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Thai (SET) Telecom Sector Analysis

UpdatedAug 19, 2026
DataAggregated Company Financials
Companies43
  • 7D0.1%
  • 3M-0.9%
  • 1Y21.0%
  • YTD14.6%

Last week, the Telecom industry hasn't moved much but Plan B Media is up 16% in that time. The past year has been better, since the industry has gained 21% in that time. Earnings are forecast to grow by 8.9% annually.

Sector Valuation and Performance

Has the Thai Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Aug 2026฿1.7t฿499.5b฿69.7b20.2x24.8x3.5x
Fri, 17 Jul 2026฿1.8t฿502.3b฿62.7b19.7x27.9x3.5x
Sun, 14 Jun 2026฿1.7t฿503.3b฿62.7b17.6x27.5x3.4x
Tue, 12 May 2026฿1.7t฿503.2b฿64.9b17.4x26x3.3x
Thu, 09 Apr 2026฿1.7t฿506.1b฿56.6b15.5x30.8x3.4x
Sat, 07 Mar 2026฿1.7t฿505.6b฿56.6b16.3x30x3.4x
Mon, 02 Feb 2026฿1.6t฿508.5b฿42.6b15.6x37.5x3.1x
Wed, 31 Dec 2025฿1.5t฿508.5b฿42.6b16.2x34.7x2.9x
Fri, 28 Nov 2025฿1.4t฿508.5b฿42.6b16.2x33.6x2.8x
Sun, 26 Oct 2025฿1.5t฿509.1b฿34.9b17.6x42.2x2.9x
Tue, 23 Sep 2025฿1.4t฿509.1b฿34.9b18.8x40.7x2.8x
Thu, 21 Aug 2025฿1.5t฿509.3b฿34.9b18.9x41.7x2.9x
Sat, 19 Jul 2025฿1.5t฿507.1b฿29.9b20.1x48.6x2.9x
Mon, 16 Jun 2025฿1.5t฿507.9b฿29.7b19.5x48.9x2.9x
Wed, 14 May 2025฿1.5t฿508.3b฿29.5b22.4x51.4x3x
Fri, 11 Apr 2025฿1.4t฿505.6b฿25.1b21.6x56.9x2.8x
Sun, 09 Mar 2025฿1.7t฿505.4b฿38.5b22.8x43.6x3.3x
Tue, 04 Feb 2025฿1.8t฿561.1b฿51.4b20.5x34.8x3.2x
Thu, 02 Jan 2025฿1.8t฿561.1b฿51.4b22.6x35.2x3.2x
Sat, 30 Nov 2024฿1.8t฿563.6b฿49.4b23.5x36.4x3.2x
Mon, 28 Oct 2024฿1.8t฿557.4b฿49.9b19.6x36.8x3.3x
Wed, 25 Sep 2024฿1.7t฿556.3b฿49.1b20.7x35.5x3.1x
Fri, 23 Aug 2024฿1.6t฿556.0b฿49.1b20x32.6x2.9x
Sun, 21 Jul 2024฿1.5t฿546.6b฿46.9b19.9x31.7x2.7x
Tue, 18 Jun 2024฿1.3t฿544.0b฿46.7b20x28.6x2.5x
Thu, 16 May 2024฿1.3t฿543.4b฿47.0b21.1x28.4x2.5x
Sat, 13 Apr 2024฿1.3t฿502.1b฿45.3b23.1x29.1x2.6x
Mon, 11 Mar 2024฿1.3t฿502.0b฿47.9b21.7x27.5x2.6x
Wed, 07 Feb 2024฿1.3t฿440.9b฿31.8b23x41.4x3x
Fri, 05 Jan 2024฿1.6t฿641.8b฿16.6b23.2x94.5x2.4x
Sun, 03 Dec 2023฿1.6t฿641.9b฿16.6b20.7x94.7x2.5x
Tue, 31 Oct 2023฿1.6t฿619.1b฿7.0b26.7x229.7x2.6x
Thu, 28 Sep 2023฿1.7t฿618.7b฿7.0b32.2x241.7x2.7x
Sat, 26 Aug 2023฿1.7t฿618.8b฿7.0b32.5x239x2.7x
Price to Earnings Ratio

239x


Total Market Cap: ฿1.7tTotal Earnings: ฿7.0bTotal Revenue: ฿618.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Telecom Sector Price to Earnings3Y Average 55.2x202420252026
Current Industry PE
  • Investors are pessimistic on the Thai Communication Services 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 24.8x which is lower than its 3-year average PE of 55.2x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 115% per year over the last three years.
  • Meanwhile revenues for these companies have declined 6.9% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Thai Telecom sector?

TH Market0.59%
Telecom0.14%
Media10.61%
Entertainment0.062%
Telecom Services and Carriers0.019%
Interactive Media and Services0%0
Wireless Telecom-0.53%
Industry PE
  • Investors are most optimistic about the Telecom Services and Carriers industry even though it's trading below its 3-year average PE ratio of 93.6x.
    • Analysts are expecting annual earnings growth of 15.8%, which is higher than its past year's earnings decline of 50.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Media industry, expecting annual earnings growth of 42% over the next 5 years.
  • This is better than its past earnings growth rate of 8.6% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 4.2% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
PLANB Plan B Media฿6.6515.7%
+฿4.1b
40.3%PE27.3x
VGI VGI฿1.1417.5%
+฿3.6b
-45.7%PS5.1x
THCOM Thaicom฿11.002.8%
+฿328.8m
15.8%PE19.2x
SYMC Symphony Communication฿6.3013.5%
+฿325.2m
52.9%PE24.2x
ROCTEC Roctec Global฿0.693.0%
+฿162.4m
15.0%PE12x

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