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Malaysian (KLSE) Market Analysis & Valuation

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies1063
  • 7D0.4%
  • 3M-0.8%
  • 1Y14.9%
  • YTD1.0%

In the last week, the market has stayed flat, however the Information Technology sector stood out, gaining 4.0%. As for the longer term, the market has risen 15% in the past 12 months. 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
Sun, 12 Apr 2026RM 2.1tRM 1.3tRM 121.6b13.7x17x1.6x
Tue, 10 Mar 2026RM 2.0tRM 1.3tRM 122.2b13.4x16.4x1.5x
Thu, 05 Feb 2026RM 2.1tRM 1.3tRM 118.9b13.9x17.6x1.6x
Sat, 03 Jan 2026RM 2.0tRM 1.3tRM 118.7b13.9x16.9x1.5x
Mon, 01 Dec 2025RM 2.0tRM 1.3tRM 115.0b13.6x17x1.5x
Wed, 29 Oct 2025RM 2.0tRM 1.3tRM 112.1b14.5x17.7x1.5x
Fri, 26 Sep 2025RM 2.0tRM 1.3tRM 112.3b14.9x17.4x1.5x
Sun, 24 Aug 2025RM 1.9tRM 1.3tRM 113.1b14.7x17x1.5x
Tue, 22 Jul 2025RM 1.9tRM 1.3tRM 115.6b13.8x16.1x1.4x
Thu, 19 Jun 2025RM 1.8tRM 1.3tRM 115.6b13.6x15.8x1.4x
Sat, 17 May 2025RM 1.9tRM 1.3tRM 118.5b14.3x15.9x1.5x
Mon, 14 Apr 2025RM 1.7tRM 1.3tRM 118.1b13.2x14.7x1.3x
Wed, 12 Mar 2025RM 1.8tRM 1.3tRM 118.2b13.9x15.2x1.4x
Fri, 07 Feb 2025RM 2.0tRM 1.3tRM 115.7b15x16.9x1.5x
Sun, 05 Jan 2025RM 2.0tRM 1.3tRM 115.1b15.6x17.6x1.6x
Tue, 03 Dec 2024RM 2.0tRM 1.3tRM 114.6b15.2x17.1x1.5x
Thu, 31 Oct 2024RM 1.9tRM 1.3tRM 113.7b15.5x17.1x1.5x
Sat, 28 Sep 2024RM 2.0tRM 1.3tRM 113.2b15.7x17.6x1.6x
Mon, 26 Aug 2024RM 2.0tRM 1.2tRM 108.1b16.6x18.2x1.6x
Wed, 24 Jul 2024RM 2.0tRM 1.2tRM 105.8b18.3x19.2x1.7x
Fri, 21 Jun 2024RM 2.0tRM 1.2tRM 105.0b17.2x18.9x1.6x
Sun, 19 May 2024RM 2.0tRM 1.2tRM 100.2b17.6x19.9x1.7x
Tue, 16 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.4x18.8x1.6x
Thu, 14 Mar 2024RM 1.8tRM 1.2tRM 99.4b15.7x18.4x1.5x
Sat, 10 Feb 2024RM 1.8tRM 1.2tRM 82.4b15.6x21.9x1.5x
Mon, 08 Jan 2024RM 1.8tRM 1.2tRM 82.8b15.8x21.8x1.5x
Wed, 06 Dec 2023RM 1.7tRM 1.2tRM 82.7b15.1x20.9x1.4x
Fri, 03 Nov 2023RM 1.7tRM 1.2tRM 79.5b15.5x21.7x1.4x
Sun, 01 Oct 2023RM 1.7tRM 1.2tRM 79.9b15.7x21.5x1.4x
Tue, 29 Aug 2023RM 1.7tRM 1.2tRM 80.5b15.4x21.5x1.4x
Thu, 27 Jul 2023RM 1.7tRM 1.2tRM 82.5b14.5x20.7x1.4x
Sat, 24 Jun 2023RM 1.6tRM 1.2tRM 82.7b13.8x19.8x1.3x
Mon, 22 May 2023RM 1.7tRM 1.4tRM 125.2b13.3x13.4x1.2x
Wed, 19 Apr 2023RM 1.7tRM 1.2tRM 119.0b13.6x14.2x1.4x
Price to Earnings Ratio

14.2x


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 Market0.42%
Tech4.03%
Industrials2.67%
Real Estate2.16%
Utilities1.62%
Consumer Discretionary0.56%
Materials-0.30%
Financials-0.33%
Consumer Staples-0.42%
Telecom-0.95%
Healthcare-1.91%
Energy-2.06%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 60.9x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 39.7% 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 3.9% 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 3.705.4%
+RM 1.6b		23.3%PE14.2xUtilities
IOIPG IOI Properties Group BerhadRM 3.638.0%
+RM 1.5b		105.1%PE8.8xReal Estate
99SMART 99 Speed Mart Retail Holdings BerhadRM 3.415.2%
+RM 1.4b		68.0%PE46.6xConsumer Staples
YTL YTL Corporation BerhadRM 1.995.9%
+RM 1.3b		13.7%PE12.7xUtilities
SUNWAY Sunway BerhadRM 5.203.4%
+RM 1.1b		22.6%PE27.5xIndustrials
See more

Market Insights

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Latest News

WPRTS
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7D
5.8%
1Y
30.8%
TM
RM 7.09
Telekom Malaysia Berhad
7D
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1Y
6.0%

TM: 5G Network Transition And Generous Dividends Will Support Future Upside

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RHBBANK
RM 8.15
RHB Bank Berhad
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YTL
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YTL Corporation Berhad
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IHH
RM 8.81
IHH Healthcare Berhad
7D
-1.7%
1Y
29.6%

IHH: Updated Revenue And Margin Assumptions Will Shape Balanced Future Outlook

Analysts have adjusted their price target for IHH Healthcare Berhad slightly higher to MYR9.81 from MYR9.58, reflecting updated assumptions around revenue growth, profit margins and the future P/E multiple used in their valuation work. Valuation Changes Fair Value: Adjusted from MYR9.58 to MYR9.81, reflecting a small upward change in the modelled intrinsic value per share.
MAYBANK
RM 11.16
Malayan Banking Berhad
7D
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1Y
13.6%
SUNWAY
RM 5.20
Sunway Berhad
7D
3.4%
1Y
22.6%
YTLPOWR
RM 3.70
YTL Power International Berhad
7D
5.4%
1Y
23.3%
DIALOG
RM 2.19
Dialog Group Berhad
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71.1%
GAMUDA
RM 4.02
Gamuda Berhad
7D
4.1%
1Y
6.6%
IOIPG
RM 3.63
IOI Properties Group Berhad
7D
8.0%
1Y
105.1%
HLBANK
RM 22.08
Hong Leong Bank Berhad
7D
1.7%
1Y
14.6%
SDG
RM 5.99
SD Guthrie Berhad
7D
-3.4%
1Y
31.6%
KLK
RM 21.94
Kuala Lumpur Kepong Berhad
7D
-4.1%
1Y
12.4%
99SMART
RM 3.41
99 Speed Mart Retail Holdings Berhad
7D
5.2%
1Y
68.0%

Analyst Estimates: Here's What Brokers Think Of 99 Speed Mart Retail Holdings Berhad (KLSE:99SMART) After Its Yearly Report

Feb 16
Analyst Estimates: Here's What Brokers Think Of 99 Speed Mart Retail Holdings Berhad (KLSE:99SMART) After Its Yearly Report