Krsnaa Diagnostics Limited's (NSE:KRSNAA) 28% Jump Shows Its Popularity With Investors
Jul 05
Indian (NIFTY) Healthcare Services Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies13
- 7D2.7%
- 3M19.2%
- 1Y36.4%
- YTDn/a
Over the last 7 days, the Healthcare Services industry has risen 2.7%, driven by gains from Thyrocare Technologies of 20%. In the same time, Gian Life Care was down 7.6%. This takes the industry's 12 month performance to a gain of 36%. Earnings are forecast to grow by 20% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ₹518.5b | ₹56.7b | ₹8.0b | 38.3x | 64.6x | 9.1x |
| Sun, 23 Jun 2024 | ₹472.0b | ₹56.5b | ₹8.0b | 35.4x | 59.3x | 8.4x |
| Tue, 21 May 2024 | ₹458.9b | ₹56.8b | ₹7.8b | 33.7x | 58.8x | 8.1x |
| Thu, 18 Apr 2024 | ₹423.1b | ₹54.4b | ₹7.5b | 33.1x | 56.6x | 7.8x |
| Sat, 16 Mar 2024 | ₹380.3b | ₹54.4b | ₹7.5b | 31.4x | 50.9x | 7x |
| Mon, 12 Feb 2024 | ₹425.8b | ₹53.9b | ₹7.5b | 35.7x | 56.9x | 7.9x |
| Wed, 10 Jan 2024 | ₹436.9b | ₹53.0b | ₹7.1b | 38.4x | 61.1x | 8.2x |
| Fri, 08 Dec 2023 | ₹439.5b | ₹53.0b | ₹7.1b | 33.4x | 61.5x | 8.3x |
| Sun, 05 Nov 2023 | ₹416.8b | ₹52.5b | ₹7.1b | 34.7x | 58.9x | 7.9x |
| Tue, 03 Oct 2023 | ₹400.1b | ₹51.3b | ₹6.7b | 31.3x | 60x | 7.8x |
| Thu, 31 Aug 2023 | ₹366.6b | ₹51.3b | ₹6.7b | 29.2x | 55x | 7.2x |
| Sat, 29 Jul 2023 | ₹367.5b | ₹50.7b | ₹6.6b | 22.4x | 55.3x | 7.2x |
| Mon, 26 Jun 2023 | ₹346.3b | ₹50.3b | ₹6.4b | 24.4x | 54.2x | 6.9x |
| Wed, 24 May 2023 | ₹321.5b | ₹50.1b | ₹6.5b | 20.2x | 49.8x | 6.4x |
| Fri, 21 Apr 2023 | ₹308.9b | ₹50.0b | ₹6.5b | 20.1x | 47.5x | 6.2x |
| Sun, 19 Mar 2023 | ₹299.6b | ₹50.0b | ₹6.5b | 18.7x | 46.1x | 6x |
| Tue, 14 Feb 2023 | ₹317.4b | ₹49.8b | ₹6.6b | 21x | 47.9x | 6.4x |
| Thu, 12 Jan 2023 | ₹343.6b | ₹49.6b | ₹6.8b | 21.3x | 50.3x | 6.9x |
| Sat, 10 Dec 2022 | ₹378.7b | ₹49.6b | ₹6.8b | 22.8x | 55.5x | 7.6x |
| Mon, 07 Nov 2022 | ₹414.4b | ₹49.6b | ₹7.9b | 24.1x | 52.4x | 8.4x |
| Wed, 05 Oct 2022 | ₹385.0b | ₹49.6b | ₹7.9b | 24.9x | 48.7x | 7.8x |
| Fri, 02 Sep 2022 | ₹369.2b | ₹49.6b | ₹7.9b | 23.5x | 46.7x | 7.5x |
| Sun, 31 Jul 2022 | ₹362.7b | ₹50.5b | ₹8.8b | 18.2x | 41.1x | 7.2x |
| Tue, 28 Jun 2022 | ₹337.4b | ₹51.5b | ₹9.6b | 21.6x | 35.3x | 6.6x |
| Thu, 26 May 2022 | ₹327.5b | ₹51.0b | ₹9.5b | 21.7x | 34.3x | 6.4x |
| Sat, 23 Apr 2022 | ₹462.8b | ₹50.6b | ₹9.9b | 22.8x | 46.9x | 9.2x |
| Mon, 21 Mar 2022 | ₹439.4b | ₹50.6b | ₹9.9b | 21.4x | 44.5x | 8.7x |
| Wed, 16 Feb 2022 | ₹442.4b | ₹50.5b | ₹9.8b | 24.1x | 45x | 8.8x |
| Fri, 14 Jan 2022 | ₹608.2b | ₹49.4b | ₹11.9b | 24.2x | 51.1x | 12.3x |
| Sun, 12 Dec 2021 | ₹600.0b | ₹49.4b | ₹11.9b | 25.6x | 50.4x | 12.2x |
| Tue, 09 Nov 2021 | ₹603.3b | ₹47.7b | ₹11.1b | 29x | 54.2x | 12.6x |
| Thu, 07 Oct 2021 | ₹597.9b | ₹47.1b | ₹11.0b | 30.9x | 54.2x | 12.7x |
| Sat, 04 Sep 2021 | ₹582.2b | ₹43.3b | ₹10.2b | 25.2x | 57.3x | 13.5x |
| Mon, 02 Aug 2021 | ₹528.0b | ₹39.3b | ₹8.3b | 35.2x | 63.6x | 13.4x |
Price to Earnings Ratio
63.6x
Current Industry PE
- Investors are optimistic on the Indian Healthcare Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 64.6x which is higher than its 3-year average PE of 52.0x.
- The industry is trading close to its 3-year average PS ratio of 8.4x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 13% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Indian Healthcare Services compare with similar industries?
| IN Market | -1.05% | |
| Healthcare | 1.73% | |
| Healthcare Services | 0.026% | |
| Healthcare Services | 2.73% | |
| Healthcare Distributors | 2.44% | |
| Managed Healthcare | 0% | |
| Healthcare Facilities | -0.45% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 539871 Thyrocare Technologies | ₹778.90 | 22.4% +₹7.6b | 34.5% | PE53.1x | |
| METROPOLIS Metropolis Healthcare | ₹2.12k | 7.3% +₹7.4b | 52.6% | PE85x | |
| LALPATHLAB Dr. Lal PathLabs | ₹3.08k | 2.8% +₹7.0b | 30.7% | PE71.6x | |
| VIJAYA Vijaya Diagnostic Centre | ₹794.00 | 4.4% +₹3.4b | 75.1% | PE68.6x | |
| 526783 Dr. Agarwal's Eye Hospital | ₹3.92k | 16.0% +₹2.6b | 151.6% | PE37.7x |