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Thai Credit Bank PCL
SET:CREDIT

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Thai Credit Bank PCL
SET:CREDIT
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Price: 18.8 THB 1.08%
Market Cap: ฿23.2B

P/E

5.8
Current
4%
Cheaper
vs 3-y average of 6

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
5.8
=
Market Cap
฿20.5B
/
Net Income
฿4B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
5.8
=
Market Cap
฿20.5B
/
Net Income
฿4B

Valuation Scenarios

Thai Credit Bank PCL is trading below its 3-year average

If P/E returns to its 3-Year Average (6), the stock would be worth ฿19.61 (4% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+103%
Average Upside
40%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 5.8 ฿18.8
0%
3-Year Average 6 ฿19.61
+4%
5-Year Average 6 ฿19.61
+4%
Industry Average 8.6 ฿27.97
+49%
Country Average 11.7 ฿38.2
+103%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
฿20.5B
/
Jan 2026
฿4B
=
5.8
Current
฿20.5B
/
Dec 2026
฿5.8B
=
3.6
Forward
฿20.5B
/
Dec 2027
฿6.3B
=
3.2
Forward
฿20.5B
/
Dec 2028
฿7.1B
=
2.9
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Lower than 91% of companies in Thailand
Percentile
9th
Based on 429 companies
9th percentile
5.8
Low
0.2 — 9.1
Typical Range
9.1 — 15.3
High
15.3 —
Distribution Statistics
Thailand
Min 0.2
30th Percentile 9.1
Median 11.7
70th Percentile 15.3
Max 278.7

Other Multiples

Thai Credit Bank PCL
Glance View

Market Cap
23.2B THB
Industry
Banking

Thai Credit Bank PCL is a TH-based company operating in Banks industry. The company is headquartered in Bangkok, Bangkok Metropolis. The company went IPO on 2024-02-09. Thai Credit Retail Bank Public Company Limited is a Thailand-based company that is engaged in providing full-service financial services. The Company’s segments include the e-Wallet business, which is operated by its subsidiary, and banking business, which comprises of business loans, including small and medium-sized enterprises (SMEs) and Micro finance, retail loans secured by residential property, such as housing loans and home for cash, and other segments, including personal loans, gold loans, and treasury activities, which all are operated in Thailand. Its deposit products include unlimited deposits and withdrawals, term deposits and regular fixed deposits. The company also provides other services, which include card services, Thai credit PromptPay service, money transfer service, and other bank services. Its foreign trade includes trade credit, international remittance services for import and export and exchange rate for foreign exchange loan transactions.

CREDIT Intrinsic Value
82.8 THB
Undervaluation 77%
Intrinsic Value
Price ฿18.8
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