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Malaysian (KLSE) Market Analysis & Valuation

UpdatedApr 02, 2026
DataAggregated Company Financials
Companies1062
  • 7D0.1%
  • 3M0.5%
  • 1Y8.9%
  • YTD0.9%

In the last week, the market has stayed flat, however the Materials sector stood out, gaining 5.0%. More promisingly, the market is up 8.0% over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Apr 2026RM 2.1tRM 1.3tRM 121.6b13.4x17x1.6x
Sat, 28 Feb 2026RM 2.1tRM 1.3tRM 126.9b14.2x16.3x1.6x
Mon, 26 Jan 2026RM 2.1tRM 1.3tRM 118.8b14.2x17.6x1.6x
Wed, 24 Dec 2025RM 2.0tRM 1.3tRM 118.7b13.9x17x1.5x
Fri, 21 Nov 2025RM 2.0tRM 1.3tRM 113.5b14.4x17.4x1.5x
Sun, 19 Oct 2025RM 2.0tRM 1.3tRM 111.9b14.6x17.6x1.5x
Tue, 16 Sep 2025RM 1.9tRM 1.3tRM 112.1b14.5x17.2x1.5x
Thu, 14 Aug 2025RM 1.9tRM 1.3tRM 115.8b13.9x16.5x1.5x
Sat, 12 Jul 2025RM 1.9tRM 1.3tRM 115.6b13.8x16.2x1.4x
Mon, 09 Jun 2025RM 1.8tRM 1.3tRM 115.7b13.6x15.9x1.4x
Wed, 07 May 2025RM 1.8tRM 1.3tRM 118.1b13.8x15.6x1.4x
Fri, 04 Apr 2025RM 1.8tRM 1.3tRM 118.2b14.2x15.4x1.4x
Sun, 02 Mar 2025RM 1.9tRM 1.3tRM 117.3b14.3x16x1.4x
Tue, 28 Jan 2025RM 1.9tRM 1.3tRM 115.6b14.9x16.7x1.5x
Thu, 26 Dec 2024RM 2.0tRM 1.3tRM 115.0b15.3x17.2x1.5x
Sat, 23 Nov 2024RM 1.9tRM 1.3tRM 111.6b15.7x17.5x1.5x
Mon, 21 Oct 2024RM 2.0tRM 1.3tRM 113.8b15.6x17.5x1.6x
Wed, 18 Sep 2024RM 2.0tRM 1.3tRM 113.2b15.5x17.6x1.6x
Fri, 16 Aug 2024RM 2.0tRM 1.2tRM 106.3b17.3x18.4x1.6x
Sun, 14 Jul 2024RM 2.0tRM 1.2tRM 105.7b18x19.1x1.6x
Tue, 11 Jun 2024RM 2.0tRM 1.2tRM 105.0b17.4x19x1.6x
Thu, 09 May 2024RM 2.0tRM 1.2tRM 99.9b16.8x19.5x1.6x
Sat, 06 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.4x18.9x1.6x
Mon, 04 Mar 2024RM 1.8tRM 1.2tRM 99.3b15.7x18.4x1.5x
Wed, 31 Jan 2024RM 1.8tRM 1.2tRM 83.1b15.9x21.9x1.5x
Fri, 29 Dec 2023RM 1.8tRM 1.2tRM 83.1b15.4x21.2x1.4x
Sun, 26 Nov 2023RM 1.7tRM 1.2tRM 81.2b15.5x21.5x1.4x
Tue, 24 Oct 2023RM 1.7tRM 1.2tRM 79.2b15.3x21.6x1.4x
Thu, 21 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.7x21.9x1.4x
Sat, 19 Aug 2023RM 1.7tRM 1.2tRM 81.3b15x21.1x1.4x
Mon, 17 Jul 2023RM 1.7tRM 1.2tRM 82.5b14x20.3x1.4x
Wed, 14 Jun 2023RM 1.6tRM 1.2tRM 82.9b13.9x19.8x1.3x
Fri, 12 May 2023RM 1.7tRM 1.2tRM 117.9b13.1x14.2x1.4x
Sun, 09 Apr 2023RM 1.7tRM 1.2tRM 119.1b13.3x14.1x1.4x
Price to Earnings Ratio

14.1x


Total Market Cap: RM 1.7tTotal Earnings: RM 119.1bTotal 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 Market0.13%
Materials2.51%
Consumer Staples1.94%
Healthcare1.71%
Utilities1.13%
Energy0.70%
Real Estate-0.0018%
Tech-0.48%
Financials-0.48%
Consumer Discretionary-1.03%
Industrials-1.74%
Telecom-2.22%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 56.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 43.3% which is higher than its past year's earnings decline of 0.5% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 19.6x.
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 0.5% 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
PMETAL Press Metal Aluminium Holdings BerhadRM 7.955.3%
+RM 3.3b		58.1%PE31.2xMaterials
MAYBANK Malayan Banking BerhadRM 11.661.9%
+RM 2.7b		13.0%PB1.5xFinancials
KLK Kuala Lumpur Kepong BerhadRM 21.529.8%
+RM 2.1b		5.4%PE24.5xConsumer Staples
YTLPOWR YTL Power International BerhadRM 3.085.8%
+RM 1.5b		-8.6%PE11.9xUtilities
SDG SD Guthrie BerhadRM 6.013.6%
+RM 1.5b		22.9%PE16.6xConsumer Staples
See more

Market Insights

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Latest News

MAYBANK
RM 11.66
Malayan Banking Berhad
7D
1.9%
1Y
13.0%
CIMB
RM 7.71
CIMB Group Holdings Berhad
7D
-2.3%
1Y
8.0%
PETGAS
RM 18.26
PETRONAS Gas Berhad
7D
2.6%
1Y
8.2%
TM
RM 7.12
Telekom Malaysia Berhad
7D
-2.7%
1Y
8.0%

TM: 5G Network Shift And Dividends Will Support Steady Long Term Outlook

Analysts have made a small upward adjustment to Telekom Malaysia Berhad's fair value estimate, moving it from MYR7.96 to MYR7.97, reflecting slightly updated assumptions around long term growth, margins and future P/E levels. What's in the News TM plans to enter a new 5G Multi-Operator Core Network arrangement with U Mobile, aligning its mobile services with its broader convergence ambitions across consumer, SME and enterprise segments (Key Developments).
TENAGA
RM 14.08
Tenaga Nasional Berhad
7D
-2.4%
1Y
2.3%
TOPGLOV
RM 0.66
Top Glove Corporation Bhd
7D
18.9%
1Y
-18.0%
GAMUDA
RM 3.84
Gamuda Berhad
7D
-7.7%
1Y
-9.0%
IOIPG
RM 3.46
IOI Properties Group Berhad
7D
5.2%
1Y
79.3%
PMETAL
RM 7.95
Press Metal Aluminium Holdings Berhad
7D
5.3%
1Y
58.1%
MAXIS
RM 3.53
Maxis Berhad
7D
-2.8%
1Y
3.5%
SDG
RM 6.01
SD Guthrie Berhad
7D
3.6%
1Y
22.9%
PBBANK
RM 4.77
Public Bank Berhad
7D
-3.2%
1Y
8.7%
YTLPOWR
RM 3.08
YTL Power International Berhad
7D
5.8%
1Y
-8.6%
MRDIY
RM 1.52
Mr D.I.Y. Group (M) Berhad
7D
-7.9%
1Y
4.8%
KLK
RM 21.52
Kuala Lumpur Kepong Berhad
7D
9.8%
1Y
5.4%
99SMART
RM 3.39
99 Speed Mart Retail Holdings Berhad
7D
-3.4%
1Y
68.7%

Analyst Estimates: Here's What Brokers Think Of 99 Speed Mart Retail Holdings Berhad (KLSE:99SMART) After Its Yearly Report

Feb 16
Analyst Estimates: Here's What Brokers Think Of 99 Speed Mart Retail Holdings Berhad (KLSE:99SMART) After Its Yearly Report