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Swiss (SMI) Market Analysis & Valuation

UpdatedJun 26, 2026
DataAggregated Company Financials
Companies204
  • 7D2.8%
  • 3M11.9%
  • 1Y17.6%
  • YTD6.8%

Over the last 7 days, the market has risen 2.8%, driven by gains of 5.7% in the Healthcare sector. In contrast, the Information Technology sector is lagging, dropping 3.1%. The market is up 18% over the last 12 months. 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
Fri, 26 Jun 2026CHF 2.1tCHF 781.1bCHF 104.8b20.5x20.1x2.7x
Sun, 24 May 2026CHF 2.0tCHF 772.8bCHF 103.7b20.7x19.4x2.6x
Tue, 21 Apr 2026CHF 2.0tCHF 776.1bCHF 109.2b21.2x18.3x2.6x
Thu, 19 Mar 2026CHF 1.9tCHF 780.6bCHF 109.6b20.6x17.5x2.5x
Sat, 14 Feb 2026CHF 2.0tCHF 788.5bCHF 117.6b20.6x17.3x2.6x
Mon, 12 Jan 2026CHF 2.0tCHF 799.5bCHF 115.2b20.5x17.6x2.5x
Wed, 10 Dec 2025CHF 1.9tCHF 801.6bCHF 114.8b19.5x16.9x2.4x
Fri, 07 Nov 2025CHF 1.9tCHF 803.2bCHF 114.5b19x16.2x2.3x
Sun, 05 Oct 2025CHF 1.9tCHF 774.1bCHF 90.3b19.6x20.9x2.4x
Tue, 02 Sep 2025CHF 1.9tCHF 775.6bCHF 90.1b20.2x20.6x2.4x
Thu, 31 Jul 2025CHF 1.8tCHF 797.7bCHF 108.9b20.4x16.8x2.3x
Sat, 28 Jun 2025CHF 1.8tCHF 785.8bCHF 106.8b20.3x16.9x2.3x
Mon, 26 May 2025CHF 1.8tCHF 785.0bCHF 106.4b20.1x17.1x2.3x
Wed, 23 Apr 2025CHF 1.7tCHF 833.2bCHF 156.9b18.5x10.9x2.1x
Fri, 21 Mar 2025CHF 1.9tCHF 850.1bCHF 158.7b20.2x12.1x2.3x
Sun, 16 Feb 2025CHF 1.9tCHF 820.3bCHF 116.1b22.2x16.4x2.3x
Tue, 14 Jan 2025CHF 1.8tCHF 820.8bCHF 118.1b20.8x14.8x2.1x
Thu, 12 Dec 2024CHF 1.7tCHF 809.7bCHF 117.0b20.8x15x2.2x
Sat, 09 Nov 2024CHF 1.8tCHF 812.9bCHF 117.6b19.8x15x2.2x
Mon, 07 Oct 2024CHF 1.8tCHF 804.5bCHF 114.1b21.3x15.8x2.2x
Wed, 04 Sep 2024CHF 1.8tCHF 802.1bCHF 113.9b21.8x16.2x2.3x
Fri, 02 Aug 2024CHF 1.8tCHF 793.6bCHF 125.6b22x14.7x2.3x
Sun, 30 Jun 2024CHF 1.8tCHF 801.3bCHF 125.7b21.1x14.3x2.2x
Tue, 28 May 2024CHF 1.8tCHF 808.0bCHF 126.6b22x14.3x2.2x
Thu, 25 Apr 2024CHF 1.7tCHF 771.6bCHF 97.3b21.5x17.7x2.2x
Sat, 23 Mar 2024CHF 1.8tCHF 766.4bCHF 98.2b21.2x18.1x2.3x
Mon, 19 Feb 2024CHF 1.7tCHF 769.0bCHF 109.6b19.6x15.7x2.2x
Wed, 17 Jan 2024CHF 1.7tCHF 764.2bCHF 110.0b18.1x15.3x2.2x
Fri, 15 Dec 2023CHF 1.7tCHF 766.0bCHF 110.2b18.9x15.3x2.2x
Sun, 12 Nov 2023CHF 1.6tCHF 776.5bCHF 112.2b17.5x14.2x2.1x
Tue, 10 Oct 2023CHF 1.6tCHF 762.9bCHF 100.5b18.2x16.1x2.1x
Thu, 07 Sep 2023CHF 1.7tCHF 749.5bCHF 99.3b18.3x16.7x2.2x
Sat, 05 Aug 2023CHF 1.7tCHF 741.3bCHF 76.2b18.5x22.1x2.3x
Mon, 03 Jul 2023CHF 1.7tCHF 757.2bCHF 76.9b19.5x22.4x2.3x
Price to Earnings Ratio

22.4x


Total Market Cap: CHF 1.7tTotal Earnings: CHF 76.9bTotal Revenue: CHF 757.2bTotal 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 20.1x 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 Market2.77%
Healthcare5.71%
Consumer Staples5.57%
Materials1.40%
Consumer Discretionary0.67%
Financials0.65%
Telecom0.57%
Real Estate0.47%
Industrials0.20%
Utilities-0.31%
Tech-3.14%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 25.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 15.7% which is higher than its past year's earnings decline of 6.1% 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 7.1% 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
NOVN NovartisCHF 126.286.7%
+CHF 14.6b		31.3%PE21.1xHealthcare
ROP Roche HoldingCHF 336.005.1%
+CHF 12.9b		28.4%PE20.8xHealthcare
NESN NestléCHF 83.295.7%
+CHF 11.6b		5.0%PE23.7xConsumer Staples
LONN Lonza GroupCHF 534.607.2%
+CHF 2.5b		-5.6%PE41.1xHealthcare
ZURN Zurich Insurance GroupCHF 589.002.2%
+CHF 1.9b		6.1%PE16xFinancials
See more

Market Insights

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