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Singaporean (SGX) Consumer Discretionary Sector Analysis
UpdatedMar 22, 2026
DataAggregated Company Financials
Companies67
- 7D0.2%
- 3M-0.9%
- 1Y11.1%
- YTD-1.4%
The Consumer Discretionary industry has been flat over the last week, but Aspial Lifestyle has lost 10%. As for the the longer term, the industry is up 11% over the past 12 months. Earnings are forecast to grow by 8.4% annually.
Sector Valuation and Performance
Has the Singaporean Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Mar 2026 | S$20.6b | S$13.9b | S$829.7m | 14.6x | 24.8x | 1.5x |
| Tue, 17 Feb 2026 | S$22.1b | S$13.3b | S$890.1m | 16.3x | 24.8x | 1.7x |
| Thu, 15 Jan 2026 | S$25.3b | S$13.8b | S$805.9m | 15.5x | 31.4x | 1.8x |
| Sat, 13 Dec 2025 | S$24.6b | S$13.8b | S$818.6m | 14.7x | 30.1x | 1.8x |
| Mon, 10 Nov 2025 | S$24.9b | S$13.7b | S$848.4m | 14.2x | 29.4x | 1.8x |
| Wed, 08 Oct 2025 | S$23.4b | S$13.7b | S$843.9m | 12.7x | 27.7x | 1.7x |
| Fri, 05 Sep 2025 | S$23.0b | S$13.7b | S$855.4m | 11.8x | 26.9x | 1.7x |
| Sun, 03 Aug 2025 | S$22.9b | S$13.9b | S$808.9m | 12.7x | 28.3x | 1.6x |
| Tue, 01 Jul 2025 | S$21.5b | S$13.9b | S$830.4m | 10.5x | 25.9x | 1.5x |
| Thu, 29 May 2025 | S$21.1b | S$14.0b | S$836.8m | 11.3x | 25.2x | 1.5x |
| Sat, 26 Apr 2025 | S$20.5b | S$14.0b | S$1.1b | 11x | 19x | 1.5x |
| Mon, 24 Mar 2025 | S$20.8b | S$13.7b | S$1.1b | 11.3x | 19.8x | 1.5x |
| Wed, 19 Feb 2025 | S$20.9b | S$13.7b | S$1.4b | 10.8x | 14.8x | 1.5x |
| Fri, 17 Jan 2025 | S$20.6b | S$13.7b | S$1.4b | 10.9x | 14.8x | 1.5x |
| Sun, 15 Dec 2024 | S$21.1b | S$13.7b | S$1.4b | 11.7x | 15.3x | 1.5x |
| Tue, 12 Nov 2024 | S$21.2b | S$13.6b | S$1.4b | 11x | 15.1x | 1.6x |
| Thu, 10 Oct 2024 | S$22.7b | S$13.8b | S$1.4b | 11.4x | 16.5x | 1.6x |
| Sat, 07 Sep 2024 | S$22.3b | S$13.9b | S$1.4b | 11.3x | 16.1x | 1.6x |
| Mon, 05 Aug 2024 | S$22.6b | S$13.4b | S$1.3b | 11.9x | 17.5x | 1.7x |
| Wed, 03 Jul 2024 | S$22.4b | S$13.4b | S$1.3b | 12.7x | 17.6x | 1.7x |
| Fri, 31 May 2024 | S$23.4b | S$12.9b | S$1.3b | 11.7x | 17.9x | 1.8x |
| Sun, 28 Apr 2024 | S$23.5b | S$12.8b | S$1.5b | 10.5x | 15.7x | 1.8x |
| Tue, 26 Mar 2024 | S$22.6b | S$12.8b | S$1.5b | 10.8x | 15.2x | 1.8x |
| Thu, 22 Feb 2024 | S$24.3b | S$12.3b | S$1.2b | 13x | 21x | 2x |
| Sat, 20 Jan 2024 | S$24.1b | S$12.7b | S$1.2b | 11.8x | 20.7x | 1.9x |
| Mon, 18 Dec 2023 | S$24.5b | S$12.7b | S$1.2b | 12.5x | 20.8x | 1.9x |
| Wed, 15 Nov 2023 | S$23.7b | S$12.4b | S$1.2b | 11.4x | 20.3x | 1.9x |
| Fri, 13 Oct 2023 | S$22.9b | S$12.4b | S$1.2b | 12.5x | 19.8x | 1.8x |
| Sun, 10 Sep 2023 | S$23.6b | S$12.4b | S$1.2b | 13.3x | 20.4x | 1.9x |
| Tue, 08 Aug 2023 | S$24.4b | S$11.8b | S$973.0m | 11.6x | 25.1x | 2.1x |
| Thu, 06 Jul 2023 | S$24.5b | S$11.8b | S$1.0b | 11.2x | 23.7x | 2.1x |
| Sat, 03 Jun 2023 | S$25.0b | S$11.9b | S$1.0b | 11.3x | 24.4x | 2.1x |
| Mon, 01 May 2023 | S$26.9b | S$11.7b | S$849.4m | 11.2x | 31.7x | 2.3x |
| Wed, 29 Mar 2023 | S$26.4b | S$11.6b | S$844.9m | 11.7x | 31.3x | 2.3x |
Price to Earnings Ratio
31.3x
Current Industry PE
- Investors are optimistic on the Singaporean Consumer Discretionary industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.8x which is higher than its 3-year average PE of 21.7x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 6.0% 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.
Industry Trends
Which industries have driven the changes within the Singaporean Consumer Discretionary sector?
| SG Market | 1.83% | |
| Consumer Discretionary | 0.19% | |
| Consumer Services | 3.89% | |
| Hospitality | 0.82% | |
| Auto Components | 0% | 0 |
| Consumer Durables | 0% | 0 |
| Online Retail and Ecommerce | 0% | 0 |
| Retail Distributors | -0.21% | |
| General Merchandise and Department Stores | -0.73% | |
| Specialty Stores | -2.15% | |
| Luxury | -2.42% | |
| Leisure | -3.37% | |
Industry PE
- Investors are most optimistic about the Consumer Services industry which is trading above its 3-year average PE ratio of 17.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 12% over the next 5 years.
- This is better than its past earnings decline of 6.5% per year.
- In contrast, the Retail Distributors industry is expected to see its earnings decline by 109% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| G13 Genting Singapore | S$0.68 | 2.3% +S$180.9m | -11.1% | PE21x | |
| NR7 Raffles Education | S$0.14 | 5.3% +S$12.5m | 231.0% | PE74.7x | |
| 5SO Duty Free International | S$0.08 | 11.1% +S$9.6m | 12.7% | PE15.2x | |
| B28 Bonvests Holdings | S$0.97 | 2.1% +S$8.0m | 10.9% | PE20.1x | |
| H07 Stamford Land | S$0.47 | 1.1% +S$7.4m | 27.4% | PE20.6x |