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Australian (ASX) Biotech Industry Analysis
UpdatedFeb 26, 2026
DataAggregated Company Financials
Companies34
- 7D-4.4%
- 3M-21.7%
- 1Y-44.6%
- YTD-15.5%
Over the last 7 days, the Biotech industry has dropped 3.9%, driven by a pullback from CSL of 5.0%. However, the industry is down 44% over the past year. Looking forward, earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Australian Biotech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 26 Feb 2026 | AU$81.0b | AU$23.2b | AU$1.4b | 25.6x | 55.9x | 3.5x |
| Sat, 24 Jan 2026 | AU$98.7b | AU$24.0b | AU$3.9b | 19.8x | 25.2x | 4.1x |
| Mon, 22 Dec 2025 | AU$97.0b | AU$24.9b | AU$4.1b | 18.6x | 23.8x | 3.9x |
| Wed, 19 Nov 2025 | AU$98.9b | AU$25.3b | AU$4.1b | 18.9x | 23.9x | 3.9x |
| Fri, 17 Oct 2025 | AU$120.5b | AU$25.2b | AU$4.1b | 23.1x | 29.1x | 4.8x |
| Sun, 14 Sep 2025 | AU$111.9b | AU$24.7b | AU$4.0b | 22.3x | 27.7x | 4.5x |
| Tue, 12 Aug 2025 | AU$139.9b | AU$24.4b | AU$3.9b | 41.8x | 36.3x | 5.7x |
| Thu, 10 Jul 2025 | AU$132.2b | AU$24.4b | AU$3.9b | 32.2x | 34.3x | 5.4x |
| Sat, 07 Jun 2025 | AU$131.3b | AU$24.5b | AU$3.9b | 20.5x | 33.9x | 5.4x |
| Mon, 05 May 2025 | AU$139.9b | AU$24.7b | AU$3.9b | 22x | 35.9x | 5.7x |
| Wed, 02 Apr 2025 | AU$136.4b | AU$25.4b | AU$4.0b | 21.1x | 33.9x | 5.4x |
| Fri, 28 Feb 2025 | AU$142.8b | AU$25.2b | AU$3.8b | 22.7x | 37.5x | 5.7x |
| Sun, 26 Jan 2025 | AU$148.2b | AU$24.3b | AU$3.6b | 24.2x | 40.7x | 6.1x |
| Tue, 24 Dec 2024 | AU$149.4b | AU$24.6b | AU$3.7b | 24.4x | 40.6x | 6.1x |
| Thu, 21 Nov 2024 | AU$145.9b | AU$23.7b | AU$3.5b | 25.7x | 41.4x | 6.2x |
| Sat, 19 Oct 2024 | AU$158.4b | AU$22.9b | AU$3.4b | 28.2x | 46.6x | 6.9x |
| Mon, 16 Sep 2024 | AU$156.6b | AU$23.0b | AU$3.4b | 29.4x | 46x | 6.8x |
| Wed, 14 Aug 2024 | AU$152.9b | AU$23.3b | AU$3.5b | 29.4x | 43.2x | 6.6x |
| Fri, 12 Jul 2024 | AU$157.4b | AU$21.8b | AU$3.2b | 32.4x | 49.2x | 7.2x |
| Sun, 09 Jun 2024 | AU$150.7b | AU$22.4b | AU$3.3b | 31x | 45.8x | 6.7x |
| Tue, 07 May 2024 | AU$143.0b | AU$22.2b | AU$3.2b | 30.3x | 44.1x | 6.4x |
| Thu, 04 Apr 2024 | AU$145.0b | AU$22.6b | AU$3.3b | 31.4x | 43.9x | 6.4x |
| Sat, 02 Mar 2024 | AU$143.9b | AU$22.6b | AU$3.3b | 29.5x | 43.5x | 6.4x |
| Mon, 29 Jan 2024 | AU$149.0b | AU$20.8b | AU$2.8b | 34x | 53.8x | 7.1x |
| Wed, 27 Dec 2023 | AU$143.3b | AU$20.2b | AU$2.7b | 34.2x | 53.7x | 7.1x |
| Fri, 24 Nov 2023 | AU$131.2b | AU$20.9b | AU$2.8b | 32.3x | 47.2x | 6.3x |
| Sun, 22 Oct 2023 | AU$118.5b | AU$21.7b | AU$2.9b | 28.7x | 40.7x | 5.5x |
| Tue, 19 Sep 2023 | AU$136.1b | AU$21.4b | AU$2.8b | 31.9x | 48.7x | 6.4x |
| Thu, 17 Aug 2023 | AU$139.0b | AU$21.2b | AU$2.5b | 38.4x | 54.7x | 6.6x |
| Sat, 15 Jul 2023 | AU$135.5b | AU$17.5b | AU$2.2b | 37x | 60.3x | 7.7x |
| Mon, 12 Jun 2023 | AU$155.9b | AU$17.8b | AU$2.3b | 41x | 67.8x | 8.7x |
| Wed, 10 May 2023 | AU$153.7b | AU$17.8b | AU$2.3b | 41.4x | 67.2x | 8.6x |
| Fri, 07 Apr 2023 | AU$153.0b | AU$18.0b | AU$2.3b | 41.1x | 66.1x | 8.5x |
| Sun, 05 Mar 2023 | AU$149.5b | AU$17.7b | AU$2.3b | 41.4x | 64.7x | 8.4x |
Price to Earnings Ratio
64.7x
Current Industry PE
- Investors are optimistic on the Australian Biotechs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 54.3x which is higher than its 3-year average PE of 43.7x.
- The 3-year average PS ratio of 6.2x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Biotechs industry have declined 14% 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 industry?
| AU Market | 1.42% | |
| Healthcare | -1.92% | |
| Biotech | -4.35% | |
| Biotech | -4.35% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TLX Telix Pharmaceuticals | AU$10.20 | 11.7% +AU$362.5m | -66.4% | PS3.1x | |
| RAC Racura Oncology | AU$2.43 | 10.5% +AU$41.8m | 105.1% | PS73.1x | |
| TTX Tetratherix | AU$3.97 | 4.7% +AU$9.1m | n/a | PS84.4x | |
| OCC Orthocell | AU$0.96 | 3.2% +AU$8.1m | -28.5% | PS28.1x | |
| PYC PYC Therapeutics | AU$1.50 | 0.3% +AU$4.7m | 19.1% | PS68.5x |