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Thai (SET) Asset Management Industry Analysis
UpdatedApr 16, 2026
DataAggregated Company Financials
Companies5
- 7D-1.1%
- 3M-3.4%
- 1Y-12.4%
- YTDn/a
Over the last 7 days, the Asset Management industry has dropped 1.1%, driven by AIRA Capital declining 1.8%. The industry has fallen 12% in the last year.
Industry Valuation and Performance
Has the Thai Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 Apr 2026 | ฿11.0b | ฿2.6b | ฿188.0m | 9.9x | 58.6x | 4.2x |
| Sat, 14 Mar 2026 | ฿11.4b | ฿2.6b | ฿188.0m | 10.2x | 60.8x | 4.4x |
| Mon, 09 Feb 2026 | ฿10.0b | ฿2.6b | ฿248.0m | 7.5x | 40.4x | 3.9x |
| Wed, 07 Jan 2026 | ฿13.2b | ฿2.6b | ฿248.0m | 7.8x | 53x | 5.1x |
| Fri, 05 Dec 2025 | ฿10.6b | ฿2.6b | ฿248.0m | 7.8x | 42.9x | 4.1x |
| Sun, 02 Nov 2025 | ฿12.0b | ฿2.6b | ฿244.4m | 8.2x | 49.2x | 4.7x |
| Tue, 30 Sep 2025 | ฿12.9b | ฿2.6b | ฿244.4m | 8.4x | 52.8x | 5x |
| Thu, 28 Aug 2025 | ฿11.8b | ฿2.6b | ฿221.8m | 9x | 53.2x | 4.6x |
| Sat, 26 Jul 2025 | ฿12.2b | ฿2.5b | ฿268.6m | 8.6x | 45.5x | 4.8x |
| Mon, 23 Jun 2025 | ฿12.8b | ฿2.5b | ฿268.6m | 9x | 47.6x | 5.1x |
| Wed, 21 May 2025 | ฿13.4b | ฿2.5b | ฿268.6m | 9.4x | 49.8x | 5.3x |
| Fri, 18 Apr 2025 | ฿12.2b | ฿2.2b | ฿90.9m | 14.5x | 133.7x | 5.5x |
| Sun, 16 Mar 2025 | ฿10.9b | ฿2.2b | ฿90.9m | 14x | 120.1x | 5x |
| Tue, 11 Feb 2025 | ฿12.0b | ฿2.1b | -฿31,456,060.00 | 16.1x | -381.2x | 5.7x |
| Thu, 09 Jan 2025 | ฿12.3b | ฿2.1b | -฿31,456,060.00 | 17.2x | -390.1x | 5.9x |
| Sat, 07 Dec 2024 | ฿11.0b | ฿2.1b | -฿31,456,060.00 | 16.1x | -350.7x | 5.3x |
| Mon, 04 Nov 2024 | ฿11.8b | ฿1.9b | -฿40,941,135.00 | 18.2x | -287.2x | 6.1x |
| Wed, 02 Oct 2024 | ฿44.2b | ฿4.9b | ฿1.7b | 18.2x | 26.3x | 9.1x |
| Fri, 30 Aug 2024 | ฿35.9b | ฿4.9b | ฿1.7b | 13.2x | 21.4x | 7.4x |
| Sun, 28 Jul 2024 | ฿35.0b | ฿4.8b | ฿1.7b | 13.2x | 20.7x | 7.2x |
| Tue, 25 Jun 2024 | ฿39.4b | ฿4.8b | ฿1.7b | 14.2x | 23.3x | 8.1x |
| Thu, 23 May 2024 | ฿40.4b | ฿4.6b | ฿1.5b | 16x | 26.4x | 8.8x |
| Sat, 20 Apr 2024 | ฿45.6b | ฿4.5b | ฿1.5b | 17.2x | 29.8x | 10.1x |
| Mon, 18 Mar 2024 | ฿42.4b | ฿4.5b | ฿1.5b | 17x | 27.7x | 9.4x |
| Wed, 14 Feb 2024 | ฿40.8b | ฿4.9b | ฿2.0b | 13.6x | 20x | 8.4x |
| Fri, 12 Jan 2024 | ฿41.7b | ฿4.9b | ฿2.0b | 13.9x | 20.4x | 8.6x |
| Sun, 10 Dec 2023 | ฿40.8b | ฿4.9b | ฿2.0b | 13.2x | 20x | 8.4x |
| Tue, 07 Nov 2023 | ฿42.4b | ฿5.1b | ฿2.4b | 12.8x | 17.7x | 8.3x |
| Thu, 05 Oct 2023 | ฿48.4b | ฿5.1b | ฿2.4b | 14.1x | 20.2x | 9.5x |
| Sat, 02 Sep 2023 | ฿52.1b | ฿5.1b | ฿2.4b | 15.2x | 21.7x | 10.2x |
| Mon, 31 Jul 2023 | ฿49.4b | ฿5.4b | ฿2.8b | 12.8x | 17.5x | 9.2x |
| Wed, 28 Jun 2023 | ฿47.7b | ฿5.4b | ฿2.8b | 12.7x | 16.8x | 8.9x |
| Fri, 26 May 2023 | ฿51.3b | ฿5.4b | ฿2.8b | 13.3x | 18.1x | 9.5x |
| Sun, 23 Apr 2023 | ฿58.6b | ฿5.4b | ฿2.9b | 14.6x | 20x | 10.8x |
Price to Earnings Ratio
20x
Current Industry PE
- Investors are optimistic on the Thai Asset Management and Custody Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 58.6x which is higher than its 3-year average PE of -16.9x.
- The 3-year average PS ratio of 7.0x is higher than the industry's current PS ratio of 4.2x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have declined 60% per year over the last three years,
- Revenues have also declined 22% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Thai Asset Management compare with similar industries?
| TH Market | 1.47% | |
| Financials | -1.68% | |
| Capital Markets | 0.33% | |
| Asset Management | -1.08% | |
| Investment Banking and Brokerage | 0.57% | |
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 | |
|---|---|---|---|---|---|
| TH Tong Hua Holding | ฿0.48 | 2.1% +฿10.0m | -15.8% | PE8.4x |