Page 22 - SET TH l Press Esc to Exit

20 Annual Report 2012
At end-2012, the market capitalization of SET and mai recorded new all-time highs. SET’s market capitalization was
THB11.83 trillion (approx. USD417.16 billion), up by 40.72% y-o-y. Likewise, mai’s market capitalization was THB133,017
million (approx. USD5,788.12 million), rising by 72.06% y-o-y.
SET’s dividend yield was relatively high when compared to other regional markets, reaching 3.19% at end-2012 and
ranking third in the region, while mai’s dividend yield was 1.72%. SET’s forward price to earnings ratio (forward P/E ratio)
stood at 15.46 times, an increase from 12.42 times at end-2011, while mai’s forward P/E ratio stood at 16.58 times, up from
9.40 times at end-2011.
Trading activity
In 2012, the average daily turnover of the SET and mai, THB32,304 million (approx. USD1,054.76 million), recorded
an all-time high and was the highest in the ASEAN region. The turnover increased by 9.61% y-o-y in contrast to the decline
in other major exchanges in ASEAN. This reflects the Thai capital market’s success in attracting investors by following the
development plans implemented during the past four years.
Trading value in 2010 – 2012
Trading value (unit: THB million) 2012 2011 2010
Trading value of SET 7,615,638 7,040,458 6,937,890
Trading value of mai 298,929 151,023 96,058
Total trading value 7,914,567 7,191,481 7,033,947
Average trading value 32,304 29,473 29,066
Change (unit: %) 9.61 1.40 59.47
Source: SET
Index and market
capitalization (SET & mai)
Source: SETSMART 2010 2011 2012
8,389,812 8,485,006
11,964,465
1,032.76 1,025.32
1.391.93
272.79 264.23
415.68
market capitalization (unit: THB million)
12,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
0
1,600
1,200
1,400
1,000
800
600
400
200
0
Total market capitalization (RHS)
SET index
mai index
index (unit: points)