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Thai (SET) Retail REITs Industry Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies7
  • 7D-0.1%
  • 3M1.9%
  • 1Y-1.0%
  • YTDn/a

Over the last 7 days, the Retail REITs industry has remained flat. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the Thai Retail REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Jan 2026฿93.7b฿12.7b฿6.6b7.7x14.2x7.4x
Tue, 09 Dec 2025฿90.8b฿12.7b฿6.6b7.3x13.8x7.2x
Thu, 06 Nov 2025฿91.9b฿12.3b฿6.9b9.5x13.4x7.5x
Sat, 04 Oct 2025฿91.6b฿12.3b฿6.9b9.6x13.3x7.5x
Mon, 01 Sep 2025฿86.8b฿12.3b฿6.9b9.4x12.6x7.1x
Wed, 30 Jul 2025฿89.3b฿11.9b฿5.5b9.8x16.1x7.5x
Fri, 27 Jun 2025฿84.1b฿11.9b฿5.5b9.8x15.2x7.1x
Sun, 25 May 2025฿95.2b฿11.9b฿5.5b10.6x17.2x8x
Tue, 22 Apr 2025฿91.9b฿11.1b฿4.7b11.5x19.5x8.3x
Thu, 20 Mar 2025฿95.3b฿11.1b฿4.7b11.8x20.2x8.6x
Sat, 15 Feb 2025฿91.6b฿13.7b฿6.2b12x14.8x6.7x
Mon, 13 Jan 2025฿91.3b฿13.7b฿6.2b11.9x14.8x6.6x
Wed, 11 Dec 2024฿95.7b฿13.7b฿6.2b12.8x15.5x7x
Fri, 08 Nov 2024฿92.6b฿13.8b฿6.6b11.1x14.1x6.7x
Sun, 06 Oct 2024฿99.4b฿13.8b฿6.6b11.6x15.1x7.2x
Tue, 03 Sep 2024฿93.1b฿13.8b฿6.6b11.2x14.2x6.8x
Thu, 01 Aug 2024฿87.2b฿13.7b฿7.6b11.2x11.5x6.4x
Sat, 29 Jun 2024฿82.3b฿13.7b฿7.6b10.5x10.8x6x
Mon, 27 May 2024฿86.3b฿13.7b฿7.6b11x11.3x6.3x
Wed, 24 Apr 2024฿78.0b฿13.5b฿7.4b8.6x10.5x5.8x
Fri, 22 Mar 2024฿78.9b฿13.5b฿7.4b8.7x10.7x5.8x
Sun, 18 Feb 2024฿79.5b฿13.2b฿6.8b10.4x11.7x6x
Tue, 16 Jan 2024฿81.6b฿13.1b฿5.5b10.4x14.8x6.2x
Thu, 14 Dec 2023฿78.9b฿13.1b฿5.5b10.1x14.3x6x
Sat, 11 Nov 2023฿74.8b฿12.8b฿4.2b12.3x17.9x5.9x
Mon, 09 Oct 2023฿75.5b฿12.7b฿4.2b12.7x18.2x5.9x
Wed, 06 Sep 2023฿81.6b฿12.7b฿4.2b13.3x19.7x6.4x
Fri, 04 Aug 2023฿81.8b฿12.3b฿4.4b14.2x18.6x6.6x
Sun, 02 Jul 2023฿82.4b฿12.3b฿4.4b14.6x18.9x6.7x
Tue, 30 May 2023฿88.9b฿12.3b฿4.4b14.9x20.4x7.2x
Thu, 27 Apr 2023฿87.9b฿11.7b฿3.7b15x23.5x7.5x
Sat, 25 Mar 2023฿88.3b฿11.7b฿3.7b15x23.6x7.6x
Mon, 20 Feb 2023฿105.7b฿11.2b฿5.0b14.6x21.2x9.5x
Wed, 18 Jan 2023฿106.0b฿11.1b฿6.3b15.2x16.8x9.6x
Price to Earnings Ratio

16.8x


Total Market Cap: ฿106.0bTotal Earnings: ฿6.3bTotal Revenue: ฿11.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Retail REITs Industry Price to Earnings3Y Average 15.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Thai Retail REITs 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 14.2x which is lower than its 3-year average PE of 15.9x.
  • The industry is trading close to its 3-year average PS ratio of 7.0x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 4.6% 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 and as a result, profits have held steady.

Industry Comparison

How does Thai Retail REITs compare with similar industries?

TH Market-0.47%
Real Estate0.16%
REITS0.47%
Retail REITs-0.095%
Hotel and Resort REITs1.17%
Diversified REITs0.47%
Office REITs0.44%
Specialized REITs-0.57%
Industrial REITs-0.98%
Residential REITs-5.23%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CPNREIT CPN Retail Growth Leasehold REIT฿11.400.9%
+฿362.1m
-7.3%PB1x
LHSC LH Shopping Centers Leasehold Real Estate Investment Trust฿13.001.6%
+฿155.6m
15.0%PB1x
ALLY Ally Freehold And Leasehold Real Estate Investment Trust฿4.462.3%
+฿87.4m
-15.0%PB0.5x
MJLF Major Cineplex Lifestyle Leasehold Property Fund฿4.942.1%
+฿33.0m
18.8%PB0.4x