Valuation Industrial and Commercial Bank of China Limited Thailand S.E.

Stocks

End-of-day quote Thailand S.E. 03/09/2026			5-day change	1st Jan Change
3.180 ^THB	-1.85%		+1.27%	+24.22%

08-31	China's Big Four Banks Let Credit Costs Eat Into First-Half Profits Even as Revenues Jump	MT
08-28	China's largest five banks report strongest first-half profit since height of property crash	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	1,559,423	1,478,751	1,589,701	2,290,644	2,628,615	2,745,120	-	-
Change	-	-5.17%	7.5%	44.09%	14.75%	4.43%	-	-
Enterprise Value (EV)	1,559,423	1,478,751	1,589,701	2,290,644	2,628,615	2,745,120	2,745,120	2,745,120
Change	-	-5.17%	7.5%	44.09%	14.75%	4.43%	0%	0%
P/E	3.77x	3.67x	3.54x	5x	5.65x	6.26x	5.98x	5.6x
PBR	0.44x	0.4x	0.36x	0.48x	0.52x	0.56x	0.52x	0.48x
PEG	-	1.74x	3.43x	-	2.77x	1.91x	1.29x	0.83x
Capitalization / Revenue	1.81x	1.76x	1.97x	2.91x	3.14x	3.22x	3.03x	2.79x
EV / Revenue	0x	0x	0x	0x	0x	3.22x	3.03x	2.79x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	4.4x	4.24x	3.89x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.2933	0.3035	0.3064	0.308	0.3103	0.3204	0.3358	0.3556
Rate of return	8.18%	8.54%	8.84%	6.29%	5.49%	4.95%	5.19%	5.5%
EPS ²	0.95	0.97	0.98	0.98	1	1.033	1.081	1.154
Distribution rate	30.9%	31.3%	31.3%	31.4%	31%	31%	31.1%	30.8%
Net sales ¹	860,880	841,441	806,458	786,126	838,270	851,539	905,118	985,468
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	624,653	600,557	567,760	543,971	558,971	624,122	647,172	706,332
Net income ¹	338,731	360,483	363,993	365,863	368,562	371,166	387,106	410,661
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	3.585	3.556	3.467	4.896	5.652	6.467	6.467	6.467
Nbr of stocks (in thousands)	356,406,257	356,406,257	356,406,257	356,406,257	356,406,257	356,406,257	-	-
Announcement Date	30/03/22	30/03/23	27/03/24	28/03/25	27/03/26	-	-	-

¹CNY in Million²CNY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
JPMORGAN CHASE & CO.	14.32x	-	-	1.74%	962B
BANK OF AMERICA CORPORATION	13.48x	-	-	1.89%	441B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	6.26x	-	-	4.95%	409B
HSBC HOLDINGS PLC	12.94x	-	-	4.03%	363B
CHINA CONSTRUCTION BANK CORPORATION	6.18x	-	-	4.99%	328B
BANK OF CHINA LIMITED	6.64x	-	-	4.76%	296B
ROYAL BANK OF CANADA	18.13x	-	-	2.34%	294B
WELLS FARGO & COMPANY	12.21x	-	-	2.14%	270B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	15.05x	-	-	2.63%	272B
Average	11.69x			3.27%	403.66B
Weighted average by Cap.	12.02x			3.03%