Sri Lankan (CSE) Healthcare Sector Analysis
UpdatedMar 29, 2023
DataAggregated Company Financials
Companies7
- 7D0.6%
- 3M5.5%
- 1Y-1.6%
- YTD5.6%
Over the last 7 days, the Healthcare industry has remained flat, although notably eChannelling gained 29%. In line with that, the industry has also been flat over the past 12 months.
Sector Valuation and Performance
Has the Sri Lankan Healthcare Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 Mar 2023 | LK₨78.5b | LK₨60.1b | LK₨5.4b | 11.5x | 14.7x | 1.3x |
| Fri, 24 Feb 2023 | LK₨75.6b | LK₨59.9b | LK₨5.9b | 11.5x | 12.8x | 1.3x |
| Sun, 22 Jan 2023 | LK₨75.2b | LK₨58.1b | LK₨8.2b | 8.9x | 9.2x | 1.3x |
| Tue, 20 Dec 2022 | LK₨73.9b | LK₨58.1b | LK₨8.2b | 9.1x | 9.1x | 1.3x |
| Thu, 17 Nov 2022 | LK₨75.6b | LK₨60.3b | LK₨8.8b | 12.9x | 8.6x | 1.3x |
| Sat, 15 Oct 2022 | LK₨88.8b | LK₨60.1b | LK₨9.7b | 11.7x | 9.2x | 1.5x |
| Mon, 12 Sep 2022 | LK₨74.5b | LK₨60.1b | LK₨9.7b | 9.9x | 7.7x | 1.2x |
| Wed, 10 Aug 2022 | LK₨69.7b | LK₨62.0b | LK₨9.6b | 9.9x | 7.3x | 1.1x |
| Fri, 08 Jul 2022 | LK₨67.2b | LK₨60.9b | LK₨9.4b | 8.4x | 7.1x | 1.1x |
| Sun, 05 Jun 2022 | LK₨70.5b | LK₨60.9b | LK₨9.4b | 10.7x | 7.5x | 1.2x |
| Tue, 03 May 2022 | LK₨70.3b | LK₨63.5b | LK₨9.3b | 5.9x | 7.6x | 1.1x |
| Thu, 31 Mar 2022 | LK₨77.8b | LK₨63.5b | LK₨9.3b | 6.2x | 8.4x | 1.2x |
| Sat, 26 Feb 2022 | LK₨86.8b | LK₨62.7b | LK₨8.9b | 8.3x | 9.8x | 1.4x |
| Mon, 24 Jan 2022 | LK₨102.9b | LK₨58.5b | LK₨8.3b | 10.2x | 12.4x | 1.8x |
| Wed, 22 Dec 2021 | LK₨79.4b | LK₨58.5b | LK₨8.3b | 8.9x | 9.6x | 1.4x |
| Fri, 19 Nov 2021 | LK₨75.3b | LK₨53.9b | LK₨7.9b | 12x | 9.5x | 1.4x |
| Sun, 17 Oct 2021 | LK₨75.1b | LK₨51.3b | LK₨7.0b | 10.1x | 10.7x | 1.5x |
| Tue, 14 Sep 2021 | LK₨75.4b | LK₨51.3b | LK₨7.0b | 10.3x | 10.7x | 1.5x |
| Thu, 12 Aug 2021 | LK₨65.9b | LK₨51.3b | LK₨7.0b | 8.7x | 9.4x | 1.3x |
| Mon, 07 Jun 2021 | LK₨69.4b | LK₨46.3b | LK₨4.5b | 12.5x | 15.5x | 1.5x |
| Sun, 28 Feb 2021 | LK₨60.8b | LK₨40.5b | LK₨2.5b | 24.6x | 24.5x | 1.5x |
| Wed, 02 Dec 2020 | LK₨57.4b | LK₨41.0b | LK₨1.5b | 35.4x | 38.2x | 1.4x |
| Sat, 05 Sep 2020 | LK₨45.4b | LK₨40.2b | LK₨1.1b | 23.9x | 41.6x | 1.1x |
| Tue, 09 Jun 2020 | LK₨42.5b | LK₨42.3b | LK₨2.3b | 19.9x | 18.8x | 1x |
Price to Earnings Ratio
16.8x
Current Industry PE
- Investors are pessimistic on the Sri Lankan 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 14.7x which is lower than its 3-year average PE of 16.7x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 33% per year over the last three years.
- Revenues for these companies have grown 12% 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 Sri Lankan Healthcare sector?
| LK Market | -2.24% | |
| Healthcare | 0.62% | |
| Healthtech | 29.08% | |
| Medical Equipment | 0% | |
| Biotech | 0% | |
| Pharma | 0% | |
| Life Sciences | 0% | |
| Healthcare Services | -0.021% | |
Industry PE
- Investors are most optimistic about the Healthtech industry, which is trading close to its 3-year average PE ratio of 31.1x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Healthcare Services industry, which is trading below its 3-year average of 16.6x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||