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Malaysian (KLSE) Healthcare Sector Analysis

UpdatedOct 21, 2025
DataAggregated Company Financials
Companies32
  • 7D2.0%
  • 3M16.7%
  • 1Y-0.6%
  • YTD-8.6%

Over the last 7 days, the Healthcare industry has risen 2.4%, driven by gains from IHH Healthcare Berhad of 3.9%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

Has the Malaysian Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Oct 2025RM 108.9bRM 42.6bRM 2.8b25.9x39.1x2.6x
Thu, 18 Sep 2025RM 98.0bRM 42.6bRM 2.7b24.6x36x2.3x
Sat, 16 Aug 2025RM 95.0bRM 42.4bRM 3.0b23.9x32x2.2x
Mon, 14 Jul 2025RM 94.4bRM 42.4bRM 3.0b22.4x31.7x2.2x
Wed, 11 Jun 2025RM 100.9bRM 42.1bRM 3.0b22.9x33.8x2.4x
Fri, 09 May 2025RM 103.7bRM 41.4bRM 3.2b23.3x32.8x2.5x
Sun, 06 Apr 2025RM 99.9bRM 41.3bRM 3.2b21.3x31.5x2.4x
Tue, 04 Mar 2025RM 107.4bRM 41.0bRM 3.1b22.1x34.8x2.6x
Thu, 30 Jan 2025RM 111.2bRM 39.0bRM 3.1b21.2x36.4x2.9x
Sat, 28 Dec 2024RM 118.3bRM 39.0bRM 3.1b22.1x38.7x3x
Mon, 25 Nov 2024RM 112.0bRM 38.5bRM 3.1b22.6x36.5x2.9x
Wed, 23 Oct 2024RM 109.4bRM 38.1bRM 3.1b23.4x35x2.9x
Fri, 20 Sep 2024RM 107.8bRM 37.7bRM 2.7b23.8x40.5x2.9x
Sun, 18 Aug 2024RM 97.3bRM 36.3bRM 2.6b22.1x36.9x2.7x
Tue, 16 Jul 2024RM 104.1bRM 36.1bRM 2.5b24x40.9x2.9x
Thu, 13 Jun 2024RM 102.4bRM 36.0bRM 2.4b23.5x43.4x2.8x
Sat, 11 May 2024RM 100.9bRM 35.0bRM 2.6b21.5x39.4x2.9x
Mon, 08 Apr 2024RM 95.5bRM 35.0bRM 2.6b21.9x37.2x2.7x
Wed, 06 Mar 2024RM 90.5bRM 34.9bRM 2.4b20.9x37.7x2.6x
Fri, 02 Feb 2024RM 94.2bRM 35.5bRM 1.7b21x55x2.7x
Sun, 31 Dec 2023RM 92.0bRM 35.5bRM 1.7b23x53.8x2.6x
Tue, 28 Nov 2023RM 88.1bRM 33.3bRM 1.3b24.3x68.7x2.6x
Thu, 26 Oct 2023RM 85.0bRM 33.7bRM 1.3b24.4x68x2.5x
Sat, 23 Sep 2023RM 85.9bRM 34.2bRM 1.7b24.1x52x2.5x
Mon, 21 Aug 2023RM 86.0bRM 34.0bRM 1.7b22x49.6x2.5x
Wed, 19 Jul 2023RM 85.0bRM 34.6bRM 1.9b21.3x44.5x2.5x
Fri, 16 Jun 2023RM 86.7bRM 35.6bRM 2.1b21.8x40.8x2.4x
Sun, 14 May 2023RM 87.3bRM 34.8bRM 1.3b21.7x68.2x2.5x
Tue, 11 Apr 2023RM 87.5bRM 35.5bRM 1.5b21.9x58.6x2.5x
Thu, 09 Mar 2023RM 82.3bRM 36.3bRM 1.7b19.9x47.3x2.3x
Sat, 04 Feb 2023RM 85.2bRM 41.6bRM 3.2b18.7x26.3x2x
Mon, 02 Jan 2023RM 87.8bRM 41.6bRM 3.3b19.4x26.8x2.1x
Wed, 30 Nov 2022RM 84.5bRM 42.4bRM 3.9b20.4x21.5x2x
Fri, 28 Oct 2022RM 83.9bRM 46.9bRM 6.0b11.8x13.9x1.8x
Price to Earnings Ratio

13.9x


Total Market Cap: RM 83.9bTotal Earnings: RM 6.0bTotal Revenue: RM 46.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Sector Price to Earnings3Y Average 41x202320242025
Current Industry PE
  • Investors are relatively neutral on the Malaysian Healthcare 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 41.0x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 23% per year over the last three years,
  • Revenues have also declined 3.1% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Malaysian Healthcare sector?

MY Market-0.36%
Healthcare2.01%
Life Sciences12.20%
Healthcare Services3.25%
Pharma-2.53%
Medical Equipment-3.78%
Healthtech-10.53%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 25.5x.
    • Analysts are expecting annual earnings growth of 8.9%, which is higher than its past year's earnings decline of 3.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings decline of 13% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 8.9% 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
IHH IHH Healthcare BerhadRM 8.303.1%
+RM 2.2b		14.8%PE33x
KPJ KPJ Healthcare BerhadRM 2.881.8%
+RM 218.2m		34.6%PE36.8x
HARTA Hartalega Holdings BerhadRM 1.262.4%
+RM 102.4m		-60.0%PE77.9x
PHARMA Pharmaniaga BerhadRM 0.285.8%
+RM 98.4m		-28.6%PE13.2x
KOSSAN Kossan Rubber Industries BhdRM 1.271.6%
+RM 50.6m		-40.7%PE26.3x

Latest News

KPJ
RM 2.88
KPJ Healthcare Berhad
7D
1.8%
1Y
34.6%

Returns Are Gaining Momentum At KPJ Healthcare Berhad (KLSE:KPJ)

Oct 13
Returns Are Gaining Momentum At KPJ Healthcare Berhad (KLSE:KPJ)
G3
RM 0.02
G3 Global Berhad
7D
33.3%
1Y
-20.0%

A Piece Of The Puzzle Missing From G3 Global Berhad's (KLSE:G3) 33% Share Price Climb

Oct 10
A Piece Of The Puzzle Missing From G3 Global Berhad's (KLSE:G3) 33% Share Price Climb
KOSSAN
RM 1.27
Kossan Rubber Industries Bhd
7D
1.6%
1Y
-40.7%

Kossan Rubber Industries Bhd (KLSE:KOSSAN) May Have Issues Allocating Its Capital

Oct 09
Kossan Rubber Industries Bhd (KLSE:KOSSAN) May Have Issues Allocating Its Capital
HARTA
RM 1.26
Hartalega Holdings Berhad
7D
2.4%
1Y
-60.0%
IHH
RM 8.30
IHH Healthcare Berhad
7D
3.1%
1Y
14.8%
KOTRA
RM 4.18
Kotra Industries Berhad
7D
-0.2%
1Y
-3.9%
ALPHA
RM 0.33
Alpha IVF Group Berhad
7D
-1.5%
1Y
-8.3%
TMCLIFE
RM 0.45
TMC Life Sciences Berhad
7D
3.5%
1Y
-18.3%
DCHCARE
RM 0.12
DC Healthcare Holdings Berhad
7D
-4.0%
1Y
-33.3%
HONGSENG
RM 0.005
Hong Seng Consolidated Berhad
7D
-50.0%
1Y
-50.0%
ADVENTA
RM 0.20
Adventa Berhad
7D
-4.7%
1Y
-28.1%
METRO
RM 0.23
Metro Healthcare Berhad
7D
2.2%
1Y
n/a
AHEALTH
RM 2.42
Apex Healthcare Berhad
7D
-1.6%
1Y
-10.4%
FOCUSP
RM 0.53
Focus Point Holdings Berhad
7D
-0.9%
1Y
-13.6%
RHONEMA
RM 0.70
Rhone Ma Holdings Berhad
7D
-2.1%
1Y
-0.7%
PHARMA
RM 0.28
Pharmaniaga Berhad
7D
5.8%
1Y
-28.6%