Has the Thai Banks Industry valuation changed over the past few years?
|Mon, 29 Nov 2021||฿1.8t||฿596.0b||฿176.2b||10.3x|
|Wed, 27 Oct 2021||฿1.7t||฿595.3b||฿175.5b||10.5x|
|Fri, 24 Sep 2021||฿1.7t||฿581.0b||฿162.6b||11.1x|
|Sun, 22 Aug 2021||฿1.4t||฿581.0b||฿162.6b||10.3x|
|Fri, 09 Jul 2021||฿1.5t||฿581.0b||฿162.6b||10.6x|
|Thu, 01 Apr 2021||฿1.8t||฿553.1b||฿141.5b||12.3x|
|Sun, 03 Jan 2021||฿1.5t||฿555.5b||฿145.0b||10.3x|
|Wed, 07 Oct 2020||฿1.1t||฿571.3b||฿156.0b||7.3x|
|Tue, 30 Jun 2020||฿1.3t||฿612.0b||฿180.4b||7.2x|
|Fri, 03 Apr 2020||฿1.2t||฿636.9b||฿200.9b||5.8x|
|Mon, 06 Jan 2020||฿1.9t||฿644.7b||฿204.5b||9.3x|
|Thu, 10 Oct 2019||฿1.8t||฿625.4b||฿199.0b||9.5x|
|Wed, 03 Jul 2019||฿2.1t||฿607.6b||฿198.2b||10.5x|
|Sat, 06 Apr 2019||฿2.2t||฿604.3b||฿198.7b||10.4x|
|Tue, 08 Jan 2019||฿2.2t||฿600.2b||฿196.6b||11x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 9.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Banks industry have declined 4.5% per year over the last three years, while 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.
Which industries have driven the changes within the Thai Banks industry?
Industry PE: Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 9.5x. This is likely because analysts are expecting annual earnings growth of 7.7%, which is higher than its past year's earnings decline of 3.1% per year.
Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 7.7% over the next 5 years. This is better than its past earnings decline of 3.1% per year.
Which companies have driven the market over the last 7 days?
|No data available|
TISCO Financial Group
Siam Commercial Bank
Krung Thai Bank
Bank of Ayudhya
Kiatnakin Phatra Bank