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Singaporean (SGX) Healthcare Services Industry Analysis

UpdatedJan 29, 2026
DataAggregated Company Financials
Companies19
  • 7D-0.6%
  • 3M4.5%
  • 1Y33.1%
  • YTD-2.2%

Over the last 7 days, the Healthcare Services industry has dropped 1.4%, driven by Thomson Medical Group declining 1.6%. This takes the industry's 12 month performance to a gain of 34%. As for the next few years, earnings are expected to grow by 64% per annum.

Industry Valuation and Performance

Has the Singaporean Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 Jan 2026S$4.8bS$1.9b-S$2,731,499.9214.8x-1741.6x2.4x
Sat, 27 Dec 2025S$4.6bS$2.0b-S$1,359,623.2615.4x-3404.2x2.4x
Mon, 24 Nov 2025S$4.5bS$2.0b-S$1,342,009.7115.4x-3347x2.3x
Wed, 22 Oct 2025S$4.6bS$2.0bS$4.6m17.3x992.6x2.3x
Fri, 19 Sep 2025S$4.6bS$2.0bS$5.4m16.2x845.8x2.3x
Sun, 17 Aug 2025S$4.8bS$2.0bS$95.0m14.7x50.9x2.5x
Tue, 15 Jul 2025S$4.8bS$2.0bS$96.9m13.6x49.3x2.4x
Thu, 12 Jun 2025S$4.7bS$2.0bS$95.8m12.8x48.6x2.3x
Sat, 10 May 2025S$4.6bS$2.0bS$91.4m12.7x50.5x2.3x
Mon, 07 Apr 2025S$4.5bS$2.0bS$92.1m12.8x48.7x2.3x
Wed, 05 Mar 2025S$4.5bS$2.0bS$71.9m13.5x62.8x2.3x
Fri, 31 Jan 2025S$4.3bS$1.9bS$65.1m16.6x66.3x2.2x
Sun, 29 Dec 2024S$4.4bS$1.9bS$65.1m16.6x67.3x2.3x
Tue, 26 Nov 2024S$4.4bS$1.9bS$65.1m16.9x68.1x2.3x
Thu, 24 Oct 2024S$4.6bS$1.9bS$80.2m18.7x57.9x2.4x
Sat, 21 Sep 2024S$4.6bS$1.9bS$80.2m16.6x56.8x2.3x
Mon, 19 Aug 2024S$4.5bS$1.9bS$78.0m17.8x57.2x2.4x
Wed, 17 Jul 2024S$4.8bS$1.9bS$121.6m18.7x39.9x2.5x
Fri, 14 Jun 2024S$4.7bS$1.9bS$125.4m17.1x37.7x2.5x
Sun, 12 May 2024S$4.8bS$1.9bS$127.8m15.8x37.6x2.5x
Tue, 09 Apr 2024S$4.8bS$1.9bS$128.0m16.3x37.7x2.5x
Thu, 07 Mar 2024S$4.8bS$1.9bS$183.2m14x25.9x2.4x
Sat, 03 Feb 2024S$5.4bS$2.3bS$271.3m15x19.9x2.4x
Mon, 01 Jan 2024S$5.8bS$2.3bS$270.0m15.8x21.5x2.6x
Wed, 29 Nov 2023S$5.6bS$2.3bS$270.0m16x20.9x2.5x
Fri, 27 Oct 2023S$5.7bS$2.2bS$272.3m16.8x21x2.6x
Sun, 24 Sep 2023S$6.0bS$2.2bS$269.3m17.7x22.4x2.7x
Tue, 22 Aug 2023S$6.2bS$2.2bS$301.0m17.1x20.5x2.8x
Thu, 20 Jul 2023S$6.4bS$2.2bS$306.6m17.2x21x2.9x
Sat, 17 Jun 2023S$6.4bS$2.2bS$308.6m17.9x20.7x2.9x
Mon, 15 May 2023S$6.4bS$2.2bS$304.8m17.6x21x2.9x
Wed, 12 Apr 2023S$6.7bS$2.2bS$295.3m17.8x22.7x3x
Fri, 10 Mar 2023S$6.7bS$2.2bS$295.2m17.3x22.8x3x
Sun, 05 Feb 2023S$6.9bS$2.1bS$258.5m19.2x26.6x3.3x
Price to Earnings Ratio

26.6x


Total Market Cap: S$6.9bTotal Earnings: S$258.5mTotal Revenue: S$2.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Healthcare Services Industry Price to Earnings3Y Average -244.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the Singaporean 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 PS ratio of 2.5x.
Past Earnings Growth
  • Total earnings for the Healthcare industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 2.7% per year, which is driving profits down.

Industry Trends

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

SG Market2.05%
Healthcare-1.14%
Healthcare Services-0.64%
Healthcare Distributors0%0
Managed Healthcare0%0
Healthcare Facilities-0.61%
Healthcare Services-0.79%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio of 53.6x.
    • Analysts are expecting annual earnings growth of 69.4%, which is higher than its past year's earnings decline of 2.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 69% over the next 5 years.
  • This is better than its past earnings decline of 2.0% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 28% 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
BSL Raffles Medical GroupS$1.000.5%
+S$9.2m		20.5%PE28.9x
505 AsiaMedicS$0.0211.1%
+S$2.3m		81.8%PE21x
1B1 HC Surgical SpecialistsS$0.382.7%
+S$1.5m		28.8%PE6.5x
5DX Meta HealthS$0.00525.0%
+S$1.3m		-16.7%PS5.7x

Latest News

BSL
S$1.00
Raffles Medical Group
7D
0.5%
1Y
20.5%
1B1
S$0.38
HC Surgical Specialists
7D
2.7%
1Y
28.8%
P8A
S$0.15
Cordlife Group
7D
-6.3%
1Y
-3.2%

Little Excitement Around Cordlife Group Limited's (SGX:P8A) Revenues

Jan 14
Little Excitement Around Cordlife Group Limited's (SGX:P8A) Revenues
5WA
S$0.028
OUE Healthcare
7D
-3.4%
1Y
3.7%
A50
S$0.06
Thomson Medical Group
7D
-1.6%
1Y
33.3%
5RE
S$0.045
Asia Vets Holdings
7D
-15.1%
1Y
60.7%
1D4
S$0.17
Aoxin Q & M Dental Group
7D
-1.7%
1Y
288.6%
PRH
S$0.03
Livingstone Health Holdings
7D
-6.3%
1Y
42.9%
OTX
S$0.23
Medinex
7D
-4.1%
1Y
6.8%
5DX
S$0.005
Meta Health
7D
25.0%
1Y
-16.7%
9G2
S$0.057
Singapore Institute of Advanced Medicine Holdings
7D
-3.4%
1Y
14.0%
505
S$0.02
AsiaMedic
7D
11.1%
1Y
81.8%