U.S. Healthtech Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies69
- 7D2.8%
- 3M-6.5%
- 1Y-3.7%
- YTDn/a
Over the last 7 days, the Healthtech industry has risen 1.0%, driven by gains from Veeva Systems of 0.8%. However, the industry is down 5.9% over the past year. As for the next few years, earnings are expected to grow by 29% per annum.
Industry Valuation and Performance
Has the U.S. Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | US$58.6b | US$12.7b | -US$1,482,474,679.00 | 46.6x | -39.6x | 4.6x |
| Fri, 05 Apr 2024 | US$61.1b | US$12.7b | -US$1,616,515,745.00 | 52.6x | -37.8x | 4.8x |
| Sun, 03 Mar 2024 | US$64.0b | US$14.1b | -US$1,435,324,794.00 | 50.8x | -44.6x | 4.5x |
| Tue, 30 Jan 2024 | US$73.4b | US$18.3b | -US$5,780,316,752.00 | 60.6x | -12.7x | 4x |
| Thu, 28 Dec 2023 | US$72.6b | US$18.3b | -US$5,781,192,665.00 | 59.6x | -12.6x | 4x |
| Sat, 25 Nov 2023 | US$65.9b | US$18.2b | -US$5,807,346,665.00 | 52.5x | -11.4x | 3.6x |
| Mon, 23 Oct 2023 | US$68.2b | US$18.0b | -US$5,559,240,965.00 | 52.9x | -12.3x | 3.8x |
| Wed, 20 Sep 2023 | US$71.2b | US$18.0b | -US$5,514,972,389.00 | 50.8x | -12.9x | 4x |
| Fri, 18 Aug 2023 | US$71.0b | US$17.9b | -US$5,552,073,447.00 | 54.4x | -12.8x | 4x |
| Sun, 16 Jul 2023 | US$80.2b | US$17.7b | -US$8,580,548,318.00 | 62.8x | -9.3x | 4.5x |
| Tue, 13 Jun 2023 | US$74.0b | US$17.7b | -US$8,580,932,209.00 | 60.3x | -8.6x | 4.2x |
| Thu, 11 May 2023 | US$71.5b | US$17.6b | -US$8,631,778,925.00 | 58.7x | -8.3x | 4.1x |
| Sat, 08 Apr 2023 | US$72.3b | US$17.4b | -US$14,978,932,055.00 | 55.5x | -4.8x | 4.1x |
| Mon, 06 Mar 2023 | US$75.0b | US$17.7b | -US$15,417,568,105.00 | 56.7x | -4.9x | 4.2x |
| Wed, 01 Feb 2023 | US$73.4b | US$17.5b | -US$10,800,869,310.00 | 49.2x | -6.8x | 4.2x |
| Fri, 30 Dec 2022 | US$68.3b | US$35.5b | -US$8,691,192,310.00 | 34.1x | -7.9x | 1.9x |
| Sun, 27 Nov 2022 | US$72.0b | US$17.4b | -US$10,605,197,310.00 | 44.2x | -6.8x | 4.1x |
| Tue, 25 Oct 2022 | US$65.6b | US$17.1b | -US$10,593,627,342.00 | 28x | -6.2x | 3.8x |
| Thu, 22 Sep 2022 | US$72.7b | US$17.1b | -US$10,593,627,342.00 | 31.5x | -6.9x | 4.2x |
| Sat, 20 Aug 2022 | US$84.2b | US$17.0b | -US$10,450,720,342.00 | 33.8x | -8.1x | 4.9x |
| Mon, 18 Jul 2022 | US$92.2b | US$17.4b | -US$7,974,433,542.00 | 62.6x | -11.6x | 5.3x |
| Wed, 15 Jun 2022 | US$109.3b | US$23.2b | -US$7,415,282,621.00 | 47.9x | -14.7x | 4.7x |
| Fri, 13 May 2022 | US$103.4b | US$22.8b | -US$7,304,730,846.00 | 48.9x | -14.1x | 4.5x |
| Sun, 10 Apr 2022 | US$137.2b | US$23.4b | -US$644,404,428.00 | 70.9x | -212.9x | 5.9x |
| Tue, 08 Mar 2022 | US$134.8b | US$23.6b | -US$573,336,298.00 | 78.8x | -235.2x | 5.7x |
| Thu, 03 Feb 2022 | US$155.2b | US$23.7b | -US$1,721,872,995.00 | 94.9x | -90.1x | 6.5x |
| Sat, 01 Jan 2022 | US$169.1b | US$23.3b | -US$1,605,286,566.00 | 98.8x | -105.3x | 7.3x |
| Mon, 29 Nov 2021 | US$175.6b | US$23.0b | -US$1,137,090,240.00 | 104.7x | -154.5x | 7.6x |
| Wed, 27 Oct 2021 | US$197.6b | US$22.1b | -US$1,257,939,210.00 | 104.3x | -157.1x | 9x |
| Fri, 24 Sep 2021 | US$197.3b | US$22.0b | -US$1,255,851,452.00 | 108x | -157.1x | 9x |
| Sun, 22 Aug 2021 | US$185.5b | US$21.9b | -US$1,229,889,348.31 | 88.4x | -150.8x | 8.5x |
| Fri, 09 Jul 2021 | US$186.1b | US$21.8b | -US$1,188,198,161.31 | 94.7x | -156.6x | 8.5x |
Price to Earnings Ratio
-122.2x
Current Industry PE
- Investors are pessimistic on the American Health Care Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Health Care Technology industry have deteriorated over the last three years.
- Revenues have also declined 14% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Comparison
How does U.S. Healthtech compare with similar industries?
| US Market | 3.31% | |
| Healthcare | 1.83% | |
| Healthtech | 2.79% | |
| Healthtech | 2.79% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VEEV Veeva Systems | US$205.31 | 3.4% +US$1.1b | 17.2% | PE63.1x | |
| GDRX GoodRx Holdings | US$7.53 | 6.1% +US$161.2m | 60.6% | PS3.8x | |
| PHR Phreesia | US$22.60 | 9.0% +US$104.9m | -19.3% | PS3.6x | |
| CERT Certara | US$17.66 | 3.2% +US$88.1m | -15.5% | PS8x | |
| SLP Simulations Plus | US$48.54 | 7.0% +US$63.8m | 17.4% | PE92.2x |
