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Malaysian (KLSE) Banks Industry Analysis

UpdatedDec 25, 2024
DataAggregated Company Financials
Companies11
  • 7D-0.3%
  • 3M-3.5%
  • 1Y17.2%
  • YTD16.5%

Over the last 7 days, the Banks industry has dropped 1.1%, driven by declines in CIMB Group Holdings Berhad and Malayan Banking Berhad of 0.9% and 0.6%, respectively. In the past year, the industry has gained 17%. Looking forward, earnings are forecast to grow by 5.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Dec 2024RM 429.0bRM 94.8bRM 39.2b10.4x10.9x4.5x
Fri, 22 Nov 2024RM 431.7bRM 92.4bRM 38.2b11.1x11.3x4.7x
Sun, 20 Oct 2024RM 441.2bRM 92.4bRM 38.2b10.9x11.6x4.8x
Tue, 17 Sep 2024RM 443.1bRM 92.4bRM 38.2b10.5x11.6x4.8x
Thu, 15 Aug 2024RM 410.9bRM 90.6bRM 37.1b10.6x11.1x4.5x
Sat, 13 Jul 2024RM 400.2bRM 90.6bRM 37.1b10x10.8x4.4x
Mon, 10 Jun 2024RM 396.6bRM 90.6bRM 37.1b9.9x10.7x4.4x
Wed, 08 May 2024RM 395.1bRM 88.5bRM 36.5b10.4x10.8x4.5x
Fri, 05 Apr 2024RM 390.6bRM 88.5bRM 36.5b10.2x10.7x4.4x
Sun, 03 Mar 2024RM 387.4bRM 88.6bRM 36.5b10.3x10.6x4.4x
Tue, 30 Jan 2024RM 381.9bRM 89.9bRM 36.2b10.1x10.6x4.2x
Thu, 28 Dec 2023RM 365.7bRM 89.9bRM 36.2b9.6x10.1x4.1x
Sat, 25 Nov 2023RM 370.2bRM 89.6bRM 35.5b10x10.4x4.1x
Mon, 23 Oct 2023RM 366.1bRM 89.5bRM 35.0b9.7x10.4x4.1x
Wed, 20 Sep 2023RM 368.3bRM 89.5bRM 35.0b10x10.5x4.1x
Fri, 18 Aug 2023RM 367.8bRM 88.1bRM 33.7b10.5x10.9x4.2x
Sun, 16 Jul 2023RM 355.1bRM 88.1bRM 33.7b10x10.5x4x
Tue, 13 Jun 2023RM 342.7bRM 88.1bRM 33.7b9.5x10.2x3.9x
Thu, 11 May 2023RM 351.7bRM 87.4bRM 32.5b9.8x10.8x4x
Sat, 08 Apr 2023RM 354.1bRM 87.5bRM 32.6b9.9x10.9x4x
Mon, 06 Mar 2023RM 364.9bRM 87.5bRM 32.6b10.1x11.2x4.2x
Wed, 01 Feb 2023RM 370.1bRM 84.4bRM 30.9b12.3x12x4.4x
Fri, 30 Dec 2022RM 373.3bRM 84.4bRM 30.9b12.4x12.1x4.4x
Sun, 27 Nov 2022RM 377.2bRM 82.4bRM 28.6b12.9x13.2x4.6x
Tue, 25 Oct 2022RM 372.4bRM 80.7bRM 28.3b13.3x13.2x4.6x
Thu, 22 Sep 2022RM 368.4bRM 80.7bRM 28.3b13x13x4.6x
Sat, 20 Aug 2022RM 376.4bRM 79.2bRM 28.2b9.8x13.4x4.8x
Mon, 18 Jul 2022RM 359.0bRM 79.1bRM 28.1b9.3x12.8x4.5x
Wed, 15 Jun 2022RM 363.4bRM 79.1bRM 28.1b9.7x12.9x4.6x
Fri, 13 May 2022RM 374.9bRM 79.1bRM 24.5b11.5x15.3x4.7x
Sun, 10 Apr 2022RM 372.6bRM 79.1bRM 24.5b11.6x15.2x4.7x
Tue, 08 Mar 2022RM 353.6bRM 79.0bRM 24.5b10.6x14.4x4.5x
Thu, 03 Feb 2022RM 346.8bRM 76.2bRM 22.5b11.5x15.4x4.5x
Sat, 01 Jan 2022RM 343.7bRM 76.2bRM 22.5b10.8x15.2x4.5x
Price to Earnings Ratio

15.2x


Total Market Cap: RM 343.7bTotal Earnings: RM 22.5bTotal Revenue: RM 76.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Banks Industry Price to Earnings3Y Average 11.9x202220232024
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 11.9x.
  • 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 20% per year over the last three years.
  • Revenues for these companies have grown 7.5% 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 Market0.19%
Financials-0.28%
Banks-0.25%
Diversified Banks-0.22%
Regional Banks-2.72%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 11.9x.
    • Analysts are expecting annual earnings growth of 5.6%, which is lower than the prior year's growth of 9.6% per year.
  • Investors are most pessimistic about the Regional Banks industry, which is trading below its 3-year average of 13.1x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 5.6% over the next 5 years.
  • However this is lower than its past earnings growth rate of 9.6% per year.
  • In contrast, the Regional Banks industry is expected to see its earnings grow by 2.8% 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
PBBANK Public Bank BerhadRM 4.550.7%
+RM 582.3m
7.3%PB1.6x
HLBANK Hong Leong Bank BerhadRM 20.200.4%
+RM 164.0m
9.2%PB1.1x
HLFG Hong Leong Financial Group BerhadRM 18.000.3%
+RM 68.1m
9.1%PB0.7x
ABMB Alliance Bank Malaysia BerhadRM 4.830.8%
+RM 61.9m
42.1%PB1x
AFFIN AFFIN Bank BerhadRM 2.860.4%
+RM 24.0m
37.5%PB0.6x
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Latest News

MBSB

RM 0.71

MBSB Berhad

7D

-2.7%

1Y

0.7%

PBBANK

RM 4.55

Public Bank Berhad

7D

0.7%

1Y

7.3%

RHBBANK

RM 6.42

RHB Bank Berhad

7D

-0.6%

1Y

18.9%

ABMB

RM 4.83

Alliance Bank Malaysia Berhad

7D

0.8%

1Y

42.1%

HLFG

RM 18.00

Hong Leong Financial Group Berhad

7D

0.3%

1Y

9.1%

MAYBANK

RM 10.08

Malayan Banking Berhad

7D

-0.6%

1Y

13.4%

AFFIN

RM 2.86

AFFIN Bank Berhad

7D

0.4%

1Y

37.5%