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Australian (ASX) Healthcare Sector Analysis

UpdatedJul 08, 2025
DataAggregated Company Financials
Companies133
  • 7D3.1%
  • 3M8.3%
  • 1Y-3.1%
  • YTD-4.2%

In the last week, the Healthcare industry is up 3.7%, with CSL up 3.5%. In the past year, the industry is down 5.1%. Earnings are forecast to grow by 19% annually.

Sector Valuation and Performance

Has the Australian Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 08 Jul 2025AU$263.8bAU$71.8bAU$4.3b28.4x61.6x3.7x
Thu, 05 Jun 2025AU$259.5bAU$71.9bAU$4.3b26.3x60.4x3.6x
Sat, 03 May 2025AU$260.7bAU$70.5bAU$4.9b29x53.5x3.7x
Mon, 31 Mar 2025AU$252.0bAU$71.2bAU$4.9b28.3x51.2x3.5x
Wed, 26 Feb 2025AU$271.5bAU$66.7bAU$4.3b29.4x63.2x4.1x
Fri, 24 Jan 2025AU$245.0bAU$68.7bAU$3.4b26.2x73.1x3.6x
Sun, 22 Dec 2024AU$240.8bAU$68.8bAU$3.3b25.5x72x3.5x
Tue, 19 Nov 2024AU$234.4bAU$68.2bAU$3.2b24.6x72.5x3.4x
Thu, 17 Oct 2024AU$246.2bAU$67.3bAU$3.1b25.9x79.4x3.7x
Sat, 14 Sep 2024AU$241.7bAU$67.1bAU$3.1b27x77.7x3.6x
Mon, 12 Aug 2024AU$241.2bAU$63.0bAU$2.7b29x90.7x3.8x
Wed, 10 Jul 2024AU$234.7bAU$62.5bAU$2.6b32.7x91.1x3.8x
Fri, 07 Jun 2024AU$230.9bAU$63.0bAU$2.6b29.8x87.7x3.7x
Sun, 05 May 2024AU$221.9bAU$61.2bAU$2.6b27.3x84.5x3.6x
Tue, 02 Apr 2024AU$228.9bAU$61.6bAU$2.7b27.2x86x3.7x
Thu, 29 Feb 2024AU$224.5bAU$60.5bAU$2.7b27.7x83x3.7x
Sat, 27 Jan 2024AU$228.3bAU$60.5bAU$2.8b25.3x80.1x3.8x
Mon, 25 Dec 2023AU$222.3bAU$59.7bAU$2.7b24.9x81.4x3.7x
Wed, 22 Nov 2023AU$202.4bAU$60.5bAU$2.9b24.5x70.3x3.3x
Fri, 20 Oct 2023AU$189.8bAU$61.4bAU$3.0b24.9x62.9x3.1x
Sun, 17 Sep 2023AU$209.1bAU$61.2bAU$2.9b25.3x72.4x3.4x
Tue, 15 Aug 2023AU$208.5bAU$58.1bAU$3.0b26.1x70.2x3.6x
Thu, 13 Jul 2023AU$208.3bAU$57.7bAU$2.9b27.5x72.3x3.6x
Sat, 10 Jun 2023AU$230.0bAU$57.6bAU$2.9b25.5x80x4x
Mon, 08 May 2023AU$229.8bAU$57.0bAU$2.8b28x80.8x4x
Wed, 05 Apr 2023AU$225.7bAU$57.0bAU$2.8b27.4x79.7x4x
Fri, 03 Mar 2023AU$221.5bAU$56.9bAU$2.8b27.8x78.4x3.9x
Sun, 29 Jan 2023AU$223.9bAU$54.8bAU$3.9b24.9x57.8x4.1x
Tue, 27 Dec 2022AU$217.4bAU$55.8bAU$4.1b25x53.3x3.9x
Thu, 24 Nov 2022AU$224.3bAU$55.8bAU$4.1b26.4x54.5x4x
Sat, 22 Oct 2022AU$204.6bAU$56.7bAU$4.3b27.3x48.1x3.6x
Mon, 19 Sep 2022AU$216.8bAU$55.5bAU$4.1b26.8x52.7x3.9x
Wed, 17 Aug 2022AU$227.6bAU$53.9bAU$4.8b27.9x47x4.2x
Fri, 15 Jul 2022AU$221.5bAU$54.4bAU$4.9b24.2x45.2x4.1x
Price to Earnings Ratio

45.2x


Total Market Cap: AU$221.5bTotal Earnings: AU$4.9bTotal Revenue: AU$54.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Healthcare Sector Price to Earnings3Y Average 69.7x202320242025
Current Industry PE
  • Investors are pessimistic on the Australian Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 61.6x which is lower than its 3-year average PE of 69.7x.
  • The industry is trading close to its 3-year average PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 4.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.6% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Australian Healthcare sector?

AU Market0.59%
Healthcare3.12%
Healthtech8.35%
Biotech3.22%
Life Sciences2.44%
Healthcare Services1.63%
Pharma1.45%
Medical Equipment0.43%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 203x.
    • Analysts are expecting annual earnings growth of 14.2%, which is lower than the prior year's growth of 19.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Life Sciences industry, expecting annual earnings growth of 66% over the next 5 years.
  • However this is lower than its past earnings growth rate of 88% per year.
  • In contrast, the Biotech industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
CSL CSLAU$247.983.5%
+AU$4.1b
-16.1%PE28.4x
PME Pro MedicusAU$309.988.7%
+AU$2.6b
130.9%PE329.5x
RHC Ramsay Health CareAU$39.387.3%
+AU$618.2m
-15.3%PE1131.3x
SHL Sonic HealthcareAU$26.990.7%
+AU$474.5m
4.7%PE24.5x
SIG Sigma HealthcareAU$3.021.0%
+AU$346.3m
n/aPS7.2x

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