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Singaporean (SGX) Financials Sector Analysis

UpdatedAug 16, 2025
DataAggregated Company Financials
Companies24
  • 7D-0.7%
  • 3M8.1%
  • 1Y30.5%
  • YTD8.6%

The Financials industry has stayed flat over the last week. The past year has been better, since the industry has gained 30% in that time. Looking forward, earnings are forecast to grow by 3.6% annually.

Sector Valuation and Performance

Has the Singaporean Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 Aug 2025S$306.7bS$53.0bS$25.8b11.8x11.9x5.8x
Tue, 15 Jul 2025S$297.3bS$52.8bS$26.0b11.2x11.4x5.6x
Thu, 12 Jun 2025S$283.7bS$52.8bS$26.0b10.9x10.9x5.4x
Sat, 10 May 2025S$280.4bS$52.8bS$26.1b10.7x10.7x5.3x
Mon, 07 Apr 2025S$281.3bS$52.6bS$26.2b10.9x10.8x5.3x
Wed, 05 Mar 2025S$294.9bS$52.6bS$26.3b10.8x11.2x5.6x
Fri, 31 Jan 2025S$284.4bS$51.8bS$25.4b10.8x11.2x5.5x
Sun, 29 Dec 2024S$280.3bS$51.8bS$25.4b10.4x11x5.4x
Tue, 26 Nov 2024S$275.3bS$51.7bS$25.4b10.6x10.8x5.3x
Thu, 24 Oct 2024S$255.8bS$50.3bS$24.7b10.3x10.4x5.1x
Sat, 21 Sep 2024S$268.1bS$57.7bS$25.6b10.5x10.5x4.6x
Mon, 19 Aug 2024S$247.8bS$57.7bS$25.6b9.6x9.7x4.3x
Wed, 17 Jul 2024S$260.3bS$56.4bS$25.0b10.3x10.4x4.6x
Fri, 14 Jun 2024S$248.3bS$56.4bS$25.0b9.8x9.9x4.4x
Sun, 12 May 2024S$244.9bS$56.4bS$25.0b9.7x9.8x4.3x
Tue, 09 Apr 2024S$229.1bS$55.5bS$24.6b9.2x9.3x4.1x
Thu, 07 Mar 2024S$219.8bS$55.6bS$24.6b9.2x8.9x4x
Sat, 03 Feb 2024S$216.1bS$61.5bS$24.8b8.8x8.7x3.5x
Mon, 01 Jan 2024S$223.0bS$61.7bS$25.0b9.4x8.9x3.6x
Wed, 29 Nov 2023S$214.1bS$61.7bS$25.0b10x8.6x3.5x
Fri, 27 Oct 2023S$218.7bS$60.5bS$24.2b9.9x9x3.6x
Sun, 24 Sep 2023S$220.4bS$60.5bS$24.2b10.6x9.1x3.6x
Tue, 22 Aug 2023S$216.7bS$60.5bS$24.2b12.2x9x3.6x
Thu, 20 Jul 2023S$219.6bS$57.2bS$22.3b12.3x9.8x3.8x
Sat, 17 Jun 2023S$213.7bS$57.2bS$22.3b11.7x9.6x3.7x
Mon, 15 May 2023S$210.1bS$57.2bS$22.3b11.7x9.4x3.7x
Wed, 12 Apr 2023S$222.2bS$54.2bS$20.4b12.2x10.9x4.1x
Fri, 10 Mar 2023S$222.1bS$54.2bS$20.6b11.8x10.8x4.1x
Sun, 05 Feb 2023S$231.4bS$53.8bS$19.2b12x12.1x4.3x
Tue, 03 Jan 2023S$224.0bS$53.1bS$18.7b11.8x12x4.2x
Thu, 01 Dec 2022S$228.9bS$53.1bS$18.7b12x12.3x4.3x
Sat, 29 Oct 2022S$215.0bS$51.7bS$17.9b11.9x12x4.2x
Mon, 26 Sep 2022S$217.2bS$51.8bS$17.9b12.1x12.1x4.2x
Wed, 24 Aug 2022S$216.7bS$51.8bS$17.9b12.1x12.1x4.2x
Price to Earnings Ratio

12.1x


Total Market Cap: S$216.7bTotal Earnings: S$17.9bTotal Revenue: S$51.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Financials Sector Price to Earnings3Y Average 10.4x202320242025
Current Industry PE
  • Investors are optimistic on the Singaporean Financials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.9x which is higher than its 3-year average PE of 10.4x.
  • The 3-year average PS ratio of 4.4x is lower than the industry's current PS ratio of 5.8x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 13% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Singaporean Financials sector?

SG Market-0.0034%
Financials-0.70%
Diversified Financial4.41%
Capital Markets1.37%
Insurance-0.25%
Banks-0.89%
Consumer Finance-3.20%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 17.0x.
    • Analysts are expecting annual earnings growth of 7.3%, which is lower than the prior year's growth of 8.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 7.3% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Banks industry is expected to see its earnings grow by 3.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
O39 Oversea-Chinese BankingS$16.900.7%
+S$483.6m
18.1%PB1.3x
YF8 Yangzijiang Financial HoldingS$1.069.3%
+S$313.2m
202.9%PE11x
S68 Singapore ExchangeS$16.160.9%
+S$149.6m
55.5%PE26.7x
AIY iFASTS$9.784.3%
+S$121.2m
34.2%PE38.4x
P15 Pacific Century Regional DevelopmentsS$0.474.4%
+S$52.9m
56.7%PS188.9x

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