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Thai (SET) Luxury Industry Analysis

UpdatedApr 20, 2026
DataAggregated Company Financials
Companies19
  • 7D0.6%
  • 3M-4.8%
  • 1Y-11.8%
  • YTD-5.0%

In the last week, the Luxury industry is flat overall, with Pranda Jewelry standing out by going down 6.1%. As for the longer term, the industry has declined 12% in the last year. Earnings are forecast to grow by 7.8% annually.

Industry Valuation and Performance

Has the Thai Luxury Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026฿26.6b฿37.0b฿713.0m12.5x37.3x0.7x
Thu, 19 Mar 2026฿26.8b฿37.0b฿713.0m12.8x37.6x0.7x
Sat, 14 Feb 2026฿28.7b฿37.9b฿767.6m14.2x37.4x0.8x
Mon, 12 Jan 2026฿27.8b฿37.9b฿754.2m14.9x36.9x0.7x
Wed, 10 Dec 2025฿27.4b฿37.9b฿754.2m14.8x36.3x0.7x
Fri, 07 Nov 2025฿27.9b฿39.2b฿997.0m13.7x27.9x0.7x
Sun, 05 Oct 2025฿38.3b฿40.2b฿1.3b15.3x28.9x1x
Tue, 02 Sep 2025฿37.2b฿40.2b฿1.3b15.6x28x0.9x
Thu, 31 Jul 2025฿36.4b฿41.4b฿1.9b10.6x19.5x0.9x
Sat, 28 Jun 2025฿34.8b฿41.4b฿1.9b10x18.7x0.8x
Mon, 26 May 2025฿37.8b฿41.6b฿1.9b10.6x19.8x0.9x
Wed, 23 Apr 2025฿39.3b฿42.2b฿2.0b17.8x19.2x0.9x
Fri, 21 Mar 2025฿40.5b฿42.2b฿2.0b19.3x19.8x1x
Sun, 16 Feb 2025฿42.7b฿44.0b฿2.0b15x20.9x1x
Tue, 14 Jan 2025฿42.6b฿44.2b฿2.1b14x20.3x1x
Thu, 12 Dec 2024฿45.2b฿44.2b฿2.1b16x21.5x1x
Sat, 09 Nov 2024฿46.4b฿44.0b฿2.4b14.1x19.3x1.1x
Mon, 07 Oct 2024฿48.2b฿44.0b฿2.4b14.9x20x1.1x
Wed, 04 Sep 2024฿46.5b฿44.0b฿2.4b13.8x19.3x1.1x
Fri, 02 Aug 2024฿43.9b฿43.6b฿2.2b17.3x20.2x1x
Sun, 30 Jun 2024฿47.1b฿43.6b฿2.2b19.9x21.6x1.1x
Tue, 28 May 2024฿49.9b฿43.6b฿2.0b20.9x25x1.1x
Thu, 25 Apr 2024฿51.0b฿43.5b฿2.0b20.8x26x1.2x
Sat, 23 Mar 2024฿53.0b฿43.5b฿2.0b20.7x27.1x1.2x
Mon, 19 Feb 2024฿53.7b฿43.4b฿2.2b20.6x24.2x1.2x
Wed, 17 Jan 2024฿53.9b฿43.4b฿2.1b23.5x26.3x1.2x
Fri, 15 Dec 2023฿51.1b฿43.4b฿2.1b23.8x24.9x1.2x
Sun, 12 Nov 2023฿52.1b฿44.0b฿2.2b26.7x24.1x1.2x
Tue, 10 Oct 2023฿55.3b฿44.0b฿2.2b27.4x25.1x1.3x
Thu, 07 Sep 2023฿56.6b฿44.0b฿2.2b25.9x25.7x1.3x
Sat, 05 Aug 2023฿56.9b฿44.2b฿2.4b20.4x23.3x1.3x
Mon, 03 Jul 2023฿56.9b฿44.2b฿2.4b21.6x23.3x1.3x
Wed, 31 May 2023฿60.3b฿44.2b฿2.5b24.6x24.2x1.4x
Fri, 28 Apr 2023฿54.0b฿43.5b฿2.6b18.8x20.5x1.2x
Price to Earnings Ratio

20.5x


Total Market Cap: ฿54.0bTotal Earnings: ฿2.6bTotal Revenue: ฿43.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Luxury Industry Price to Earnings3Y Average 25x202420252026
Current Industry PE
  • Investors are optimistic on the Thai Luxury industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 37.3x which is higher than its 3-year average PE of 25.0x.
  • The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.72x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have declined 35% per year over the last three years,
  • Revenues have also declined 5.2% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Thai Consumer Discretionary industry?

TH Market-1.62%
Consumer Discretionary-0.46%
Luxury0.58%
Apparel, Accessories and Luxury Goods0.89%
Textiles-0.26%
Footwear-0.54%
Industry PE
  • Investors are most optimistic about the Footwear industry which is trading above its 3-year average PE ratio of 23.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Apparel, Accessories and Luxury Goods industry, expecting annual earnings growth of 7.8% over the next 5 years.
  • This is better than its past earnings decline of 5.5% per year.
  • In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 7.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MC MC Group฿11.203.7%
+฿316.8m
13.1%PE12x
MTW Make To Win Holding฿0.833.8%
+฿26.4m
-31.4%PS2.4x
RSP Rich Sport฿0.911.1%
+฿7.4m
-46.8%PS0.5x

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