Malaysian (KLSE) Banks Industry Analysis
UpdatedJul 24, 2024
DataAggregated Company Financials
Companies11
- 7D0.4%
- 3M2.8%
- 1Y11.4%
- YTD9.8%
Over the last 7 days, the Banks industry has remained flat. The past year has been better, since the industry has gained 11% in that time. As for the next few years, earnings are expected to grow by 5.5% 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 |
|---|---|---|---|---|---|---|
| Wed, 24 Jul 2024 | RM 404.1b | RM 90.6b | RM 37.1b | 10x | 10.9x | 4.5x |
| Fri, 21 Jun 2024 | RM 391.5b | RM 90.6b | RM 37.1b | 9.8x | 10.5x | 4.3x |
| Sun, 19 May 2024 | RM 396.5b | RM 88.5b | RM 36.5b | 10.4x | 10.9x | 4.5x |
| Tue, 16 Apr 2024 | RM 387.5b | RM 88.5b | RM 36.5b | 10.2x | 10.6x | 4.4x |
| Thu, 14 Mar 2024 | RM 389.2b | RM 88.5b | RM 36.5b | 10.2x | 10.7x | 4.4x |
| Sat, 10 Feb 2024 | RM 380.4b | RM 89.9b | RM 36.2b | 10x | 10.5x | 4.2x |
| Mon, 08 Jan 2024 | RM 373.8b | RM 89.9b | RM 36.2b | 9.8x | 10.3x | 4.2x |
| Wed, 06 Dec 2023 | RM 368.9b | RM 89.9b | RM 36.2b | 10.1x | 10.2x | 4.1x |
| Fri, 03 Nov 2023 | RM 367.1b | RM 89.5b | RM 35.0b | 9.9x | 10.5x | 4.1x |
| Sun, 01 Oct 2023 | RM 358.6b | RM 89.5b | RM 35.0b | 9.4x | 10.2x | 4x |
| Tue, 29 Aug 2023 | RM 365.1b | RM 88.1b | RM 33.6b | 10.5x | 10.9x | 4.1x |
| Thu, 27 Jul 2023 | RM 363.6b | RM 88.1b | RM 33.7b | 10.3x | 10.8x | 4.1x |
| Sat, 24 Jun 2023 | RM 348.1b | RM 88.1b | RM 33.7b | 9.8x | 10.3x | 3.9x |
| Mon, 22 May 2023 | RM 352.1b | RM 87.4b | RM 32.5b | 9.8x | 10.8x | 4x |
| Wed, 19 Apr 2023 | RM 354.5b | RM 87.5b | RM 32.6b | 9.7x | 10.9x | 4x |
| Fri, 17 Mar 2023 | RM 346.0b | RM 87.5b | RM 32.6b | 10x | 10.6x | 4x |
| Sun, 12 Feb 2023 | RM 363.0b | RM 84.4b | RM 30.9b | 12.1x | 11.7x | 4.3x |
| Tue, 10 Jan 2023 | RM 372.9b | RM 84.4b | RM 30.9b | 12.4x | 12x | 4.4x |
| Thu, 08 Dec 2022 | RM 371.6b | RM 84.4b | RM 30.9b | 12.2x | 12x | 4.4x |
| Sat, 05 Nov 2022 | RM 363.3b | RM 80.7b | RM 28.3b | 12.8x | 12.8x | 4.5x |
| Mon, 03 Oct 2022 | RM 357.4b | RM 80.7b | RM 28.3b | 12.8x | 12.6x | 4.4x |
| Wed, 31 Aug 2022 | RM 377.7b | RM 67.9b | RM 27.8b | 11.7x | 13.6x | 5.6x |
| Fri, 29 Jul 2022 | RM 371.5b | RM 79.1b | RM 28.1b | 9.6x | 13.2x | 4.7x |
| Sun, 26 Jun 2022 | RM 357.6b | RM 79.1b | RM 28.1b | 9.6x | 12.7x | 4.5x |
| Tue, 24 May 2022 | RM 369.7b | RM 79.1b | RM 24.5b | 11.4x | 15.1x | 4.7x |
| Thu, 21 Apr 2022 | RM 368.6b | RM 79.1b | RM 24.5b | 11.4x | 15x | 4.7x |
| Sat, 19 Mar 2022 | RM 372.4b | RM 79.1b | RM 24.5b | 11.4x | 15.2x | 4.7x |
| Mon, 14 Feb 2022 | RM 360.7b | RM 76.2b | RM 22.5b | 11.9x | 16x | 4.7x |
| Wed, 12 Jan 2022 | RM 357.8b | RM 76.2b | RM 22.5b | 11.7x | 15.9x | 4.7x |
| Fri, 10 Dec 2021 | RM 334.6b | RM 76.2b | RM 22.5b | 10.5x | 14.8x | 4.4x |
| Sun, 07 Nov 2021 | RM 334.0b | RM 75.0b | RM 23.0b | 11.4x | 14.5x | 4.5x |
| Tue, 05 Oct 2021 | RM 332.3b | RM 75.9b | RM 23.1b | 11.8x | 14.4x | 4.4x |
| Thu, 02 Sep 2021 | RM 337.8b | RM 75.9b | RM 23.1b | 11.9x | 14.6x | 4.5x |
| Sat, 31 Jul 2021 | RM 321.3b | RM 75.9b | RM 23.1b | 11x | 13.9x | 4.2x |
Price to Earnings Ratio
13.9x
Current Industry PE
- Investors are pessimistic on the Malaysian Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 10.9x which is lower than its 3-year average PE of 12.3x.
- 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 6.1% 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 | 0.0055% | |
| Financials | 0.40% | |
| Banks | 0.44% | |
| Regional Banks | 0.61% | |
| Diversified Banks | 0.44% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 12.1x.
- Analysts are expecting annual earnings decline of 0.7%, which is lower than the prior year's growth of 4.2% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 12.4x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 5.6% over the next 5 years.
- This is better than its past earnings growth rate of 3.4% per year.
- In contrast, the Regional Banks industry is expected to see its earnings growth to stay flat 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 7.20 | 0.8% +RM 641.9m | 31.4% | PB1.1x | |
| MAYBANK Malayan Banking Berhad | RM 10.12 | 0.4% +RM 482.7m | 12.4% | PB1.3x | |
| AMBANK AMMB Holdings Berhad | RM 4.47 | 1.4% +RM 198.3m | 17.6% | PB0.8x | |
| PBBANK Public Bank Berhad | RM 4.18 | 0.2% +RM 194.1m | 2.5% | PB1.5x | |
| ABMB Alliance Bank Malaysia Berhad | RM 4.05 | 1.0% +RM 61.9m | 16.7% | PB0.9x |