Header cover image

U.S. Market Analysis & Valuation

UpdatedDec 03, 2024
DataAggregated Company Financials
Companies7545
  • 7D0.7%
  • 3M11.0%
  • 1Y32.2%
  • YTD27.1%

In the last week, the market has been flat. As for the longer term, the market has risen 32% in the past 12 months. As for the next few years, earnings are expected to grow by 15% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Dec 2024US$63.7tUS$22.0tUS$1.9t19.6x33x2.9x
Thu, 31 Oct 2024US$60.5tUS$21.7tUS$1.9t18.2x32.2x2.8x
Sat, 28 Sep 2024US$59.5tUS$21.6tUS$1.9t18.3x31.9x2.8x
Mon, 26 Aug 2024US$58.1tUS$21.5tUS$1.8t18.1x31.5x2.7x
Wed, 24 Jul 2024US$57.8tUS$21.3tUS$1.8t18x31.4x2.7x
Fri, 21 Jun 2024US$56.7tUS$21.3tUS$1.8t16.7x30.9x2.7x
Sun, 19 May 2024US$55.1tUS$21.2tUS$1.8t17.5x30.4x2.6x
Tue, 16 Apr 2024US$53.2tUS$21.1tUS$1.8t16.5x28.8x2.5x
Thu, 14 Mar 2024US$53.8tUS$21.1tUS$1.8t16.6x29.2x2.6x
Sat, 10 Feb 2024US$52.3tUS$21.0tUS$1.8t16.3x29.3x2.5x
Mon, 08 Jan 2024US$49.3tUS$21.0tUS$1.8t16.7x28x2.3x
Wed, 06 Dec 2023US$47.9tUS$21.0tUS$1.8t16x27.3x2.3x
Fri, 03 Nov 2023US$44.3tUS$21.0tUS$1.7t15.2x25.8x2.1x
Sun, 01 Oct 2023US$45.3tUS$21.0tUS$1.7t15.4x26.4x2.2x
Tue, 29 Aug 2023US$46.3tUS$20.9tUS$1.7t15.6x27x2.2x
Thu, 27 Jul 2023US$48.4tUS$21.0tUS$1.7t16x28.9x2.3x
Sat, 24 Jun 2023US$45.9tUS$21.0tUS$1.7t15x27.6x2.2x
Mon, 22 May 2023US$44.2tUS$21.0tUS$1.7t14.7x26.6x2.1x
Wed, 19 Apr 2023US$43.8tUS$20.6tUS$1.6t15x27x2.1x
Fri, 17 Mar 2023US$42.0tUS$20.6tUS$1.6t14.6x25.9x2x
Sun, 12 Feb 2023US$43.8tUS$20.5tUS$1.7t15.3x25.9x2.1x
Tue, 10 Jan 2023US$41.6tUS$20.5tUS$1.8t14.6x23.2x2x
Thu, 08 Dec 2022US$41.9tUS$20.4tUS$1.8t14.4x23.3x2.1x
Sat, 05 Nov 2022US$40.3tUS$20.6tUS$2.0t14.4x20.6x2x
Mon, 03 Oct 2022US$38.9tUS$19.9tUS$1.8t13.6x21.1x2x
Wed, 31 Aug 2022US$43.2tUS$19.8tUS$1.8t15x23.7x2.2x
Fri, 29 Jul 2022US$43.4tUS$19.5tUS$1.9t15.2x22.9x2.2x
Sun, 26 Jun 2022US$43.3tUS$19.5tUS$1.9t14.7x22.6x2.2x
Tue, 24 May 2022US$43.2tUS$19.3tUS$1.9t15.1x22.6x2.2x
Thu, 21 Apr 2022US$49.3tUS$18.8tUS$1.9t17.3x25.7x2.6x
Sat, 19 Mar 2022US$50.1tUS$18.9tUS$1.9t16.3x25.8x2.7x
Mon, 14 Feb 2022US$49.8tUS$18.8tUS$1.9t16.2x26.2x2.7x
Wed, 12 Jan 2022US$53.3tUS$18.3tUS$1.7t17.3x30.6x2.9x
Fri, 10 Dec 2021US$53.6tUS$18.2tUS$1.7t17.1x30.6x2.9x
Price to Earnings Ratio

30.6x


Total Market Cap: US$53.6tTotal Earnings: US$1.7tTotal Revenue: US$18.2tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Market Price to Earnings3Y Average 27.1x202220232024
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 33.0x which is higher than its 3-year average PE of 27.1x.
Past Earnings Growth
  • The earnings for American listed companies have grown 3.3% per year over the last three years.
  • Revenues for these companies have grown 6.5% 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 Market0.74%
Telecom2.58%
Consumer Discretionary2.02%
Tech1.43%
Consumer Staples1.16%
Healthcare0.99%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Energy-0.49%
Materials-0.50%
Utilities-0.67%
Real Estate-0.68%
Financials-0.77%
Industrials-0.83%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 59.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 22.2%, which is higher than its past year's earnings growth of 13.3% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 15.5x.
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 13% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 7.3% 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
AAPL AppleUS$239.592.9%
+US$101.6b
26.5%PE38.6xTech
AMZN Amazon.comUS$210.714.6%
+US$97.4b
45.5%PE44.4xConsumer Discretionary
MSFT MicrosoftUS$430.982.9%
+US$90.6b
16.8%PE35.4xTech
META Meta PlatformsUS$592.834.9%
+US$70.0b
85.2%PE26.9xTelecom
NVDA NVIDIAUS$138.631.9%
+US$63.9b
204.6%PE53.8xTech
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

The US dollar has been on a tear since September, and since Donald Trump became the US President-elect. The strength of the USD, and the impact of his policies...

Latest News

ORCL

US$181.41

Oracle

7D

-3.5%

1Y

56.7%

GOOGL

US$171.49

Alphabet

7D

2.3%

1Y

32.7%

AAPL

US$239.59

Apple

7D

2.9%

1Y

26.5%

MSFT

US$430.98

Microsoft

7D

2.9%

1Y

16.8%

XOM

US$117.85

Exxon Mobil

7D

-1.8%

1Y

15.1%

DELL

US$125.84

Dell Technologies

7D

-12.7%

1Y

81.5%