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Thai (SET) Diversified Banks Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies13
- 7D-2.5%
- 3M-2.4%
- 1Y6.0%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has dropped 2.5%, driven by pullbacks in Kasikornbank and Krung Thai Bank of 3.5% and 4.2%, respectively. This takes the industry's 12 month performance to a gain of 6.0%. As for the next few years, earnings are expected to grow by 4.7% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | ฿1.9t | ฿775.7b | ฿250.6b | 8x | 7.7x | 2.5x |
| Tue, 19 Nov 2024 | ฿1.9t | ฿775.7b | ฿250.6b | 8.5x | 7.7x | 2.5x |
| Thu, 17 Oct 2024 | ฿2.0t | ฿767.0b | ฿246.3b | 8.4x | 8x | 2.6x |
| Sat, 14 Sep 2024 | ฿2.0t | ฿767.2b | ฿246.4b | 8.7x | 8.2x | 2.6x |
| Mon, 12 Aug 2024 | ฿1.7t | ฿767.2b | ฿246.4b | 7.4x | 7x | 2.2x |
| Wed, 10 Jul 2024 | ฿1.8t | ฿759.9b | ฿245.1b | 7.7x | 7.3x | 2.3x |
| Fri, 07 Jun 2024 | ฿1.8t | ฿759.9b | ฿245.1b | 7.8x | 7.2x | 2.3x |
| Sun, 05 May 2024 | ฿1.8t | ฿759.7b | ฿244.9b | 8.5x | 7.4x | 2.4x |
| Tue, 02 Apr 2024 | ฿1.8t | ฿744.9b | ฿242.2b | 8.5x | 7.6x | 2.5x |
| Thu, 29 Feb 2024 | ฿1.8t | ฿735.8b | ฿238.6b | 7.9x | 7.5x | 2.4x |
| Sat, 27 Jan 2024 | ฿1.7t | ฿736.1b | ฿238.3b | 8.2x | 7.2x | 2.3x |
| Mon, 25 Dec 2023 | ฿1.8t | ฿716.6b | ฿228.6b | 8.6x | 7.8x | 2.5x |
| Wed, 22 Nov 2023 | ฿1.8t | ฿716.6b | ฿228.6b | 8.4x | 7.7x | 2.5x |
| Fri, 20 Oct 2023 | ฿1.8t | ฿698.3b | ฿222.5b | 8.8x | 8.3x | 2.6x |
| Sun, 17 Sep 2023 | ฿1.9t | ฿698.0b | ฿222.4b | 9.1x | 8.6x | 2.7x |
| Tue, 15 Aug 2023 | ฿1.9t | ฿698.0b | ฿222.4b | 9.4x | 8.7x | 2.8x |
| Thu, 13 Jul 2023 | ฿1.8t | ฿674.2b | ฿213.4b | 9.3x | 8.6x | 2.7x |
| Sat, 10 Jun 2023 | ฿1.9t | ฿674.2b | ฿213.4b | 9.5x | 8.9x | 2.8x |
| Mon, 08 May 2023 | ฿1.8t | ฿673.7b | ฿212.9b | 9.1x | 8.4x | 2.7x |
| Wed, 05 Apr 2023 | ฿1.8t | ฿653.7b | ฿205.8b | 9.3x | 8.6x | 2.7x |
| Fri, 03 Mar 2023 | ฿1.8t | ฿653.8b | ฿205.9b | 9.3x | 8.7x | 2.8x |
| Sun, 29 Jan 2023 | ฿1.9t | ฿645.5b | ฿205.1b | 9.6x | 9.3x | 2.9x |
| Tue, 27 Dec 2022 | ฿1.8t | ฿651.3b | ฿215.2b | 8.2x | 8.5x | 2.8x |
| Thu, 24 Nov 2022 | ฿1.8t | ฿651.3b | ฿215.2b | 8.1x | 8.4x | 2.8x |
| Sat, 22 Oct 2022 | ฿1.8t | ฿627.3b | ฿199.0b | 8.9x | 9.1x | 2.9x |
| Mon, 19 Sep 2022 | ฿1.8t | ฿622.4b | ฿196.7b | 8.7x | 9x | 2.9x |
| Wed, 17 Aug 2022 | ฿1.8t | ฿622.4b | ฿196.7b | 8.9x | 9.1x | 2.9x |
| Fri, 15 Jul 2022 | ฿1.7t | ฿619.4b | ฿194.9b | 8.9x | 8.6x | 2.7x |
| Sun, 12 Jun 2022 | ฿1.8t | ฿619.4b | ฿194.9b | 9.3x | 9.2x | 2.9x |
| Tue, 10 May 2022 | ฿1.8t | ฿617.9b | ฿193.7b | 9.3x | 9.1x | 2.9x |
| Thu, 07 Apr 2022 | ฿1.9t | ฿612.6b | ฿188.2b | 10.1x | 9.9x | 3.1x |
| Sat, 05 Mar 2022 | ฿1.9t | ฿612.6b | ฿188.2b | 10x | 9.9x | 3.1x |
| Mon, 31 Jan 2022 | ฿1.9t | ฿611.4b | ฿187.1b | 10.1x | 10x | 3.1x |
| Wed, 29 Dec 2021 | ฿1.8t | ฿596.0b | ฿176.2b | 10.1x | 10.2x | 3x |
Price to Earnings Ratio
10.2x
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 8.4x.
- The industry is trading close to its 3-year average PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 9.2% 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 | -4.66% | |
| Financials | -3.02% | |
| Banks | -2.50% | |
| Diversified Banks | -2.50% | |
| Regional Banks | 0% | |
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 | |
|---|---|---|---|---|---|
| TISCO TISCO Financial Group | ฿97.75 | 0.3% +฿200.2m | 0% | PB1.9x |