Narrative Update • Jun 05

Over the last 7 days, the Healthtech industry has risen 5.1%, driven by gains from Veeva Systems of 8.7%. Meanwhile, HeartFlow actually underperformed within the industry, shrinking 9.2% in the last week. In contrast, the industry has lost 42% in the last 12 months. As for the next few years, earnings are expected to grow by 22% per annum.
Has the U.S. Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 06 Jun 2026 | US$48.3b | US$14.4b | -US$757,471,326.00 | 30.9x | -63.8x | 3.4x |
| Mon, 04 May 2026 | US$47.9b | US$13.6b | -US$374,667,415.00 | 31.4x | -127.8x | 3.5x |
| Wed, 01 Apr 2026 | US$47.3b | US$13.6b | -US$402,869,878.00 | 32.4x | -117.3x | 3.5x |
| Fri, 27 Feb 2026 | US$48.3b | US$13.5b | -US$393,746,340.00 | 39.7x | -122.6x | 3.6x |
| Sun, 25 Jan 2026 | US$62.9b | US$13.6b | -US$102,102,340.00 | 51.6x | -616.1x | 4.6x |
| Tue, 23 Dec 2025 | US$64.2b | US$13.6b | -US$102,572,340.00 | 56.3x | -625.5x | 4.7x |
| Thu, 20 Nov 2025 | US$73.2b | US$13.5b | -US$168,353,271.00 | 55.2x | -435.1x | 5.4x |
| Sat, 18 Oct 2025 | US$80.3b | US$13.1b | -US$211,110,296.00 | 57.4x | -380.2x | 6.1x |
| Mon, 15 Sep 2025 | US$77.9b | US$13.2b | -US$266,647,296.00 | 56.6x | -292.2x | 5.9x |
| Wed, 13 Aug 2025 | US$75.2b | US$13.1b | -US$368,991,447.00 | 57.7x | -203.7x | 5.7x |
| Fri, 11 Jul 2025 | US$79.6b | US$13.2b | -US$1,382,394,447.00 | 54.8x | -57.6x | 6x |
| Sun, 08 Jun 2025 | US$78.7b | US$13.2b | -US$1,382,393,022.00 | 57.4x | -56.9x | 5.9x |
| Tue, 06 May 2025 | US$71.2b | US$13.2b | -US$1,331,157,959.00 | 74.2x | -53.5x | 5.4x |
| Thu, 03 Apr 2025 | US$67.1b | US$13.2b | -US$1,421,453,089.00 | 54x | -47.2x | 5.1x |
| Sat, 01 Mar 2025 | US$71.0b | US$13.1b | -US$1,576,934,514.00 | 65.7x | -45x | 5.4x |
| Mon, 27 Jan 2025 | US$69.2b | US$12.9b | -US$1,638,054,514.00 | 57.6x | -42.3x | 5.4x |
| Wed, 25 Dec 2024 | US$67.3b | US$12.9b | -US$1,636,315,514.00 | 55.1x | -41.1x | 5.2x |
| Fri, 22 Nov 2024 | US$62.7b | US$12.8b | -US$1,712,768,248.00 | 54x | -36.6x | 4.9x |
| Sun, 20 Oct 2024 | US$66.3b | US$13.9b | -US$3,264,548,151.00 | 54.3x | -20.3x | 4.8x |
| Tue, 17 Sep 2024 | US$66.2b | US$14.0b | -US$3,302,096,821.00 | 55.5x | -20x | 4.7x |
| Thu, 15 Aug 2024 | US$59.4b | US$13.9b | -US$3,383,912,571.00 | 50.9x | -17.6x | 4.3x |
| Sat, 13 Jul 2024 | US$57.4b | US$13.7b | -US$1,860,692,542.00 | 51.8x | -30.9x | 4.2x |
| Mon, 10 Jun 2024 | US$58.3b | US$13.7b | -US$1,889,950,216.00 | 47.3x | -30.9x | 4.3x |
| Wed, 08 May 2024 | US$58.6b | US$12.7b | -US$1,482,474,679.00 | 46.6x | -39.6x | 4.6x |
| Fri, 05 Apr 2024 | US$61.1b | US$12.7b | -US$1,616,515,745.00 | 52.6x | -37.8x | 4.8x |
| Sun, 03 Mar 2024 | US$64.0b | US$14.1b | -US$1,435,324,794.00 | 50.8x | -44.6x | 4.5x |
| Tue, 30 Jan 2024 | US$73.4b | US$18.3b | -US$5,780,316,752.00 | 60.6x | -12.7x | 4x |
| Thu, 28 Dec 2023 | US$72.6b | US$18.3b | -US$5,781,192,665.00 | 59.6x | -12.6x | 4x |
| Sat, 25 Nov 2023 | US$65.9b | US$18.2b | -US$5,807,346,665.00 | 52.5x | -11.4x | 3.6x |
| Mon, 23 Oct 2023 | US$68.2b | US$18.0b | -US$5,559,240,965.00 | 52.9x | -12.3x | 3.8x |
| Wed, 20 Sep 2023 | US$71.2b | US$18.0b | -US$5,514,972,389.00 | 50.8x | -12.9x | 4x |
| Fri, 18 Aug 2023 | US$71.0b | US$17.9b | -US$5,552,073,447.00 | 54.4x | -12.8x | 4x |
| Sun, 16 Jul 2023 | US$80.2b | US$17.7b | -US$8,580,548,318.00 | 62.8x | -9.3x | 4.5x |
| Tue, 13 Jun 2023 | US$74.0b | US$17.7b | -US$8,580,932,209.00 | 60.3x | -8.6x | 4.2x |
-8.6x
How does U.S. Healthtech compare with similar industries?
| US Market | -0.11% | |
| Healthcare | 0.24% | |
| Healthtech | 5.10% | |
| Healthtech | 5.10% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HCAT Health Catalyst | US$1.93 | 39.9% +US$40.6m | -52.9% | PS0.5x | |
| EVH Evolent Health | US$4.22 | 6.8% +US$30.4m | -49.3% | PS0.3x | |
| LFMD LifeMD | US$4.89 | 14.3% +US$29.5m | -61.6% | PS1.2x | |
| WAY Waystar Holding | US$20.00 | 0.5% +US$17.3m | -51.4% | PE30.4x | |
| CTEV Claritev | US$25.84 | 2.9% +US$12.3m | -34.7% | PS0.5x |