Thai (SET) Highways and Railtracks Industry Analysis

UpdatedMar 12, 2026

DataAggregated Company Financials

Companies2

7D-3.9%
3M0.2%
1Y-2.2%
YTDn/a

Over the last 7 days, the Highways and Railtracks industry has dropped 8.1%, driven by declines from every company within the industry. However, the industry is down 6.5% over the past year. Earnings are forecast to grow by 5.8% annually.

Industry Valuation and Performance

Has the Thai Highways and Railtracks Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 12 Mar 2026	฿92.4b	฿19.6b	฿4.9b	16.6x	19x	4.7x
Sat, 07 Feb 2026	฿90.8b	฿19.5b	฿4.7b	17.3x	19.3x	4.6x
Mon, 05 Jan 2026	฿92.4b	฿19.5b	฿4.7b	17.2x	19.6x	4.7x
Wed, 03 Dec 2025	฿96.7b	฿19.5b	฿4.7b	17.7x	20.5x	4.9x
Fri, 31 Oct 2025	฿89.3b	฿19.5b	฿4.7b	16.9x	19x	4.6x
Sun, 28 Sep 2025	฿88.2b	฿19.5b	฿4.7b	16.6x	18.8x	4.5x
Tue, 26 Aug 2025	฿92.7b	฿19.5b	฿4.7b	17.2x	19.8x	4.7x
Thu, 24 Jul 2025	฿94.4b	฿19.5b	฿4.7b	17.5x	20.1x	4.8x
Sat, 21 Jun 2025	฿81.6b	฿19.5b	฿4.7b	15.6x	17.4x	4.2x
Mon, 19 May 2025	฿100.4b	฿19.5b	฿4.7b	18.3x	21.4x	5.1x
Wed, 16 Apr 2025	฿94.6b	฿19.5b	฿4.7b	17.4x	20.3x	4.9x
Fri, 14 Mar 2025	฿93.7b	฿19.5b	฿4.7b	17.5x	20.1x	4.8x
Sun, 09 Feb 2025	฿113.4b	฿19.3b	฿4.8b	19.4x	23.7x	5.9x
Tue, 07 Jan 2025	฿118.2b	฿19.3b	฿4.8b	20.2x	24.7x	6.1x
Thu, 05 Dec 2024	฿125.1b	฿19.3b	฿4.8b	21.4x	26.1x	6.5x
Sat, 02 Nov 2024	฿133.5b	฿19.0b	฿4.7b	23x	28.4x	7x
Mon, 30 Sep 2024	฿134.2b	฿19.0b	฿4.7b	23.1x	28.6x	7x
Wed, 28 Aug 2024	฿131.3b	฿19.0b	฿4.7b	22.7x	27.9x	6.9x
Fri, 26 Jul 2024	฿135.3b	฿18.9b	฿4.6b	23.8x	29.5x	7.2x
Sun, 23 Jun 2024	฿131.7b	฿18.9b	฿4.6b	23.3x	28.7x	7x
Tue, 21 May 2024	฿135.4b	฿18.8b	฿4.6b	24.2x	29.6x	7.2x
Thu, 18 Apr 2024	฿138.4b	฿18.7b	฿4.5b	24.9x	30.9x	7.4x
Sat, 16 Mar 2024	฿142.2b	฿18.7b	฿4.5b	25.4x	31.7x	7.6x
Mon, 12 Feb 2024	฿128.6b	฿18.4b	฿4.2b	25.4x	30.5x	7x
Wed, 10 Jan 2024	฿137.2b	฿18.4b	฿4.2b	26.8x	32.6x	7.5x
Fri, 08 Dec 2023	฿136.8b	฿18.4b	฿4.2b	26.3x	32.5x	7.4x
Sun, 05 Nov 2023	฿137.5b	฿17.9b	฿4.1b	27.4x	33.9x	7.7x
Tue, 03 Oct 2023	฿138.1b	฿17.9b	฿4.1b	27.5x	34.1x	7.7x
Thu, 31 Aug 2023	฿150.2b	฿17.9b	฿4.1b	29.7x	37.1x	8.4x
Sat, 29 Jul 2023	฿152.2b	฿15.2b	฿3.1b	39.1x	48.8x	10x
Mon, 26 Jun 2023	฿141.0b	฿15.2b	฿3.1b	36.4x	45.2x	9.3x
Wed, 24 May 2023	฿142.1b	฿17.9b	฿3.7b	30.8x	38x	8x
Fri, 21 Apr 2023	฿151.3b	฿16.6b	฿3.2b	37.7x	47x	9.1x
Sun, 19 Mar 2023	฿145.0b	฿16.6b	฿3.2b	36.6x	45.1x	8.7x

Price to Earnings Ratio

45.1x

Sun, 19 Mar 2023

Current Industry PE

There are only 2 companies in the Thai Highways and Railtracks industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

The earnings for companies in the Highways and Railtracks industry have grown 15% per year over the last three years.
Revenues for these companies have grown 5.6% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.