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U.S. Market Analysis & Valuation

UpdatedSep 25, 2024
DataAggregated Company Financials
Companies7377
  • 7D1.9%
  • 3M5.1%
  • 1Y32.8%
  • YTD19.2%

Over the last 7 days, the market has risen 1.9%, driven by gains of 2.8% in the Information Technology sector. In the last year, the market has climbed 33%. Looking forward, earnings are forecast to grow by 15% 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
Wed, 25 Sep 2024US$59.2tUS$21.5tUS$1.9t18.2x31.8x2.7x
Fri, 23 Aug 2024US$57.9tUS$21.5tUS$1.8t17.8x31.4x2.7x
Sun, 21 Jul 2024US$57.2tUS$21.3tUS$1.8t17.7x31x2.7x
Tue, 18 Jun 2024US$56.1tUS$21.3tUS$1.8t16.7x30.5x2.6x
Thu, 16 May 2024US$54.3tUS$21.2tUS$1.8t17.5x30x2.6x
Sat, 13 Apr 2024US$54.1tUS$21.1tUS$1.8t16.6x29.2x2.6x
Mon, 11 Mar 2024US$53.4tUS$21.1tUS$1.8t16.5x29x2.5x
Wed, 07 Feb 2024US$51.5tUS$21.0tUS$1.8t16.2x29x2.4x
Fri, 05 Jan 2024US$49.2tUS$21.0tUS$1.8t16.7x28x2.3x
Sun, 03 Dec 2023US$48.1tUS$21.0tUS$1.8t16.2x27.5x2.3x
Tue, 31 Oct 2023US$43.6tUS$21.0tUS$1.7t14.8x25.1x2.1x
Thu, 28 Sep 2023US$45.1tUS$21.0tUS$1.7t15.3x26.3x2.2x
Sat, 26 Aug 2023US$46.3tUS$20.9tUS$1.7t15.6x27x2.2x
Mon, 24 Jul 2023US$48.0tUS$21.0tUS$1.7t15.7x28.7x2.3x
Wed, 21 Jun 2023US$46.4tUS$20.9tUS$1.7t15.2x27.9x2.2x
Fri, 19 May 2023US$44.3tUS$21.0tUS$1.7t14.8x26.6x2.1x
Sun, 16 Apr 2023US$43.6tUS$20.6tUS$1.6t15x26.9x2.1x
Tue, 14 Mar 2023US$41.0tUS$20.6tUS$1.6t14.5x25.2x2x
Thu, 09 Feb 2023US$44.2tUS$20.5tUS$1.7t15.4x25.9x2.2x
Sat, 07 Jan 2023US$41.5tUS$20.5tUS$1.8t14.5x23.2x2x
Mon, 05 Dec 2022US$43.5tUS$20.4tUS$1.8t15x24.2x2.1x
Wed, 02 Nov 2022US$41.3tUS$20.1tUS$1.8t14.7x22.7x2.1x
Fri, 30 Sep 2022US$39.4tUS$19.9tUS$1.8t13.7x21.4x2x
Sun, 28 Aug 2022US$44.1tUS$19.8tUS$1.8t15.4x24.1x2.2x
Tue, 26 Jul 2022US$43.1tUS$19.5tUS$1.9t15.1x22.8x2.2x
Thu, 23 Jun 2022US$41.5tUS$19.4tUS$1.9t14.3x21.7x2.1x
Sat, 21 May 2022US$42.5tUS$19.4tUS$1.9t15.3x22.2x2.2x
Mon, 18 Apr 2022US$48.8tUS$18.8tUS$1.9t17.1x25.4x2.6x
Wed, 16 Mar 2022US$47.1tUS$18.9tUS$1.9t15.5x24.3x2.5x
Fri, 11 Feb 2022US$50.8tUS$18.7tUS$1.9t16.4x26.9x2.7x
Sun, 09 Jan 2022US$52.8tUS$18.3tUS$1.7t17.3x30.3x2.9x
Tue, 07 Dec 2021US$52.4tUS$18.2tUS$1.7t17.1x30x2.9x
Thu, 04 Nov 2021US$54.7tUS$17.9tUS$1.7t18.3x31.6x3.1x
Sat, 02 Oct 2021US$51.1tUS$17.4tUS$1.6t17.7x31.8x2.9x
Price to Earnings Ratio

31.8x


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 31.8x which is higher than its 3-year average PE of 27.0x.
Past Earnings Growth
  • The earnings for American listed companies have grown 5.0% 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 Market1.90%
Consumer Discretionary4.85%
Materials3.27%
Telecom2.96%
Tech2.82%
Industrials2.43%
Energy2.08%
Utilities1.39%
Real Estate0.74%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Consumer Staples-0.031%
Financials-0.093%
Healthcare-0.67%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 57.2x.
    • 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 16.0x.
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 7.6% 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$227.374.9%
+US$160.9b		32.2%PE33.9xTech
NVDA NVIDIAUS$120.874.6%
+US$129.5b		188.4%PE55.9xTech
TSLA TeslaUS$254.2711.6%
+US$84.3b		4.2%PE65.6xConsumer Discretionary
AMZN Amazon.comUS$193.963.8%
+US$74.3b		54.0%PE45.8xConsumer Discretionary
META Meta PlatformsUS$563.335.0%
+US$68.3b		88.4%PE27.7xTelecom
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Market Insights

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🌍 Global Diversification And Home Country Bias

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Bailey Pemberton
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Last week, we explored the idea of the US Exceptionalism premium and tried to cover whether or not there was justification for US stocks trading at traditionally higher valuations compared to stocks in other markets...

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🇺🇸 The US Market’s ‘Exceptionalism’ Premium
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🇺🇸 The US Market’s ‘Exceptionalism’ Premium

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