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Thai (SET) Telecom Services and Carriers Industry Analysis

UpdatedNov 08, 2025
DataAggregated Company Financials
Companies7
  • 7D3.5%
  • 3M5.9%
  • 1Y-11.1%
  • YTD-4.7%

Over the last 7 days, the Telecom Services and Carriers industry has risen 3.5%, driven by gains from True Corporation of 4.4%. In contrast, the industry has lost 13% in the last 12 months. Looking forward, earnings are forecast to grow by 75% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 08 Nov 2025฿451.7b฿218.5b-฿845,265,023.0020x-534.4x2.1x
Mon, 06 Oct 2025฿435.4b฿222.2b-฿3,789,351,023.0015.9x-114.9x2x
Wed, 03 Sep 2025฿456.6b฿222.2b-฿3,789,351,023.0018x-120.5x2.1x
Fri, 01 Aug 2025฿411.5b฿223.8b-฿6,986,301,387.0019.7x-58.9x1.8x
Sun, 29 Jun 2025฿425.3b฿223.8b-฿6,986,301,387.0016.7x-60.9x1.9x
Tue, 27 May 2025฿502.7b฿223.8b-฿6,986,301,387.0022.4x-72x2.2x
Thu, 24 Apr 2025฿471.1b฿223.4b-฿9,276,041,204.0025.5x-50.8x2.1x
Sat, 22 Mar 2025฿438.2b฿223.4b-฿9,276,041,204.0029.2x-47.2x2x
Mon, 17 Feb 2025฿511.8b฿283.1b฿6.1b13.3x84.6x1.8x
Wed, 15 Jan 2025฿488.1b฿283.2b฿5.6b15.8x87.9x1.7x
Fri, 13 Dec 2024฿503.2b฿283.2b฿5.6b17.5x90.6x1.8x
Sun, 10 Nov 2024฿508.3b฿283.2b฿5.3b50.5x95.3x1.8x
Tue, 08 Oct 2024฿480.4b฿282.3b฿4.5b37.9x105.6x1.7x
Thu, 05 Sep 2024฿449.5b฿282.3b฿4.5b34.1x98.8x1.6x
Sat, 03 Aug 2024฿412.2b฿280.1b฿3.7b18.9x111x1.5x
Mon, 01 Jul 2024฿349.2b฿277.7b฿3.6b13.1x97.8x1.3x
Wed, 29 May 2024฿344.9b฿277.6b฿3.6b14.4x97x1.2x
Fri, 26 Apr 2024฿318.6b฿243.4b฿4.1b14.4x77x1.3x
Sun, 24 Mar 2024฿316.6b฿243.4b฿4.1b13.5x76.5x1.3x
Tue, 20 Feb 2024฿270.4b฿187.0b-฿13,996,454,074.0012.5x-19.3x1.4x
Thu, 18 Jan 2024฿391.8b฿322.2b-฿32,414,041,964.0013.2x-12.1x1.2x
Sat, 16 Dec 2023฿385.5b฿322.2b-฿32,414,041,964.0011.8x-11.9x1.2x
Mon, 13 Nov 2023฿410.3b฿322.2b-฿32,419,620,964.0014.7x-12.7x1.3x
Wed, 11 Oct 2023฿448.7b฿299.9b-฿38,504,965,451.0014.1x-11.7x1.5x
Fri, 08 Sep 2023฿449.5b฿299.9b-฿38,504,965,451.0015.8x-11.7x1.5x
Sun, 06 Aug 2023฿441.6b฿300.6b-฿38,152,083,824.0013.3x-11.6x1.5x
Tue, 04 Jul 2023฿426.7b฿285.6b-฿36,593,677,824.0013.3x-11.7x1.5x
Thu, 01 Jun 2023฿443.5b฿285.6b-฿36,593,677,824.0015.6x-12.1x1.6x
Sat, 29 Apr 2023฿483.2b฿303.4b-฿37,882,461,577.0016.2x-12.8x1.6x
Mon, 27 Mar 2023฿508.9b฿303.4b-฿37,882,461,577.0016.1x-13.4x1.7x
Wed, 22 Feb 2023฿220.1b฿175.9b-฿4,983,075,004.0031.8x-44.2x1.3x
Fri, 20 Jan 2023฿211.0b฿175.9b-฿4,983,075,004.0030.4x-42.3x1.2x
Sun, 18 Dec 2022฿203.1b฿175.9b-฿4,983,075,004.0026.4x-40.8x1.2x
Tue, 15 Nov 2022฿209.1b฿176.3b-฿2,817,963,004.0024.3x-74.2x1.2x
Price to Earnings Ratio

-74.2x


Total Market Cap: ฿209.1bTotal Earnings: -฿2,817,963,004.00Total Revenue: ฿176.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Telecom Services and Carriers Industry Price to Earnings3Y Average 5x202320242025
Current Industry PE
  • Investors are optimistic on the Thai Telecom industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have improved over the last three years.
  • Revenues for these companies have grown 7.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

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

TH Market-0.49%
Telecom3.41%
Telecom Services and Carriers3.47%
Integrated Telecom Services3.69%
Alternative Carriers-3.15%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings decline of 12.3%, which is less than its past year's earnings decline of 31.1%.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 78% over the next 5 years.
  • However this is lower than its past earnings growth rate of 131% per year.
  • In contrast, the Alternative Carriers industry is expected to see its earnings decline by 12% 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฿11.804.4%
+฿17.3b
-1.7%PS2x

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