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Swiss (SMI) Market Analysis & Valuation

UpdatedAug 25, 2025
DataAggregated Company Financials
Companies207
  • 7D1.5%
  • 3M-0.4%
  • 1Y-0.2%
  • YTD5.1%

The market is up 1.5% over the last week, with the Consumer Staples sector leading the way, up 4.4%. The market has been flat overall in the last year. As for the next few years, earnings are expected to grow by 11% per annum.

Trending IndustriesBiotech

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 25 Aug 2025CHF 1.9tCHF 775.9bCHF 90.0b20.8x20.8x2.4x
Wed, 23 Jul 2025CHF 1.8tCHF 784.7bCHF 107.0b20.3x16.9x2.3x
Fri, 20 Jun 2025CHF 1.8tCHF 781.3bCHF 106.4b19.9x16.8x2.3x
Sun, 18 May 2025CHF 1.8tCHF 790.7bCHF 106.8b20.2x17.2x2.3x
Tue, 15 Apr 2025CHF 1.7tCHF 831.3bCHF 156.7b18.4x10.8x2x
Thu, 13 Mar 2025CHF 1.9tCHF 850.4bCHF 158.5b19.8x11.9x2.2x
Sat, 08 Feb 2025CHF 1.9tCHF 823.2bCHF 116.8b21.9x16x2.3x
Mon, 06 Jan 2025CHF 1.7tCHF 817.7bCHF 117.8b21x14.8x2.1x
Wed, 04 Dec 2024CHF 1.8tCHF 810.5bCHF 117.1b20.7x15.1x2.2x
Fri, 01 Nov 2024CHF 1.8tCHF 808.3bCHF 117.7b20.7x15.2x2.2x
Sun, 29 Sep 2024CHF 1.8tCHF 795.9bCHF 114.6b22x16x2.3x
Tue, 27 Aug 2024CHF 1.8tCHF 801.0bCHF 113.7b22.2x16.2x2.3x
Thu, 25 Jul 2024CHF 1.8tCHF 797.7bCHF 125.8b21.8x14.5x2.3x
Sat, 22 Jun 2024CHF 1.8tCHF 799.8bCHF 125.5b21.7x14.4x2.3x
Mon, 20 May 2024CHF 1.8tCHF 802.4bCHF 126.4b21.9x14.3x2.3x
Wed, 17 Apr 2024CHF 1.7tCHF 768.0bCHF 97.0b21.6x17.9x2.3x
Fri, 15 Mar 2024CHF 1.8tCHF 776.4bCHF 98.7b20.9x17.8x2.3x
Sun, 11 Feb 2024CHF 1.7tCHF 766.6bCHF 109.2b19.3x15.4x2.2x
Tue, 09 Jan 2024CHF 1.7tCHF 760.0bCHF 109.2b18.2x15.5x2.2x
Thu, 07 Dec 2023CHF 1.7tCHF 767.9bCHF 110.7b18.3x14.9x2.2x
Sat, 04 Nov 2023CHF 1.6tCHF 758.7bCHF 101.1b17.9x15.8x2.1x
Mon, 02 Oct 2023CHF 1.6tCHF 751.1bCHF 99.9b18.5x16.4x2.2x
Wed, 30 Aug 2023CHF 1.7tCHF 746.0bCHF 74.9b19.3x22.4x2.2x
Fri, 28 Jul 2023CHF 1.7tCHF 739.9bCHF 76.5b18.3x22.2x2.3x
Sun, 25 Jun 2023CHF 1.7tCHF 757.7bCHF 77.0b18.9x22.3x2.3x
Tue, 23 May 2023CHF 1.8tCHF 786.0bCHF 82.6b19.1x21.5x2.3x
Thu, 20 Apr 2023CHF 1.8tCHF 775.8bCHF 69.1b19.6x25.6x2.3x
Sat, 18 Mar 2023CHF 1.7tCHF 783.9bCHF 70.0b19.2x23.6x2.1x
Mon, 13 Feb 2023CHF 1.7tCHF 783.1bCHF 77.8b18.4x22.2x2.2x
Wed, 11 Jan 2023CHF 1.7tCHF 784.9bCHF 93.7b17.9x18.5x2.2x
Fri, 09 Dec 2022CHF 1.7tCHF 789.2bCHF 94.3b17.5x18x2.2x
Sun, 06 Nov 2022CHF 1.7tCHF 783.8bCHF 96.9b16.8x17.2x2.1x
Tue, 04 Oct 2022CHF 1.6tCHF 798.7bCHF 103.3b17.5x15.5x2x
Thu, 01 Sep 2022CHF 1.7tCHF 794.4bCHF 102.9b17.6x16.6x2.1x
Price to Earnings Ratio

16.6x


Total Market Cap: CHF 1.7tTotal Earnings: CHF 102.9bTotal Revenue: CHF 794.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Market Price to Earnings3Y Average 17.2x202320242025
Current Market PE
  • Investors are optimistic on the Swiss market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 20.8x which is higher than its 3-year average PE of 17.2x.
Past Earnings Growth
  • The earnings for Swiss listed companies have declined 4.4% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Swiss Market?

CH Market1.55%
Consumer Staples4.36%
Consumer Discretionary3.30%
Tech1.86%
Telecom1.71%
Healthcare1.27%
Materials1.24%
Financials0.95%
Industrials0.68%
Real Estate-0.88%
Utilities-2.66%
Sector PE
  • Investors favour the Tech sector the most for future growth which is trading above its 3-year average PE ratio.
    • Analysts expect its future annual earnings growth (24.1%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
  • The Financials sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 9.9x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 24% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 7.4% 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
NESN NestléCHF 75.364.4%
+CHF 8.1b		-16.0%PE18.8xConsumer Staples
ROG Roche HoldingCHF 261.502.1%
+CHF 4.7b		-8.2%PE23.6xHealthcare
NOVN NovartisCHF 101.961.7%
+CHF 3.4b		1.1%PE18xHealthcare
CFR Compagnie Financière RichemontCHF 136.153.3%
+CHF 2.6b		-0.7%PE22.6xConsumer Discretionary
SDZ Sandoz GroupCHF 50.224.0%
+CHF 831.3m		34.0%PE118.9xHealthcare
See more

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