Sri Lankan (CSE) Healthcare Services Industry Analysis
UpdatedMar 24, 2023
DataAggregated Company Financials
Companies6
- 7D4.0%
- 3M6.1%
- 1Y-9.3%
- YTD5.5%
The Healthcare Services industry is up 8.2% in the last week, with Lanka Hospitals up 17%. However, the industry is down 4.7% over the past year.
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 |
|---|---|---|---|---|---|---|
| Fri, 24 Mar 2023 | LK₨77.0b | LK₨59.9b | LK₨5.3b | 8.6x | 14.5x | 1.3x |
| Sun, 19 Feb 2023 | LK₨72.7b | LK₨58.8b | LK₨7.1b | 8.3x | 10.2x | 1.2x |
| Tue, 17 Jan 2023 | LK₨72.3b | LK₨57.9b | LK₨8.1b | 6.6x | 8.9x | 1.2x |
| Thu, 15 Dec 2022 | LK₨73.5b | LK₨57.9b | LK₨8.1b | 6.8x | 9.1x | 1.3x |
| Sat, 12 Nov 2022 | LK₨74.2b | LK₨59.9b | LK₨9.6b | 7.8x | 7.7x | 1.2x |
| Mon, 10 Oct 2022 | LK₨73.5b | LK₨59.9b | LK₨9.6b | 7.9x | 7.6x | 1.2x |
| Wed, 07 Sep 2022 | LK₨71.0b | LK₨59.9b | LK₨9.6b | 8.5x | 7.4x | 1.2x |
| Fri, 05 Aug 2022 | LK₨71.5b | LK₨61.8b | LK₨9.5b | 8.2x | 7.5x | 1.2x |
| Sun, 03 Jul 2022 | LK₨65.8b | LK₨60.7b | LK₨9.4b | 7.6x | 7x | 1.1x |
| Tue, 31 May 2022 | LK₨72.0b | LK₨64.4b | LK₨10.0b | 6.6x | 7.2x | 1.1x |
| Thu, 28 Apr 2022 | LK₨63.9b | LK₨63.3b | LK₨9.2b | 5.8x | 6.9x | 1x |
| Sat, 26 Mar 2022 | LK₨84.6b | LK₨63.3b | LK₨9.2b | 7.4x | 9.2x | 1.3x |
| Mon, 21 Feb 2022 | LK₨102.3b | LK₨62.5b | LK₨8.8b | 9.5x | 11.6x | 1.6x |
| Wed, 19 Jan 2022 | LK₨97.0b | LK₨58.3b | LK₨8.3b | 9.2x | 11.8x | 1.7x |
| Fri, 17 Dec 2021 | LK₨77.8b | LK₨58.3b | LK₨8.3b | 7.8x | 9.4x | 1.3x |
| Sun, 14 Nov 2021 | LK₨78.3b | LK₨52.9b | LK₨7.6b | 8.6x | 10.4x | 1.5x |
| Tue, 12 Oct 2021 | LK₨74.7b | LK₨51.2b | LK₨7.0b | 8.6x | 10.7x | 1.5x |
| Thu, 09 Sep 2021 | LK₨75.2b | LK₨51.2b | LK₨7.0b | 8.6x | 10.8x | 1.5x |
| Sat, 07 Aug 2021 | LK₨65.6b | LK₨51.2b | LK₨7.0b | 8.4x | 9.4x | 1.3x |
| Fri, 30 Apr 2021 | LK₨59.6b | LK₨46.1b | LK₨4.4b | 9.6x | 13.5x | 1.3x |
| Mon, 01 Feb 2021 | LK₨65.4b | LK₨40.3b | LK₨2.5b | 28.9x | 26.7x | 1.6x |
| Thu, 05 Nov 2020 | LK₨54.4b | LK₨40.8b | LK₨1.5b | 32.8x | 36.6x | 1.3x |
| Sun, 09 Aug 2020 | LK₨43.2b | LK₨40.1b | LK₨1.1b | 20.5x | 39.8x | 1.1x |
| Sat, 02 May 2020 | LK₨37.6b | LK₨42.2b | LK₨2.2b | 11x | 16.7x | 0.9x |
Price to Earnings Ratio
16.7x
Current Industry PE
- Investors are relatively neutral on the Sri Lankan Healthcare industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 16.6x.
- 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 industry?
| LK Market | 0.13% | |
| Healthcare | 4.95% | |
| Healthcare Services | 3.95% | |
| Healthcare Facilities | 3.95% | |
| Healthcare Distributors | 0% | |
| Healthcare Services | 0% | |
| Managed Healthcare | 0% | |
Industry PE
- Investors are most optimistic about the Healthcare Facilities industry, which is trading close to its 3-year average PE ratio of 16.3x.
- 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, which is trading close to its 3-year average of 16.3x.
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 | |
|---|---|---|---|---|---|
| LHCL.N0000 Lanka Hospitals | LK₨125.50 | 17.3% +LK₨4.1b | 128.6% | PE8.6x | |
| NHL.N0000 Nawaloka Hospitals | LK₨6.10 | 3.4% +LK₨281.9m | -19.7% | PS0.8x |