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Thai (SET) Electrical Industry Analysis
UpdatedJun 03, 2026
DataAggregated Company Financials
Companies15
- 7D9.3%
- 3M35.9%
- 1Y31.1%
- YTD35.6%
Over the last 7 days, the Electrical industry has risen 9.3%, driven by gains from Charoong Thai Wire and Cable of 36%. This takes the industry's 12 month performance to a gain of 31%. 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, 04 Jun 2026 | ฿22.1b | ฿29.3b | ฿1.3b | 11.1x | 17.3x | 0.8x |
| Sat, 02 May 2026 | ฿17.8b | ฿28.0b | ฿969.3m | 10.2x | 18.4x | 0.6x |
| Mon, 30 Mar 2026 | ฿17.4b | ฿28.0b | ฿969.3m | 10.2x | 17.9x | 0.6x |
| Wed, 25 Feb 2026 | ฿17.4b | ฿28.5b | ฿1.5b | 10.1x | 11.6x | 0.6x |
| Fri, 23 Jan 2026 | ฿16.2b | ฿28.6b | ฿1.6b | 8.6x | 10.3x | 0.6x |
| Sun, 21 Dec 2025 | ฿16.3b | ฿28.6b | ฿1.6b | 8.9x | 10.4x | 0.6x |
| Tue, 18 Nov 2025 | ฿16.5b | ฿29.2b | ฿1.6b | 8.8x | 10.2x | 0.6x |
| Thu, 16 Oct 2025 | ฿17.3b | ฿29.7b | ฿1.8b | 9.7x | 9.4x | 0.6x |
| Sat, 13 Sep 2025 | ฿17.6b | ฿29.7b | ฿1.8b | 9.9x | 9.5x | 0.6x |
| Mon, 11 Aug 2025 | ฿17.5b | ฿30.7b | ฿1.6b | 9.9x | 11x | 0.6x |
| Wed, 09 Jul 2025 | ฿16.9b | ฿30.5b | ฿1.6b | 9.6x | 10.5x | 0.6x |
| Fri, 06 Jun 2025 | ฿16.8b | ฿30.5b | ฿1.6b | 9.6x | 10.4x | 0.5x |
| Sun, 04 May 2025 | ฿17.6b | ฿31.1b | ฿1.7b | 11x | 10.1x | 0.6x |
| Tue, 01 Apr 2025 | ฿17.5b | ฿31.1b | ฿1.7b | 11x | 10x | 0.6x |
| Thu, 27 Feb 2025 | ฿18.3b | ฿31.0b | ฿1.9b | 11.5x | 9.8x | 0.6x |
| Sat, 25 Jan 2025 | ฿19.5b | ฿31.3b | ฿1.7b | 12.5x | 11.5x | 0.6x |
| Mon, 23 Dec 2024 | ฿20.5b | ฿31.3b | ฿1.7b | 13x | 12.1x | 0.7x |
| Wed, 20 Nov 2024 | ฿21.2b | ฿31.1b | ฿1.6b | 12.1x | 13.2x | 0.7x |
| Fri, 18 Oct 2024 | ฿21.1b | ฿30.1b | ฿1.5b | 11.9x | 13.7x | 0.7x |
| Sun, 15 Sep 2024 | ฿21.1b | ฿30.1b | ฿1.5b | 11.8x | 13.8x | 0.7x |
| Tue, 13 Aug 2024 | ฿19.5b | ฿29.1b | ฿1.5b | 12x | 12.6x | 0.7x |
| Thu, 11 Jul 2024 | ฿21.6b | ฿29.1b | ฿1.5b | 12.8x | 14.2x | 0.7x |
| Sat, 08 Jun 2024 | ฿21.3b | ฿29.1b | ฿1.5b | 12.8x | 14.1x | 0.7x |
| Mon, 06 May 2024 | ฿19.6b | ฿28.4b | ฿1.4b | 11.7x | 14.1x | 0.7x |
| Wed, 03 Apr 2024 | ฿19.9b | ฿28.4b | ฿1.4b | 12.2x | 14.4x | 0.7x |
| Fri, 01 Mar 2024 | ฿19.4b | ฿28.1b | ฿1.2b | 13.7x | 15.6x | 0.7x |
| Sun, 28 Jan 2024 | ฿19.5b | ฿27.8b | ฿1.1b | 14.6x | 17.1x | 0.7x |
| Tue, 26 Dec 2023 | ฿18.9b | ฿27.8b | ฿1.1b | 14x | 16.6x | 0.7x |
| Thu, 23 Nov 2023 | ฿18.8b | ฿27.8b | ฿1.1b | 14.2x | 16.5x | 0.7x |
| Sat, 21 Oct 2023 | ฿18.8b | ฿28.7b | ฿842.3m | 14.3x | 22.3x | 0.7x |
| Mon, 18 Sep 2023 | ฿21.0b | ฿28.6b | ฿840.4m | 16.9x | 25x | 0.7x |
| Wed, 16 Aug 2023 | ฿20.1b | ฿28.9b | ฿944.2m | 16.4x | 21.3x | 0.7x |
| Fri, 14 Jul 2023 | ฿16.2b | ฿23.8b | ฿641.3m | 20.4x | 25.3x | 0.7x |
| Sun, 11 Jun 2023 | ฿19.1b | ฿53.0b | ฿3.8b | 18.3x | 5.1x | 0.4x |
Price to Earnings Ratio
5.1x
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 17.3x 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 | 2.25% | |
| Industrials | 3.67% | |
| Electrical | 9.31% | |
| Electrical Components | 9.65% | |
| Heavy Electrical Equipment | 7.69% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 16.1x.
- 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 | ฿6.05 | 29.3% +฿545.1m | 113.0% | PE10.5x | |
| PCC Precise Corporation | ฿3.08 | 8.5% +฿294.4m | 22.2% | PE9.4x | |
| TRT Tirathai | ฿9.25 | 7.6% +฿200.2m | 190.9% | PE12.3x | |
| ASEFA Asefa | ฿5.50 | 6.8% +฿180.9m | 62.7% | PE9.8x | |
| QTC QTC Energy | ฿4.66 | 10.4% +฿150.1m | 30.2% | PE113.5x |