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Singaporean (SGX) Market Analysis & Valuation

UpdatedAug 22, 2026
DataAggregated Company Financials
Companies506
  • 7D-1.1%
  • 3M7.9%
  • 1Y26.4%
  • YTD16.1%

Over the last 7 days, the market has dropped 1.1%, driven by a pullback of 1.3% in the Financials sector. In contrast to the last week, the market is actually up 26% over the past year. As for the next few years, earnings are expected to grow by 7.7% per annum.

Trending IndustriesOil and Gas

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Aug 2026S$1.0tS$543.1bS$59.2b13.3x17.7x1.9x
Mon, 20 Jul 2026S$1.0tS$535.6bS$58.0b14.1x17.6x1.9x
Wed, 17 Jun 2026S$965.5bS$534.7bS$58.0b14.1x16.6x1.8x
Fri, 15 May 2026S$964.3bS$532.6bS$60.1b14.5x16x1.8x
Sun, 12 Apr 2026S$957.3bS$532.0bS$60.4b14.4x15.8x1.8x
Tue, 10 Mar 2026S$909.2bS$534.4bS$59.3b13.7x15.3x1.7x
Thu, 05 Feb 2026S$940.1bS$561.0bS$56.1b15.1x16.8x1.7x
Sat, 03 Jan 2026S$888.0bS$562.3bS$55.3b14.9x16.1x1.6x
Mon, 01 Dec 2025S$867.8bS$563.4bS$55.3b14.8x15.7x1.5x
Wed, 29 Oct 2025S$857.7bS$564.2bS$56.5b14.6x15.2x1.5x
Fri, 26 Sep 2025S$826.4bS$563.2bS$56.4b14.5x14.7x1.5x
Sun, 24 Aug 2025S$814.3bS$561.8bS$56.3b13.8x14.5x1.4x
Tue, 22 Jul 2025S$796.9bS$542.6bS$51.0b13.3x15.6x1.5x
Thu, 19 Jun 2025S$739.9bS$543.1bS$51.3b12.5x14.4x1.4x
Sat, 17 May 2025S$735.3bS$551.0bS$48.5b12.3x15.2x1.3x
Mon, 14 Apr 2025S$672.6bS$552.9bS$47.5b11.3x14.2x1.2x
Wed, 12 Mar 2025S$719.9bS$555.4bS$47.7b11.6x15.1x1.3x
Fri, 07 Feb 2025S$719.6bS$546.0bS$43.7b11.8x16.5x1.3x
Sun, 05 Jan 2025S$718.2bS$548.6bS$43.7b11.6x16.4x1.3x
Tue, 03 Dec 2024S$710.8bS$544.9bS$43.5b11.7x16.3x1.3x
Thu, 31 Oct 2024S$690.4bS$536.8bS$43.8b11.5x15.7x1.3x
Sat, 28 Sep 2024S$710.0bS$539.4bS$44.9b11.4x15.8x1.3x
Mon, 26 Aug 2024S$671.7bS$546.3bS$44.9b11x15x1.2x
Wed, 24 Jul 2024S$683.7bS$547.0bS$44.6b11.9x15.3x1.2x
Fri, 21 Jun 2024S$656.7bS$548.1bS$44.4b11.8x14.8x1.2x
Sun, 19 May 2024S$658.6bS$546.5bS$46.9b11.6x14x1.2x
Tue, 16 Apr 2024S$640.0bS$547.6bS$46.8b11.9x13.7x1.2x
Thu, 14 Mar 2024S$635.0bS$543.5bS$47.1b11.6x13.5x1.2x
Sat, 10 Feb 2024S$633.7bS$554.4bS$49.8b11.8x12.7x1.1x
Mon, 08 Jan 2024S$656.9bS$570.6bS$52.2b12.5x12.6x1.2x
Wed, 06 Dec 2023S$636.6bS$571.9bS$52.3b12x12.2x1.1x
Fri, 03 Nov 2023S$643.9bS$574.4bS$52.3b12.2x12.3x1.1x
Sun, 01 Oct 2023S$672.0bS$574.4bS$52.5b12.8x12.8x1.2x
Tue, 29 Aug 2023S$675.1bS$573.0bS$52.7b13.2x12.8x1.2x
Price to Earnings Ratio

12.8x


Total Market Cap: S$675.1bTotal Earnings: S$52.7bTotal Revenue: S$573.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Market Price to Earnings3Y Average 15x202420252026
Current Market PE
  • Investors are optimistic on the Singaporean market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 17.7x which is higher than its 3-year average PE of 15.0x.
Past Earnings Growth
  • The earnings for Singaporean listed companies have grown 3.9% per year over the last three years, while revenues have remained steady.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Sector Trends

Which sectors have driven the changes within the Singaporean Market?

SG Market-1.14%
Utilities2.83%
Consumer Staples0.40%
Real Estate-0.58%
Telecom-1.11%
Financials-1.28%
Consumer Discretionary-1.33%
Industrials-1.34%
Materials-1.95%
Tech-3.50%
Energy-4.15%
Healthcare-8.89%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading close to its 3-year average PE ratio of 58.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 18.3% which is higher than its past year's earnings decline of 1.6% per year.
  • The Consumer Staples sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 12.6x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 3.4% per year.
  • In contrast, the Telecom sector is expected to see its earnings grow by 2.5% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
D05 DBS Group HoldingsS$76.000.6%
+S$1.3b		49.6%PB3.1xFinancials
EB5 First ResourcesS$4.4211.9%
+S$727.6m		151.1%PE12.2xConsumer Staples
BS6 Yangzijiang Shipbuilding (Holdings)S$4.763.0%
+S$551.0m		65.9%PE10.1xIndustrials
P8Z Bumitama AgriS$2.1415.1%
+S$485.6m		101.9%PE15.4xConsumer Staples
U96 Sembcorp IndustriesS$6.043.6%
+S$373.8m		-1.3%PE18xUtilities
See more

Market Insights

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O39
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7D
-2.5%
1Y
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P8Z
S$2.14
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7D
15.1%
1Y
101.9%
ULG
US$0.64
UltraGreen.ai
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-49.6%
1Y
n/a
EB5
S$4.42
First Resources
7D
11.9%
1Y
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Z74
S$4.40
Singapore Telecommunications
7D
-1.1%
1Y
4.8%
U14
S$9.57
UOL Group
7D
3.1%
1Y
30.0%
E5H
S$0.31
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7D
6.9%
1Y
17.0%
U96
S$6.04
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7D
3.6%
1Y
-1.3%
S63
S$10.68
Singapore Technologies Engineering
7D
-2.6%
1Y
36.2%
D05
S$76.00
DBS Group Holdings
7D
0.6%
1Y
49.6%
BS6
S$4.76
Yangzijiang Shipbuilding (Holdings)
7D
3.0%
1Y
65.9%
H78
US$8.46
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7D
-2.4%
1Y
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BN4
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1.3%
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U11
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-3.0%
1Y
14.5%
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S58
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-13.2%
1Y
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