U.S. Healthtech Industry Analysis
UpdatedJun 03, 2024
DataAggregated Company Financials
Companies67
- 7D-8.5%
- 3M-17.8%
- 1Y-20.3%
- YTD-14.0%
Over the last 7 days, the Healthtech industry has dropped 8.5%, driven by Veeva Systems declining 15%. On the other hand GoodRx Holdings is actually up 10%. However, the industry is down 20% over the past year. 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 |
|---|---|---|---|---|---|---|
| Mon, 03 Jun 2024 | US$52.7b | US$12.7b | -US$1,885,422,856.00 | 46.6x | -28x | 4.1x |
| Wed, 01 May 2024 | US$57.1b | US$12.7b | -US$1,630,193,679.00 | 45.4x | -35x | 4.5x |
| Fri, 29 Mar 2024 | US$65.3b | US$14.3b | -US$1,512,777,253.00 | 50.5x | -43.1x | 4.6x |
| Sun, 25 Feb 2024 | US$63.3b | US$14.0b | -US$1,904,502,794.00 | 53.4x | -33.3x | 4.5x |
| Tue, 23 Jan 2024 | US$74.2b | US$18.3b | -US$5,780,316,752.00 | 59.5x | -12.8x | 4.1x |
| Thu, 21 Dec 2023 | US$70.3b | US$18.3b | -US$5,781,192,665.00 | 54.9x | -12.2x | 3.8x |
| Sat, 18 Nov 2023 | US$65.4b | US$18.2b | -US$5,940,504,804.00 | 52.5x | -11x | 3.6x |
| Mon, 16 Oct 2023 | US$71.2b | US$18.0b | -US$5,559,240,965.00 | 53.4x | -12.8x | 3.9x |
| Wed, 13 Sep 2023 | US$75.3b | US$18.0b | -US$5,515,729,389.00 | 48.9x | -13.7x | 4.2x |
| Fri, 11 Aug 2023 | US$73.4b | US$17.9b | -US$5,560,084,123.00 | 62.1x | -13.2x | 4.1x |
| Sun, 09 Jul 2023 | US$74.8b | US$17.7b | -US$8,580,548,318.00 | 59.9x | -8.7x | 4.2x |
| Tue, 06 Jun 2023 | US$75.5b | US$17.7b | -US$8,580,932,209.00 | 60.4x | -8.8x | 4.3x |
| Thu, 04 May 2023 | US$72.1b | US$17.5b | -US$8,375,483,855.00 | 57.4x | -8.6x | 4.1x |
| Sat, 01 Apr 2023 | US$74.1b | US$17.7b | -US$15,357,191,580.00 | 56.4x | -4.8x | 4.2x |
| Mon, 27 Feb 2023 | US$71.3b | US$17.8b | -US$14,629,243,563.00 | 52.3x | -4.9x | 4x |
| Wed, 25 Jan 2023 | US$71.0b | US$17.5b | -US$10,803,491,310.00 | 45.9x | -6.6x | 4.1x |
| Fri, 23 Dec 2022 | US$69.4b | US$35.5b | -US$8,691,192,310.00 | 34.8x | -8x | 2x |
| Sun, 20 Nov 2022 | US$71.7b | US$17.4b | -US$10,608,466,608.00 | 44.3x | -6.8x | 4.1x |
| Tue, 18 Oct 2022 | US$63.8b | US$17.1b | -US$10,593,627,342.00 | 27x | -6x | 3.7x |
| Thu, 15 Sep 2022 | US$76.6b | US$17.1b | -US$10,593,627,342.00 | 33.3x | -7.2x | 4.5x |
| Sat, 13 Aug 2022 | US$89.6b | US$17.0b | -US$10,464,310,994.00 | 37.5x | -8.6x | 5.3x |
| Mon, 11 Jul 2022 | US$122.6b | US$23.2b | -US$7,414,982,621.00 | 54.4x | -16.5x | 5.3x |
| Wed, 08 Jun 2022 | US$118.0b | US$23.2b | -US$7,414,957,621.00 | 50.4x | -15.9x | 5.1x |
| Fri, 06 May 2022 | US$122.3b | US$24.2b | -US$7,297,035,198.00 | 66.8x | -16.8x | 5.1x |
| Sun, 03 Apr 2022 | US$144.4b | US$23.4b | -US$645,602,428.00 | 78.3x | -223.7x | 6.2x |
| Tue, 01 Mar 2022 | US$157.7b | US$24.2b | -US$885,213,262.00 | 79.1x | -178.1x | 6.5x |
| Thu, 27 Jan 2022 | US$145.6b | US$23.7b | -US$1,724,466,532.00 | 93.4x | -84.4x | 6.1x |
| Sat, 25 Dec 2021 | US$171.2b | US$23.3b | -US$1,593,453,566.00 | 102.4x | -107.5x | 7.3x |
| Mon, 22 Nov 2021 | US$184.0b | US$23.0b | -US$1,113,720,605.00 | 110.8x | -165.2x | 8x |
| Wed, 20 Oct 2021 | US$196.1b | US$22.1b | -US$1,254,921,150.00 | 89.9x | -156.3x | 8.9x |
| Fri, 17 Sep 2021 | US$200.1b | US$22.0b | -US$1,255,851,452.00 | 107.8x | -159.3x | 9.1x |
| Sun, 15 Aug 2021 | US$189.1b | US$21.9b | -US$1,229,889,348.31 | 94.4x | -153.8x | 8.6x |
| Thu, 10 Jun 2021 | US$165.1b | US$20.3b | -US$1,350,712,571.31 | 90x | -122.2x | 8.1x |
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 5.2x is higher than the industry's current PS ratio of 4.1x.
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 | -0.62% | |
| Healthcare | -0.65% | |
| Healthtech | -8.54% | |
| Healthtech | -8.54% | |
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 | |
|---|---|---|---|---|---|
| GDRX GoodRx Holdings | US$7.87 | 10.2% +US$273.9m | 46.0% | PS3.9x | |
| CERT Certara | US$16.95 | 1.3% +US$35.4m | -20.7% | PS7.6x | |
| LFMD LifeMD | US$8.25 | 5.2% +US$17.3m | 278.4% | PS2.1x | |
| SOPH SOPHiA GENETICS | US$4.99 | 5.5% +US$17.0m | 19.4% | PS5.1x | |
| HSTM HealthStream | US$27.29 | 0.8% +US$6.4m | 16.1% | PE46.6x |
