Have your own idea? Try our Stock Screener
Thai (SET) Airlines Industry Analysis
UpdatedApr 24, 2026
DataAggregated Company Financials
Companies3
- 7D-1.1%
- 3M-11.8%
- 1Y-19.0%
- YTDn/a
In the last week, the Airlines industry is up 2.1%, with all of the companies up. However, the industry is down 14% over the past year. As for the next few years, earnings are forecast to decline by 6.6% per annum.
Industry Valuation and Performance
Has the Thai Airlines Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 24 Apr 2026 | ฿216.4b | ฿256.2b | ฿36.8b | 6x | 5.9x | 0.8x |
| Sun, 22 Mar 2026 | ฿222.3b | ฿256.4b | ฿36.8b | 6x | 6x | 0.9x |
| Tue, 17 Feb 2026 | ฿243.9b | ฿258.9b | -฿11,027,619,117.00 | 12.6x | -22.1x | 0.9x |
| Thu, 15 Jan 2026 | ฿235.6b | ฿258.9b | -฿11,027,619,117.00 | 10.8x | -21.4x | 0.9x |
| Sat, 13 Dec 2025 | ฿280.9b | ฿258.9b | -฿11,027,619,117.00 | 10.9x | -25.5x | 1.1x |
| Mon, 10 Nov 2025 | ฿307.6b | ฿264.5b | ฿989.9m | 5.6x | 310.7x | 1.2x |
| Wed, 08 Oct 2025 | ฿417.8b | ฿264.5b | ฿989.9m | 6.2x | 422.1x | 1.6x |
| Fri, 05 Sep 2025 | ฿436.0b | ฿264.5b | ฿989.9m | 6x | 440.5x | 1.6x |
| Sun, 03 Aug 2025 | ฿49.5b | ฿75.2b | ฿8.9b | 6.1x | 5.6x | 0.7x |
| Tue, 01 Jul 2025 | ฿39.8b | ฿75.2b | ฿8.9b | 4.9x | 4.5x | 0.5x |
| Thu, 29 May 2025 | ฿44.5b | ฿75.2b | ฿8.9b | 5.5x | 5x | 0.6x |
| Sat, 26 Apr 2025 | ฿52.7b | ฿75.6b | ฿7.3b | 7.2x | 7.3x | 0.7x |
| Mon, 24 Mar 2025 | ฿63.2b | ฿75.6b | ฿7.3b | 8.6x | 8.7x | 0.8x |
| Wed, 19 Feb 2025 | ฿73.7b | ฿76.3b | ฿8.8b | 10.1x | 8.3x | 1x |
| Fri, 17 Jan 2025 | ฿69.1b | ฿76.3b | ฿8.8b | 9.4x | 7.8x | 0.9x |
| Sun, 15 Dec 2024 | ฿85.4b | ฿76.3b | ฿8.8b | 11.5x | 9.7x | 1.1x |
| Tue, 12 Nov 2024 | ฿87.5b | ฿72.2b | ฿4.9b | 29.1x | 17.7x | 1.2x |
| Thu, 10 Oct 2024 | ฿85.4b | ฿72.2b | ฿4.9b | 27.6x | 17.3x | 1.2x |
| Sat, 07 Sep 2024 | ฿77.3b | ฿72.2b | ฿4.9b | 25.3x | 15.6x | 1.1x |
| Mon, 05 Aug 2024 | ฿70.8b | ฿69.5b | ฿3.8b | 10.2x | 18.6x | 1x |
| Wed, 03 Jul 2024 | ฿68.7b | ฿69.5b | ฿3.8b | 10.5x | 18.1x | 1x |
| Fri, 31 May 2024 | ฿70.2b | ฿69.5b | ฿3.8b | 10x | 18.4x | 1x |
| Sun, 28 Apr 2024 | ฿64.6b | ฿63.3b | ฿3.6b | 37.1x | 18.1x | 1x |
| Tue, 26 Mar 2024 | ฿63.4b | ฿63.3b | ฿3.6b | 38.3x | 17.7x | 1x |
| Thu, 22 Feb 2024 | ฿60.7b | ฿58.2b | ฿4.4b | 23.1x | 13.9x | 1x |
| Sat, 20 Jan 2024 | ฿57.2b | ฿58.2b | ฿4.4b | 21.1x | 13.1x | 1x |
| Mon, 18 Dec 2023 | ฿56.1b | ฿58.2b | ฿4.4b | 21x | 12.8x | 1x |
| Wed, 15 Nov 2023 | ฿58.0b | ฿58.3b | ฿4.4b | 21.2x | 13.3x | 1x |
| Fri, 13 Oct 2023 | ฿59.2b | ฿51.5b | -฿286,845,370.00 | 24.2x | -206.5x | 1.2x |
| Sun, 10 Sep 2023 | ฿68.0b | ฿51.5b | -฿286,845,370.00 | 26.3x | -237.2x | 1.3x |
| Tue, 08 Aug 2023 | ฿65.5b | ฿41.5b | -฿5,515,096,370.00 | n/a | -11.9x | 1.6x |
| Thu, 06 Jul 2023 | ฿63.7b | ฿41.5b | -฿5,515,096,370.00 | n/a | -11.5x | 1.5x |
| Sat, 03 Jun 2023 | ฿66.1b | ฿41.5b | -฿5,515,096,370.00 | n/a | -12x | 1.6x |
| Mon, 01 May 2023 | ฿60.8b | ฿30.1b | -฿10,140,181,370.00 | n/a | -6x | 2x |
Price to Earnings Ratio
-6x
Current Industry PE
- There are only 3 companies in the Thai Airlines industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Airlines industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 104% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Thai Airlines compare with similar industries?
| TH Market | -1.92% | |
| Industrials | -0.47% | |
| Airlines | -1.15% | |
| Airlines | -1.15% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||