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Indian (NIFTY) Healthcare Services Industry Analysis

UpdatedJun 07, 2023
DataAggregated Company Financials
Companies13
  • 7D0.05%
  • 3M4.8%
  • 1Y-7.2%
  • YTD-6.4%

Last week, the Healthcare Services industry hasn't moved much but Thyrocare Technologies is up 5.3% in that time. As for the longer term, the industry has declined 7.2% in the last year. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Jun 2023₹326.0b₹50.3b₹6.4b24.7x50.9x6.5x
Fri, 05 May 2023₹313.6b₹50.0b₹6.5b21.4x48.2x6.3x
Sun, 02 Apr 2023₹298.6b₹50.0b₹6.5b17.8x45.9x6x
Tue, 28 Feb 2023₹305.0b₹50.0b₹6.5b19.6x46.9x6.1x
Thu, 26 Jan 2023₹334.9b₹49.8b₹6.8b23.2x49.3x6.7x
Sat, 24 Dec 2022₹364.9b₹49.6b₹6.8b21.9x53.5x7.3x
Mon, 21 Nov 2022₹375.8b₹49.7b₹6.9b23.2x54.9x7.6x
Wed, 19 Oct 2022₹384.0b₹49.6b₹7.9b22.5x48.5x7.7x
Fri, 16 Sep 2022₹372.1b₹49.6b₹7.9b25.4x47x7.5x
Sun, 14 Aug 2022₹366.9b₹49.6b₹7.9b21.9x46.2x7.4x
Tue, 12 Jul 2022₹338.6b₹51.5b₹9.6b21.5x35.4x6.6x
Thu, 09 Jun 2022₹350.3b₹51.5b₹9.6b19.6x36.7x6.8x
Sat, 07 May 2022₹412.4b₹50.4b₹9.8b24x42.3x8.2x
Mon, 04 Apr 2022₹431.7b₹50.6b₹9.9b21.7x43.8x8.5x
Wed, 02 Mar 2022₹420.4b₹50.5b₹9.8b23.6x42.7x8.3x
Fri, 28 Jan 2022₹496.2b₹49.4b₹11.9b23.5x41.7x10.1x
Sun, 26 Dec 2021₹592.2b₹49.4b₹11.9b20.5x49.7x12x
Tue, 23 Nov 2021₹585.7b₹49.3b₹11.9b16.7x49.2x11.9x
Thu, 21 Oct 2021₹586.4b₹47.1b₹11.0b30.1x53.2x12.5x
Sat, 18 Sep 2021₹651.2b₹47.0b₹11.0b35.9x59.2x13.8x
Mon, 16 Aug 2021₹558.6b₹43.3b₹10.2b25.9x55x12.9x
Mon, 31 May 2021₹435.3b₹32.8b₹5.9b31.4x73.4x13.3x
Thu, 04 Mar 2021₹340.8b₹29.9b₹4.6b64.8x74.5x11.4x
Sun, 06 Dec 2020₹363.1b₹27.8b₹3.9b55x92.6x13.1x
Wed, 09 Sep 2020₹281.6b₹26.2b₹3.6b64.8x77.2x10.8x
Price to Earnings Ratio

63.3x


Total Market Cap: ₹230.6bTotal Earnings: ₹3.6bTotal Revenue: ₹26.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Healthcare Services Industry Price to Earnings3Y Average 57.9x202120222023
Current Industry PE
  • Investors are pessimistic on the Indian Healthcare Services 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 50.9x which is lower than its 3-year average PE of 57.9x.
  • The 3-year average PS ratio of 9.8x is higher than the industry's current PS ratio of 6.5x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 24% 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 Market0.92%
Healthcare3.18%
Healthcare Services2.20%
Healthcare Services0.05%
Healthcare Facilities2.52%
Healthcare Distributors1.73%
Managed Healthcare0%
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?

CompanyLast Price7D1YValuation
539871 Thyrocare Technologies₹475.405.3%
+₹1.3b
-28.2%PE39x
VIJAYA Vijaya Diagnostic Centre₹392.802.4%
+₹934.0m
17.4%PE47.4x
METROPOLIS Metropolis Healthcare₹1.31k0.8%
+₹535.2m
-13.9%PE47x
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Latest News

KRSNAA

₹582.35

Krsnaa Diagnostics

7D

-0.5%

1Y

4.8%

VIJAYA

₹392.80

Vijaya Diagnostic Centre

7D

2.4%

1Y

17.4%

526301

₹26.55

Medinova Diagnostic Services

7D

-12.9%

1Y

-1.1%

540788

₹29.95

Aspira Pathlab & Diagnostics

7D

-3.4%

1Y

-40.1%

514330

₹32.13

One Global Service Provider

7D

-10.6%

1Y

-30.6%

NIDAN

₹41.80

Nidan Laboratories and Healthcare

7D

-3.7%

1Y

4.1%

541299

₹21.98

Dr Lalchandani Labs

7D

-10.0%

1Y

-16.1%

539871

₹475.40

Thyrocare Technologies

7D

5.3%

1Y

-28.2%

LALPATHLAB

₹2,028.70

Dr. Lal PathLabs

7D

-0.2%

1Y

-4.6%

526783

₹1,464.55

Dr. Agarwal's Eye Hospital

7D

-1.9%

1Y

110.8%