Narrative Update • Jun 16

Over the last 7 days, the Banks industry has risen 3.0%, driven by gains from Malayan Banking Berhad of 4.3%. In the last 12 months, the industry was up 17%. 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 |
|---|---|---|---|---|---|---|
| Sun, 21 Jun 2026 | RM 463.6b | RM 100.2b | RM 40.9b | 10.6x | 11.3x | 4.6x |
| Tue, 19 May 2026 | RM 460.9b | RM 101.0b | RM 40.9b | 10.7x | 11.3x | 4.6x |
| Thu, 16 Apr 2026 | RM 450.0b | RM 100.9b | RM 40.9b | 10.4x | 11x | 4.5x |
| Sat, 14 Mar 2026 | RM 468.6b | RM 100.9b | RM 40.9b | 10.8x | 11.5x | 4.6x |
| Mon, 09 Feb 2026 | RM 492.1b | RM 100.2b | RM 40.4b | 11.8x | 12.2x | 4.9x |
| Wed, 07 Jan 2026 | RM 451.6b | RM 100.2b | RM 40.4b | 10.9x | 11.2x | 4.5x |
| Fri, 05 Dec 2025 | RM 434.1b | RM 100.2b | RM 40.4b | 10.2x | 10.7x | 4.3x |
| Sun, 02 Nov 2025 | RM 413.4b | RM 99.3b | RM 40.3b | 9.9x | 10.3x | 4.2x |
| Tue, 30 Sep 2025 | RM 416.8b | RM 99.3b | RM 40.3b | 9.8x | 10.3x | 4.2x |
| Thu, 28 Aug 2025 | RM 412.7b | RM 99.0b | RM 40.2b | 10.3x | 10.3x | 4.2x |
| Sat, 26 Jul 2025 | RM 397.6b | RM 98.3b | RM 40.0b | 9.4x | 9.9x | 4x |
| Mon, 23 Jun 2025 | RM 396.1b | RM 98.3b | RM 40.0b | 9.2x | 9.9x | 4x |
| Wed, 21 May 2025 | RM 416.1b | RM 97.2b | RM 39.9b | 9.6x | 10.4x | 4.3x |
| Fri, 18 Apr 2025 | RM 403.9b | RM 97.2b | RM 39.9b | 9.4x | 10.1x | 4.2x |
| Sun, 16 Mar 2025 | RM 422.7b | RM 97.2b | RM 39.9b | 9.8x | 10.6x | 4.4x |
| Tue, 11 Feb 2025 | RM 439.0b | RM 94.8b | RM 39.2b | 10.7x | 11.2x | 4.6x |
| Thu, 09 Jan 2025 | RM 429.5b | RM 94.8b | RM 39.2b | 10.8x | 10.9x | 4.5x |
| Sat, 07 Dec 2024 | RM 435.6b | RM 94.8b | RM 39.2b | 10.8x | 11.1x | 4.6x |
| Mon, 04 Nov 2024 | RM 430.5b | RM 92.4b | RM 38.2b | 10.8x | 11.3x | 4.7x |
| Wed, 02 Oct 2024 | RM 439.2b | RM 92.4b | RM 38.2b | 11x | 11.5x | 4.8x |
| Fri, 30 Aug 2024 | RM 441.3b | RM 91.3b | RM 37.6b | 10.8x | 11.8x | 4.8x |
| Sun, 28 Jul 2024 | RM 404.4b | RM 90.6b | RM 37.1b | 10x | 10.9x | 4.5x |
| Tue, 25 Jun 2024 | RM 389.8b | RM 90.6b | RM 37.1b | 9.8x | 10.5x | 4.3x |
| Thu, 23 May 2024 | RM 397.6b | RM 88.6b | RM 36.4b | 10.2x | 10.9x | 4.5x |
| Sat, 20 Apr 2024 | RM 386.6b | RM 88.5b | RM 36.5b | 10.2x | 10.6x | 4.4x |
| Mon, 18 Mar 2024 | RM 390.2b | RM 88.5b | RM 36.5b | 10.1x | 10.7x | 4.4x |
| Wed, 14 Feb 2024 | RM 386.2b | RM 89.9b | RM 36.2b | 10.3x | 10.7x | 4.3x |
| Fri, 12 Jan 2024 | RM 372.5b | RM 89.9b | RM 36.2b | 9.8x | 10.3x | 4.1x |
| Sun, 10 Dec 2023 | RM 368.7b | RM 89.9b | RM 36.2b | 10.1x | 10.2x | 4.1x |
| Tue, 07 Nov 2023 | RM 372.1b | RM 89.5b | RM 35.0b | 10.1x | 10.6x | 4.2x |
| Thu, 05 Oct 2023 | RM 358.2b | RM 89.5b | RM 35.0b | 9.4x | 10.2x | 4x |
| Sat, 02 Sep 2023 | RM 371.6b | RM 89.5b | RM 35.0b | 10x | 10.6x | 4.2x |
| Mon, 31 Jul 2023 | RM 365.3b | RM 88.1b | RM 33.7b | 10.4x | 10.8x | 4.1x |
| Wed, 28 Jun 2023 | RM 346.7b | RM 88.1b | RM 33.7b | 9.7x | 10.3x | 3.9x |
10.3x
Which industries have driven the changes within the Malaysian Financials industry?
| MY Market | 1.42% | |
| Financials | 2.83% | |
| Banks | 3.00% | |
| Diversified Banks | 3.03% | |
| Regional Banks | 0.78% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MAYBANK Malayan Banking Berhad | RM 11.18 | 4.3% +RM 5.6b | 15.7% | PB1.5x | |
| CIMB CIMB Group Holdings Berhad | RM 7.65 | 3.5% +RM 2.8b | 15.0% | PB1.2x | |
| PBBANK Public Bank Berhad | RM 4.95 | 2.5% +RM 2.3b | 17.6% | PB1.6x | |
| HLBANK Hong Leong Bank Berhad | RM 22.16 | 3.8% +RM 1.7b | 13.8% | PB1.1x | |
| HLFG Hong Leong Financial Group Berhad | RM 18.76 | 2.1% +RM 431.0m | 13.1% | PB0.6x |