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U.S. Market Analysis & Valuation

UpdatedMay 10, 2024
DataAggregated Company Financials
Companies7495
  • 7D2.7%
  • 3M3.8%
  • 1Y26.0%
  • YTD9.3%

The market is up 2.7% in the last 7 days, led by the Information Technology and all sectors gaining ground. As for the past 12 months, the market is up 26%. Looking forward, earnings are forecast to grow by 14% annually.

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, 10 May 2024US$53.9tUS$21.2tUS$1.8t17.5x29.7x2.5x
Sun, 07 Apr 2024US$54.2tUS$21.1tUS$1.8t17.2x29.4x2.6x
Tue, 05 Mar 2024US$53.4tUS$21.1tUS$1.8t16.4x29x2.5x
Thu, 01 Feb 2024US$51.4tUS$21.1tUS$1.8t16.9x29.2x2.4x
Sat, 30 Dec 2023US$50.5tUS$21.0tUS$1.8t16.9x28.7x2.4x
Mon, 27 Nov 2023US$47.6tUS$21.1tUS$1.8t16x27.2x2.3x
Wed, 25 Oct 2023US$44.1tUS$21.0tUS$1.7t14.8x25.7x2.1x
Fri, 22 Sep 2023US$45.6tUS$20.9tUS$1.7t15.4x26.6x2.2x
Sun, 20 Aug 2023US$46.3tUS$20.9tUS$1.7t15.8x27.3x2.2x
Tue, 18 Jul 2023US$47.8tUS$21.0tUS$1.7t15.7x28.6x2.3x
Thu, 15 Jun 2023US$46.4tUS$21.0tUS$1.7t15.2x27.8x2.2x
Sat, 13 May 2023US$43.2tUS$21.0tUS$1.7t14.4x26x2.1x
Mon, 10 Apr 2023US$43.3tUS$20.6tUS$1.6t14.9x26.7x2.1x
Wed, 08 Mar 2023US$42.7tUS$20.6tUS$1.6t15.2x26.3x2.1x
Fri, 03 Feb 2023US$45.0tUS$20.5tUS$1.8t15.4x25.6x2.2x
Sun, 01 Jan 2023US$41.0tUS$20.5tUS$1.8t14.3x22.8x2x
Tue, 29 Nov 2022US$42.2tUS$20.4tUS$1.8t14.6x23.4x2.1x
Thu, 27 Oct 2022US$41.4tUS$20.0tUS$1.8t14.4x22.7x2.1x
Sat, 24 Sep 2022US$39.8tUS$19.9tUS$1.8t13.9x21.7x2x
Mon, 22 Aug 2022US$45.7tUS$19.8tUS$1.8t15.7x24.9x2.3x
Wed, 20 Jul 2022US$40.6tUS$19.4tUS$1.9t14.7x21.3x2.1x
Fri, 17 Jun 2022US$40.4tUS$19.4tUS$1.9t14.2x21.1x2.1x
Sun, 15 May 2022US$43.7tUS$19.4tUS$1.9t15.5x22.8x2.3x
Tue, 12 Apr 2022US$48.9tUS$18.9tUS$1.9t16.7x25.2x2.6x
Thu, 10 Mar 2022US$48.0tUS$18.9tUS$1.9t15.9x24.7x2.5x
Sat, 05 Feb 2022US$50.4tUS$18.6tUS$1.9t16.3x27x2.7x
Mon, 03 Jan 2022US$54.1tUS$18.3tUS$1.7t17.2x31.1x3x
Wed, 01 Dec 2021US$52.7tUS$18.2tUS$1.7t16.8x30.2x2.9x
Fri, 29 Oct 2021US$53.5tUS$17.7tUS$1.7t18.1x31.8x3x
Sun, 26 Sep 2021US$52.2tUS$17.4tUS$1.6t17.9x32.5x3x
Tue, 24 Aug 2021US$51.8tUS$17.3tUS$1.6t17.2x32.5x3x
Wed, 30 Jun 2021US$50.5tUS$17.2tUS$1.6t17.5x32.1x2.9x
Price to Earnings Ratio

38.5x


Total Market Cap: US$48.7tTotal Earnings: US$1.3tTotal Revenue: US$16.4tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Market Price to Earnings3Y Average 27.3x202220232024
Current Market PE
  • Investors are relatively neutral on the American market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 27.3x.
Past Earnings Growth
  • The earnings for American listed companies have grown 13% per year over the last three years.
  • Revenues for these companies have grown 9.0% 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 Market2.73%
Utilities4.84%
Tech3.63%
Materials3.43%
Industrials3.04%
Telecom2.96%
Financials2.86%
Real Estate2.77%
Energy2.25%
Consumer Staples2.02%
Healthcare1.36%
Consumer Discretionary1.10%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 51.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 20.5%, which is higher than its past year's earnings growth of 3.2% 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 6.9x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 3.2% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 6.5% 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
META Meta PlatformsUS$476.205.4%
+US$61.5b		103.7%PE26.4xTelecom
MSFT MicrosoftUS$414.742.0%
+US$60.1b		34.2%PE35.8xTech
NVDA NVIDIAUS$898.781.2%
+US$26.8b		217.1%PE74.3xTech
BRK.A Berkshire HathawayUS$622.00k3.2%
+US$26.8b		26.6%PE12.2xFinancials
AVGO BroadcomUS$1.33k4.3%
+US$25.3b		111.2%PE53.3xTech
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