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U.S. Market Analysis & Valuation

UpdatedOct 06, 2024
DataAggregated Company Financials
Companies7429
  • 7D0.4%
  • 3M4.0%
  • 1Y32.6%
  • YTD20.0%

The Energy sector gained 6.4% while the market remained flat over the last week. As for the longer term, the market has risen 33% in the past 12 months. Earnings are forecast to grow by 15% annually.

Market Valuation and Performance

Has the U.S. Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 06 Oct 2024US$59.8tUS$21.5tUS$1.9t18.4x32x2.8x
Tue, 03 Sep 2024US$58.3tUS$21.5tUS$1.9t18.2x31.3x2.7x
Thu, 01 Aug 2024US$57.4tUS$21.4tUS$1.9t18.3x30.9x2.7x
Sat, 29 Jun 2024US$56.6tUS$21.3tUS$1.8t16.8x30.8x2.7x
Mon, 27 May 2024US$55.0tUS$21.3tUS$1.8t17.2x30.1x2.6x
Wed, 24 Apr 2024US$52.8tUS$21.2tUS$1.8t16.7x28.6x2.5x
Fri, 22 Mar 2024US$54.3tUS$21.1tUS$1.8t16.9x29.5x2.6x
Sun, 18 Feb 2024US$52.3tUS$21.0tUS$1.8t16.4x29.1x2.5x
Tue, 16 Jan 2024US$50.1tUS$21.0tUS$1.8t16.6x28.6x2.4x
Thu, 14 Dec 2023US$48.6tUS$21.0tUS$1.8t16.7x27.7x2.3x
Sat, 11 Nov 2023US$45.3tUS$21.0tUS$1.7t15.4x26.2x2.2x
Mon, 09 Oct 2023US$45.4tUS$21.0tUS$1.7t15.2x26.4x2.2x
Wed, 06 Sep 2023US$47.4tUS$20.9tUS$1.7t15.6x27.6x2.3x
Fri, 04 Aug 2023US$47.7tUS$20.9tUS$1.6t15.8x29.6x2.3x
Sun, 02 Jul 2023US$47.1tUS$21.0tUS$1.7t15.5x28.3x2.2x
Tue, 30 May 2023US$44.4tUS$21.0tUS$1.7t14.6x26.6x2.1x
Thu, 27 Apr 2023US$42.6tUS$20.6tUS$1.6t14.4x26.2x2.1x
Sat, 25 Mar 2023US$40.9tUS$20.4tUS$1.6t13.9x25.8x2x
Mon, 20 Feb 2023US$43.7tUS$20.5tUS$1.7t15.6x26.3x2.1x
Wed, 18 Jan 2023US$42.8tUS$20.5tUS$1.8t15x24x2.1x
Fri, 16 Dec 2022US$41.5tUS$20.4tUS$1.8t14.3x23.1x2x
Sun, 13 Nov 2022US$42.7tUS$20.4tUS$1.8t14.6x23.5x2.1x
Tue, 11 Oct 2022US$39.2tUS$19.9tUS$1.8t13.9x21.3x2x
Thu, 08 Sep 2022US$42.2tUS$19.8tUS$1.8t14.5x23.1x2.1x
Sat, 06 Aug 2022US$45.1tUS$19.8tUS$1.9t15.7x23.7x2.3x
Mon, 04 Jul 2022US$42.2tUS$19.5tUS$1.9t14.7x22x2.2x
Wed, 01 Jun 2022US$45.5tUS$19.5tUS$1.9t15.6x23.8x2.3x
Fri, 29 Apr 2022US$46.0tUS$18.9tUS$1.9t16.5x24.1x2.4x
Sun, 27 Mar 2022US$50.2tUS$18.7tUS$1.9t16.5x26.6x2.7x
Tue, 22 Feb 2022US$49.0tUS$18.8tUS$1.9t16.2x25.3x2.6x
Thu, 20 Jan 2022US$51.0tUS$18.5tUS$1.8t16.9x29.1x2.8x
Sat, 18 Dec 2021US$52.5tUS$18.2tUS$1.7t16.8x30.1x2.9x
Mon, 15 Nov 2021US$55.2tUS$18.1tUS$1.8t18.1x31.5x3x
Wed, 13 Oct 2021US$51.1tUS$17.4tUS$1.6t17.8x31.9x2.9x
Price to Earnings Ratio

31.9x


Total Market Cap: US$51.1tTotal Earnings: US$1.6tTotal Revenue: US$17.4tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Market Price to Earnings3Y Average 27x202220232024
Current Market PE
  • Investors are optimistic on the American market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 32.0x which is higher than its 3-year average PE of 27.0x.
Past Earnings Growth
  • The earnings for American listed companies have grown 5.2% per year over the last three years.
  • Revenues for these companies have grown 7.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the U.S. Market?

US Market0.39%
Energy6.39%
Telecom2.21%
Financials1.06%
Utilities0.83%
Industrials0.31%
Tech0.11%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Consumer Discretionary-0.44%
Healthcare-0.83%
Consumer Staples-1.17%
Real Estate-1.62%
Materials-1.88%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 57.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 21.6%, which is higher than its past year's earnings growth of 6.4% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 17.1x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings growth rate of 6.4% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 7.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
NVDA NVIDIAUS$124.922.9%
+US$86.3b
173.0%PE57.8xTech
META Meta PlatformsUS$595.945.0%
+US$72.3b
88.9%PE29.3xTelecom
XOM Exxon MobilUS$124.837.8%
+US$40.0b
16.5%PE16.2xEnergy
GOOGL AlphabetUS$167.061.9%
+US$38.3b
21.4%PE23.5xTelecom
PDD PDD HoldingsUS$154.2714.0%
+US$26.2b
46.0%PE15.3xConsumer Discretionary
See more
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Market Insights

In last week’s third-quarter review, we mentioned that financial sector stocks are showing signs of life and beginning to outperform. In the era of ‘easy money’, cloud computing, and AI, the financial sector has taken a back seat for a lot of investors...

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PG

US$168.88

Procter & Gamble

7D

-2.7%

1Y

17.2%

PDD

US$154.27

PDD Holdings

7D

14.0%

1Y

46.0%

AVGO

US$176.64

Broadcom

7D

2.3%

1Y

109.0%

AAPL

US$226.80

Apple

7D

-0.4%

1Y

27.8%

HUM

US$240.03

Humana

7D

-24.9%

1Y

-51.8%

NKE

US$82.25

NIKE

7D

-8.0%

1Y

-15.3%

TSLA

US$250.08

Tesla

7D

-4.0%

1Y

-4.0%

COP

US$114.54

ConocoPhillips

7D

9.4%

1Y

-0.7%

MRK

US$109.77

Merck

7D

-3.4%

1Y

5.7%