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Swiss (SMI) Market Analysis & Valuation

UpdatedMay 02, 2026
DataAggregated Company Financials
Companies205
  • 7D-0.3%
  • 3M-0.4%
  • 1Y7.0%
  • YTD-0.3%

Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. As for the longer term, the market has risen 7.0% in the past 12 months. Looking forward, earnings are forecast to grow by 11% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 May 2026CHF 2.0tCHF 772.9bCHF 103.2b20.4x19.1x2.6x
Mon, 30 Mar 2026CHF 1.9tCHF 782.6bCHF 109.9b19.7x17.1x2.4x
Wed, 25 Feb 2026CHF 2.1tCHF 793.7bCHF 116.9b20.8x17.7x2.6x
Fri, 23 Jan 2026CHF 2.0tCHF 796.1bCHF 114.7b20.8x17.5x2.5x
Sun, 21 Dec 2025CHF 2.0tCHF 797.9bCHF 114.4b20.2x17.3x2.5x
Tue, 18 Nov 2025CHF 1.9tCHF 803.0bCHF 114.8b19.2x16.5x2.4x
Thu, 16 Oct 2025CHF 1.9tCHF 773.5bCHF 90.1b19.5x21x2.4x
Sat, 13 Sep 2025CHF 1.9tCHF 774.2bCHF 90.0b19.4x20.7x2.4x
Mon, 11 Aug 2025CHF 1.8tCHF 777.3bCHF 89.7b20.8x20.3x2.3x
Wed, 09 Jul 2025CHF 1.8tCHF 784.5bCHF 106.7b20.3x17x2.3x
Fri, 06 Jun 2025CHF 1.8tCHF 785.2bCHF 106.4b20.4x17.3x2.3x
Sun, 04 May 2025CHF 1.8tCHF 837.1bCHF 158.2b19.6x11.5x2.2x
Tue, 01 Apr 2025CHF 1.8tCHF 851.0bCHF 159.0b19.7x11.6x2.2x
Thu, 27 Feb 2025CHF 1.9tCHF 810.9bCHF 117.0b21.4x16.4x2.4x
Sat, 25 Jan 2025CHF 1.8tCHF 817.5bCHF 117.7b21.4x15.6x2.2x
Mon, 23 Dec 2024CHF 1.7tCHF 812.8bCHF 117.3b20.6x14.6x2.1x
Wed, 20 Nov 2024CHF 1.7tCHF 809.9bCHF 117.0b19.6x14.7x2.1x
Fri, 18 Oct 2024CHF 1.8tCHF 806.4bCHF 114.4b21.3x16x2.3x
Sun, 15 Sep 2024CHF 1.8tCHF 802.4bCHF 113.9b21x15.8x2.2x
Tue, 13 Aug 2024CHF 1.8tCHF 802.6bCHF 136.5b21.1x13.1x2.2x
Thu, 11 Jul 2024CHF 1.8tCHF 802.6bCHF 125.8b21.3x14.5x2.3x
Sat, 08 Jun 2024CHF 1.8tCHF 801.1bCHF 125.6b22x14.6x2.3x
Mon, 06 May 2024CHF 1.7tCHF 797.8bCHF 125.2b21.3x13.7x2.1x
Wed, 03 Apr 2024CHF 1.8tCHF 768.3bCHF 97.2b21.7x18.1x2.3x
Fri, 01 Mar 2024CHF 1.7tCHF 790.1bCHF 111.4b19.9x15.4x2.2x
Sun, 28 Jan 2024CHF 1.7tCHF 765.2bCHF 109.7b17.9x15.6x2.2x
Tue, 26 Dec 2023CHF 1.7tCHF 763.3bCHF 109.8b18.4x15.3x2.2x
Thu, 23 Nov 2023CHF 1.6tCHF 772.2bCHF 111.5b17.8x14.7x2.1x
Sat, 21 Oct 2023CHF 1.6tCHF 759.1bCHF 100.3b17.6x15.6x2.1x
Mon, 18 Sep 2023CHF 1.7tCHF 751.5bCHF 99.5b18.7x16.9x2.2x
Wed, 16 Aug 2023CHF 1.7tCHF 745.9bCHF 75.2b18.3x22.1x2.2x
Fri, 14 Jul 2023CHF 1.7tCHF 748.2bCHF 76.0b19.3x22.4x2.3x
Sun, 11 Jun 2023CHF 1.7tCHF 787.1bCHF 82.6b19.3x20.9x2.2x
Tue, 09 May 2023CHF 1.8tCHF 785.4bCHF 81.4b19.3x21.9x2.3x
Price to Earnings Ratio

21.9x


Total Market Cap: CHF 1.8tTotal Earnings: CHF 81.4bTotal Revenue: CHF 785.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Market Price to Earnings3Y Average 16.9x202420252026
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 19.1x which is higher than its 3-year average PE of 16.9x.
Past Earnings Growth
  • The earnings for Swiss listed companies have grown 8.2% per year over the last three years, while revenues have remained steady.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Sector Trends

Which sectors have driven the changes within the Swiss Market?

CH Market-0.28%
Tech1.44%
Financials0.85%
Healthcare0.056%
Industrials-0.29%
Telecom-0.63%
Materials-0.82%
Utilities-1.14%
Real Estate-1.22%
Consumer Discretionary-1.45%
Consumer Staples-2.14%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 29.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 20.3% which is higher than its past year's earnings decline of 30.9% per year.
  • 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 7.2x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings decline of 31% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 6.9% 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
UBSG UBS GroupCHF 34.506.0%
+CHF 6.5b		36.4%PE15xFinancials
NOVN NovartisCHF 115.901.9%
+CHF 4.2b		23.0%PE20.9xHealthcare
ABBN ABBCHF 78.440.7%
+CHF 964.4m		73.6%PE37.4xIndustrials
SIGN SIG GroupCHF 12.6714.9%
+CHF 626.6m		-21.7%PS1.6xMaterials
BAER Julius Bär GruppeCHF 64.103.6%
+CHF 455.1m		16.7%PE17.2xFinancials
See more

Market Insights

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