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Singaporean (SGX) Construction Industry Analysis

UpdatedDec 20, 2025
DataAggregated Company Financials
Companies37
  • 7D1.8%
  • 3M-2.4%
  • 1Y86.6%
  • YTD85.4%

Over the last 7 days, the Construction industry has remained flat, although notably Soilbuild Construction Group gained 8.0%. As for the the longer term, the industry is up 85% over the past 12 months. As for the next few years, earnings are expected to grow by 5.0% per annum.

Industry Valuation and Performance

Has the Singaporean Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Dec 2025S$5.4bS$5.9bS$327.8m17.3x16.4x0.9x
Mon, 17 Nov 2025S$5.4bS$6.0bS$330.7m15.9x16.4x0.9x
Wed, 15 Oct 2025S$5.5bS$5.9bS$323.3m12.7x16.9x0.9x
Fri, 12 Sep 2025S$5.5bS$5.9bS$324.1m13x17.1x0.9x
Sun, 10 Aug 2025S$4.9bS$5.9bS$359.6m15.9x13.5x0.8x
Tue, 08 Jul 2025S$3.7bS$5.7bS$344.5m9x10.7x0.6x
Thu, 05 Jun 2025S$3.5bS$6.1bS$358.2m9.7x9.8x0.6x
Sat, 03 May 2025S$3.3bS$6.2bS$309.3m9.3x10.8x0.5x
Mon, 31 Mar 2025S$3.3bS$6.2bS$292.6m8.1x11.2x0.5x
Wed, 26 Feb 2025S$3.2bS$6.0bS$429.4m7x7.5x0.5x
Fri, 24 Jan 2025S$3.1bS$6.1bS$365.7m6.6x8.4x0.5x
Sun, 22 Dec 2024S$3.0bS$6.1bS$365.6m6.8x8.1x0.5x
Tue, 19 Nov 2024S$2.9bS$6.1bS$373.6m6.5x7.8x0.5x
Thu, 17 Oct 2024S$2.8bS$6.2bS$345.6m6.6x8.1x0.4x
Sat, 14 Sep 2024S$2.6bS$6.2bS$344.0m6.5x7.6x0.4x
Mon, 12 Aug 2024S$2.8bS$6.8bS$321.3m6.8x8.9x0.4x
Wed, 10 Jul 2024S$3.0bS$6.9bS$244.5m7.8x12.1x0.4x
Fri, 07 Jun 2024S$2.8bS$6.9bS$243.2m7.6x11.6x0.4x
Sun, 05 May 2024S$2.7bS$6.8bS$251.4m7.8x10.7x0.4x
Tue, 02 Apr 2024S$2.7bS$6.8bS$245.0m7.1x10.9x0.4x
Thu, 29 Feb 2024S$2.6bS$6.6b-S$34,987,305.106.7x-74.3x0.4x
Sat, 27 Jan 2024S$3.4bS$8.2bS$106.1k7.7x32242.8x0.4x
Mon, 25 Dec 2023S$3.5bS$8.2bS$1.0m7.6x3376.3x0.4x
Wed, 22 Nov 2023S$3.4bS$8.3bS$2.4m7.8x1451.7x0.4x
Fri, 20 Oct 2023S$3.6bS$8.1b-S$2,830,015.007.6x-1260.1x0.4x
Sun, 17 Sep 2023S$3.7bS$8.1b-S$2,229,439.008x-1646.1x0.5x
Tue, 15 Aug 2023S$3.7bS$8.1b-S$4,666,970.007.5x-784.9x0.5x
Thu, 13 Jul 2023S$3.8bS$8.0b-S$54,080,926.008.6x-69.7x0.5x
Sat, 10 Jun 2023S$3.7bS$8.0b-S$52,164,833.008.8x-70.8x0.5x
Mon, 08 May 2023S$3.7bS$7.8b-S$69,018,237.009.5x-53.2x0.5x
Wed, 05 Apr 2023S$3.6bS$7.8b-S$69,692,862.008.9x-51.7x0.5x
Fri, 03 Mar 2023S$3.6bS$7.8b-S$55,677,434.008.5x-64x0.5x
Sun, 29 Jan 2023S$3.5bS$7.5bS$62.8m7.8x55.8x0.5x
Tue, 27 Dec 2022S$3.4bS$7.3bS$78.0m7.3x43.9x0.5x
Price to Earnings Ratio

43.9x


Total Market Cap: S$3.4bTotal Earnings: S$78.0mTotal Revenue: S$7.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Construction Industry Price to Earnings3Y Average 1523.6x202320242025
Current Industry PE
  • Investors are pessimistic on the Singaporean Construction industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 16.2x which is lower than its 3-year average PE of 2kx.
  • The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 61% per year over the last three years.
  • Meanwhile revenues for these companies have declined 6.9% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Singaporean Industrials industry?

SG Market-0.28%
Industrials-1.33%
Construction1.82%
Construction and Engineering1.82%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
V5Q Soilbuild Construction GroupS$3.398.0%
+S$41.4m
329.1%PE11.8x
E3B Wee Hur HoldingsS$0.733.5%
+S$23.0m
72.9%PE25.8x
F9D Boustead SingaporeS$1.772.3%
+S$20.2m
73.5%PE9.5x
5CF OKP HoldingsS$1.204.3%
+S$15.3m
275.0%PE9x
ZKX Ever Glory United HoldingsS$0.723.6%
+S$9.5m
143.0%PE34.6x

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