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Malaysian (KLSE) Market Analysis & Valuation

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies1039
  • 7D0.6%
  • 3M5.5%
  • 1Y-4.0%
  • YTD-5.2%

In the last week, the market has been flat. The past year hasn't been profitable, with the market dropping 4.0%. Looking forward, earnings are forecast to grow by 10.0% annually.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Sep 2025RM 1.9tRM 1.3tRM 112.1b14.5x17.2x1.5x
Fri, 15 Aug 2025RM 1.9tRM 1.3tRM 113.9b13.9x16.7x1.5x
Sun, 13 Jul 2025RM 1.9tRM 1.4tRM 117.0b13.9x16x1.4x
Tue, 10 Jun 2025RM 1.8tRM 1.3tRM 115.7b13.8x15.9x1.4x
Thu, 08 May 2025RM 1.9tRM 1.3tRM 118.1b13.9x15.7x1.4x
Sat, 05 Apr 2025RM 1.8tRM 1.3tRM 118.2b14x15.2x1.4x
Mon, 03 Mar 2025RM 1.9tRM 1.3tRM 118.4b14.4x15.9x1.4x
Wed, 29 Jan 2025RM 1.9tRM 1.3tRM 115.6b14.8x16.6x1.5x
Fri, 27 Dec 2024RM 2.0tRM 1.3tRM 115.0b15.4x17.4x1.6x
Sun, 24 Nov 2024RM 1.9tRM 1.3tRM 111.7b15.7x17.5x1.5x
Tue, 22 Oct 2024RM 2.0tRM 1.3tRM 113.8b15.5x17.5x1.6x
Thu, 19 Sep 2024RM 2.0tRM 1.3tRM 113.2b15.3x17.5x1.6x
Sat, 17 Aug 2024RM 2.0tRM 1.2tRM 106.5b17.5x18.6x1.6x
Mon, 15 Jul 2024RM 2.0tRM 1.2tRM 105.7b18x19.1x1.6x
Wed, 12 Jun 2024RM 2.0tRM 1.2tRM 104.8b17.3x19.1x1.6x
Fri, 10 May 2024RM 2.0tRM 1.2tRM 99.9b17.1x19.5x1.6x
Sun, 07 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.4x18.9x1.6x
Tue, 05 Mar 2024RM 1.8tRM 1.2tRM 99.2b15.7x18.5x1.5x
Thu, 01 Feb 2024RM 1.8tRM 1.2tRM 83.2b15.9x21.8x1.5x
Sat, 30 Dec 2023RM 1.8tRM 1.2tRM 83.1b15.6x21.2x1.4x
Mon, 27 Nov 2023RM 1.7tRM 1.2tRM 81.3b15.5x21.5x1.4x
Wed, 25 Oct 2023RM 1.7tRM 1.2tRM 79.2b15.3x21.7x1.4x
Fri, 22 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.7x21.8x1.4x
Sun, 20 Aug 2023RM 1.7tRM 1.2tRM 81.3b14.9x21.1x1.4x
Tue, 18 Jul 2023RM 1.7tRM 1.2tRM 82.5b14.1x20.3x1.4x
Thu, 15 Jun 2023RM 1.6tRM 1.2tRM 82.9b13.9x19.9x1.3x
Sat, 13 May 2023RM 1.7tRM 1.4tRM 125.7b13x13.3x1.2x
Mon, 10 Apr 2023RM 1.7tRM 1.2tRM 119.1b13.3x14.1x1.4x
Wed, 08 Mar 2023RM 1.7tRM 1.2tRM 118.7b13.8x14.3x1.4x
Fri, 03 Feb 2023RM 1.7tRM 1.2tRM 138.6b13.9x12.5x1.4x
Sun, 01 Jan 2023RM 1.7tRM 1.2tRM 138.6b13x12.2x1.4x
Tue, 29 Nov 2022RM 1.7tRM 1.2tRM 136.0b12.9x12.2x1.4x
Thu, 27 Oct 2022RM 1.6tRM 1.1tRM 135.5b13.3x11.9x1.4x
Sat, 24 Sep 2022RM 1.6tRM 1.1tRM 135.6b13.7x11.8x1.4x
Price to Earnings Ratio

11.8x


Total Market Cap: RM 1.6tTotal Earnings: RM 135.6bTotal Revenue: RM 1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.2x202320242025
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 17.2x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have declined 6.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.4% 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 Market0.63%
Telecom2.39%
Tech2.24%
Healthcare1.67%
Utilities0.97%
Materials0.79%
Industrials0.55%
Real Estate0.54%
Consumer Staples0.49%
Financials-0.12%
Energy-0.22%
Consumer Discretionary-0.29%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 29.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 34.1% which is higher than its past year's earnings decline of 9.7% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 11.0x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings decline of 9.7% per year.
  • In contrast, the Real Estate sector is expected to see its earnings grow by 3.1% 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
CIMB CIMB Group Holdings BerhadRM 7.524.3%
+RM 3.4b		-9.7%PB1.2xFinancials
IHH IHH Healthcare BerhadRM 7.363.7%
+RM 2.3b		3.5%PE29.3xHealthcare
TENAGA Tenaga Nasional BerhadRM 13.442.0%
+RM 1.5b		-8.8%PE16.5xUtilities
PCHEM PETRONAS Chemicals Group BerhadRM 4.454.2%
+RM 1.4b		-19.4%PS1.2xMaterials
YTLPOWR YTL Power International BerhadRM 4.353.6%
+RM 1.3b		23.2%PE15.5xUtilities
See more

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Latest News

KLK
RM 20.08
Kuala Lumpur Kepong Berhad
7D
-0.6%
1Y
-3.3%

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TENAGA
RM 13.44
Tenaga Nasional Berhad
7D
2.0%
1Y
-8.8%

Tenaga Nasional Berhad (KLSE:TENAGA) Is Due To Pay A Dividend Of MYR0.25

Sep 15
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CIMB
RM 7.52
CIMB Group Holdings Berhad
7D
4.3%
1Y
-9.7%

CIMB Group Holdings Berhad's (KLSE:CIMB) Shareholders Will Receive A Smaller Dividend Than Last Year

Sep 15
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YTLPOWR
RM 4.35
YTL Power International Berhad
7D
3.6%
1Y
23.2%

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Sep 12
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YTL
RM 2.72
YTL Corporation Berhad
7D
4.2%
1Y
9.7%

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Sep 10
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IOIPG
RM 2.05
IOI Properties Group Berhad
7D
-6.8%
1Y
-2.8%
IHH
RM 7.36
IHH Healthcare Berhad
7D
3.7%
1Y
3.5%

IHH Healthcare Berhad (KLSE:IHH) Is Due To Pay A Dividend Of MYR0.05

Sep 01
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MAYBANK
RM 9.94
Malayan Banking Berhad
7D
-0.3%
1Y
-6.9%

Malayan Banking Berhad (KLSE:MAYBANK) Will Pay A Dividend Of MYR0.30

Aug 31
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RHBBANK
RM 6.55
RHB Bank Berhad
7D
-0.9%
1Y
5.6%
SIME
RM 2.12
Sime Darby Berhad
7D
-1.9%
1Y
-10.9%
PETGAS
RM 18.30
PETRONAS Gas Berhad
7D
-2.1%
1Y
2.8%

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PETDAG
RM 22.98
PETRONAS Dagangan Berhad
7D
4.5%
1Y
19.3%

PETRONAS Dagangan Berhad's (KLSE:PETDAG) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 27
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PCHEM
RM 4.45
PETRONAS Chemicals Group Berhad
7D
4.2%
1Y
-19.4%
99SMART
RM 2.61
99 Speed Mart Retail Holdings Berhad
7D
4.8%
1Y
37.4%

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GAMUDA
RM 5.55
Gamuda Berhad
7D
-0.9%
1Y
42.3%

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Aug 04
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IGBREIT
RM 2.67
IGB Real Estate Investment Trust
7D
-1.1%
1Y
30.9%