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Malaysian (KLSE) Market Analysis & Valuation

UpdatedJun 24, 2026
DataAggregated Company Financials
Companies1071
  • 7D-1.4%
  • 3M0.1%
  • 1Y9.9%
  • YTD1.1%

Over the last 7 days, the market has dropped 1.4%, driven by a decline of 2.5% in the Financials sector. In contrast to the last week, the market is actually up 9.9% over the past year. As for the next few years, earnings are expected to grow by 8.7% per annum.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Jun 2026RM 2.1tRM 1.3tRM 136.3b13.5x15.2x1.6x
Fri, 22 May 2026RM 2.1tRM 1.3tRM 124.3b14.1x17x1.6x
Sun, 19 Apr 2026RM 2.1tRM 1.3tRM 123.3b14.1x16.9x1.6x
Tue, 17 Mar 2026RM 2.0tRM 1.3tRM 122.3b13.7x16.6x1.6x
Thu, 12 Feb 2026RM 2.1tRM 1.3tRM 119.0b14.1x17.6x1.6x
Sat, 10 Jan 2026RM 2.0tRM 1.3tRM 118.7b14.3x17.3x1.6x
Mon, 08 Dec 2025RM 2.0tRM 1.3tRM 115.0b13.9x17.1x1.5x
Wed, 05 Nov 2025RM 2.0tRM 1.3tRM 112.5b14.3x17.6x1.5x
Fri, 03 Oct 2025RM 2.0tRM 1.3tRM 111.9b14.9x17.8x1.5x
Sun, 31 Aug 2025RM 1.9tRM 1.3tRM 112.9b14.4x16.8x1.5x
Tue, 29 Jul 2025RM 1.9tRM 1.3tRM 115.8b13.8x16.2x1.4x
Thu, 26 Jun 2025RM 1.8tRM 1.3tRM 115.8b13.6x15.9x1.4x
Sat, 24 May 2025RM 1.9tRM 1.3tRM 117.9b13.9x15.7x1.4x
Mon, 21 Apr 2025RM 1.8tRM 1.3tRM 118.2b13.7x15.1x1.4x
Wed, 19 Mar 2025RM 1.8tRM 1.3tRM 118.2b14.2x15.5x1.4x
Fri, 14 Feb 2025RM 1.9tRM 1.3tRM 114.6b15.1x16.9x1.5x
Sun, 12 Jan 2025RM 2.0tRM 1.3tRM 115.1b15.3x17.3x1.5x
Tue, 10 Dec 2024RM 2.0tRM 1.3tRM 114.7b15.5x17.3x1.6x
Thu, 07 Nov 2024RM 2.0tRM 1.3tRM 113.6b15.9x17.5x1.6x
Sat, 05 Oct 2024RM 2.0tRM 1.3tRM 113.3b15.5x17.4x1.6x
Mon, 02 Sep 2024RM 2.0tRM 1.3tRM 112.8b16x17.6x1.6x
Wed, 31 Jul 2024RM 2.0tRM 1.2tRM 105.8b17.8x18.9x1.6x
Fri, 28 Jun 2024RM 2.0tRM 1.2tRM 105.0b17.2x18.7x1.6x
Sun, 26 May 2024RM 2.0tRM 1.2tRM 101.1b17.9x19.8x1.6x
Tue, 23 Apr 2024RM 1.9tRM 1.2tRM 99.7b16.1x18.7x1.5x
Thu, 21 Mar 2024RM 1.8tRM 1.2tRM 99.4b16x18.5x1.5x
Sat, 17 Feb 2024RM 1.8tRM 1.2tRM 82.5b15.7x22.2x1.5x
Mon, 15 Jan 2024RM 1.8tRM 1.2tRM 82.8b15.8x21.8x1.5x
Wed, 13 Dec 2023RM 1.7tRM 1.2tRM 82.9b15.1x20.9x1.4x
Fri, 10 Nov 2023RM 1.7tRM 1.3tRM 105.2b15.9x16.6x1.3x
Sun, 08 Oct 2023RM 1.7tRM 1.2tRM 79.0b15.6x21.6x1.4x
Tue, 05 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.9x21.9x1.4x
Thu, 03 Aug 2023RM 1.7tRM 1.2tRM 81.9b14.6x20.8x1.4x
Sat, 01 Jul 2023RM 1.6tRM 1.2tRM 82.7b13.9x19.7x1.3x
Price to Earnings Ratio

19.7x


Total Market Cap: RM 1.6tTotal Earnings: RM 82.7bTotal 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 15.2x 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 2.1% 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-1.38%
Consumer Staples1.67%
Consumer Discretionary-0.034%
Real Estate-0.69%
Industrials-1.25%
Utilities-1.41%
Energy-1.79%
Materials-1.87%
Healthcare-1.88%
Financials-2.49%
Telecom-3.03%
Tech-4.17%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 80.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.7%, 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 17.9x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 28% 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 3.6% 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
99SMART 99 Speed Mart Retail Holdings BerhadRM 3.626.5%
+RM 1.8b		70.8%PE46.7xConsumer Staples
KLK Kuala Lumpur Kepong BerhadRM 21.604.0%
+RM 935.5m		6.8%PE21.5xConsumer Staples
UTDPLT United Plantations BerhadRM 33.624.3%
+RM 871.0m		55.2%PE25.4xConsumer Staples
PMETAL Press Metal Aluminium Holdings BerhadRM 8.291.1%
+RM 741.6m		65.8%PE30.2xMaterials
MISC MISC BerhadRM 8.102.0%
+RM 714.2m		5.9%PE20.8xIndustrials
See more

Market Insights

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Latest News

99SMART
RM 3.62
99 Speed Mart Retail Holdings Berhad
7D
6.5%
1Y
70.8%
CIMB
RM 7.43
CIMB Group Holdings Berhad
7D
-4.5%
1Y
9.7%
PCHEM
RM 4.10
PETRONAS Chemicals Group Berhad
7D
-9.5%
1Y
25.0%
Narrative Update • Jun 23

PCHEM: Softer Margins But Upgraded Cycle Outlook Supports Re-Rating Potential

Analysts have lifted their price target on PETRONAS Chemicals Group Berhad to MYR 5.81 from MYR 3.42, citing updated assumptions on fair value, discount rate, revenue growth, profit margins and future P/E after recent research updates. What's in the News for PETRONAS Chemicals Group Berhad No recent news stories for PETRONAS Chemicals Group Berhad were provided in the available sources.
CDB
RM 2.68
Celcomdigi Berhad
7D
-4.3%
1Y
-30.9%
Narrative Update • Jun 23

CDB: Steady Outlook Where 2026 Dividend And Margins Will Shape Return Profile

Analysts have kept their MYR based fair value for Celcomdigi Berhad steady at MYR 2.80, citing only modest adjustments to revenue growth, profit margin and future P/E assumptions that did not justify a change in the overall price target. 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.
YTLPOWR
RM 4.08
YTL Power International Berhad
7D
-3.5%
1Y
10.3%
MISC
RM 8.10
MISC Berhad
7D
2.0%
1Y
5.9%
Narrative Update • Jun 17

MISC: Long-Term LNG Contracts Will Support Future Stock Returns

Analysts have kept their fair value estimate for MISC Berhad steady at MYR8.99 while making small technical adjustments to inputs such as the discount rate and future P/E. This reflects fine tuning of their valuation model rather than a shift in the core price target view.
SDG
RM 6.09
SD Guthrie Berhad
7D
1.5%
1Y
34.4%
PMETAL
RM 8.29
Press Metal Aluminium Holdings Berhad
7D
1.1%
1Y
65.8%
Analysis Article • Jun 15

With EPS Growth And More, Press Metal Aluminium Holdings Berhad (KLSE:PMETAL) Makes An Interesting Case

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
TENAGA
RM 14.38
Tenaga Nasional Berhad
7D
-1.2%
1Y
1.0%
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.
MAYBANK
RM 10.82
Malayan Banking Berhad
7D
-3.0%
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...
PBBANK
RM 4.87
Public Bank Berhad
7D
-3.6%
1Y
13.3%
KLK
RM 21.60
Kuala Lumpur Kepong Berhad
7D
4.0%
1Y
6.8%
JPG
RM 1.83
Johor Plantations Group Berhad
7D
9.6%
1Y
51.2%
MAXIS
RM 3.28
Maxis Berhad
7D
-3.8%
1Y
-10.4%
ECOSHOP
RM 1.34
Eco-Shop Marketing Berhad
7D
5.5%
1Y
8.9%
UTDPLT
RM 33.62
United Plantations Berhad
7D
4.3%
1Y
55.2%