U.S. Market Analysis & Valuation
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies9216
- 7D-1.2%
- 3M-9.8%
- 1Y5.9%
- YTD7.5%
The market has dropped by 4.1% in the last 7 days, with the Communication Services sector leading declines. In the last year, the market is actually up 4.1%. Earnings are forecast to grow by 14% 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 |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | US$44.4t | US$21.3t | US$1.7t | 14.8x | 25.3x | 2.1x |
| Thu, 28 Sep 2023 | US$45.7t | US$21.2t | US$1.7t | 15.3x | 26.5x | 2.2x |
| Sat, 26 Aug 2023 | US$46.9t | US$21.2t | US$1.7t | 15.6x | 27.2x | 2.2x |
| Mon, 24 Jul 2023 | US$48.6t | US$21.2t | US$1.7t | 15.7x | 28.9x | 2.3x |
| Wed, 21 Jun 2023 | US$46.9t | US$21.1t | US$1.7t | 15.2x | 28.1x | 2.2x |
| Fri, 19 May 2023 | US$44.8t | US$21.1t | US$1.7t | 14.8x | 26.8x | 2.1x |
| Sun, 16 Apr 2023 | US$44.0t | US$20.8t | US$1.6t | 15x | 26.9x | 2.1x |
| Tue, 14 Mar 2023 | US$41.4t | US$20.7t | US$1.6t | 14.5x | 25.3x | 2x |
| Thu, 09 Feb 2023 | US$44.5t | US$20.6t | US$1.7t | 15.4x | 26x | 2.2x |
| Sat, 07 Jan 2023 | US$41.9t | US$20.6t | US$1.8t | 14.5x | 23.3x | 2x |
| Mon, 05 Dec 2022 | US$43.8t | US$20.5t | US$1.8t | 15x | 24.3x | 2.1x |
| Wed, 02 Nov 2022 | US$41.6t | US$20.1t | US$1.8t | 14.7x | 22.8x | 2.1x |
| Fri, 30 Sep 2022 | US$39.5t | US$19.9t | US$1.8t | 13.7x | 21.5x | 2x |
| Sun, 28 Aug 2022 | US$44.2t | US$19.9t | US$1.8t | 15.4x | 24.1x | 2.2x |
| Tue, 26 Jul 2022 | US$43.1t | US$19.5t | US$1.9t | 15.1x | 22.8x | 2.2x |
| Thu, 23 Jun 2022 | US$41.5t | US$19.5t | US$1.9t | 14.3x | 21.7x | 2.1x |
| Sat, 21 May 2022 | US$42.5t | US$19.4t | US$1.9t | 15.3x | 22.2x | 2.2x |
| Mon, 18 Apr 2022 | US$48.8t | US$18.8t | US$1.9t | 17.1x | 25.4x | 2.6x |
| Wed, 16 Mar 2022 | US$47.1t | US$18.9t | US$1.9t | 15.5x | 24.3x | 2.5x |
| Fri, 11 Feb 2022 | US$50.8t | US$18.7t | US$1.9t | 16.4x | 26.9x | 2.7x |
| Sun, 09 Jan 2022 | US$52.8t | US$18.3t | US$1.7t | 17.3x | 30.3x | 2.9x |
| Tue, 07 Dec 2021 | US$52.4t | US$18.2t | US$1.7t | 17.1x | 30x | 2.9x |
| Thu, 04 Nov 2021 | US$54.7t | US$17.9t | US$1.7t | 18.3x | 31.6x | 3.1x |
| Sat, 02 Oct 2021 | US$51.1t | US$17.4t | US$1.6t | 17.7x | 31.8x | 2.9x |
| Mon, 30 Aug 2021 | US$52.4t | US$17.4t | US$1.6t | 17.4x | 32.8x | 3x |
| Tue, 06 Jul 2021 | US$50.5t | US$17.2t | US$1.6t | 17.5x | 32.1x | 2.9x |
| Fri, 09 Apr 2021 | US$46.3t | US$16.2t | US$1.2t | 18.8x | 37.9x | 2.9x |
| Thu, 31 Dec 2020 | US$43.6t | US$15.6t | US$838.4b | 18x | 52x | 2.8x |
Price to Earnings Ratio
43.8x
Current Market PE
- Investors are pessimistic on the American market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 25.1x which is lower than its 3-year average PE of 30.6x.
Past Earnings Growth
- The earnings for American listed companies have grown 27% per year over the last three years.
- Revenues for these companies have grown 11% 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 | -2.42% | |
| Utilities | 0.86% | |
| Consumer Staples | -0.24% | |
| Consumer Discretionary | -0.39% | |
| Materials | -0.70% | |
| Real Estate | -1.63% | |
| Tech | -1.93% | |
| Financials | -2.24% | |
| Industrials | -2.64% | |
| Healthcare | -3.72% | |
| Energy | -5.21% | |
| Telecom | -5.51% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 50.1x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 17.4% which is higher than its past year's earnings decline of 6.1% 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 3.1x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings decline of 8.2% per year.
- In contrast, the Energy industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|---|
| AMZN Amazon.com | US$132.71 | 4.9% +US$65.6b | 29.5% | PE68.3x | Consumer Discretionary | |
| MSFT Microsoft | US$337.31 | 2.4% +US$60.4b | 45.3% | PE32.5x | Tech | |
| VZ Verizon Communications | US$34.62 | 10.3% +US$13.6b | -7.4% | PE7x | Telecom | |
| NEE NextEra Energy | US$57.20 | 11.0% +US$11.5b | -26.2% | PE15.2x | Utilities | |
| KO Coca-Cola | US$56.15 | 3.8% +US$8.9b | -6.2% | PE22.5x | Consumer Staples |
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