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Thai (SET) Application Software Industry Analysis

UpdatedAug 03, 2025
DataAggregated Company Financials
Companies3
  • 7D3.3%
  • 3M8.4%
  • 1Y26.8%
  • YTDn/a

In the last week, the Application Software industry is up 2.6%, with Netbay up 5.9%. In the last 12 months, the industry was up 25%. Looking forward, earnings are forecast to grow by 5.3% annually.

Industry Valuation and Performance

Has the Thai Application Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Aug 2025฿5.5b฿1.4b฿294.2m19.1x18.7x4x
Wed, 02 Jul 2025฿6.5b฿1.7b฿40.4m16.2x160.7x3.9x
Fri, 30 May 2025฿6.2b฿1.7b฿40.4m15x154.3x3.8x
Sun, 27 Apr 2025฿6.8b฿1.5b฿24.9m18.9x274.6x4.5x
Tue, 25 Mar 2025฿6.8b฿1.5b฿24.9m18.3x273.9x4.5x
Thu, 20 Feb 2025฿5.9b฿1.4b-฿87,004,805.0016x-68.2x4.1x
Sat, 18 Jan 2025฿5.8b฿1.4b-฿87,004,805.0016.2x-67.1x4x
Mon, 16 Dec 2024฿6.9b฿1.4b-฿87,004,805.0020.3x-78.8x4.7x
Wed, 13 Nov 2024฿6.4b฿1.4b-฿132,921,221.0019.2x-48.3x4.7x
Fri, 11 Oct 2024฿8.8b฿1.4b-฿132,921,221.0020.8x-65.9x6.4x
Sun, 08 Sep 2024฿6.7b฿1.4b-฿132,921,221.0018.5x-50.7x4.9x
Tue, 06 Aug 2024฿5.8b฿1.3b-฿251,285,579.0015.1x-23.2x4.4x
Thu, 04 Jul 2024฿8.5b฿1.3b-฿251,285,579.0018.2x-34x6.5x
Sat, 01 Jun 2024฿7.9b฿1.4b-฿230,694,969.0022x-34.2x5.8x
Mon, 29 Apr 2024฿8.8b฿1.3b-฿282,556,969.0031.4x-31x6.5x
Wed, 27 Mar 2024฿9.2b฿1.3b-฿282,556,969.0035.5x-32.5x6.8x
Fri, 23 Feb 2024฿7.0b฿1.3b฿245.9m27.5x28.5x5.5x
Sun, 21 Jan 2024฿7.5b฿1.3b฿245.9m29.2x30.4x5.9x
Tue, 19 Dec 2023฿6.0b฿1.3b฿245.9m24.7x24.4x4.7x
Thu, 16 Nov 2023฿5.9b฿1.2b฿222.1m24.4x26.7x4.8x
Sat, 14 Oct 2023฿6.8b฿1.2b฿216.1m28.1x31.5x5.7x
Mon, 11 Sep 2023฿7.4b฿1.2b฿216.1m31.9x34.3x6.2x
Wed, 09 Aug 2023฿7.4b฿1.1b฿225.8m32.8x32.7x6.7x
Fri, 07 Jul 2023฿7.9b฿1.1b฿225.8m37.2x35.2x7.2x
Sun, 04 Jun 2023฿9.2b฿1.1b฿225.8m45.7x40.6x8.3x
Tue, 02 May 2023฿18.8b฿2.0b฿413.8m51.4x45.5x9.3x
Thu, 30 Mar 2023฿22.4b฿2.0b฿413.8m58.5x54.1x11x
Sat, 25 Feb 2023฿22.5b฿2.0b฿237.8m70.3x94.4x11.2x
Mon, 23 Jan 2023฿20.0b฿1.6b฿201.1m52.8x99.3x12.6x
Wed, 21 Dec 2022฿18.2b฿1.6b฿201.1m48x90.8x11.5x
Fri, 18 Nov 2022฿19.2b฿1.6b฿249.4m67.4x76.8x12.2x
Sun, 16 Oct 2022฿18.8b฿1.4b฿254.7m61.1x73.6x12.9x
Tue, 13 Sep 2022฿21.2b฿1.4b฿254.7m71.9x83.3x14.6x
Thu, 11 Aug 2022฿19.8b฿1.4b฿247.8m47.9x79.8x14.3x
Price to Earnings Ratio

79.8x


Total Market Cap: ฿19.8bTotal Earnings: ฿247.8mTotal Revenue: ฿1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Application Software Industry Price to Earnings3Y Average 39.3x202320242025
Current Industry PE
    There are only 3 companies in the Thai Application Software 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 Application Software industry have grown 5.9% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does Thai Application Software compare with similar industries?

TH Market0.096%
Tech0.027%
Software3.27%
Application Software3.29%
Systems Software2.97%
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
NETBAY Netbay฿22.905.0%
+฿220.0m
74.8%PE19.1x

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