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Spanish (IBEX) Healthcare Sector Analysis

UpdatedDec 16, 2025
DataAggregated Company Financials
Companies13
  • 7D1.2%
  • 3M-0.4%
  • 1Y17.0%
  • YTD17.8%

Over the last 7 days, the Healthcare industry has remained flat, although notably Laboratorios Farmaceuticos Rovi gained 3.4%. The past year has been better, since the industry has gained 16% in that time. As for the next few years, earnings are expected to grow by 27% per annum.

Sector Valuation and Performance

Has the Spanish Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Dec 2025€17.3b€11.3b€700.9m26.6x24.6x1.5x
Thu, 13 Nov 2025€16.6b€11.3b€699.4m25x23.8x1.5x
Sat, 11 Oct 2025€17.2b€11.1b€621.8m24.6x27.7x1.6x
Mon, 08 Sep 2025€17.5b€11.1b€610.7m25.7x28.6x1.6x
Wed, 06 Aug 2025€17.3b€11.1b€610.7m25.2x28.4x1.6x
Fri, 04 Jul 2025€16.1b€11.0b€507.5m21.4x31.7x1.5x
Sun, 01 Jun 2025€15.5b€10.9b€506.9m21.7x30.5x1.4x
Tue, 29 Apr 2025€13.9b€10.8b€452.0m20.6x30.8x1.3x
Thu, 27 Mar 2025€14.5b€10.8b€458.8m19.6x31.6x1.3x
Sat, 22 Feb 2025€14.9b€10.6b€392.5m17x37.9x1.4x
Mon, 20 Jan 2025€14.3b€10.6b€392.4m18.7x36.3x1.4x
Wed, 18 Dec 2024€14.7b€10.6b€392.5m19x37.4x1.4x
Fri, 15 Nov 2024€16.1b€10.5b€393.8m20.2x41x1.5x
Sun, 13 Oct 2024€15.3b€10.2b€394.8m15.3x38.7x1.5x
Tue, 10 Sep 2024€15.1b€10.2b€399.9m14.8x37.8x1.5x
Thu, 08 Aug 2024€14.4b€10.2b€396.0m14.8x36.4x1.4x
Sat, 06 Jul 2024€14.9b€10.0b€405.9m19.3x36.6x1.5x
Mon, 03 Jun 2024€15.5b€10.0b€396.3m20.1x39.1x1.5x
Wed, 01 May 2024€14.2b€10.0b€297.7m17.4x47.7x1.4x
Fri, 29 Mar 2024€13.7b€10.0b€289.0m20.9x47.5x1.4x
Sun, 25 Feb 2024€15.2b€10.0b€286.4m17.8x53.1x1.5x
Tue, 23 Jan 2024€13.5b€10.0b€332.5m17.6x40.6x1.4x
Thu, 21 Dec 2023€16.6b€10.0b€332.6m17.1x49.9x1.7x
Sat, 18 Nov 2023€14.9b€9.9b€340.5m17.4x43.9x1.5x
Mon, 16 Oct 2023€14.6b€9.8b€302.1m18.4x48.4x1.5x
Wed, 13 Sep 2023€15.6b€9.8b€311.0m19.4x50.2x1.6x
Fri, 11 Aug 2023€15.4b€9.8b€311.0m21.6x49.6x1.6x
Sun, 09 Jul 2023€13.7b€9.6b€364.6m18.9x37.5x1.4x
Tue, 06 Jun 2023€13.8b€9.6b€366.5m21.1x37.7x1.4x
Thu, 04 May 2023€12.1b€9.3b€567.0m17.1x21.3x1.3x
Sat, 01 Apr 2023€12.2b€9.1b€563.7m19x21.7x1.3x
Mon, 27 Feb 2023€14.8b€8.4b€448.4m13.1x33.1x1.8x
Wed, 25 Jan 2023€14.4b€8.4b€430.6m13.9x33.5x1.7x
Fri, 23 Dec 2022€13.7b€8.4b€430.5m14.3x31.8x1.6x
Price to Earnings Ratio

31.8x


Total Market Cap: €13.7bTotal Earnings: €430.5mTotal Revenue: €8.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Healthcare Sector Price to Earnings3Y Average 36.7x202320242025
Current Industry PE
  • Investors are pessimistic on the Spanish Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 24.5x which is lower than its 3-year average PE of 36.8x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 10% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Spanish Healthcare sector?

ES Market1.40%
Healthcare1.16%
Pharma2.98%
Biotech0.05%
Medical Equipment0%0
Life Sciences0%0
Healthcare Services-3.43%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 35.8x.
    • Analysts are expecting annual earnings growth of 99.9%, which is higher than its past year's earnings growth of 9.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 100% over the next 5 years.
  • This is better than its past earnings growth rate of 9.2% per year.
  • In contrast, the Pharma industry is expected to see its earnings grow by 24% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ROVI Laboratorios Farmaceuticos Rovi€62.904.5%
+€138.1m
-0.2%PE26.6x
FAE Faes Farma€4.903.8%
+€56.0m
39.0%PE14.5x
ALM Almirall€13.301.4%
+€38.7m
58.1%PE67.9x
GRF Grifols€10.870.4%
+€30.6m
11.9%PE19.8x
PHM Pharma Mar€75.950.1%
+€1.7m
-3.7%PE38.4x