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Malaysian (KLSE) Healthcare Services Industry Analysis

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies18
  • 7D2.5%
  • 3M8.3%
  • 1Y28.8%
  • YTD6.5%

The Healthcare Services industry has been flat over the last week, but DC Healthcare Holdings Berhad has lost 4.2%. The past year has been better, since the industry has gained 30% in that time. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Mar 2026RM 122.8bRM 37.7bRM 2.9b25.3x42.1x3.3x
Mon, 16 Feb 2026RM 96.6bRM 35.6bRM 2.9b23.9x33.8x2.7x
Wed, 14 Jan 2026RM 93.9bRM 35.6bRM 2.9b24.5x32.7x2.6x
Fri, 12 Dec 2025RM 91.5bRM 35.6bRM 2.9b23.1x31.9x2.6x
Sun, 09 Nov 2025RM 89.0bRM 30.5bRM 2.7b25.6x33.3x2.9x
Tue, 07 Oct 2025RM 90.3bRM 30.5bRM 2.7b27.5x33.8x3x
Thu, 04 Sep 2025RM 75.6bRM 30.5bRM 2.7b23.8x28.3x2.5x
Sat, 02 Aug 2025RM 74.4bRM 30.1bRM 2.9b22.9x26x2.5x
Mon, 30 Jun 2025RM 74.1bRM 30.0bRM 2.8b24.1x26x2.5x
Wed, 28 May 2025RM 77.4bRM 29.6bRM 3.0b23.7x25.6x2.6x
Fri, 25 Apr 2025RM 76.1bRM 29.6bRM 3.0b23.7x25.1x2.6x
Sun, 23 Mar 2025RM 76.0bRM 29.6bRM 3.0b24.9x25.1x2.6x
Tue, 18 Feb 2025RM 78.8bRM 28.1bRM 3.0b24.3x26.1x2.8x
Thu, 16 Jan 2025RM 76.6bRM 28.1bRM 3.0b24.5x25.3x2.7x
Sat, 14 Dec 2024RM 77.8bRM 28.0bRM 3.0b25.8x25.7x2.8x
Mon, 11 Nov 2024RM 77.0bRM 28.0bRM 3.0b25x25.4x2.7x
Wed, 09 Oct 2024RM 77.3bRM 28.0bRM 3.0b24.4x25.5x2.8x
Fri, 06 Sep 2024RM 69.3bRM 28.0bRM 3.0b23.7x22.9x2.5x
Sun, 04 Aug 2024RM 67.3bRM 26.5bRM 2.7b25.9x24.6x2.5x
Tue, 02 Jul 2024RM 68.3bRM 26.5bRM 2.7b27.6x25x2.6x
Thu, 30 May 2024RM 67.4bRM 25.6bRM 3.4b27.4x19.9x2.6x
Sat, 27 Apr 2024RM 68.3bRM 25.5bRM 3.4b27.5x20.2x2.7x
Mon, 25 Mar 2024RM 65.8bRM 25.5bRM 3.4b27x19.4x2.6x
Wed, 21 Feb 2024RM 64.7bRM 25.9bRM 2.8b24.1x23.2x2.5x
Fri, 19 Jan 2024RM 62.4bRM 25.8bRM 2.8b23.9x22.5x2.4x
Sun, 17 Dec 2023RM 62.6bRM 25.8bRM 2.8b25.1x22.6x2.4x
Tue, 14 Nov 2023RM 60.9bRM 23.4bRM 2.4b25.1x25x2.6x
Thu, 12 Oct 2023RM 61.2bRM 23.4bRM 2.4b25.1x25.1x2.6x
Sat, 09 Sep 2023RM 60.7bRM 23.4bRM 2.4b25.9x25x2.6x
Mon, 07 Aug 2023RM 61.8bRM 23.0bRM 2.7b25.1x22.6x2.7x
Wed, 05 Jul 2023RM 59.6bRM 23.0bRM 2.7b24.2x21.8x2.6x
Fri, 02 Jun 2023RM 58.8bRM 23.9bRM 2.7b25.1x21.6x2.5x
Sun, 30 Apr 2023RM 58.9bRM 21.9bRM 1.8b27.8x32.1x2.7x
Tue, 28 Mar 2023RM 59.0bRM 21.9bRM 1.8b28.1x32.1x2.7x
Price to Earnings Ratio

32.1x


Total Market Cap: RM 59.0bTotal Earnings: RM 1.8bTotal Revenue: RM 21.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Healthcare Services Industry Price to Earnings3Y Average 26.3x202420252026
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 42.1x which is higher than its 3-year average PE of 26.3x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 20% 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 Market0.96%
Healthcare1.62%
Healthcare Services2.54%
Healthcare Distributors5.93%
Healthcare Facilities2.52%
Healthcare Services1.03%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio of 25.7x.
    • Analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings decline of 12.9% per year.
  • Investors are most pessimistic about the Healthcare Services industry, which is trading below its 3-year average of 119x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 2.2% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 13% 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 9.032.3%
+RM 1.8b
30.9%PE38x
KPJ KPJ Healthcare BerhadRM 3.453.9%
+RM 575.4m
32.7%PE41.7x
PHARMA Pharmaniaga BerhadRM 0.266.1%
+RM 98.4m
2.0%PE35.1x
TMCLIFE TMC Life Sciences BerhadRM 0.503.1%
+RM 26.1m
22.0%PE69.2x
LACMED LAC Med BerhadRM 0.815.8%
+RM 18.0m
n/aPE14.9x

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