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Thai (SET) Hotels, Resorts and Cruise Lines Industry Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies14
  • 7D5.3%
  • 3M-5.2%
  • 1Y-15.5%
  • YTDn/a

In the last week, the Hotels, Resorts and Cruise Lines industry is up 5.3%, with Minor International up 6.6%. Meanwhile, Grande Asset Hotels and Property actually underperformed within the industry, shrinking 20% in the last week. In the past year, the industry is down 16%. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the Thai Hotels, Resorts and Cruise Lines Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Feb 2025฿317.8b฿226.8b฿12.8b16.9x24.9x1.4x
Mon, 20 Jan 2025฿292.8b฿224.9b฿9.7b17.4x30.2x1.3x
Wed, 18 Dec 2024฿325.6b฿224.9b฿9.7b18.6x33.6x1.4x
Fri, 15 Nov 2024฿320.0b฿224.8b฿9.4b18.4x34.1x1.4x
Sun, 13 Oct 2024฿350.9b฿222.4b฿11.6b20.4x30.2x1.6x
Tue, 10 Sep 2024฿347.5b฿222.4b฿11.6b19.9x29.9x1.6x
Thu, 08 Aug 2024฿318.1b฿221.2b฿11.6b20.1x27.5x1.4x
Sat, 06 Jul 2024฿354.8b฿217.2b฿11.9b22x29.8x1.6x
Mon, 03 Jun 2024฿366.5b฿217.1b฿11.9b23x30.9x1.7x
Wed, 01 May 2024฿397.9b฿209.5b฿8.8b27.6x45.2x1.9x
Fri, 29 Mar 2024฿390.1b฿209.5b฿8.8b25.8x44.3x1.9x
Sun, 25 Feb 2024฿377.4b฿208.5b฿9.2b24.4x40.8x1.8x
Tue, 23 Jan 2024฿345.2b฿201.2b฿10.6b25.1x32.4x1.7x
Thu, 21 Dec 2023฿334.7b฿201.2b฿10.6b23.5x31.5x1.7x
Sat, 18 Nov 2023฿402.0b฿222.9b฿11.9b24.4x33.7x1.8x
Mon, 16 Oct 2023฿420.4b฿215.3b฿14.2b28.5x29.6x2x
Wed, 13 Sep 2023฿454.3b฿215.3b฿14.2b32.3x32x2.1x
Fri, 11 Aug 2023฿456.0b฿203.9b฿11.7b30.9x38.9x2.2x
Sun, 09 Jul 2023฿465.8b฿202.9b฿10.9b54.2x42.6x2.3x
Tue, 06 Jun 2023฿487.0b฿202.9b฿10.9b58.4x44.5x2.4x
Thu, 04 May 2023฿502.2b฿182.2b฿4.9b186.5x101.5x2.8x
Sat, 01 Apr 2023฿515.9b฿182.2b฿4.9b189.9x104.2x2.8x
Mon, 27 Feb 2023฿534.8b฿175.3b฿3.5b64.3x154.4x3.1x
Wed, 25 Jan 2023฿522.9b฿160.7b-฿1,657,099,027.0056.7x-315.5x3.3x
Fri, 23 Dec 2022฿502.6b฿160.7b-฿1,657,099,027.0056.7x-303.3x3.1x
Sun, 20 Nov 2022฿484.5b฿160.7b-฿1,640,038,400.0054.8x-295.4x3x
Tue, 18 Oct 2022฿454.3b฿137.1b-฿9,350,858,122.0032.3x-48.6x3.3x
Thu, 15 Sep 2022฿487.1b฿137.1b-฿9,350,858,122.0033.9x-52.1x3.6x
Sat, 13 Aug 2022฿475.4b฿116.1b-฿17,036,998,509.0055.2x-27.9x4.1x
Mon, 11 Jul 2022฿455.9b฿112.9b-฿18,739,465,662.0074x-24.3x4x
Wed, 08 Jun 2022฿462.2b฿112.9b-฿18,739,465,662.0075x-24.7x4.1x
Fri, 06 May 2022฿462.3b฿99.8b-฿24,265,431,025.00184.2x-19.1x4.6x
Sun, 03 Apr 2022฿453.9b฿99.8b-฿24,265,431,025.00185.7x-18.7x4.5x
Tue, 01 Mar 2022฿420.5b฿99.1b-฿26,828,261,109.00178.3x-15.7x4.2x
Price to Earnings Ratio

-15.7x


Total Market Cap: ฿420.5bTotal Earnings: -฿26,828,261,109.00Total Revenue: ฿99.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Hotels, Resorts and Cruise Lines Industry Price to Earnings3Y Average -8.4x202320242025
Current Industry PE
  • Investors are pessimistic on the Thai Hotels, Resorts and Cruise Lines 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 24.9x which is higher than its 3-year average PE of -8.5x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • Total earnings for the Hotels, Resorts and Cruise Lines industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 32% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Thai Hotels, Resorts and Cruise Lines compare with similar industries?

TH Market-2.96%
Consumer Discretionary3.22%
Hospitality5.83%
Hotels, Resorts and Cruise Lines5.34%
Restaurants8.00%
Leisure Facilities1.37%
Casinos and Gaming0%0
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?

CompanyLast Price7D1YValuation
MINT Minor International฿29.007.4%
+฿11.3b
-8.7%PE27.4x
AWC Asset World Corp฿3.143.3%
+฿3.2b
-21.1%PE18.6x
LRH Laguna Resorts & Hotels฿42.7511.0%
+฿708.4m
3.6%PE5.6x
DUSIT Dusit Thani฿9.204.5%
+฿338.1m
3.4%PS1.1x
OHTL OHTL฿342.006.9%
+฿332.2m
-22.3%PE14.5x
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Latest News

MINT

฿29.00

Minor International

7D

7.4%

1Y

-8.7%

LRH

฿42.75

Laguna Resorts & Hotels

7D

11.0%

1Y

3.6%

AWC

฿3.14

Asset World Corp

7D

3.3%

1Y

-21.1%

OHTL

฿342.00

OHTL

7D

6.9%

1Y

-22.3%

DUSIT

฿9.20

Dusit Thani

7D

4.5%

1Y

3.4%

BEYOND

฿7.75

Bound and Beyond

7D

7.6%

1Y

-40.8%

SHANG

฿43.75

Shangri-La Hotel

7D

6.1%

1Y

-11.2%