U.S. Healthtech Industry Analysis
UpdatedJun 16, 2024
DataAggregated Company Financials
Companies67
- 7D-0.6%
- 3M-15.5%
- 1Y-18.7%
- YTD-10.5%
The Healthtech industry has been flat over the last week, but Certara has lost 12%. As for the longer term, the industry has declined 19% in the last year. As for the next few years, earnings are expected to grow by 27% per annum.
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, 17 Jun 2024 | US$58.0b | US$13.7b | -US$1,889,788,216.00 | 47.2x | -30.7x | 4.2x |
| Wed, 15 May 2024 | US$56.8b | US$12.8b | -US$1,993,178,215.00 | 49.3x | -28.5x | 4.5x |
| Fri, 12 Apr 2024 | US$60.7b | US$12.7b | -US$1,616,515,745.00 | 50.4x | -37.6x | 4.8x |
| Sun, 10 Mar 2024 | US$64.8b | US$14.1b | -US$1,445,414,794.00 | 50.5x | -44.8x | 4.6x |
| Tue, 06 Feb 2024 | US$60.0b | US$13.8b | -US$5,690,204,752.00 | 58x | -10.5x | 4.4x |
| Thu, 04 Jan 2024 | US$69.8b | US$18.3b | -US$5,781,192,665.00 | 52.8x | -12.1x | 3.8x |
| Sat, 02 Dec 2023 | US$65.0b | US$18.2b | -US$5,807,346,665.00 | 53.2x | -11.2x | 3.6x |
| Mon, 30 Oct 2023 | US$64.6b | US$18.1b | -US$5,527,928,965.00 | 48.8x | -11.7x | 3.6x |
| Wed, 27 Sep 2023 | US$68.5b | US$18.0b | -US$5,514,972,389.00 | 50.7x | -12.4x | 3.8x |
| Fri, 25 Aug 2023 | US$69.0b | US$17.9b | -US$5,554,149,562.00 | 50.4x | -12.4x | 3.8x |
| Sun, 23 Jul 2023 | US$78.2b | US$17.7b | -US$8,580,548,318.00 | 60.9x | -9.1x | 4.4x |
| Tue, 20 Jun 2023 | US$76.1b | US$17.7b | -US$8,581,046,209.00 | 62.9x | -8.9x | 4.3x |
| Thu, 18 May 2023 | US$69.0b | US$17.7b | -US$8,627,082,320.00 | 58.2x | -8x | 3.9x |
| Sat, 15 Apr 2023 | US$73.0b | US$17.4b | -US$14,978,932,055.00 | 57x | -4.9x | 4.2x |
| Mon, 13 Mar 2023 | US$68.5b | US$17.7b | -US$15,404,160,403.00 | 51x | -4.4x | 3.9x |
| Wed, 08 Feb 2023 | US$75.6b | US$17.5b | -US$10,804,200,563.00 | 53.8x | -7x | 4.3x |
| Fri, 06 Jan 2023 | US$93.5b | US$35.5b | -US$8,889,491,310.00 | 32.9x | -10.5x | 2.6x |
| Sun, 04 Dec 2022 | US$73.1b | US$17.5b | -US$10,602,609,310.00 | 49.5x | -6.9x | 4.2x |
| Tue, 01 Nov 2022 | US$70.5b | US$17.2b | -US$10,559,547,342.00 | 35.6x | -6.7x | 4.1x |
| Thu, 29 Sep 2022 | US$72.1b | US$17.1b | -US$10,593,627,342.00 | 32.3x | -6.8x | 4.2x |
| Sat, 27 Aug 2022 | US$82.1b | US$17.0b | -US$10,549,847,342.00 | 33.6x | -7.8x | 4.8x |
| Mon, 25 Jul 2022 | US$94.0b | US$17.4b | -US$7,974,433,542.00 | 61.8x | -11.8x | 5.4x |
| Wed, 22 Jun 2022 | US$112.5b | US$23.2b | -US$7,415,282,621.00 | 49.1x | -15.2x | 4.8x |
| Fri, 20 May 2022 | US$107.5b | US$23.1b | -US$7,364,921,621.00 | 46.8x | -14.6x | 4.7x |
| Sun, 17 Apr 2022 | US$135.8b | US$23.4b | -US$644,404,428.00 | 69.1x | -210.8x | 5.8x |
| Tue, 15 Mar 2022 | US$126.3b | US$23.9b | -US$947,141,328.00 | 74x | -133.4x | 5.3x |
| Thu, 10 Feb 2022 | US$161.7b | US$23.9b | -US$1,691,867,995.00 | 93.6x | -95.6x | 6.8x |
| Sat, 08 Jan 2022 | US$158.4b | US$23.7b | -US$1,728,458,566.00 | 97.4x | -91.7x | 6.7x |
| Mon, 06 Dec 2021 | US$163.8b | US$23.1b | -US$1,128,180,240.00 | 95.8x | -145.2x | 7.1x |
| Wed, 03 Nov 2021 | US$206.0b | US$22.5b | -US$1,693,385,210.00 | 114.3x | -121.7x | 9.2x |
| Fri, 01 Oct 2021 | US$188.0b | US$22.1b | -US$1,254,348,257.00 | 104.2x | -149.9x | 8.5x |
| Sun, 29 Aug 2021 | US$192.1b | US$21.9b | -US$1,229,889,348.31 | 83.7x | -156.2x | 8.8x |
| Mon, 05 Jul 2021 | US$186.1b | US$21.8b | -US$1,188,198,161.31 | 94.7x | -156.6x | 8.5x |
Price to Earnings Ratio
-156.6x
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 4.2x.
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 | 1.25% | |
| Healthcare | -0.40% | |
| Healthtech | -0.56% | |
| Healthtech | -0.56% | |
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 | |
|---|---|---|---|---|---|
| VEEV Veeva Systems | US$184.70 | 0.9% +US$252.2m | -7.7% | PE53.7x | |
| WAY Waystar Holding | US$22.00 | 6.3% +US$217.6m | n/a | PS4.5x | |
| DOCS Doximity | US$29.86 | 1.3% +US$72.3m | -8.2% | PE37.5x | |
| LFMD LifeMD | US$7.92 | 5.0% +US$16.1m | 135.0% | PS2x | |
| MPLN MultiPlan | US$0.44 | 5.6% +US$15.0m | -76.7% | PS0.3x |
