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Malaysian (KLSE) Healthcare Services Industry Analysis

UpdatedJun 24, 2026
DataAggregated Company Financials
Companies18
  • 7D-1.4%
  • 3M-6.9%
  • 1Y27.2%
  • YTD0.7%

Over the last 7 days, the Healthcare Services industry has dropped 1.4%, driven by a pullback from IHH Healthcare Berhad of 2.6%. In the past year, the industry has gained 27%. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the Malaysian Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Jun 2026RM 116.1bRM 38.4bRM 3.0b26.1x39.1x3x
Fri, 22 May 2026RM 120.0bRM 37.9bRM 2.9b23.7x40.7x3.2x
Sun, 19 Apr 2026RM 118.3bRM 37.8bRM 3.0b23.6x40.1x3.1x
Tue, 17 Mar 2026RM 98.4bRM 35.6bRM 2.7b24.6x36.4x2.8x
Thu, 12 Feb 2026RM 95.9bRM 35.6bRM 2.9b23.3x33.6x2.7x
Sat, 10 Jan 2026RM 93.5bRM 35.6bRM 2.9b25x32.6x2.6x
Mon, 08 Dec 2025RM 91.0bRM 35.4bRM 2.9b24.4x31.9x2.6x
Wed, 05 Nov 2025RM 89.5bRM 30.5bRM 2.7b25.9x33.5x2.9x
Fri, 03 Oct 2025RM 89.3bRM 30.5bRM 2.7b27.6x33.4x2.9x
Sun, 31 Aug 2025RM 75.4bRM 30.2bRM 2.9b22.2x26.3x2.5x
Tue, 29 Jul 2025RM 73.9bRM 30.1bRM 2.9b22.6x25.9x2.5x
Thu, 26 Jun 2025RM 73.9bRM 30.0bRM 2.8b24.1x26x2.5x
Sat, 24 May 2025RM 77.3bRM 29.6bRM 3.0b24x25.5x2.6x
Mon, 21 Apr 2025RM 76.2bRM 29.6bRM 3.0b23.6x25.2x2.6x
Wed, 19 Mar 2025RM 77.8bRM 29.6bRM 3.0b24.7x25.7x2.6x
Fri, 14 Feb 2025RM 78.4bRM 28.1bRM 3.0b24.3x26x2.8x
Sun, 12 Jan 2025RM 76.8bRM 28.1bRM 3.0b25.4x25.4x2.7x
Tue, 10 Dec 2024RM 80.5bRM 28.0bRM 3.0b26.4x26.6x2.9x
Thu, 07 Nov 2024RM 77.2bRM 28.0bRM 3.0b24.3x25.5x2.8x
Sat, 05 Oct 2024RM 77.0bRM 28.0bRM 3.0b24.3x25.4x2.7x
Mon, 02 Sep 2024RM 67.7bRM 28.0bRM 3.0b24.2x22.3x2.4x
Wed, 31 Jul 2024RM 67.2bRM 26.5bRM 2.7b26.1x24.6x2.5x
Fri, 28 Jun 2024RM 68.0bRM 26.5bRM 2.7b27.6x24.9x2.6x
Sun, 26 May 2024RM 68.5bRM 25.6bRM 3.4b28.1x20.3x2.7x
Tue, 23 Apr 2024RM 66.7bRM 25.5bRM 3.4b26.8x19.7x2.6x
Thu, 21 Mar 2024RM 64.0bRM 25.4bRM 3.3b25.6x19.2x2.5x
Sat, 17 Feb 2024RM 64.7bRM 25.8bRM 2.8b23.9x23.3x2.5x
Mon, 15 Jan 2024RM 63.2bRM 25.8bRM 2.8b24.9x22.8x2.4x
Wed, 13 Dec 2023RM 61.4bRM 25.8bRM 2.8b25.3x22.2x2.4x
Fri, 10 Nov 2023RM 61.6bRM 23.4bRM 2.4b25.5x25.3x2.6x
Sun, 08 Oct 2023RM 60.1bRM 23.4bRM 2.4b25.3x24.7x2.6x
Tue, 05 Sep 2023RM 61.0bRM 23.4bRM 2.4b26.3x25.1x2.6x
Thu, 03 Aug 2023RM 61.2bRM 23.0bRM 2.7b24.7x22.4x2.7x
Sat, 01 Jul 2023RM 60.1bRM 22.9bRM 2.7b24.2x21.9x2.6x
Price to Earnings Ratio

21.9x


Total Market Cap: RM 60.1bTotal Earnings: RM 2.7bTotal Revenue: RM 22.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Services Industry Price to Earnings3Y Average 27.2x202420252026
Current Industry PE
  • Investors are optimistic on the Malaysian Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 39.1x which is higher than its 3-year average PE of 27.2x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 2.7% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Healthcare industry?

MY Market-1.38%
Healthcare-1.88%
Healthcare Services-1.37%
Healthcare Distributors0.79%
Healthcare Facilities-1.41%
Healthcare Services-1.60%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio of 26.7x.
    • Analysts are expecting annual earnings growth of 14.6%, which is higher than its past year's earnings decline of 5.5% per year.
  • Investors are most pessimistic about the Healthcare Services industry, which is trading below its 3-year average of 120x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings decline of 9.0% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 15% 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
SUNMED Sunway Healthcare Holdings BerhadRM 1.821.7%
+RM 345.0m		n/aPE84.8x
KPJ KPJ Healthcare BerhadRM 3.200.6%
+RM 88.5m		27.0%PE37.4x
G3 G3 Global BerhadRM 0.01550.0%
+RM 20.8m		0%PS9.3x
PHARMA Pharmaniaga BerhadRM 1.190.8%
+RM 13.1m		3.5%PE31x
DCHCARE DC Healthcare Holdings BerhadRM 0.1010.5%
+RM 10.0m		-22.2%PE90x

Latest News

KPJ
RM 3.25
KPJ Healthcare Berhad
7D
2.2%
1Y
27.0%
DCHCARE
RM 0.10
DC Healthcare Holdings Berhad
7D
10.5%
1Y
-22.2%
IHH
RM 8.73
IHH Healthcare Berhad
7D
-0.7%
1Y
30.3%
Narrative Update • Jun 16

IHH: Steady Margins And Stable Assumptions Will Support Bullish Outlook

Analysts have reaffirmed their MYR price target for IHH Healthcare Berhad at roughly MYR 10.13, citing updated assumptions around revenue growth, profit margins, and future P/E that remain broadly in line with previous forecasts. What's in the News for IHH Healthcare Berhad IHH Healthcare Berhad reported property, plant and equipment written off of MYR 1 million for the first quarter ended March 31, 2026, in line with the MYR 1 million written off in the same period a year earlier.
CENGILD
RM 0.20
Cengild Medical Berhad
7D
5.1%
1Y
-8.9%
Analysis Article • Jun 02

Cengild Medical Berhad's (KLSE:CENGILD) Weak Earnings May Only Reveal A Part Of The Whole Picture

The market wasn't impressed with the soft earnings from Cengild Medical Berhad ( KLSE:CENGILD ) recently. We did some...
OPTIMAX
RM 0.52
Optimax Holdings Berhad
7D
-1.0%
1Y
2.0%
FOCUSP
RM 0.52
Focus Point Holdings Berhad
7D
3.0%
1Y
-6.3%
TMCLIFE
RM 0.46
TMC Life Sciences Berhad
7D
2.2%
1Y
8.3%
SUNMED
RM 1.81
Sunway Healthcare Holdings Berhad
7D
1.1%
1Y
n/a
METRO
RM 0.21
Metro Healthcare Berhad
7D
-2.3%
1Y
7.5%
G3
RM 0.015
G3 Global Berhad
7D
50.0%
1Y
0%
LACMED
RM 0.74
LAC Med Berhad
7D
-0.7%
1Y
n/a
PHARMA
RM 1.19
Pharmaniaga Berhad
7D
0.8%
1Y
5.8%
HONGSENG
RM 0.01
Hong Seng Consolidated Berhad
7D
-33.3%
1Y
100.0%