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Malaysian (KLSE) Market Analysis & Valuation

UpdatedApr 04, 2026
DataAggregated Company Financials
Companies1062
  • 7D-0.4%
  • 3M0.6%
  • 1Y10.5%
  • YTD0.6%

The Materials sector gained 3.5% while the market remained flat over the last week. More promisingly, the market is up 11% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 04 Apr 2026RM 2.1tRM 1.3tRM 121.6b13.5x16.9x1.6x
Mon, 02 Mar 2026RM 2.1tRM 1.3tRM 123.0b14.4x16.9x1.6x
Wed, 28 Jan 2026RM 2.1tRM 1.3tRM 118.9b14.3x17.9x1.6x
Fri, 26 Dec 2025RM 2.0tRM 1.3tRM 118.7b13.9x17x1.5x
Sun, 23 Nov 2025RM 2.0tRM 1.3tRM 114.1b13.9x17.3x1.5x
Tue, 21 Oct 2025RM 2.0tRM 1.3tRM 111.9b14.7x17.6x1.5x
Thu, 18 Sep 2025RM 1.9tRM 1.3tRM 112.1b14.6x17.3x1.5x
Sat, 16 Aug 2025RM 1.9tRM 1.3tRM 114.0b14.1x16.7x1.5x
Mon, 14 Jul 2025RM 1.9tRM 1.3tRM 115.6b13.9x16.2x1.4x
Wed, 11 Jun 2025RM 1.8tRM 1.3tRM 115.7b13.7x15.9x1.4x
Fri, 09 May 2025RM 1.8tRM 1.3tRM 118.5b13.9x15.6x1.4x
Sun, 06 Apr 2025RM 1.8tRM 1.3tRM 118.2b14x15.2x1.4x
Tue, 04 Mar 2025RM 1.9tRM 1.3tRM 118.4b14.5x15.8x1.4x
Thu, 30 Jan 2025RM 1.9tRM 1.3tRM 115.6b14.8x16.6x1.5x
Sat, 28 Dec 2024RM 2.0tRM 1.3tRM 115.0b15.4x17.5x1.6x
Mon, 25 Nov 2024RM 2.0tRM 1.3tRM 111.7b15.7x17.5x1.5x
Wed, 23 Oct 2024RM 2.0tRM 1.3tRM 113.8b15.5x17.5x1.6x
Fri, 20 Sep 2024RM 2.0tRM 1.3tRM 113.1b15.7x17.7x1.6x
Sun, 18 Aug 2024RM 2.0tRM 1.2tRM 106.7b17.5x18.5x1.6x
Tue, 16 Jul 2024RM 2.0tRM 1.2tRM 105.7b18.2x19.3x1.7x
Thu, 13 Jun 2024RM 2.0tRM 1.2tRM 104.7b17.2x19.1x1.6x
Sat, 11 May 2024RM 1.9tRM 1.2tRM 99.9b16.9x19.5x1.6x
Mon, 08 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.4x18.9x1.6x
Wed, 06 Mar 2024RM 1.8tRM 1.2tRM 99.4b15.7x18.4x1.5x
Fri, 02 Feb 2024RM 1.8tRM 1.2tRM 83.2b15.8x21.8x1.5x
Sun, 31 Dec 2023RM 1.8tRM 1.2tRM 83.1b15.6x21.2x1.4x
Tue, 28 Nov 2023RM 1.7tRM 1.2tRM 81.3b15.5x21.4x1.4x
Thu, 26 Oct 2023RM 1.7tRM 1.2tRM 79.2b15.3x21.8x1.4x
Sat, 23 Sep 2023RM 1.7tRM 1.2tRM 79.8b15.7x21.9x1.4x
Mon, 21 Aug 2023RM 1.7tRM 1.2tRM 81.3b14.9x21.1x1.4x
Wed, 19 Jul 2023RM 1.7tRM 1.2tRM 82.5b14.1x20.3x1.4x
Fri, 16 Jun 2023RM 1.6tRM 1.2tRM 82.9b13.7x19.8x1.3x
Sun, 14 May 2023RM 1.7tRM 1.4tRM 125.7b13x13.3x1.2x
Tue, 11 Apr 2023RM 1.7tRM 1.2tRM 119.1b13.2x14.1x1.4x
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 Market-0.37%
Materials3.47%
Utilities2.81%
Energy2.22%
Consumer Staples1.49%
Tech0.28%
Telecom0.087%
Consumer Discretionary-1.29%
Real Estate-1.31%
Healthcare-1.63%
Industrials-2.27%
Financials-2.34%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 57.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 40.1% which is higher than its past year's earnings decline of 1.2% 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 40% over the next 5 years.
  • This is better than its past earnings decline of 1.2% 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
YTLPOWR YTL Power International BerhadRM 3.5119.8%
+RM 5.0b		9.7%PE13.5xUtilities
KLK Kuala Lumpur Kepong BerhadRM 22.8813.7%
+RM 3.1b		11.7%PE26xConsumer Staples
PMETAL Press Metal Aluminium Holdings BerhadRM 7.944.3%
+RM 2.7b		61.7%PE31.1xMaterials
YTL YTL Corporation BerhadRM 1.8812.6%
+RM 2.4b		-1.6%PE12xUtilities
SDG SD Guthrie BerhadRM 6.204.7%
+RM 1.9b		29.4%PE17.1xConsumer Staples
See more

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PBBANK
RM 4.66
Public Bank Berhad
7D
-2.9%
1Y
6.6%
YTLPOWR
RM 3.51
YTL Power International Berhad
7D
19.8%
1Y
9.7%
PCHEM
RM 5.90
PETRONAS Chemicals Group Berhad
7D
1.7%
1Y
79.9%

PCHEM: Higher Future P E And Dividend Support Will Drive Re Rating

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TOPGLOV
RM 0.81
Top Glove Corporation Bhd
7D
42.1%
1Y
-1.8%
MAYBANK
RM 11.26
Malayan Banking Berhad
7D
-1.7%
1Y
10.0%
CIMB
RM 7.49
CIMB Group Holdings Berhad
7D
-2.7%
1Y
6.8%
TENAGA
RM 14.04
Tenaga Nasional Berhad
7D
-2.4%
1Y
4.2%
PPB
RM 12.12
PPB Group Berhad
7D
5.4%
1Y
5.8%
PMETAL
RM 7.94
Press Metal Aluminium Holdings Berhad
7D
4.3%
1Y
61.7%
SDG
RM 6.20
SD Guthrie Berhad
7D
4.7%
1Y
29.4%
SUNWAY
RM 5.03
Sunway Berhad
7D
-8.0%
1Y
15.4%
YTL
RM 1.88
YTL Corporation Berhad
7D
12.6%
1Y
-1.6%
KLK
RM 22.88
Kuala Lumpur Kepong Berhad
7D
13.7%
1Y
11.7%
WPRTS
RM 5.30
Westports Holdings Berhad
7D
-10.2%
1Y
11.6%
99SMART
RM 3.24
99 Speed Mart Retail Holdings Berhad
7D
-6.9%
1Y
59.6%

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