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Malaysian (KLSE) Market Analysis & Valuation

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies1061
  • 7D0.6%
  • 3M-2.1%
  • 1Y12.3%
  • YTD0.5%

The market has been flat over the last week. Meanwhile, the market is actually up 12% over the past year. 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
Tue, 14 Apr 2026RM 2.1tRM 1.3tRM 121.6b13.6x16.9x1.6x
Thu, 12 Mar 2026RM 2.0tRM 1.3tRM 122.2b13.8x16.7x1.6x
Sat, 07 Feb 2026RM 2.1tRM 1.3tRM 118.9b13.8x17.4x1.6x
Mon, 05 Jan 2026RM 2.0tRM 1.3tRM 118.7b14.1x17x1.5x
Wed, 03 Dec 2025RM 2.0tRM 1.3tRM 115.0b13.6x17.2x1.5x
Fri, 31 Oct 2025RM 2.0tRM 1.3tRM 112.1b14.6x17.7x1.5x
Sun, 28 Sep 2025RM 2.0tRM 1.3tRM 112.1b14.8x17.5x1.5x
Tue, 26 Aug 2025RM 1.9tRM 1.3tRM 113.1b14.7x17x1.5x
Thu, 24 Jul 2025RM 1.9tRM 1.3tRM 115.7b13.8x16.2x1.4x
Sat, 21 Jun 2025RM 1.8tRM 1.3tRM 115.6b13.4x15.7x1.4x
Mon, 19 May 2025RM 1.9tRM 1.3tRM 118.5b14.3x15.9x1.5x
Wed, 16 Apr 2025RM 1.8tRM 1.3tRM 118.1b13.7x15x1.4x
Fri, 14 Mar 2025RM 1.8tRM 1.3tRM 118.2b14x15.2x1.4x
Sun, 09 Feb 2025RM 2.0tRM 1.3tRM 115.4b15.1x17x1.5x
Tue, 07 Jan 2025RM 2.0tRM 1.3tRM 115.1b15.6x17.6x1.6x
Thu, 05 Dec 2024RM 2.0tRM 1.3tRM 114.6b15.5x17.4x1.6x
Sat, 02 Nov 2024RM 2.0tRM 1.3tRM 113.6b15.5x17.2x1.5x
Mon, 30 Sep 2024RM 2.0tRM 1.3tRM 113.3b15.7x17.6x1.6x
Wed, 28 Aug 2024RM 2.0tRM 1.2tRM 108.3b16.5x18.3x1.6x
Fri, 26 Jul 2024RM 2.0tRM 1.2tRM 105.9b18.1x19x1.6x
Sun, 23 Jun 2024RM 2.0tRM 1.2tRM 105.0b17.4x18.9x1.6x
Tue, 21 May 2024RM 2.0tRM 1.2tRM 100.2b17.5x20x1.7x
Thu, 18 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.3x18.7x1.5x
Sat, 16 Mar 2024RM 1.8tRM 1.2tRM 99.4b15.9x18.6x1.5x
Mon, 12 Feb 2024RM 1.8tRM 1.2tRM 82.5b15.5x21.9x1.5x
Wed, 10 Jan 2024RM 1.8tRM 1.2tRM 82.8b15.8x21.9x1.5x
Fri, 08 Dec 2023RM 1.7tRM 1.2tRM 82.9b15.1x20.8x1.4x
Sun, 05 Nov 2023RM 1.7tRM 1.2tRM 79.6b15.5x21.8x1.4x
Tue, 03 Oct 2023RM 1.7tRM 1.2tRM 79.5b15.6x21.5x1.4x
Thu, 31 Aug 2023RM 1.7tRM 1.2tRM 78.5b15.7x22.1x1.4x
Sat, 29 Jul 2023RM 1.7tRM 1.2tRM 82.3b14.6x20.8x1.4x
Mon, 26 Jun 2023RM 1.6tRM 1.2tRM 82.8b13.7x19.8x1.3x
Wed, 24 May 2023RM 1.7tRM 1.4tRM 125.3b13.1x13.3x1.2x
Fri, 21 Apr 2023RM 1.7tRM 1.2tRM 119.0b13.2x14.1x1.4x
Price to Earnings Ratio

14.1x


Total Market Cap: RM 1.7tTotal Earnings: RM 119.0bTotal 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 Market0.58%
Industrials2.26%
Materials2.14%
Tech2.04%
Real Estate2.03%
Utilities1.56%
Consumer Discretionary1.54%
Energy0.96%
Healthcare0.87%
Consumer Staples-0.83%
Financials-0.87%
Telecom-1.40%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 61.9x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 40.4% 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 19.4x.
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 3.8% 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
IOIPG IOI Properties Group BerhadRM 3.7713.9%
+RM 2.5b		106.0%PE9.1xReal Estate
CIMB CIMB Group Holdings BerhadRM 7.552.7%
+RM 2.2b		12.7%PB1.2xFinancials
TENAGA Tenaga Nasional BerhadRM 14.322.3%
+RM 1.9b		6.5%PE17.5xUtilities
GAMUDA Gamuda BerhadRM 4.076.8%
+RM 1.5b		3.3%PE23.7xIndustrials
SUNWAY Sunway BerhadRM 5.224.4%
+RM 1.5b		18.9%PE27.6xIndustrials
See more

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YTL Power International Berhad
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IOI Properties Group Berhad
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PPB
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PMETAL
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Press Metal Aluminium Holdings Berhad
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SDG
RM 6.00
SD Guthrie Berhad
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AMBANK
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AMMB Holdings Berhad
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