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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 07 Jun 2023 | ₹326.0b | ₹50.3b | ₹6.4b | 24.7x | 50.9x | 6.5x |
| Fri, 05 May 2023 | ₹313.6b | ₹50.0b | ₹6.5b | 21.4x | 48.2x | 6.3x |
| Sun, 02 Apr 2023 | ₹298.6b | ₹50.0b | ₹6.5b | 17.8x | 45.9x | 6x |
| Tue, 28 Feb 2023 | ₹305.0b | ₹50.0b | ₹6.5b | 19.6x | 46.9x | 6.1x |
| Thu, 26 Jan 2023 | ₹334.9b | ₹49.8b | ₹6.8b | 23.2x | 49.3x | 6.7x |
| Sat, 24 Dec 2022 | ₹364.9b | ₹49.6b | ₹6.8b | 21.9x | 53.5x | 7.3x |
| Mon, 21 Nov 2022 | ₹375.8b | ₹49.7b | ₹6.9b | 23.2x | 54.9x | 7.6x |
| Wed, 19 Oct 2022 | ₹384.0b | ₹49.6b | ₹7.9b | 22.5x | 48.5x | 7.7x |
| Fri, 16 Sep 2022 | ₹372.1b | ₹49.6b | ₹7.9b | 25.4x | 47x | 7.5x |
| Sun, 14 Aug 2022 | ₹366.9b | ₹49.6b | ₹7.9b | 21.9x | 46.2x | 7.4x |
| Tue, 12 Jul 2022 | ₹338.6b | ₹51.5b | ₹9.6b | 21.5x | 35.4x | 6.6x |
| Thu, 09 Jun 2022 | ₹350.3b | ₹51.5b | ₹9.6b | 19.6x | 36.7x | 6.8x |
| Sat, 07 May 2022 | ₹412.4b | ₹50.4b | ₹9.8b | 24x | 42.3x | 8.2x |
| Mon, 04 Apr 2022 | ₹431.7b | ₹50.6b | ₹9.9b | 21.7x | 43.8x | 8.5x |
| Wed, 02 Mar 2022 | ₹420.4b | ₹50.5b | ₹9.8b | 23.6x | 42.7x | 8.3x |
| Fri, 28 Jan 2022 | ₹496.2b | ₹49.4b | ₹11.9b | 23.5x | 41.7x | 10.1x |
| Sun, 26 Dec 2021 | ₹592.2b | ₹49.4b | ₹11.9b | 20.5x | 49.7x | 12x |
| Tue, 23 Nov 2021 | ₹585.7b | ₹49.3b | ₹11.9b | 16.7x | 49.2x | 11.9x |
| Thu, 21 Oct 2021 | ₹586.4b | ₹47.1b | ₹11.0b | 30.1x | 53.2x | 12.5x |
| Sat, 18 Sep 2021 | ₹651.2b | ₹47.0b | ₹11.0b | 35.9x | 59.2x | 13.8x |
| Mon, 16 Aug 2021 | ₹558.6b | ₹43.3b | ₹10.2b | 25.9x | 55x | 12.9x |
| Mon, 31 May 2021 | ₹435.3b | ₹32.8b | ₹5.9b | 31.4x | 73.4x | 13.3x |
| Thu, 04 Mar 2021 | ₹340.8b | ₹29.9b | ₹4.6b | 64.8x | 74.5x | 11.4x |
| Sun, 06 Dec 2020 | ₹363.1b | ₹27.8b | ₹3.9b | 55x | 92.6x | 13.1x |
| Wed, 09 Sep 2020 | ₹281.6b | ₹26.2b | ₹3.6b | 64.8x | 77.2x | 10.8x |
Price to Earnings Ratio
63.3x
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 Market | 0.92% | |
| Healthcare | 3.18% | |
| Healthcare Services | 2.20% | |
| Healthcare Services | 0.05% | |
| Healthcare Facilities | 2.52% | |
| Healthcare Distributors | 1.73% | |
| Managed Healthcare | 0% | |
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 | ₹475.40 | 5.3% +₹1.3b | -28.2% | PE39x | |
| VIJAYA Vijaya Diagnostic Centre | ₹392.80 | 2.4% +₹934.0m | 17.4% | PE47.4x | |
| METROPOLIS Metropolis Healthcare | ₹1.31k | 0.8% +₹535.2m | -13.9% | PE47x |