U.S. Market Analysis & Valuation
UpdatedJun 28, 2024
DataAggregated Company Financials
Companies7402
- 7D0.3%
- 3M3.2%
- 1Y22.5%
- YTD13.8%
Over the last 7 days, the market has remained flat, although notably the Communication Services sector gained 3.4% in that time. Meanwhile, the market is actually up 23% over the past year. Looking forward, earnings are forecast to grow by 15% annually.
Market Valuation and Performance
Has the U.S. Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 29 Jun 2024 | US$56.6t | US$21.3t | US$1.8t | 16.6x | 30.8x | 2.7x |
| Mon, 27 May 2024 | US$55.0t | US$21.3t | US$1.8t | 17.2x | 30.1x | 2.6x |
| Wed, 24 Apr 2024 | US$52.8t | US$21.2t | US$1.8t | 16.7x | 28.6x | 2.5x |
| Fri, 22 Mar 2024 | US$54.3t | US$21.1t | US$1.8t | 16.9x | 29.5x | 2.6x |
| Sun, 18 Feb 2024 | US$52.3t | US$21.0t | US$1.8t | 16.4x | 29.1x | 2.5x |
| Tue, 16 Jan 2024 | US$50.1t | US$21.0t | US$1.8t | 16.6x | 28.6x | 2.4x |
| Thu, 14 Dec 2023 | US$48.6t | US$21.0t | US$1.8t | 16.7x | 27.7x | 2.3x |
| Sat, 11 Nov 2023 | US$45.3t | US$21.0t | US$1.7t | 15.4x | 26.2x | 2.2x |
| Mon, 09 Oct 2023 | US$45.4t | US$21.0t | US$1.7t | 15.2x | 26.4x | 2.2x |
| Wed, 06 Sep 2023 | US$47.4t | US$20.9t | US$1.7t | 15.6x | 27.6x | 2.3x |
| Fri, 04 Aug 2023 | US$47.7t | US$20.9t | US$1.6t | 15.8x | 29.6x | 2.3x |
| Sun, 02 Jul 2023 | US$47.1t | US$21.0t | US$1.7t | 15.5x | 28.3x | 2.2x |
| Tue, 30 May 2023 | US$44.4t | US$21.0t | US$1.7t | 14.6x | 26.6x | 2.1x |
| Thu, 27 Apr 2023 | US$42.6t | US$20.6t | US$1.6t | 14.4x | 26.2x | 2.1x |
| Sat, 25 Mar 2023 | US$40.9t | US$20.4t | US$1.6t | 13.9x | 25.8x | 2x |
| Mon, 20 Feb 2023 | US$43.7t | US$20.5t | US$1.7t | 15.6x | 26.3x | 2.1x |
| Wed, 18 Jan 2023 | US$42.8t | US$20.5t | US$1.8t | 15x | 24x | 2.1x |
| Fri, 16 Dec 2022 | US$41.5t | US$20.4t | US$1.8t | 14.3x | 23.1x | 2x |
| Sun, 13 Nov 2022 | US$42.7t | US$20.4t | US$1.8t | 14.6x | 23.5x | 2.1x |
| Tue, 11 Oct 2022 | US$39.2t | US$19.9t | US$1.8t | 13.9x | 21.3x | 2x |
| Thu, 08 Sep 2022 | US$42.2t | US$19.8t | US$1.8t | 14.5x | 23.1x | 2.1x |
| Sat, 06 Aug 2022 | US$45.1t | US$19.8t | US$1.9t | 15.7x | 23.7x | 2.3x |
| Mon, 04 Jul 2022 | US$42.2t | US$19.5t | US$1.9t | 14.7x | 22x | 2.2x |
| Wed, 01 Jun 2022 | US$45.5t | US$19.5t | US$1.9t | 15.6x | 23.8x | 2.3x |
| Fri, 29 Apr 2022 | US$46.0t | US$18.9t | US$1.9t | 16.5x | 24.1x | 2.4x |
| Sun, 27 Mar 2022 | US$50.2t | US$18.7t | US$1.9t | 16.5x | 26.6x | 2.7x |
| Tue, 22 Feb 2022 | US$49.0t | US$18.8t | US$1.9t | 16.2x | 25.3x | 2.6x |
| Thu, 20 Jan 2022 | US$51.0t | US$18.5t | US$1.8t | 16.9x | 29.1x | 2.8x |
| Sat, 18 Dec 2021 | US$52.5t | US$18.2t | US$1.7t | 16.8x | 30.1x | 2.9x |
| Mon, 15 Nov 2021 | US$55.2t | US$18.1t | US$1.8t | 18.1x | 31.5x | 3x |
| Wed, 13 Oct 2021 | US$51.1t | US$17.4t | US$1.6t | 17.8x | 31.9x | 2.9x |
| Fri, 10 Sep 2021 | US$51.9t | US$17.5t | US$1.6t | 16.1x | 32.8x | 3x |
| Sun, 08 Aug 2021 | US$51.4t | US$17.3t | US$1.6t | 17.2x | 32.2x | 3x |
Price to Earnings Ratio
32.1x
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 30.8x which is higher than its 3-year average PE of 27.1x.
Past Earnings Growth
- The earnings for American listed companies have grown 5.3% per year over the last three years.
- Revenues for these companies have grown 7.5% 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 Market | 0.26% | |
| Telecom | 3.41% | |
| Consumer Discretionary | 2.42% | |
| Energy | 1.53% | |
| Real Estate | 0.24% | |
| Healthcare | 0.11% | |
| Consumer Staples | -0.13% | |
| Utilities | -0.36% | |
| Tech | -0.56% | |
| Financials | -0.64% | |
| Industrials | -0.78% | |
| Materials | -1.22% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 53.4x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 21.3%, which is higher than its past year's earnings growth of 4.1% per year.
- The Energy sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 8.1x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 21% over the next 5 years.
- This is better than its past earnings growth rate of 4.1% per year.
- In contrast, the Energy sector is expected to see its earnings grow by 6.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| AAPL Apple | US$210.62 | 1.5% +US$48.0b | 8.6% | PE32.2x | Tech | |
| TSLA Tesla | US$197.88 | 8.1% +US$47.4b | -24.4% | PE46.2x | Consumer Discretionary | |
| AMZN Amazon.com | US$193.25 | 2.2% +US$43.4b | 48.2% | PE53.4x | Consumer Discretionary | |
| GOOGL Alphabet | US$182.07 | 1.4% +US$30.2b | 52.1% | PE27.3x | Telecom | |
| UNH UnitedHealth Group | US$509.26 | 5.5% +US$24.5b | 6.0% | PE30.5x | Healthcare |
