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Malaysian (KLSE) Healthcare Services Industry Analysis

UpdatedMar 18, 2026
DataAggregated Company Financials
Companies18
  • 7D-0.3%
  • 3M6.7%
  • 1Y24.5%
  • YTD5.1%

Last week, the Healthcare Services industry hasn't moved much but IHH Healthcare Berhad is up 4.4% in that time. As for the the longer term, the industry is up 24% over the past 12 months. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Mar 2026RM 116.4bRM 37.7bRM 2.9b25.3x39.9x3.1x
Sat, 14 Feb 2026RM 96.6bRM 35.6bRM 2.9b23.9x33.8x2.7x
Mon, 12 Jan 2026RM 93.5bRM 35.6bRM 2.9b25x32.6x2.6x
Wed, 10 Dec 2025RM 92.4bRM 35.6bRM 2.9b24.2x32.2x2.6x
Fri, 07 Nov 2025RM 88.5bRM 30.5bRM 2.7b26x33.1x2.9x
Sun, 05 Oct 2025RM 88.2bRM 30.5bRM 2.7b27.5x33x2.9x
Tue, 02 Sep 2025RM 75.4bRM 30.4bRM 2.7b23.8x28.2x2.5x
Thu, 31 Jul 2025RM 73.6bRM 30.1bRM 2.9b22.5x25.7x2.4x
Sat, 28 Jun 2025RM 74.1bRM 30.0bRM 2.8b24.1x26x2.5x
Mon, 26 May 2025RM 77.3bRM 29.6bRM 3.0b24x25.6x2.6x
Wed, 23 Apr 2025RM 75.3bRM 29.6bRM 3.0b23.5x24.9x2.5x
Fri, 21 Mar 2025RM 75.3bRM 29.6bRM 3.0b24.2x24.9x2.5x
Sun, 16 Feb 2025RM 78.9bRM 28.1bRM 3.0b24.3x26.2x2.8x
Tue, 14 Jan 2025RM 77.1bRM 28.1bRM 3.0b24.8x25.5x2.7x
Thu, 12 Dec 2024RM 77.2bRM 28.0bRM 3.0b26.4x25.5x2.8x
Sat, 09 Nov 2024RM 77.0bRM 28.0bRM 3.0b25x25.4x2.7x
Mon, 07 Oct 2024RM 77.0bRM 28.0bRM 3.0b24.3x25.4x2.7x
Wed, 04 Sep 2024RM 68.7bRM 28.0bRM 3.0b24.2x22.7x2.5x
Fri, 02 Aug 2024RM 68.2bRM 26.5bRM 2.7b26.2x24.9x2.6x
Sun, 30 Jun 2024RM 68.3bRM 26.5bRM 2.7b27.7x25x2.6x
Tue, 28 May 2024RM 68.6bRM 25.6bRM 3.4b27.9x20.3x2.7x
Thu, 25 Apr 2024RM 67.8bRM 25.5bRM 3.4b27.2x20x2.7x
Sat, 23 Mar 2024RM 65.8bRM 25.5bRM 3.4b27x19.4x2.6x
Mon, 19 Feb 2024RM 64.7bRM 25.9bRM 2.8b23.9x23.2x2.5x
Wed, 17 Jan 2024RM 62.9bRM 25.8bRM 2.8b24.9x22.7x2.4x
Fri, 15 Dec 2023RM 61.7bRM 25.8bRM 2.8b25.1x22.3x2.4x
Sun, 12 Nov 2023RM 60.9bRM 23.4bRM 2.4b25.1x25x2.6x
Tue, 10 Oct 2023RM 59.9bRM 23.4bRM 2.4b25.3x24.6x2.6x
Thu, 07 Sep 2023RM 60.7bRM 23.4bRM 2.4b26.3x25x2.6x
Sat, 05 Aug 2023RM 61.8bRM 23.0bRM 2.7b25.1x22.6x2.7x
Mon, 03 Jul 2023RM 60.1bRM 22.9bRM 2.7b24.2x21.9x2.6x
Wed, 31 May 2023RM 59.0bRM 21.8bRM 1.8b28.4x32.9x2.7x
Fri, 28 Apr 2023RM 59.2bRM 21.9bRM 1.8b27.6x32.2x2.7x
Sun, 26 Mar 2023RM 59.3bRM 21.9bRM 1.8b27.8x32.3x2.7x
Price to Earnings Ratio

32.3x


Total Market Cap: RM 59.3bTotal 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 39.9x 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 3.1x.
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 Market0.53%
Healthcare0.40%
Healthcare Services-0.31%
Healthcare Distributors11.63%
Healthcare Services2.67%
Healthcare Facilities-0.66%
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 13.8%, 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 27% 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 14% 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 9.394.4%
+RM 3.5b		32.3%PE39.5x
KPJ KPJ Healthcare BerhadRM 3.505.7%
+RM 865.7m		31.1%PE42.3x
PHARMA Pharmaniaga BerhadRM 0.278.2%
+RM 131.1m		-7.0%PE35.8x
ALPHA Alpha IVF Group BerhadRM 0.285.6%
+RM 72.8m		-6.6%PE25x
G3 G3 Global BerhadRM 0.01550.0%
+RM 20.8m		0%PS8.2x

Latest News

UMC
RM 0.32
UMediC Group Berhad
7D
4.9%
1Y
-28.9%
METRO
RM 0.22
Metro Healthcare Berhad
7D
2.3%
1Y
7.3%
IHH
RM 9.39
IHH Healthcare Berhad
7D
4.4%
1Y
32.3%
KPJ
RM 3.50
KPJ Healthcare Berhad
7D
5.7%
1Y
31.1%
OPTIMAX
RM 0.54
Optimax Holdings Berhad
7D
-0.9%
1Y
5.9%
ALPHA
RM 0.28
Alpha IVF Group Berhad
7D
5.6%
1Y
-6.6%
G3
RM 0.015
G3 Global Berhad
7D
50.0%
1Y
0%
TMCLIFE
RM 0.50
TMC Life Sciences Berhad
7D
-2.9%
1Y
25.0%
CENGILD
RM 0.23
Cengild Medical Berhad
7D
4.5%
1Y
-9.8%
PHARMA
RM 0.27
Pharmaniaga Berhad
7D
8.2%
1Y
-7.0%