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Malaysian (KLSE) Banks Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies11
- 7D-0.7%
- 3M0.2%
- 1Y16.3%
- YTD17.2%
The Banks industry has stayed flat over the last week. The past year has been better, since the industry has gained 16% in that time. As for the next few years, earnings are expected to grow by 5.9% per annum.
Industry Valuation and Performance
Has the Malaysian Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | RM 431.6b | RM 92.6b | RM 38.2b | 11x | 11.3x | 4.7x |
| Tue, 22 Oct 2024 | RM 441.5b | RM 92.4b | RM 38.2b | 10.9x | 11.6x | 4.8x |
| Thu, 19 Sep 2024 | RM 445.5b | RM 92.4b | RM 38.2b | 10.8x | 11.7x | 4.8x |
| Sat, 17 Aug 2024 | RM 415.8b | RM 90.6b | RM 37.1b | 10.6x | 11.2x | 4.6x |
| Mon, 15 Jul 2024 | RM 400.2b | RM 90.6b | RM 37.1b | 10x | 10.8x | 4.4x |
| Wed, 12 Jun 2024 | RM 396.6b | RM 90.6b | RM 37.1b | 9.9x | 10.7x | 4.4x |
| Fri, 10 May 2024 | RM 393.0b | RM 88.5b | RM 36.5b | 10.3x | 10.8x | 4.4x |
| Sun, 07 Apr 2024 | RM 389.2b | RM 88.5b | RM 36.5b | 10.2x | 10.7x | 4.4x |
| Tue, 05 Mar 2024 | RM 389.3b | RM 88.6b | RM 36.5b | 10.3x | 10.7x | 4.4x |
| Thu, 01 Feb 2024 | RM 381.9b | RM 89.9b | RM 36.2b | 10.1x | 10.6x | 4.2x |
| Sat, 30 Dec 2023 | RM 367.9b | RM 89.9b | RM 36.2b | 9.6x | 10.2x | 4.1x |
| Mon, 27 Nov 2023 | RM 370.2b | RM 89.6b | RM 35.5b | 10x | 10.4x | 4.1x |
| Wed, 25 Oct 2023 | RM 365.9b | RM 89.5b | RM 35.0b | 9.8x | 10.4x | 4.1x |
| Fri, 22 Sep 2023 | RM 366.1b | RM 89.5b | RM 35.0b | 9.7x | 10.4x | 4.1x |
| Sun, 20 Aug 2023 | RM 366.7b | RM 88.1b | RM 33.7b | 10.5x | 10.9x | 4.2x |
| Tue, 18 Jul 2023 | RM 355.3b | RM 88.1b | RM 33.7b | 10x | 10.6x | 4x |
| Thu, 15 Jun 2023 | RM 341.9b | RM 88.1b | RM 33.7b | 9.4x | 10.2x | 3.9x |
| Sat, 13 May 2023 | RM 349.6b | RM 87.4b | RM 32.5b | 9.7x | 10.8x | 4x |
| Mon, 10 Apr 2023 | RM 354.1b | RM 87.5b | RM 32.6b | 9.9x | 10.9x | 4x |
| Wed, 08 Mar 2023 | RM 363.4b | RM 87.5b | RM 32.6b | 10x | 11.1x | 4.2x |
| Fri, 03 Feb 2023 | RM 368.3b | RM 84.4b | RM 30.9b | 12.2x | 11.9x | 4.4x |
| Sun, 01 Jan 2023 | RM 372.7b | RM 84.4b | RM 30.9b | 12.4x | 12x | 4.4x |
| Tue, 29 Nov 2022 | RM 377.2b | RM 82.4b | RM 28.6b | 12.9x | 13.2x | 4.6x |
| Thu, 27 Oct 2022 | RM 371.8b | RM 80.7b | RM 28.3b | 13.1x | 13.1x | 4.6x |
| Sat, 24 Sep 2022 | RM 365.3b | RM 80.7b | RM 28.3b | 12.9x | 12.9x | 4.5x |
| Mon, 22 Aug 2022 | RM 376.4b | RM 79.2b | RM 28.2b | 9.8x | 13.4x | 4.8x |
| Wed, 20 Jul 2022 | RM 359.0b | RM 79.1b | RM 28.1b | 9.3x | 12.8x | 4.5x |
| Fri, 17 Jun 2022 | RM 366.1b | RM 79.1b | RM 28.1b | 9.6x | 13x | 4.6x |
| Sun, 15 May 2022 | RM 369.4b | RM 79.1b | RM 24.5b | 11.4x | 15.1x | 4.7x |
| Tue, 12 Apr 2022 | RM 371.9b | RM 79.1b | RM 24.5b | 11.5x | 15.2x | 4.7x |
| Thu, 10 Mar 2022 | RM 355.4b | RM 79.0b | RM 24.5b | 10.5x | 14.5x | 4.5x |
| Sat, 05 Feb 2022 | RM 348.7b | RM 76.2b | RM 22.5b | 11.7x | 15.5x | 4.6x |
| Mon, 03 Jan 2022 | RM 343.7b | RM 76.2b | RM 22.5b | 10.8x | 15.2x | 4.5x |
| Wed, 01 Dec 2021 | RM 331.4b | RM 75.2b | RM 23.1b | 10.5x | 14.3x | 4.4x |
Price to Earnings Ratio
14.3x
Current Industry PE
- Investors are relatively neutral on the Malaysian Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 12.0x.
- The industry is trading close to its 3-year average PS ratio of 4.4x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 7.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Financials industry?
| MY Market | 0.092% | |
| Financials | -0.64% | |
| Banks | -0.70% | |
| Diversified Banks | -0.68% | |
| Regional Banks | -2.04% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry, which is trading close to its 3-year average PE ratio of 13.0x.
- Analysts expect its future annual earnings growth (11.1%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 12.0x.
Forecasted Growth
- Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 11% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 5.8% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CIMB CIMB Group Holdings Berhad | RM 8.22 | 0.4% +RM 321.6m | 43.0% | PB1.3x | |
| AMBANK AMMB Holdings Berhad | RM 5.25 | 1.7% +RM 297.9m | 30.0% | PB0.9x | |
| RHBBANK RHB Bank Berhad | RM 6.50 | 0.8% +RM 218.0m | 16.1% | PB0.9x | |
| HLFG Hong Leong Financial Group Berhad | RM 18.40 | 1.0% +RM 204.2m | 11.7% | PB0.7x | |
| AFFIN AFFIN Bank Berhad | RM 2.89 | 0.3% +RM 24.0m | 41.7% | PB0.6x |
