Sri Lankan (CSE) Healthcare Services Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies6
- 7D1.8%
- 3M-3.7%
- 1Y0.2%
- YTD-4.6%
In the last week, the Healthcare Services industry is up 1.8%, with all of the companies up. Overall in the last year, the industry is flat.
Industry Valuation and Performance
Has the Sri Lankan Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | LK₨69.7b | LK₨67.3b | LK₨2.5b | 12.7x | 28.1x | 1x |
| Fri, 05 Apr 2024 | LK₨69.6b | LK₨67.3b | LK₨2.5b | 12.2x | 28x | 1x |
| Sun, 03 Mar 2024 | LK₨67.9b | LK₨67.3b | LK₨2.5b | 12.3x | 27.3x | 1x |
| Tue, 30 Jan 2024 | LK₨72.9b | LK₨65.6b | LK₨2.9b | 14.4x | 25.1x | 1.1x |
| Thu, 28 Dec 2023 | LK₨72.6b | LK₨65.6b | LK₨2.9b | 14.7x | 25x | 1.1x |
| Sat, 25 Nov 2023 | LK₨74.0b | LK₨65.6b | LK₨2.9b | 15.1x | 25.3x | 1.1x |
| Mon, 23 Oct 2023 | LK₨74.9b | LK₨63.6b | LK₨2.7b | 14.6x | 28.1x | 1.2x |
| Wed, 20 Sep 2023 | LK₨73.0b | LK₨63.6b | LK₨2.7b | 15.6x | 27.4x | 1.1x |
| Fri, 18 Aug 2023 | LK₨71.6b | LK₨62.6b | LK₨2.3b | 18.1x | 31.1x | 1.1x |
| Sun, 16 Jul 2023 | LK₨69.1b | LK₨59.9b | LK₨3.3b | 14.8x | 20.9x | 1.2x |
| Tue, 13 Jun 2023 | LK₨67.3b | LK₨59.9b | LK₨3.3b | 15x | 20.4x | 1.1x |
| Thu, 11 May 2023 | LK₨67.7b | LK₨59.9b | LK₨5.3b | 7.8x | 12.8x | 1.1x |
| Sat, 08 Apr 2023 | LK₨74.6b | LK₨59.9b | LK₨5.3b | 8.2x | 14.1x | 1.2x |
| Mon, 06 Mar 2023 | LK₨71.9b | LK₨59.9b | LK₨5.3b | 8.2x | 13.6x | 1.2x |
| Wed, 01 Feb 2023 | LK₨72.4b | LK₨57.9b | LK₨8.1b | 6.5x | 8.9x | 1.2x |
| Fri, 30 Dec 2022 | LK₨73.8b | LK₨57.9b | LK₨8.1b | 6.9x | 9.1x | 1.3x |
| Sun, 27 Nov 2022 | LK₨71.9b | LK₨57.9b | LK₨8.1b | 6.2x | 8.9x | 1.2x |
| Tue, 25 Oct 2022 | LK₨79.6b | LK₨59.9b | LK₨9.6b | 8.6x | 8.3x | 1.3x |
| Thu, 22 Sep 2022 | LK₨69.7b | LK₨59.9b | LK₨9.6b | 8.3x | 7.2x | 1.2x |
| Sat, 20 Aug 2022 | LK₨69.2b | LK₨59.9b | LK₨9.6b | 8.7x | 7.2x | 1.2x |
| Mon, 18 Jul 2022 | LK₨65.6b | LK₨60.7b | LK₨9.4b | 7.4x | 7x | 1.1x |
| Wed, 15 Jun 2022 | LK₨67.6b | LK₨60.7b | LK₨9.4b | 8.1x | 7.2x | 1.1x |
| Fri, 13 May 2022 | LK₨64.2b | LK₨63.3b | LK₨9.2b | 5.7x | 7x | 1x |
| Sun, 10 Apr 2022 | LK₨78.0b | LK₨63.3b | LK₨9.2b | 6.5x | 8.5x | 1.2x |
| Tue, 08 Mar 2022 | LK₨92.2b | LK₨63.3b | LK₨9.2b | 8.5x | 10x | 1.5x |
| Thu, 03 Feb 2022 | LK₨112.9b | LK₨60.8b | LK₨8.6b | 10.7x | 13.2x | 1.9x |
| Sat, 01 Jan 2022 | LK₨78.2b | LK₨58.3b | LK₨8.3b | 7.8x | 9.5x | 1.3x |
| Mon, 29 Nov 2021 | LK₨73.8b | LK₨58.3b | LK₨8.3b | 7.3x | 8.9x | 1.3x |
| Wed, 27 Oct 2021 | LK₨76.1b | LK₨52.8b | LK₨7.6b | 8.6x | 10.1x | 1.4x |
| Fri, 24 Sep 2021 | LK₨73.3b | LK₨51.2b | LK₨7.0b | 8.6x | 10.5x | 1.4x |
| Sun, 22 Aug 2021 | LK₨64.4b | LK₨51.2b | LK₨7.0b | 8.6x | 9.2x | 1.3x |
| Fri, 09 Jul 2021 | LK₨62.9b | LK₨51.2b | LK₨7.0b | 7.5x | 9x | 1.2x |
Price to Earnings Ratio
15.5x
Current Industry PE
- Investors are optimistic on the Sri Lankan Healthcare industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 28.1x which is higher than its 3-year average PE of 14.9x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have declined 18% per year 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Sri Lankan Healthcare industry?
| LK Market | 0.44% | |
| Healthcare | 1.67% | |
| Healthcare Services | 1.79% | |
| Healthcare Facilities | 1.79% | |
| Healthcare Distributors | 0% | |
| Healthcare Services | 0% | |
| Managed Healthcare | 0% | |
Industry PE
- Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio of 14.9x.
- 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 Facilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.9x.
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 | |
|---|---|---|---|---|---|
| ASIR.N0000 Asiri Hospital Holdings | LK₨24.50 | 4.3% +LK₨1.1b | 10.9% | PE11.6x | |
| LHCL.N0000 Lanka Hospitals | LK₨113.00 | 2.0% +LK₨503.4m | 8.4% | PE18.8x | |
| NHL.N0000 Nawaloka Hospitals | LK₨4.30 | 4.9% +LK₨281.9m | -20.4% | PS0.6x | |
| CHL.X0000 Ceylon Hospitals | LK₨99.00 | 1.6% +LK₨57.6m | -2.9% | PE13.2x | |
| MULL.N0000 Muller & Phipps (Ceylon) | LK₨1.30 | 8.3% +LK₨28.3m | 18.2% | PE24.7x |