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Thai (SET) Diversified Banks Industry Analysis
UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies13
- 7D-2.9%
- 3M3.8%
- 1Y12.3%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has dropped 1.2%, driven by Kasikornbank declining 1.6%. In contrast, CIMB Thai Bank has gained 5.8%. In the past year, the industry has gained 15%. Earnings are forecast to grow by 4.5% annually.
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, 16 Feb 2025 | ฿2.0t | ฿788.9b | ฿258.4b | 7.6x | 7.7x | 2.5x |
| Tue, 14 Jan 2025 | ฿2.0t | ฿775.7b | ฿250.6b | 8x | 8x | 2.6x |
| Thu, 12 Dec 2024 | ฿2.0t | ฿775.7b | ฿250.6b | 8.1x | 7.9x | 2.5x |
| Sat, 09 Nov 2024 | ฿1.9t | ฿776.1b | ฿250.7b | 8.7x | 7.8x | 2.5x |
| Mon, 07 Oct 2024 | ฿2.0t | ฿767.2b | ฿246.4b | 8.5x | 7.9x | 2.5x |
| Wed, 04 Sep 2024 | ฿1.9t | ฿767.2b | ฿246.4b | 8.1x | 7.5x | 2.4x |
| Fri, 02 Aug 2024 | ฿1.8t | ฿767.1b | ฿246.3b | 7.5x | 7.1x | 2.3x |
| Sun, 30 Jun 2024 | ฿1.7t | ฿759.9b | ฿245.1b | 7.5x | 7.1x | 2.3x |
| Tue, 28 May 2024 | ฿1.8t | ฿759.8b | ฿245.1b | 8.4x | 7.4x | 2.4x |
| Thu, 25 Apr 2024 | ฿1.8t | ฿759.7b | ฿244.9b | 8.5x | 7.3x | 2.4x |
| Sat, 23 Mar 2024 | ฿1.8t | ฿735.5b | ฿238.6b | 8.1x | 7.6x | 2.5x |
| Mon, 19 Feb 2024 | ฿1.7t | ฿736.1b | ฿238.3b | 8x | 7.3x | 2.4x |
| Wed, 17 Jan 2024 | ฿1.8t | ฿716.9b | ฿228.6b | 8.5x | 7.7x | 2.5x |
| Fri, 15 Dec 2023 | ฿1.8t | ฿716.6b | ฿228.6b | 8.4x | 7.7x | 2.4x |
| Sun, 12 Nov 2023 | ฿1.8t | ฿716.3b | ฿228.1b | 8.6x | 7.8x | 2.5x |
| Tue, 10 Oct 2023 | ฿1.9t | ฿698.0b | ฿222.4b | 8.8x | 8.3x | 2.7x |
| Thu, 07 Sep 2023 | ฿1.9t | ฿698.0b | ฿222.4b | 9.1x | 8.7x | 2.8x |
| Sat, 05 Aug 2023 | ฿1.9t | ฿698.2b | ฿222.4b | 9.1x | 8.5x | 2.7x |
| Mon, 03 Jul 2023 | ฿1.8t | ฿674.2b | ฿213.4b | 9.3x | 8.7x | 2.7x |
| Wed, 31 May 2023 | ฿1.8t | ฿674.2b | ฿213.4b | 9.2x | 8.6x | 2.7x |
| Fri, 28 Apr 2023 | ฿1.8t | ฿673.7b | ฿212.9b | 9.1x | 8.3x | 2.6x |
| Sun, 26 Mar 2023 | ฿1.8t | ฿653.7b | ฿205.8b | 9.2x | 8.6x | 2.7x |
| Tue, 21 Feb 2023 | ฿1.8t | ฿654.5b | ฿207.2b | 9.2x | 8.8x | 2.8x |
| Thu, 19 Jan 2023 | ฿1.9t | ฿645.4b | ฿207.9b | 8.5x | 9.1x | 2.9x |
| Sat, 17 Dec 2022 | ฿1.8t | ฿651.3b | ฿215.2b | 8.1x | 8.4x | 2.8x |
| Mon, 14 Nov 2022 | ฿1.8t | ฿652.8b | ฿213.7b | 8.3x | 8.6x | 2.8x |
| Wed, 12 Oct 2022 | ฿1.8t | ฿622.4b | ฿196.7b | 8.6x | 8.9x | 2.8x |
| Fri, 09 Sep 2022 | ฿1.8t | ฿622.4b | ฿196.7b | 8.6x | 9.1x | 2.9x |
| Sun, 07 Aug 2022 | ฿1.7t | ฿621.7b | ฿196.1b | 8.6x | 8.9x | 2.8x |
| Tue, 05 Jul 2022 | ฿1.7t | ฿619.4b | ฿194.9b | 9.2x | 8.9x | 2.8x |
| Thu, 02 Jun 2022 | ฿1.8t | ฿619.4b | ฿194.9b | 9.1x | 9.2x | 2.9x |
| Sat, 30 Apr 2022 | ฿1.8t | ฿617.9b | ฿193.7b | 9.7x | 9.4x | 2.9x |
| Mon, 28 Mar 2022 | ฿1.8t | ฿612.6b | ฿188.2b | 9.9x | 9.7x | 3x |
| Wed, 23 Feb 2022 | ฿1.9t | ฿611.4b | ฿187.1b | 10.2x | 10.2x | 3.1x |
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 8.3x.
- 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 11% per year over the last three years.
- Revenues for these companies have grown 8.9% 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 | -0.76% | |
| Financials | -1.99% | |
| Banks | -2.90% | |
| Diversified Banks | -2.90% | |
| Regional Banks | 0% | 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 | |
|---|---|---|---|---|---|
| CIMBT CIMB Thai Bank | ฿0.55 | 3.8% +฿696.4m | -6.8% | PB0.4x |