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Thai (SET) Tires and Rubber Industry Analysis
UpdatedJun 15, 2026
DataAggregated Company Financials
Companies7
- 7D-0.9%
- 3M10.5%
- 1Y38.7%
- YTDn/a
In the last week, Tires and Rubber has been flat. The past year has been better, since the industry has gained 39% in that time. As for the next few years, earnings are expected to grow by 49% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 15 Jun 2026 | ฿45.0b | ฿149.4b | ฿861.6m | 9.5x | 52.3x | 0.3x |
| Wed, 13 May 2026 | ฿45.4b | ฿151.2b | ฿1.2b | 12.4x | 36.4x | 0.3x |
| Fri, 10 Apr 2026 | ฿42.6b | ฿158.8b | ฿1.3b | 12.1x | 32.7x | 0.3x |
| Sun, 08 Mar 2026 | ฿39.5b | ฿158.8b | ฿1.3b | 12.1x | 30.7x | 0.2x |
| Tue, 03 Feb 2026 | ฿36.2b | ฿167.4b | ฿2.5b | 11.4x | 14.7x | 0.2x |
| Thu, 01 Jan 2026 | ฿34.5b | ฿167.4b | ฿2.5b | 11.2x | 14x | 0.2x |
| Sat, 29 Nov 2025 | ฿32.7b | ฿167.4b | ฿2.5b | 10.7x | 13.3x | 0.2x |
| Mon, 27 Oct 2025 | ฿33.3b | ฿177.1b | ฿3.8b | 13.7x | 8.8x | 0.2x |
| Wed, 24 Sep 2025 | ฿34.6b | ฿177.1b | ฿3.8b | 13.9x | 9.1x | 0.2x |
| Fri, 22 Aug 2025 | ฿33.8b | ฿177.1b | ฿3.8b | 13.6x | 8.9x | 0.2x |
| Sun, 20 Jul 2025 | ฿35.4b | ฿170.2b | ฿5.3b | 8x | 6.7x | 0.2x |
| Tue, 17 Jun 2025 | ฿31.8b | ฿170.2b | ฿5.3b | 7.3x | 6x | 0.2x |
| Thu, 15 May 2025 | ฿37.3b | ฿170.7b | ฿5.4b | 8.2x | 7x | 0.2x |
| Sat, 12 Apr 2025 | ฿36.7b | ฿157.6b | ฿4.2b | 8.1x | 8.8x | 0.2x |
| Mon, 10 Mar 2025 | ฿40.4b | ฿157.6b | ฿4.2b | 8.4x | 9.7x | 0.3x |
| Wed, 05 Feb 2025 | ฿40.6b | ฿143.5b | ฿2.9b | 11.3x | 14.1x | 0.3x |
| Fri, 03 Jan 2025 | ฿44.3b | ฿143.5b | ฿2.9b | 11.3x | 15.4x | 0.3x |
| Sun, 01 Dec 2024 | ฿45.7b | ฿143.5b | ฿2.9b | 11x | 15.8x | 0.3x |
| Tue, 29 Oct 2024 | ฿48.5b | ฿128.3b | ฿2.0b | 7.6x | 24.5x | 0.4x |
| Thu, 26 Sep 2024 | ฿55.8b | ฿128.3b | ฿2.0b | 7.6x | 28.2x | 0.4x |
| Sat, 24 Aug 2024 | ฿49.3b | ฿128.3b | ฿2.0b | 7.4x | 24.9x | 0.4x |
| Mon, 22 Jul 2024 | ฿46.9b | ฿124.5b | ฿1.3b | 11.4x | 37.3x | 0.4x |
| Wed, 19 Jun 2024 | ฿52.2b | ฿124.5b | ฿1.3b | 11.4x | 41.5x | 0.4x |
| Fri, 17 May 2024 | ฿46.9b | ฿124.2b | ฿1.2b | 12.1x | 37.6x | 0.4x |
| Sun, 14 Apr 2024 | ฿48.8b | ฿124.4b | ฿1.6b | 12.7x | 31.1x | 0.4x |
| Tue, 12 Mar 2024 | ฿49.0b | ฿124.4b | ฿1.6b | 13.2x | 31.2x | 0.4x |
| Thu, 08 Feb 2024 | ฿44.4b | ฿129.0b | ฿2.8b | 16.6x | 15.6x | 0.3x |
| Sat, 06 Jan 2024 | ฿44.4b | ฿129.0b | ฿2.8b | 17.2x | 15.6x | 0.3x |
| Mon, 04 Dec 2023 | ฿40.1b | ฿129.0b | ฿2.8b | 16.2x | 14.1x | 0.3x |
| Wed, 01 Nov 2023 | ฿38.3b | ฿143.4b | ฿4.7b | 10.9x | 8.2x | 0.3x |
| Fri, 29 Sep 2023 | ฿38.9b | ฿143.4b | ฿4.7b | 11.7x | 8.3x | 0.3x |
| Sun, 27 Aug 2023 | ฿39.3b | ฿143.4b | ฿4.7b | 11.6x | 8.4x | 0.3x |
| Tue, 25 Jul 2023 | ฿42.0b | ฿148.9b | ฿5.6b | 14x | 7.5x | 0.3x |
| Thu, 22 Jun 2023 | ฿44.9b | ฿148.9b | ฿5.6b | 14.6x | 8x | 0.3x |
Price to Earnings Ratio
8x
Current Industry PE
- Investors are optimistic on the Thai Tires and Rubber industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 52.3x which is higher than its 3-year average PE of 18.9x.
- The industry is trading close to its 3-year average PS ratio of 0.29x.
Past Earnings Growth
- The earnings for companies in the Tires and Rubber industry have declined 46% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 | 0.63% | |
| Consumer Discretionary | -1.30% | |
| Auto Components | -0.36% | |
| Tires and Rubber | -0.89% | |
| Auto Parts and Equipment | 0.11% | |
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 | |
|---|---|---|---|---|---|
| NER North East Rubber | ฿4.42 | 0.5% +฿37.0m | 9.4% | PE5.3x | |
| NDR N.D. Rubber | ฿1.91 | 1.6% +฿13.7m | 67.5% | PE30.5x | |
| TRV T.R.V. Rubber Products | ฿1.45 | 0.7% +฿2.4m | 17.9% | PS3x |