Header cover image

Malaysian (KLSE) Banks Industry Analysis

UpdatedOct 14, 2024
DataAggregated Company Financials
Companies11
  • 7D0.01%
  • 3M7.7%
  • 1Y17.9%
  • YTD18.0%

The Banks is pretty flat in the last 7 days, but CIMB Group Holdings Berhad has stood out, gaining 3.6%. The past year has been better, since the industry has gained 18% in that time. Looking forward, earnings are forecast to grow by 6.0% annually.

Industry Valuation and Performance

Has the Malaysian Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Oct 2024RM 434.5bRM 92.4bRM 38.2b10.8x11.4x4.7x
Thu, 12 Sep 2024RM 444.4bRM 92.4bRM 38.2b10.7x11.6x4.8x
Sat, 10 Aug 2024RM 407.1bRM 90.6bRM 37.1b10.4x11x4.5x
Mon, 08 Jul 2024RM 395.7bRM 90.6bRM 37.1b10x10.7x4.4x
Wed, 05 Jun 2024RM 398.7bRM 90.5bRM 37.2b9.9x10.7x4.4x
Fri, 03 May 2024RM 388.5bRM 88.5bRM 36.5b10.2x10.7x4.4x
Sun, 31 Mar 2024RM 390.2bRM 88.5bRM 36.5b10.2x10.7x4.4x
Tue, 27 Feb 2024RM 390.9bRM 90.4bRM 36.2b10.4x10.8x4.3x
Thu, 25 Jan 2024RM 377.6bRM 89.9bRM 36.2b9.9x10.4x4.2x
Sat, 23 Dec 2023RM 366.5bRM 89.9bRM 36.2b9.6x10.1x4.1x
Mon, 20 Nov 2023RM 370.2bRM 89.7bRM 35.3b10.1x10.5x4.1x
Wed, 18 Oct 2023RM 367.5bRM 89.5bRM 35.0b9.8x10.5x4.1x
Fri, 15 Sep 2023RM 366.0bRM 89.5bRM 35.0b9.9x10.4x4.1x
Sun, 13 Aug 2023RM 368.0bRM 88.1bRM 33.7b10.5x10.9x4.2x
Tue, 11 Jul 2023RM 347.0bRM 88.1bRM 33.7b9.8x10.3x3.9x
Thu, 08 Jun 2023RM 339.8bRM 88.1bRM 33.7b9.2x10.1x3.9x
Sat, 06 May 2023RM 354.3bRM 87.4bRM 32.5b9.9x10.9x4.1x
Mon, 03 Apr 2023RM 354.4bRM 87.5bRM 32.6b9.8x10.9x4x
Wed, 01 Mar 2023RM 365.8bRM 86.7bRM 31.6b10.4x11.6x4.2x
Fri, 27 Jan 2023RM 372.1bRM 84.4bRM 30.9b12.3x12x4.4x
Sun, 25 Dec 2022RM 375.3bRM 84.4bRM 30.9b12.3x12.1x4.4x
Tue, 22 Nov 2022RM 365.9bRM 80.7bRM 28.3b12.8x12.9x4.5x
Thu, 20 Oct 2022RM 363.9bRM 80.7bRM 28.3b13x12.9x4.5x
Sat, 17 Sep 2022RM 370.5bRM 80.7bRM 28.3b12.9x13.1x4.6x
Mon, 15 Aug 2022RM 378.4bRM 79.1bRM 28.1b9.9x13.5x4.8x
Wed, 13 Jul 2022RM 360.9bRM 79.1bRM 28.1b9.3x12.8x4.6x
Fri, 10 Jun 2022RM 369.3bRM 79.1bRM 28.1b9.9x13.1x4.7x
Sun, 08 May 2022RM 372.6bRM 79.1bRM 24.5b11.3x15.2x4.7x
Tue, 05 Apr 2022RM 373.5bRM 79.1bRM 24.5b11.5x15.2x4.7x
Thu, 03 Mar 2022RM 362.9bRM 79.0bRM 24.5b11.3x14.8x4.6x
Sat, 29 Jan 2022RM 349.0bRM 76.2bRM 22.5b11.5x15.5x4.6x
Mon, 27 Dec 2021RM 340.7bRM 76.2bRM 22.5b10.4x15.1x4.5x
Wed, 24 Nov 2021RM 337.4bRM 74.9bRM 23.1b11.1x14.6x4.5x
Fri, 22 Oct 2021RM 353.2bRM 77.9bRM 23.7b11.2x14.9x4.5x
Price to Earnings Ratio

14.9x


Total Market Cap: RM 353.2bTotal Earnings: RM 23.7bTotal Revenue: RM 77.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Banks Industry Price to Earnings3Y Average 12.1x202220232024
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 12.1x.
  • 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 17% per year over the last three years.
  • Revenues for these companies have grown 5.9% 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 Market0.62%
Financials-0.09%
Banks0.012%
Diversified Banks0.022%
Regional Banks-0.65%
Industry PE
  • Investors are most optimistic about the Regional Banks industry, which is trading close to its 3-year average PE ratio of 12.7x.
    • Analysts are expecting annual earnings growth of 13.5%, which is higher than its past year's earnings growth of 11.9% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 12.1x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 13% 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 5.9% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
CIMB CIMB Group Holdings BerhadRM 8.253.6%
+RM 3.1b
47.1%PB1.3x
AMBANK AMMB Holdings BerhadRM 5.194.0%
+RM 662.1m
33.8%PB0.9x
MAYBANK Malayan Banking BerhadRM 10.540.4%
+RM 482.7m
17.4%PB1.3x
RHBBANK RHB Bank BerhadRM 6.271.8%
+RM 479.5m
12.2%PB0.9x
ABMB Alliance Bank Malaysia BerhadRM 4.484.2%
+RM 278.7m
32.9%PB1x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

ABMB

RM 4.48

Alliance Bank Malaysia Berhad

7D

4.2%

1Y

32.9%

PBBANK

RM 4.39

Public Bank Berhad

7D

-3.7%

1Y

5.3%

HLFG

RM 18.98

Hong Leong Financial Group Berhad

7D

-0.1%

1Y

10.9%

RHBBANK

RM 6.27

RHB Bank Berhad

7D

1.8%

1Y

12.2%

MAYBANK

RM 10.54

Malayan Banking Berhad

7D

0.4%

1Y

17.4%

CIMB

RM 8.25

CIMB Group Holdings Berhad

7D

3.6%

1Y

47.1%

MBSB

RM 0.77

MBSB Berhad

7D

-0.6%

1Y

-3.2%

AFFIN

RM 2.91

AFFIN Bank Berhad

7D

2.5%

1Y

36.6%