Thai (SET) Railroads Industry Analysis

UpdatedSep 20, 2026

DataAggregated Company Financials

Companies1

7D-1.0%
3M-5.7%
1Y-37.9%
YTDn/a

In the last week, Railroads has been flat. Unfortunately though, the industry is down 39% over the past 12 months. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Thai Railroads Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 20 Sep 2026	฿32.2b	฿24.1b	-฿1,310,660,992.00	n/a	-24.6x	1.3x
Tue, 18 Aug 2026	฿33.5b	฿23.7b	-฿1,310,660,992.00	n/a	-25.5x	1.4x
Thu, 16 Jul 2026	฿35.1b	฿23.4b	-฿1,151,822,992.00	n/a	-30.5x	1.5x
Sat, 13 Jun 2026	฿32.8b	฿23.4b	-฿1,151,822,992.00	n/a	-28.5x	1.4x
Mon, 11 May 2026	฿33.2b	฿23.4b	-฿1,081,395,819.00	n/a	-30.7x	1.4x
Wed, 08 Apr 2026	฿33.8b	฿23.4b	-฿1,081,395,819.00	n/a	-31.3x	1.4x
Fri, 06 Mar 2026	฿33.8b	฿23.4b	-฿1,081,395,819.00	n/a	-31.3x	1.4x
Sun, 01 Feb 2026	฿35.1b	฿22.7b	฿2.7b	12.9x	12.9x	1.5x
Tue, 30 Dec 2025	฿36.1b	฿22.7b	฿2.7b	13.3x	13.3x	1.6x
Thu, 27 Nov 2025	฿40.6b	฿26.1b	฿2.8b	14.4x	14.4x	1.6x
Sat, 25 Oct 2025	฿46.7b	฿21.0b	฿2.3b	20.6x	20.6x	2.2x
Mon, 22 Sep 2025	฿51.8b	฿21.0b	฿2.3b	22.9x	22.9x	2.5x
Wed, 20 Aug 2025	฿56.3b	฿21.0b	฿2.3b	24.9x	24.9x	2.7x
Fri, 18 Jul 2025	฿57.3b	฿19.0b	฿2.1b	27.1x	27.1x	3x
Sun, 15 Jun 2025	฿68.9b	฿19.0b	฿2.1b	32.5x	32.5x	3.6x
Tue, 13 May 2025	฿74.7b	฿17.1b	฿2.2b	33.3x	33.3x	4.4x
Thu, 10 Apr 2025	฿73.1b	฿17.1b	฿2.2b	32.6x	32.6x	4.3x
Sat, 08 Mar 2025	฿96.6b	฿17.1b	฿2.2b	43.1x	43.1x	5.7x
Mon, 03 Feb 2025	฿99.0b	฿16.8b	-฿5,563,974,532.00	n/a	-17.8x	5.9x
Wed, 01 Jan 2025	฿80.3b	฿16.8b	-฿5,563,974,532.00	n/a	-14.4x	4.8x
Fri, 29 Nov 2024	฿72.4b	฿16.8b	-฿5,563,974,532.00	n/a	-13x	4.3x
Sun, 27 Oct 2024	฿61.4b	฿16.8b	-฿4,851,228,532.00	n/a	-12.6x	3.7x
Tue, 24 Sep 2024	฿61.9b	฿16.8b	-฿4,851,228,532.00	n/a	-12.8x	3.7x
Thu, 22 Aug 2024	฿55.6b	฿16.8b	-฿4,851,228,532.00	n/a	-11.5x	3.3x
Sat, 20 Jul 2024	฿54.5b	฿18.2b	-฿5,241,242,532.00	n/a	-10.4x	3x
Mon, 17 Jun 2024	฿60.6b	฿18.2b	-฿5,241,242,532.00	n/a	-11.6x	3.3x
Wed, 15 May 2024	฿78.3b	฿19.3b	-฿5,499,239,200.00	n/a	-14.2x	4.1x
Fri, 12 Apr 2024	฿81.0b	฿19.3b	-฿5,499,239,200.00	n/a	-14.7x	4.2x
Sun, 10 Mar 2024	฿67.2b	฿19.3b	-฿5,499,239,200.00	n/a	-12.2x	3.5x
Tue, 06 Feb 2024	฿79.0b	฿18.9b	฿311.0m	254x	254x	4.2x
Thu, 04 Jan 2024	฿96.8b	฿18.9b	฿311.0m	311.2x	311.2x	5.1x
Sat, 02 Dec 2023	฿93.5b	฿18.9b	฿311.0m	300.6x	300.6x	5x
Mon, 30 Oct 2023	฿97.4b	฿19.5b	฿528.1m	184.5x	184.5x	5x
Wed, 27 Sep 2023	฿99.4b	฿19.5b	฿528.1m	188.3x	188.3x	5.1x

Price to Earnings Ratio

188.3x

Wed, 27 Sep 2023

Current Industry PE

There is only one company in the Thai Railroads industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

Total earnings for the Railroads industry have declined over the last three years, with the industry now making a loss overall.
Meanwhile revenues have grown 7.3% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.