Thai (SET) Diversified Banks Industry Analysis

UpdatedFeb 09, 2026

DataAggregated Company Financials

Companies12

7D-0.03%
3M4.5%
1Y11.5%
YTDn/a

The Diversified Banks is pretty flat in the last 7 days, but Krung Thai Bank has stood out, gaining 7.1%. As for the the longer term, the industry is up 11% over the past 12 months. In the next few years earnings are forecast to be pretty stable.

Industry Valuation and Performance

Has the Thai Diversified Banks Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 09 Feb 2026	฿2.2t	฿793.4b	฿270.5b	8.3x	8.3x	2.8x
Wed, 07 Jan 2026	฿2.3t	฿793.1b	฿269.8b	8.7x	8.6x	2.9x
Fri, 05 Dec 2025	฿2.3t	฿793.1b	฿269.8b	8.7x	8.4x	2.9x
Sun, 02 Nov 2025	฿2.2t	฿792.1b	฿268.0b	8.3x	8.2x	2.8x
Tue, 30 Sep 2025	฿2.1t	฿781.2b	฿261.5b	8.2x	7.9x	2.7x
Thu, 28 Aug 2025	฿2.1t	฿792.6b	฿264.1b	7.8x	7.8x	2.6x
Sat, 26 Jul 2025	฿2.0t	฿792.3b	฿263.8b	7.3x	7.5x	2.5x
Mon, 23 Jun 2025	฿1.9t	฿790.7b	฿262.3b	7.2x	7.2x	2.4x
Wed, 21 May 2025	฿2.0t	฿790.8b	฿262.4b	7.4x	7.7x	2.6x
Fri, 18 Apr 2025	฿2.0t	฿787.3b	฿258.7b	7.6x	7.6x	2.5x
Sun, 16 Mar 2025	฿2.0t	฿787.3b	฿258.7b	7.9x	7.7x	2.5x
Tue, 11 Feb 2025	฿2.1t	฿788.9b	฿258.4b	7.7x	7.9x	2.6x
Thu, 09 Jan 2025	฿2.0t	฿775.7b	฿250.6b	8.1x	8x	2.6x
Sat, 07 Dec 2024	฿2.0t	฿775.7b	฿250.6b	8.2x	7.9x	2.5x
Mon, 04 Nov 2024	฿1.9t	฿776.1b	฿250.7b	8.5x	7.7x	2.5x
Wed, 02 Oct 2024	฿2.0t	฿767.2b	฿246.4b	8.7x	8x	2.6x
Fri, 30 Aug 2024	฿1.9t	฿767.2b	฿246.4b	8.1x	7.5x	2.4x
Sun, 28 Jul 2024	฿1.7t	฿767.1b	฿246.3b	7.4x	7.1x	2.3x
Tue, 25 Jun 2024	฿1.8t	฿759.9b	฿245.1b	7.8x	7.2x	2.3x
Thu, 23 May 2024	฿1.8t	฿759.8b	฿245.1b	8.5x	7.4x	2.4x
Sat, 20 Apr 2024	฿1.8t	฿745.9b	฿242.2b	8x	7.4x	2.4x
Mon, 18 Mar 2024	฿1.8t	฿735.5b	฿238.6b	8.1x	7.5x	2.4x
Wed, 14 Feb 2024	฿1.7t	฿736.1b	฿238.3b	7.9x	7.2x	2.3x
Fri, 12 Jan 2024	฿1.8t	฿716.6b	฿228.6b	8.5x	7.8x	2.5x
Sun, 10 Dec 2023	฿1.7t	฿716.6b	฿228.6b	8.3x	7.6x	2.4x
Tue, 07 Nov 2023	฿1.8t	฿716.3b	฿228.1b	8.6x	7.9x	2.5x
Thu, 05 Oct 2023	฿1.8t	฿698.0b	฿222.4b	8.7x	8.2x	2.6x
Sat, 02 Sep 2023	฿1.9t	฿698.0b	฿222.4b	9.2x	8.7x	2.8x
Mon, 31 Jul 2023	฿1.9t	฿698.2b	฿222.4b	9.1x	8.6x	2.7x
Wed, 28 Jun 2023	฿1.8t	฿674.2b	฿213.4b	9.3x	8.6x	2.7x
Fri, 26 May 2023	฿1.8t	฿674.2b	฿213.4b	9.2x	8.7x	2.7x
Sun, 23 Apr 2023	฿1.8t	฿668.5b	฿212.4b	9.2x	8.5x	2.7x
Tue, 21 Mar 2023	฿1.7t	฿653.7b	฿205.8b	9x	8.4x	2.7x
Thu, 16 Feb 2023	฿1.8t	฿654.5b	฿207.2b	9.4x	8.8x	2.8x

Price to Earnings Ratio

8.8x

Thu, 16 Feb 2023

Current Industry PE

Investors are relatively neutral on the Thai Diversified Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 7.9x.

The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 2.8x.

Past Earnings Growth

The earnings for companies in the Diversified Banks industry have grown 9.3% per year over the last three years.
Revenues for these companies have grown 6.6% 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 Diversified Banks compare with similar industries?


TH Market	2.13%
Financials	0.11%
Banks	-0.027%
Diversified Banks	-0.027%

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?

Company	Last Price	7D	1Y	Valuation
KTB Krung Thai Bank	฿30.25	7.1% +฿28.0b	27.6%	PB0.9x
SCB SCB X	฿140.00	3.7% +฿16.8b	10.7%	PB1x
KBANK Kasikornbank	฿194.00	3.5% +฿15.3b	22.0%	PB0.8x
BBL Bangkok Bank	฿161.00	2.9% +฿8.6b	5.6%	PB0.5x
BAY Bank of Ayudhya	฿25.75	2.0% +฿3.7b	10.5%	PB0.5x