Narrative Update • May 01

The Materials industry has been flat over the last week, but PETRONAS Chemicals Group Berhad has lost 6.6%. As for the the longer term, the industry is up 39% over the past 12 months. Looking forward, earnings are forecast to grow by 29% annually.
Has the Malaysian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 14 May 2026 | RM 177.7b | RM 140.0b | RM 526.5m | 13.6x | 337.5x | 1.3x |
| Sat, 11 Apr 2026 | RM 168.9b | RM 138.6b | RM 307.8m | 13x | 548.6x | 1.2x |
| Mon, 09 Mar 2026 | RM 157.0b | RM 139.2b | RM 265.9m | 13.6x | 590.5x | 1.1x |
| Wed, 04 Feb 2026 | RM 149.6b | RM 138.7b | RM 2.6b | 14.8x | 58.6x | 1.1x |
| Fri, 02 Jan 2026 | RM 145.4b | RM 138.7b | RM 2.5b | 15.1x | 57.5x | 1x |
| Sun, 30 Nov 2025 | RM 135.3b | RM 138.7b | RM 2.5b | 15.3x | 54.4x | 1x |
| Tue, 28 Oct 2025 | RM 141.1b | RM 138.5b | RM 1.2b | 15.1x | 113.6x | 1x |
| Thu, 25 Sep 2025 | RM 141.2b | RM 138.8b | RM 1.3b | 16x | 109.8x | 1x |
| Sat, 23 Aug 2025 | RM 139.6b | RM 138.0b | RM 1.3b | 15.2x | 105.4x | 1x |
| Mon, 21 Jul 2025 | RM 122.5b | RM 139.5b | RM 3.5b | 13.8x | 35.1x | 0.9x |
| Wed, 18 Jun 2025 | RM 120.2b | RM 139.5b | RM 3.5b | 13.4x | 34.4x | 0.9x |
| Fri, 16 May 2025 | RM 129.3b | RM 139.1b | RM 4.3b | 14.4x | 29.9x | 0.9x |
| Sun, 13 Apr 2025 | RM 112.2b | RM 140.0b | RM 4.3b | 12.8x | 26x | 0.8x |
| Tue, 11 Mar 2025 | RM 125.2b | RM 139.9b | RM 4.4b | 14x | 28.6x | 0.9x |
| Thu, 06 Feb 2025 | RM 134.2b | RM 138.3b | RM 3.9b | 13.7x | 34.8x | 1x |
| Sat, 04 Jan 2025 | RM 139.6b | RM 138.4b | RM 3.9b | 14.7x | 36.1x | 1x |
| Mon, 02 Dec 2024 | RM 132.9b | RM 136.7b | RM 3.7b | 13.9x | 35.8x | 1x |
| Wed, 30 Oct 2024 | RM 140.8b | RM 134.5b | RM 5.2b | 13.5x | 27.3x | 1x |
| Fri, 27 Sep 2024 | RM 144.4b | RM 134.5b | RM 5.2b | 14.5x | 27.9x | 1.1x |
| Sun, 25 Aug 2024 | RM 145.5b | RM 134.0b | RM 5.0b | 14.8x | 29.2x | 1.1x |
| Tue, 23 Jul 2024 | RM 154.9b | RM 132.7b | RM 4.7b | 17.5x | 32.7x | 1.2x |
| Thu, 20 Jun 2024 | RM 160.8b | RM 132.3b | RM 4.7b | 15.7x | 34.4x | 1.2x |
| Sat, 18 May 2024 | RM 159.9b | RM 131.6b | RM 4.3b | 16x | 36.8x | 1.2x |
| Mon, 15 Apr 2024 | RM 155.0b | RM 131.3b | RM 4.3b | 16.7x | 36.1x | 1.2x |
| Wed, 13 Mar 2024 | RM 150.6b | RM 131.0b | RM 4.3b | 15.7x | 35.4x | 1.1x |
| Fri, 09 Feb 2024 | RM 148.0b | RM 133.8b | RM 4.2b | 16.3x | 35x | 1.1x |
| Sun, 07 Jan 2024 | RM 155.5b | RM 134.1b | RM 4.0b | 16.6x | 38.8x | 1.2x |
| Tue, 05 Dec 2023 | RM 150.0b | RM 134.0b | RM 3.9b | 16.3x | 38x | 1.1x |
| Thu, 02 Nov 2023 | RM 150.1b | RM 136.2b | RM 5.5b | 15x | 27.3x | 1.1x |
| Sat, 30 Sep 2023 | RM 151.0b | RM 136.7b | RM 5.5b | 15.7x | 27.4x | 1.1x |
| Mon, 28 Aug 2023 | RM 150.5b | RM 137.5b | RM 5.7b | 15.6x | 26.4x | 1.1x |
| Wed, 26 Jul 2023 | RM 149.3b | RM 141.1b | RM 7.5b | 13.4x | 19.9x | 1.1x |
| Fri, 23 Jun 2023 | RM 140.1b | RM 138.2b | RM 7.5b | 12.6x | 18.8x | 1x |
| Sun, 21 May 2023 | RM 145.8b | RM 139.6b | RM 9.7b | 11.2x | 15x | 1x |
15x
Which industries have driven the changes within the Malaysian Materials sector?
| MY Market | 0.55% | |
| Materials | -0.89% | |
| Basic Materials | 6.97% | |
| Metals and Mining | 1.15% | |
| Paper and Forestry Products | 0.68% | |
| Packaging | -0.54% | |
| Chemicals | -4.99% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PMETAL Press Metal Aluminium Holdings Berhad | RM 9.05 | 2.6% +RM 1.9b | 74.4% | PE35.5x | |
| MCEMENT Malayan Cement Berhad | RM 7.30 | 9.4% +RM 875.6m | 45.4% | PE13x | |
| MSC Malaysia Smelting Corporation Berhad | RM 2.19 | 12.3% +RM 201.6m | 69.8% | PE22.4x | |
| HEXTAR Hextar Global Berhad | RM 0.77 | 2.7% +RM 77.0m | -20.3% | PE48x | |
| TMK TMK Chemical Bhd | RM 1.75 | 3.6% +RM 60.0m | 33.6% | PE18x |