Header cover image

Australian (ASX) Healthcare Sector Analysis

UpdatedApr 14, 2025
DataAggregated Company Financials
Companies133
  • 7D-3.7%
  • 3M-15.9%
  • 1Y-9.8%
  • YTD-13.4%

Over the last 7 days, the Healthcare industry has dropped 3.7%, driven by a pullback from CSL of 8.0%. In contrast, Pro Medicus has gained 6.8%. However, the industry is down 9.8% over the past year. As for the next few years, earnings are expected to grow by 18% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Apr 2025AU$237.7bAU$71.1bAU$5.0b25.8x47.9x3.3x
Thu, 13 Mar 2025AU$250.1bAU$71.2bAU$4.9b27.7x50.7x3.5x
Sat, 08 Feb 2025AU$248.1bAU$65.2bAU$3.3b26.5x74.2x3.8x
Mon, 06 Jan 2025AU$247.0bAU$68.9bAU$3.4b25.9x73.3x3.6x
Wed, 04 Dec 2024AU$250.4bAU$68.0bAU$3.2b27x78x3.7x
Fri, 01 Nov 2024AU$239.9bAU$67.7bAU$3.2b25.3x75.8x3.5x
Sun, 29 Sep 2024AU$236.6bAU$66.5bAU$3.0b25.8x79.3x3.6x
Tue, 27 Aug 2024AU$245.2bAU$65.3bAU$3.2b36.7x77.3x3.8x
Thu, 25 Jul 2024AU$246.1bAU$63.0bAU$2.7b32.1x92.7x3.9x
Sat, 22 Jun 2024AU$236.1bAU$62.8bAU$2.6b33.5x90x3.8x
Mon, 20 May 2024AU$225.3bAU$60.9bAU$2.6b26.8x87.4x3.7x
Wed, 17 Apr 2024AU$221.6bAU$62.0bAU$2.7b25.6x81.2x3.6x
Fri, 15 Mar 2024AU$223.2bAU$61.4bAU$2.6b25.6x85.6x3.6x
Sun, 11 Feb 2024AU$235.0bAU$59.2bAU$3.0b26.1x77.2x4x
Tue, 09 Jan 2024AU$223.3bAU$60.1bAU$2.8b24.5x79.8x3.7x
Thu, 07 Dec 2023AU$210.4bAU$60.5bAU$2.9b24.8x73.2x3.5x
Sat, 04 Nov 2023AU$193.6bAU$60.9bAU$2.9b24.4x65.8x3.2x
Mon, 02 Oct 2023AU$200.1bAU$61.1bAU$2.9b24.9x68.9x3.3x
Wed, 30 Aug 2023AU$210.2bAU$61.5bAU$2.9b29x71.3x3.4x
Fri, 28 Jul 2023AU$213.7bAU$57.4bAU$2.8b27.5x75.3x3.7x
Sun, 25 Jun 2023AU$217.4bAU$57.7bAU$2.9b25.5x75.3x3.8x
Tue, 23 May 2023AU$231.6bAU$57.8bAU$2.9b27.5x80.1x4x
Thu, 20 Apr 2023AU$230.4bAU$57.1bAU$2.9b27.5x80.4x4x
Sat, 18 Mar 2023AU$221.0bAU$57.0bAU$2.9b24.9x77.5x3.9x
Mon, 13 Feb 2023AU$226.1bAU$55.3bAU$4.0b24.9x57.2x4.1x
Wed, 11 Jan 2023AU$213.0bAU$55.3bAU$4.0b24.8x53.2x3.8x
Fri, 09 Dec 2022AU$224.3bAU$55.8bAU$4.1b24.9x54.9x4x
Sun, 06 Nov 2022AU$210.7bAU$56.8bAU$4.3b25.3x49.3x3.7x
Tue, 04 Oct 2022AU$210.5bAU$56.4bAU$4.2b28x50x3.7x
Thu, 01 Sep 2022AU$224.5bAU$55.0bAU$4.1b27.7x54.5x4.1x
Sat, 30 Jul 2022AU$221.9bAU$53.8bAU$4.8b24x46.2x4.1x
Mon, 27 Jun 2022AU$205.7bAU$53.9bAU$4.8b24x42.6x3.8x
Wed, 25 May 2022AU$215.1bAU$53.5bAU$4.7b25x45.3x4x
Fri, 22 Apr 2022AU$219.0bAU$56.8bAU$4.7b27.2x47x3.9x
Price to Earnings Ratio

47x


Total Market Cap: AU$219.0bTotal Earnings: AU$4.7bTotal Revenue: AU$56.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Healthcare Sector Price to Earnings3Y Average 68.8x202320242025
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 47.9x which is lower than its 3-year average PE of 68.8x.
  • The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 2.0% per year over the last three years.
  • Revenues for these companies have grown 7.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

AU Market0.085%
Healthcare-3.67%
Healthtech6.24%
Healthcare Services-0.13%
Life Sciences-2.53%
Medical Equipment-2.98%
Pharma-4.99%
Biotech-6.85%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 199x.
    • Analysts are expecting annual earnings growth of 15.4%, 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 82% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Biotech industry is expected to see its earnings grow by 15% 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
PME Pro MedicusAU$212.9220.4%
+AU$3.8b
100.2%PE226.3x
SIG Sigma HealthcareAU$3.006.4%
+AU$2.1b
n/aPE64x
TLX Telix PharmaceuticalsAU$26.3613.9%
+AU$1.1b
104.2%PE178.3x
COH CochlearAU$261.003.0%
+AU$501.6m
-18.0%PE46.1x
SHL Sonic HealthcareAU$25.212.4%
+AU$278.5m
-5.7%PE22.2x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

MVF

AU$0.71

Monash IVF Group

7D

-31.4%

1Y

-50.7%

AVR

AU$4.60

Anteris Technologies Global

7D

-13.2%

1Y

-80.0%

PYC

AU$1.00

PYC Therapeutics

7D

-2.4%

1Y

4.2%

TLX

AU$26.36

Telix Pharmaceuticals

7D

13.9%

1Y

104.2%

NEU

AU$11.13

Neuren Pharmaceuticals

7D

23.0%

1Y

-45.4%

PGC

AU$0.39

Paragon Care

7D

-2.5%

1Y

n/a

SIG

AU$3.00

Sigma Healthcare

7D

6.4%

1Y

n/a

PSQ

AU$1.84

Pacific Smiles Group

7D

-4.4%

1Y

11.5%

BOT

AU$0.35

Botanix Pharmaceuticals

7D

-11.3%

1Y

73.2%

CSL

AU$238.00

CSL

7D

-1.6%

1Y

-14.6%

PME

AU$212.92

Pro Medicus

7D

20.4%

1Y

100.2%