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Thai (SET) Diversified Banks Industry Analysis

UpdatedApr 12, 2024
DataAggregated Company Financials
Companies13
  • 7D3.1%
  • 3M0.6%
  • 1Y-0.04%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has risen 1.0%, driven by gains from Kasikornbank of 2.4%. Meanwhile, CIMB Thai Bank actually underperformed within the industry, shrinking 5.2% in the last week. The industry has been flat over the past 12 months despite the gain this week. As for the next few years, earnings are expected to grow by 4.6% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Apr 2024฿1.9t฿744.9b฿242.2b8.6x7.7x2.5x
Mon, 11 Mar 2024฿1.8t฿735.5b฿238.6b8.4x7.5x2.4x
Wed, 07 Feb 2024฿1.7t฿736.1b฿238.3b8.2x7.3x2.4x
Fri, 05 Jan 2024฿1.8t฿716.6b฿228.6b8.8x7.9x2.5x
Sun, 03 Dec 2023฿1.7t฿716.6b฿228.6b8.5x7.6x2.4x
Tue, 31 Oct 2023฿1.8t฿716.3b฿228.1b8.7x7.9x2.5x
Thu, 28 Sep 2023฿1.8t฿698.0b฿222.4b8.6x8.3x2.6x
Sat, 26 Aug 2023฿1.9t฿698.0b฿222.4b9.2x8.7x2.8x
Mon, 24 Jul 2023฿1.9t฿698.2b฿222.4b9.1x8.5x2.7x
Wed, 21 Jun 2023฿1.9t฿674.2b฿213.4b9.4x8.7x2.8x
Fri, 19 May 2023฿1.8t฿674.2b฿213.4b9.1x8.5x2.7x
Sun, 16 Apr 2023฿1.8t฿653.7b฿205.8b9.5x8.8x2.8x
Tue, 14 Mar 2023฿1.7t฿653.8b฿205.9b8.9x8.5x2.7x
Thu, 09 Feb 2023฿1.8t฿645.5b฿205.1b9.1x9x2.9x
Sat, 07 Jan 2023฿1.9t฿645.4b฿207.9b8.5x9.2x3x
Mon, 05 Dec 2022฿1.8t฿651.3b฿215.2b8.1x8.4x2.8x
Wed, 02 Nov 2022฿1.8t฿643.1b฿207.2b8.3x8.8x2.8x
Fri, 30 Sep 2022฿1.8t฿622.4b฿196.7b8.6x9x2.8x
Sun, 28 Aug 2022฿1.8t฿622.3b฿196.7b9.2x9.3x3x
Tue, 26 Jul 2022฿1.7t฿621.7b฿196.1b8.4x8.8x2.8x
Thu, 23 Jun 2022฿1.7t฿619.4b฿194.9b9.1x8.9x2.8x
Sat, 21 May 2022฿1.8t฿619.4b฿194.9b9x9x2.8x
Mon, 18 Apr 2022฿1.8t฿612.6b฿188.2b9.7x9.5x2.9x
Wed, 16 Mar 2022฿1.8t฿612.6b฿188.2b9.9x9.8x3x
Fri, 11 Feb 2022฿2.0t฿611.4b฿187.1b10.7x10.7x3.3x
Sun, 09 Jan 2022฿1.8t฿596.0b฿176.2b10.5x10.4x3.1x
Tue, 07 Dec 2021฿1.7t฿596.0b฿176.2b9.7x9.7x2.9x
Thu, 04 Nov 2021฿1.8t฿595.3b฿175.5b10.5x10x3x
Sat, 02 Oct 2021฿1.7t฿581.0b฿162.6b11x10.3x2.9x
Mon, 30 Aug 2021฿1.6t฿581.0b฿162.6b11.2x9.8x2.7x
Tue, 06 Jul 2021฿1.5t฿581.0b฿162.6b10.6x9.4x2.6x
Price to Earnings Ratio

11.8x


Total Market Cap: ฿1.7tTotal Earnings: ฿141.5bTotal Revenue: ฿553.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Diversified Banks Industry Price to Earnings3Y Average 9x202220232024
Current Industry PE
  • Investors are pessimistic on the Thai Diversified Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 7.6x which is lower than its 3-year average PE of 9.0x.
  • The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 10% 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 Market1.63%
Financials2.25%
Banks3.07%
Diversified Banks3.07%
Regional Banks0%
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?

CompanyLast Price7D1YValuation
BBL Bangkok Bank฿144.505.1%
+฿13.4b
-8.0%PB0.5x
SCB SCB X฿115.502.7%
+฿10.1b
9.5%PB0.8x
KTB Krung Thai Bank฿17.103.0%
+฿7.0b
-0.6%PB0.6x
TTB TMBThanachart Bank฿1.834.0%
+฿6.8b
30.7%PB0.8x
KBANK Kasikornbank฿126.502.0%
+฿5.9b
-7.0%PB0.6x
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Latest News

KBANK

฿126.50

Kasikornbank

7D

2.0%

1Y

-7.0%

BBL

฿144.50

Bangkok Bank

7D

5.1%

1Y

-8.0%

KTB

฿17.10

Krung Thai Bank

7D

3.0%

1Y

-0.6%

SCB

฿115.50

SCB X

7D

2.7%

1Y

9.5%

TTB

฿1.83

TMBThanachart Bank

7D

4.0%

1Y

30.7%

BAY

฿27.25

Bank of Ayudhya

7D

1.9%

1Y

-6.8%

TISCO

฿100.00

TISCO Financial Group

7D

1.0%

1Y

-1.5%

KKP

฿53.00

Kiatnakin Phatra Bank

7D

2.9%

1Y

-17.2%