CheapRatio

58 profitable Stock Exchange of Thailand companies at 10x earnings or less

58companies

Earning money, and priced at ten times or less the earnings it filed for its last full year.

Stocks · Non-US shares · Stock Exchange of Thailand (SET) · Ranked by Price to earnings in times, lowest first · Rebuilt 2026-11-07 at 09:25 UTC

How this list is built

Price to earnings is the stored price over the earnings per share of the last full-year statement the company filed. A positive figure under one is refused as impossible, and a net margin above one hundred percent is read as a one-off gain rather than trading. The screen: companies listed on Stock Exchange of Thailand, graded A or B for the quality of what they report; a median daily traded value of at least 250,000 US dollars over 90 sessions, stated in each listing's own currency, so a company nobody can trade is never on the list; and no positive price to earnings under 1, which no real company earns, and no close sitting the whole of its own 52-week high below that high, which no listing that still trades can do. 236 companies passed tonight. Each market is ranked on its own and never added to another. Figures as recomputed on 2026-11-07.

The list

50 of 58 companies

Priced as if nothing good will happen, ranked by Price to earnings, lowest first
#	Company	Market	Sector	Price to earnings, in times	Price to book, in times	Free cash flow yield, in percent	Net margin, in percent	Price to earnings over time	Source
1	SET:AAV-RAsia Aviation Public Company Limited	SET	Industrials	4.3x	0.7x	83.4%	5.1%	n/a	Source n/a
2	SET:AAVAsia Aviation Public Company Limited	SET	Industrials	4.3x	0.7x	83.4%	5.1%	n/a	Source n/a
3	SET:RCLRegional Container Lines Public Company Limited	SET	Industrials	4.3x	0.7x	5.2%	22.1%	n/a	Source n/a
4	SET:NERNorth East Rubber Public Company Limited	SET	Basic Materials	4.5x	0.9x	12.0%	6.2%	n/a	Source n/a
5	SET:THAIThai Airways International Public Company Limited	SET	Industrials	4.7x	1.9x	21.2%	16.9%	n/a	Source n/a
6	SET:GFPTGFPT Public Company Limited	SET	Consumer Defensive	4.9x	0.6x	18.1%	12.9%	n/a	Source n/a
7	SET:GFPT-RGFPT Public Company Limited	SET	Consumer Defensive	4.9x	0.6x	18.1%	12.9%	n/a	Source n/a
8	SET:SC-RSC Asset Corporation Public Company Limited	SET	Real Estate	5.2x	0.3x	28.1%	7.5%	n/a	Source n/a
9	SET:SCSC Asset Corporation Public Company Limited	SET	Real Estate	5.2x	0.3x	28.1%	7.5%	n/a	Source n/a
10	SET:BLABangkok Life Assurance Public Company Limited	SET	Financial Services	5.6x	0.7x	-6.1%	n/a	n/a	Source n/a
11	SET:BLA-RBangkok Life Assurance Public Company Limited	SET	Financial Services	5.6x	0.7x	-6.1%	n/a	n/a	Source n/a
12	SET:TTAThoresen Thai Agencies Public Company Limited	SET	Industrials	5.6x	0.3x	24.3%	5.1%	n/a	Source n/a
13	SET:TTA-RThoresen Thai Agencies Public Company Limited	SET	Industrials	5.6x	0.3x	24.3%	5.1%	n/a	Source n/a
14	SET:APAP (Thailand) Public Company Limited	SET	Real Estate	5.8x	0.5x	12.1%	11.6%	n/a	Source n/a
15	SET:AP-RAP (Thailand) Public Company Limited	SET	Real Estate	5.8x	0.5x	12.1%	11.6%	n/a	Source n/a
16	SET:SIRISansiri Public Company Limited	SET	Real Estate	5.9x	0.6x	42.5%	12.3%	n/a	Source n/a
17	SET:CPFCharoen Pokphand Foods Public Company Limited	SET	Consumer Defensive	6.4x	0.8x	25.8%	4.2%	n/a	Source n/a
18	SET:CPF-RCharoen Pokphand Foods Public Company Limited	SET	Consumer Defensive	6.4x	0.8x	25.8%	4.2%	n/a	Source n/a
19	SET:BTGBetagro Public Company Limited	SET	Consumer Defensive	6.5x	1.4x	25.5%	5.5%	n/a	Source n/a
20	SET:AEONTS-RAEON Thana Sinsap (Thailand) Public Company Limited	SET	Financial Services	7.1x	0.8x	29.8%	16.2%	n/a	Source n/a
21	SET:AEONTSAEON Thana Sinsap (Thailand) Public Company Limited	SET	Financial Services	7.1x	0.8x	29.8%	16.2%	n/a	Source n/a
22	SET:MBKMBK Public Company Limited	SET	Industrials	7.4x	1.2x	14.4%	35.3%	n/a	Source n/a
23	SET:SPALISupalai Public Company Limited	SET	Real Estate	7.5x	0.6x	4.2%	16.6%	n/a	Source n/a
24	SET:TFG-RThaifoods Group Public Company Limited	SET	Consumer Defensive	7.5x	2.8x	17.2%	10.2%	n/a	Source n/a
25	SET:TFGThaifoods Group Public Company Limited	SET	Consumer Defensive	7.5x	2.8x	17.2%	10.2%	n/a	Source n/a
26	SET:SPALI-RSupalai Public Company Limited	SET	Real Estate	7.5x	0.6x	4.2%	16.6%	n/a	Source n/a
27	SET:BBL-RBangkok Bank Public Company Limited	SET	Financial Services	7.5x	0.6x	18.5%	18.4%	n/a	Source n/a
28	SET:BBLBangkok Bank Public Company Limited	SET	Financial Services	7.5x	0.6x	18.5%	18.4%	n/a	Source n/a
29	SET:TPIPLTPI Polene Public Company Limited	SET	Basic Materials	7.5x	0.3x	-19.6%	5.6%	n/a	Source n/a
30	SET:TPIPL-RTPI Polene Public Company Limited	SET	Basic Materials	7.5x	0.3x	-19.6%	5.6%	n/a	Source n/a
31	SET:SAWAD-RSrisawad Corporation Public Company Limited	SET	Financial Services	7.6x	1.0x	29.0%	26.0%	n/a	Source n/a
32	SET:SAWADSrisawad Corporation Public Company Limited	SET	Financial Services	7.6x	1.0x	29.0%	26.0%	n/a	Source n/a
33	SET:AKREkarat Engineering Public Company Limited	SET	Industrials	7.9x	0.9x	22.3%	9.9%	n/a	Source n/a
34	SET:LOXLEYLoxley Public Company Limited	SET	Industrials	8.2x	0.6x	13.6%	4.0%	n/a	Source n/a
35	SET:NCAPNext Capital Public Company Limited	SET	Financial Services	8.5x	0.9x	4.1%	28.3%	n/a	Source n/a
36	SET:QH-RQuality Houses Public Company Limited	SET	Real Estate	8.5x	0.5x	32.4%	22.8%	n/a	Source n/a
37	SET:QHQuality Houses Public Company Limited	SET	Real Estate	8.5x	0.5x	32.4%	22.8%	n/a	Source n/a
38	SET:TOPThai Oil Public Company Limited	SET	Energy	8.5x	0.7x	30.6%	3.7%	n/a	Source n/a
39	SET:TOP-RThai Oil Public Company Limited	SET	Energy	8.5x	0.7x	30.6%	3.7%	n/a	Source n/a
40	SET:SISBSISB Public Company Limited	SET	Consumer Defensive	8.6x	2.1x	11.2%	38.3%	n/a	Source n/a
41	SET:BAY-RBank of Ayudhya Public Company Limited	SET	Financial Services	8.9x	0.7x	35.1%	17.1%	n/a	Source n/a
42	SET:BAYBank of Ayudhya Public Company Limited	SET	Financial Services	8.9x	0.7x	35.1%	17.1%	n/a	Source n/a
43	SET:PRM-RPrima Marine Public Company Limited	SET	Energy	8.9x	1.7x	6.5%	24.7%	n/a	Source n/a
44	SET:PRMPrima Marine Public Company Limited	SET	Energy	8.9x	1.7x	6.5%	24.7%	n/a	Source n/a
45	SET:CK-RCH. Karnchang Public Company Limited	SET	Industrials	8.9x	1.1x	33.1%	7.5%	n/a	Source n/a
46	SET:CKCH. Karnchang Public Company Limited	SET	Industrials	8.9x	1.1x	33.1%	7.5%	n/a	Source n/a
47	SET:SISSiS Distribution (Thailand) Public Company Limited	SET	Technology	9.2x	1.8x	20.4%	2.9%	n/a	Source n/a
48	SET:SATSomboon Advance Technology Public Company Limited	SET	Consumer Cyclical	9.2x	0.8x	15.4%	10.7%	n/a	Source n/a
49	SET:PTTEPPTT Exploration and Production Public Company Limited	SET	Energy	9.4x	1.1x	5.6%	21.4%	n/a	Source n/a
50	SET:PTTEP-RPTT Exploration and Production Public Company Limited	SET	Energy	9.4x	1.1x	5.6%	21.4%	n/a	Source n/a

This is the top of the list. The rest is a page away and no plan is needed for it.

Filed figures cite the filing they come from; figures marked Market data are quotes as of the date shown. Not a recommendation and not advice.

Past figures are not a forecast. Anything we modelled is labelled as ours. You can lose money on any security.