Returns On Capital Are Showing Encouraging Signs At Apollo Hospitals Enterprise (NSE:APOLLOHOSP)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Has the Indian Healthcare Services Industry valuation changed over the past few years?
|Sun, 28 Nov 2021||₹2.4t||₹466.0b||₹42.8b||29.2x|
|Tue, 26 Oct 2021||₹2.0t||₹435.3b||₹34.4b||36x|
|Thu, 23 Sep 2021||₹2.3t||₹435.3b||₹34.4b||36.1x|
|Sat, 21 Aug 2021||₹2.2t||₹431.1b||₹33.5b||34.2x|
|Sat, 05 Jun 2021||₹1.5t||₹355.9b||₹5.6b||49.6x|
|Tue, 09 Mar 2021||₹1.3t||₹353.4b||₹4.0b||44.1x|
|Mon, 30 Nov 2020||₹1.1t||₹348.6b||₹712.9m||53.3x|
|Thu, 03 Sep 2020||₹910.0b||₹345.8b||₹1.5b||41.1x|
|Sun, 07 Jun 2020||₹653.6b||₹350.1b||₹14.5b||21.9x|
|Sat, 29 Feb 2020||₹832.4b||₹346.7b||₹16.9b||19.1x|
|Tue, 03 Dec 2019||₹737.3b||₹332.2b||₹14.8b||24.8x|
|Fri, 06 Sep 2019||₹650.1b||₹321.5b||₹11.1b||27.7x|
|Mon, 10 Jun 2019||₹618.6b||₹311.2b||₹8.5b||29.5x|
|Sun, 03 Mar 2019||₹562.3b||₹282.3b||-₹5,698,563,410.00||29.1x|
|Wed, 05 Dec 2018||₹582.4b||₹276.0b||-₹3,581,223,306.00||31.2x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 33.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: Total earnings for the Healthcare industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 19% per year. This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Which industries have driven the changes within the Indian Healthcare Services industry?
Industry PE: Investors are most optimistic about the Healthcare Distributors industry which is trading above its 3-year average PE ratio of 41.3x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Healthcare Services industry, which is trading below its 3-year average of 37.5x.
Forecasted Growth: Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 21% over the next 5 years. However this is lower than its past earnings growth rate of 147% per year. Meanwhile, the Healthcare Services industry is expected to see its earnings grow by 7.7% per year over the next few years.
Which companies have driven the market over the last 7 days?
Kovai Medical Center and Hospital
Apollo Hospitals Enterprise
Dr. Agarwal's Eye Hospital
Max Healthcare Institute
HealthCare Global Enterprises
Dr. Lal PathLabs
Aster DM Healthcare