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Thai (SET) Retail REITs Industry Analysis

UpdatedAug 26, 2026
DataAggregated Company Financials
Companies7
  • 7D-1.2%
  • 3M4.5%
  • 1Y16.5%
  • YTDn/a

In the last week, Retail REITs has been flat. As for the the longer term, the industry is up 18% over the past 12 months. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Aug 2026฿103.5b฿16.0b฿9.1b9.2x11.4x6.5x
Fri, 24 Jul 2026฿103.9b฿15.7b฿8.9b9.3x11.6x6.6x
Sun, 21 Jun 2026฿99.7b฿15.7b฿8.9b9.1x11.1x6.4x
Tue, 19 May 2026฿98.6b฿15.7b฿9.1b8.3x10.9x6.3x
Thu, 16 Apr 2026฿96.2b฿15.4b฿9.2b8.1x10.4x6.2x
Sat, 14 Mar 2026฿93.8b฿15.4b฿9.2b8x10.2x6.1x
Mon, 09 Feb 2026฿93.6b฿12.7b฿6.6b7.7x14.2x7.4x
Wed, 07 Jan 2026฿95.1b฿12.7b฿6.6b7.6x14.4x7.5x
Fri, 05 Dec 2025฿90.0b฿12.7b฿6.6b7.3x13.6x7.1x
Sun, 02 Nov 2025฿91.5b฿12.3b฿6.9b9.5x13.3x7.5x
Tue, 30 Sep 2025฿92.5b฿12.3b฿6.9b9.7x13.5x7.5x
Thu, 28 Aug 2025฿87.9b฿12.3b฿6.9b9.3x12.8x7.2x
Sat, 26 Jul 2025฿89.6b฿11.9b฿5.5b9.8x16.2x7.5x
Mon, 23 Jun 2025฿84.4b฿11.9b฿5.5b9.8x15.3x7.1x
Wed, 21 May 2025฿94.8b฿11.9b฿5.5b10.6x17.1x8x
Fri, 18 Apr 2025฿92.3b฿11.1b฿4.7b11.5x19.6x8.3x
Sun, 16 Mar 2025฿92.8b฿11.1b฿4.7b11.6x19.7x8.4x
Tue, 11 Feb 2025฿90.6b฿13.7b฿6.2b11.8x14.6x6.6x
Thu, 09 Jan 2025฿90.3b฿13.7b฿6.2b12.1x14.6x6.6x
Sat, 07 Dec 2024฿95.7b฿13.7b฿6.2b12.7x15.5x7x
Mon, 04 Nov 2024฿95.5b฿13.8b฿6.6b11.4x14.5x6.9x
Wed, 02 Oct 2024฿100.7b฿13.8b฿6.6b12x15.3x7.3x
Fri, 30 Aug 2024฿91.5b฿13.8b฿6.6b11.3x13.9x6.6x
Sun, 28 Jul 2024฿86.6b฿13.7b฿7.6b11x11.4x6.3x
Tue, 25 Jun 2024฿82.3b฿13.7b฿7.6b10.4x10.8x6x
Thu, 23 May 2024฿86.6b฿13.7b฿7.6b11.2x11.4x6.3x
Sat, 20 Apr 2024฿78.7b฿13.5b฿7.4b8.7x10.6x5.8x
Mon, 18 Mar 2024฿81.4b฿13.5b฿7.4b9.4x11x6x
Wed, 14 Feb 2024฿79.5b฿13.2b฿6.8b10.4x11.7x6x
Fri, 12 Jan 2024฿82.6b฿13.1b฿5.5b10.5x14.9x6.3x
Sun, 10 Dec 2023฿78.9b฿13.1b฿5.5b10.1x14.3x6x
Tue, 07 Nov 2023฿74.6b฿12.8b฿4.2b12.5x17.9x5.8x
Thu, 05 Oct 2023฿76.2b฿12.7b฿4.2b12.8x18.3x6x
Sat, 02 Sep 2023฿81.8b฿12.7b฿4.2b13.5x19.7x6.4x
Price to Earnings Ratio

19.7x


Total Market Cap: ฿81.8bTotal Earnings: ฿4.2bTotal Revenue: ฿12.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Retail REITs Industry Price to Earnings3Y Average 13.9x202420252026
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 11.5x which is lower than its 3-year average PE of 13.9x.
  • The industry is trading close to its 3-year average PS ratio of 6.7x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have grown 30% per year over the last three years.
  • Revenues for these companies have grown 7.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Thai Retail REITs compare with similar industries?

TH Market-1.58%
Real Estate-1.39%
REITS-0.93%
Retail REITs-1.18%
Specialized REITs3.05%
Hotel and Resort REITs1.03%
Residential REITs-0.24%
Diversified REITs-0.93%
Office REITs-1.42%
Industrial REITs-2.41%
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
LHSC LH Shopping Centers Leasehold Real Estate Investment Trust฿15.700.6%
+฿77.8m
35.3%PB1.2x
TTLPF Talaad Thai Leasehold Property Fund฿8.151.2%
+฿18.0m
-25.9%PB0.9x
MJLF Major Cineplex Lifestyle Leasehold Property Fund฿6.000.8%
+฿16.5m
37.6%PB0.5x

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