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Apr 13
Indian (NIFTY) Healthcare Services Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies13
- 7D0.1%
- 3M-0.5%
- 1Y35.4%
- YTDn/a
The Healthcare Services is pretty flat in the last 7 days, but Vijaya Diagnostic Centre has stood out, gaining 3.3%. As for the the longer term, the industry is up 35% over the past 12 months. Looking forward, earnings are forecast to grow by 21% 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, 19 Apr 2024 | ₹423.1b | ₹54.4b | ₹7.5b | 33.1x | 56.6x | 7.8x |
| Sun, 17 Mar 2024 | ₹380.3b | ₹54.4b | ₹7.5b | 31.4x | 50.9x | 7x |
| Tue, 13 Feb 2024 | ₹425.6b | ₹53.9b | ₹7.5b | 35.2x | 56.8x | 7.9x |
| Thu, 11 Jan 2024 | ₹436.7b | ₹53.0b | ₹7.1b | 38x | 61.1x | 8.2x |
| Sat, 09 Dec 2023 | ₹434.9b | ₹53.0b | ₹7.1b | 33.5x | 60.9x | 8.2x |
| Mon, 06 Nov 2023 | ₹416.8b | ₹52.5b | ₹7.1b | 34.7x | 58.9x | 7.9x |
| Wed, 04 Oct 2023 | ₹400.1b | ₹51.3b | ₹6.7b | 31.2x | 60x | 7.8x |
| Fri, 01 Sep 2023 | ₹363.9b | ₹51.3b | ₹6.7b | 30x | 54.6x | 7.1x |
| Sun, 30 Jul 2023 | ₹367.6b | ₹50.7b | ₹6.6b | 22.4x | 55.4x | 7.3x |
| Tue, 27 Jun 2023 | ₹354.0b | ₹50.3b | ₹6.4b | 25x | 55.4x | 7x |
| Thu, 25 May 2023 | ₹322.4b | ₹50.1b | ₹6.4b | 20.1x | 50.6x | 6.4x |
| Sat, 22 Apr 2023 | ₹308.2b | ₹50.0b | ₹6.5b | 20.9x | 47.4x | 6.2x |
| Mon, 20 Mar 2023 | ₹299.6b | ₹50.0b | ₹6.5b | 18.7x | 46.1x | 6x |
| Wed, 15 Feb 2023 | ₹317.8b | ₹50.0b | ₹6.6b | 20.5x | 48.2x | 6.4x |
| Fri, 13 Jan 2023 | ₹344.8b | ₹49.6b | ₹6.8b | 21.2x | 50.5x | 6.9x |
| Sun, 11 Dec 2022 | ₹378.7b | ₹49.6b | ₹6.8b | 22.8x | 55.5x | 7.6x |
| Tue, 08 Nov 2022 | ₹415.7b | ₹49.6b | ₹7.9b | 23.5x | 52.5x | 8.4x |
| Thu, 06 Oct 2022 | ₹385.0b | ₹49.6b | ₹7.9b | 24.9x | 48.7x | 7.8x |
| Sat, 03 Sep 2022 | ₹368.9b | ₹49.6b | ₹7.9b | 23.1x | 46.6x | 7.4x |
| Mon, 01 Aug 2022 | ₹362.7b | ₹50.5b | ₹8.8b | 18.2x | 41.1x | 7.2x |
| Wed, 29 Jun 2022 | ₹343.5b | ₹51.5b | ₹9.6b | 21.8x | 35.9x | 6.7x |
| Fri, 27 May 2022 | ₹327.5b | ₹51.0b | ₹9.5b | 21.7x | 34.3x | 6.4x |
| Sun, 24 Apr 2022 | ₹462.8b | ₹50.6b | ₹9.9b | 22.8x | 46.9x | 9.2x |
| Tue, 22 Mar 2022 | ₹428.3b | ₹50.6b | ₹9.9b | 21.2x | 43.4x | 8.5x |
| Thu, 17 Feb 2022 | ₹443.6b | ₹50.5b | ₹9.8b | 24x | 45.1x | 8.8x |
| Sat, 15 Jan 2022 | ₹598.8b | ₹49.4b | ₹11.9b | 24.2x | 50.3x | 12.1x |
| Mon, 13 Dec 2021 | ₹600.0b | ₹49.4b | ₹11.9b | 25.6x | 50.4x | 12.2x |
| Wed, 10 Nov 2021 | ₹603.3b | ₹47.7b | ₹11.1b | 29x | 54.2x | 12.6x |
| Fri, 08 Oct 2021 | ₹595.2b | ₹47.1b | ₹11.0b | 31.9x | 54x | 12.6x |
| Sun, 05 Sep 2021 | ₹582.2b | ₹43.3b | ₹10.2b | 25.2x | 57.3x | 13.5x |
| Tue, 03 Aug 2021 | ₹545.5b | ₹39.3b | ₹8.3b | 35.2x | 65.7x | 13.9x |
| Fri, 07 May 2021 | ₹421.4b | ₹32.8b | ₹5.9b | 31x | 71.1x | 12.9x |
Price to Earnings Ratio
71.1x
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 56.5x which is higher than its 3-year average PE of 52.6x.
- The 3-year average PS ratio of 8.8x is higher than the industry's current PS ratio of 7.8x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have grown 8.0% per year over the last three years.
- Revenues for these companies have grown 18% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Healthcare Services compare with similar industries?
| IN Market | -2.09% | |
| Healthcare | -2.01% | |
| Healthcare Services | -1.75% | |
| Healthcare Services | 0.10% | |
| Healthcare Distributors | 3.25% | |
| Managed Healthcare | 0% | |
| Healthcare Facilities | -2.04% | |
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 | |
|---|---|---|---|---|---|
| VIJAYA Vijaya Diagnostic Centre | ₹676.35 | 1.0% +₹670.4m | 79.3% | PE61.3x | |
| 526301 Medinova Diagnostic Services | ₹34.88 | 2.4% +₹8.2m | 53.0% | PE16x |
