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U.S. Market Analysis & Valuation

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies7411
  • 7D-2.4%
  • 3M5.5%
  • 1Y17.5%
  • YTD12.9%

Over the last 7 days, the market has dropped 2.4%, driven by a loss of 4.5% in the Information Technology sector. As for the longer term, the market has actually risen by 18% in the last year. As for the next few years, earnings are expected to grow by 15% per annum.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the U.S. Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024US$56.4tUS$21.4tUS$1.8t17.9x30.6x2.6x
Sun, 23 Jun 2024US$56.5tUS$21.3tUS$1.8t16.6x30.8x2.6x
Tue, 21 May 2024US$55.2tUS$21.2tUS$1.8t17.5x30.5x2.6x
Thu, 18 Apr 2024US$52.1tUS$21.1tUS$1.8t16.3x28.2x2.5x
Sat, 16 Mar 2024US$53.6tUS$21.1tUS$1.8t16.5x29.1x2.5x
Mon, 12 Feb 2024US$52.3tUS$21.0tUS$1.8t16.3x29.3x2.5x
Wed, 10 Jan 2024US$49.9tUS$21.0tUS$1.8t16.7x28.4x2.4x
Fri, 08 Dec 2023US$47.6tUS$21.0tUS$1.8t16.2x27.2x2.3x
Sun, 05 Nov 2023US$45.6tUS$21.0tUS$1.7t15.4x26.5x2.2x
Tue, 03 Oct 2023US$45.3tUS$21.0tUS$1.7t15.2x26.4x2.2x
Thu, 31 Aug 2023US$47.5tUS$20.9tUS$1.7t15.9x27.7x2.3x
Sat, 29 Jul 2023US$48.2tUS$21.0tUS$1.7t15.9x29x2.3x
Mon, 26 Jun 2023US$45.9tUS$21.0tUS$1.7t14.9x27.6x2.2x
Wed, 24 May 2023US$43.9tUS$21.0tUS$1.7t14.8x26.4x2.1x
Fri, 21 Apr 2023US$43.5tUS$20.7tUS$1.6t14.9x26.9x2.1x
Sun, 19 Mar 2023US$38.6tUS$19.6tUS$1.6t14.2x24.6x2x
Tue, 14 Feb 2023US$44.3tUS$20.5tUS$1.7t15.5x26.5x2.2x
Thu, 12 Jan 2023US$42.5tUS$20.5tUS$1.8t14.8x23.7x2.1x
Sat, 10 Dec 2022US$41.9tUS$20.4tUS$1.8t14.4x23.3x2.1x
Mon, 07 Nov 2022US$40.3tUS$20.7tUS$1.8t14.5x21.8x1.9x
Wed, 05 Oct 2022US$41.1tUS$19.9tUS$1.8t14.3x22.4x2.1x
Fri, 02 Sep 2022US$42.9tUS$19.8tUS$1.8t14.7x23.5x2.2x
Sun, 31 Jul 2022US$44.7tUS$19.7tUS$1.9t15.5x23.5x2.3x
Tue, 28 Jun 2022US$43.1tUS$19.5tUS$1.9t14.9x22.6x2.2x
Thu, 26 May 2022US$43.8tUS$19.5tUS$1.9t15.2x22.8x2.2x
Sat, 23 Apr 2022US$47.1tUS$18.8tUS$1.9t16.7x24.5x2.5x
Mon, 21 Mar 2022US$50.1tUS$18.9tUS$1.9t16.3x25.8x2.7x
Wed, 16 Feb 2022US$50.6tUS$18.8tUS$1.9t16.3x26.6x2.7x
Fri, 14 Jan 2022US$52.5tUS$18.3tUS$1.7t17.3x30.1x2.9x
Sun, 12 Dec 2021US$53.9tUS$18.2tUS$1.8t17.2x30.8x3x
Tue, 09 Nov 2021US$55.1tUS$18.1tUS$1.8t18.5x31.1x3x
Thu, 07 Oct 2021US$51.0tUS$17.4tUS$1.6t17.8x31.8x2.9x
Sat, 04 Sep 2021US$52.7tUS$17.4tUS$1.6t17.5x32.9x3x
Mon, 02 Aug 2021US$50.9tUS$17.3tUS$1.6t17x31.9x2.9x
Price to Earnings Ratio

31.9x


Total Market Cap: US$50.9tTotal Earnings: US$1.6tTotal Revenue: US$17.3tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Market Price to Earnings3Y Average 27.1x202220232024
Current Market PE
  • Investors are optimistic on the American market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 30.6x which is higher than its 3-year average PE of 27.1x.
Past Earnings Growth
  • The earnings for American listed companies have grown 4.9% per year over the last three years.
  • Revenues for these companies have grown 7.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the U.S. Market?

US Market-2.42%
Healthcare1.13%
Utilities0.62%
Materials-0.89%
Financials-0.93%
Industrials-1.05%
Consumer Staples-1.09%
Real Estate-1.21%
Energy-1.91%
Consumer Discretionary-3.87%
Telecom-4.44%
Tech-4.52%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 54.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 20.8%, which is higher than its past year's earnings growth of 7.1% per year.
  • The Energy sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 11.0x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 7.1% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 7.8% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
TMO Thermo Fisher ScientificUS$594.5010.0%
+US$20.6b		6.2%PE36.5xHealthcare
ABBV AbbVieUS$182.176.4%
+US$19.5b		22.4%PE54.1xHealthcare
NOW ServiceNowUS$828.7912.2%
+US$18.9b		48.0%PE148.9xTech
DHR DanaherUS$270.0910.3%
+US$13.7b		5.8%PE48.1xHealthcare
RTX RTXUS$113.479.3%
+US$12.8b		33.2%PE43.3xIndustrials
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