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Malaysian (KLSE) Market Analysis & Valuation

UpdatedDec 20, 2025
DataAggregated Company Financials
Companies1055
  • 7D1.1%
  • 3M2.5%
  • 1Y0.1%
  • YTD-2.1%

The Financials and Consumer Staples sectors drove a 1.1% in the market over the last week. The market has been flat overall in the last year. As for the next few years, earnings are expected to grow by 11% per annum.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Dec 2025RM 2.0tRM 1.3tRM 118.7b13.9x16.9x1.5x
Mon, 17 Nov 2025RM 2.0tRM 1.3tRM 113.4b14.4x17.5x1.5x
Wed, 15 Oct 2025RM 2.0tRM 1.3tRM 112.0b14.6x17.7x1.5x
Fri, 12 Sep 2025RM 1.9tRM 1.3tRM 112.2b14.4x17.1x1.5x
Sun, 10 Aug 2025RM 1.9tRM 1.3tRM 115.8b13.9x16.3x1.4x
Tue, 08 Jul 2025RM 1.9tRM 1.3tRM 115.7b13.8x16.2x1.4x
Thu, 05 Jun 2025RM 1.8tRM 1.3tRM 115.4b13.6x15.8x1.4x
Sat, 03 May 2025RM 1.8tRM 1.3tRM 118.0b14.1x15.6x1.4x
Mon, 31 Mar 2025RM 1.8tRM 1.3tRM 118.2b14.3x15.5x1.4x
Wed, 26 Feb 2025RM 1.9tRM 1.3tRM 114.6b14.6x16.4x1.5x
Fri, 24 Jan 2025RM 2.0tRM 1.3tRM 115.3b15.2x17x1.5x
Sun, 22 Dec 2024RM 2.0tRM 1.3tRM 115.0b15.2x17.1x1.5x
Tue, 19 Nov 2024RM 2.0tRM 1.3tRM 113.7b15.4x17.2x1.5x
Thu, 17 Oct 2024RM 2.0tRM 1.3tRM 113.8b15.3x17.4x1.6x
Sat, 14 Sep 2024RM 2.0tRM 1.3tRM 113.2b15.3x17.4x1.6x
Mon, 12 Aug 2024RM 2.0tRM 1.2tRM 106.1b17.1x18.4x1.6x
Wed, 10 Jul 2024RM 2.0tRM 1.2tRM 105.7b17.8x19x1.6x
Fri, 07 Jun 2024RM 2.0tRM 1.2tRM 104.9b17.1x19x1.6x
Sun, 05 May 2024RM 1.9tRM 1.2tRM 99.8b16.7x19.3x1.6x
Tue, 02 Apr 2024RM 1.9tRM 1.2tRM 99.5b16.1x18.7x1.5x
Thu, 29 Feb 2024RM 1.8tRM 1.2tRM 87.5b15.8x21x1.5x
Sat, 27 Jan 2024RM 1.8tRM 1.2tRM 82.9b15.8x21.9x1.5x
Mon, 25 Dec 2023RM 1.8tRM 1.2tRM 83.1b15.5x21.2x1.4x
Wed, 22 Nov 2023RM 1.8tRM 1.2tRM 80.1b15.9x21.9x1.4x
Fri, 20 Oct 2023RM 1.7tRM 1.2tRM 79.2b15.5x21.8x1.4x
Sun, 17 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.6x21.8x1.4x
Tue, 15 Aug 2023RM 1.7tRM 1.2tRM 81.8b14.9x21.1x1.4x
Thu, 13 Jul 2023RM 1.7tRM 1.2tRM 82.5b13.8x20.1x1.3x
Sat, 10 Jun 2023RM 1.6tRM 1.2tRM 82.9b13.7x19.7x1.3x
Mon, 08 May 2023RM 1.7tRM 2.2tRM 203.1b13.2x8.3x0.8x
Wed, 05 Apr 2023RM 1.7tRM 1.2tRM 118.8b13.5x14.1x1.4x
Fri, 03 Mar 2023RM 1.7tRM 1.2tRM 119.0b13.6x14.2x1.4x
Sun, 29 Jan 2023RM 1.7tRM 1.2tRM 138.8b13.5x12.5x1.4x
Tue, 27 Dec 2022RM 1.7tRM 1.2tRM 138.3b13.1x12.1x1.4x
Price to Earnings Ratio

12.1x


Total Market Cap: RM 1.7tTotal Earnings: RM 138.3bTotal Revenue: RM 1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.7x202320242025
Current Market PE
  • Investors are relatively neutral on the Malaysian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.7x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have declined 5.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Malaysian Market?

MY Market1.12%
Consumer Staples2.46%
Financials1.76%
Utilities1.73%
Materials1.11%
Telecom0.43%
Industrials0.42%
Consumer Discretionary0.41%
Energy0.11%
Real Estate0.083%
Healthcare-0.033%
Tech-0.67%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 36.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 36.0%, which is higher than its past year's earnings growth of 1.7% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 22.4x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings growth rate of 1.7% per year.
  • In contrast, the Real Estate industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
CIMB CIMB Group Holdings BerhadRM 8.153.2%
+RM 2.7b		2.5%PB1.2xFinancials
99SMART 99 Speed Mart Retail Holdings BerhadRM 3.807.6%
+RM 2.3b		55.7%PE54.9xConsumer Staples
TENAGA Tenaga Nasional BerhadRM 13.362.6%
+RM 2.0b		-4.2%PE17.5xUtilities
MAYBANK Malayan Banking BerhadRM 10.441.4%
+RM 1.7b		4.8%PB1.4xFinancials
SDG SD Guthrie BerhadRM 5.603.9%
+RM 1.5b		16.2%PE13.9xConsumer Staples
See more

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