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Malaysian (KLSE) Market Analysis & Valuation

UpdatedFeb 28, 2026
DataAggregated Company Financials
Companies1061
  • 7D-1.7%
  • 3M5.3%
  • 1Y7.5%
  • 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 7.5% over the past year. Looking forward, earnings are forecast to grow by 10% annually.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Tue, 07 Mar 2023RM 1.7tRM 1.2tRM 118.7b13.8x14.3x1.4x
Price to Earnings Ratio

14.3x


Total Market Cap: RM 1.7tTotal Earnings: RM 118.7bTotal 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 grown 2.3% per year over the last three years.
  • Revenues for these companies have grown 2.3% 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-1.67%
Healthcare2.15%
Industrials-0.14%
Tech-0.32%
Consumer Discretionary-1.06%
Consumer Staples-1.16%
Energy-1.82%
Real Estate-1.87%
Utilities-2.08%
Telecom-2.08%
Financials-2.44%
Materials-5.81%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 39.8x.
    • 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 6.4% 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 6.4% per year.
  • In contrast, the Real Estate industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
IHH IHH Healthcare BerhadRM 9.123.2%
+RM 2.5b		22.4%PE35xHealthcare
TENAGA Tenaga Nasional BerhadRM 14.381.6%
+RM 1.3b		5.7%PE17.6xUtilities
SUNCON Sunway Construction Group BerhadRM 7.0512.3%
+RM 1.0b		64.0%PE25.8xIndustrials
PETDAG PETRONAS Dagangan BerhadRM 21.984.9%
+RM 1.0b		14.5%PE19.9xConsumer Discretionary
RHBBANK RHB Bank BerhadRM 8.402.7%
+RM 959.6m		21.6%PB1.1xFinancials
See more

Market Insights

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CIMB
RM 8.04
CIMB Group Holdings Berhad
7D
-5.3%
1Y
2.9%
PBBANK
RM 4.93
Public Bank Berhad
7D
-2.0%
1Y
8.8%
TENAGA
RM 14.38
Tenaga Nasional Berhad
7D
1.6%
1Y
5.7%
MAYBANK
RM 11.96
Malayan Banking Berhad
7D
-2.1%
1Y
11.6%
SIME
RM 2.44
Sime Darby Berhad
7D
6.1%
1Y
11.4%
YTLPOWR
RM 2.83
YTL Power International Berhad
7D
-6.3%
1Y
-10.7%
YTL
RM 1.84
YTL Corporation Berhad
7D
-9.4%
1Y
-2.6%
PMETAL
RM 7.13
Press Metal Aluminium Holdings Berhad
7D
-7.4%
1Y
41.2%
TM
RM 7.45
Telekom Malaysia Berhad
7D
-7.6%
1Y
9.1%

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PETDAG
RM 21.98
PETRONAS Dagangan Berhad
7D
4.9%
1Y
14.5%
PCHEM
RM 3.00
PETRONAS Chemicals Group Berhad
7D
-13.0%
1Y
-19.4%
SUNCON
RM 7.05
Sunway Construction Group Berhad
7D
12.3%
1Y
64.0%
IHH
RM 9.12
IHH Healthcare Berhad
7D
3.2%
1Y
22.4%

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TANCO
RM 1.59
Tanco Holdings Berhad
7D
8.9%
1Y
114.4%

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VITROX
RM 4.60
ViTrox Corporation Berhad
7D
8.7%
1Y
48.4%

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Jan 29
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RHBBANK
RM 8.40
RHB Bank Berhad
7D
2.7%
1Y
21.6%