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Thai (SET) Diversified Banks Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies13
- 7D-0.6%
- 3M3.3%
- 1Y12.5%
- YTDn/a
Last week, the Diversified Banks industry hasn't moved much but Thai Credit Bank is up 12% in that time. As for the the longer term, the industry is up 12% over the past 12 months. Earnings are forecast to grow by 4.7% 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 |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | ฿2.0t | ฿775.9b | ฿250.7b | 7.9x | 8x | 2.6x |
| Thu, 19 Dec 2024 | ฿2.0t | ฿775.7b | ฿250.6b | 8.1x | 7.8x | 2.5x |
| Sat, 16 Nov 2024 | ฿1.9t | ฿775.7b | ฿250.5b | 8.5x | 7.7x | 2.5x |
| Mon, 14 Oct 2024 | ฿2.0t | ฿767.2b | ฿246.4b | 8.4x | 8.1x | 2.6x |
| Wed, 11 Sep 2024 | ฿2.0t | ฿767.2b | ฿246.4b | 8.5x | 8.1x | 2.6x |
| Fri, 09 Aug 2024 | ฿1.7t | ฿767.2b | ฿246.4b | 7.4x | 7x | 2.2x |
| Sun, 07 Jul 2024 | ฿1.8t | ฿759.9b | ฿245.1b | 7.6x | 7.2x | 2.3x |
| Tue, 04 Jun 2024 | ฿1.8t | ฿759.9b | ฿245.1b | 8.3x | 7.3x | 2.4x |
| Thu, 02 May 2024 | ฿1.8t | ฿759.7b | ฿244.9b | 8.6x | 7.4x | 2.4x |
| Sat, 30 Mar 2024 | ฿1.8t | ฿735.5b | ฿238.6b | 8.2x | 7.6x | 2.5x |
| Mon, 26 Feb 2024 | ฿1.8t | ฿735.8b | ฿238.6b | 7.9x | 7.6x | 2.5x |
| Wed, 24 Jan 2024 | ฿1.7t | ฿736.7b | ฿239.0b | 8x | 7.2x | 2.3x |
| Fri, 22 Dec 2023 | ฿1.8t | ฿716.6b | ฿228.6b | 8.6x | 7.8x | 2.5x |
| Sun, 19 Nov 2023 | ฿1.8t | ฿716.6b | ฿228.6b | 8.4x | 7.8x | 2.5x |
| Tue, 17 Oct 2023 | ฿1.9t | ฿698.3b | ฿222.5b | 8.8x | 8.4x | 2.7x |
| Thu, 14 Sep 2023 | ฿1.9t | ฿698.0b | ฿222.4b | 8.8x | 8.6x | 2.7x |
| Sat, 12 Aug 2023 | ฿1.9t | ฿698.2b | ฿222.4b | 9.4x | 8.7x | 2.8x |
| Mon, 10 Jul 2023 | ฿1.8t | ฿674.2b | ฿213.4b | 9.2x | 8.6x | 2.7x |
| Wed, 07 Jun 2023 | ฿1.9t | ฿674.2b | ฿213.4b | 9.3x | 8.8x | 2.8x |
| Fri, 05 May 2023 | ฿1.8t | ฿673.7b | ฿212.9b | 9.1x | 8.4x | 2.7x |
| Sun, 02 Apr 2023 | ฿1.8t | ฿653.7b | ฿205.8b | 9.2x | 8.6x | 2.7x |
| Tue, 28 Feb 2023 | ฿1.8t | ฿654.2b | ฿205.9b | 9.3x | 8.8x | 2.8x |
| Thu, 26 Jan 2023 | ฿1.9t | ฿640.1b | ฿201.9b | 9.4x | 9.2x | 2.9x |
| Sat, 24 Dec 2022 | ฿1.8t | ฿651.3b | ฿215.2b | 8x | 8.5x | 2.8x |
| Mon, 21 Nov 2022 | ฿1.8t | ฿651.3b | ฿215.2b | 8x | 8.4x | 2.8x |
| Wed, 19 Oct 2022 | ฿1.8t | ฿622.9b | ฿197.0b | 8.7x | 9x | 2.9x |
| Fri, 16 Sep 2022 | ฿1.8t | ฿622.4b | ฿196.7b | 8.7x | 9.1x | 2.9x |
| Sun, 14 Aug 2022 | ฿1.8t | ฿621.5b | ฿195.9b | 8.7x | 9x | 2.9x |
| Tue, 12 Jul 2022 | ฿1.7t | ฿619.4b | ฿194.9b | 9.1x | 8.8x | 2.8x |
| Thu, 09 Jun 2022 | ฿1.8t | ฿619.4b | ฿194.9b | 9x | 9x | 2.8x |
| Sat, 07 May 2022 | ฿1.8t | ฿617.9b | ฿193.7b | 9.4x | 9.2x | 2.9x |
| Mon, 04 Apr 2022 | ฿1.9t | ฿612.6b | ฿188.2b | 10.1x | 10x | 3.1x |
| Wed, 02 Mar 2022 | ฿1.9t | ฿612.6b | ฿188.2b | 10.1x | 10.1x | 3.1x |
| Fri, 28 Jan 2022 | ฿1.9t | ฿611.4b | ฿187.1b | 10.1x | 10x | 3.1x |
Price to Earnings Ratio
10x
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 10% per year over the last three years.
- Revenues for these companies have grown 8.3% 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 | -1.08% | |
| Financials | -0.84% | |
| Banks | -0.64% | |
| Diversified Banks | -0.64% | |
| 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 | |
|---|---|---|---|---|---|
| SCB SCB X | ฿122.50 | 2.5% +฿10.1b | 17.8% | PB0.9x | |
| CREDIT Thai Credit Bank | ฿20.20 | 9.2% +฿2.1b | n/a | PB1.1x | |
| TTB TMBThanachart Bank | ฿1.83 | 0.5% +฿974.0m | 2.2% | PB0.7x | |
| KKP Kiatnakin Phatra Bank | ฿52.25 | 1.5% +฿623.1m | 11.2% | PB0.7x | |
| TCAP Thanachart Capital | ฿50.00 | 1.0% +฿524.3m | -2.4% | PB0.7x |