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South African (JSE) Healthcare Sector Analysis

UpdatedMar 12, 2026
DataAggregated Company Financials
Companies4
  • 7D-2.3%
  • 3M28.9%
  • 1Y-18.1%
  • YTD12.5%

In the last week, the Healthcare industry is up 2.2%, with Cilo Cybin Holdings up 23%. However, the industry is down 17% over the past year. Looking forward, earnings are forecast to grow by 49% annually.

Sector Valuation and Performance

Has the South African Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 12 Mar 2026R97.2bR94.3b-R1,903,655,123.0011.7x-51x1x
Sat, 07 Feb 2026R84.2bR95.1b-R1,180,655,123.0011.2x-71.3x0.9x
Mon, 05 Jan 2026R86.4bR95.1b-R1,180,655,123.0011.5x-73.1x0.9x
Wed, 03 Dec 2025R77.2bR95.1b-R1,169,378,123.0030.9x-66x0.8x
Fri, 31 Oct 2025R88.9bR105.7bR381.2m12.8x233.1x0.8x
Sun, 28 Sep 2025R87.1bR105.7bR381.2m12.3x228.5x0.8x
Tue, 26 Aug 2025R93.6bR108.6bR5.9b11.8x15.7x0.9x
Thu, 24 Jul 2025R99.1bR108.4bR5.9b12.4x16.9x0.9x
Sat, 21 Jun 2025R100.0bR108.4bR5.9b12.1x17.1x0.9x
Mon, 19 May 2025R101.0bR106.9bR8.7b12.2x11.7x0.9x
Wed, 16 Apr 2025R117.3bR106.9bR8.7b14x13.6x1.1x
Fri, 14 Mar 2025R124.7bR107.6bR8.7b11.8x14.4x1.2x
Sun, 09 Feb 2025R123.7bR106.8bR8.7b11.9x14.3x1.2x
Tue, 07 Jan 2025R130.7bR106.8bR8.7b13.7x15.1x1.2x
Thu, 05 Dec 2024R131.3bR106.8bR8.7b13x15.2x1.2x
Sat, 02 Nov 2024R133.3bR103.8bR8.0b15.6x16.8x1.3x
Mon, 30 Sep 2024R140.3bR103.8bR8.0b15.7x17.6x1.4x
Wed, 28 Aug 2024R150.5bR101.8bR8.3b14.3x18.1x1.5x
Fri, 26 Jul 2024R151.3bR101.3bR8.4b13.2x18x1.5x
Sun, 23 Jun 2024R154.3bR101.3bR8.4b13.3x18.4x1.5x
Tue, 21 May 2024R144.1bR100.0bR8.2b12.2x17.6x1.4x
Thu, 18 Apr 2024R137.6bR100.0bR8.2b11.6x16.8x1.4x
Sat, 16 Mar 2024R142.9bR100.0bR8.0b16x17.9x1.4x
Mon, 12 Feb 2024R137.1bR98.0bR8.4b15.3x16.4x1.4x
Wed, 10 Jan 2024R144.9bR98.7bR8.3b15.9x17.4x1.5x
Fri, 08 Dec 2023R135.8bR98.7bR8.3b15x16.3x1.4x
Sun, 05 Nov 2023R133.9bR105.1bR8.5b15.1x15.8x1.3x
Tue, 03 Oct 2023R133.3bR105.1bR8.5b14.8x15.7x1.3x
Thu, 31 Aug 2023R134.0bR102.8bR9.1b14.1x14.8x1.3x
Sat, 29 Jul 2023R144.3bR102.7bR9.0b15.4x16x1.4x
Mon, 26 Jun 2023R138.6bR102.7bR9.0b15.1x15.3x1.3x
Wed, 24 May 2023R134.4bR100.9bR9.1b14.8x14.8x1.3x
Fri, 21 Apr 2023R139.4bR99.7bR8.9b16.7x15.7x1.4x
Sun, 19 Mar 2023R133.7bR99.7bR8.4b15.6x15.9x1.3x
Price to Earnings Ratio

15.9x


Total Market Cap: R133.7bTotal Earnings: R8.4bTotal Revenue: R99.7bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Healthcare Sector Price to Earnings3Y Average 19.9x202420252026
Current Industry PE
  • Investors are pessimistic on the South African Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • Total earnings for the Healthcare industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the South African Healthcare sector?

ZA Market-3.27%
Healthcare-2.27%
Healthcare Services-1.03%
Pharma-2.96%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 48.7x.
    • Analysts are expecting annual earnings growth of 36.5%, which is higher than its past year's earnings growth of 17.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 56% over the next 5 years.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 36% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CCC Cilo Cybin HoldingsR2.0022.7%
+R106.6m
-55.6%PS80.8x