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Singaporean (SGX) Healthcare Sector Analysis

UpdatedFeb 15, 2026
DataAggregated Company Financials
Companies28
  • 7D0.8%
  • 3M6.8%
  • 1Y25.5%
  • YTD-0.07%

Over the last 7 days, the Healthcare industry has remained flat. As for the the longer term, the industry is up 25% over the past 12 months. Looking forward, earnings are forecast to grow by 40% annually.

Sector Valuation and Performance

Has the Singaporean Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Feb 2026S$10.2bS$3.1bS$293.8m15.5x34.8x3.3x
Tue, 13 Jan 2026S$10.2bS$3.1bS$295.5m15.4x34.5x3.3x
Thu, 11 Dec 2025S$9.6bS$3.1bS$294.9m15.1x32.6x3.1x
Sat, 08 Nov 2025S$9.6bS$3.1bS$300.6m15.1x32x3.1x
Mon, 06 Oct 2025S$9.2bS$3.1bS$306.5m15x30.1x3x
Wed, 03 Sep 2025S$9.8bS$3.2bS$350.8m15.1x28x3.1x
Fri, 01 Aug 2025S$9.3bS$3.1bS$372.0m13.5x25x3.1x
Sun, 29 Jun 2025S$8.6bS$3.1bS$372.6m12.4x23.2x2.8x
Tue, 27 May 2025S$8.7bS$3.1bS$368.7m12.4x23.5x2.8x
Thu, 24 Apr 2025S$9.0bS$3.1bS$372.5m12.3x24.2x2.9x
Sat, 22 Mar 2025S$9.3bS$3.1bS$373.1m12.6x24.8x3x
Mon, 17 Feb 2025S$8.8bS$3.0bS$348.4m16.6x25.2x2.9x
Wed, 15 Jan 2025S$8.7bS$3.0bS$350.0m16.6x24.9x2.9x
Fri, 13 Dec 2024S$8.9bS$3.0bS$350.3m16.5x25.3x3x
Sun, 10 Nov 2024S$8.7bS$2.9bS$341.1m16.4x25.5x3x
Tue, 08 Oct 2024S$8.7bS$2.9bS$360.0m16.3x24.2x3x
Thu, 05 Sep 2024S$8.4bS$3.0bS$362.0m16.5x23.2x2.8x
Sat, 03 Aug 2024S$8.5bS$2.9bS$334.1m17.7x25.4x2.9x
Mon, 01 Jul 2024S$8.6bS$2.9bS$364.5m17x23.6x3x
Wed, 29 May 2024S$8.6bS$2.9bS$366.9m15.7x23.6x3x
Fri, 26 Apr 2024S$8.5bS$2.9bS$357.5m16x23.7x2.9x
Sun, 24 Mar 2024S$8.5bS$2.9bS$411.7m14.5x20.6x2.9x
Tue, 20 Feb 2024S$8.5bS$2.9bS$381.3m14.7x22.4x3x
Thu, 18 Jan 2024S$9.0bS$3.2bS$441.8m14.8x20.3x2.8x
Sat, 16 Dec 2023S$9.3bS$3.2bS$440.7m16x21x2.9x
Mon, 13 Nov 2023S$11.7bS$4.3bS$579.0m15.8x20.2x2.7x
Wed, 11 Oct 2023S$12.4bS$4.4bS$595.9m16x20.7x2.8x
Fri, 08 Sep 2023S$12.6bS$4.4bS$598.0m16.2x21.1x2.9x
Sun, 06 Aug 2023S$13.3bS$4.5bS$642.1m16x20.7x3x
Tue, 04 Jul 2023S$13.7bS$4.5bS$646.2m16x21.2x3.1x
Thu, 01 Jun 2023S$14.4bS$4.5bS$653.0m14x22.1x3.2x
Sat, 29 Apr 2023S$14.0bS$4.6bS$636.1m14.4x22x3.1x
Mon, 27 Mar 2023S$13.0bS$4.4bS$630.8m15.2x20.6x2.9x
Wed, 22 Feb 2023S$13.9bS$4.4bS$647.2m16.3x21.4x3.2x
Price to Earnings Ratio

21.4x


Total Market Cap: S$13.9bTotal Earnings: S$647.2mTotal Revenue: S$4.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Healthcare Sector Price to Earnings3Y Average 24.2x202420252026
Current Industry PE
  • Investors are optimistic on the Singaporean Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.8x which is higher than its 3-year average PE of 24.2x.
  • The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 23% per year over the last three years,
  • Revenues have also declined 11% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Singaporean Healthcare sector?

SG Market0.56%
Healthcare0.83%
Medical Equipment1.63%
Pharma1.26%
Healthcare Services0.24%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 49.8%, which is higher than its past year's earnings growth of 0.7% per year.
  • Investors are most pessimistic about the Pharma industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.1x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 50% over the next 5 years.
  • This is better than its past earnings growth rate of 0.7% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 7.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
H02 Haw ParS$16.880.8%
+S$31.0m
43.8%PE14.9x
BSL Raffles Medical GroupS$1.011.5%
+S$27.6m
21.0%PE29.2x
42C iX BiopharmaS$0.2210.0%
+S$19.4m
947.6%PS29.2x
AP4 Riverstone HoldingsS$0.761.3%
+S$14.8m
-25.5%PE15.6x
ULG UltraGreen.aiUS$1.670.6%
+US$11.0m
n/aPE34.2x

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