of a company relative to its asset-in-place whereas the PE ratio measures company’s market capitalization compared to its earnings. Because of its intuitive appeal and practical simplicity, the PE
Mexico and France (formerly Performance Fibers), a leading producer of durable technical textiles for industrial, tire reinforcement, and specialty applica- tions. Glanzstoff also commenced single-end cord
demand faced contraction in the same direction as private consumption on durable goods and services significantly contracted because people avoided going outside. Other fators include the suspension of a
appreciation. Private consumption grew at a slower rate than in the first half of the year, especially spending on durable goods in line with a contraction in domestic vehicle sales. In response, the government
durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the economic expansion, which was still limited and uneven, affected the performance of KBank and our
the SET50 Index, which includes 50 stocks with the largest market capitalization. For simplicity in this article, we will use the SET Total Return Index, which incorporates not just price returns but
better in some products, especially durable goods, but overall purchasing power remained fragile overall. Both household and industry sentiment remained somber, indicating that the Thai economic recovery
consumption, albeit expanding, began to exhibit decelerating growth following a recent ramp-up in spending on durable goods. Likewise, private investment remained weak pending more apparent signs of economic
tourist arrivals and tourism receipts, as well as manufacturing production. Meanwhile, private consumption continued to expand, which was derived mainly from increased expenditures on durable goods