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Singaporean (SGX) Market Analysis & Valuation

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies507
  • 7D-0.3%
  • 3M9.8%
  • 1Y29.5%
  • YTD7.3%

Over the last 7 days, the market has remained flat, although notably the Industrials sector gained 3.4% in that time. More promisingly, the market is up 29% over the past year. As for the next few years, earnings are expected to grow by 7.4% per annum.

Trending IndustriesOil and Gas

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Mar 2026S$954.5bS$532.5bS$57.1b14.8x16.7x1.8x
Thu, 29 Jan 2026S$930.3bS$559.8bS$55.5b15.4x16.8x1.7x
Sat, 27 Dec 2025S$883.5bS$562.0bS$55.3b14.6x16x1.6x
Mon, 24 Nov 2025S$858.8bS$565.1bS$55.2b14.9x15.5x1.5x
Wed, 22 Oct 2025S$841.1bS$564.2bS$56.4b14.4x14.9x1.5x
Fri, 19 Sep 2025S$832.4bS$561.8bS$56.3b14.5x14.8x1.5x
Sun, 17 Aug 2025S$802.1bS$554.1bS$55.2b13.6x14.5x1.4x
Tue, 15 Jul 2025S$776.3bS$542.3bS$51.3b12.9x15.1x1.4x
Thu, 12 Jun 2025S$740.6bS$543.4bS$51.3b12.6x14.4x1.4x
Sat, 10 May 2025S$731.8bS$550.1bS$47.6b11.8x15.4x1.3x
Mon, 07 Apr 2025S$723.3bS$557.1bS$47.6b11.6x15.2x1.3x
Wed, 05 Mar 2025S$729.1bS$556.1bS$48.5b11.8x15x1.3x
Fri, 31 Jan 2025S$715.3bS$545.2bS$43.5b12x16.4x1.3x
Sun, 29 Dec 2024S$712.0bS$547.2bS$43.6b11.6x16.3x1.3x
Tue, 26 Nov 2024S$706.4bS$542.8bS$43.5b11.7x16.2x1.3x
Thu, 24 Oct 2024S$699.4bS$536.4bS$44.0b11.6x15.9x1.3x
Sat, 21 Sep 2024S$713.6bS$540.5bS$44.9b11.4x15.9x1.3x
Mon, 19 Aug 2024S$664.4bS$548.3bS$45.0b10.9x14.8x1.2x
Wed, 17 Jul 2024S$687.6bS$546.8bS$44.6b11.9x15.4x1.3x
Fri, 14 Jun 2024S$660.0bS$547.6bS$44.4b11.7x14.9x1.2x
Sun, 12 May 2024S$658.2bS$547.2bS$46.8b11.6x14x1.2x
Tue, 09 Apr 2024S$646.3bS$545.7bS$47.0b11.8x13.7x1.2x
Thu, 07 Mar 2024S$630.7bS$543.3bS$48.8b11.3x12.9x1.2x
Sat, 03 Feb 2024S$648.1bS$571.5bS$50.8b12.3x12.8x1.1x
Mon, 01 Jan 2024S$666.8bS$569.1bS$52.1b12.7x12.8x1.2x
Wed, 29 Nov 2023S$638.7bS$572.9bS$52.4b11.8x12.2x1.1x
Fri, 27 Oct 2023S$638.8bS$575.1bS$52.5b12.2x12.2x1.1x
Sun, 24 Sep 2023S$670.8bS$574.5bS$52.5b12.9x12.8x1.2x
Tue, 22 Aug 2023S$670.0bS$573.2bS$53.2b12.4x12.6x1.2x
Thu, 20 Jul 2023S$695.0bS$575.3bS$56.7b11.9x12.3x1.2x
Sat, 17 Jun 2023S$697.6bS$577.3bS$56.8b11.6x12.3x1.2x
Mon, 15 May 2023S$691.5bS$573.7bS$55.2b11.5x12.5x1.2x
Wed, 12 Apr 2023S$707.7bS$569.3bS$54.6b11.7x13x1.2x
Fri, 10 Mar 2023S$692.6bS$572.4bS$54.4b11.1x12.7x1.2x
Price to Earnings Ratio

12.7x


Total Market Cap: S$692.6bTotal Earnings: S$54.4bTotal Revenue: S$572.4bTotal 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 16.7x 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 2.4% 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-0.35%
Industrials3.37%
Energy2.65%
Tech1.87%
Materials0.71%
Telecom-0.13%
Real Estate-0.33%
Healthcare-1.31%
Financials-1.69%
Consumer Staples-2.09%
Utilities-2.69%
Consumer Discretionary-4.37%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading close to its 3-year average PE ratio of 44.4x.
    • Analysts are expecting annual earnings growth of 9.9%, which is lower than the prior year's growth of 11.3% per year.
  • The Utilities sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 10.0x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 45% over the next 5 years.
  • This is better than its past earnings growth rate of 2.5% 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
BS6 Yangzijiang Shipbuilding (Holdings)S$4.4314.8%
+S$2.2b		83.1%PE10.9xIndustrials
5E2 SeatriumS$2.335.4%
+S$406.4m		8.4%PE24.4xIndustrials
C07 Jardine Cycle & CarriageS$35.472.8%
+S$383.4m		33.5%PE11.1xIndustrials
AWX AEM HoldingsS$2.9850.5%
+S$314.6m		124.1%PE55.3xTech
5TP CNMC Goldmine HoldingsS$1.9929.2%
+S$182.4m		586.2%PE15.1xMaterials
See more

Market Insights

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In many ways, the market is upside down. This new setting might offer some unexpected opportunities for investors.
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Alternatives part 2: 2026 and beyond 🔭

Latest News

U11
S$36.30
United Overseas Bank
7D
-6.4%
1Y
-5.3%
C07
S$35.47
Jardine Cycle & Carriage
7D
2.8%
1Y
33.5%
O39
S$20.93
Oversea-Chinese Banking
7D
-3.5%
1Y
21.6%
5E2
S$2.33
Seatrium
7D
5.4%
1Y
8.4%
558
S$1.50
UMS Integration
7D
13.6%
1Y
75.2%
U96
S$5.91
Sembcorp Industries
7D
-6.9%
1Y
-6.5%
S61
S$3.76
SBS Transit
7D
10.9%
1Y
41.9%
5TP
S$1.99
CNMC Goldmine Holdings
7D
29.2%
1Y
586.2%
D05
S$55.63
DBS Group Holdings
7D
-4.3%
1Y
21.5%
AWX
S$2.98
AEM Holdings
7D
50.5%
1Y
124.1%
BS6
S$4.43
Yangzijiang Shipbuilding (Holdings)
7D
14.8%
1Y
83.1%
G13
S$0.70
Genting Singapore
7D
-11.4%
1Y
-1.4%
P52
S$1.39
Pan-United
7D
15.8%
1Y
122.4%
BN4
S$12.47
Keppel
7D
-4.3%
1Y
81.3%

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H78
US$8.33
Hongkong Land Holdings
7D
-4.4%
1Y
85.1%

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Z74
S$4.91
Singapore Telecommunications
7D
-2.2%
1Y
44.4%