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Malaysian (KLSE) Market Analysis & Valuation

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies1061
  • 7D-1.1%
  • 3M1.7%
  • 1Y9.3%
  • YTD0.4%

Over the last 7 days, the market has dropped 1.1%, driven by declines in the Financials and Industrials sectors of 1.7% and 2.6%, respectively. In the last year, the market is actually up 9.3%. 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, 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
Mon, 29 May 2023RM 1.7tRM 1.2tRM 117.7b13.7x14.1x1.4x
Wed, 26 Apr 2023RM 1.7tRM 1.2tRM 119.0b13.2x14.1x1.4x
Fri, 24 Mar 2023RM 1.6tRM 1.2tRM 117.1b13.3x13.9x1.3x
Price to Earnings Ratio

13.9x


Total Market Cap: RM 1.6tTotal Earnings: RM 117.1bTotal Revenue: RM 1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 18.1x202420252026
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 18.1x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 2.5% 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-1.08%
Energy0.85%
Healthcare0.73%
Consumer Staples0.35%
Real Estate-0.28%
Utilities-0.51%
Materials-0.87%
Telecom-1.13%
Tech-1.19%
Financials-1.73%
Consumer Discretionary-2.51%
Industrials-2.61%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 48.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 43.5% which is higher than its past year's earnings decline of 1.9% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 20.0x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 43% over the next 5 years.
  • This is better than its past earnings decline of 1.9% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 3.5% 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
PCHEM PETRONAS Chemicals Group BerhadRM 4.5810.4%
+RM 3.4b		21.8%PS1.3xMaterials
IHH IHH Healthcare BerhadRM 8.892.8%
+RM 2.1b		25.4%PE37.4xHealthcare
TENAGA Tenaga Nasional BerhadRM 14.182.5%
+RM 2.0b		4.6%PE17.3xUtilities
99SMART 99 Speed Mart Retail Holdings BerhadRM 3.556.0%
+RM 1.7b		74.0%PE48.6xConsumer Staples
YTLPOWR YTL Power International BerhadRM 2.776.9%
+RM 1.6b		-13.4%PE10.7xUtilities
See more

Market Insights

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Latest News

PCHEM
RM 4.58
PETRONAS Chemicals Group Berhad
7D
10.4%
1Y
21.8%
MCEMENT
RM 6.62
Malayan Cement Berhad
7D
-12.2%
1Y
38.2%
MISC
RM 8.33
MISC Berhad
7D
-4.6%
1Y
18.0%

MISC: Long-Term LNG Charters And Fleet Renewal Will Support Balanced Outlook

Analysts have made a small upward revision to their MYR fair value estimate for MISC Berhad to MYR 8.74 from MYR 8.67, citing updated assumptions around discount rate, profit margin and future P/E multiples. What's in the News MISC Berhad received a Letter of Award from PETRONAS LNG Ltd.
TENAGA
RM 14.18
Tenaga Nasional Berhad
7D
2.5%
1Y
4.6%
IHH
RM 8.89
IHH Healthcare Berhad
7D
2.8%
1Y
25.4%
GAMUDA
RM 4.15
Gamuda Berhad
7D
5.9%
1Y
1.7%
GENM
RM 1.89
Genting Malaysia Berhad
7D
-2.6%
1Y
5.6%
PMETAL
RM 7.61
Press Metal Aluminium Holdings Berhad
7D
1.6%
1Y
52.5%
RHBBANK
RM 8.25
RHB Bank Berhad
7D
-0.6%
1Y
17.9%
QL
RM 3.67
QL Resources Berhad
7D
-5.9%
1Y
-22.6%
SUNWAY
RM 5.15
Sunway Berhad
7D
-5.2%
1Y
13.4%
PBBANK
RM 4.80
Public Bank Berhad
7D
1.3%
1Y
5.7%
YTLPOWR
RM 2.77
YTL Power International Berhad
7D
6.9%
1Y
-13.4%
99SMART
RM 3.55
99 Speed Mart Retail Holdings Berhad
7D
6.0%
1Y
74.0%

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Feb 16
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DIALOG
RM 1.92
Dialog Group Berhad
7D
-6.8%
1Y
28.9%
TANCO
RM 1.38
Tanco Holdings Berhad
7D
-8.6%
1Y
78.1%

Here's Why Tanco Holdings Berhad (KLSE:TANCO) Can Manage Its Debt Responsibly

Feb 10
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