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Indian (NIFTY) Healthcare Services Industry Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies68
- 7D4.1%
- 3M16.6%
- 1Y36.0%
- YTD41.1%
The Healthcare Services industry is up 4.1% in the last week, with Max Healthcare Institute up 6.4%. In the last 12 months, the industry was up 36%. As for the next few years, earnings are expected to grow by 26% per annum.
Industry Valuation and Performance
Has the Indian Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | ₹3.5t | ₹703.0b | ₹55.3b | 39.3x | 63.3x | 5x |
| Tue, 31 Oct 2023 | ₹3.1t | ₹676.5b | ₹56.0b | 42.7x | 54.4x | 4.5x |
| Thu, 28 Sep 2023 | ₹3.1t | ₹675.3b | ₹55.7b | 43x | 55.4x | 4.6x |
| Sat, 26 Aug 2023 | ₹2.9t | ₹665.0b | ₹54.9b | 42.8x | 53x | 4.4x |
| Mon, 24 Jul 2023 | ₹2.9t | ₹633.1b | ₹54.1b | 39.5x | 54.4x | 4.7x |
| Wed, 21 Jun 2023 | ₹2.8t | ₹630.3b | ₹54.1b | 39.4x | 52.1x | 4.5x |
| Fri, 19 May 2023 | ₹2.5t | ₹605.8b | ₹51.2b | 33.8x | 48.4x | 4.1x |
| Sun, 16 Apr 2023 | ₹2.3t | ₹599.2b | ₹49.6b | 35x | 47.2x | 3.9x |
| Tue, 14 Mar 2023 | ₹2.3t | ₹590.3b | ₹50.4b | 35.8x | 45.4x | 3.9x |
| Thu, 09 Feb 2023 | ₹2.3t | ₹570.0b | ₹49.7b | 35.6x | 45.5x | 4x |
| Sat, 07 Jan 2023 | ₹2.3t | ₹566.6b | ₹49.4b | 37.7x | 46.9x | 4.1x |
| Mon, 05 Dec 2022 | ₹2.5t | ₹565.3b | ₹49.3b | 36.5x | 49.8x | 4.3x |
| Wed, 02 Nov 2022 | ₹2.3t | ₹524.8b | ₹45.0b | 27.4x | 51.2x | 4.4x |
| Fri, 30 Sep 2022 | ₹2.2t | ₹525.0b | ₹44.9b | 28.6x | 48.6x | 4.2x |
| Sun, 28 Aug 2022 | ₹2.1t | ₹524.3b | ₹44.9b | 25.9x | 46.5x | 4x |
| Tue, 26 Jul 2022 | ₹2.0t | ₹517.5b | ₹48.8b | 24.6x | 40.9x | 3.9x |
| Thu, 23 Jun 2022 | ₹1.8t | ₹517.7b | ₹48.9b | 25.7x | 37.8x | 3.6x |
| Sat, 21 May 2022 | ₹1.9t | ₹500.1b | ₹45.7b | 27.3x | 41.6x | 3.8x |
| Mon, 18 Apr 2022 | ₹2.2t | ₹490.5b | ₹45.1b | 27.2x | 48.4x | 4.4x |
| Wed, 16 Mar 2022 | ₹2.1t | ₹490.4b | ₹45.1b | 24.4x | 46x | 4.2x |
| Fri, 11 Feb 2022 | ₹2.2t | ₹474.2b | ₹42.6b | 28.8x | 50.8x | 4.6x |
| Sun, 09 Jan 2022 | ₹2.4t | ₹466.0b | ₹42.8b | 30x | 56x | 5.1x |
| Tue, 07 Dec 2021 | ₹2.4t | ₹466.0b | ₹42.8b | 28.7x | 55.2x | 5.1x |
| Thu, 04 Nov 2021 | ₹2.2t | ₹437.3b | ₹34.5b | 35.9x | 62.6x | 4.9x |
| Sat, 02 Oct 2021 | ₹2.2t | ₹435.3b | ₹34.4b | 34.7x | 63.9x | 5x |
| Mon, 30 Aug 2021 | ₹2.2t | ₹431.1b | ₹33.5b | 36.2x | 66.8x | 5.2x |
| Tue, 06 Jul 2021 | ₹1.8t | ₹427.1b | ₹31.6b | 32.5x | 56.4x | 4.2x |
| Fri, 09 Apr 2021 | ₹1.4t | ₹355.9b | ₹5.6b | 39.1x | 247.4x | 3.9x |
| Thu, 31 Dec 2020 | ₹1.2t | ₹353.4b | ₹4.0b | 46.2x | 293.7x | 3.3x |
Price to Earnings Ratio
1607x
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 63.3x which is lower than its 3-year average PE of 91.0x.
- The 3-year average PS ratio of 4.3x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 326% per year over the last three years.
- Revenues for these companies have grown 26% 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 Market | 2.45% | |
| Healthcare | 2.15% | |
| Healthcare Services | 4.07% | |
| Healthcare Facilities | 4.41% | |
| Healthcare Distributors | 2.65% | |
| Healthcare Services | 2.00% | |
| Managed Healthcare | 0% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 54.2x.
- Analysts are expecting annual earnings growth of 20.7%, which is higher than its past year's earnings decline of 1.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 26% over the next 5 years.
- This is better than its past earnings growth rate of 19% per year.
- In contrast, the Healthcare Services 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 543220 Max Healthcare Institute | ₹652.00 | 6.4% +₹38.1b | 45.7% | PE64x | |
| ASTERDM Aster DM Healthcare | ₹401.25 | 18.8% +₹31.6b | 71.8% | PE70.2x | |
| APOLLOHOSP Apollo Hospitals Enterprise | ₹5.59k | 3.5% +₹27.3b | 14.8% | PE115.3x | |
| MEDANTA Global Health | ₹970.00 | 7.4% +₹17.9b | 112.0% | PE63.7x | |
| FORTIS Fortis Healthcare | ₹383.80 | 4.7% +₹13.1b | 32.9% | PE52.9x |
