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Malaysian (KLSE) Market Analysis & Valuation

UpdatedJul 27, 2026
DataAggregated Company Financials
Companies1081
  • 7D-0.8%
  • 3M-1.1%
  • 1Y8.6%
  • YTD2.3%

Over the last 7 days, the market has remained flat, although notably the Information Technology sector gained 4.5% in that time. As for the longer term, the market has risen 8.6% in the past 12 months. Looking forward, earnings are forecast to grow by 9.1% annually.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 Jul 2026RM 2.1tRM 1.3tRM 136.8b13.7x15.3x1.6x
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
Price to Earnings Ratio

20.8x


Total Market Cap: RM 1.7tTotal Earnings: RM 81.9bTotal Revenue: RM 1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 18x202420252026
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 15.3x which is lower than its 3-year average PE of 18.0x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have grown 19% 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-0.78%
Tech4.55%
Industrials1.42%
Materials0.38%
Energy-0.28%
Utilities-0.52%
Real Estate-0.89%
Consumer Staples-1.34%
Consumer Discretionary-1.49%
Healthcare-1.75%
Financials-2.29%
Telecom-2.56%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 114x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.9%, which is higher than its past year's earnings growth of 16.1% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 17.2x.
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 16% 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
WPRTS Westports Holdings BerhadRM 6.834.6%
+RM 1.0b		21.5%PE19.1xIndustrials
TENAGA Tenaga Nasional BerhadRM 14.461.1%
+RM 932.7m		8.2%PE17.5xUtilities
MI Mi Technovation BerhadRM 5.6816.6%
+RM 717.0m		174.4%PE34.3xTech
MISC MISC BerhadRM 8.122.0%
+RM 714.2m		6.6%PE20.9xIndustrials
UNISEM Unisem (M) BerhadRM 4.868.5%
+RM 613.0m		110.4%PE116.5xTech
See more

Market Insights

Header cover image
Healthcare just hit its lowest market weight since 1994. But dig deeper into the sector, and the collapse starts to look like a costume in some ways.
Continue reading
A brand’s strength doesn’t always last

Latest News

MI
RM 5.68
Mi Technovation Berhad
7D
16.6%
1Y
174.4%
CDB
RM 2.88
Celcomdigi Berhad
7D
-3.4%
1Y
-24.0%
UNISEM
RM 4.86
Unisem (M) Berhad
7D
8.5%
1Y
110.4%
WPRTS
RM 6.83
Westports Holdings Berhad
7D
4.6%
1Y
21.5%
UTDPLT
RM 33.00
United Plantations Berhad
7D
-4.6%
1Y
50.7%
CIMB
RM 7.80
CIMB Group Holdings Berhad
7D
0.6%
1Y
15.6%
VITROX
RM 7.99
ViTrox Corporation Berhad
7D
3.9%
1Y
105.9%
FRONTKN
RM 5.09
Frontken Corporation Berhad
7D
6.3%
1Y
23.8%
IOICORP
RM 4.45
IOI Corporation Berhad
7D
-3.1%
1Y
15.3%
KLK
RM 20.82
Kuala Lumpur Kepong Berhad
7D
-3.5%
1Y
5.2%
TENAGA
RM 14.46
Tenaga Nasional Berhad
7D
1.1%
1Y
8.2%
MISC
RM 8.12
MISC Berhad
7D
2.0%
1Y
6.6%
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.
IHH
RM 8.34
IHH Healthcare Berhad
7D
-1.9%
1Y
25.2%
Narrative Update • Jun 16

IHH: Steady Margins And Stable Assumptions Will Support Bullish Outlook

Analysts have reaffirmed their MYR price target for IHH Healthcare Berhad at roughly MYR 10.13, citing updated assumptions around revenue growth, profit margins, and future P/E that remain broadly in line with previous forecasts. What's in the News for IHH Healthcare Berhad IHH Healthcare Berhad reported property, plant and equipment written off of MYR 1 million for the first quarter ended March 31, 2026, in line with the MYR 1 million written off in the same period a year earlier.
SDG
RM 6.59
SD Guthrie Berhad
7D
-2.1%
1Y
35.6%
MAYBANK
RM 10.90
Malayan Banking Berhad
7D
-1.1%
1Y
14.3%
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...
MRDIY
RM 1.59
Mr D.I.Y. Group (M) Berhad
7D
-5.4%
1Y
-1.9%