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Singaporean (SGX) Market Analysis & Valuation

UpdatedNov 17, 2024
DataAggregated Company Financials
Companies524
  • 7D0.07%
  • 3M9.5%
  • 1Y13.8%
  • YTD10.2%

The market has been flat in the last week, however the Information Technology sector is down 3.1%. As for the longer term, the market has risen 14% in the past 12 months. Earnings are forecast to grow by 11% annually.

Trending IndustriesOil and Gas

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 Nov 2024S$707.9bS$541.9bS$43.6b11.6x16.2x1.3x
Tue, 15 Oct 2024S$696.3bS$534.4bS$44.0b11.6x15.8x1.3x
Thu, 12 Sep 2024S$694.9bS$541.3bS$44.9b11.1x15.5x1.3x
Sat, 10 Aug 2024S$649.4bS$543.6bS$44.3b11x14.6x1.2x
Mon, 08 Jul 2024S$671.8bS$547.5bS$44.6b11.9x15.1x1.2x
Wed, 05 Jun 2024S$662.7bS$547.6bS$44.5b11.8x14.9x1.2x
Fri, 03 May 2024S$655.1bS$547.4bS$47.1b11.8x13.9x1.2x
Sun, 31 Mar 2024S$645.8bS$545.7bS$47.1b11.8x13.7x1.2x
Tue, 27 Feb 2024S$637.9bS$550.2bS$49.5b11.9x12.9x1.2x
Thu, 25 Jan 2024S$644.9bS$571.4bS$51.9b12.2x12.4x1.1x
Sat, 23 Dec 2023S$648.8bS$569.6bS$52.1b12.6x12.4x1.1x
Mon, 20 Nov 2023S$647.3bS$573.8bS$52.5b12.1x12.3x1.1x
Wed, 18 Oct 2023S$663.9bS$574.9bS$52.5b12.5x12.6x1.2x
Fri, 15 Sep 2023S$678.7bS$573.5bS$52.4b12.8x12.9x1.2x
Sun, 13 Aug 2023S$692.6bS$574.3bS$54.5b12.6x12.7x1.2x
Tue, 11 Jul 2023S$674.5bS$578.9bS$56.8b11.6x11.9x1.2x
Thu, 08 Jun 2023S$678.4bS$579.0bS$56.8b11.3x11.9x1.2x
Sat, 06 May 2023S$702.1bS$570.6bS$54.8b11.6x12.8x1.2x
Mon, 03 Apr 2023S$700.9bS$569.1bS$54.1b11.6x13x1.2x
Wed, 01 Mar 2023S$695.7bS$571.0bS$58.6b11x11.9x1.2x
Fri, 27 Jan 2023S$724.0bS$557.4bS$58.0b10.7x12.5x1.3x
Sun, 25 Dec 2022S$697.1bS$562.1bS$57.8b10.4x12.1x1.2x
Tue, 22 Nov 2022S$693.1bS$564.7bS$58.3b10.2x11.9x1.2x
Thu, 20 Oct 2022S$648.6bS$561.8bS$54.7b9.9x11.9x1.2x
Sat, 17 Sep 2022S$709.4bS$560.5bS$54.7b10.7x13x1.3x
Mon, 15 Aug 2022S$714.7bS$550.5bS$54.0b11.1x13.2x1.3x
Wed, 13 Jul 2022S$692.3bS$534.1bS$47.6b11.3x14.5x1.3x
Fri, 10 Jun 2022S$697.0bS$529.9bS$47.8b11.7x14.6x1.3x
Sun, 08 May 2022S$717.1bS$527.0bS$46.5b12.1x15.4x1.4x
Tue, 05 Apr 2022S$736.9bS$524.1bS$45.7b12.1x16.1x1.4x
Thu, 03 Mar 2022S$702.9bS$519.8bS$42.4b12.4x16.6x1.4x
Sat, 29 Jan 2022S$695.4bS$485.0bS$33.0b12.7x21.1x1.4x
Mon, 27 Dec 2021S$676.7bS$483.2bS$31.2b13.2x21.7x1.4x
Wed, 24 Nov 2021S$700.1bS$482.2bS$31.6b13.6x22.2x1.5x
Price to Earnings Ratio

22.2x


Total Market Cap: S$700.1bTotal Earnings: S$31.6bTotal Revenue: S$482.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Market Price to Earnings3Y Average 14.3x202220232024
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 16.2x which is higher than its 3-year average PE of 14.3x.
Past Earnings Growth
  • The earnings for Singaporean listed companies have grown 11% per year over the last three years.
  • Revenues for these companies have grown 4.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Singaporean Market?

SG Market0.075%
Financials1.59%
Utilities1.01%
Healthcare0.26%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Real Estate-0.41%
Industrials-0.49%
Materials-0.55%
Consumer Discretionary-0.62%
Energy-1.00%
Consumer Staples-1.09%
Telecom-2.73%
Tech-3.13%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 31.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 31.0%, which is higher than its past year's earnings growth of 3.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 2.3% 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
O39 Oversea-Chinese BankingS$16.442.4%
+S$1.7b
26.8%PB1.3xFinancials
D05 DBS Group HoldingsS$42.941.3%
+S$1.5b
44.5%PB1.9xFinancials
U11 United Overseas BankS$36.371.9%
+S$1.1b
33.0%PB1.4xFinancials
J36 Jardine Matheson HoldingsUS$42.083.1%
+US$370.8m
5.7%PE153.6xIndustrials
BN4 KeppelS$6.562.3%
+S$270.9m
1.4%PE15.9xIndustrials
See more
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F34

S$3.06

Wilmar International

7D

-2.5%

1Y

-16.8%

G13

S$0.78

Genting Singapore

7D

-1.9%

1Y

-17.1%

AP4

S$1.01

Riverstone Holdings

7D

11.0%

1Y

57.8%

C6L

S$6.33

Singapore Airlines

7D

-1.9%

1Y

1.4%

D05

S$42.94

DBS Group Holdings

7D

1.3%

1Y

44.5%

U11

S$36.37

United Overseas Bank

7D

1.9%

1Y

33.0%

J36

US$42.08

Jardine Matheson Holdings

7D

3.1%

1Y

5.7%

5E2

S$1.86

Seatrium

7D

-7.0%

1Y

-13.1%

A17U

S$2.57

CapitaLand Ascendas REIT

7D

-1.5%

1Y

-8.2%

U96

S$5.12

Sembcorp Industries

7D

2.2%

1Y

0.6%