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Malaysian (KLSE) Market Analysis & Valuation

UpdatedAug 18, 2026
DataAggregated Company Financials
Companies1077
  • 7D-0.2%
  • 3M-0.005%
  • 1Y8.6%
  • YTD4.2%

The market has been flat over the last week. As for the longer term, the market has risen 8.6% in the past 12 months. Earnings are forecast to grow by 9.1% annually.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Aug 2026RM 2.1tRM 1.3tRM 137.5b13.7x15.5x1.6x
Thu, 16 Jul 2026RM 2.1tRM 1.3tRM 136.6b13.6x15.4x1.6x
Sat, 13 Jun 2026RM 2.1tRM 1.3tRM 135.6b13.4x15.3x1.6x
Mon, 11 May 2026RM 2.1tRM 1.3tRM 124.1b14.2x17.3x1.6x
Wed, 08 Apr 2026RM 2.0tRM 1.3tRM 121.6b13.6x16.8x1.6x
Fri, 06 Mar 2026RM 2.1tRM 1.3tRM 122.2b13.8x16.8x1.6x
Sun, 01 Feb 2026RM 2.1tRM 1.3tRM 119.1b13.8x17.6x1.6x
Tue, 30 Dec 2025RM 2.0tRM 1.3tRM 118.7b13.9x17x1.5x
Thu, 27 Nov 2025RM 2.0tRM 1.3tRM 115.8b14x17.1x1.5x
Sat, 25 Oct 2025RM 2.0tRM 1.3tRM 112.0b14.7x17.7x1.5x
Mon, 22 Sep 2025RM 1.9tRM 1.3tRM 112.2b14.7x17.3x1.5x
Wed, 20 Aug 2025RM 1.9tRM 1.3tRM 114.1b14.2x16.8x1.5x
Fri, 18 Jul 2025RM 1.9tRM 1.3tRM 115.6b13.8x16.1x1.4x
Sun, 15 Jun 2025RM 1.8tRM 1.3tRM 115.6b13.7x15.9x1.4x
Tue, 13 May 2025RM 1.9tRM 1.3tRM 118.5b14x15.7x1.4x
Thu, 10 Apr 2025RM 1.7tRM 1.3tRM 118.1b12.8x14.1x1.3x
Sat, 08 Mar 2025RM 1.8tRM 1.3tRM 118.3b14.3x15.6x1.4x
Mon, 03 Feb 2025RM 1.9tRM 1.3tRM 115.5b14.9x16.7x1.5x
Wed, 01 Jan 2025RM 2.0tRM 1.3tRM 115.1b15.5x17.6x1.6x
Fri, 29 Nov 2024RM 2.0tRM 1.3tRM 111.6b15.1x17.5x1.5x
Sun, 27 Oct 2024RM 2.0tRM 1.4tRM 112.9b15.5x17.4x1.4x
Tue, 24 Sep 2024RM 2.0tRM 1.3tRM 113.1b15.8x17.8x1.6x
Thu, 22 Aug 2024RM 2.0tRM 1.2tRM 107.3b17.3x18.4x1.6x
Sat, 20 Jul 2024RM 2.0tRM 1.2tRM 105.8b18.1x19.3x1.7x
Mon, 17 Jun 2024RM 2.0tRM 1.2tRM 104.7b17.4x19.2x1.6x
Wed, 15 May 2024RM 2.0tRM 1.2tRM 100.0b17.2x19.6x1.6x
Fri, 12 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.4x18.9x1.6x
Sun, 10 Mar 2024RM 1.8tRM 1.2tRM 99.4b15.8x18.4x1.5x
Tue, 06 Feb 2024RM 1.8tRM 1.2tRM 82.9b15.5x21.7x1.5x
Thu, 04 Jan 2024RM 1.8tRM 1.2tRM 82.8b15.6x21.4x1.4x
Sat, 02 Dec 2023RM 1.7tRM 1.2tRM 82.8b15x21x1.4x
Mon, 30 Oct 2023RM 1.7tRM 1.2tRM 79.5b15.3x21.7x1.4x
Wed, 27 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.7x21.8x1.4x
Fri, 25 Aug 2023RM 1.7tRM 1.2tRM 79.0b14.9x21.8x1.4x
Price to Earnings Ratio

21.8x


Total Market Cap: RM 1.7tTotal Earnings: RM 79.0bTotal Revenue: RM 1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.9x202420252026
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 15.5x which is lower than its 3-year average PE of 17.9x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have grown 20% 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-0.20%
Utilities2.62%
Energy1.53%
Telecom0.62%
Tech0.18%
Industrials-0.09%
Consumer Discretionary-0.10%
Materials-0.31%
Real Estate-0.38%
Financials-0.86%
Consumer Staples-1.03%
Healthcare-1.61%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 123x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 28.6%, which is higher than its past year's earnings growth of 12.2% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 16.7x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 4.2% 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
YTLPOWR YTL Power International BerhadRM 4.986.4%
+RM 2.6b		14.2%PE20.7xUtilities
YTL YTL Corporation BerhadRM 2.307.0%
+RM 1.7b		-15.1%PE15.6xUtilities
PCHEM PETRONAS Chemicals Group BerhadRM 4.533.0%
+RM 1.0b		24.1%PS1.4xMaterials
HLBANK Hong Leong Bank BerhadRM 22.741.9%
+RM 861.2m		13.7%PB1.2xFinancials
NESTLE Nestlé (Malaysia) BerhadRM 103.003.4%
+RM 797.3m		18.4%PE40.3xConsumer Staples
See more

Market Insights

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Latest News

MAXIS
RM 3.75
Maxis Berhad
7D
2.5%
1Y
8.1%
HLBANK
RM 22.74
Hong Leong Bank Berhad
7D
1.9%
1Y
13.7%
SDG
RM 6.53
SD Guthrie Berhad
7D
-4.4%
1Y
31.7%
YTLPOWR
RM 4.98
YTL Power International Berhad
7D
6.4%
1Y
14.2%
RANHILL
RM 2.69
Ranhill Utilities Berhad
7D
15.9%
1Y
93.5%
TENAGA
RM 14.48
Tenaga Nasional Berhad
7D
0.6%
1Y
6.3%
WPRTS
RM 6.80
Westports Holdings Berhad
7D
-3.5%
1Y
20.1%
PCHEM
RM 4.53
PETRONAS Chemicals Group Berhad
7D
3.0%
1Y
24.1%
PMETAL
RM 7.78
Press Metal Aluminium Holdings Berhad
7D
-2.1%
1Y
38.9%
MAYBANK
RM 10.58
Malayan Banking Berhad
7D
-0.8%
1Y
8.2%
NESTLE
RM 103.00
Nestlé (Malaysia) Berhad
7D
3.4%
1Y
18.4%
SUNWAY
RM 5.07
Sunway Berhad
7D
-3.1%
1Y
7.0%
IHH
RM 8.14
IHH Healthcare Berhad
7D
-2.5%
1Y
19.4%
Narrative Update • Jun 16

IHH: Steady Margins And Stable Assumptions Will Support Bullish Outlook

Analysts have reaffirmed their MYR price target for IHH Healthcare Berhad at roughly MYR 10.13, citing updated assumptions around revenue growth, profit margins, and future P/E that remain broadly in line with previous forecasts. What's in the News for IHH Healthcare Berhad IHH Healthcare Berhad reported property, plant and equipment written off of MYR 1 million for the first quarter ended March 31, 2026, in line with the MYR 1 million written off in the same period a year earlier.
RHBBANK
RM 8.59
RHB Bank Berhad
7D
-3.3%
1Y
33.6%
PBBANK
RM 5.10
Public Bank Berhad
7D
-1.5%
1Y
14.3%
YTL
RM 2.30
YTL Corporation Berhad
7D
7.0%
1Y
-15.1%