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Malaysian (KLSE) Healthcare Sector Analysis

UpdatedSep 04, 2025
DataAggregated Company Financials
Companies32
  • 7D0.02%
  • 3M-6.4%
  • 1Y-3.8%
  • YTD-20.9%

Over the last 7 days, the Healthcare industry has remained flat, although notably KPJ Healthcare Berhad declined by 9.2%. Unfortunately though, the industry is down 3.8% over the past 12 months. Earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 04 Sep 2025RM 94.2bRM 42.6bRM 2.7b22.6x34.6x2.2x
Sat, 02 Aug 2025RM 94.6bRM 42.4bRM 3.0b24.1x31.7x2.2x
Mon, 30 Jun 2025RM 95.5bRM 42.3bRM 3.0b23.1x32.2x2.3x
Wed, 28 May 2025RM 101.3bRM 41.6bRM 3.1b22.9x32.2x2.4x
Fri, 25 Apr 2025RM 101.6bRM 41.3bRM 3.2b22.8x32.1x2.5x
Sun, 23 Mar 2025RM 101.4bRM 41.3bRM 3.2b21.3x32x2.5x
Tue, 18 Feb 2025RM 113.5bRM 38.9bRM 3.0b21.8x37.3x2.9x
Thu, 16 Jan 2025RM 111.2bRM 39.0bRM 3.1b21.3x36.4x2.9x
Sat, 14 Dec 2024RM 117.0bRM 38.5bRM 3.0b22.7x39.1x3x
Mon, 11 Nov 2024RM 110.0bRM 38.1bRM 3.1b21.7x35.2x2.9x
Wed, 09 Oct 2024RM 107.9bRM 37.7bRM 2.7b23.8x40.5x2.9x
Fri, 06 Sep 2024RM 97.8bRM 37.7bRM 2.7b21.8x36.9x2.6x
Sun, 04 Aug 2024RM 97.3bRM 36.1bRM 2.5b23.6x38.2x2.7x
Tue, 02 Jul 2024RM 102.5bRM 36.1bRM 2.5b23.8x40.3x2.8x
Thu, 30 May 2024RM 100.2bRM 35.1bRM 3.0b22.4x33.4x2.9x
Sat, 27 Apr 2024RM 97.1bRM 35.0bRM 2.6b21.5x37.9x2.8x
Mon, 25 Mar 2024RM 93.7bRM 35.0bRM 2.6b21.9x36.5x2.7x
Wed, 21 Feb 2024RM 94.0bRM 35.5bRM 1.8b19.3x52.5x2.6x
Fri, 19 Jan 2024RM 92.0bRM 35.5bRM 1.7b22.7x53.8x2.6x
Sun, 17 Dec 2023RM 91.4bRM 35.7bRM 1.6b23x57.2x2.6x
Tue, 14 Nov 2023RM 86.1bRM 33.5bRM 1.3b24.4x68.8x2.6x
Thu, 12 Oct 2023RM 84.7bRM 33.7bRM 1.2b23.6x68.1x2.5x
Sat, 09 Sep 2023RM 85.1bRM 34.2bRM 1.6b23.8x51.6x2.5x
Mon, 07 Aug 2023RM 87.5bRM 34.4bRM 1.9b22x46.7x2.5x
Wed, 05 Jul 2023RM 83.8bRM 34.6bRM 2.0b21.3x42.5x2.4x
Fri, 02 Jun 2023RM 87.3bRM 36.6bRM 2.1b21.1x41.6x2.4x
Sun, 30 Apr 2023RM 84.0bRM 35.5bRM 1.5b19.9x56.3x2.4x
Tue, 28 Mar 2023RM 84.8bRM 35.5bRM 1.5b21.1x56.9x2.4x
Thu, 23 Feb 2023RM 84.5bRM 40.4bRM 2.6b18.6x32.2x2.1x
Sat, 21 Jan 2023RM 84.3bRM 41.6bRM 3.3b18.9x25.7x2x
Mon, 19 Dec 2022RM 81.0bRM 41.6bRM 3.3b19x24.6x1.9x
Wed, 16 Nov 2022RM 85.9bRM 44.7bRM 4.6b19.4x18.6x1.9x
Fri, 14 Oct 2022RM 78.5bRM 46.9bRM 6.0b12x13x1.7x
Sun, 11 Sep 2022RM 85.0bRM 47.9bRM 6.5b12.1x13x1.8x
Price to Earnings Ratio

13x


Total Market Cap: RM 85.0bTotal Earnings: RM 6.5bTotal Revenue: RM 47.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Sector Price to Earnings3Y Average 40x202320242025
Current Industry PE
  • Investors are pessimistic on the Malaysian Healthcare 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 34.6x which is lower than its 3-year average PE of 40.0x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 25% per year over the last three years,
  • Revenues have also declined 3.8% 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-0.33%
Healthcare0.024%
Medical Equipment1.51%
Life Sciences0%0
Healthcare Services-0.20%
Pharma-0.66%
Healthtech-13.33%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 25.2x.
    • Analysts are expecting annual earnings growth of 10.0%, which is higher than its past year's earnings decline of 2.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 49% 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 10.0% 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 6.911.8%
+RM 1.1b
7.3%PE27.5x
TOPGLOV Top Glove Corporation BhdRM 0.612.5%
+RM 120.3m
-37.1%PE76.6x
ALPHA Alpha IVF Group BerhadRM 0.303.4%
+RM 48.6m
-6.2%PE25.8x
PHARMA Pharmaniaga BerhadRM 0.182.9%
+RM 32.8m
-52.6%PE8.6x
DPHARMA Duopharma Biotech BerhadRM 1.360.7%
+RM 9.6m
15.3%PE17.1x

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