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Thai (SET) Media Industry Analysis

UpdatedMar 22, 2026
DataAggregated Company Financials
Companies22
  • 7D-4.4%
  • 3M-2.2%
  • 1Y-51.5%
  • YTD0.3%

Over the last 7 days, the Media industry has dropped 4.4%, driven by pullbacks in Plan B Media and VGI of 7.7% and 6.6%, respectively. In contrast, Nation Group (Thailand) has gained 25%. Overall the industry is down 51% in 12 months. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Mar 2026฿64.8b฿36.0b฿181.2m14.7x357.6x1.8x
Tue, 17 Feb 2026฿79.7b฿38.2b-฿903,498,064.0018.8x-88.2x2.1x
Thu, 15 Jan 2026฿61.1b฿37.6b-฿704,546,154.0016.6x-86.7x1.6x
Sat, 13 Dec 2025฿73.9b฿37.6b-฿704,546,154.0017.7x-104.8x2x
Mon, 10 Nov 2025฿73.8b฿37.6b-฿914,914,193.0019x-80.7x2x
Wed, 08 Oct 2025฿86.5b฿37.7b-฿783,394,660.0021x-110.5x2.3x
Fri, 05 Sep 2025฿104.0b฿37.8b-฿782,108,268.0022.1x-133x2.8x
Sun, 03 Aug 2025฿104.9b฿38.0b-฿405,743,198.0022.2x-258.5x2.8x
Tue, 01 Jul 2025฿101.2b฿38.0b-฿360,697,198.0020x-280.5x2.7x
Thu, 29 May 2025฿111.7b฿38.5b-฿563,032,772.0021.3x-198.4x2.9x
Sat, 26 Apr 2025฿112.9b฿39.6b-฿1,233,346,392.0021.3x-91.6x2.8x
Mon, 24 Mar 2025฿133.0b฿39.4b-฿1,268,761,394.0022.4x-104.8x3.4x
Wed, 19 Feb 2025฿138.2b฿40.3b฿970.5m19.4x142.3x3.4x
Fri, 17 Jan 2025฿115.5b฿39.8b-฿2,736,884,669.0017.2x-42.2x2.9x
Sun, 15 Dec 2024฿118.3b฿39.8b-฿2,736,884,669.0021.8x-43.2x3x
Tue, 12 Nov 2024฿111.7b฿41.4b-฿4,468,574,701.0018x-25x2.7x
Thu, 10 Oct 2024฿122.5b฿41.4b-฿4,468,449,445.0020.7x-27.4x3x
Sat, 07 Sep 2024฿118.5b฿41.1b-฿4,489,462,599.0021x-26.4x2.9x
Mon, 05 Aug 2024฿101.1b฿40.1b-฿4,606,543,266.0019.3x-22x2.5x
Wed, 03 Jul 2024฿94.4b฿40.1b-฿4,606,543,266.0020.5x-20.5x2.4x
Fri, 31 May 2024฿101.9b฿40.5b-฿4,322,405,200.0024.4x-23.6x2.5x
Sun, 28 Apr 2024฿105.1b฿38.6b-฿4,246,190,552.0026.3x-24.8x2.7x
Tue, 26 Mar 2024฿105.9b฿39.0b-฿1,554,395,691.0026.2x-68.1x2.7x
Thu, 22 Feb 2024฿104.9b฿38.3b-฿987,664,680.0031.3x-106.2x2.7x
Sat, 20 Jan 2024฿107.5b฿38.1b฿1.8b29.5x60.5x2.8x
Mon, 18 Dec 2023฿108.4b฿38.1b฿1.8b29.4x61x2.8x
Wed, 15 Nov 2023฿106.7b฿38.9b฿1.9b28.6x54.9x2.7x
Fri, 13 Oct 2023฿113.1b฿37.5b฿2.0b34x56.6x3x
Sun, 10 Sep 2023฿132.4b฿37.5b฿2.0b35.9x66.1x3.5x
Tue, 08 Aug 2023฿125.9b฿36.8b฿3.7b29.9x34.1x3.4x
Thu, 06 Jul 2023฿126.6b฿36.8b฿3.7b30.4x34x3.4x
Sat, 03 Jun 2023฿134.0b฿37.7b฿3.7b32.2x36.2x3.6x
Mon, 01 May 2023฿134.2b฿35.7b฿3.6b34.5x37x3.8x
Wed, 29 Mar 2023฿148.4b฿35.7b฿3.6b34.6x40.9x4.2x
Price to Earnings Ratio

40.9x


Total Market Cap: ฿148.4bTotal Earnings: ฿3.6bTotal Revenue: ฿35.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Media Industry Price to Earnings3Y Average -33.2x202420252026
Current Industry PE
  • Investors are optimistic on the Thai Media industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 358x which is higher than its 3-year average PE of -33.2x.
  • The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Media industry have declined 63% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

TH Market1.67%
Telecom4.37%
Media-4.42%
Cable and Satellite0%0
Publishing-0.70%
Broadcasting-1.73%
Advertising-5.56%
Industry PE
  • Investors are most optimistic about the Advertising industry which is trading above its 3-year average PE ratio of 40.1x.
    • Analysts are expecting annual earnings growth of 12.7%, which is higher than its past year's earnings growth of 5.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings growth rate of 5.2% per year.
  • In contrast, the Broadcasting industry is expected to see its earnings decline by 3.3% 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
NATION Nation Group (Thailand)฿0.0525.0%
+฿176.9m
66.7%PS1x
TURTLE Super Turtle฿3.200.6%
+฿31.8m
-50.0%PS5.8x
LTMH LTMH฿4.802.6%
+฿24.0m
n/aPE30.1x
PRAKIT Prakit Holdings฿11.801.7%
+฿12.1m
4.4%PS1.6x
GPI Grand Prix International฿1.671.2%
+฿12.0m
3.7%PE12.3x

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