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Thai (SET) Airlines Industry Analysis
UpdatedMay 17, 2025
DataAggregated Company Financials
Companies2
- 7D-7.6%
- 3M-34.1%
- 1Y-34.3%
- YTDn/a
Over the last 7 days, the Airlines industry has dropped 5.1%, driven by pullbacks from every company within the industry. Overall the industry is down 30% in 12 months. Looking forward, earnings are forecast to grow by 1.6% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 17 May 2025 | ฿44.9b | ฿75.2b | ฿8.9b | 5.5x | 5.1x | 0.6x |
| Mon, 14 Apr 2025 | ฿49.5b | ฿75.6b | ฿7.3b | 6.7x | 6.8x | 0.7x |
| Wed, 12 Mar 2025 | ฿70.9b | ฿75.6b | ฿7.3b | 9.7x | 9.8x | 0.9x |
| Fri, 07 Feb 2025 | ฿62.9b | ฿76.3b | ฿8.8b | 8.5x | 7.1x | 0.8x |
| Sun, 05 Jan 2025 | ฿79.8b | ฿76.3b | ฿8.8b | 10.8x | 9x | 1x |
| Tue, 03 Dec 2024 | ฿84.4b | ฿76.3b | ฿8.8b | 11.4x | 9.5x | 1.1x |
| Thu, 31 Oct 2024 | ฿88.3b | ฿72.2b | ฿4.9b | 29.6x | 17.9x | 1.2x |
| Sat, 28 Sep 2024 | ฿87.5b | ฿72.2b | ฿4.9b | 29x | 17.7x | 1.2x |
| Mon, 26 Aug 2024 | ฿77.0b | ฿72.2b | ฿4.9b | 24.3x | 15.6x | 1.1x |
| Wed, 24 Jul 2024 | ฿69.2b | ฿69.5b | ฿3.8b | 10.5x | 18.2x | 1x |
| Fri, 21 Jun 2024 | ฿69.9b | ฿69.5b | ฿3.8b | 10.6x | 18.4x | 1x |
| Sun, 19 May 2024 | ฿68.3b | ฿65.3b | ฿4.6b | 36x | 14.9x | 1x |
| Tue, 16 Apr 2024 | ฿67.5b | ฿63.3b | ฿3.6b | 39.7x | 18.9x | 1.1x |
| Thu, 14 Mar 2024 | ฿63.1b | ฿63.3b | ฿3.6b | 36.9x | 17.6x | 1x |
| Sat, 10 Feb 2024 | ฿62.7b | ฿58.2b | ฿4.4b | 23.9x | 14.3x | 1.1x |
| Mon, 08 Jan 2024 | ฿59.4b | ฿58.2b | ฿4.4b | 22.4x | 13.6x | 1x |
| Wed, 06 Dec 2023 | ฿55.2b | ฿58.2b | ฿4.4b | 20.5x | 12.6x | 0.9x |
| Fri, 03 Nov 2023 | ฿53.0b | ฿51.5b | -฿286,845,370.00 | 22.4x | -184.9x | 1x |
| Sun, 01 Oct 2023 | ฿64.1b | ฿51.5b | -฿286,845,370.00 | 25.2x | -223.6x | 1.2x |
| Tue, 29 Aug 2023 | ฿70.3b | ฿51.5b | -฿286,845,370.00 | 27.3x | -245x | 1.4x |
| Thu, 27 Jul 2023 | ฿61.4b | ฿41.5b | -฿5,515,096,370.00 | n/a | -11.1x | 1.5x |
| Sat, 24 Jun 2023 | ฿66.5b | ฿41.5b | -฿5,515,096,370.00 | n/a | -12.1x | 1.6x |
| Mon, 22 May 2023 | ฿62.6b | ฿41.9b | -฿5,515,096,370.00 | n/a | -11.3x | 1.5x |
| Wed, 19 Apr 2023 | ฿60.9b | ฿30.1b | -฿10,140,181,370.00 | n/a | -6x | 2x |
| Fri, 17 Mar 2023 | ฿58.6b | ฿30.1b | -฿10,140,181,370.00 | n/a | -5.8x | 1.9x |
| Sun, 12 Feb 2023 | ฿66.6b | ฿19.9b | -฿14,538,893,994.00 | n/a | -4.6x | 3.3x |
| Tue, 10 Jan 2023 | ฿66.9b | ฿19.9b | -฿14,538,893,994.00 | n/a | -4.6x | 3.4x |
| Thu, 08 Dec 2022 | ฿63.7b | ฿19.9b | -฿14,538,893,994.00 | n/a | -4.4x | 3.2x |
| Sat, 05 Nov 2022 | ฿65.9b | ฿12.3b | -฿19,170,982,994.00 | n/a | -3.4x | 5.4x |
| Mon, 03 Oct 2022 | ฿59.2b | ฿12.3b | -฿19,170,982,994.00 | n/a | -3.1x | 4.8x |
| Wed, 31 Aug 2022 | ฿56.0b | ฿12.3b | -฿19,170,982,994.00 | n/a | -2.9x | 4.5x |
| Fri, 29 Jul 2022 | ฿51.3b | ฿9.0b | -฿15,977,765,742.00 | n/a | -3.2x | 5.7x |
| Sun, 26 Jun 2022 | ฿57.2b | ฿9.0b | -฿15,977,765,742.00 | n/a | -3.6x | 6.4x |
| Tue, 24 May 2022 | ฿56.0b | ฿9.0b | -฿15,977,765,742.00 | n/a | -3.5x | 6.3x |
Price to Earnings Ratio
-3.5x
Current Industry PE
- There are only 2 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 106% 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 | -1.25% | |
| Industrials | -6.10% | |
| Airlines | -7.57% | |
| Airlines | -7.57% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||