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Thai (SET) Electrical Industry Analysis
UpdatedJun 11, 2026
DataAggregated Company Financials
Companies15
- 7D1.5%
- 3M33.5%
- 1Y32.1%
- YTD37.7%
The Electrical industry is up 1.5% in the last week, with Tirathai up 11%. During this same period, the Light Up Total Solution underperformed, falling 13%. This means that the industry has gained 32% over the past year. Earnings are forecast to grow by 34% annually.
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, 11 Jun 2026 | ฿22.4b | ฿29.3b | ฿1.3b | 11x | 17.6x | 0.8x |
| Sat, 09 May 2026 | ฿17.3b | ฿28.0b | ฿969.3m | 10x | 17.9x | 0.6x |
| Mon, 06 Apr 2026 | ฿17.8b | ฿28.0b | ฿969.3m | 10.2x | 18.4x | 0.6x |
| Wed, 04 Mar 2026 | ฿16.9b | ฿28.1b | ฿1.3b | 10.1x | 12.5x | 0.6x |
| Fri, 30 Jan 2026 | ฿16.3b | ฿28.6b | ฿1.6b | 8.6x | 10.4x | 0.6x |
| Sun, 28 Dec 2025 | ฿16.3b | ฿28.6b | ฿1.6b | 8.9x | 10.4x | 0.6x |
| Tue, 25 Nov 2025 | ฿16.3b | ฿28.6b | ฿1.6b | 8.7x | 10x | 0.6x |
| Thu, 23 Oct 2025 | ฿17.1b | ฿29.7b | ฿1.8b | 9.5x | 9.3x | 0.6x |
| Sat, 20 Sep 2025 | ฿17.8b | ฿29.7b | ฿1.8b | 9.9x | 9.6x | 0.6x |
| Mon, 18 Aug 2025 | ฿17.3b | ฿29.7b | ฿1.8b | 9.8x | 9.4x | 0.6x |
| Wed, 16 Jul 2025 | ฿17.0b | ฿30.5b | ฿1.6b | 9.6x | 10.5x | 0.6x |
| Fri, 13 Jun 2025 | ฿16.8b | ฿30.5b | ฿1.6b | 9.5x | 10.4x | 0.6x |
| Sun, 11 May 2025 | ฿17.6b | ฿31.1b | ฿1.8b | 11.2x | 10x | 0.6x |
| Tue, 08 Apr 2025 | ฿17.1b | ฿31.1b | ฿1.7b | 11.1x | 9.8x | 0.6x |
| Thu, 06 Mar 2025 | ฿18.1b | ฿31.1b | ฿1.8b | 11.6x | 9.9x | 0.6x |
| Sat, 01 Feb 2025 | ฿19.0b | ฿31.3b | ฿1.7b | 12.2x | 11.2x | 0.6x |
| Mon, 30 Dec 2024 | ฿20.6b | ฿31.3b | ฿1.7b | 13x | 12.2x | 0.7x |
| Wed, 27 Nov 2024 | ฿20.4b | ฿31.3b | ฿1.7b | 13.4x | 12x | 0.7x |
| Fri, 25 Oct 2024 | ฿21.0b | ฿30.1b | ฿1.5b | 11.9x | 13.7x | 0.7x |
| Sun, 22 Sep 2024 | ฿21.7b | ฿30.1b | ฿1.5b | 12.1x | 14.1x | 0.7x |
| Tue, 20 Aug 2024 | ฿19.7b | ฿30.1b | ฿1.5b | 11.7x | 12.8x | 0.7x |
| Thu, 18 Jul 2024 | ฿20.9b | ฿29.1b | ฿1.5b | 12.8x | 13.8x | 0.7x |
| Sat, 15 Jun 2024 | ฿21.0b | ฿29.1b | ฿1.5b | 12.8x | 13.8x | 0.7x |
| Mon, 13 May 2024 | ฿19.6b | ฿28.7b | ฿1.5b | 11.4x | 12.9x | 0.7x |
| Wed, 10 Apr 2024 | ฿19.8b | ฿28.4b | ฿1.4b | 12.2x | 14.2x | 0.7x |
| Fri, 08 Mar 2024 | ฿19.3b | ฿28.4b | ฿1.4b | 12x | 13.9x | 0.7x |
| Sun, 04 Feb 2024 | ฿19.4b | ฿27.8b | ฿1.1b | 14.7x | 17x | 0.7x |
| Tue, 02 Jan 2024 | ฿19.0b | ฿27.8b | ฿1.1b | 14.4x | 16.7x | 0.7x |
| Thu, 30 Nov 2023 | ฿18.7b | ฿27.8b | ฿1.1b | 14.2x | 16.4x | 0.7x |
| Sat, 28 Oct 2023 | ฿18.5b | ฿28.7b | ฿842.3m | 13.3x | 22x | 0.6x |
| Mon, 25 Sep 2023 | ฿20.6b | ฿28.7b | ฿842.3m | 16.5x | 24.5x | 0.7x |
| Wed, 23 Aug 2023 | ฿20.3b | ฿28.6b | ฿840.4m | 15x | 24.2x | 0.7x |
| Fri, 21 Jul 2023 | ฿16.6b | ฿23.8b | ฿641.3m | 20.4x | 25.8x | 0.7x |
| Sun, 18 Jun 2023 | ฿18.5b | ฿53.0b | ฿3.8b | 16.4x | 4.9x | 0.3x |
Price to Earnings Ratio
4.9x
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 14.2x.
- The industry is trading close to its 3-year average PS ratio of 0.64x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have declined 30% per year over the last three years,
- Revenues have also declined 18% 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 | -1.56% | |
| Industrials | -0.39% | |
| Electrical | 1.52% | |
| Electrical Components | 2.11% | |
| Heavy Electrical Equipment | -1.30% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 16.2x.
- Analysts are expecting annual earnings growth of 34.2%, which is higher than its past year's earnings growth of 12.5% per year.
- Investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading close to its 3-year average of 9.7x.
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 34% over the next 5 years.
- This is better than its past earnings growth rate of 12% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 34% per year over the next few years.
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 | ฿6.95 | 13.9% +฿338.2m | 131.7% | PE12x | |
| TRT Tirathai | ฿10.90 | 6.9% +฿215.6m | 236.4% | PE14.5x | |
| TMI Teera-Mongkol Industry | ฿0.48 | 2.1% +฿6.7m | 2.1% | PE12.2x | |
| L&E Lighting and Equipment | ฿1.16 | 0.9% +฿4.9m | -7.2% | PS0.2x |