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Indian (NIFTY) Healthcare Services Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies52
  • 7D2.8%
  • 3M9.7%
  • 1Y-8.6%
  • YTD-8.2%

The Healthcare Services industry is up 2.8% in the last week, with Apollo Hospitals Enterprise up 8.9%. In the same time, Krishna Institute of Medical Sciences was down 5.1%. In the past year, the industry is down 8.6%. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

Has the Indian Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022₹2.4t₹565.3b₹49.3b35.8x49x4.3x
Wed, 26 Oct 2022₹2.2t₹524.8b₹45.0b28.2x49.5x4.2x
Fri, 23 Sep 2022₹2.2t₹525.0b₹44.9b28.9x49.2x4.2x
Sun, 21 Aug 2022₹2.1t₹524.4b₹44.9b25.8x46.1x3.9x
Tue, 19 Jul 2022₹1.9t₹517.7b₹48.9b25x39.6x3.7x
Thu, 16 Jun 2022₹1.9t₹517.7b₹48.9b26.4x37.9x3.6x
Sat, 14 May 2022₹1.9t₹499.4b₹45.9b23.9x41.5x3.8x
Mon, 11 Apr 2022₹2.2t₹490.5b₹45.1b28.3x48.1x4.4x
Wed, 09 Mar 2022₹2.0t₹490.4b₹45.1b24.4x44.7x4.1x
Fri, 04 Feb 2022₹2.2t₹467.0b₹41.4b32.5x52.8x4.7x
Sun, 02 Jan 2022₹2.5t₹466.0b₹42.8b31.1x57.3x5.3x
Tue, 30 Nov 2021₹2.4t₹466.0b₹42.8b28.9x57.1x5.2x
Thu, 28 Oct 2021₹2.1t₹436.0b₹34.3b36x61.5x4.8x
Sat, 25 Sep 2021₹2.3t₹435.3b₹34.4b36.1x66.7x5.3x
Mon, 23 Aug 2021₹2.2t₹431.1b₹33.5b34.4x64.3x5x
Sat, 10 Jul 2021₹1.8t₹427.1b₹31.6b32.5x56.4x4.2x
Fri, 02 Apr 2021₹1.4t₹355.9b₹5.6b39.1x247.4x3.9x
Mon, 04 Jan 2021₹1.2t₹353.4b₹4.0b46.2x293.7x3.3x
Thu, 08 Oct 2020₹1.0t₹350.1b₹695.3m39x1449x2.9x
Wed, 01 Jul 2020₹704.0b₹344.1b₹2.2b40.1x321.3x2x
Sat, 04 Apr 2020₹605.6b₹350.1b₹14.5b17.5x41.8x1.7x
Tue, 07 Jan 2020₹729.5b₹340.0b₹16.7b21.1x43.6x2.1x
Price to Earnings Ratio

49.8x


Total Market Cap: ₹737.3bTotal Earnings: ₹14.8bTotal Revenue: ₹332.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Healthcare Services Industry Price to Earnings3Y Average 243x202020212022
Current Industry PE
  • Investors are pessimistic on the Indian 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 49.0x which is lower than its 3-year average PE of 243x.
  • The 3-year average PS ratio of 3.6x is lower than the industry's current PS ratio of 4.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 49% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Indian Healthcare industry?

IN Market0.87%
Healthcare0.86%
Healthcare Services2.84%
Healthcare Facilities3.32%
Healthcare Services0.44%
Managed Healthcare0%
Healthcare Distributors-0.52%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry, which is trading close to its 3-year average PE ratio of 57.6x.
    • Analysts are expecting annual earnings growth of 21.3%, which is higher than its past year's earnings decline of 38.6% per year.
  • Investors are most pessimistic about the Healthcare Distributors industry, which is trading below its 3-year average of 27.5x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 39% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 21% 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
APOLLOHOSP Apollo Hospitals Enterprise₹4.79k8.9%
+₹56.1b
-15.8%PE82x
MEDANTA Global Health₹451.809.1%
+₹10.1b
n/aPE56.8x
ASTERDM Aster DM Healthcare₹232.054.7%
+₹5.1b
13.0%PE23.6x
543220 Max Healthcare Institute₹431.351.1%
+₹4.4b
16.1%PE44.3x
539524 Dr. Lal PathLabs₹2.41k1.2%
+₹2.3b
-33.9%PE81.1x
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539524

₹2,414.50

Dr. Lal PathLabs

7D

1.2%

1Y

-33.9%

540797

₹143.30

Shalby

7D

-1.6%

1Y

-2.4%

539871

₹614.95

Thyrocare Technologies

7D

-0.9%

1Y

-44.0%

532843

₹287.10

Fortis Healthcare

7D

0.3%

1Y

1.0%

MEDANTA

₹451.80

Global Health

7D

9.1%

1Y

n/a

ASTERDM

₹232.05

Aster DM Healthcare

7D

4.7%

1Y

13.0%

RAINBOW

₹795.20

Rainbow Children's Medicare

7D

-5.2%

1Y

n/a

VIJAYA

₹451.20

Vijaya Diagnostic Centre

7D

-1.8%

1Y

-22.9%

APOLLOHOSP

₹4,789.45

Apollo Hospitals Enterprise

7D

8.9%

1Y

-15.8%

543328

₹484.30

Krsnaa Diagnostics

7D

2.9%

1Y

-31.9%

543308

₹1,473.20

Krishna Institute of Medical Sciences

7D

-5.1%

1Y

19.0%

543220

₹431.35

Max Healthcare Institute

7D

1.1%

1Y

16.1%

540695

₹76.65

Dhruv Wellness

7D

-18.4%

1Y

-14.4%

539787

₹307.20

HealthCare Global Enterprises

7D

-2.2%

1Y

22.6%

542919

₹76.25

Artemis Medicare Services

7D

5.7%

1Y

120.7%