Have your own idea? Try our Stock Screener
Thai (SET) Electrical Industry Analysis
UpdatedJan 02, 2026
DataAggregated Company Financials
Companies15
- 7D-0.1%
- 3M-7.5%
- 1Y-22.6%
- YTDn/a
Last week, the Electrical industry hasn't moved much but Lighting and Equipment is up 10% in that time. Unfortunately though, the industry is down 22% over the past 12 months. Earnings are forecast to grow by 17% 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 |
|---|---|---|---|---|---|---|
| Fri, 02 Jan 2026 | ฿16.4b | ฿28.6b | ฿1.6b | 8.9x | 10.4x | 0.6x |
| Sun, 30 Nov 2025 | ฿16.2b | ฿28.6b | ฿1.6b | 8.9x | 10.1x | 0.6x |
| Tue, 28 Oct 2025 | ฿17.1b | ฿29.7b | ฿1.8b | 9.5x | 9.3x | 0.6x |
| Thu, 25 Sep 2025 | ฿17.7b | ฿29.7b | ฿1.8b | 9.8x | 9.6x | 0.6x |
| Sat, 23 Aug 2025 | ฿17.1b | ฿29.7b | ฿1.8b | 9.5x | 9.3x | 0.6x |
| Mon, 21 Jul 2025 | ฿17.2b | ฿30.5b | ฿1.6b | 9.8x | 10.7x | 0.6x |
| Wed, 18 Jun 2025 | ฿16.6b | ฿30.5b | ฿1.6b | 9.4x | 10.3x | 0.5x |
| Fri, 16 May 2025 | ฿17.2b | ฿30.5b | ฿1.7b | 9.7x | 10.3x | 0.6x |
| Sun, 13 Apr 2025 | ฿16.7b | ฿31.1b | ฿1.7b | 10.3x | 9.6x | 0.5x |
| Tue, 11 Mar 2025 | ฿17.9b | ฿31.1b | ฿1.7b | 11.5x | 10.2x | 0.6x |
| Thu, 06 Feb 2025 | ฿18.4b | ฿31.3b | ฿1.7b | 11.5x | 10.9x | 0.6x |
| Sat, 04 Jan 2025 | ฿20.9b | ฿31.3b | ฿1.7b | 13x | 12.3x | 0.7x |
| Mon, 02 Dec 2024 | ฿20.9b | ฿31.3b | ฿1.7b | 13.2x | 12.3x | 0.7x |
| Wed, 30 Oct 2024 | ฿20.9b | ฿30.1b | ฿1.5b | 11.9x | 13.6x | 0.7x |
| Fri, 27 Sep 2024 | ฿21.4b | ฿30.1b | ฿1.5b | 11.9x | 13.9x | 0.7x |
| Sun, 25 Aug 2024 | ฿19.7b | ฿30.1b | ฿1.5b | 11.7x | 12.9x | 0.7x |
| Tue, 23 Jul 2024 | ฿20.8b | ฿29.1b | ฿1.5b | 12.9x | 13.7x | 0.7x |
| Thu, 20 Jun 2024 | ฿20.3b | ฿29.1b | ฿1.5b | 12.4x | 13.3x | 0.7x |
| Sat, 18 May 2024 | ฿19.8b | ฿29.1b | ฿1.5b | 13.1x | 13.5x | 0.7x |
| Mon, 15 Apr 2024 | ฿19.9b | ฿28.4b | ฿1.4b | 12.2x | 14.3x | 0.7x |
| Wed, 13 Mar 2024 | ฿19.5b | ฿28.4b | ฿1.4b | 12.1x | 14.1x | 0.7x |
| Fri, 09 Feb 2024 | ฿19.5b | ฿27.8b | ฿1.1b | 14.6x | 17.1x | 0.7x |
| Sun, 07 Jan 2024 | ฿19.6b | ฿27.8b | ฿1.1b | 14.9x | 17.2x | 0.7x |
| Tue, 05 Dec 2023 | ฿18.5b | ฿27.8b | ฿1.1b | 14.1x | 16.2x | 0.7x |
| Thu, 02 Nov 2023 | ฿18.4b | ฿28.7b | ฿842.3m | 13.3x | 21.9x | 0.6x |
| Sat, 30 Sep 2023 | ฿20.1b | ฿28.7b | ฿842.3m | 15.1x | 23.8x | 0.7x |
| Mon, 28 Aug 2023 | ฿20.9b | ฿28.6b | ฿840.4m | 15.9x | 24.8x | 0.7x |
| Wed, 26 Jul 2023 | ฿20.4b | ฿28.9b | ฿936.1m | 16.6x | 21.8x | 0.7x |
| Fri, 23 Jun 2023 | ฿17.3b | ฿53.0b | ฿3.8b | 16.1x | 4.6x | 0.3x |
| Sun, 21 May 2023 | ฿49.5b | ฿53.0b | ฿3.8b | 16.7x | 13.1x | 0.9x |
| Tue, 18 Apr 2023 | ฿51.5b | ฿53.0b | ฿3.6b | 20x | 14.4x | 1x |
| Thu, 16 Mar 2023 | ฿51.6b | ฿52.9b | ฿3.6b | 19.6x | 14.5x | 1x |
| Sat, 11 Feb 2023 | ฿56.2b | ฿53.0b | ฿3.1b | 16.6x | 17.9x | 1.1x |
| Mon, 09 Jan 2023 | ฿51.8b | ฿53.0b | ฿3.1b | 16.1x | 16.5x | 1x |
Price to Earnings Ratio
16.5x
Current Industry PE
- Investors are pessimistic on the Thai Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 10.4x which is lower than its 3-year average PE of 14.2x.
- The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have declined 21% 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 | -0.40% | |
| Industrials | -4.07% | |
| Electrical | -0.096% | |
| Electrical Components | 0.068% | |
| Heavy Electrical Equipment | -0.75% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 15.5x.
- Analysts are expecting annual earnings growth of 16.9%, which is higher than its past year's earnings growth of 6.5% per year.
- Investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading below its 3-year average of 10.0x.
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings growth rate of 6.5% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|---|
| TRT Tirathai | ฿3.42 | 2.4% +฿24.6m | -6.0% | PE16.7x | |
| QTC QTC Energy | ฿3.44 | 1.8% +฿20.5m | -6.5% | PE15.5x | |
| L&E Lighting and Equipment | ฿1.20 | 3.4% +฿19.7m | 0% | PS0.2x |