No but like this is really funny tho. The reason hobbits invented the office of the Thain in the first place is because the northern kingdoms (Arthedain in particular, being the one the Shire was a part of) fell. Before that, the hobbit’s leader was the fucking King.
“Afterwards in the peace that followed the Shire-folk ruled themselves and prospered. They chose a Thain to take the place of the King, and were content; though for a long time many still looked for the return of the King. But at last that hope was forgotten, and remained only in the saying When the King comes back, used of some good that could not be achieved, or of some evil that could not be amended.“
By the time Pippin and the War of the Ring roll around, the Thain has become a hereditary title of the Tooks. As in the current one is literally Pippin’s dad. Look at him as just some back-country halfling all you want, but from Pippin’s perspective, he has the exact same social standing as Boromir and Faramir.