U.S. Healthtech Industry Analysis
UpdatedAug 25, 2024
DataAggregated Company Financials
Companies65
- 7D4.9%
- 3M1.7%
- 1Y-1.7%
- YTD-2.5%
Over the last 7 days, the Healthtech industry has risen 4.9%, driven by gains from Veeva Systems of 3.5%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 32% 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 |
|---|---|---|---|---|---|---|
| Sun, 25 Aug 2024 | US$63.0b | US$13.9b | -US$3,379,735,604.00 | 59x | -18.6x | 4.5x |
| Tue, 23 Jul 2024 | US$58.1b | US$13.7b | -US$1,860,692,542.00 | 53.4x | -31.2x | 4.3x |
| Thu, 20 Jun 2024 | US$56.1b | US$13.7b | -US$1,889,788,216.00 | 47.1x | -29.7x | 4.1x |
| Sat, 18 May 2024 | US$58.5b | US$12.8b | -US$1,973,252,856.00 | 46.7x | -29.7x | 4.6x |
| Mon, 15 Apr 2024 | US$59.5b | US$12.7b | -US$1,616,515,745.00 | 48.4x | -36.8x | 4.7x |
| Wed, 13 Mar 2024 | US$64.8b | US$14.2b | -US$1,469,117,036.00 | 49.7x | -44.1x | 4.6x |
| Fri, 09 Feb 2024 | US$62.2b | US$13.8b | -US$5,690,204,752.00 | 61.2x | -10.9x | 4.5x |
| Sun, 07 Jan 2024 | US$69.9b | US$18.3b | -US$5,780,492,665.00 | 52.7x | -12.1x | 3.8x |
| Tue, 05 Dec 2023 | US$66.7b | US$18.2b | -US$5,807,346,665.00 | 53.2x | -11.5x | 3.7x |
| Thu, 02 Nov 2023 | US$65.5b | US$18.1b | -US$5,527,928,965.00 | 48.7x | -11.8x | 3.6x |
| Sat, 30 Sep 2023 | US$69.5b | US$18.0b | -US$5,514,972,389.00 | 51.5x | -12.6x | 3.9x |
| Mon, 28 Aug 2023 | US$69.5b | US$17.9b | -US$5,546,705,389.00 | 51.9x | -12.5x | 3.9x |
| Wed, 26 Jul 2023 | US$76.3b | US$17.7b | -US$8,574,490,318.00 | 60.5x | -8.9x | 4.3x |
| Fri, 23 Jun 2023 | US$76.1b | US$17.7b | -US$8,580,509,261.00 | 62.5x | -8.9x | 4.3x |
| Sun, 21 May 2023 | US$68.8b | US$17.7b | -US$8,622,664,320.00 | 58.8x | -8x | 3.9x |
| Tue, 18 Apr 2023 | US$73.3b | US$17.4b | -US$14,978,932,055.00 | 57.4x | -4.9x | 4.2x |
| Thu, 16 Mar 2023 | US$70.7b | US$17.7b | -US$15,403,781,855.00 | 52.1x | -4.6x | 4x |
| Sat, 11 Feb 2023 | US$71.9b | US$17.5b | -US$10,822,839,563.00 | 51.5x | -6.6x | 4.1x |
| Mon, 09 Jan 2023 | US$66.4b | US$17.5b | -US$10,803,491,310.00 | 42.6x | -6.1x | 3.8x |
| Wed, 07 Dec 2022 | US$70.4b | US$17.5b | -US$10,602,609,310.00 | 47.2x | -6.6x | 4x |
| Fri, 04 Nov 2022 | US$67.2b | US$17.2b | -US$10,559,547,342.00 | 33.6x | -6.4x | 3.9x |
| Sun, 02 Oct 2022 | US$70.4b | US$17.1b | -US$10,593,627,342.00 | 30.8x | -6.6x | 4.1x |
| Tue, 30 Aug 2022 | US$81.0b | US$17.0b | -US$10,549,847,342.00 | 33.5x | -7.7x | 4.8x |
| Thu, 28 Jul 2022 | US$93.0b | US$17.4b | -US$7,975,491,542.00 | 46.8x | -11.7x | 5.3x |
| Sat, 25 Jun 2022 | US$121.8b | US$23.2b | -US$7,415,282,621.00 | 53.8x | -16.4x | 5.2x |
| Mon, 23 May 2022 | US$110.4b | US$23.1b | -US$7,364,921,621.00 | 46.1x | -15x | 4.8x |
| Wed, 20 Apr 2022 | US$137.3b | US$23.4b | -US$981,542,025.00 | 72x | -139.8x | 5.9x |
| Fri, 18 Mar 2022 | US$138.0b | US$23.9b | -US$869,737,328.00 | 82.3x | -158.7x | 5.8x |
| Sun, 13 Feb 2022 | US$155.6b | US$23.9b | -US$1,700,563,995.00 | 92.7x | -91.5x | 6.5x |
| Tue, 11 Jan 2022 | US$160.5b | US$23.7b | -US$1,728,458,566.00 | 99.3x | -92.9x | 6.8x |
| Thu, 09 Dec 2021 | US$175.4b | US$23.1b | -US$1,128,180,240.00 | 99.1x | -155.5x | 7.6x |
| Sat, 06 Nov 2021 | US$205.5b | US$22.8b | -US$1,307,734,643.00 | 111.7x | -157.1x | 9x |
| Mon, 04 Oct 2021 | US$189.1b | US$22.1b | -US$1,254,921,150.00 | 101.4x | -150.7x | 8.6x |
| Wed, 01 Sep 2021 | US$195.7b | US$21.9b | -US$1,229,889,348.31 | 103.2x | -159.1x | 8.9x |
Price to Earnings Ratio
-159.1x
Current Industry PE
- Investors are relatively neutral on the American Healthcare Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 4.9x.
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 | 1.60% | |
| Healthcare | 2.05% | |
| Healthtech | 4.88% | |
| Healthtech | 4.88% | |
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$199.25 | 3.5% +US$1.1b | 5.4% | PE57.9x | |
| EVH Evolent Health | US$32.97 | 20.4% +US$641.5m | 29.6% | PS1.6x | |
| GDRX GoodRx Holdings | US$8.23 | 14.8% +US$402.2m | 36.3% | PS4x | |
| CERT Certara | US$13.29 | 10.4% +US$201.1m | -17.6% | PS5.9x | |
| DOCS Doximity | US$36.51 | 2.1% +US$141.1m | 55.8% | PE42.2x |
