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Swiss (SMI) Market Analysis & Valuation

UpdatedAug 22, 2025
DataAggregated Company Financials
Companies207
  • 7D1.7%
  • 3M0.4%
  • 1Y-0.1%
  • YTD4.8%

The market has climbed 1.7% in the last 7 days, lead by the Healthcare sector with a gain of 3.3%. In the last 12 months, the market has been flat. 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
Fri, 22 Aug 2025CHF 1.9tCHF 778.0bCHF 90.4b20.8x20.7x2.4x
Sun, 20 Jul 2025CHF 1.8tCHF 787.6bCHF 107.5b20.4x17x2.3x
Tue, 17 Jun 2025CHF 1.8tCHF 781.1bCHF 106.4b20.1x17.1x2.3x
Thu, 15 May 2025CHF 1.8tCHF 791.4bCHF 106.6b20.1x17x2.3x
Sat, 12 Apr 2025CHF 1.7tCHF 832.0bCHF 156.7b18.2x10.6x2x
Mon, 10 Mar 2025CHF 1.9tCHF 848.9bCHF 158.3b19.8x12.1x2.3x
Wed, 05 Feb 2025CHF 1.9tCHF 822.0bCHF 116.5b21.7x16x2.3x
Fri, 03 Jan 2025CHF 1.7tCHF 817.2bCHF 117.7b21x14.8x2.1x
Sun, 01 Dec 2024CHF 1.8tCHF 809.2bCHF 116.9b20.4x15x2.2x
Tue, 29 Oct 2024CHF 1.8tCHF 803.6bCHF 115.2b21.2x15.9x2.3x
Thu, 26 Sep 2024CHF 1.8tCHF 799.2bCHF 114.8b21x15.8x2.3x
Sat, 24 Aug 2024CHF 1.8tCHF 799.3bCHF 113.8b22.2x16.2x2.3x
Mon, 22 Jul 2024CHF 1.8tCHF 798.7bCHF 125.8b21.3x14.5x2.3x
Wed, 19 Jun 2024CHF 1.8tCHF 796.3bCHF 125.0b21.7x14.5x2.3x
Fri, 17 May 2024CHF 1.8tCHF 802.2bCHF 126.0b21.7x14.3x2.2x
Sun, 14 Apr 2024CHF 1.7tCHF 768.7bCHF 97.1b21.6x17.9x2.3x
Tue, 12 Mar 2024CHF 1.8tCHF 775.6bCHF 99.0b20.4x17.7x2.3x
Thu, 08 Feb 2024CHF 1.7tCHF 766.3bCHF 109.2b19.2x15.6x2.2x
Sat, 06 Jan 2024CHF 1.7tCHF 760.5bCHF 109.3b18.2x15.4x2.2x
Mon, 04 Dec 2023CHF 1.6tCHF 766.9bCHF 110.5b18.6x14.9x2.1x
Wed, 01 Nov 2023CHF 1.6tCHF 761.7bCHF 101.4b17.9x15.4x2.1x
Fri, 29 Sep 2023CHF 1.6tCHF 756.5bCHF 100.4b18.3x16.3x2.2x
Sun, 27 Aug 2023CHF 1.7tCHF 746.9bCHF 74.9b18.9x22.1x2.2x
Tue, 25 Jul 2023CHF 1.7tCHF 752.5bCHF 77.4b18.3x22.1x2.3x
Thu, 22 Jun 2023CHF 1.7tCHF 758.1bCHF 77.0b18.9x22.2x2.3x
Sat, 20 May 2023CHF 1.8tCHF 785.9bCHF 82.6b19.3x21.5x2.3x
Mon, 17 Apr 2023CHF 1.8tCHF 776.7bCHF 69.0b19.4x25.6x2.3x
Wed, 15 Mar 2023CHF 1.7tCHF 779.7bCHF 68.9b19.9x24.2x2.1x
Fri, 10 Feb 2023CHF 1.7tCHF 783.3bCHF 77.2b18.6x22.7x2.2x
Sun, 08 Jan 2023CHF 1.7tCHF 785.8bCHF 93.9b17.9x18.4x2.2x
Tue, 06 Dec 2022CHF 1.8tCHF 790.6bCHF 94.5b17.9x19.2x2.3x
Thu, 03 Nov 2022CHF 1.7tCHF 800.3bCHF 97.2b16.8x17.2x2.1x
Sat, 01 Oct 2022CHF 1.6tCHF 795.4bCHF 102.8b17.2x15.6x2x
Mon, 29 Aug 2022CHF 1.7tCHF 794.4bCHF 102.6b17.5x16.8x2.2x
Price to Earnings Ratio

16.8x


Total Market Cap: CHF 1.7tTotal Earnings: CHF 102.6bTotal 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 20.7x which is higher than its 3-year average PE of 17.2x.
Past Earnings Growth
  • The earnings for Swiss listed companies have declined 4.1% 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 Market1.67%
Consumer Staples4.95%
Healthcare3.34%
Telecom1.91%
Consumer Discretionary1.00%
Financials0.75%
Real Estate0.26%
Tech-0.20%
Materials-0.38%
Industrials-1.33%
Utilities-5.01%
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 (25.3%) 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 25% 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 7.5% 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
ROG Roche HoldingCHF 262.505.0%
+CHF 10.5b		-7.2%PE23.7xHealthcare
NESN NestléCHF 75.875.3%
+CHF 9.8b		-15.2%PE18.9xConsumer Staples
NOVN NovartisCHF 102.864.4%
+CHF 8.3b		2.5%PE18xHealthcare
GALD Galderma GroupCHF 136.504.2%
+CHF 1.3b		62.9%PE106xHealthcare
LONN Lonza GroupCHF 567.002.8%
+CHF 1.1b		0.5%PE54.6xHealthcare
See more

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