How does KTB's PE Ratio compare to its peers?

KTB is expensive based on its Price-To-Earnings Ratio (7.2x) compared to the peer average (7.2x).

How does KTB's PE Ratio compare vs other companies in the Asian Banks Industry?

KTB is good value based on its Price-To-Earnings Ratio (7.2x) compared to the Asian Banks industry average (8.4x).

What is KTB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KTB is good value based on its Price-To-Earnings Ratio (7.2x) compared to the estimated Fair Price-To-Earnings Ratio (8.6x).

What is the Fair Price of KTB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

KTB (THB20.4) is trading below our estimate of [[fair value]] (THB47.34)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Krung Thai Bank (SET:KTB) - Stock Price, News & Analysis

KTB Stock Overview

Provides various commercial banking products and services. More details

KTB fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	3/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 56.9% below our estimate of its fair value

Earnings are forecast to grow 6.04% per year

Earnings grew by 2.3% over the past year

Risk Analysis

Unstable dividend track record

Krung Thai Bank Public Company Limited Competitors

Bangkok Bank

SET:BBL

฿284.4b

Kasikornbank

SET:KBANK

฿351.8b

SCB X

SET:SCB

฿383.9b

Bank of Ayudhya

SET:BAY

฿185.7b

Price History & Performance

Summary of all time highs, changes and price drops for Krung Thai Bank
Historical stock prices
Current Share Price	฿20.40
52 Week High	฿22.00
52 Week Low	฿15.40
Beta	0.43
11 Month Change	-1.45%
3 Month Change	8.51%
1 Year Change	12.09%
33 Year Change	72.88%
5 Year Change	24.39%
Change since IPO	50.00%

Recent updates

Shareholder Returns

	KTB	TH Banks	TH Market
7D	0%	0.2%	0.8%
1Y	12.1%	6.1%	3.1%

Return vs Industry: KTB exceeded the TH Banks industry which returned 6.1% over the past year.

Return vs Market: KTB exceeded the TH Market which returned 3.1% over the past year.

Price Volatility

Is KTB's price volatile compared to industry and market?
KTB volatility
KTB Average Weekly Movement	2.7%
Banks Industry Average Movement	3.1%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.4%

Stable Share Price: KTB has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: KTB's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1966	n/a	Payong Srivanich	www.krungthai.com

Krung Thai Bank Public Company Limited provides various commercial banking products and services. The company operates through three segments: Retail Banking, Corporate Banking, and Treasury and Investment. It offers various personal banking products and services, including current, savings, and fixed deposit accounts; time and foreign currency deposits; personal and housing loans; debit, travel, cash and top up, and credit cards; investment services; life, health, motor, accident, and non-life insurance products; money transfer, payment and top up, foreign exchange, and overseas education services; and e-banking services.

Krung Thai Bank Public Company Limited Fundamentals Summary

How do Krung Thai Bank's earnings and revenue compare to its market cap?
KTB fundamental statistics
Market cap	฿285.11b
Earnings (TTM)	฿39.49b
Revenue (TTM)	฿122.88b

7.2x

P/E Ratio

0.7x

P/B Ratio

Is KTB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KTB income statement (TTM)
Revenue	฿122.88b
Cost of Revenue	฿0
Gross Profit	฿122.88b
Other Expenses	฿83.40b
Earnings	฿39.49b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.83
Gross Margin	100.00%
Net Profit Margin	32.13%
Debt/Equity Ratio	46.8%

How did KTB perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

31%

Payout Ratio

KTB Stock Overview

Rewards

Risk Analysis

Krung Thai Bank Public Company Limited Competitors

SET:BBL

฿284.4b

SET:KBANK

฿351.8b

SET:SCB

฿383.9b

SET:BAY

฿185.7b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Second quarter 2024 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2024 earnings: Revenues and EPS in line with analyst expectations

Krung Thai Bank Public Company Limited to Report Q2, 2024 Results on Jul 23, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ฿0.87 per share

Recent updates

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Second quarter 2024 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2024 earnings: Revenues and EPS in line with analyst expectations

Krung Thai Bank Public Company Limited to Report Q2, 2024 Results on Jul 23, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ฿0.87 per share

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Krung Thai Bank PCL Proposes Dividend for the Year 2023, Payable on May 3, 2024

Dividend increased to ฿0.87

High number of new directors

Price target decreased by 7.2% to ฿20.77

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Krung Thai Bank PCL Announces Board Changes

High number of new directors

Krung Thai Bank Public Company Limited to Report Q3, 2023 Results on Nov 14, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

High number of new directors

Now 21% undervalued

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ฿0.68 per share at 4.0% yield

Less than half of directors are independent

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 20% undervalued

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Krung Thai Bank Public Company Limited Announces Resignation of Kulaya Tantitemit, Director, Member of the Risk Oversight Committee and Member of the Corporate Governance and Social Responsibility Committee, Effective from 1 January 2023

Now 20% undervalued

Now 21% undervalued

Krung Thai Bank Public Company Limited Announces Dividend

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Krung Thai Bank Public Company Limited Provides Update on Lawsuit

Krung Thai Bank PCL Ordinary Shares to Be Deleted from OTC Equity

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

AQ Estate Public Company Limited Announces Progress Report of the Civil Case against Krungthai Bank Plc

High number of new directors

High number of new directors

Upcoming dividend of ฿0.42 per share

AQ Estate Public Company Limited Announces Progress Report of the Civil Case against Krungthai Bank Plc

Full year 2021 earnings: EPS exceeds analyst expectations

Krung Thai Bank Public Company Limited, Annual General Meeting, Apr 08, 2022

Krung Thai Bank Public Company Limited Proposes Dividend on Ordinary Shares for the Year 2021, Payable on 6 May 2022

High number of new directors

High number of new directors

Third quarter 2021 earnings released: EPS ฿0.36 (vs ฿0.22 in 3Q 2020)

Executive Director Patricia Mongkhonvanit has left the company

Executive Director Patricia Mongkhonvanit has left the company

Executive Director Patricia Mongkhonvanit has left the company

AQ Estate Public Company Limited Reports on the progress concerning the dispute with Krung Thai Bank Public Company Limited

Second quarter 2021 earnings released: EPS ฿0.43 (vs ฿0.27 in 2Q 2020)

Second quarter 2021 earnings released: EPS ฿0.43 (vs ฿0.23 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.40 (vs ฿0.46 in 1Q 2020)

First quarter 2021 earnings released: EPS ฿0.40 (vs ฿0.46 in 1Q 2020)

Upcoming dividend of ฿0.28 per share

Krung Thai Bank Public Company Limited Announces Executive Changes