Analysis Article • May 29

The Banks is pretty flat in the last 7 days, but AMMB Holdings Berhad has stood out, gaining 8.7%. As for the the longer term, the industry is up 17% over the past 12 months. Looking forward, earnings are forecast to grow by 5.5% annually.
Has the Malaysian Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 09 Aug 2026 | RM 469.1b | RM 100.2b | RM 40.9b | 11x | 11.5x | 4.7x |
| Tue, 07 Jul 2026 | RM 457.4b | RM 100.2b | RM 40.9b | 10.4x | 11.2x | 4.6x |
| Thu, 04 Jun 2026 | RM 442.0b | RM 100.2b | RM 40.9b | 10.1x | 10.8x | 4.4x |
| Sat, 02 May 2026 | RM 455.8b | RM 100.9b | RM 40.9b | 10.6x | 11.2x | 4.5x |
| Mon, 30 Mar 2026 | RM 466.7b | RM 100.9b | RM 40.9b | 10.6x | 11.4x | 4.6x |
| Wed, 25 Feb 2026 | RM 497.5b | RM 100.2b | RM 40.4b | 11.5x | 12.3x | 5x |
| Fri, 23 Jan 2026 | RM 474.2b | RM 100.2b | RM 40.4b | 11.6x | 11.7x | 4.7x |
| Sun, 21 Dec 2025 | RM 446.7b | RM 100.2b | RM 40.4b | 10.7x | 11x | 4.5x |
| Tue, 18 Nov 2025 | RM 422.0b | RM 99.3b | RM 40.3b | 10.1x | 10.5x | 4.3x |
| Thu, 16 Oct 2025 | RM 414.9b | RM 99.3b | RM 40.3b | 10x | 10.3x | 4.2x |
| Sat, 13 Sep 2025 | RM 412.3b | RM 99.3b | RM 40.3b | 9.9x | 10.2x | 4.2x |
| Mon, 11 Aug 2025 | RM 401.1b | RM 98.3b | RM 40.0b | 9.5x | 10x | 4.1x |
| Wed, 09 Jul 2025 | RM 399.7b | RM 98.3b | RM 40.0b | 9.3x | 10x | 4.1x |
| Fri, 06 Jun 2025 | RM 402.5b | RM 98.3b | RM 40.0b | 9.5x | 10.1x | 4.1x |
| Sun, 04 May 2025 | RM 415.0b | RM 97.2b | RM 39.9b | 9.7x | 10.4x | 4.3x |
| Tue, 01 Apr 2025 | RM 418.0b | RM 97.2b | RM 39.9b | 9.8x | 10.5x | 4.3x |
| Thu, 27 Feb 2025 | RM 445.1b | RM 95.5b | RM 39.3b | 10.6x | 11.3x | 4.7x |
| Sat, 25 Jan 2025 | RM 430.4b | RM 94.8b | RM 39.2b | 10.6x | 11x | 4.5x |
| Mon, 23 Dec 2024 | RM 424.3b | RM 94.8b | RM 39.2b | 10.3x | 10.8x | 4.5x |
| Wed, 20 Nov 2024 | RM 433.7b | RM 92.4b | RM 38.2b | 11.2x | 11.4x | 4.7x |
| Fri, 18 Oct 2024 | RM 441.1b | RM 92.4b | RM 38.2b | 10.8x | 11.6x | 4.8x |
| Sun, 15 Sep 2024 | RM 443.1b | RM 92.4b | RM 38.2b | 10.5x | 11.6x | 4.8x |
| Tue, 13 Aug 2024 | RM 410.0b | RM 90.6b | RM 37.1b | 10.6x | 11x | 4.5x |
| Thu, 11 Jul 2024 | RM 399.3b | RM 90.6b | RM 37.1b | 10x | 10.8x | 4.4x |
| Sat, 08 Jun 2024 | RM 396.6b | RM 90.6b | RM 37.2b | 9.9x | 10.7x | 4.4x |
| Mon, 06 May 2024 | RM 389.5b | RM 88.5b | RM 36.5b | 10.2x | 10.7x | 4.4x |
| Wed, 03 Apr 2024 | RM 392.3b | RM 88.5b | RM 36.5b | 10.2x | 10.8x | 4.4x |
| Fri, 01 Mar 2024 | RM 390.7b | RM 88.0b | RM 36.1b | 10.3x | 10.8x | 4.4x |
| Sun, 28 Jan 2024 | RM 379.0b | RM 89.9b | RM 36.2b | 10x | 10.5x | 4.2x |
| Tue, 26 Dec 2023 | RM 366.5b | RM 89.9b | RM 36.2b | 9.6x | 10.1x | 4.1x |
| Thu, 23 Nov 2023 | RM 370.6b | RM 89.7b | RM 35.3b | 10x | 10.5x | 4.1x |
| Sat, 21 Oct 2023 | RM 366.1b | RM 89.5b | RM 35.0b | 9.7x | 10.4x | 4.1x |
| Mon, 18 Sep 2023 | RM 368.3b | RM 89.5b | RM 35.0b | 10x | 10.5x | 4.1x |
| Wed, 16 Aug 2023 | RM 370.5b | RM 88.1b | RM 33.7b | 10.6x | 11x | 4.2x |
11x
Which industries have driven the changes within the Malaysian Financials industry?
| MY Market | 0.62% | |
| Financials | 0.45% | |
| Banks | 0.39% | |
| Diversified Banks | 0.41% | |
| Regional Banks | -0.79% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AMBANK AMMB Holdings Berhad | RM 7.35 | 8.7% +RM 2.0b | 38.4% | PB1.1x | |
| RHBBANK RHB Bank Berhad | RM 8.83 | 3.3% +RM 1.2b | 39.3% | PB1.2x | |
| CIMB CIMB Group Holdings Berhad | RM 7.94 | 0.6% +RM 540.3m | 15.7% | PB1.2x | |
| PBBANK Public Bank Berhad | RM 5.19 | 0.4% +RM 388.2m | 19.9% | PB1.7x | |
| HLBANK Hong Leong Bank Berhad | RM 22.20 | 0.7% +RM 328.1m | 16.2% | PB1.1x |