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Malaysian (KLSE) Market Analysis & Valuation

UpdatedMay 09, 2026
DataAggregated Company Financials
Companies1068
  • 7D1.3%
  • 3M2.0%
  • 1Y11.7%
  • YTD4.8%

The market has climbed 1.3% in the last 7 days, lead by the Financials sector with a gain of 2.4%. In the last year, the market has climbed 12%. As for the next few years, earnings are expected to grow by 11% per annum.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

Has the Malaysian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 09 May 2026RM 2.1tRM 1.3tRM 123.9b14.2x17.3x1.6x
Mon, 06 Apr 2026RM 2.1tRM 1.3tRM 121.6b13.5x16.9x1.6x
Wed, 04 Mar 2026RM 2.1tRM 1.3tRM 122.6b14x16.8x1.6x
Fri, 30 Jan 2026RM 2.1tRM 1.3tRM 118.9b13.9x17.5x1.6x
Sun, 28 Dec 2025RM 2.0tRM 1.3tRM 118.7b13.9x17x1.5x
Tue, 25 Nov 2025RM 2.0tRM 1.3tRM 114.7b13.9x17.2x1.5x
Thu, 23 Oct 2025RM 2.0tRM 1.3tRM 111.9b14.9x17.6x1.5x
Sat, 20 Sep 2025RM 1.9tRM 1.3tRM 112.2b14.7x17.3x1.5x
Mon, 18 Aug 2025RM 1.9tRM 1.3tRM 114.0b14.1x16.7x1.5x
Wed, 16 Jul 2025RM 1.9tRM 1.3tRM 115.6b13.9x16.2x1.4x
Fri, 13 Jun 2025RM 1.9tRM 1.3tRM 115.7b13.6x16x1.4x
Sun, 11 May 2025RM 1.9tRM 1.3tRM 118.5b14x15.7x1.4x
Tue, 08 Apr 2025RM 1.7tRM 1.3tRM 118.2b13.2x14.5x1.3x
Thu, 06 Mar 2025RM 1.9tRM 1.3tRM 118.5b14.2x15.6x1.4x
Sat, 01 Feb 2025RM 1.9tRM 1.3tRM 115.7b14.9x16.6x1.5x
Mon, 30 Dec 2024RM 2.0tRM 1.3tRM 115.1b15.3x17.5x1.6x
Wed, 27 Nov 2024RM 2.0tRM 1.3tRM 112.1b15.6x17.5x1.5x
Fri, 25 Oct 2024RM 2.0tRM 1.3tRM 113.8b15.4x17.4x1.6x
Sun, 22 Sep 2024RM 2.0tRM 1.3tRM 113.1b15.8x17.8x1.6x
Tue, 20 Aug 2024RM 2.0tRM 1.2tRM 106.7b17.4x18.7x1.6x
Thu, 18 Jul 2024RM 2.0tRM 1.2tRM 105.8b18.1x19.3x1.7x
Sat, 15 Jun 2024RM 2.0tRM 1.2tRM 104.8b17.5x19.2x1.6x
Mon, 13 May 2024RM 1.9tRM 1.2tRM 99.9b16.9x19.5x1.6x
Wed, 10 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.4x18.9x1.6x
Fri, 08 Mar 2024RM 1.8tRM 1.2tRM 99.5b15.9x18.3x1.5x
Sun, 04 Feb 2024RM 1.8tRM 1.2tRM 83.2b15.7x21.8x1.5x
Tue, 02 Jan 2024RM 1.8tRM 1.2tRM 83.1b15.6x21.2x1.4x
Thu, 30 Nov 2023RM 1.7tRM 1.2tRM 81.0b15.1x21.4x1.4x
Sat, 28 Oct 2023RM 1.7tRM 1.2tRM 79.5b15.3x21.7x1.4x
Mon, 25 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.7x21.9x1.4x
Wed, 23 Aug 2023RM 1.7tRM 1.2tRM 81.2b14.9x21.3x1.4x
Fri, 21 Jul 2023RM 1.7tRM 1.2tRM 82.6b14.1x20.3x1.4x
Sun, 18 Jun 2023RM 1.6tRM 1.2tRM 82.8b13.7x19.9x1.3x
Tue, 16 May 2023RM 1.7tRM 1.4tRM 125.6b13x13.3x1.2x
Price to Earnings Ratio

13.3x


Total Market Cap: RM 1.7tTotal Earnings: RM 125.6bTotal Revenue: RM 1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 18.2x202420252026
Current Market PE
  • Investors are relatively neutral on the Malaysian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 18.2x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have declined 2.8% per year.
  • This means that the cost of doing business could be reducing since sales have declined yet profits have remained steady.

Sector Trends

Which sectors have driven the changes within the Malaysian Market?

MY Market1.27%
Tech4.82%
Utilities4.01%
Real Estate2.95%
Financials2.44%
Industrials1.69%
Telecom1.66%
Healthcare1.21%
Consumer Discretionary0.85%
Consumer Staples-1.72%
Materials-1.99%
Energy-4.93%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 74.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 29.7% which is higher than its past year's earnings decline of 2.5% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 18.8x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings decline of 2.5% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 3.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
PBBANK Public Bank BerhadRM 4.884.3%
+RM 3.9b		9.9%PB1.6xFinancials
YTLPOWR YTL Power International BerhadRM 4.168.9%
+RM 2.9b		15.9%PE16xUtilities
CIMB CIMB Group Holdings BerhadRM 7.933.5%
+RM 2.9b		15.4%PB1.2xFinancials
YTL YTL Corporation BerhadRM 2.2610.8%
+RM 2.6b		6.6%PE14.4xUtilities
IOIPG IOI Properties Group BerhadRM 4.488.0%
+RM 1.8b		144.8%PE10.9xReal Estate
See more

Market Insights

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Latest News

PPB
RM 11.20
PPB Group Berhad
7D
-2.8%
1Y
-7.6%
YTL
RM 2.26
YTL Corporation Berhad
7D
10.8%
1Y
6.6%
AMBANK
RM 6.44
AMMB Holdings Berhad
7D
4.7%
1Y
22.2%
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Does AMMB Holdings Berhad (KLSE:AMBANK) Deserve A Spot On Your Watchlist?

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F&N
RM 30.02
Fraser & Neave Holdings Bhd
7D
-4.1%
1Y
10.8%
SDG
RM 6.06
SD Guthrie Berhad
7D
-2.3%
1Y
31.7%
Analysis Article • May 05

Investors Shouldn't Be Too Comfortable With SD Guthrie Berhad's (KLSE:SDG) Earnings

SD Guthrie Berhad's ( KLSE:SDG ) robust earnings report didn't manage to move the market for its stock. Our analysis...
99SMART
RM 3.38
99 Speed Mart Retail Holdings Berhad
7D
-2.0%
1Y
52.3%
Analysis Article • May 05

99 Speed Mart Retail Holdings Berhad's (KLSE:99SMART) Solid Earnings Are Supported By Other Strong Factors

The subdued stock price reaction suggests that 99 Speed Mart Retail Holdings Berhad's ( KLSE:99SMART ) strong earnings...
PCHEM
RM 5.37
PETRONAS Chemicals Group Berhad
7D
-9.3%
1Y
53.4%
Narrative Update • May 01

PCHEM: Elevated P E Expectations Will Pressure Returns If Earnings Disappoint

Analysts have raised their fair value estimate for PETRONAS Chemicals Group Berhad from MYR1.82 to MYR3.18, citing updated assumptions for discount rates, revenue trends, profit margins, and a higher future P/E multiple following recent Street research. Analyst Commentary While the latest Street work includes at least one upgrade, the overall message for you as an investor still carries some caution.
NESTLE
RM 102.60
Nestlé (Malaysia) Berhad
7D
-5.4%
1Y
21.4%
IOIPG
RM 4.48
IOI Properties Group Berhad
7D
8.0%
1Y
144.8%
Analysis Article • Apr 24

Here's Why We Think IOI Properties Group Berhad (KLSE:IOIPG) Might Deserve Your Attention Today

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
TENAGA
RM 14.82
Tenaga Nasional Berhad
7D
1.9%
1Y
3.6%
UTDPLT
RM 30.80
United Plantations Berhad
7D
-3.0%
1Y
35.9%
CIMB
RM 7.93
CIMB Group Holdings Berhad
7D
3.5%
1Y
15.4%
PBBANK
RM 4.88
Public Bank Berhad
7D
4.3%
1Y
9.9%
MAYBANK
RM 11.18
Malayan Banking Berhad
7D
0.9%
1Y
13.0%
YTLPOWR
RM 4.16
YTL Power International Berhad
7D
8.9%
1Y
15.9%
DIALOG
RM 2.17
Dialog Group Berhad
7D
-4.4%
1Y
39.1%