Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Malaysian (KLSE) Market Analysis & Valuation

UpdatedAug 07, 2025
DataAggregated Company Financials
Companies1040
  • 7D0.5%
  • 3M0.6%
  • 1Y-5.3%
  • YTD-7.6%

In the last week, the market has been flat. As for last year, the market is down 5.3%. Earnings are forecast to grow by 8.7% annually.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 08 Aug 2025RM 1.9tRM 1.3tRM 115.6b13.9x16.2x1.4x
Sun, 06 Jul 2025RM 1.9tRM 1.3tRM 115.7b14x16.3x1.4x
Tue, 03 Jun 2025RM 1.8tRM 1.3tRM 115.0b13.7x15.9x1.4x
Thu, 01 May 2025RM 1.8tRM 1.3tRM 118.1b14x15.5x1.4x
Sat, 29 Mar 2025RM 1.8tRM 1.3tRM 118.3b14.3x15.4x1.4x
Mon, 24 Feb 2025RM 1.9tRM 1.3tRM 114.5b14.7x16.7x1.5x
Wed, 22 Jan 2025RM 2.0tRM 1.3tRM 115.2b15.2x17x1.5x
Fri, 20 Dec 2024RM 2.0tRM 1.3tRM 115.0b15.2x17.2x1.5x
Sun, 17 Nov 2024RM 1.9tRM 1.3tRM 113.7b15.6x17.1x1.5x
Tue, 15 Oct 2024RM 2.0tRM 1.3tRM 113.3b15.4x17.5x1.6x
Thu, 12 Sep 2024RM 1.9tRM 1.3tRM 113.2b15.2x17.2x1.5x
Sat, 10 Aug 2024RM 2.0tRM 1.2tRM 106.1b17.1x18.4x1.6x
Mon, 08 Jul 2024RM 2.0tRM 1.2tRM 105.6b17.6x19x1.6x
Wed, 05 Jun 2024RM 2.0tRM 1.2tRM 105.0b17.2x18.9x1.6x
Fri, 03 May 2024RM 1.9tRM 1.2tRM 82.4b16.7x23.3x1.6x
Sun, 31 Mar 2024RM 1.9tRM 1.2tRM 99.5b16.1x18.7x1.5x
Tue, 27 Feb 2024RM 1.8tRM 1.2tRM 87.4b15.9x21.1x1.5x
Thu, 25 Jan 2024RM 1.8tRM 1.2tRM 82.8b15.8x21.9x1.5x
Sat, 23 Dec 2023RM 1.8tRM 1.2tRM 83.1b15.5x21.2x1.4x
Mon, 20 Nov 2023RM 1.8tRM 1.2tRM 80.1b15.9x21.9x1.4x
Wed, 18 Oct 2023RM 1.7tRM 1.2tRM 79.2b15.7x21.9x1.4x
Fri, 15 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.7x21.7x1.4x
Sun, 13 Aug 2023RM 1.7tRM 1.2tRM 81.8b14.9x21x1.4x
Tue, 11 Jul 2023RM 1.6tRM 1.2tRM 82.6b13.8x19.9x1.3x
Thu, 08 Jun 2023RM 1.6tRM 1.2tRM 82.7b13.7x19.8x1.3x
Sat, 06 May 2023RM 1.7tRM 2.2tRM 203.1b13.2x8.3x0.8x
Mon, 03 Apr 2023RM 1.7tRM 1.2tRM 118.8b13.4x14x1.4x
Wed, 01 Mar 2023RM 1.7tRM 1.2tRM 118.6b13.6x14.2x1.4x
Fri, 27 Jan 2023RM 1.7tRM 1.2tRM 138.8b13.5x12.5x1.4x
Sun, 25 Dec 2022RM 1.7tRM 1.2tRM 138.3b13.1x12.1x1.4x
Tue, 22 Nov 2022RM 1.6tRM 1.1tRM 134.6b13.2x12x1.4x
Thu, 20 Oct 2022RM 1.6tRM 1.1tRM 135.6b13.2x11.6x1.4x
Sat, 17 Sep 2022RM 1.6tRM 1.1tRM 136.1b13.9x12x1.4x
Mon, 15 Aug 2022RM 1.7tRM 1.1tRM 97.6b14.5x17.1x1.6x
Price to Earnings Ratio

17.1x


Total Market Cap: RM 1.7tTotal Earnings: RM 97.6bTotal Revenue: RM 1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.1x202320242025
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 17.1x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have grown 5.8% per year over the last three years.
  • Revenues for these companies have grown 6.8% 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 Market0.54%
Healthcare2.61%
Energy2.43%
Industrials1.65%
Financials1.37%
Utilities0.73%
Real Estate-0.038%
Telecom-0.15%
Consumer Staples-0.16%
Tech-0.37%
Consumer Discretionary-1.02%
Materials-2.84%
Sector PE
  • Investors favour the Tech sector the most for future growth even though it's trading below its 3-year average PE ratio of 57.9x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 21.2% which is higher than its past year's earnings decline of 2.3% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 11.1x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 2.3% 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
TENAGA Tenaga Nasional BerhadRM 13.765.7%
+RM 4.3b		-1.7%PE15.9xUtilities
MAYBANK Malayan Banking BerhadRM 9.632.6%
+RM 2.9b		-5.0%PB1.3xFinancials
IHH IHH Healthcare BerhadRM 6.954.5%
+RM 2.7b		12.3%PE25.6xHealthcare
CIMB CIMB Group Holdings BerhadRM 6.783.5%
+RM 2.5b		-7.1%PB1.1xFinancials
GAMUDA Gamuda BerhadRM 5.516.4%
+RM 1.9b		49.3%PE33.7xIndustrials
See more

Market Insights

Header cover image

🤖 The Bull and Bear Thesis on AI’s Decade of Disruption

Richard Bowman avatar
Richard Bowman
|
|
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.
Continue reading
💥 How Agentic AI Could Change Every Industry
Last Week

💥 How Agentic AI Could Change Every Industry

Latest News

MRDIY
RM 1.61
Mr D.I.Y. Group (M) Berhad
7D
-2.4%
1Y
-21.8%

Estimating The Fair Value Of Mr D.I.Y. Group (M) Berhad (KLSE:MRDIY)

Aug 07
Estimating The Fair Value Of Mr D.I.Y. Group (M) Berhad (KLSE:MRDIY)
NATGATE
RM 1.39
NationGate Holdings Berhad
7D
-10.3%
1Y
-26.8%

Is NationGate Holdings Berhad (KLSE:NATGATE) A Risky Investment?

Aug 07
Is NationGate Holdings Berhad (KLSE:NATGATE) A Risky Investment?
PBBANK
RM 4.29
Public Bank Berhad
7D
1.9%
1Y
1.7%

Here's Why Public Bank Berhad (KLSE:PBBANK) Has Caught The Eye Of Investors

Aug 07
Here's Why Public Bank Berhad (KLSE:PBBANK) Has Caught The Eye Of Investors
HARTA
RM 1.22
Hartalega Holdings Berhad
7D
-16.4%
1Y
-54.6%

Hartalega Holdings Berhad's (KLSE:HARTA) P/E Still Appears To Be Reasonable

Aug 06
Hartalega Holdings Berhad's (KLSE:HARTA) P/E Still Appears To Be Reasonable
GENTING
RM 3.00
Genting Berhad
7D
-4.2%
1Y
-30.7%

Investors Still Waiting For A Pull Back In Genting Berhad (KLSE:GENTING)

Aug 06
Investors Still Waiting For A Pull Back In Genting Berhad (KLSE:GENTING)
TOPGLOV
RM 0.61
Top Glove Corporation Bhd
7D
-10.2%
1Y
-34.6%

What Is Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) Share Price Doing?

Aug 05
What Is Top Glove Corporation Bhd.'s (KLSE:TOPGLOV) Share Price Doing?
IHH
RM 6.95
IHH Healthcare Berhad
7D
4.5%
1Y
12.3%

IHH Healthcare Berhad (KLSE:IHH) Shares Could Be 49% Below Their Intrinsic Value Estimate

Aug 04
IHH Healthcare Berhad (KLSE:IHH) Shares Could Be 49% Below Their Intrinsic Value Estimate
KLK
RM 19.10
Kuala Lumpur Kepong Berhad
7D
-2.5%
1Y
-8.6%

Kuala Lumpur Kepong Berhad's (KLSE:KLK) Returns On Capital Are Heading Higher

Aug 04
Kuala Lumpur Kepong Berhad's (KLSE:KLK) Returns On Capital Are Heading Higher
GAMUDA
RM 5.51
Gamuda Berhad
7D
6.4%
1Y
49.3%

Is Gamuda Berhad (KLSE:GAMUDA) Using Too Much Debt?

Aug 04
Is Gamuda Berhad (KLSE:GAMUDA) Using Too Much Debt?
AXIATA
RM 2.62
Axiata Group Berhad
7D
-3.0%
1Y
12.0%
PETDAG
RM 22.90
PETRONAS Dagangan Berhad
7D
6.1%
1Y
28.7%

PETRONAS Dagangan Berhad (KLSE:PETDAG) Investors Are Less Pessimistic Than Expected

Jul 18
PETRONAS Dagangan Berhad (KLSE:PETDAG) Investors Are Less Pessimistic Than Expected
CIMB
RM 6.78
CIMB Group Holdings Berhad
7D
3.5%
1Y
-7.1%
MAYBANK
RM 9.63
Malayan Banking Berhad
7D
2.6%
1Y
-5.0%

Does Malayan Banking Berhad (KLSE:MAYBANK) Deserve A Spot On Your Watchlist?

Jul 01
Does Malayan Banking Berhad (KLSE:MAYBANK) Deserve A Spot On Your Watchlist?
TENAGA
RM 13.76
Tenaga Nasional Berhad
7D
5.7%
1Y
-1.7%

Tenaga Nasional Berhad (KLSE:TENAGA) Shares Could Be 24% Below Their Intrinsic Value Estimate

Jun 30
Tenaga Nasional Berhad (KLSE:TENAGA) Shares Could Be 24% Below Their Intrinsic Value Estimate
INARI
RM 1.89
Inari Amertron Berhad
7D
-10.4%
1Y
-44.4%

Be Wary Of Inari Amertron Berhad (KLSE:INARI) And Its Returns On Capital

Jun 23
Be Wary Of Inari Amertron Berhad (KLSE:INARI) And Its Returns On Capital
MISC
RM 7.80
MISC Berhad
7D
4.6%
1Y
-7.5%