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Swiss (SMI) Market Analysis & Valuation

UpdatedJun 18, 2026
DataAggregated Company Financials
Companies204
  • 7D2.5%
  • 3M9.8%
  • 1Y12.6%
  • YTD4.2%

In the last week, the market is up 2.5% led by Financials sector. In the last year, the market has climbed 13%. 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
Thu, 18 Jun 2026CHF 2.1tCHF 778.2bCHF 104.4b20.4x19.6x2.6x
Sat, 16 May 2026CHF 2.0tCHF 773.8bCHF 103.3b20.5x19.2x2.6x
Mon, 13 Apr 2026CHF 2.0tCHF 780.2bCHF 109.5b20.9x18.1x2.5x
Wed, 11 Mar 2026CHF 2.0tCHF 775.5bCHF 108.8b20x18x2.5x
Fri, 06 Feb 2026CHF 2.0tCHF 790.5bCHF 117.7b20.8x17.1x2.5x
Sun, 04 Jan 2026CHF 2.0tCHF 796.7bCHF 114.8b20.3x17.3x2.5x
Tue, 02 Dec 2025CHF 1.9tCHF 806.6bCHF 115.1b19.4x16.8x2.4x
Thu, 30 Oct 2025CHF 1.9tCHF 776.4bCHF 91.0b19.4x20.6x2.4x
Sat, 27 Sep 2025CHF 1.8tCHF 774.4bCHF 90.3b19x20.1x2.3x
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
Price to Earnings Ratio

22.3x


Total Market Cap: CHF 1.7tTotal Earnings: CHF 77.0bTotal Revenue: CHF 757.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Market Price to Earnings3Y Average 16.8x202420252026
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 19.6x which is higher than its 3-year average PE of 16.8x.
Past Earnings Growth
  • The earnings for Swiss listed companies have grown 11% 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 Market2.53%
Consumer Discretionary7.37%
Materials5.58%
Industrials4.93%
Financials3.21%
Healthcare1.36%
Real Estate0.90%
Tech0.43%
Utilities-0.86%
Consumer Staples-0.95%
Telecom-3.81%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 28.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 21.0% which is higher than its past year's earnings decline of 14.4% 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 7.1x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 7.0% 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
ABBN ABBCHF 85.387.3%
+CHF 10.5b		80.1%PE39.8xIndustrials
CFR Compagnie Financière RichemontCHF 181.907.6%
+CHF 7.6b		20.5%PE33.6xConsumer Discretionary
UBSG UBS GroupCHF 40.005.9%
+CHF 6.7b		58.7%PE16.7xFinancials
NOVN NovartisCHF 121.001.6%
+CHF 3.6b		27.4%PE20.4xHealthcare
HOLN HolcimCHF 77.528.1%
+CHF 3.2b		-17.0%PE110.2xMaterials
See more

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