Analysis Article • May 28

Over the last 7 days, the Construction industry has risen 3.8%, driven by gains from Gamuda Berhad of 4.0%. In the last 12 months, the industry was up 7.5%. Looking forward, earnings are forecast to grow by 21% annually.
Has the Malaysian Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Jun 2026 | RM 85.6b | RM 73.2b | RM 2.9b | 15.2x | 29.8x | 1.2x |
| Wed, 20 May 2026 | RM 81.7b | RM 71.9b | RM 2.8b | 16.1x | 28.7x | 1.1x |
| Fri, 17 Apr 2026 | RM 79.6b | RM 72.4b | RM 2.8b | 15.8x | 28.2x | 1.1x |
| Sun, 15 Mar 2026 | RM 76.8b | RM 72.3b | RM 2.8b | 14.3x | 27.3x | 1.1x |
| Tue, 10 Feb 2026 | RM 77.0b | RM 71.3b | RM 3.5b | 11.8x | 21.8x | 1.1x |
| Thu, 08 Jan 2026 | RM 83.5b | RM 71.1b | RM 3.7b | 12.8x | 22.4x | 1.2x |
| Sat, 06 Dec 2025 | RM 83.3b | RM 71.2b | RM 3.7b | 12.3x | 22.6x | 1.2x |
| Mon, 03 Nov 2025 | RM 84.9b | RM 68.9b | RM 3.5b | 14.2x | 24.1x | 1.2x |
| Wed, 01 Oct 2025 | RM 88.3b | RM 68.7b | RM 3.5b | 15.4x | 25.1x | 1.3x |
| Fri, 29 Aug 2025 | RM 86.8b | RM 67.9b | RM 3.3b | 15x | 26.6x | 1.3x |
| Sun, 27 Jul 2025 | RM 81.5b | RM 66.5b | RM 3.0b | 14.6x | 26.8x | 1.2x |
| Tue, 24 Jun 2025 | RM 74.5b | RM 65.3b | RM 3.0b | 13.4x | 24.8x | 1.1x |
| Thu, 22 May 2025 | RM 72.6b | RM 63.6b | RM 3.3b | 14.6x | 21.8x | 1.1x |
| Sat, 19 Apr 2025 | RM 65.5b | RM 62.6b | RM 3.2b | 14.2x | 20.4x | 1x |
| Mon, 17 Mar 2025 | RM 65.9b | RM 61.7b | RM 3.2b | 15x | 20.7x | 1.1x |
| Wed, 12 Feb 2025 | RM 72.1b | RM 60.7b | RM 2.4b | 17.7x | 29.7x | 1.2x |
| Fri, 10 Jan 2025 | RM 79.0b | RM 60.3b | RM 2.5b | 19x | 32.2x | 1.3x |
| Sun, 08 Dec 2024 | RM 74.9b | RM 58.9b | RM 2.4b | 17.8x | 30.8x | 1.3x |
| Tue, 05 Nov 2024 | RM 71.4b | RM 57.8b | RM 2.0b | 18.3x | 36.1x | 1.2x |
| Thu, 03 Oct 2024 | RM 69.8b | RM 57.7b | RM 2.0b | 20.5x | 35.5x | 1.2x |
| Sat, 31 Aug 2024 | RM 67.1b | RM 56.4b | RM 1.8b | 20.4x | 37x | 1.2x |
| Mon, 29 Jul 2024 | RM 73.9b | RM 55.1b | RM 1.5b | 27.3x | 48x | 1.3x |
| Wed, 26 Jun 2024 | RM 63.6b | RM 54.7b | RM 1.4b | 24.7x | 46.9x | 1.2x |
| Fri, 24 May 2024 | RM 59.3b | RM 53.9b | RM 955.9m | 24.3x | 62x | 1.1x |
| Sun, 21 Apr 2024 | RM 52.7b | RM 53.7b | RM 923.3m | 21.3x | 57.1x | 1x |
| Tue, 19 Mar 2024 | RM 52.7b | RM 51.9b | RM 1.1b | 21.1x | 49.7x | 1x |
| Thu, 15 Feb 2024 | RM 52.0b | RM 49.5b | RM 894.7m | 21.9x | 58.1x | 1.1x |
| Sat, 13 Jan 2024 | RM 51.2b | RM 49.5b | RM 845.2m | 20x | 60.6x | 1x |
| Mon, 11 Dec 2023 | RM 45.6b | RM 49.4b | RM 859.3m | 18.8x | 53.1x | 0.9x |
| Wed, 08 Nov 2023 | RM 46.1b | RM 45.9b | RM 639.6m | 19.3x | 72.1x | 1x |
| Fri, 06 Oct 2023 | RM 45.2b | RM 45.9b | RM 653.7m | 19.1x | 69.2x | 1x |
| Sun, 03 Sep 2023 | RM 45.5b | RM 44.1b | RM 571.8m | 17.3x | 79.6x | 1x |
| Tue, 01 Aug 2023 | RM 41.5b | RM 43.1b | RM 610.6m | 19x | 67.9x | 1x |
| Thu, 29 Jun 2023 | RM 40.0b | RM 43.2b | RM 686.1m | 16.3x | 58.3x | 0.9x |
58.3x
Which industries have driven the changes within the Malaysian Industrials industry?
| MY Market | 1.42% | |
| Industrials | 2.37% | |
| Construction | 3.81% | |
| Construction and Engineering | 3.81% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GAMUDA Gamuda Berhad | RM 4.43 | 4.0% +RM 1.0b | -6.1% | PE25.8x | |
| SUNCON Sunway Construction Group Berhad | RM 7.50 | 6.4% +RM 596.5m | 26.1% | PE24.6x | |
| IJM IJM Corporation Berhad | RM 2.37 | 3.9% +RM 315.5m | -7.1% | PE2556.9x | |
| MRCB Malaysian Resources Corporation Berhad | RM 0.35 | 16.7% +RM 223.4m | -22.2% | PE37x | |
| KERJAYA Kerjaya Prospek Group Berhad | RM 2.35 | 7.3% +RM 201.2m | 14.1% | PE12.4x |