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U.S. Market Analysis & Valuation

UpdatedJul 23, 2026
DataAggregated Company Financials
Companies7774
  • 7D-1.4%
  • 3M4.3%
  • 1Y16.4%
  • YTD7.2%

Over the last 7 days, the market has dropped 1.4%, driven by a pullback of 7.9% in the Communication Services sector. In contrast, the Energy sector has actually gained 4.9%. In contrast to the last week, the market is actually up 16% over the past year. Earnings are forecast to grow by 18% annually.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 Jul 2026US$75.3tUS$24.4tUS$2.5t19.1x29.9x3.1x
Sun, 21 Jun 2026US$76.3tUS$24.3tUS$2.5t18.7x30.9x3.1x
Tue, 19 May 2026US$72.1tUS$24.2tUS$2.4t18.5x29.8x3x
Thu, 16 Apr 2026US$73.4tUS$23.7tUS$2.3t19.5x31.8x3.1x
Sat, 14 Mar 2026US$69.9tUS$23.7tUS$2.3t18.4x30.4x3x
Mon, 09 Feb 2026US$72.9tUS$23.5tUS$2.3t19.5x31.7x3.1x
Wed, 07 Jan 2026US$72.5tUS$23.2tUS$2.3t19.2x31.7x3.1x
Fri, 05 Dec 2025US$71.9tUS$23.1tUS$2.3t18.7x31.5x3.1x
Sun, 02 Nov 2025US$71.9tUS$23.0tUS$2.3t18.2x31.6x3.1x
Tue, 30 Sep 2025US$70.2tUS$22.9tUS$2.2t19.1x32.1x3.1x
Thu, 28 Aug 2025US$68.0tUS$23.0tUS$2.2t19.3x31.5x3x
Sat, 26 Jul 2025US$66.6tUS$22.6tUS$2.1t18.8x31.5x2.9x
Mon, 23 Jun 2025US$62.3tUS$22.5tUS$2.1t17.7x29.7x2.8x
Wed, 21 May 2025US$62.1tUS$22.4tUS$2.1t18.1x29.7x2.8x
Fri, 18 Apr 2025US$54.6tUS$21.9tUS$2.1t16.3x26.3x2.5x
Sun, 16 Mar 2025US$58.7tUS$21.9tUS$2.0t17.3x28.7x2.7x
Tue, 11 Feb 2025US$63.5tUS$21.8tUS$2.0t18.5x31.2x2.9x
Thu, 09 Jan 2025US$62.1tUS$22.0tUS$1.9t18.5x32.1x2.8x
Sat, 07 Dec 2024US$64.2tUS$22.0tUS$1.9t19.3x33.2x2.9x
Mon, 04 Nov 2024US$59.6tUS$21.8tUS$1.9t18x32x2.7x
Wed, 02 Oct 2024US$59.7tUS$21.6tUS$1.9t18.3x32x2.8x
Fri, 30 Aug 2024US$57.6tUS$21.5tUS$1.9t18.1x31.1x2.7x
Sun, 28 Jul 2024US$56.9tUS$21.4tUS$1.9t18x30.6x2.7x
Tue, 25 Jun 2024US$56.5tUS$21.3tUS$1.8t16.7x30.7x2.6x
Thu, 23 May 2024US$55.2tUS$21.2tUS$1.8t17.4x30.5x2.6x
Sat, 20 Apr 2024US$52.1tUS$21.2tUS$1.8t16.3x28.2x2.5x
Mon, 18 Mar 2024US$53.3tUS$21.1tUS$1.8t16.5x28.9x2.5x
Wed, 14 Feb 2024US$51.5tUS$21.0tUS$1.8t16.1x28.7x2.4x
Fri, 12 Jan 2024US$50.2tUS$21.0tUS$1.8t16.7x28.5x2.4x
Sun, 10 Dec 2023US$47.9tUS$21.0tUS$1.8t16.3x27.3x2.3x
Tue, 07 Nov 2023US$45.6tUS$21.0tUS$1.7t15.4x26.6x2.2x
Thu, 05 Oct 2023US$45.2tUS$21.0tUS$1.7t15x26.4x2.2x
Sat, 02 Sep 2023US$47.6tUS$21.0tUS$1.7t15.9x27.8x2.3x
Mon, 31 Jul 2023US$48.6tUS$21.0tUS$1.7t15.9x29.2x2.3x
Price to Earnings Ratio

29.2x


Total Market Cap: US$48.6tTotal Earnings: US$1.7tTotal Revenue: US$21.0tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Market Price to Earnings3Y Average 30.2x202420252026
Current Market PE
  • Investors are relatively neutral on the American market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 30.2x.
Past Earnings Growth
  • The earnings for American listed companies have grown 15% per year over the last three years.
  • Revenues for these companies have grown 5.2% 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 Market-1.35%
Energy4.87%
Utilities1.51%
Real Estate1.17%
Materials1.12%
Healthcare-0.13%
Consumer Staples-0.15%
Tech-0.21%
Industrials-0.71%
Financials-1.01%
Consumer Discretionary-3.26%
Telecom-7.94%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 65.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 18.3%, which is higher than its past year's earnings growth of 13.3% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 17.6x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 8.2% 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
MU Micron TechnologyUS$990.2116.1%
+US$154.7b		786.3%PE22.2xTech
AVGO BroadcomUS$392.714.9%
+US$86.9b		36.0%PE63.7xTech
AMD Advanced Micro DevicesUS$539.697.7%
+US$63.2b		232.9%PE178.4xTech
XOM ExxonMobil HoldingsUS$156.897.5%
+US$45.3b		41.6%PE25.7xEnergy
STX Seagate Technology HoldingsUS$913.3622.5%
+US$38.0b		498.0%PE86.9xTech
See more

Market Insights

Header cover image
Healthcare just hit its lowest market weight since 1994. But dig deeper into the sector, and the collapse starts to look like a costume in some ways.
Continue reading
A brand’s strength doesn’t always last

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