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Thai (SET) Electrical Industry Analysis
UpdatedMay 28, 2026
DataAggregated Company Financials
Companies15
- 7D9.3%
- 3M19.5%
- 1Y20.7%
- YTD26.0%
The Electrical industry is up 9.3% in the last week, with Tirathai up 22%. This takes the industry's 12 month performance to a gain of 21%. Looking forward, 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, 28 May 2026 | ฿20.5b | ฿29.3b | ฿1.3b | 10.9x | 16.1x | 0.7x |
| Sat, 25 Apr 2026 | ฿17.8b | ฿28.0b | ฿969.3m | 10.3x | 18.3x | 0.6x |
| Mon, 23 Mar 2026 | ฿17.2b | ฿28.0b | ฿969.3m | 10.2x | 17.7x | 0.6x |
| Wed, 18 Feb 2026 | ฿17.0b | ฿28.5b | ฿1.5b | 9.4x | 11.1x | 0.6x |
| Fri, 16 Jan 2026 | ฿16.1b | ฿28.6b | ฿1.6b | 8.6x | 10.3x | 0.6x |
| Sun, 14 Dec 2025 | ฿16.3b | ฿28.6b | ฿1.6b | 8.6x | 10.4x | 0.6x |
| Tue, 11 Nov 2025 | ฿16.6b | ฿29.3b | ฿1.8b | 8.9x | 9.5x | 0.6x |
| Thu, 09 Oct 2025 | ฿17.6b | ฿29.7b | ฿1.8b | 9.8x | 9.5x | 0.6x |
| Sat, 06 Sep 2025 | ฿17.3b | ฿29.7b | ฿1.8b | 9.6x | 9.4x | 0.6x |
| Mon, 04 Aug 2025 | ฿17.3b | ฿30.5b | ฿1.6b | 9.6x | 10.7x | 0.6x |
| Wed, 02 Jul 2025 | ฿16.9b | ฿30.5b | ฿1.6b | 9.2x | 10.5x | 0.6x |
| Fri, 30 May 2025 | ฿16.9b | ฿30.5b | ฿1.6b | 10.1x | 10.6x | 0.6x |
| Sun, 27 Apr 2025 | ฿17.5b | ฿31.1b | ฿1.7b | 10.8x | 10x | 0.6x |
| Tue, 25 Mar 2025 | ฿17.6b | ฿31.1b | ฿1.7b | 11.3x | 10.1x | 0.6x |
| Thu, 20 Feb 2025 | ฿18.2b | ฿31.3b | ฿1.7b | 10.9x | 10.7x | 0.6x |
| Sat, 18 Jan 2025 | ฿19.0b | ฿31.3b | ฿1.7b | 12.4x | 11.2x | 0.6x |
| Mon, 16 Dec 2024 | ฿21.4b | ฿31.3b | ฿1.7b | 13.1x | 12.6x | 0.7x |
| Wed, 13 Nov 2024 | ฿20.9b | ฿30.3b | ฿1.6b | 11.7x | 13.4x | 0.7x |
| Fri, 11 Oct 2024 | ฿21.9b | ฿30.1b | ฿1.5b | 12x | 14.2x | 0.7x |
| Sun, 08 Sep 2024 | ฿20.3b | ฿30.1b | ฿1.5b | 11.6x | 13.2x | 0.7x |
| Tue, 06 Aug 2024 | ฿19.5b | ฿29.1b | ฿1.5b | 12.7x | 12.8x | 0.7x |
| Thu, 04 Jul 2024 | ฿21.1b | ฿29.1b | ฿1.5b | 12.9x | 13.9x | 0.7x |
| Sat, 01 Jun 2024 | ฿21.4b | ฿29.1b | ฿1.5b | 13.4x | 14.6x | 0.7x |
| Mon, 29 Apr 2024 | ฿19.4b | ฿28.4b | ฿1.4b | 11.7x | 14x | 0.7x |
| Wed, 27 Mar 2024 | ฿20.0b | ฿28.4b | ฿1.4b | 12.1x | 14.4x | 0.7x |
| Fri, 23 Feb 2024 | ฿19.4b | ฿28.0b | ฿1.2b | 14.4x | 15.8x | 0.7x |
| Sun, 21 Jan 2024 | ฿19.4b | ฿27.8b | ฿1.1b | 14.6x | 17x | 0.7x |
| Tue, 19 Dec 2023 | ฿18.6b | ฿27.8b | ฿1.1b | 14x | 16.3x | 0.7x |
| Thu, 16 Nov 2023 | ฿18.6b | ฿28.0b | ฿1.1b | 14.5x | 16.9x | 0.7x |
| Sat, 14 Oct 2023 | ฿19.6b | ฿28.7b | ฿842.3m | 15.2x | 23.2x | 0.7x |
| Mon, 11 Sep 2023 | ฿21.3b | ฿28.6b | ฿840.4m | 16.9x | 25.3x | 0.7x |
| Wed, 09 Aug 2023 | ฿20.3b | ฿28.9b | ฿936.1m | 16.5x | 21.7x | 0.7x |
| Fri, 07 Jul 2023 | ฿16.1b | ฿23.8b | ฿641.3m | 19.5x | 25.2x | 0.7x |
| Sun, 04 Jun 2023 | ฿20.5b | ฿53.0b | ฿3.8b | 16.9x | 5.5x | 0.4x |
Price to Earnings Ratio
5.5x
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 16.1x which is higher than its 3-year average PE of 14.1x.
- 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 | 2.81% | |
| Industrials | 4.17% | |
| Electrical | 9.29% | |
| Electrical Components | 10.17% | |
| Heavy Electrical Equipment | 5.19% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 16.0x.
- 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 below 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 | ฿5.95 | 47.3% +฿760.0m | 108.0% | PE10.3x | |
| ASEFA Asefa | ฿5.40 | 23.3% +฿527.2m | 59.8% | PE9.6x | |
| PCC Precise Corporation | ฿3.08 | 13.2% +฿441.6m | 22.2% | PE9.4x | |
| QTC QTC Energy | ฿4.34 | 22.6% +฿272.9m | 17.3% | PE105.7x | |
| TRT Tirathai | ฿7.75 | 8.4% +฿184.8m | 142.2% | PE10.3x |