Thai (SET) Diversified Banks Industry Analysis
UpdatedMay 20, 2024
DataAggregated Company Financials
Companies13
- 7D-0.2%
- 3M2.1%
- 1Y-3.2%
- YTDn/a
In the last week, Diversified Banks has been flat. As for the longer term, the industry has declined 3.2% in the last year. Looking forward, earnings are forecast to grow by 4.4% annually.
Industry Valuation and Performance
Has the Thai Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 May 2024 | ฿1.8t | ฿759.8b | ฿245.1b | 8.5x | 7.4x | 2.4x |
| Wed, 17 Apr 2024 | ฿1.9t | ฿744.9b | ฿242.2b | 8.6x | 7.7x | 2.5x |
| Fri, 15 Mar 2024 | ฿1.8t | ฿735.5b | ฿238.6b | 8.2x | 7.5x | 2.4x |
| Sun, 11 Feb 2024 | ฿1.7t | ฿736.1b | ฿238.3b | 8x | 7.2x | 2.3x |
| Tue, 09 Jan 2024 | ฿1.8t | ฿716.6b | ฿228.6b | 8.6x | 7.9x | 2.5x |
| Thu, 07 Dec 2023 | ฿1.8t | ฿716.6b | ฿228.6b | 8.3x | 7.7x | 2.4x |
| Sat, 04 Nov 2023 | ฿1.8t | ฿716.3b | ฿228.1b | 8.7x | 8x | 2.5x |
| Mon, 02 Oct 2023 | ฿1.8t | ฿698.0b | ฿222.4b | 8.7x | 8.3x | 2.6x |
| Wed, 30 Aug 2023 | ฿2.0t | ฿698.0b | ฿222.4b | 9.2x | 8.8x | 2.8x |
| Fri, 28 Jul 2023 | ฿1.9t | ฿698.2b | ฿222.4b | 9.1x | 8.6x | 2.7x |
| Sun, 25 Jun 2023 | ฿1.9t | ฿674.2b | ฿213.4b | 9.4x | 8.7x | 2.8x |
| Tue, 23 May 2023 | ฿1.8t | ฿674.2b | ฿213.4b | 9x | 8.5x | 2.7x |
| Thu, 20 Apr 2023 | ฿1.8t | ฿653.7b | ฿205.8b | 9x | 8.6x | 2.7x |
| Sat, 18 Mar 2023 | ฿1.8t | ฿653.7b | ฿205.8b | 9.1x | 8.5x | 2.7x |
| Mon, 13 Feb 2023 | ฿1.8t | ฿645.5b | ฿205.1b | 8.9x | 9x | 2.8x |
| Wed, 11 Jan 2023 | ฿1.9t | ฿645.4b | ฿207.9b | 8.7x | 9.3x | 3x |
| Fri, 09 Dec 2022 | ฿1.8t | ฿651.3b | ฿215.2b | 8.1x | 8.4x | 2.8x |
| Sun, 06 Nov 2022 | ฿1.8t | ฿643.1b | ฿207.2b | 8.3x | 8.8x | 2.9x |
| Tue, 04 Oct 2022 | ฿1.7t | ฿622.4b | ฿196.7b | 8.5x | 8.8x | 2.8x |
| Thu, 01 Sep 2022 | ฿1.8t | ฿622.4b | ฿196.7b | 9x | 9.3x | 2.9x |
| Sat, 30 Jul 2022 | ฿1.7t | ฿621.7b | ฿196.1b | 8.5x | 8.8x | 2.8x |
| Mon, 27 Jun 2022 | ฿1.7t | ฿619.4b | ฿194.9b | 9.1x | 8.9x | 2.8x |
| Wed, 25 May 2022 | ฿1.8t | ฿619.4b | ฿194.9b | 9x | 9x | 2.8x |
| Fri, 22 Apr 2022 | ฿1.7t | ฿613.8b | ฿189.2b | 9.7x | 9.1x | 2.8x |
| Sun, 20 Mar 2022 | ฿1.9t | ฿612.6b | ฿188.2b | 10.1x | 10x | 3.1x |
| Tue, 15 Feb 2022 | ฿2.0t | ฿611.4b | ฿187.1b | 10.5x | 10.6x | 3.2x |
| Thu, 13 Jan 2022 | ฿1.9t | ฿596.0b | ฿176.2b | 10.7x | 10.5x | 3.1x |
| Sat, 11 Dec 2021 | ฿1.8t | ฿596.0b | ฿176.2b | 10.1x | 10x | 3x |
| Mon, 08 Nov 2021 | ฿1.8t | ฿595.3b | ฿175.5b | 10.8x | 10.2x | 3x |
| Wed, 06 Oct 2021 | ฿1.7t | ฿581.0b | ฿162.6b | 11.1x | 10.4x | 2.9x |
| Fri, 03 Sep 2021 | ฿1.6t | ฿581.0b | ฿162.6b | 11x | 9.7x | 2.7x |
| Sun, 01 Aug 2021 | ฿1.4t | ฿581.0b | ฿162.6b | 9.9x | 8.6x | 2.4x |
Price to Earnings Ratio
11x
Current Industry PE
- Investors are pessimistic on the Thai Diversified Banks 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 7.4x which is lower than its 3-year average PE of 8.9x.
- The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Thai Diversified Banks compare with similar industries?
| TH Market | 0.78% | |
| Financials | -0.34% | |
| Banks | -0.25% | |
| Diversified Banks | -0.25% | |
| Regional Banks | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KTB Krung Thai Bank | ฿17.00 | 1.2% +฿2.8b | -9.1% | PB0.6x | |
| KBANK Kasikornbank | ฿134.00 | 0.4% +฿1.2b | 1.1% | PB0.6x | |
| TISCO TISCO Financial Group | ฿98.25 | 1.0% +฿800.7m | 2.9% | PB1.8x | |
| TCAP Thanachart Capital | ฿49.25 | 0.5% +฿262.2m | -0.5% | PB0.7x |