Analysis Article • May 21

Over the last 7 days, the Banks industry has dropped 1.3%, driven by a pullback from Public Bank Berhad of 2.9%. In the past year, the industry has gained 11%. Earnings are forecast to grow by 5.4% annually.
Has the Malaysian Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 25 May 2026 | RM 458.0b | RM 101.1b | RM 40.9b | 10.7x | 11.2x | 4.5x |
| Wed, 22 Apr 2026 | RM 465.9b | RM 100.9b | RM 40.9b | 10.7x | 11.4x | 4.6x |
| Fri, 20 Mar 2026 | RM 474.8b | RM 100.9b | RM 40.9b | 10.9x | 11.6x | 4.7x |
| Sun, 15 Feb 2026 | RM 493.0b | RM 100.2b | RM 40.4b | 11.6x | 12.2x | 4.9x |
| Tue, 13 Jan 2026 | RM 461.7b | RM 100.2b | RM 40.4b | 11.2x | 11.4x | 4.6x |
| Thu, 11 Dec 2025 | RM 431.0b | RM 100.2b | RM 40.4b | 10.3x | 10.7x | 4.3x |
| Sat, 08 Nov 2025 | RM 418.5b | RM 99.3b | RM 40.3b | 10x | 10.4x | 4.2x |
| Mon, 06 Oct 2025 | RM 424.4b | RM 99.3b | RM 40.3b | 10.3x | 10.5x | 4.3x |
| Wed, 03 Sep 2025 | RM 414.4b | RM 99.3b | RM 40.3b | 10.1x | 10.3x | 4.2x |
| Fri, 01 Aug 2025 | RM 390.4b | RM 98.3b | RM 40.0b | 9.2x | 9.8x | 4x |
| Sun, 29 Jun 2025 | RM 402.7b | RM 98.3b | RM 40.0b | 9.4x | 10.1x | 4.1x |
| Tue, 27 May 2025 | RM 412.9b | RM 97.4b | RM 40.0b | 9.7x | 10.3x | 4.2x |
| Thu, 24 Apr 2025 | RM 407.7b | RM 97.2b | RM 39.9b | 9.5x | 10.2x | 4.2x |
| Sat, 22 Mar 2025 | RM 419.6b | RM 97.2b | RM 39.9b | 9.9x | 10.5x | 4.3x |
| Mon, 17 Feb 2025 | RM 441.2b | RM 94.8b | RM 39.2b | 10.8x | 11.2x | 4.7x |
| Wed, 15 Jan 2025 | RM 426.7b | RM 94.8b | RM 39.2b | 10.6x | 10.9x | 4.5x |
| Fri, 13 Dec 2024 | RM 434.1b | RM 94.8b | RM 39.2b | 10.7x | 11.1x | 4.6x |
| Sun, 10 Nov 2024 | RM 436.7b | RM 92.4b | RM 38.2b | 10.9x | 11.4x | 4.7x |
| Tue, 08 Oct 2024 | RM 434.5b | RM 92.4b | RM 38.2b | 11x | 11.4x | 4.7x |
| Thu, 05 Sep 2024 | RM 445.5b | RM 92.4b | RM 38.2b | 10.4x | 11.7x | 4.8x |
| Sat, 03 Aug 2024 | RM 411.0b | RM 90.6b | RM 37.1b | 9.9x | 11.1x | 4.5x |
| Mon, 01 Jul 2024 | RM 392.3b | RM 90.6b | RM 37.1b | 10x | 10.6x | 4.3x |
| Wed, 29 May 2024 | RM 396.5b | RM 89.6b | RM 36.6b | 10.1x | 10.8x | 4.4x |
| Fri, 26 Apr 2024 | RM 391.9b | RM 88.5b | RM 36.5b | 10.2x | 10.7x | 4.4x |
| Sun, 24 Mar 2024 | RM 388.0b | RM 88.5b | RM 36.5b | 10.2x | 10.6x | 4.4x |
| Tue, 20 Feb 2024 | RM 388.7b | RM 90.4b | RM 36.2b | 10.3x | 10.7x | 4.3x |
| Thu, 18 Jan 2024 | RM 374.6b | RM 89.9b | RM 36.2b | 9.8x | 10.4x | 4.2x |
| Sat, 16 Dec 2023 | RM 371.3b | RM 89.9b | RM 36.2b | 10.3x | 10.3x | 4.1x |
| Mon, 13 Nov 2023 | RM 368.2b | RM 89.5b | RM 35.0b | 10x | 10.5x | 4.1x |
| Wed, 11 Oct 2023 | RM 364.0b | RM 89.5b | RM 35.0b | 9.6x | 10.4x | 4.1x |
| Fri, 08 Sep 2023 | RM 371.7b | RM 89.5b | RM 35.0b | 10x | 10.6x | 4.2x |
| Sun, 06 Aug 2023 | RM 364.3b | RM 88.1b | RM 33.7b | 10.4x | 10.8x | 4.1x |
| Tue, 04 Jul 2023 | RM 349.7b | RM 88.1b | RM 33.7b | 9.7x | 10.4x | 4x |
| Thu, 01 Jun 2023 | RM 342.4b | RM 87.8b | RM 33.2b | 9.3x | 10.3x | 3.9x |
10.3x
Which industries have driven the changes within the Malaysian Financials industry?
| MY Market | -1.16% | |
| Financials | -1.23% | |
| Banks | -1.34% | |
| Regional Banks | 0% | 0 |
| Diversified Banks | -1.35% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AMBANK AMMB Holdings Berhad | RM 6.49 | 0.9% +RM 198.4m | 19.3% | PB1x | |
| HLFG Hong Leong Financial Group Berhad | RM 18.78 | 0.4% +RM 90.7m | 11.3% | PB0.6x | |
| RHBBANK RHB Bank Berhad | RM 8.24 | 0.2% +RM 87.2m | 19.8% | PB1.1x | |
| HLBANK Hong Leong Bank Berhad | RM 22.00 | 0.09% +RM 41.0m | 10.3% | PB1.1x |