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Thai (SET) Diversified Banks Industry Analysis
UpdatedFeb 10, 2026
DataAggregated Company Financials
Companies12
- 7D3.5%
- 3M7.7%
- 1Y15.0%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has remained flat, although notably Krung Thai Bank gained 7.1%. As for the the longer term, the industry is up 11% over the past 12 months. Looking forward, earnings are expected to remain mostly flat in the next few years.
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 |
|---|---|---|---|---|---|---|
| Tue, 10 Feb 2026 | ฿2.3t | ฿793.4b | ฿270.5b | 8.8x | 8.6x | 2.9x |
| Thu, 08 Jan 2026 | ฿2.3t | ฿793.1b | ฿269.8b | 8.6x | 8.5x | 2.9x |
| Sat, 06 Dec 2025 | ฿2.3t | ฿793.1b | ฿269.8b | 8.7x | 8.4x | 2.9x |
| Mon, 03 Nov 2025 | ฿2.2t | ฿792.1b | ฿268.0b | 8.3x | 8.2x | 2.8x |
| Wed, 01 Oct 2025 | ฿2.1t | ฿781.2b | ฿261.5b | 8x | 7.9x | 2.6x |
| Fri, 29 Aug 2025 | ฿2.1t | ฿792.6b | ฿264.1b | 7.9x | 7.9x | 2.6x |
| Sun, 27 Jul 2025 | ฿2.0t | ฿792.3b | ฿263.8b | 7.3x | 7.5x | 2.5x |
| Tue, 24 Jun 2025 | ฿1.9t | ฿790.7b | ฿262.3b | 7.1x | 7.2x | 2.4x |
| Thu, 22 May 2025 | ฿2.0t | ฿790.7b | ฿262.3b | 7.5x | 7.6x | 2.5x |
| Sat, 19 Apr 2025 | ฿1.9t | ฿791.1b | ฿261.0b | 7.3x | 7.4x | 2.4x |
| Mon, 17 Mar 2025 | ฿2.0t | ฿787.3b | ฿258.7b | 7.9x | 7.7x | 2.5x |
| Wed, 12 Feb 2025 | ฿2.0t | ฿788.9b | ฿258.4b | 7.7x | 7.9x | 2.6x |
| Fri, 10 Jan 2025 | ฿2.0t | ฿775.7b | ฿250.6b | 8x | 7.9x | 2.6x |
| Sun, 08 Dec 2024 | ฿2.0t | ฿775.7b | ฿250.6b | 8.2x | 7.9x | 2.5x |
| Tue, 05 Nov 2024 | ฿1.9t | ฿776.1b | ฿250.7b | 8.5x | 7.7x | 2.5x |
| Thu, 03 Oct 2024 | ฿2.0t | ฿767.2b | ฿246.4b | 8.7x | 8x | 2.6x |
| Sat, 31 Aug 2024 | ฿1.8t | ฿767.2b | ฿246.4b | 8.1x | 7.5x | 2.4x |
| Mon, 29 Jul 2024 | ฿1.7t | ฿767.1b | ฿246.3b | 7.4x | 7.1x | 2.3x |
| Wed, 26 Jun 2024 | ฿1.8t | ฿759.9b | ฿245.1b | 7.8x | 7.2x | 2.3x |
| Fri, 24 May 2024 | ฿1.8t | ฿759.8b | ฿245.1b | 8.5x | 7.4x | 2.4x |
| Sun, 21 Apr 2024 | ฿1.8t | ฿755.6b | ฿242.9b | 8.4x | 7.3x | 2.3x |
| Tue, 19 Mar 2024 | ฿1.8t | ฿735.5b | ฿238.6b | 8x | 7.5x | 2.4x |
| Thu, 15 Feb 2024 | ฿1.8t | ฿736.1b | ฿238.3b | 7.9x | 7.3x | 2.4x |
| Sat, 13 Jan 2024 | ฿1.8t | ฿716.6b | ฿228.6b | 8.7x | 7.8x | 2.5x |
| Mon, 11 Dec 2023 | ฿1.7t | ฿716.6b | ฿228.6b | 8.3x | 7.6x | 2.4x |
| Wed, 08 Nov 2023 | ฿1.8t | ฿716.3b | ฿228.1b | 8.6x | 7.9x | 2.5x |
| Fri, 06 Oct 2023 | ฿1.8t | ฿698.0b | ฿222.4b | 8.7x | 8.2x | 2.6x |
| Sun, 03 Sep 2023 | ฿1.9t | ฿698.0b | ฿222.4b | 9.2x | 8.7x | 2.8x |
| Tue, 01 Aug 2023 | ฿1.9t | ฿698.2b | ฿222.4b | 9.1x | 8.6x | 2.8x |
| Thu, 29 Jun 2023 | ฿1.8t | ฿674.2b | ฿213.4b | 9.1x | 8.6x | 2.7x |
| Sat, 27 May 2023 | ฿1.8t | ฿674.2b | ฿213.4b | 9.1x | 8.6x | 2.7x |
| Mon, 24 Apr 2023 | ฿1.8t | ฿668.8b | ฿212.6b | 9.2x | 8.5x | 2.7x |
| Wed, 22 Mar 2023 | ฿1.8t | ฿653.7b | ฿205.8b | 9.1x | 8.5x | 2.7x |
| Fri, 17 Feb 2023 | ฿1.8t | ฿654.5b | ฿207.2b | 9.2x | 8.7x | 2.8x |
Price to Earnings Ratio
8.7x
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 | 6.00% | |
| Financials | 3.86% | |
| Banks | 3.54% | |
| Diversified Banks | 3.54% | |
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 |