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Malaysian (KLSE) Market Analysis & Valuation

UpdatedJun 14, 2026
DataAggregated Company Financials
Companies1070
  • 7D-1.2%
  • 3M0.9%
  • 1Y9.5%
  • YTD1.4%

Over the last 7 days, the market has dropped 1.2%, driven by a decline of 3.6% in the Industrials sector. In the last year, the market is actually up 9.5%. Earnings are forecast to grow by 8.9% annually.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

Has the Malaysian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Jun 2026RM 2.1tRM 1.3tRM 135.6b13.4x15.3x1.6x
Tue, 12 May 2026RM 2.1tRM 1.3tRM 124.1b14.2x17.3x1.6x
Thu, 09 Apr 2026RM 2.1tRM 1.3tRM 121.6b13.7x17x1.6x
Sat, 07 Mar 2026RM 2.1tRM 1.3tRM 122.2b13.8x16.8x1.6x
Mon, 02 Feb 2026RM 2.1tRM 1.3tRM 119.0b13.8x17.6x1.6x
Wed, 31 Dec 2025RM 2.0tRM 1.3tRM 118.8b13.9x17x1.5x
Fri, 28 Nov 2025RM 2.0tRM 1.3tRM 115.8b13.9x17x1.5x
Sun, 26 Oct 2025RM 2.0tRM 1.3tRM 112.1b14.7x17.7x1.5x
Tue, 23 Sep 2025RM 1.9tRM 1.3tRM 112.2b14.6x17.3x1.5x
Thu, 21 Aug 2025RM 1.9tRM 1.3tRM 114.1b14.3x16.7x1.5x
Sat, 19 Jul 2025RM 1.9tRM 1.3tRM 115.6b13.8x16.2x1.4x
Mon, 16 Jun 2025RM 1.8tRM 1.3tRM 115.6b13.7x15.9x1.4x
Wed, 14 May 2025RM 1.9tRM 1.3tRM 118.5b14.2x16x1.5x
Fri, 11 Apr 2025RM 1.7tRM 1.3tRM 118.1b13.2x14.7x1.3x
Sun, 09 Mar 2025RM 1.8tRM 1.3tRM 118.3b14.3x15.6x1.4x
Tue, 04 Feb 2025RM 1.9tRM 1.3tRM 115.5b15x16.6x1.5x
Thu, 02 Jan 2025RM 2.0tRM 1.3tRM 115.1b15.5x17.6x1.6x
Sat, 30 Nov 2024RM 2.0tRM 1.3tRM 113.5b15.1x17.2x1.5x
Mon, 28 Oct 2024RM 2.0tRM 1.4tRM 112.9b15.5x17.4x1.4x
Wed, 25 Sep 2024RM 2.0tRM 1.3tRM 113.1b16x17.8x1.6x
Fri, 23 Aug 2024RM 2.0tRM 1.2tRM 107.6b17x18.4x1.6x
Sun, 21 Jul 2024RM 2.0tRM 1.2tRM 105.8b18.1x19.2x1.7x
Tue, 18 Jun 2024RM 2.0tRM 1.2tRM 104.7b17.4x19.2x1.6x
Thu, 16 May 2024RM 2.0tRM 1.2tRM 100.0b17.2x19.7x1.6x
Sat, 13 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.5x18.9x1.6x
Mon, 11 Mar 2024RM 1.8tRM 1.2tRM 99.4b15.8x18.4x1.5x
Wed, 07 Feb 2024RM 1.8tRM 1.2tRM 82.9b15.6x21.8x1.5x
Fri, 05 Jan 2024RM 1.8tRM 1.2tRM 82.8b15.8x21.6x1.4x
Sun, 03 Dec 2023RM 1.7tRM 1.2tRM 82.7b15x21x1.4x
Tue, 31 Oct 2023RM 1.7tRM 1.2tRM 79.5b15.3x21.6x1.4x
Thu, 28 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.7x21.7x1.4x
Sat, 26 Aug 2023RM 1.7tRM 1.2tRM 80.9b14.9x21.3x1.4x
Mon, 24 Jul 2023RM 1.7tRM 1.2tRM 82.6b14.1x20.4x1.4x
Wed, 21 Jun 2023RM 1.6tRM 1.2tRM 82.6b13.7x19.8x1.3x
Price to Earnings Ratio

19.8x


Total Market Cap: RM 1.6tTotal Earnings: RM 82.6bTotal Revenue: RM 1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 18.2x202420252026
Current Market PE
  • Investors are pessimistic on the Malaysian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 15.3x which is lower than its 3-year average PE of 18.2x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have grown 18% per year over the last three years.
  • Revenues for these companies have grown 2.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Malaysian Market?

MY Market-1.17%
Consumer Staples0.76%
Utilities-0.084%
Healthcare-0.62%
Real Estate-0.72%
Financials-0.73%
Materials-0.83%
Tech-1.43%
Consumer Discretionary-1.95%
Energy-2.83%
Telecom-3.52%
Industrials-3.58%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 75.9x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.2%, which is higher than its past year's earnings growth of 7.9% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 18.1x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 7.9% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 3.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
TENAGA Tenaga Nasional BerhadRM 14.422.0%
+RM 1.6b		0.8%PE17.5xUtilities
KLK Kuala Lumpur Kepong BerhadRM 20.763.0%
+RM 668.2m		5.4%PE20.7xConsumer Staples
VITROX ViTrox Corporation BerhadRM 7.244.9%
+RM 644.2m		119.4%PE85.6xTech
SDG SD Guthrie BerhadRM 6.001.5%
+RM 622.4m		30.7%PE16.6xConsumer Staples
SUNMED Sunway Healthcare Holdings BerhadRM 1.792.9%
+RM 575.0m		n/aPE83.4xHealthcare
See more

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Latest News

TENAGA
RM 14.42
Tenaga Nasional Berhad
7D
2.0%
1Y
0.8%
Narrative Update • Jun 12

TENAGA: Renewable Project Execution And Lower Risk Assumptions Will Support Rerating

Analysts have made only a marginal adjustment to Tenaga Nasional Berhad's fair value estimate, moving it from MYR16.41 to MYR16.42. This reflects updated assumptions around the discount rate and long term earnings metrics rather than any major shift in outlook.
SCIENTX
RM 3.77
Scientex Berhad
7D
7.4%
1Y
11.2%
SDG
RM 6.00
SD Guthrie Berhad
7D
1.5%
1Y
30.7%
TANCO
RM 0.20
Tanco Holdings Berhad
7D
-87.4%
1Y
-79.2%
Narrative Update • Jun 09

Tanco Expands Data Centre Ambitions Through Strategic Tie-Up With China Mobile International

Tanco Holdings Berhad has taken another step towards expanding its presence in the fast-growing digital infrastructure sector after its indirect wholly owned subsidiary, Tanco Dot Com Sdn Bhd, signed a Memorandum of Understanding (MOU) with China Mobile International Limited (CMI) on June 9, 2026. The collaboration will see both parties explore the development of a 50MW IT Load Data Centre in Port Dickson, Negeri Sembilan, a project that could potentially position Tanco within one of the region’s fastest-growing industries.
CDB
RM 2.67
Celcomdigi Berhad
7D
-5.3%
1Y
-29.7%
Narrative Update • Jun 07

CDB: Steady Fair Value And 2026 Dividend Will Guide Return Profile

Analysts have maintained their MYR fair value estimate for Celcomdigi Berhad at MYR2.80, citing largely unchanged assumptions for the discount rate, revenue growth, profit margins and future P/E expectations. What's in the News Celcomdigi Berhad declared a first interim tax exempt, single tier dividend of 3.4 sen per ordinary share for the financial year ending 31 December 2026.
PETDAG
RM 18.20
PETRONAS Dagangan Berhad
7D
-5.4%
1Y
-13.1%
Analysis Article • Jun 05

There May Be Some Bright Spots In PETRONAS Dagangan Berhad's (KLSE:PETDAG) Earnings

PETRONAS Dagangan Berhad's ( KLSE:PETDAG ) stock was strong despite it releasing a soft earnings report last week. Our...
VITROX
RM 7.24
ViTrox Corporation Berhad
7D
4.9%
1Y
119.4%
KLCC
RM 9.19
KLCC Property Holdings Berhad
7D
2.8%
1Y
2.3%
Narrative Update • Jun 01

KLCC: Future Returns Will Rely On Dividend Income And P E Resilience

Analysts have nudged their fair value estimate for KLCC Property Holdings Berhad to MYR 9.24 from MYR 9.12. This reflects updated assumptions around slightly higher revenue growth, a revised profit margin profile and a higher future P/E multiple, while keeping the discount rate broadly unchanged.
AXIATA
RM 1.86
Axiata Group Berhad
7D
-5.6%
1Y
-9.7%
Narrative Update • Jun 01

AXIATA: Leadership Transition Will Drive Higher Margins And Stronger Future Returns

Axiata Group Berhad’s updated analyst price target has shifted from MYR2.82 to MYR2.67, with analysts pointing to revised assumptions around revenue growth, profit margins and a lower projected future P/E multiple as the key drivers of this change. What's in the News Encik Nik Rizal Kamil Nik Ibrahim Kamil is set to cease his role as Group Chief Financial Officer on 1 June 2026 following his appointment as Group Chief Executive Officer and Managing Director.
MAYBANK
RM 10.72
Malayan Banking Berhad
7D
-0.7%
1Y
10.5%
Analysis Article • May 31

Revenue Miss: Malayan Banking Berhad Fell 12% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

The analysts might have been a bit too bullish on Malayan Banking Berhad ( KLSE:MAYBANK ), given that the company fell...
PMETAL
RM 8.97
Press Metal Aluminium Holdings Berhad
7D
-1.4%
1Y
79.4%
YTL
RM 1.98
YTL Corporation Berhad
7D
-4.3%
1Y
-8.8%
IOIPG
RM 4.10
IOI Properties Group Berhad
7D
-5.7%
1Y
113.5%
SUNMED
RM 1.79
Sunway Healthcare Holdings Berhad
7D
2.9%
1Y
n/a
99SMART
RM 3.36
99 Speed Mart Retail Holdings Berhad
7D
1.5%
1Y
55.6%
KLK
RM 20.76
Kuala Lumpur Kepong Berhad
7D
3.0%
1Y
5.4%