Analysis Article • Apr 30

Over the last 7 days, the Construction industry has remained flat, although notably IJM Corporation Berhad declined by 3.3%. As for the the longer term, the industry is up 7.9% over the past 12 months. Earnings are forecast to grow by 18% annually.
Has the Malaysian Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 12 May 2026 | RM 81.9b | RM 72.3b | RM 2.8b | 15.6x | 29.1x | 1.1x |
| Thu, 09 Apr 2026 | RM 74.7b | RM 72.4b | RM 2.8b | 16x | 26.4x | 1x |
| Sat, 07 Mar 2026 | RM 77.0b | RM 71.8b | RM 2.8b | 15.8x | 27.1x | 1.1x |
| Mon, 02 Feb 2026 | RM 79.9b | RM 71.3b | RM 3.5b | 11.4x | 22.6x | 1.1x |
| Wed, 31 Dec 2025 | RM 81.9b | RM 71.0b | RM 3.7b | 14.7x | 22.1x | 1.2x |
| Fri, 28 Nov 2025 | RM 85.7b | RM 69.8b | RM 3.5b | 14x | 24.8x | 1.2x |
| Sun, 26 Oct 2025 | RM 85.7b | RM 68.8b | RM 3.5b | 14.7x | 24.2x | 1.2x |
| Tue, 23 Sep 2025 | RM 88.4b | RM 68.6b | RM 3.5b | 13x | 25.1x | 1.3x |
| Thu, 21 Aug 2025 | RM 85.1b | RM 66.0b | RM 3.1b | 14.9x | 27x | 1.3x |
| Sat, 19 Jul 2025 | RM 83.5b | RM 66.4b | RM 3.1b | 15.4x | 27.3x | 1.3x |
| Mon, 16 Jun 2025 | RM 76.0b | RM 65.2b | RM 3.0b | 13.7x | 25.3x | 1.2x |
| Wed, 14 May 2025 | RM 73.4b | RM 62.7b | RM 3.2b | 14.3x | 22.8x | 1.2x |
| Fri, 11 Apr 2025 | RM 63.2b | RM 62.6b | RM 3.2b | 13.1x | 19.7x | 1x |
| Sun, 09 Mar 2025 | RM 66.4b | RM 61.7b | RM 3.2b | 15.6x | 20.8x | 1.1x |
| Tue, 04 Feb 2025 | RM 68.6b | RM 60.6b | RM 2.4b | 17.5x | 28.4x | 1.1x |
| Thu, 02 Jan 2025 | RM 76.9b | RM 60.4b | RM 2.5b | 18.8x | 31.3x | 1.3x |
| Sat, 30 Nov 2024 | RM 73.2b | RM 58.8b | RM 2.3b | 18.3x | 31.9x | 1.2x |
| Mon, 28 Oct 2024 | RM 71.5b | RM 57.8b | RM 2.0b | 19.4x | 36.5x | 1.2x |
| Wed, 25 Sep 2024 | RM 71.1b | RM 56.4b | RM 1.9b | 20.4x | 36.6x | 1.3x |
| Fri, 23 Aug 2024 | RM 67.9b | RM 55.0b | RM 1.6b | 26.6x | 42.1x | 1.2x |
| Sun, 21 Jul 2024 | RM 76.4b | RM 55.1b | RM 1.5b | 27.3x | 51.5x | 1.4x |
| Tue, 18 Jun 2024 | RM 65.4b | RM 54.7b | RM 1.4b | 24.2x | 48.2x | 1.2x |
| Thu, 16 May 2024 | RM 56.6b | RM 53.7b | RM 940.8m | 24.4x | 60.2x | 1.1x |
| Sat, 13 Apr 2024 | RM 54.8b | RM 53.7b | RM 923.3m | 22.1x | 59.3x | 1x |
| Mon, 11 Mar 2024 | RM 50.5b | RM 51.9b | RM 1.1b | 18.9x | 47.6x | 1x |
| Wed, 07 Feb 2024 | RM 50.7b | RM 49.6b | RM 901.5m | 21.6x | 56.2x | 1x |
| Fri, 05 Jan 2024 | RM 49.7b | RM 49.4b | RM 835.6m | 20x | 59.5x | 1x |
| Sun, 03 Dec 2023 | RM 45.8b | RM 47.9b | RM 664.6m | 18.8x | 68.8x | 1x |
| Tue, 31 Oct 2023 | RM 45.6b | RM 45.9b | RM 653.7m | 19.2x | 69.7x | 1x |
| Thu, 28 Sep 2023 | RM 45.2b | RM 44.1b | RM 571.8m | 19.1x | 79x | 1x |
| Sat, 26 Aug 2023 | RM 43.4b | RM 43.6b | RM 637.3m | 17x | 68.2x | 1x |
| Mon, 24 Jul 2023 | RM 41.7b | RM 43.2b | RM 686.1m | 17.4x | 60.8x | 1x |
| Wed, 21 Jun 2023 | RM 40.8b | RM 42.3b | RM 653.4m | 16x | 62.4x | 1x |
| Fri, 19 May 2023 | RM 40.9b | RM 42.3b | RM 784.7m | 16.4x | 52.1x | 1x |
52.1x
Which industries have driven the changes within the Malaysian Industrials industry?
| MY Market | 0.59% | |
| Industrials | 0.96% | |
| Construction | 0.38% | |
| Construction and Engineering | 0.38% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GAMUDA Gamuda Berhad | RM 4.51 | 1.8% +RM 476.2m | 0.2% | PE26.2x | |
| SUNCON Sunway Construction Group Berhad | RM 7.02 | 1.0% +RM 92.8m | 48.1% | PE25.7x | |
| KGB Kelington Group Berhad | RM 6.20 | 1.0% +RM 77.8m | 82.4% | PE35.2x | |
| GDB GDB Holdings Berhad | RM 0.48 | 10.3% +RM 46.4m | 43.3% | PE9.1x | |
| MRCB Malaysian Resources Corporation Berhad | RM 0.38 | 2.7% +RM 44.7m | -25.0% | PE35.4x |