| Mon, 07 Apr 2025 | ฿36.1b | ฿157.6b | ฿4.2b | 8.1x | 8.7x | 0.2x |
| Wed, 05 Mar 2025 | ฿39.4b | ฿157.6b | ฿4.2b | 8.3x | 9.5x | 0.2x |
| Fri, 31 Jan 2025 | ฿41.4b | ฿143.5b | ฿2.9b | 11.2x | 14.3x | 0.3x |
| Sun, 29 Dec 2024 | ฿43.8b | ฿143.5b | ฿2.9b | 11.4x | 15.2x | 0.3x |
| Tue, 26 Nov 2024 | ฿44.4b | ฿143.8b | ฿2.9b | 11.2x | 15.2x | 0.3x |
| Thu, 24 Oct 2024 | ฿48.2b | ฿128.3b | ฿2.0b | 7.7x | 24.4x | 0.4x |
| Sat, 21 Sep 2024 | ฿54.4b | ฿128.3b | ฿2.0b | 7.6x | 27.5x | 0.4x |
| Mon, 19 Aug 2024 | ฿49.0b | ฿128.2b | ฿2.0b | 7.5x | 24.8x | 0.4x |
| Wed, 17 Jul 2024 | ฿48.5b | ฿124.5b | ฿1.3b | 11.5x | 38.6x | 0.4x |
| Fri, 14 Jun 2024 | ฿53.8b | ฿124.5b | ฿1.3b | 11.6x | 42.8x | 0.4x |
| Sun, 12 May 2024 | ฿44.0b | ฿124.0b | ฿1.2b | 13.1x | 36.3x | 0.4x |
| Tue, 09 Apr 2024 | ฿47.2b | ฿124.4b | ฿1.6b | 12.6x | 30.1x | 0.4x |
| Thu, 07 Mar 2024 | ฿48.7b | ฿124.4b | ฿1.6b | 13.2x | 31x | 0.4x |
| Sat, 03 Feb 2024 | ฿44.3b | ฿129.0b | ฿2.8b | 16.9x | 15.6x | 0.3x |
| Mon, 01 Jan 2024 | ฿42.1b | ฿129.0b | ฿2.8b | 16.6x | 14.8x | 0.3x |
| Wed, 29 Nov 2023 | ฿42.5b | ฿129.0b | ฿2.8b | 16.2x | 15x | 0.3x |
| Fri, 27 Oct 2023 | ฿38.0b | ฿143.4b | ฿4.7b | 10.9x | 8.1x | 0.3x |
| Sun, 24 Sep 2023 | ฿43.0b | ฿143.4b | ฿4.7b | 11.9x | 9.2x | 0.3x |
| Tue, 22 Aug 2023 | ฿36.7b | ฿143.4b | ฿4.7b | 11.5x | 7.8x | 0.3x |
| Thu, 20 Jul 2023 | ฿43.8b | ฿148.9b | ฿5.6b | 14.2x | 7.8x | 0.3x |
| Sat, 17 Jun 2023 | ฿46.9b | ฿148.9b | ฿5.6b | 15.3x | 8.4x | 0.3x |
| Mon, 15 May 2023 | ฿47.6b | ฿148.0b | ฿5.8b | 13.5x | 8.3x | 0.3x |
| Wed, 12 Apr 2023 | ฿54.5b | ฿151.9b | ฿7.1b | 13x | 7.7x | 0.4x |
| Fri, 10 Mar 2023 | ฿56.5b | ฿151.5b | ฿7.1b | 13.8x | 8x | 0.4x |
| Sun, 05 Feb 2023 | ฿56.6b | ฿153.8b | ฿8.1b | 13x | 7x | 0.4x |
| Tue, 03 Jan 2023 | ฿54.1b | ฿153.8b | ฿8.1b | 12.3x | 6.7x | 0.4x |
| Thu, 01 Dec 2022 | ฿49.6b | ฿153.8b | ฿8.1b | 12.3x | 6.2x | 0.3x |
| Sat, 29 Oct 2022 | ฿49.4b | ฿151.8b | ฿9.9b | 17.7x | 5x | 0.3x |
| Mon, 26 Sep 2022 | ฿52.4b | ฿151.8b | ฿9.9b | 18.4x | 5.3x | 0.3x |
Price to Earnings Ratio
5.3x
Current Industry PE
- Investors are pessimistic on the Thai Tires and Rubber industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 9.7x which is lower than its 3-year average PE of 14.9x.
- The industry is trading close to its 3-year average PS ratio of 0.32x.
Past Earnings Growth
- The earnings for companies in the Tires and Rubber industry have declined 27% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.3% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Thai Tires and Rubber compare with similar industries?
| TH Market | 0.69% | |
| Consumer Discretionary | 0.28% | |
| Auto Components | -0.99% | |
| Tires and Rubber | -1.94% | |
| Auto Parts and Equipment | -0.26% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HFT Hwa Fong Rubber (Thailand) | ฿4.26 | 2.4% +฿65.8m | -9.4% | PE13.1x | |
| IRC Inoue Rubber (Thailand) | ฿11.40 | 1.8% +฿38.4m | -19.1% | PE13.9x | |
| NDR N.D. Rubber | ฿1.28 | 4.1% +฿32.7m | -40.7% | PE200.2x | |
| TRV T.R.V. Rubber Products | ฿2.04 | 2.0% +฿9.6m | -3.8% | PE238.1x |