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Thai (SET) Luxury Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies19
  • 7D-1.7%
  • 3M-3.9%
  • 1Y-22.1%
  • YTD-17.8%

Over the last 7 days, the Luxury industry has dropped 1.7%, and Thai Wacoal contributed the most with a 5.5% decline. Overall the industry is down 22% in 12 months. As for the next few years, earnings are expected to grow by 8.4% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Nov 2025฿27.5b฿39.3b฿1.0b12.6x26.7x0.7x
Thu, 16 Oct 2025฿28.7b฿39.2b฿997.0m14.2x28.8x0.7x
Sat, 13 Sep 2025฿38.2b฿40.2b฿1.3b15.6x28.8x0.9x
Mon, 11 Aug 2025฿37.7b฿41.3b฿1.8b10.8x21.5x0.9x
Wed, 09 Jul 2025฿35.4b฿41.4b฿1.9b10.2x19x0.9x
Fri, 06 Jun 2025฿36.4b฿41.4b฿1.9b10.1x19.5x0.9x
Sun, 04 May 2025฿39.4b฿42.2b฿2.0b17.5x19.3x0.9x
Tue, 01 Apr 2025฿39.1b฿42.2b฿2.0b18.8x19.1x0.9x
Thu, 27 Feb 2025฿42.2b฿42.6b฿2.0b24.4x21.2x1x
Sat, 25 Jan 2025฿42.2b฿44.2b฿2.1b13.8x20.1x1x
Mon, 23 Dec 2024฿43.9b฿44.2b฿2.1b15x20.9x1x
Wed, 20 Nov 2024฿45.7b฿43.7b฿2.1b16.1x22x1x
Fri, 18 Oct 2024฿48.3b฿44.0b฿2.4b15x20.1x1.1x
Sun, 15 Sep 2024฿48.2b฿44.0b฿2.4b15.8x20x1.1x
Tue, 13 Aug 2024฿41.9b฿42.8b฿2.1b15.5x19.6x1x
Thu, 11 Jul 2024฿46.7b฿43.6b฿2.2b19.6x21.4x1.1x
Sat, 08 Jun 2024฿48.8b฿43.6b฿2.2b20.1x22.4x1.1x
Mon, 06 May 2024฿50.5b฿43.5b฿2.0b20.6x25.8x1.2x
Wed, 03 Apr 2024฿52.1b฿43.5b฿2.0b20.9x26.6x1.2x
Fri, 01 Mar 2024฿52.0b฿43.9b฿2.2b19.6x23.7x1.2x
Sun, 28 Jan 2024฿52.6b฿43.4b฿2.1b22.1x25.6x1.2x
Tue, 26 Dec 2023฿52.4b฿43.4b฿2.1b23.2x25.5x1.2x
Thu, 23 Nov 2023฿52.0b฿43.3b฿2.1b24x25.3x1.2x
Sat, 21 Oct 2023฿53.3b฿44.0b฿2.2b26.8x24.2x1.2x
Mon, 18 Sep 2023฿56.9b฿44.0b฿2.2b26.6x25.8x1.3x
Wed, 16 Aug 2023฿55.7b฿43.5b฿2.4b22.8x23.6x1.3x
Fri, 14 Jul 2023฿56.4b฿44.2b฿2.4b20.8x23.1x1.3x
Sun, 11 Jun 2023฿60.5b฿44.2b฿2.4b23.9x24.8x1.4x
Tue, 09 May 2023฿53.9b฿43.5b฿2.6b18.4x20.4x1.2x
Thu, 06 Apr 2023฿55.1b฿43.5b฿2.6b18.6x20.9x1.3x
Sat, 04 Mar 2023฿54.8b฿42.1b฿2.6b21.7x20.9x1.3x
Mon, 30 Jan 2023฿55.8b฿41.3b฿2.6b20.3x21.6x1.3x
Wed, 28 Dec 2022฿49.8b฿41.3b฿2.6b19.1x19.3x1.2x
Fri, 25 Nov 2022฿41.2b฿40.4b฿2.5b16.5x16.3x1x
Price to Earnings Ratio

16.3x


Total Market Cap: ฿41.2bTotal Earnings: ฿2.5bTotal Revenue: ฿40.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Luxury Industry Price to Earnings3Y Average 22.5x202320242025
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 26.7x which is higher than its 3-year average PE of 22.5x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.70x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have declined 26% 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 Trends

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

TH Market-2.59%
Consumer Discretionary-4.03%
Luxury-1.71%
Footwear1.67%
Textiles-0.88%
Apparel, Accessories and Luxury Goods-2.18%
Industry PE
  • Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry which is trading above its 3-year average PE ratio of 20.8x.
    • Analysts are expecting annual earnings growth of 8.4%, which is higher than its past year's earnings decline of 9.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Apparel, Accessories and Luxury Goods industry, expecting annual earnings growth of 8.4% over the next 5 years.
  • This is better than its past earnings decline of 9.3% per year.
  • In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 8.4% 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
TTT Toray Textiles (Thailand)฿49.001.6%
+฿43.4m
-10.1%PE40.7x
RSP Rich Sport฿1.152.7%
+฿22.3m
-40.7%PE14.9x
CPH Castle Peak Holdings฿8.553.0%
+฿10.0m
-17.0%PE7.9x
UPF Union Pioneer฿24.900.8%
+฿1.5m
-25.7%PS0.3x

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