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Malaysian (KLSE) Market Analysis & Valuation

UpdatedJul 17, 2025
DataAggregated Company Financials
Companies1036
  • 7D-1.0%
  • 3M3.6%
  • 1Y-11.4%
  • YTD-8.8%

Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. The past year hasn't been profitable, with the market dropping 11%. Looking forward, earnings are forecast to grow by 8.5% annually.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 17 Jul 2025RM 1.9tRM 1.3tRM 115.6b13.7x16x1.4x
Sat, 14 Jun 2025RM 1.8tRM 1.3tRM 115.6b13.7x15.9x1.4x
Mon, 12 May 2025RM 1.9tRM 1.3tRM 118.5b14x15.7x1.4x
Wed, 09 Apr 2025RM 1.7tRM 1.3tRM 118.2b13.3x14.5x1.3x
Fri, 07 Mar 2025RM 1.9tRM 1.3tRM 118.3b14.2x15.7x1.4x
Sun, 02 Feb 2025RM 1.9tRM 1.3tRM 115.5b14.9x16.7x1.5x
Tue, 31 Dec 2024RM 2.0tRM 1.3tRM 115.1b15.4x17.6x1.6x
Thu, 28 Nov 2024RM 2.0tRM 1.3tRM 112.5b15.5x17.4x1.5x
Sat, 26 Oct 2024RM 2.0tRM 1.3tRM 113.8b15.5x17.3x1.6x
Mon, 23 Sep 2024RM 2.0tRM 1.3tRM 113.1b15.8x17.8x1.6x
Wed, 21 Aug 2024RM 2.0tRM 1.2tRM 107.0b17.3x18.5x1.6x
Fri, 19 Jul 2024RM 2.0tRM 1.2tRM 105.8b18.2x19.3x1.7x
Sun, 16 Jun 2024RM 2.0tRM 1.2tRM 104.7b17.4x19.2x1.6x
Tue, 14 May 2024RM 2.0tRM 1.2tRM 99.9b16.9x19.6x1.6x
Thu, 11 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.4x18.9x1.6x
Sat, 09 Mar 2024RM 1.8tRM 1.2tRM 99.4b15.8x18.4x1.5x
Mon, 05 Feb 2024RM 1.8tRM 1.2tRM 83.2b15.7x21.8x1.5x
Wed, 03 Jan 2024RM 1.8tRM 1.2tRM 83.1b15.5x21.2x1.4x
Fri, 01 Dec 2023RM 1.7tRM 1.2tRM 82.1b14.9x21.2x1.4x
Sun, 29 Oct 2023RM 1.7tRM 1.2tRM 79.5b15.3x21.7x1.4x
Tue, 26 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.8x21.8x1.4x
Thu, 24 Aug 2023RM 1.7tRM 1.2tRM 79.5b15x21.6x1.4x
Sat, 22 Jul 2023RM 1.7tRM 1.2tRM 82.6b14.1x20.4x1.4x
Mon, 19 Jun 2023RM 1.6tRM 1.2tRM 82.7b13.7x19.9x1.3x
Wed, 17 May 2023RM 1.7tRM 1.4tRM 125.7b13.1x13.3x1.2x
Fri, 14 Apr 2023RM 1.7tRM 1.2tRM 119.1b13.4x14.2x1.4x
Sun, 12 Mar 2023RM 1.7tRM 1.2tRM 119.0b13.7x14.1x1.4x
Tue, 07 Feb 2023RM 1.7tRM 1.2tRM 138.8b13.7x12.5x1.4x
Thu, 05 Jan 2023RM 1.7tRM 1.2tRM 138.6b13.1x12.1x1.4x
Sat, 03 Dec 2022RM 1.7tRM 1.2tRM 136.3b13.1x12.3x1.4x
Mon, 31 Oct 2022RM 1.6tRM 1.5tRM 144.5b13.3x11.2x1.1x
Wed, 28 Sep 2022RM 1.6tRM 1.1tRM 135.6b13.5x11.7x1.4x
Fri, 26 Aug 2022RM 1.7tRM 1.1tRM 131.0b14x12.7x1.6x
Sun, 24 Jul 2022RM 1.6tRM 1.1tRM 101.0b14x16.1x1.5x
Price to Earnings Ratio

16.1x


Total Market Cap: RM 1.6tTotal Earnings: RM 101.0bTotal Revenue: RM 1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.1x202320242025
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 17.1x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have grown 4.6% per year over the last three years.
  • Revenues for these companies have grown 6.7% 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-0.95%
Telecom1.10%
Industrials0.33%
Tech0.30%
Real Estate0.045%
Energy-0.23%
Financials-1.47%
Consumer Staples-1.61%
Consumer Discretionary-1.64%
Materials-1.70%
Utilities-1.76%
Healthcare-2.87%
Sector PE
  • Investors favour the Tech sector the most for future growth even though it's trading below its 3-year average PE ratio of 57.6x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 20.4% which is higher than its past year's earnings decline of 1.1% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 11.2x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 11% 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
AXIATA Axiata Group BerhadRM 2.558.5%
+RM 1.8b		-1.5%PE22.4xTelecom
SUNWAY Sunway BerhadRM 4.992.7%
+RM 809.3m		22.0%PE27.4xIndustrials
CHINHIN Chin Hin Group BerhadRM 2.398.1%
+RM 637.0m		-25.8%PE68.2xIndustrials
PCHEM PETRONAS Chemicals Group BerhadRM 3.321.5%
+RM 400.0m		-45.0%PE54.3xMaterials
GAMUDA Gamuda BerhadRM 5.151.0%
+RM 288.7m		24.4%PE31.5xIndustrials
See more

Market Insights

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IHH
RM 6.53
IHH Healthcare Berhad
7D
-1.8%
1Y
3.0%

IHH Healthcare Berhad (KLSE:IHH) Shareholders Will Want The ROCE Trajectory To Continue

Jul 17
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CHINHIN
RM 2.39
Chin Hin Group Berhad
7D
8.1%
1Y
-25.8%

Chin Hin Group Berhad (KLSE:CHINHIN) Is Experiencing Growth In Returns On Capital

Jul 16
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PPB
RM 9.61
PPB Group Berhad
7D
-5.8%
1Y
-35.9%

Returns At PPB Group Berhad (KLSE:PPB) Are On The Way Up

Jul 11
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KLK
RM 20.16
Kuala Lumpur Kepong Berhad
7D
-3.3%
1Y
-3.5%
YTLPOWR
RM 4.15
YTL Power International Berhad
7D
-3.5%
1Y
-13.5%

Returns On Capital Are Showing Encouraging Signs At YTL Power International Berhad (KLSE:YTLPOWR)

Jul 08
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SUNWAY
RM 4.99
Sunway Berhad
7D
2.7%
1Y
22.0%

We Think Sunway Berhad (KLSE:SUNWAY) Can Stay On Top Of Its Debt

Jul 08
We Think Sunway Berhad (KLSE:SUNWAY) Can Stay On Top Of Its Debt
GAMUDA
RM 5.15
Gamuda Berhad
7D
1.0%
1Y
24.4%
TM
RM 6.72
Telekom Malaysia Berhad
7D
1.1%
1Y
-5.6%

Subdued Growth No Barrier To Telekom Malaysia Berhad's (KLSE:TM) Price

Jul 02
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MAYBANK
RM 9.53
Malayan Banking Berhad
7D
-2.1%
1Y
-5.6%

Does Malayan Banking Berhad (KLSE:MAYBANK) Deserve A Spot On Your Watchlist?

Jul 01
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TENAGA
RM 13.78
Tenaga Nasional Berhad
7D
-1.3%
1Y
-4.6%

Tenaga Nasional Berhad (KLSE:TENAGA) Shares Could Be 24% Below Their Intrinsic Value Estimate

Jun 30
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CDB
RM 3.87
Celcomdigi Berhad
7D
0.5%
1Y
3.8%
INARI
RM 1.98
Inari Amertron Berhad
7D
3.7%
1Y
-49.2%

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Jun 23
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AXIATA
RM 2.55
Axiata Group Berhad
7D
8.5%
1Y
-1.5%
CIMB
RM 6.50
CIMB Group Holdings Berhad
7D
-3.0%
1Y
-9.1%
PCHEM
RM 3.32
PETRONAS Chemicals Group Berhad
7D
1.5%
1Y
-45.0%

There Are Reasons To Feel Uneasy About PETRONAS Chemicals Group Berhad's (KLSE:PCHEM) Returns On Capital

Jun 13
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PBBANK
RM 4.25
Public Bank Berhad
7D
-1.2%
1Y
0%