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

Malaysian (KLSE) Market Analysis & Valuation

UpdatedJul 25, 2026
DataAggregated Company Financials
Companies1081
  • 7D-0.8%
  • 3M-1.0%
  • 1Y8.6%
  • YTD2.3%

The market has stayed flat over the 7 days. As for the longer term, the market has risen 8.8% 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
Sat, 25 Jul 2026RM 2.1tRM 1.3tRM 136.8b13.6x15.3x1.6x
Mon, 22 Jun 2026RM 2.1tRM 1.3tRM 136.3b13.7x15.5x1.6x
Wed, 20 May 2026RM 2.1tRM 1.3tRM 124.6b14.1x17.1x1.6x
Fri, 17 Apr 2026RM 2.1tRM 1.3tRM 123.3b14x16.8x1.6x
Sun, 15 Mar 2026RM 2.0tRM 1.3tRM 122.3b13.7x16.6x1.6x
Tue, 10 Feb 2026RM 2.1tRM 1.3tRM 118.9b14x17.6x1.6x
Thu, 08 Jan 2026RM 2.0tRM 1.3tRM 118.7b14.2x17.1x1.6x
Sat, 06 Dec 2025RM 2.0tRM 1.3tRM 115.0b13.8x17.1x1.5x
Mon, 03 Nov 2025RM 2.0tRM 1.3tRM 112.4b14.6x17.6x1.5x
Wed, 01 Oct 2025RM 2.0tRM 1.3tRM 112.0b14.9x17.5x1.5x
Fri, 29 Aug 2025RM 1.9tRM 1.3tRM 113.0b14.6x16.9x1.5x
Sun, 27 Jul 2025RM 1.9tRM 1.3tRM 115.8b13.8x16.2x1.4x
Tue, 24 Jun 2025RM 1.8tRM 1.3tRM 115.8b13.4x15.8x1.4x
Thu, 22 May 2025RM 1.9tRM 1.3tRM 118.1b13.9x15.7x1.4x
Sat, 19 Apr 2025RM 1.8tRM 1.3tRM 118.2b13.7x15.1x1.4x
Mon, 17 Mar 2025RM 1.8tRM 1.3tRM 118.2b14.2x15.3x1.4x
Wed, 12 Feb 2025RM 2.0tRM 1.3tRM 115.4b15.1x17x1.5x
Fri, 10 Jan 2025RM 2.0tRM 1.3tRM 115.1b15.4x17.2x1.5x
Sun, 08 Dec 2024RM 2.0tRM 1.3tRM 114.7b15.6x17.4x1.6x
Tue, 05 Nov 2024RM 2.0tRM 1.3tRM 113.6b15.7x17.3x1.6x
Thu, 03 Oct 2024RM 2.0tRM 1.3tRM 113.3b15.7x17.6x1.6x
Sat, 31 Aug 2024RM 2.0tRM 1.3tRM 112.3b16.2x17.7x1.6x
Mon, 29 Jul 2024RM 2.0tRM 1.2tRM 105.8b18.1x19x1.6x
Wed, 26 Jun 2024RM 2.0tRM 1.2tRM 105.0b17.3x18.7x1.6x
Fri, 24 May 2024RM 2.0tRM 1.2tRM 100.5b17.8x20x1.7x
Sun, 21 Apr 2024RM 1.9tRM 1.2tRM 99.7b16.1x18.7x1.5x
Tue, 19 Mar 2024RM 1.8tRM 1.2tRM 99.4b15.9x18.6x1.5x
Thu, 15 Feb 2024RM 1.8tRM 1.2tRM 82.5b15.8x22.1x1.5x
Sat, 13 Jan 2024RM 1.8tRM 1.2tRM 82.8b15.8x21.8x1.5x
Mon, 11 Dec 2023RM 1.7tRM 1.2tRM 82.9b15.1x20.8x1.4x
Wed, 08 Nov 2023RM 1.7tRM 1.2tRM 79.6b15.8x22x1.4x
Fri, 06 Oct 2023RM 1.7tRM 1.2tRM 79.4b15.4x21.6x1.4x
Sun, 03 Sep 2023RM 1.7tRM 1.2tRM 79.1b15.9x22.1x1.4x
Tue, 01 Aug 2023RM 1.7tRM 1.2tRM 82.0b14.6x21x1.4x
Price to Earnings Ratio

21x


Total Market Cap: RM 1.7tTotal Earnings: RM 82.0bTotal 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 15.4x 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 113x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.8%, 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 3.5% 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 6.8511.4%
+RM 2.4b		20.2%PE19.1xIndustrials
PCHEM PETRONAS Chemicals Group BerhadRM 4.924.0%
+RM 1.5b		39.4%PS1.5xMaterials
VITROX ViTrox Corporation BerhadRM 8.009.9%
+RM 1.4b		101.5%PE94.6xTech
MI Mi Technovation BerhadRM 5.6019.4%
+RM 806.3m		174.5%PE33.9xTech
QL QL Resources BerhadRM 4.054.1%
+RM 584.0m		-7.3%PE32.8xConsumer Staples
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

QL
RM 4.05
QL Resources Berhad
7D
4.1%
1Y
-7.3%
CDB
RM 2.85
Celcomdigi Berhad
7D
-3.7%
1Y
-25.8%
UNISEM
RM 4.69
Unisem (M) Berhad
7D
7.1%
1Y
109.4%
WPRTS
RM 6.85
Westports Holdings Berhad
7D
11.4%
1Y
20.2%
MI
RM 5.60
Mi Technovation Berhad
7D
19.4%
1Y
174.5%
CIMB
RM 7.68
CIMB Group Holdings Berhad
7D
-1.8%
1Y
13.8%
VITROX
RM 8.00
ViTrox Corporation Berhad
7D
9.9%
1Y
101.5%
PCHEM
RM 4.92
PETRONAS Chemicals Group Berhad
7D
4.0%
1Y
39.4%
Narrative Update • Jul 21

PCHEM: Higher P/E Multiple And Weaker Margins Will Limit Future Upside

Analysts have lifted their price target for PETRONAS Chemicals Group Berhad to MYR3.70 from MYR3.17, citing updated assumptions around revenue pressure, slightly lower profit margins, and a higher forward P/E multiple. What's in the News Analysts revise PETRONAS Chemicals Group Berhad price target to MYR3.70 from MYR3.17, reflecting updated assumptions on revenue pressure, profit margins, and forward P/E multiple.
HLBANK
RM 21.98
Hong Leong Bank Berhad
7D
-2.0%
1Y
13.5%
PMETAL
RM 7.86
Press Metal Aluminium Holdings Berhad
7D
-1.8%
1Y
47.2%
AXIATA
RM 1.94
Axiata Group Berhad
7D
-5.4%
1Y
-27.9%
Narrative Update • Jun 29

AXIATA: Leadership Transition And Margin Pressure Will Sustain Elevated P/E Risk

Analysts have revised their fair value estimate for Axiata Group Berhad to MYR1.50 from MYR1.70, reflecting updated assumptions on revenue growth, profit margins, and future P/E expectations. What’s in the News for Axiata Group Berhad Cessation of office for Encik Nik Rizal Kamil Nik Ibrahim Kamil as Group Chief Financial Officer effective 1 June 2026, following his appointment as Group Chief Executive Officer and Managing Director.
KGB
RM 8.01
Kelington Group Berhad
7D
6.8%
1Y
90.7%
IHH
RM 8.30
IHH Healthcare Berhad
7D
-2.4%
1Y
24.6%
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.
MAYBANK
RM 10.78
Malayan Banking Berhad
7D
-3.8%
1Y
13.0%
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...
PBBANK
RM 5.11
Public Bank Berhad
7D
-2.7%
1Y
19.1%
IJM
RM 2.43
IJM Corporation Berhad
7D
6.1%
1Y
-15.6%
New Narrative • May 28

IJM Corporation: FY2026 reset year; stronger operating base points to better FY2027 delivery

IJM’s 4Q FY2026 headline numbers were clearly distorted, but the underlying read-through is more constructive than the reported loss suggests. While the Group recorded a 4Q FY2026 pre-tax loss of RM56.2 million, revenue still grew 4.2% YoY to RM1.87 billion.