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U.S. Market Analysis & Valuation

UpdatedNov 02, 2024
DataAggregated Company Financials
Companies7479
  • 7D-1.3%
  • 3M7.8%
  • 1Y30.7%
  • YTD19.4%

Over the last 7 days, the market has dropped 1.3%, driven by a loss of 3.0% in the Information Technology sector. In contrast to the last week, the market is actually up 31% 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 Nov 2024US$59.4tUS$21.8tUS$1.9t18x32x2.7x
Mon, 30 Sep 2024US$59.6tUS$21.7tUS$1.9t18.3x31.8x2.7x
Wed, 28 Aug 2024US$58.0tUS$21.5tUS$1.8t18.1x31.4x2.7x
Fri, 26 Jul 2024US$56.4tUS$21.4tUS$1.8t17.9x30.6x2.6x
Sun, 23 Jun 2024US$56.5tUS$21.3tUS$1.8t16.6x30.8x2.6x
Tue, 21 May 2024US$55.2tUS$21.2tUS$1.8t17.5x30.5x2.6x
Thu, 18 Apr 2024US$52.1tUS$21.1tUS$1.8t16.3x28.2x2.5x
Sat, 16 Mar 2024US$53.6tUS$21.1tUS$1.8t16.5x29.1x2.5x
Mon, 12 Feb 2024US$52.3tUS$21.0tUS$1.8t16.3x29.3x2.5x
Wed, 10 Jan 2024US$49.9tUS$21.0tUS$1.8t16.7x28.4x2.4x
Fri, 08 Dec 2023US$47.6tUS$21.0tUS$1.8t16.2x27.2x2.3x
Sun, 05 Nov 2023US$45.6tUS$21.0tUS$1.7t15.4x26.5x2.2x
Tue, 03 Oct 2023US$45.3tUS$21.0tUS$1.7t15.2x26.4x2.2x
Thu, 31 Aug 2023US$47.5tUS$20.9tUS$1.7t15.9x27.7x2.3x
Sat, 29 Jul 2023US$48.2tUS$21.0tUS$1.7t15.9x29x2.3x
Mon, 26 Jun 2023US$45.9tUS$21.0tUS$1.7t14.9x27.6x2.2x
Wed, 24 May 2023US$43.9tUS$21.0tUS$1.7t14.8x26.4x2.1x
Fri, 21 Apr 2023US$43.5tUS$20.7tUS$1.6t14.9x26.9x2.1x
Sun, 19 Mar 2023US$38.6tUS$19.6tUS$1.6t14.2x24.6x2x
Tue, 14 Feb 2023US$44.3tUS$20.5tUS$1.7t15.5x26.5x2.2x
Thu, 12 Jan 2023US$42.5tUS$20.5tUS$1.8t14.8x23.7x2.1x
Sat, 10 Dec 2022US$41.9tUS$20.4tUS$1.8t14.4x23.3x2.1x
Mon, 07 Nov 2022US$40.3tUS$20.7tUS$1.8t14.5x21.8x1.9x
Wed, 05 Oct 2022US$41.1tUS$19.9tUS$1.8t14.3x22.4x2.1x
Fri, 02 Sep 2022US$42.9tUS$19.8tUS$1.8t14.7x23.5x2.2x
Sun, 31 Jul 2022US$44.7tUS$19.7tUS$1.9t15.5x23.5x2.3x
Tue, 28 Jun 2022US$43.1tUS$19.5tUS$1.9t14.9x22.6x2.2x
Thu, 26 May 2022US$43.8tUS$19.5tUS$1.9t15.2x22.8x2.2x
Sat, 23 Apr 2022US$47.1tUS$18.8tUS$1.9t16.7x24.5x2.5x
Mon, 21 Mar 2022US$50.1tUS$18.9tUS$1.9t16.3x25.8x2.7x
Wed, 16 Feb 2022US$50.6tUS$18.8tUS$1.9t16.3x26.6x2.7x
Fri, 14 Jan 2022US$52.5tUS$18.3tUS$1.7t17.3x30.1x2.9x
Sun, 12 Dec 2021US$53.9tUS$18.2tUS$1.8t17.2x30.8x3x
Tue, 09 Nov 2021US$55.1tUS$18.1tUS$1.8t18.5x31.1x3x
Price to Earnings Ratio

31.1x


Total Market Cap: US$55.1tTotal Earnings: US$1.8tTotal Revenue: US$18.1tTotal 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 remained mostly flat over the last three years.
  • Meanwhile revenues have grown 6.5% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Sector Trends

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

US Market-1.27%
Telecom1.58%
Consumer Discretionary0.16%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Financials-0.29%
Industrials-0.71%
Healthcare-0.95%
Materials-1.14%
Consumer Staples-1.69%
Energy-2.08%
Real Estate-2.45%
Utilities-2.72%
Tech-3.04%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 58.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 21.7%, which is higher than its past year's earnings growth of 10.1% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 17.6x.
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 10% per year.
  • In contrast, the Financials 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
AMZN Amazon.comUS$197.935.4%
+US$109.1b
42.8%PE41.7xConsumer Discretionary
GOOGL AlphabetUS$171.293.6%
+US$62.3b
32.7%PE22.2xTelecom
ABBV AbbVieUS$203.558.4%
+US$27.7b
43.9%PE70.8xHealthcare
BA BoeingUS$154.59-0.3%
US$19.7b
-20.7%PS1.6xIndustrials
V VisaUS$290.743.2%
+US$15.9b
19.4%PE29.3xFinancials
See more
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XOM

US$114.95

Exxon Mobil

7D

-3.8%

1Y

6.7%

GOOGL

US$171.29

Alphabet

7D

3.6%

1Y

32.7%

EXE

US$83.66

Expand Energy

7D

-1.3%

1Y

-6.4%

TEAM

US$224.35

Atlassian

7D

18.9%

1Y

26.8%

AMZN

US$197.93

Amazon.com

7D

5.4%

1Y

42.8%

V

US$290.74

Visa

7D

3.2%

1Y

19.4%

AAPL

US$222.91

Apple

7D

-3.7%

1Y

26.2%

MSFT

US$410.37

Microsoft

7D

-4.2%

1Y

16.3%

BKNG

US$4,749.11

Booking Holdings

7D

9.2%

1Y

66.1%

ABBV

US$203.55

AbbVie

7D

8.4%

1Y

43.9%

TSLA

US$248.98

Tesla

7D

-7.5%

1Y

13.2%

BA

US$154.59

Boeing

7D

-0.3%

1Y

-20.7%

NVDA

US$135.40

NVIDIA

7D

-4.3%

1Y

200.9%