Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

U.S. Market Analysis & Valuation

UpdatedNov 29, 2024
DataAggregated Company Financials
Companies7533
  • 7D0.5%
  • 3M7.8%
  • 1Y30.7%
  • YTD26.2%

The market is up 1.6% over the last week, with the Financials sector leading the way, up 3.4%. In the last year, the market has climbed 32%. 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
Fri, 29 Nov 2024US$63.4tUS$22.0tUS$1.9t19.5x32.9x2.9x
Sun, 27 Oct 2024US$60.2tUS$21.7tUS$1.9t18x32.3x2.8x
Tue, 24 Sep 2024US$59.0tUS$21.5tUS$1.9t18.2x31.7x2.7x
Thu, 22 Aug 2024US$57.7tUS$21.5tUS$1.8t17.9x31.3x2.7x
Sat, 20 Jul 2024US$57.5tUS$21.3tUS$1.8t17.7x31.2x2.7x
Mon, 17 Jun 2024US$56.1tUS$21.3tUS$1.8t16.6x30.6x2.6x
Wed, 15 May 2024US$54.2tUS$21.2tUS$1.8t17.5x29.9x2.6x
Fri, 12 Apr 2024US$53.7tUS$21.1tUS$1.8t17x29.1x2.5x
Sun, 10 Mar 2024US$53.4tUS$21.1tUS$1.8t16.5x29x2.5x
Tue, 06 Feb 2024US$51.4tUS$21.0tUS$1.8t16.2x28.9x2.4x
Thu, 04 Jan 2024US$49.4tUS$21.0tUS$1.8t16.8x28.1x2.4x
Sat, 02 Dec 2023US$47.7tUS$21.0tUS$1.8t16.2x27.2x2.3x
Mon, 30 Oct 2023US$43.1tUS$21.0tUS$1.7t14.7x24.9x2.1x
Wed, 27 Sep 2023US$45.0tUS$20.9tUS$1.7t15.3x26.2x2.1x
Fri, 25 Aug 2023US$46.0tUS$20.9tUS$1.7t15.6x26.9x2.2x
Sun, 23 Jul 2023US$48.0tUS$21.0tUS$1.7t15.7x28.7x2.3x
Tue, 20 Jun 2023US$46.7tUS$20.9tUS$1.7t15.2x28.1x2.2x
Thu, 18 May 2023US$44.0tUS$20.9tUS$1.7t14.7x26.5x2.1x
Sat, 15 Apr 2023US$43.6tUS$20.6tUS$1.6t15x26.9x2.1x
Mon, 13 Mar 2023US$41.1tUS$20.6tUS$1.6t14.8x25.2x2x
Wed, 08 Feb 2023US$44.5tUS$20.5tUS$1.7t15.5x26.1x2.2x
Fri, 06 Jan 2023US$40.6tUS$20.5tUS$1.8t14.3x22.6x2x
Sun, 04 Dec 2022US$43.5tUS$20.4tUS$1.8t14.9x24.2x2.1x
Tue, 01 Nov 2022US$41.4tUS$20.2tUS$1.8t14.6x22.8x2.1x
Thu, 29 Sep 2022US$40.2tUS$19.9tUS$1.8t13.9x21.9x2x
Sat, 27 Aug 2022US$44.1tUS$19.8tUS$1.8t15.3x24.1x2.2x
Mon, 25 Jul 2022US$43.1tUS$19.5tUS$1.9t15.1x22.7x2.2x
Wed, 22 Jun 2022US$41.6tUS$19.4tUS$1.9t14.4x21.7x2.1x
Fri, 20 May 2022US$42.7tUS$19.4tUS$1.9t15.5x22.3x2.2x
Sun, 17 Apr 2022US$48.8tUS$18.8tUS$1.9t16.9x25.4x2.6x
Tue, 15 Mar 2022US$46.3tUS$18.9tUS$1.9t15.5x23.8x2.5x
Thu, 10 Feb 2022US$51.7tUS$18.7tUS$1.9t16.5x27.4x2.8x
Sat, 08 Jan 2022US$52.8tUS$18.3tUS$1.7t17.3x30.3x2.9x
Mon, 06 Dec 2021US$51.8tUS$18.2tUS$1.7t16.8x29.6x2.8x
Price to Earnings Ratio

29.6x


Total Market Cap: US$51.8tTotal 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 6.6% 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 Market0.49%
Real Estate2.25%
Healthcare2.00%
Utilities1.60%
Telecom1.58%
Consumer Discretionary1.26%
Consumer Staples1.05%
Financials0.93%
Industrials0.25%
Materials0.069%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Tech-0.76%
Energy-1.94%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 59.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 22.1%, which is higher than its past year's earnings growth of 11.7% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 15.6x.
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 12% 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
AMZN Amazon.comUS$205.744.4%
+US$90.6b		39.9%PE43.4xConsumer Discretionary
AAPL AppleUS$234.932.2%
+US$76.5b		22.8%PE37.9xTech
GOOGL AlphabetUS$169.232.7%
+US$54.7b		28.3%PE22xTelecom
MSFT MicrosoftUS$422.991.4%
+US$44.5b		12.9%PE34.7xTech
LLY Eli LillyUS$788.195.4%
+US$36.2b		35.0%PE84.8xHealthcare
See more
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
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

Header cover image

💵 Building A Dollar Proof Portfolio For 2025

Richard Bowman avatar
Richard Bowman
|
|

5 comments

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...

Continue reading

AdTech Stocks Thrive As Digital Advertising Expands
Last Week

AdTech Stocks Thrive As Digital Advertising Expands

Latest News

XOM

US$117.66

Exxon Mobil

7D

-3.4%

1Y

14.2%

MSFT

US$422.99

Microsoft

7D

1.4%

1Y

12.9%

Microsoft: The New Mag7 Laggard Is Growing Into Its Premium Valuations

Nov 28

LLY

US$788.19

Eli Lilly

7D

5.4%

1Y

35.0%

Eli Lilly: An Early Christmas Present Has Just Arrived (Rating Upgrade)

Nov 28

DELL

US$124.38

Dell Technologies

7D

-13.8%

1Y

72.9%

AAPL

US$234.93

Apple

7D

2.2%

1Y

22.8%

Apple: Steady EPS Compounder, But The Past Will Not Repeat

Nov 27

BRK.A

US$723,549.00

Berkshire Hathaway

7D

1.3%

1Y

33.4%

Berkshire Hathaway: Cash Hoard Likely To Be Underutilized For Longer

Nov 27

GOOGL

US$169.23

Alphabet

7D

2.7%

1Y

28.3%

An Intrinsic Calculation For Alphabet Inc. (NASDAQ:GOOGL) Suggests It's 29% Undervalued

Nov 27
An Intrinsic Calculation For Alphabet Inc. (NASDAQ:GOOGL) Suggests It's 29% Undervalued

AMZN

US$205.74

Amazon.com

7D

4.4%

1Y

39.9%

Amazon: Fundamentals To Accelerate, Still A Hold

Nov 27

META

US$569.20

Meta Platforms

7D

1.8%

1Y

75.2%

Here's Why We Think Meta Platforms (NASDAQ:META) Might Deserve Your Attention Today

Nov 26
Here's Why We Think Meta Platforms (NASDAQ:META) Might Deserve Your Attention Today

NVDA

US$135.34

NVIDIA

7D

-4.7%

1Y

189.4%

CRM

US$330.01

Salesforce

7D

-3.5%

1Y

26.9%

UNH

US$608.38

UnitedHealth Group

7D

3.0%

1Y

11.2%

UnitedHealth Group: Preparing For December Investor Day, Buy Reiterated

Nov 21

ORCL

US$182.70

Oracle

7D

-5.0%

1Y

55.9%

Oracle Is Significantly Overvalued, And I'm Expecting A Temporary Decline (Rating Downgrade)

Nov 19

TSLA

US$332.89

Tesla

7D

-5.6%

1Y

39.4%

Will Tesla Benefit If $7,500 EV Tax Credit Cancelled?

Nov 18

NFLX

US$877.34

Netflix

7D

-2.3%

1Y

88.4%

Netflix: Why I Am Taking Triple-Digit Profits (Rating Downgrade)

Nov 18

AVGO

US$159.67

Broadcom

7D

-2.8%

1Y

71.7%

Broadcom's AI Boom Vs. Trump 2.0 Risks

Nov 15