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Malaysian (KLSE) Market Analysis & Valuation

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies1060
  • 7D-1.7%
  • 3M4.6%
  • 1Y7.6%
  • YTD2.6%

Over the last 7 days, the market has dropped 1.7%, driven by a decline of 2.4% in the Financials sector. In contrast to the last week, the market is actually up 7.6% over the past year. Looking forward, earnings are forecast to grow by 11% annually.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Mar 2026RM 2.1tRM 1.3tRM 123.0b14.4x16.9x1.6x
Thu, 29 Jan 2026RM 2.1tRM 1.3tRM 118.9b14x17.7x1.6x
Sat, 27 Dec 2025RM 2.0tRM 1.3tRM 118.7b13.9x17x1.5x
Mon, 24 Nov 2025RM 2.0tRM 1.3tRM 114.8b13.9x17.2x1.5x
Wed, 22 Oct 2025RM 2.0tRM 1.3tRM 111.9b14.8x17.8x1.5x
Fri, 19 Sep 2025RM 1.9tRM 1.3tRM 112.1b14.7x17.3x1.5x
Sun, 17 Aug 2025RM 1.9tRM 1.3tRM 114.0b14.1x16.7x1.5x
Tue, 15 Jul 2025RM 1.9tRM 1.3tRM 115.6b13.9x16.2x1.4x
Thu, 12 Jun 2025RM 1.8tRM 1.3tRM 115.7b13.6x16x1.4x
Sat, 10 May 2025RM 1.9tRM 1.3tRM 118.5b14x15.7x1.4x
Mon, 07 Apr 2025RM 1.8tRM 1.3tRM 118.2b14x15.2x1.4x
Wed, 05 Mar 2025RM 1.8tRM 1.3tRM 118.5b13.9x15.6x1.4x
Fri, 31 Jan 2025RM 1.9tRM 1.3tRM 115.7b14.8x16.6x1.5x
Sun, 29 Dec 2024RM 2.0tRM 1.3tRM 115.1b15.3x17.5x1.6x
Tue, 26 Nov 2024RM 2.0tRM 1.3tRM 111.7b15.6x17.5x1.5x
Thu, 24 Oct 2024RM 2.0tRM 1.3tRM 113.8b15.5x17.5x1.6x
Sat, 21 Sep 2024RM 2.0tRM 1.3tRM 113.1b15.8x17.8x1.6x
Mon, 19 Aug 2024RM 2.0tRM 1.2tRM 106.7b17.5x18.5x1.6x
Wed, 17 Jul 2024RM 2.0tRM 1.2tRM 105.8b18.1x19.2x1.7x
Fri, 14 Jun 2024RM 2.0tRM 1.2tRM 104.8b17.4x19.2x1.6x
Sun, 12 May 2024RM 1.9tRM 1.2tRM 99.9b16.9x19.5x1.6x
Tue, 09 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.4x18.9x1.6x
Thu, 07 Mar 2024RM 1.8tRM 1.2tRM 99.5b15.7x18.3x1.5x
Sat, 03 Feb 2024RM 1.8tRM 1.2tRM 83.3b15.7x21.8x1.5x
Mon, 01 Jan 2024RM 1.8tRM 1.2tRM 83.1b15.6x21.2x1.4x
Wed, 29 Nov 2023RM 1.7tRM 1.2tRM 81.6b15.3x21.3x1.4x
Fri, 27 Oct 2023RM 1.7tRM 1.2tRM 79.2b15.3x21.8x1.4x
Sun, 24 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.7x21.9x1.4x
Tue, 22 Aug 2023RM 1.7tRM 1.2tRM 81.3b14.9x21.1x1.4x
Thu, 20 Jul 2023RM 1.7tRM 1.2tRM 82.6b14.1x20.3x1.4x
Sat, 17 Jun 2023RM 1.6tRM 1.2tRM 82.8b13.7x19.9x1.3x
Mon, 15 May 2023RM 1.7tRM 1.4tRM 125.7b13x13.3x1.2x
Wed, 12 Apr 2023RM 1.7tRM 1.2tRM 119.1b13.3x14.2x1.4x
Fri, 10 Mar 2023RM 1.7tRM 1.2tRM 119.0b13.8x14.2x1.4x
Price to Earnings Ratio

14.2x


Total Market Cap: RM 1.7tTotal Earnings: RM 119.0bTotal Revenue: RM 1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 18x202420252026
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 18.0x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 2.4% 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 and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Malaysian Market?

MY Market-1.67%
Healthcare2.15%
Industrials-0.14%
Tech-0.33%
Consumer Discretionary-1.05%
Consumer Staples-1.16%
Energy-1.82%
Real Estate-1.87%
Utilities-2.08%
Telecom-2.08%
Financials-2.44%
Materials-5.82%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 41.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 35.1% which is higher than its past year's earnings decline of 5.1% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 20.3x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings decline of 5.1% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline 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
RHBBANK RHB Bank BerhadRM 8.463.8%
+RM 1.4b
22.4%PB1.1xFinancials
PETDAG PETRONAS Dagangan BerhadRM 22.266.1%
+RM 1.3b
19.0%PE20.1xConsumer Discretionary
SUNCON Sunway Construction Group BerhadRM 6.9510.1%
+RM 846.5m
62.4%PE25.4xIndustrials
TENAGA Tenaga Nasional BerhadRM 14.281.0%
+RM 816.1m
4.2%PE17.5xUtilities
PCHEM PETRONAS Chemicals Group BerhadRM 3.393.0%
+RM 800.0m
-10.8%PS1xMaterials
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