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

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies14
  • 7D-1.6%
  • 3M-16.4%
  • 1Y-17.0%
  • YTDn/a

Over the last 7 days, the Hotels, Resorts and Cruise Lines industry has dropped 2.7%, driven by a pullback from Asset World Corp of 3.8%. The industry has fallen 16% in the last year. Looking forward, earnings are forecast to grow by 28% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025฿289.8b฿224.9b฿9.7b17.1x29.9x1.3x
Thu, 19 Dec 2024฿324.7b฿224.9b฿9.7b18.5x33.5x1.4x
Sat, 16 Nov 2024฿316.9b฿224.8b฿9.4b18.4x33.8x1.4x
Mon, 14 Oct 2024฿350.9b฿222.4b฿11.6b20.4x30.2x1.6x
Wed, 11 Sep 2024฿342.5b฿222.4b฿11.6b20.3x29.5x1.5x
Fri, 09 Aug 2024฿318.7b฿221.1b฿11.6b20.5x27.6x1.4x
Sun, 07 Jul 2024฿354.8b฿217.2b฿11.9b22x29.8x1.6x
Tue, 04 Jun 2024฿366.5b฿217.1b฿11.9b23x30.9x1.7x
Thu, 02 May 2024฿397.9b฿209.5b฿8.8b27.6x45.2x1.9x
Sat, 30 Mar 2024฿390.8b฿209.5b฿8.8b25.7x44.4x1.9x
Mon, 26 Feb 2024฿377.4b฿208.5b฿9.2b24.4x40.8x1.8x
Wed, 24 Jan 2024฿341.4b฿201.2b฿10.6b25x32.1x1.7x
Fri, 22 Dec 2023฿334.8b฿201.2b฿10.6b23.5x31.5x1.7x
Sun, 19 Nov 2023฿402.0b฿222.9b฿11.9b24.4x33.7x1.8x
Tue, 17 Oct 2023฿420.5b฿215.3b฿14.2b28.5x29.6x2x
Thu, 14 Sep 2023฿449.6b฿215.3b฿14.2b31.8x31.7x2.1x
Sat, 12 Aug 2023฿450.4b฿205.2b฿12.1b31.7x37.2x2.2x
Mon, 10 Jul 2023฿465.8b฿202.9b฿10.9b54.2x42.6x2.3x
Wed, 07 Jun 2023฿485.3b฿202.9b฿10.9b58.4x44.4x2.4x
Fri, 05 May 2023฿502.2b฿182.2b฿4.9b186.5x101.5x2.8x
Sun, 02 Apr 2023฿515.9b฿182.2b฿4.9b189.9x104.2x2.8x
Tue, 28 Feb 2023฿531.7b฿175.3b฿3.5b63.9x153.5x3x
Thu, 26 Jan 2023฿522.9b฿160.7b-฿1,657,099,027.0058.1x-315.5x3.3x
Sat, 24 Dec 2022฿502.4b฿160.7b-฿1,657,099,027.0056.7x-303.2x3.1x
Mon, 21 Nov 2022฿484.5b฿160.7b-฿1,657,099,027.0054.8x-292.4x3x
Wed, 19 Oct 2022฿467.4b฿137.1b-฿9,350,858,122.0033.1x-50x3.4x
Fri, 16 Sep 2022฿479.2b฿137.1b-฿9,350,858,122.0033.9x-51.2x3.5x
Sun, 14 Aug 2022฿475.4b฿132.6b-฿11,519,587,509.0055.2x-41.3x3.6x
Tue, 12 Jul 2022฿448.4b฿112.9b-฿18,739,465,662.0074.3x-23.9x4x
Thu, 09 Jun 2022฿462.2b฿112.9b-฿18,739,465,662.0075x-24.7x4.1x
Sat, 07 May 2022฿459.2b฿99.8b-฿24,265,431,025.00182x-18.9x4.6x
Mon, 04 Apr 2022฿454.0b฿99.8b-฿24,265,431,025.00185.7x-18.7x4.5x
Wed, 02 Mar 2022฿434.7b฿96.2b-฿25,308,841,387.00189.5x-17.2x4.5x
Fri, 28 Jan 2022฿412.5b฿91.2b-฿32,847,462,900.00n/a-12.6x4.5x
Price to Earnings Ratio

-12.6x


Total Market Cap: ฿412.5bTotal Earnings: -฿32,847,462,900.00Total Revenue: ฿91.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Hotels, Resorts and Cruise Lines Industry Price to Earnings3Y Average -9.7x202320242025
Current Industry PE
  • Investors are optimistic on the Thai Hotels, Resorts and Cruise Lines industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 30.2x which is higher than its 3-year average PE of -9.7x.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.3x.
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 35% 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-1.08%
Consumer Discretionary-0.92%
Hospitality-2.51%
Hotels, Resorts and Cruise Lines-1.62%
Leisure Facilities0.28%
Casinos and Gaming0%0
Restaurants-5.90%
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฿24.303.4%
+฿4.5b
-12.4%PE42x
AWC Asset World Corp฿3.100.6%
+฿640.1m
-16.2%PE18.3x
ERW Erawan Group฿3.283.1%
+฿488.7m
-32.2%PE14.4x
DUSIT Dusit Thani฿10.504.0%
+฿338.1m
32.1%PS1.3x
SHR S Hotels and Resorts฿2.083.0%
+฿215.6m
-5.5%PE148.4x
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Latest News

SHR

฿2.08

S Hotels and Resorts

7D

3.0%

1Y

-5.5%

AWC

฿3.10

Asset World Corp

7D

0.6%

1Y

-16.2%

DUSIT

฿10.50

Dusit Thani

7D

4.0%

1Y

32.1%

ASIA

฿6.15

Asia Hotel

7D

-0.8%

1Y

-6.1%

OHTL

฿320.00

OHTL

7D

-1.2%

1Y

-29.2%

MANRIN

฿30.00

Mandarin Hotel

7D

-1.6%

1Y

6.2%

SHANG

฿44.50

Shangri-La Hotel

7D

2.3%

1Y

-9.2%

MINT

฿24.30

Minor International

7D

3.4%

1Y

-12.4%

ERW

฿3.28

Erawan Group

7D

3.1%

1Y

-32.2%

VRANDA

฿4.70

Veranda Resort

7D

-4.1%

1Y

-4.9%

GRAND

฿0.05

Grande Asset Hotels and Property

7D

25.0%

1Y

-64.3%