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Singaporean (SGX) Market Analysis & Valuation

UpdatedMar 07, 2026
DataAggregated Company Financials
Companies507
  • 7D-3.0%
  • 3M6.5%
  • 1Y25.0%
  • YTD4.0%

Over the last 7 days, the market has dropped 2.6%, driven by losses in every sector, especially the Financials sector. In the last year, the market is actually up 25%. Earnings are forecast to grow by 7.3% annually.

Trending IndustriesOil and Gas

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Mar 2026S$927.7bS$536.2bS$58.9b14.4x15.8x1.7x
Mon, 02 Feb 2026S$928.8bS$561.2bS$55.7b15.2x16.7x1.7x
Wed, 31 Dec 2025S$886.3bS$561.7bS$55.2b14.8x16x1.6x
Fri, 28 Nov 2025S$865.4bS$563.6bS$55.1b14.8x15.7x1.5x
Sun, 26 Oct 2025S$852.3bS$564.6bS$56.5b14.8x15.1x1.5x
Tue, 23 Sep 2025S$829.6bS$562.3bS$56.3b14.5x14.7x1.5x
Thu, 21 Aug 2025S$801.2bS$554.4bS$55.2b13.8x14.5x1.4x
Sat, 19 Jul 2025S$793.4bS$542.7bS$51.0b13.3x15.5x1.5x
Mon, 16 Jun 2025S$737.9bS$542.7bS$51.3b12.5x14.4x1.4x
Wed, 14 May 2025S$731.6bS$551.4bS$47.7b12x15.4x1.3x
Fri, 11 Apr 2025S$680.5bS$555.4bS$47.6b11.1x14.3x1.2x
Sun, 09 Mar 2025S$733.5bS$554.5bS$48.4b11.9x15.1x1.3x
Tue, 04 Feb 2025S$718.6bS$547.7bS$43.5b12.1x16.5x1.3x
Thu, 02 Jan 2025S$714.5bS$548.2bS$43.7b11.8x16.4x1.3x
Sat, 30 Nov 2024S$708.1bS$544.3bS$43.5b11.7x16.3x1.3x
Mon, 28 Oct 2024S$697.4bS$536.7bS$43.9b11.8x15.9x1.3x
Wed, 25 Sep 2024S$713.8bS$540.1bS$44.9b11.3x15.9x1.3x
Fri, 23 Aug 2024S$669.9bS$547.1bS$44.9b10.9x14.9x1.2x
Sun, 21 Jul 2024S$681.8bS$547.0bS$44.6b11.9x15.3x1.2x
Tue, 18 Jun 2024S$656.0bS$548.1bS$44.4b11.8x14.8x1.2x
Thu, 16 May 2024S$658.7bS$546.5bS$46.8b11.7x14.1x1.2x
Sat, 13 Apr 2024S$647.0bS$547.4bS$47.0b12x13.8x1.2x
Mon, 11 Mar 2024S$632.8bS$541.7bS$48.5b11.6x13.1x1.2x
Wed, 07 Feb 2024S$632.5bS$554.7bS$49.9b12.1x12.7x1.1x
Fri, 05 Jan 2024S$655.9bS$570.4bS$52.2b12.6x12.6x1.1x
Sun, 03 Dec 2023S$641.8bS$572.5bS$52.4b12x12.2x1.1x
Tue, 31 Oct 2023S$638.8bS$574.5bS$52.3b12.1x12.2x1.1x
Thu, 28 Sep 2023S$669.3bS$575.0bS$52.5b12.8x12.7x1.2x
Sat, 26 Aug 2023S$670.8bS$573.7bS$53.1b12.6x12.6x1.2x
Mon, 24 Jul 2023S$695.5bS$576.1bS$56.7b11.9x12.3x1.2x
Wed, 21 Jun 2023S$689.6bS$578.2bS$56.8b11.4x12.1x1.2x
Fri, 19 May 2023S$687.7bS$579.1bS$56.6b11.4x12.2x1.2x
Sun, 16 Apr 2023S$708.5bS$569.1bS$54.0b11.6x13.1x1.2x
Tue, 14 Mar 2023S$676.6bS$571.6bS$54.2b11x12.5x1.2x
Price to Earnings Ratio

12.5x


Total Market Cap: S$676.6bTotal Earnings: S$54.2bTotal Revenue: S$571.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Market Price to Earnings3Y Average 14.4x202420252026
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 16.3x which is higher than its 3-year average PE of 14.4x.
Past Earnings Growth
  • The earnings for Singaporean listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have declined 2.1% per year.
  • This means that the cost of doing business could be reducing since sales have declined yet profits have remained steady.

Sector Trends

Which sectors have driven the changes within the Singaporean Market?

SG Market-3.02%
Consumer Staples-0.16%
Tech-0.60%
Telecom-0.87%
Materials-2.95%
Energy-2.97%
Financials-3.07%
Industrials-3.46%
Real Estate-4.08%
Consumer Discretionary-4.32%
Healthcare-6.00%
Utilities-6.04%
Sector PE
  • Investors favour the Materials sector the most for future growth even though it's trading below its 3-year average PE ratio of 44.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 11.9% which is higher than its past year's earnings decline of 4.4% per year.
  • The Utilities sector is the least preferred by investors for future growth, which is trading below its 3-year average of 10.0x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings decline of 8.6% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 16% 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
S63 Singapore Technologies EngineeringS$10.959.8%
+S$3.0b		78.6%PE73.7xIndustrials
EB5 First ResourcesS$2.7415.6%
+S$572.8m		67.1%PE9.3xConsumer Staples
D01 DFI Retail Group HoldingsUS$4.343.6%
+US$203.0m		104.7%PE25xConsumer Staples
P8Z Bumitama AgriS$1.416.8%
+S$156.1m		57.5%PE12xConsumer Staples
U10 UOB-Kay Hian HoldingsS$3.233.9%
+S$116.9m		79.4%PE15xFinancials
See more

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