Swiss (SMI) Chemicals Industry Analysis

Industry Valuation and Performance

Has the Swiss Chemicals Industry valuation changed over the past few years?

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 50.7x which is higher than its 3-year average PE of 36.4x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Chemicals industry have grown 5.9% per year over the last three years, and revenues for these companies have grown 3.6% 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 Swiss Chemicals industry?

Industry PE: Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 36.4x. However analysts expect its future annual earnings growth (12%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today.

Forecasted Growth: Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 12% over the next 5 years. This is roughly in line with its past earnings growth rate.

Top Stock Gainers and Losers

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