Have your own idea? Try our Stock Screener
Thai (SET) Electrical Industry Analysis
UpdatedMar 19, 2026
DataAggregated Company Financials
Companies15
- 7D2.8%
- 3M4.7%
- 1Y-4.5%
- YTD4.8%
In the last week, the Electrical industry is up 2.8%, with Charoong Thai Wire and Cable up 16%. However, the industry is down 4.5% over the past year.
Industry Valuation and Performance
Has the Thai Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 19 Mar 2026 | ฿17.1b | ฿28.0b | ฿969.3m | 10.2x | 17.6x | 0.6x |
| Sat, 14 Feb 2026 | ฿16.8b | ฿28.6b | ฿1.6b | 9.2x | 10.7x | 0.6x |
| Mon, 12 Jan 2026 | ฿16.3b | ฿28.6b | ฿1.6b | 8.8x | 10.4x | 0.6x |
| Wed, 10 Dec 2025 | ฿16.3b | ฿28.6b | ฿1.6b | 8.9x | 10.4x | 0.6x |
| Fri, 07 Nov 2025 | ฿16.8b | ฿29.7b | ฿1.8b | 9.5x | 9.1x | 0.6x |
| Sun, 05 Oct 2025 | ฿17.7b | ฿29.7b | ฿1.8b | 9.8x | 9.6x | 0.6x |
| Tue, 02 Sep 2025 | ฿17.0b | ฿29.7b | ฿1.8b | 9.4x | 9.3x | 0.6x |
| Thu, 31 Jul 2025 | ฿17.3b | ฿30.5b | ฿1.6b | 9.6x | 10.7x | 0.6x |
| Sat, 28 Jun 2025 | ฿16.7b | ฿30.5b | ฿1.6b | 9.1x | 10.4x | 0.5x |
| Mon, 26 May 2025 | ฿17.0b | ฿30.5b | ฿1.6b | 9.7x | 10.5x | 0.6x |
| Wed, 23 Apr 2025 | ฿17.1b | ฿31.1b | ฿1.7b | 10.6x | 9.8x | 0.5x |
| Fri, 21 Mar 2025 | ฿17.8b | ฿31.1b | ฿1.7b | 11.4x | 10.2x | 0.6x |
| Sun, 16 Feb 2025 | ฿18.0b | ฿31.3b | ฿1.7b | 11x | 10.6x | 0.6x |
| Tue, 14 Jan 2025 | ฿20.3b | ฿31.3b | ฿1.7b | 12.7x | 11.9x | 0.6x |
| Thu, 12 Dec 2024 | ฿21.5b | ฿31.3b | ฿1.7b | 13.1x | 12.7x | 0.7x |
| Sat, 09 Nov 2024 | ฿21.4b | ฿30.1b | ฿1.5b | 11.8x | 13.9x | 0.7x |
| Mon, 07 Oct 2024 | ฿21.5b | ฿30.1b | ฿1.5b | 12x | 14x | 0.7x |
| Wed, 04 Sep 2024 | ฿20.1b | ฿30.1b | ฿1.5b | 11.4x | 13.1x | 0.7x |
| Fri, 02 Aug 2024 | ฿20.4b | ฿29.1b | ฿1.5b | 12.8x | 13.4x | 0.7x |
| Sun, 30 Jun 2024 | ฿21.0b | ฿29.1b | ฿1.5b | 12.8x | 13.8x | 0.7x |
| Tue, 28 May 2024 | ฿21.7b | ฿29.1b | ฿1.5b | 13.2x | 14.8x | 0.7x |
| Thu, 25 Apr 2024 | ฿19.3b | ฿28.4b | ฿1.4b | 11.7x | 13.9x | 0.7x |
| Sat, 23 Mar 2024 | ฿19.7b | ฿28.4b | ฿1.4b | 12.1x | 14.2x | 0.7x |
| Mon, 19 Feb 2024 | ฿19.5b | ฿28.0b | ฿1.2b | 14.4x | 15.9x | 0.7x |
| Wed, 17 Jan 2024 | ฿19.8b | ฿27.8b | ฿1.1b | 14.8x | 17.4x | 0.7x |
| Fri, 15 Dec 2023 | ฿18.6b | ฿27.8b | ฿1.1b | 14x | 16.3x | 0.7x |
| Sun, 12 Nov 2023 | ฿18.7b | ฿28.0b | ฿938.5m | 14.9x | 20x | 0.7x |
| Tue, 10 Oct 2023 | ฿19.3b | ฿28.7b | ฿842.3m | 14.3x | 23x | 0.7x |
| Thu, 07 Sep 2023 | ฿21.3b | ฿28.6b | ฿840.4m | 17.2x | 25.4x | 0.7x |
| Sat, 05 Aug 2023 | ฿20.6b | ฿28.9b | ฿936.1m | 16.5x | 22x | 0.7x |
| Mon, 03 Jul 2023 | ฿16.2b | ฿23.8b | ฿641.3m | 19.3x | 25.3x | 0.7x |
| Wed, 31 May 2023 | ฿49.5b | ฿53.0b | ฿3.8b | 15.6x | 13.1x | 0.9x |
| Fri, 28 Apr 2023 | ฿50.1b | ฿53.0b | ฿3.6b | 19.8x | 14x | 0.9x |
| Sun, 26 Mar 2023 | ฿51.5b | ฿53.0b | ฿3.6b | 20x | 14.4x | 1x |
Price to Earnings Ratio
14.4x
Current Industry PE
- Investors are optimistic on the Thai Electrical industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.6x which is higher than its 3-year average PE of 13.8x.
- The industry is trading close to its 3-year average PS ratio of 0.66x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have declined 35% per year over the last three years,
- Revenues have also declined 19% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Thai Industrials industry?
| TH Market | 2.40% | |
| Industrials | -1.26% | |
| Electrical | 2.80% | |
| Electrical Components | 4.07% | |
| Heavy Electrical Equipment | -2.19% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 15.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading below its 3-year average of 9.8x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CTW Charoong Thai Wire and Cable | ฿3.60 | 13.9% +฿175.1m | 26.8% | PE13.4x | |
| SOLAR Solartron | ฿0.22 | 37.5% +฿78.4m | -4.3% | PS0.5x | |
| L&E Lighting and Equipment | ฿1.16 | 12.6% +฿64.0m | -2.5% | PS0.2x | |
| AKR Ekarat Engineering | ฿0.90 | 1.1% +฿14.7m | -10.9% | PE7x | |
| ASEFA Asefa | ฿3.94 | 0.5% +฿10.3m | 34.9% | PE9.3x |