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Singaporean (SGX) Market Analysis & Valuation

UpdatedJun 18, 2024
DataAggregated Company Financials
Companies522
  • 7D-0.6%
  • 3M3.7%
  • 1Y-2.4%
  • YTD0.1%

The market has been flat over the last week. As for the longer term, the market has also been flat over the past year. Earnings are forecast to grow by 9.1% annually.

Trending IndustriesOil and Gas

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Jun 2024S$656.0bS$548.1bS$44.4b11.8x14.8x1.2x
Thu, 16 May 2024S$658.7bS$546.5bS$46.8b11.7x14.1x1.2x
Sat, 13 Apr 2024S$647.0bS$547.4bS$47.0b12x13.8x1.2x
Mon, 11 Mar 2024S$632.8bS$541.7bS$48.5b11.6x13.1x1.2x
Wed, 07 Feb 2024S$632.5bS$554.7bS$49.9b12.1x12.7x1.1x
Fri, 05 Jan 2024S$655.9bS$570.4bS$52.2b12.6x12.6x1.1x
Sun, 03 Dec 2023S$641.8bS$572.5bS$52.4b12x12.2x1.1x
Tue, 31 Oct 2023S$638.8bS$574.5bS$52.3b12.1x12.2x1.1x
Thu, 28 Sep 2023S$669.3bS$575.0bS$52.5b12.8x12.7x1.2x
Sat, 26 Aug 2023S$670.8bS$573.7bS$53.1b12.6x12.6x1.2x
Mon, 24 Jul 2023S$695.5bS$576.1bS$56.7b11.9x12.3x1.2x
Wed, 21 Jun 2023S$689.6bS$578.2bS$56.8b11.4x12.1x1.2x
Fri, 19 May 2023S$687.7bS$579.1bS$56.6b11.4x12.2x1.2x
Sun, 16 Apr 2023S$708.5bS$569.1bS$54.0b11.6x13.1x1.2x
Tue, 14 Mar 2023S$676.6bS$571.6bS$54.2b11x12.5x1.2x
Thu, 09 Feb 2023S$723.4bS$558.3bS$57.6b10.7x12.5x1.3x
Sat, 07 Jan 2023S$700.2bS$560.3bS$57.7b10.3x12.1x1.2x
Mon, 05 Dec 2022S$697.7bS$562.3bS$57.8b10.4x12.1x1.2x
Wed, 02 Nov 2022S$670.1bS$560.7bS$54.7b9.9x12.2x1.2x
Fri, 30 Sep 2022S$673.8bS$564.9bS$54.8b10.4x12.3x1.2x
Sun, 28 Aug 2022S$711.1bS$558.4bS$54.7b11x13x1.3x
Tue, 26 Jul 2022S$699.0bS$531.1bS$47.4b11.4x14.7x1.3x
Thu, 23 Jun 2022S$686.2bS$531.1bS$47.6b11.4x14.4x1.3x
Sat, 21 May 2022S$701.3bS$528.6bS$47.0b11.9x14.9x1.3x
Mon, 18 Apr 2022S$726.7bS$523.6bS$45.8b12.3x15.9x1.4x
Wed, 16 Mar 2022S$697.0bS$525.9bS$45.8b11.8x15.2x1.3x
Fri, 11 Feb 2022S$729.2bS$484.3bS$34.5b12.9x21.1x1.5x
Sun, 09 Jan 2022S$696.7bS$483.2bS$31.4b13.2x22.2x1.4x
Tue, 07 Dec 2021S$677.8bS$482.8bS$31.7b13x21.4x1.4x
Thu, 04 Nov 2021S$721.5bS$480.4bS$26.0b13.9x27.7x1.5x
Sat, 02 Oct 2021S$689.0bS$481.0bS$24.5b13x28.2x1.4x
Mon, 30 Aug 2021S$688.3bS$481.6bS$24.0b13.3x28.7x1.4x
Tue, 06 Jul 2021S$692.8bS$481.5bS$24.0b14.2x28.9x1.4x
Price to Earnings Ratio

28.9x


Total Market Cap: S$692.8bTotal Earnings: S$24.0bTotal Revenue: S$481.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Market Price to Earnings3Y Average 15.9x202220232024
Current Market PE
  • Investors are relatively neutral on the Singaporean 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 15.9x.
Past Earnings Growth
  • The earnings for Singaporean listed companies have grown 23% per year over the last three years.
  • Revenues for these companies have grown 4.4% 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 Singaporean Market?

SG Market-0.62%
Utilities0.85%
Consumer Discretionary0.44%
Telecom0.27%
Materials0.16%
Healthcare-0.28%
Tech-0.41%
Financials-0.47%
Energy-0.60%
Real Estate-0.73%
Industrials-1.09%
Consumer Staples-1.68%
Sector PE
  • Investors favour the Telecom sector the most for future growth, which is trading above its 3-year average PE ratio of 29.6x.
    • Analysts are expecting annual earnings growth of 21.7%, which is lower than the prior year's growth of 56.1% per year.
  • The Utilities sector is the least preferred by investors for future growth, which is trading below its 3-year average of 12.7x.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings decline of 38% per year.
  • In contrast, the Utilities 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
C07 Jardine Cycle & CarriageS$28.183.3%
+S$351.8m
-16.8%PE6.8xIndustrials
9CI CapitaLand InvestmentS$2.652.7%
+S$340.0m
-21.6%PE73.5xReal Estate
Z74 Singapore TelecommunicationsS$2.580.8%
+S$330.3m
2.8%PE53.6xTelecom
C38U CapitaLand Integrated Commercial TrustS$1.961.6%
+S$202.0m
-1.5%PB0.9xReal Estate
S7P Soilbuild Construction GroupS$0.11245.5%
+S$119.2m
225.7%PE22.9xIndustrials
See more
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Market Insights

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Latest News

AIY

S$7.35

iFAST

7D

5.0%

1Y

60.1%

500

S$1.51

Seatrium

7D

-12.7%

1Y

-41.0%

H78

US$3.25

Hongkong Land Holdings

7D

-1.2%

1Y

-18.1%

D05

S$35.50

DBS Group Holdings

7D

-0.1%

1Y

25.4%

E5H

S$0.27

Golden Agri-Resources

7D

1.9%

1Y

1.9%

U14

S$5.16

UOL Group

7D

-2.6%

1Y

-22.3%

G07

S$25.60

Great Eastern Holdings

7D

-2.3%

1Y

44.6%

C38U

S$1.96

CapitaLand Integrated Commercial Trust

7D

1.6%

1Y

-1.5%