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Thai (SET) Telecom Services and Carriers Industry Analysis

UpdatedMay 06, 2026
DataAggregated Company Financials
Companies7
  • 7D0.4%
  • 3M10.2%
  • 1Y8.9%
  • YTD15.3%

In the last week, the Telecom Services and Carriers industry is flat overall, with Jasmine Technology Solution standing out by going down 4.5%. The past year has been better, since the industry has gained 8.3% in that time. As for the next few years, earnings are expected to grow by 29% per annum.

Industry Valuation and Performance

Has the Thai Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 06 May 2026฿534.4b฿214.9b฿8.8b51.6x60.5x2.5x
Fri, 03 Apr 2026฿557.2b฿214.9b฿8.8b53.1x63.1x2.6x
Sun, 01 Mar 2026฿590.6b฿214.4b฿11.7b39.4x50.5x2.8x
Tue, 27 Jan 2026฿448.0b฿219.2b฿558.5m22.3x802x2x
Thu, 25 Dec 2025฿461.8b฿219.2b฿558.5m19.6x826.8x2.1x
Sat, 22 Nov 2025฿440.3b฿219.4b฿558.5m16.9x788.2x2x
Mon, 20 Oct 2025฿421.0b฿222.2b-฿3,789,351,023.0015.3x-111.1x1.9x
Wed, 17 Sep 2025฿445.0b฿222.2b-฿3,789,351,023.0017.4x-117.4x2x
Fri, 15 Aug 2025฿423.4b฿222.3b-฿3,811,979,023.0020.3x-111.1x1.9x
Sun, 13 Jul 2025฿428.5b฿223.8b-฿6,986,301,387.0017.6x-61.3x1.9x
Tue, 10 Jun 2025฿480.9b฿223.8b-฿6,986,301,387.0018.5x-68.8x2.1x
Thu, 08 May 2025฿498.7b฿223.4b-฿9,276,041,204.0027.4x-53.8x2.2x
Sat, 05 Apr 2025฿444.3b฿223.4b-฿9,276,041,204.0024.5x-47.9x2x
Mon, 03 Mar 2025฿458.6b฿224.0b-฿9,276,041,204.0027.5x-49.4x2x
Wed, 29 Jan 2025฿488.4b฿283.2b฿5.6b15.2x87.9x1.7x
Fri, 27 Dec 2024฿464.1b฿283.2b฿5.6b17x83.5x1.6x
Sun, 24 Nov 2024฿488.9b฿283.2b฿5.6b17.8x88x1.7x
Tue, 22 Oct 2024฿502.4b฿282.3b฿4.5b43.9x110.5x1.8x
Thu, 19 Sep 2024฿471.0b฿282.3b฿4.5b37.8x103.6x1.7x
Sat, 17 Aug 2024฿441.3b฿278.0b฿4.7b31.3x93.9x1.6x
Mon, 15 Jul 2024฿407.9b฿280.1b฿3.7b18.1x109.8x1.5x
Wed, 12 Jun 2024฿339.9b฿277.7b฿3.6b12.6x95.2x1.2x
Fri, 10 May 2024฿346.8b฿276.9b฿3.0b16x117.5x1.3x
Sun, 07 Apr 2024฿323.4b฿243.4b฿4.1b14.7x78.1x1.3x
Tue, 05 Mar 2024฿280.5b฿243.4b฿4.1b12x67.8x1.2x
Thu, 01 Feb 2024฿417.7b฿322.2b-฿32,414,041,964.0012.2x-12.9x1.3x
Sat, 30 Dec 2023฿385.4b฿322.2b-฿32,414,041,964.0012.9x-11.9x1.2x
Mon, 27 Nov 2023฿411.6b฿322.2b-฿32,414,041,964.0011.9x-12.7x1.3x
Wed, 25 Oct 2023฿437.2b฿299.9b-฿38,504,965,451.0013.8x-11.4x1.5x
Fri, 22 Sep 2023฿479.3b฿299.9b-฿38,504,965,451.0014.8x-12.4x1.6x
Sun, 20 Aug 2023฿443.8b฿299.9b-฿38,504,965,451.0012.4x-11.5x1.5x
Tue, 18 Jul 2023฿442.4b฿285.6b-฿36,593,677,824.0013.5x-12.1x1.5x
Thu, 15 Jun 2023฿440.6b฿285.6b-฿36,593,677,824.0015.9x-12x1.5x
Sat, 13 May 2023฿469.6b฿303.0b-฿38,889,804,577.0016.3x-12.1x1.5x
Price to Earnings Ratio

-12.1x


Total Market Cap: ฿469.6bTotal Earnings: -฿38,889,804,577.00Total Revenue: ฿303.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Telecom Services and Carriers Industry Price to Earnings3Y Average 88.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Thai Telecom 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 60.2x which is lower than its 3-year average PE of 88.7x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • Total earnings for the Telecom industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 11% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

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

TH Market0.64%
Telecom-1.64%
Telecom Services and Carriers0.37%
Integrated Telecom Services0.37%
Alternative Carriers0.26%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry even though it's trading below its 3-year average PE ratio of 255x.
    • Analysts are expecting annual earnings growth of 29.0%, which is higher than its past year's earnings decline of 56.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings decline of 41% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 29% 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
TRUE True Corporation฿13.800.7%
+฿3.5b
11.3%PE51.6x
SYMC Symphony Communication฿4.162.5%
+฿43.4m
-12.6%PE15x

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