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Malaysian (KLSE) Market Analysis & Valuation

UpdatedMar 03, 2025
DataAggregated Company Financials
Companies1014
  • 7D-1.8%
  • 3M-3.8%
  • 1Y0.5%
  • YTD-6.5%

The market has dropped by 0.5% in the last 7 days, with the Industrials sector leading declines. In contrast, the Communication Services sector has actually gained 3.0%. In the last 12 months the market has been flat overall. As for the next few years, earnings are expected to grow by 8.5% per annum.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 03 Mar 2025RM 1.9tRM 1.3tRM 118.4b14.4x15.9x1.4x
Wed, 29 Jan 2025RM 1.9tRM 1.3tRM 115.6b14.8x16.6x1.5x
Fri, 27 Dec 2024RM 2.0tRM 1.3tRM 115.0b15.4x17.4x1.6x
Sun, 24 Nov 2024RM 1.9tRM 1.3tRM 111.7b15.7x17.5x1.5x
Tue, 22 Oct 2024RM 2.0tRM 1.3tRM 113.8b15.5x17.5x1.6x
Thu, 19 Sep 2024RM 2.0tRM 1.3tRM 113.2b15.3x17.5x1.6x
Sat, 17 Aug 2024RM 2.0tRM 1.2tRM 106.5b17.5x18.6x1.6x
Mon, 15 Jul 2024RM 2.0tRM 1.2tRM 105.7b18x19.1x1.6x
Wed, 12 Jun 2024RM 2.0tRM 1.2tRM 104.8b17.3x19.1x1.6x
Fri, 10 May 2024RM 2.0tRM 1.2tRM 99.9b17.1x19.5x1.6x
Sun, 07 Apr 2024RM 1.9tRM 1.2tRM 99.6b16.4x18.9x1.6x
Tue, 05 Mar 2024RM 1.8tRM 1.2tRM 99.2b15.7x18.5x1.5x
Thu, 01 Feb 2024RM 1.8tRM 1.2tRM 83.2b15.9x21.8x1.5x
Sat, 30 Dec 2023RM 1.8tRM 1.2tRM 83.1b15.6x21.2x1.4x
Mon, 27 Nov 2023RM 1.7tRM 1.2tRM 81.3b15.5x21.5x1.4x
Wed, 25 Oct 2023RM 1.7tRM 1.2tRM 79.2b15.3x21.7x1.4x
Fri, 22 Sep 2023RM 1.7tRM 1.2tRM 79.7b15.7x21.8x1.4x
Sun, 20 Aug 2023RM 1.7tRM 1.2tRM 81.3b14.9x21.1x1.4x
Tue, 18 Jul 2023RM 1.7tRM 1.2tRM 82.5b14.1x20.3x1.4x
Thu, 15 Jun 2023RM 1.6tRM 1.2tRM 82.9b13.9x19.9x1.3x
Sat, 13 May 2023RM 1.7tRM 1.4tRM 125.7b13x13.3x1.2x
Mon, 10 Apr 2023RM 1.7tRM 1.2tRM 119.1b13.3x14.1x1.4x
Wed, 08 Mar 2023RM 1.7tRM 1.2tRM 118.7b13.8x14.3x1.4x
Fri, 03 Feb 2023RM 1.7tRM 1.2tRM 138.6b13.9x12.5x1.4x
Sun, 01 Jan 2023RM 1.7tRM 1.2tRM 138.6b13x12.2x1.4x
Tue, 29 Nov 2022RM 1.7tRM 1.2tRM 136.0b12.9x12.2x1.4x
Thu, 27 Oct 2022RM 1.6tRM 1.1tRM 135.5b13.3x11.9x1.4x
Sat, 24 Sep 2022RM 1.6tRM 1.1tRM 135.6b13.7x11.8x1.4x
Mon, 22 Aug 2022RM 1.7tRM 1.1tRM 130.2b14.1x12.8x1.5x
Wed, 20 Jul 2022RM 1.6tRM 1.1tRM 100.8b13.6x15.6x1.5x
Fri, 17 Jun 2022RM 1.6tRM 1.1tRM 100.5b14.4x16.3x1.5x
Sun, 15 May 2022RM 1.7tRM 1.0tRM 95.7b15.1x17.9x1.7x
Tue, 12 Apr 2022RM 1.8tRM 1.0tRM 98.4b15.6x18x1.7x
Thu, 10 Mar 2022RM 1.7tRM 1.0tRM 99.6b14.4x17.3x1.6x
Price to Earnings Ratio

17.3x


Total Market Cap: RM 1.7tTotal Earnings: RM 99.6bTotal Revenue: RM 1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.3x202320242025
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 17.3x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have grown 5.9% per year over the last three years.
  • Revenues for these companies have grown 7.6% 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-1.82%
Telecom3.01%
Financials0.019%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Consumer Staples-0.14%
Healthcare-1.19%
Utilities-1.97%
Real Estate-2.47%
Industrials-3.10%
Materials-4.08%
Energy-5.09%
Consumer Discretionary-7.84%
Tech-8.87%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 55.4x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 22.9% which is higher than its past year's earnings decline of 4.1% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 11.6x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 4.1% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 2.6% 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
MAYBANK Malayan Banking BerhadRM 10.681.9%
+RM 2.4b
11.3%PB1.4xFinancials
CDB Celcomdigi BerhadRM 3.655.5%
+RM 2.2b
-14.9%PE31.1xTelecom
PBBANK Public Bank BerhadRM 4.562.0%
+RM 1.7b
6.0%PB1.5xFinancials
IHH IHH Healthcare BerhadRM 7.422.3%
+RM 1.5b
22.6%PE24.6xHealthcare
RHBBANK RHB Bank BerhadRM 6.913.6%
+RM 1.0b
23.0%PB0.9xFinancials
See more
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NATGATE

RM 1.30

NationGate Holdings Berhad

7D

-35.6%

1Y

-6.5%

KPJ

RM 2.64

KPJ Healthcare Berhad

7D

4.3%

1Y

57.1%

PMETAL

RM 4.92

Press Metal Aluminium Holdings Berhad

7D

-4.1%

1Y

5.6%

GENTING

RM 3.29

Genting Berhad

7D

-12.7%

1Y

-29.9%

IHH

RM 7.42

IHH Healthcare Berhad

7D

2.3%

1Y

22.6%

MAYBANK

RM 10.68

Malayan Banking Berhad

7D

1.9%

1Y

11.3%

GENM

RM 1.90

Genting Malaysia Berhad

7D

-20.8%

1Y

-33.3%

RHBBANK

RM 6.91

RHB Bank Berhad

7D

3.6%

1Y

23.0%

PBBANK

RM 4.56

Public Bank Berhad

7D

2.0%

1Y

6.0%