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Swiss (SMI) Market Analysis & Valuation

UpdatedAug 27, 2026
DataAggregated Company Financials
Companies205
  • 7D1.0%
  • 3M6.5%
  • 1Y16.4%
  • YTD8.7%

The market has climbed 1.0% in the last 7 days, lead by the Financials sector with a gain of 1.9%. The market is up 16% over the last 12 months. As for the next few years, earnings are expected to grow by 12% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 27 Aug 2026CHF 2.2tCHF 789.4bCHF 104.2b20x20.6x2.7x
Sat, 25 Jul 2026CHF 2.1tCHF 787.0bCHF 103.2b20.3x20.5x2.7x
Mon, 22 Jun 2026CHF 2.0tCHF 780.6bCHF 104.7b20.1x19.5x2.6x
Wed, 20 May 2026CHF 2.0tCHF 774.0bCHF 104.2b20.9x19.2x2.6x
Fri, 17 Apr 2026CHF 2.0tCHF 778.3bCHF 109.4b21.1x18.1x2.5x
Sun, 15 Mar 2026CHF 1.9tCHF 779.7bCHF 109.5b19.8x17.5x2.5x
Tue, 10 Feb 2026CHF 2.0tCHF 787.4bCHF 117.4b21x17.2x2.6x
Thu, 08 Jan 2026CHF 2.0tCHF 798.2bCHF 115.0b20.3x17.5x2.5x
Sat, 06 Dec 2025CHF 1.9tCHF 807.3bCHF 115.2b19.3x16.9x2.4x
Mon, 03 Nov 2025CHF 1.9tCHF 800.7bCHF 114.3b19.3x16.3x2.3x
Wed, 01 Oct 2025CHF 1.8tCHF 774.3bCHF 90.4b19.5x20.3x2.4x
Fri, 29 Aug 2025CHF 1.9tCHF 775.8bCHF 90.0b20x20.7x2.4x
Sun, 27 Jul 2025CHF 1.8tCHF 792.3bCHF 108.2b20.5x17x2.3x
Tue, 24 Jun 2025CHF 1.8tCHF 780.1bCHF 106.3b19.9x16.8x2.3x
Thu, 22 May 2025CHF 1.8tCHF 786.4bCHF 106.5b20.2x17.3x2.3x
Sat, 19 Apr 2025CHF 1.7tCHF 832.5bCHF 156.8b18.6x10.9x2.1x
Mon, 17 Mar 2025CHF 1.9tCHF 849.6bCHF 158.8b19.7x11.9x2.2x
Wed, 12 Feb 2025CHF 1.9tCHF 824.5bCHF 116.9b22.2x16.1x2.3x
Fri, 10 Jan 2025CHF 1.8tCHF 819.0bCHF 117.9b20.9x15.1x2.2x
Sun, 08 Dec 2024CHF 1.8tCHF 808.5bCHF 116.8b20.9x15.1x2.2x
Tue, 05 Nov 2024CHF 1.8tCHF 808.5bCHF 117.4b20.5x15.1x2.2x
Thu, 03 Oct 2024CHF 1.8tCHF 800.7bCHF 113.7b21.5x15.9x2.3x
Sat, 31 Aug 2024CHF 1.9tCHF 801.3bCHF 113.7b21.8x16.3x2.3x
Mon, 29 Jul 2024CHF 1.8tCHF 795.1bCHF 124.5b21.7x14.7x2.3x
Wed, 26 Jun 2024CHF 1.8tCHF 800.0bCHF 125.5b21.2x14.4x2.3x
Fri, 24 May 2024CHF 1.8tCHF 808.2bCHF 126.7b21.8x14.3x2.2x
Sun, 21 Apr 2024CHF 1.7tCHF 767.2bCHF 96.8b21.2x17.8x2.2x
Tue, 19 Mar 2024CHF 1.8tCHF 768.0bCHF 98.1b20.9x17.9x2.3x
Thu, 15 Feb 2024CHF 1.7tCHF 769.8bCHF 109.8b19.4x15.5x2.2x
Sat, 13 Jan 2024CHF 1.7tCHF 761.7bCHF 109.5b18.3x15.4x2.2x
Mon, 11 Dec 2023CHF 1.7tCHF 769.6bCHF 111.0b18.5x15x2.2x
Wed, 08 Nov 2023CHF 1.6tCHF 772.5bCHF 114.2b17.6x13.9x2.1x
Fri, 06 Oct 2023CHF 1.6tCHF 756.3bCHF 100.4b18x16.1x2.1x
Sun, 03 Sep 2023CHF 1.7tCHF 747.5bCHF 98.7b18.8x17x2.2x
Price to Earnings Ratio

17x


Total Market Cap: CHF 1.7tTotal Earnings: CHF 98.7bTotal Revenue: CHF 747.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Market Price to Earnings3Y Average 16.6x202420252026
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 20.6x which is higher than its 3-year average PE of 16.6x.
Past Earnings Growth
  • Both revenue and earnings for Swiss listed companies have remained mostly flat over the last three years.
  • This means sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Sector Trends

Which sectors have driven the changes within the Swiss Market?

CH Market1.01%
Materials3.82%
Consumer Discretionary2.70%
Financials1.87%
Telecom1.57%
Tech1.33%
Industrials1.14%
Real Estate1.11%
Consumer Staples0.49%
Healthcare-0.23%
Utilities-1.10%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 28.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 20.9%, which is higher than its past year's earnings growth of 5.7% 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 7.0x.
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 growth rate of 5.7% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 4.4% 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
CFR Compagnie Financière RichemontCHF 191.054.4%
+CHF 4.8b		35.3%PE34.6xConsumer Discretionary
UBSG UBS GroupCHF 43.902.4%
+CHF 3.1b		35.7%PE17.5xFinancials
HOLN HolcimCHF 73.806.3%
+CHF 2.4b		11.0%PE103.9xMaterials
ZURN Zurich Insurance GroupCHF 597.801.9%
+CHF 1.6b		2.9%PE15.4xFinancials
SIKA SikaCHF 193.104.3%
+CHF 1.3b		3.4%PE29.7xMaterials
See more

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