Thai (SET) Apparel Retail Industry Analysis

Industry Valuation and Performance

Has the Thai Apparel Retail Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 11 Jul 2026	฿1.4b	฿2.8b	฿67.4m	14.8x	21.5x	0.5x
Mon, 08 Jun 2026	฿1.4b	฿2.8b	฿67.4m	14.8x	21.3x	0.5x
Wed, 06 May 2026	฿1.5b	฿2.7b	฿72.3m	15.4x	20.8x	0.5x
Fri, 03 Apr 2026	฿1.6b	฿2.7b	฿72.3m	16.5x	22x	0.6x
Sun, 01 Mar 2026	฿1.6b	฿2.7b	฿64.1m	16.1x	24.4x	0.6x
Tue, 27 Jan 2026	฿1.5b	฿2.7b	฿41.7m	18.2x	35.9x	0.6x
Thu, 25 Dec 2025	฿1.3b	฿2.7b	฿41.7m	16.3x	32.1x	0.5x
Sat, 22 Nov 2025	฿1.5b	฿2.7b	฿41.7m	18.9x	35.8x	0.6x
Mon, 20 Oct 2025	฿1.5b	฿2.7b	฿55.9m	15.7x	27.3x	0.6x
Wed, 17 Sep 2025	฿1.6b	฿2.7b	฿55.9m	16.3x	28.5x	0.6x
Fri, 15 Aug 2025	฿1.5b	฿2.7b	฿116.0m	14.2x	13.1x	0.6x
Sun, 13 Jul 2025	฿1.5b	฿2.7b	฿116.0m	13.5x	12.9x	0.5x
Tue, 10 Jun 2025	฿1.6b	฿2.7b	฿116.0m	13.9x	13.5x	0.6x
Thu, 08 May 2025	฿1.8b	฿2.7b	฿129.7m	16.2x	14x	0.7x
Sat, 05 Apr 2025	฿1.7b	฿2.7b	฿129.7m	14.1x	12.8x	0.6x
Mon, 03 Mar 2025	฿1.8b	฿2.7b	฿129.7m	14.5x	13.7x	0.6x
Wed, 29 Jan 2025	฿2.1b	฿2.6b	฿151.0m	17.6x	13.9x	0.8x
Fri, 27 Dec 2024	฿2.5b	฿2.6b	฿151.0m	18.5x	16.3x	0.9x
Sun, 24 Nov 2024	฿2.9b	฿2.6b	฿151.0m	21.2x	19.3x	1.1x
Tue, 22 Oct 2024	฿2.8b	฿2.5b	฿161.8m	10.7x	17.5x	1.1x
Thu, 19 Sep 2024	฿3.3b	฿2.5b	฿161.8m	11.8x	20.1x	1.3x
Sat, 17 Aug 2024	฿2.9b	฿2.5b	฿161.8m	10.7x	18.2x	1.2x
Mon, 15 Jul 2024	฿4.7b	฿2.3b	฿135.4m	19.9x	35.1x	2.1x
Wed, 12 Jun 2024	฿5.2b	฿2.3b	฿135.4m	21.5x	38.3x	2.3x
Fri, 10 May 2024	฿5.5b	฿2.2b	฿130.8m	22.8x	42.3x	2.5x
Sun, 07 Apr 2024	฿5.8b	฿2.2b	฿144.9m	20x	39.8x	2.6x
Tue, 05 Mar 2024	฿5.0b	฿2.2b	฿144.9m	17.8x	34.5x	2.3x
Thu, 01 Feb 2024	฿4.9b	฿2.2b	฿190.1m	16x	25.6x	2.2x
Sat, 30 Dec 2023	฿4.5b	฿2.2b	฿190.1m	15.1x	23.9x	2.1x
Mon, 27 Nov 2023	฿5.5b	฿2.2b	฿190.1m	17.9x	28.8x	2.5x
Wed, 25 Oct 2023	฿5.3b	฿783.6m	฿39.4m	5.8x	134.5x	6.8x
Fri, 22 Sep 2023	฿721.0m	฿783.6m	฿39.4m	8.2x	18.3x	0.9x
Sun, 20 Aug 2023	฿886.0m	฿804.7m	฿39.4m	11.9x	22.5x	1.1x
Tue, 18 Jul 2023	฿891.5m	฿798.6m	฿37.7m	10.9x	23.7x	1.1x

Current Industry PE

There are only 3 companies in the Thai Apparel Retail industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

The earnings for companies in the Apparel Retail industry have grown 21% per year over the last three years.
Revenues for these companies have grown 51% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Thai Apparel Retail compare with similar industries?


TH Market	0.65%
Consumer Discretionary	-0.083%
Specialty Stores	2.01%
Apparel Retail	0.92%
Specialty Stores	4.53%
Computer and Electronics Retail	4.37%
Home Improvement Retail	1.90%
Home Furnishing Retail	1.84%
Automotive Retail	0.48%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

	Company	Last Price	7D	1Y	Valuation
	TAN Tanachira Retail Corporation	฿3.80	1.1% +฿12.0m	-8.7%	PE24x
	BGT BGT Corporation	฿0.38	2.7% +฿3.6m	26.7%	PS0.2x

Company

Last Price

Valuation

TAN Tanachira Retail Corporation

฿3.80

1.1%
+฿12.0m

-8.7%

PE24x

BGT BGT Corporation

฿0.38

2.7%
+฿3.6m

26.7%

PS0.2x

New major risk - Revenue and earnings growth

Earnings have declined by 4.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (172% payout ratio). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (฿1.09b market cap, or US$33.4m).

Thai (SET) Apparel Retail Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

New minor risk - Share price stability

New major risk - Revenue and earnings growth

Full year 2025 earnings released: ฿0.03 loss per share (vs ฿0.024 loss in FY 2024)