Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Singaporean (SGX) Market Analysis & Valuation

UpdatedSep 13, 2026
DataAggregated Company Financials
Companies505
  • 7D-1.7%
  • 3M9.3%
  • 1Y22.6%
  • YTD15.6%

Over the last 7 days, the market has dropped 1.7%, driven by a loss of 2.2% in the Financials sector. As for the longer term, the market has actually risen by 23% in the last year. As for the next few years, earnings are expected to grow by 7.8% per annum.

Trending IndustriesOil and Gas

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 13 Sep 2026S$1.0tS$542.5bS$58.8b13.1x17.6x1.9x
Tue, 11 Aug 2026S$1.0tS$535.7bS$60.6b13.9x17.3x2x
Thu, 09 Jul 2026S$996.2bS$535.9bS$58.0b14x17.2x1.9x
Sat, 06 Jun 2026S$953.6bS$535.3bS$58.2b14.2x16.4x1.8x
Mon, 04 May 2026S$948.5bS$531.8bS$60.0b14.8x15.8x1.8x
Wed, 01 Apr 2026S$933.4bS$534.3bS$60.5b14x15.4x1.7x
Fri, 27 Feb 2026S$948.8bS$562.5bS$56.7b14.7x16.7x1.7x
Sun, 25 Jan 2026S$924.2bS$561.6bS$55.5b15.1x16.7x1.6x
Tue, 23 Dec 2025S$878.9bS$562.9bS$55.3b14.6x15.9x1.6x
Thu, 20 Nov 2025S$866.4bS$564.6bS$55.2b14.8x15.7x1.5x
Sat, 18 Oct 2025S$829.6bS$563.8bS$56.4b14.4x14.7x1.5x
Mon, 15 Sep 2025S$836.8bS$562.4bS$56.3b14.4x14.9x1.5x
Wed, 13 Aug 2025S$799.0bS$542.9bS$52.3b13.7x15.3x1.5x
Fri, 11 Jul 2025S$769.8bS$541.6bS$51.3b13x15x1.4x
Sun, 08 Jun 2025S$740.9bS$543.2bS$51.3b12.6x14.4x1.4x
Tue, 06 May 2025S$728.5bS$548.5bS$47.6b11.7x15.3x1.3x
Thu, 03 Apr 2025S$743.0bS$556.8bS$47.6b11.7x15.6x1.3x
Sat, 01 Mar 2025S$729.8bS$557.6bS$49.0b11.7x14.9x1.3x
Mon, 27 Jan 2025S$716.4bS$544.8bS$43.2b12.1x16.6x1.3x
Wed, 25 Dec 2024S$710.4bS$547.3bS$43.6b11.7x16.3x1.3x
Fri, 22 Nov 2024S$707.1bS$542.5bS$43.4b11.5x16.3x1.3x
Sun, 20 Oct 2024S$705.8bS$535.1bS$44.0b11.8x16x1.3x
Tue, 17 Sep 2024S$704.1bS$540.7bS$44.9b11.2x15.7x1.3x
Thu, 15 Aug 2024S$653.9bS$542.6bS$44.8b10.7x14.6x1.2x
Sat, 13 Jul 2024S$688.7bS$546.7bS$44.6b11.8x15.5x1.3x
Mon, 10 Jun 2024S$662.0bS$548.0bS$44.4b11.7x14.9x1.2x
Wed, 08 May 2024S$648.9bS$547.2bS$46.9b11.7x13.8x1.2x
Fri, 05 Apr 2024S$648.8bS$545.4bS$47.0b11.8x13.8x1.2x
Sun, 03 Mar 2024S$631.2bS$543.0bS$49.3b11.4x12.8x1.2x
Tue, 30 Jan 2024S$642.2bS$571.8bS$51.8b12.3x12.4x1.1x
Thu, 28 Dec 2023S$654.4bS$569.4bS$52.1b12.5x12.6x1.1x
Sat, 25 Nov 2023S$643.9bS$573.5bS$52.4b12x12.3x1.1x
Mon, 23 Oct 2023S$640.9bS$575.2bS$52.5b12.1x12.2x1.1x
Wed, 20 Sep 2023S$677.6bS$574.0bS$52.5b12.8x12.9x1.2x
Price to Earnings Ratio

12.9x


Total Market Cap: S$677.6bTotal Earnings: S$52.5bTotal Revenue: S$574.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Market Price to Earnings3Y Average 15.1x202420252026
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 17.6x which is higher than its 3-year average PE of 15.1x.
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-1.67%
Tech1.87%
Energy-0.24%
Consumer Discretionary-0.26%
Utilities-0.45%
Telecom-0.55%
Materials-0.56%
Industrials-0.64%
Healthcare-1.58%
Real Estate-2.09%
Financials-2.15%
Consumer Staples-2.74%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading close to its 3-year average PE ratio of 58.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 18.4% 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 12.7x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings decline of 2.0% per year.
  • In contrast, the Telecom sector is expected to see its earnings grow by 2.1% 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
AWX AEM HoldingsS$9.7311.8%
+S$329.1m		523.7%PE69.4xTech
C07 Jardine Cycle & CarriageS$27.381.8%
+S$189.7m		-4.5%PE8.6xIndustrials
BS6 Yangzijiang Shipbuilding (Holdings)S$4.980.8%
+S$157.4m		56.1%PE10.6xIndustrials
42C iX BiopharmaS$0.5720.0%
+S$103.5m		2,750.0%PS90.6xHealthcare
E28 Frencken GroupS$2.456.5%
+S$71.0m		72.5%PE30.2xIndustrials
See more

Market Insights

Header cover image
Greater regulatory scrutiny is catching up with digital platforms, posing a rising risk for social media stocks. But as Big Tobacco discovered, that's not always a bad outcome for shareholders.
Continue reading
What 13F filings won't tell you about a billionaire's stock picks

Latest News

S68
S$24.30
Singapore Exchange
7D
-4.0%
1Y
46.7%
Narrative Update • Sep 10

S68: Expanded Derivatives Suite Will Support Higher Earnings And Future Repricing

Analysts have lifted their price target on Singapore Exchange to SGD 28.33 from SGD 26.00, citing updated assumptions for revenue growth, profit margins and a lower future P/E multiple that together point to a higher assessed fair value. What's in the News for Singapore Exchange Singapore Exchange, through SGX Group, is expanding its global equity derivatives franchise under a new licensing agreement with MSCI.
42C
S$0.57
iX Biopharma
7D
20.0%
1Y
2,750.0%
AWX
S$9.73
AEM Holdings
7D
11.8%
1Y
523.7%
C38U
S$2.28
CapitaLand Integrated Commercial Trust
7D
-2.6%
1Y
-2.6%
E28
S$2.45
Frencken Group
7D
6.5%
1Y
72.5%
S63
S$10.24
Singapore Technologies Engineering
7D
-2.3%
1Y
25.6%
U11
S$41.26
United Overseas Bank
7D
-1.8%
1Y
16.9%
544
S$1.25
CSE Global
7D
5.9%
1Y
71.2%
G07
S$20.20
Great Eastern Holdings
7D
-2.2%
1Y
35.8%
C07
S$27.38
Jardine Cycle & Carriage
7D
1.8%
1Y
-4.5%
O39
S$31.60
Oversea-Chinese Banking
7D
-2.1%
1Y
87.5%
D05
S$77.00
DBS Group Holdings
7D
-2.1%
1Y
48.7%
BS6
S$4.98
Yangzijiang Shipbuilding (Holdings)
7D
0.8%
1Y
56.1%
F34
S$3.71
Wilmar International
7D
-2.9%
1Y
25.8%
UD1U
S$0.20
IREIT Global
7D
21.2%
1Y
-32.2%
PCT
S$3.10
PC Partner Group
7D
5.8%
1Y
174.3%