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Swiss (SMI) Market Analysis & Valuation

UpdatedMar 16, 2025
DataAggregated Company Financials
Companies212
  • 7D-1.2%
  • 3M8.7%
  • 1Y8.0%
  • YTD9.0%

Over the last 7 days, the market has dropped 1.2%, driven by a decline of 2.7% in the Healthcare sector. In contrast to the last week, the market is actually up 8.0% over the past year. Looking forward, earnings are forecast to grow by 11% annually.

Trending IndustriesBiotech

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Mar 2025CHF 1.9tCHF 849.6bCHF 158.8b19.7x11.9x2.2x
Tue, 11 Feb 2025CHF 1.9tCHF 823.3bCHF 116.8b22x16.1x2.3x
Thu, 09 Jan 2025CHF 1.8tCHF 818.5bCHF 117.8b21x15.1x2.2x
Sat, 07 Dec 2024CHF 1.8tCHF 808.1bCHF 116.8b20.9x15.1x2.2x
Mon, 04 Nov 2024CHF 1.8tCHF 810.6bCHF 117.6b20.5x15.2x2.2x
Wed, 02 Oct 2024CHF 1.8tCHF 800.7bCHF 113.7b21.5x15.9x2.3x
Fri, 30 Aug 2024CHF 1.8tCHF 800.3bCHF 113.7b21.7x16.3x2.3x
Sun, 28 Jul 2024CHF 1.8tCHF 795.1bCHF 124.6b21.6x14.7x2.3x
Tue, 25 Jun 2024CHF 1.8tCHF 799.9bCHF 125.5b21.6x14.5x2.3x
Thu, 23 May 2024CHF 1.8tCHF 804.7bCHF 126.8b21.7x14.2x2.2x
Sat, 20 Apr 2024CHF 1.7tCHF 767.9bCHF 96.9b20.8x17.7x2.2x
Mon, 18 Mar 2024CHF 1.8tCHF 766.4bCHF 97.8b21.1x18x2.3x
Wed, 14 Feb 2024CHF 1.7tCHF 770.2bCHF 109.8b19.4x15.4x2.2x
Fri, 12 Jan 2024CHF 1.7tCHF 761.8bCHF 109.6b18.1x15.3x2.2x
Sun, 10 Dec 2023CHF 1.7tCHF 769.6bCHF 111.0b18.5x15x2.2x
Tue, 07 Nov 2023CHF 1.6tCHF 770.7bCHF 112.7b17.8x14.1x2.1x
Thu, 05 Oct 2023CHF 1.6tCHF 756.8bCHF 100.5b18x16.3x2.2x
Sat, 02 Sep 2023CHF 1.7tCHF 747.5bCHF 98.6b19.1x17x2.2x
Mon, 31 Jul 2023CHF 1.7tCHF 740.8bCHF 77.3b18.3x22.2x2.3x
Wed, 28 Jun 2023CHF 1.6tCHF 727.1bCHF 71.1b18.5x23.2x2.3x
Fri, 26 May 2023CHF 1.7tCHF 787.7bCHF 82.7b18.8x21x2.2x
Sun, 23 Apr 2023CHF 1.8tCHF 774.3bCHF 69.1b19.4x25.8x2.3x
Tue, 21 Mar 2023CHF 1.7tCHF 783.6bCHF 70.0b19.5x23.9x2.1x
Thu, 16 Feb 2023CHF 1.7tCHF 777.4bCHF 76.9b18.4x22.7x2.2x
Sat, 14 Jan 2023CHF 1.7tCHF 787.2bCHF 93.9b17.6x18.6x2.2x
Mon, 12 Dec 2022CHF 1.7tCHF 788.2bCHF 94.1b17.6x18.2x2.2x
Wed, 09 Nov 2022CHF 1.7tCHF 799.3bCHF 96.4b17x17.3x2.1x
Fri, 07 Oct 2022CHF 1.6tCHF 797.7bCHF 103.1b17.3x15.7x2x
Sun, 04 Sep 2022CHF 1.7tCHF 796.4bCHF 103.2b17.6x16.6x2.1x
Tue, 02 Aug 2022CHF 1.8tCHF 808.4bCHF 102.1b17.6x17.3x2.2x
Thu, 30 Jun 2022CHF 1.7tCHF 799.5bCHF 105.2b17.2x16.1x2.1x
Sat, 28 May 2022CHF 1.8tCHF 801.9bCHF 105.2b18x17.3x2.3x
Mon, 25 Apr 2022CHF 1.9tCHF 819.4bCHF 131.1b17.9x14.7x2.4x
Wed, 23 Mar 2022CHF 1.9tCHF 809.1bCHF 129.6b18.8x15x2.4x
Price to Earnings Ratio

15x


Total Market Cap: CHF 1.9tTotal Earnings: CHF 129.6bTotal Revenue: CHF 809.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Market Price to Earnings3Y Average 17.3x202320242025
Current Market PE
  • Investors are pessimistic on the Swiss market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 11.9x which is lower than its 3-year average PE of 17.3x.
Past Earnings Growth
  • The earnings for Swiss listed companies have grown 7.0% 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-1.25%
Telecom1.56%
Real Estate0.70%
Consumer Discretionary0.65%
Industrials-0.46%
Financials-0.47%
Consumer Staples-0.76%
Materials-1.13%
Tech-2.46%
Healthcare-2.73%
Utilities-3.18%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 23.9x.
    • Analysts are expecting annual earnings growth of 15.2%, which is lower than the prior year's growth of 18.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 20% over the next 5 years.
  • However this is lower than its past earnings growth rate of 35% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 3.0% 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
CFR Compagnie Financière RichemontCHF 166.751.2%
+CHF 1.1b		14.4%PE30.1xConsumer Discretionary
ZURN Zurich Insurance GroupCHF 602.401.3%
+CHF 1.1b		23.8%PE16.7xFinancials
SREN Swiss ReCHF 147.351.4%
+CHF 961.9m		29.5%PE15.4xFinancials
SCMN SwisscomCHF 529.501.9%
+CHF 518.0m		0.2%PE17.8xTelecom
SENS Sensirion HoldingCHF 78.0037.1%
+CHF 328.4m		22.4%PS4.4xTech
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The market’s latest pullback is getting pinned on the escalating trade war. Tariffs are dominating the headlines, right alongside sinking GDP forecasts. But beneath the surface, there’s a growing unease about valuations and earnings. So this week, we’re diving into that side of the story, how valuations and earnings fit into the bigger picture of tariffs, growth, inflation, and interest rates. Sure, we’re mostly talking about the U.S. market here, but trust us, this matters everywhere.
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