Header cover image

Singaporean (SGX) IT Industry Analysis

UpdatedJan 27, 2026
DataAggregated Company Financials
Companies2
  • 7D2.9%
  • 3M8.2%
  • 1Y78.4%
  • YTD4.0%

The IT is pretty flat in the last 7 days, but CSE Global has stood out, gaining 3.8%. As for the the longer term, the industry is up 72% over the past 12 months. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Jan 2026S$1.1bS$953.1mS$54.7m20.9x21x1.2x
Fri, 26 Dec 2025S$1.1bS$954.2mS$55.1m19.1x19.1x1.1x
Sun, 23 Nov 2025S$1.1bS$955.6mS$55.6m19x18.9x1.1x
Tue, 21 Oct 2025S$946.4mS$952.3mS$55.4m17.1x17.1x1x
Thu, 18 Sep 2025S$986.5mS$951.1mS$55.0m17.9x17.9x1x
Sat, 16 Aug 2025S$931.1mS$951.0mS$55.0m16.9x16.9x1x
Mon, 14 Jul 2025S$939.3mS$938.6mS$53.6m17.5x17.5x1x
Wed, 11 Jun 2025S$825.4mS$939.0mS$53.7m15.3x15.4x0.9x
Fri, 09 May 2025S$656.4mS$922.1mS$44.1m15.6x14.9x0.7x
Sun, 06 Apr 2025S$662.8mS$925.1mS$43.7m15x15.2x0.7x
Tue, 04 Mar 2025S$709.8mS$925.1mS$43.7m16.1x16.3x0.8x
Thu, 30 Jan 2025S$640.6mS$868.0mS$45.0m14.8x14.2x0.7x
Sat, 28 Dec 2024S$649.0mS$868.6mS$45.2m15x14.4x0.7x
Mon, 25 Nov 2024S$632.5mS$867.9mS$45.0m14.6x14.1x0.7x
Wed, 23 Oct 2024S$643.3mS$860.3mS$40.9m17.5x15.7x0.7x
Fri, 20 Sep 2024S$597.8mS$859.1mS$40.6m16.2x14.7x0.7x
Sun, 18 Aug 2024S$638.1mS$860.2mS$40.9m17x15.6x0.7x
Tue, 16 Jul 2024S$635.1mS$781.9mS$35.3m17.1x18x0.8x
Thu, 13 Jun 2024S$611.5mS$782.3mS$35.4m16.2x17.3x0.8x
Sat, 11 May 2024S$562.2mS$772.0mS$30.7m18.5x18.3x0.7x
Mon, 08 Apr 2024S$572.9mS$777.4mS$25.4m18.8x22.6x0.7x
Wed, 06 Mar 2024S$528.2mS$777.3mS$25.4m18.2x20.8x0.7x
Fri, 02 Feb 2024S$534.8mS$737.3mS$10.2m23.4x52.7x0.7x
Sun, 31 Dec 2023S$538.1mS$736.6mS$10.0m23.6x53.7x0.7x
Tue, 28 Nov 2023S$570.7mS$737.4mS$10.2m25.2x56.1x0.8x
Thu, 26 Oct 2023S$547.0mS$735.4mS$9.1m25.7x59.9x0.7x
Sat, 23 Sep 2023S$572.3mS$735.3mS$9.1m27.1x62.9x0.8x
Mon, 21 Aug 2023S$566.0mS$734.9mS$9.0m26.8x62.7x0.8x
Wed, 19 Jul 2023S$556.3mS$649.2mS$5.0m41.4x111.1x0.9x
Fri, 16 Jun 2023S$495.1mS$649.7mS$5.1m37.1x96.7x0.8x
Sun, 14 May 2023S$507.9mS$647.6mS$7.8m29.5x65.3x0.8x
Tue, 11 Apr 2023S$504.0mS$647.4mS$7.7m28.6x65.7x0.8x
Thu, 09 Mar 2023S$525.3mS$658.1mS$7.5m28.5x69.8x0.8x
Sat, 04 Feb 2023S$543.9mS$602.6mS$16.7m25.3x32.6x0.9x
Price to Earnings Ratio

32.6x


Total Market Cap: S$543.9mTotal Earnings: S$16.7mTotal Revenue: S$602.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean IT Industry Price to Earnings3Y Average 34.7x202420252026
Current Industry PE
    There are only 2 companies in the Singaporean IT industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 49% per year over the last three years.
  • Revenues for these companies have grown 17% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

SG Market0.88%
Tech0.84%
IT2.91%
IT Consulting2.91%
Data Processing Services0%0
Industry PE
  • Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 34.8x.
    • Analysts are expecting annual earnings growth of 26.6%, which is lower than the prior year's growth of 30.2% per year.
  • Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 34.8x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 27% 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
544 CSE GlobalS$1.072.9%
+S$21.7m
146.0%PE28x
BBW Azeus Systems HoldingsS$11.990.8%
+S$2.7m
7.9%PE13.3x