U.S. Healthtech Industry Analysis
UpdatedMay 23, 2024
DataAggregated Company Financials
Companies68
- 7D-0.4%
- 3M-9.2%
- 1Y-1.8%
- YTD-4.8%
Last week, the Healthtech industry hasn't moved much but Doximity is up 18% in that time. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the U.S. Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 May 2024 | US$58.6b | US$12.7b | -US$1,960,913,856.00 | 46.5x | -29.9x | 4.6x |
| Sat, 20 Apr 2024 | US$57.2b | US$12.7b | -US$1,620,331,315.00 | 46.5x | -35.3x | 4.5x |
| Mon, 18 Mar 2024 | US$64.0b | US$14.3b | -US$1,456,096,316.00 | 48.8x | -44x | 4.5x |
| Wed, 14 Feb 2024 | US$62.7b | US$13.8b | -US$5,675,716,752.00 | 60.8x | -11x | 4.5x |
| Fri, 12 Jan 2024 | US$71.7b | US$18.3b | -US$5,780,492,665.00 | 58x | -12.4x | 3.9x |
| Sun, 10 Dec 2023 | US$65.4b | US$18.3b | -US$5,772,419,665.00 | 52.1x | -11.3x | 3.6x |
| Tue, 07 Nov 2023 | US$68.0b | US$18.3b | -US$5,826,216,881.00 | 51.7x | -11.7x | 3.7x |
| Thu, 05 Oct 2023 | US$69.4b | US$18.0b | -US$5,559,240,965.00 | 52.5x | -12.5x | 3.8x |
| Sat, 02 Sep 2023 | US$75.3b | US$18.0b | -US$5,525,678,389.00 | 51.2x | -13.6x | 4.2x |
| Mon, 31 Jul 2023 | US$78.8b | US$17.8b | -US$5,538,206,318.00 | 62.2x | -14.2x | 4.4x |
| Wed, 28 Jun 2023 | US$75.8b | US$17.7b | -US$8,580,509,261.00 | 62.9x | -8.8x | 4.3x |
| Fri, 26 May 2023 | US$68.7b | US$17.7b | -US$8,622,664,320.00 | 57.7x | -8x | 3.9x |
| Sun, 23 Apr 2023 | US$75.6b | US$17.4b | -US$14,978,330,855.00 | 60x | -5.1x | 4.3x |
| Tue, 21 Mar 2023 | US$71.2b | US$17.7b | -US$15,404,092,854.00 | 52.8x | -4.6x | 4x |
| Thu, 16 Feb 2023 | US$75.2b | US$17.6b | -US$10,825,346,563.00 | 55.6x | -6.9x | 4.3x |
| Sat, 14 Jan 2023 | US$71.0b | US$17.5b | -US$10,803,491,310.00 | 45.7x | -6.6x | 4.1x |
| Mon, 12 Dec 2022 | US$72.0b | US$17.5b | -US$10,606,433,310.00 | 49.8x | -6.8x | 4.1x |
| Wed, 09 Nov 2022 | US$67.5b | US$17.4b | -US$10,579,915,342.00 | 32.3x | -6.4x | 3.9x |
| Fri, 07 Oct 2022 | US$72.5b | US$17.1b | -US$10,593,627,342.00 | 31.6x | -6.8x | 4.2x |
| Sun, 04 Sep 2022 | US$74.6b | US$17.1b | -US$10,568,104,342.00 | 33.2x | -7.1x | 4.4x |
| Tue, 02 Aug 2022 | US$96.1b | US$17.5b | -US$10,942,044,421.00 | 47.1x | -8.8x | 5.5x |
| Thu, 30 Jun 2022 | US$117.3b | US$23.2b | -US$7,415,282,621.00 | 50.9x | -15.8x | 5x |
| Sat, 28 May 2022 | US$116.6b | US$23.2b | -US$7,359,237,621.00 | 49x | -15.8x | 5x |
| Mon, 25 Apr 2022 | US$131.2b | US$23.8b | -US$823,593,303.00 | 65.7x | -159.3x | 5.5x |
| Wed, 23 Mar 2022 | US$141.8b | US$23.9b | -US$869,737,328.00 | 83x | -163.1x | 5.9x |
| Fri, 18 Feb 2022 | US$152.4b | US$23.9b | -US$1,703,521,715.00 | 90.3x | -89.5x | 6.4x |
| Sun, 16 Jan 2022 | US$156.4b | US$23.7b | -US$1,729,195,532.00 | 92.6x | -90.4x | 6.6x |
| Tue, 14 Dec 2021 | US$168.9b | US$23.1b | -US$1,291,880,240.00 | 97.6x | -130.7x | 7.3x |
| Thu, 11 Nov 2021 | US$203.0b | US$22.9b | -US$1,341,755,766.00 | 113x | -151.3x | 8.9x |
| Sat, 09 Oct 2021 | US$188.8b | US$22.1b | -US$1,254,921,150.00 | 105.8x | -150.5x | 8.6x |
| Mon, 06 Sep 2021 | US$197.2b | US$21.9b | -US$1,313,886,449.04 | 92.8x | -150.1x | 9x |
| Wed, 04 Aug 2021 | US$188.7b | US$21.9b | -US$1,229,889,348.31 | 94.4x | -153.4x | 8.6x |
Price to Earnings Ratio
-122.2x
Current Industry PE
- Investors are pessimistic on the American Healthcare Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have deteriorated over the last three years.
- Revenues have also declined 14% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Trends
Which industries have driven the changes within the U.S. Healthcare industry?
| US Market | -0.19% | |
| Healthcare | -0.012% | |
| Healthtech | -0.38% | |
| Healthtech | -0.38% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DOCS Doximity | US$28.03 | 17.5% +US$779.8m | -9.6% | PE35.4x | |
| CERT Certara | US$16.92 | 6.3% +US$160.8m | -20.7% | PS7.5x | |
| SHCR Sharecare | US$0.86 | 9.9% +US$28.1m | -39.7% | PS0.7x | |
| MPLN MultiPlan | US$0.66 | 5.0% +US$20.1m | -48.4% | PS0.4x | |
| DH Definitive Healthcare | US$5.66 | 2.9% +US$18.9m | -40.3% | PS2.6x |
