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U.S. Healthtech Industry Analysis
UpdatedSep 14, 2024
DataAggregated Company Financials
Companies66
- 7D1.5%
- 3M13.7%
- 1Y0.3%
- YTD1.9%
The Healthtech industry is up 1.5% in the last week, with Doximity up 8.2%. The industry has been flat over the past 12 months despite the gain this week. As for the next few years, earnings are expected to grow by 31% 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, 15 Sep 2024 | US$66.1b | US$14.0b | -US$3,302,096,821.00 | 55.8x | -20x | 4.7x |
| Tue, 13 Aug 2024 | US$58.9b | US$13.9b | -US$3,382,681,571.00 | 50.4x | -17.4x | 4.2x |
| Thu, 11 Jul 2024 | US$56.1b | US$13.7b | -US$1,860,692,542.00 | 50.3x | -30.2x | 4.1x |
| Sat, 08 Jun 2024 | US$59.1b | US$13.7b | -US$1,889,950,216.00 | 47.3x | -31.3x | 4.3x |
| Mon, 06 May 2024 | US$58.0b | US$12.7b | -US$1,488,470,679.00 | 48.4x | -39x | 4.6x |
| Wed, 03 Apr 2024 | US$64.1b | US$12.7b | -US$1,616,370,745.00 | 51.7x | -39.7x | 5x |
| Fri, 01 Mar 2024 | US$64.0b | US$14.0b | -US$1,928,063,794.00 | 54.3x | -33.2x | 4.6x |
| Sun, 28 Jan 2024 | US$73.4b | US$18.3b | -US$5,780,316,752.00 | 59.3x | -12.7x | 4x |
| Tue, 26 Dec 2023 | US$72.1b | US$18.3b | -US$5,781,192,665.00 | 58.8x | -12.5x | 3.9x |
| Thu, 23 Nov 2023 | US$65.5b | US$18.2b | -US$5,952,254,939.00 | 52.5x | -11x | 3.6x |
| Sat, 21 Oct 2023 | US$68.3b | US$18.0b | -US$5,559,240,965.00 | 52.9x | -12.3x | 3.8x |
| Mon, 18 Sep 2023 | US$71.6b | US$18.0b | -US$5,514,972,389.00 | 51.8x | -13x | 4x |
| Wed, 16 Aug 2023 | US$71.8b | US$17.9b | -US$5,551,920,955.00 | 56.8x | -12.9x | 4x |
| Fri, 14 Jul 2023 | US$80.0b | US$17.7b | -US$8,580,548,318.00 | 62.5x | -9.3x | 4.5x |
| Sun, 11 Jun 2023 | US$72.9b | US$17.7b | -US$8,580,932,209.00 | 59.7x | -8.5x | 4.1x |
| Tue, 09 May 2023 | US$71.9b | US$17.6b | -US$8,608,911,925.00 | 58.2x | -8.3x | 4.1x |
| Thu, 06 Apr 2023 | US$71.8b | US$17.4b | -US$14,931,912,445.00 | 54.5x | -4.8x | 4.1x |
| Sat, 04 Mar 2023 | US$75.0b | US$17.7b | -US$15,417,568,105.00 | 56.7x | -4.9x | 4.2x |
| Mon, 30 Jan 2023 | US$73.0b | US$17.5b | -US$10,800,869,310.00 | 48.8x | -6.8x | 4.2x |
| Wed, 28 Dec 2022 | US$66.9b | US$35.5b | -US$8,691,192,310.00 | 33.8x | -7.7x | 1.9x |
| Fri, 25 Nov 2022 | US$72.8b | US$17.4b | -US$10,605,197,310.00 | 45.2x | -6.9x | 4.2x |
| Sun, 23 Oct 2022 | US$65.6b | US$17.1b | -US$10,593,627,342.00 | 28x | -6.2x | 3.8x |
| Tue, 20 Sep 2022 | US$74.2b | US$17.1b | -US$10,593,627,342.00 | 31.7x | -7x | 4.3x |
| Thu, 18 Aug 2022 | US$86.8b | US$17.0b | -US$10,450,720,342.00 | 35.1x | -8.3x | 5.1x |
| Sat, 16 Jul 2022 | US$92.1b | US$17.4b | -US$7,974,433,542.00 | 62.6x | -11.6x | 5.3x |
| Mon, 13 Jun 2022 | US$113.1b | US$23.2b | -US$7,415,282,621.00 | 48.2x | -15.3x | 4.9x |
| Wed, 11 May 2022 | US$106.6b | US$22.8b | -US$7,309,595,919.00 | 51.4x | -14.6x | 4.7x |
| Fri, 08 Apr 2022 | US$139.9b | US$23.4b | -US$645,602,428.00 | 73.7x | -216.7x | 6x |
| Sun, 06 Mar 2022 | US$134.8b | US$23.6b | -US$573,336,298.00 | 78.4x | -235.2x | 5.7x |
| Tue, 01 Feb 2022 | US$153.7b | US$23.7b | -US$1,724,466,532.00 | 95.7x | -89.1x | 6.5x |
| Thu, 30 Dec 2021 | US$168.5b | US$23.3b | -US$1,605,286,566.00 | 100.1x | -104.9x | 7.2x |
| Sat, 27 Nov 2021 | US$175.6b | US$23.0b | -US$1,126,772,240.00 | 104.7x | -155.9x | 7.6x |
| Mon, 25 Oct 2021 | US$196.9b | US$22.1b | -US$1,254,921,150.00 | 91.3x | -156.9x | 8.9x |
| Wed, 22 Sep 2021 | US$198.6b | US$22.0b | -US$1,255,851,452.00 | 108x | -158.1x | 9x |
Price to Earnings Ratio
-158.1x
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 | 4.18% | |
| Healthcare | 2.06% | |
| Healthtech | 1.53% | |
| Healthtech | 1.53% | |
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$39.32 | 8.2% +US$553.3m | 85.3% | PE45.5x | |
| VEEV Veeva Systems | US$217.95 | 1.0% +US$333.6m | 4.3% | PE57.4x | |
| TDOC Teladoc Health | US$8.09 | 7.7% +US$99.3m | -61.8% | PS0.5x | |
| HCAT Health Catalyst | US$8.44 | 15.8% +US$69.5m | -18.9% | PS1.7x | |
| PHR Phreesia | US$24.69 | 4.8% +US$65.9m | 23.7% | PS3.7x |
