Header cover image

U.S. Market Analysis & Valuation

UpdatedJul 09, 2024
DataAggregated Company Financials
Companies7422
  • 7D1.8%
  • 3M5.5%
  • 1Y23.7%
  • YTD15.5%

The market has climbed 1.8% in the last 7 days, lead by the Information Technology sector with a gain of 3.5%. As for the past 12 months, the market is up 24%. Looking forward, 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
Tue, 09 Jul 2024US$57.6tUS$21.3tUS$1.8t16.7x31.4x2.7x
Thu, 06 Jun 2024US$54.6tUS$21.3tUS$1.8t17.1x29.9x2.6x
Sat, 04 May 2024US$53.1tUS$21.2tUS$1.8t17.1x28.8x2.5x
Mon, 01 Apr 2024US$54.8tUS$21.1tUS$1.8t17.5x29.7x2.6x
Wed, 28 Feb 2024US$52.8tUS$21.1tUS$1.8t16.5x28.7x2.5x
Fri, 26 Jan 2024US$50.8tUS$21.0tUS$1.8t16.8x29x2.4x
Sun, 24 Dec 2023US$50.1tUS$21.0tUS$1.8t16.9x28.5x2.4x
Tue, 21 Nov 2023US$47.1tUS$21.0tUS$1.7t15.9x27.1x2.2x
Thu, 19 Oct 2023US$45.2tUS$21.0tUS$1.7t15.1x26.2x2.2x
Sat, 16 Sep 2023US$47.1tUS$20.9tUS$1.7t15.6x27.4x2.2x
Mon, 14 Aug 2023US$47.5tUS$20.9tUS$1.7t16x27.9x2.3x
Wed, 12 Jul 2023US$47.0tUS$21.0tUS$1.7t15.6x28.3x2.2x
Fri, 09 Jun 2023US$45.6tUS$21.0tUS$1.7t15.2x27.3x2.2x
Sun, 07 May 2023US$43.3tUS$21.0tUS$1.6t14.6x26.4x2.1x
Tue, 04 Apr 2023US$43.7tUS$20.6tUS$1.6t15.2x27x2.1x
Thu, 02 Mar 2023US$42.3tUS$20.6tUS$1.6t15.3x26x2.1x
Sat, 28 Jan 2023US$43.8tUS$20.5tUS$1.8t15.1x24.9x2.1x
Mon, 26 Dec 2022US$40.9tUS$20.5tUS$1.8t14.3x22.7x2x
Wed, 23 Nov 2022US$42.6tUS$20.4tUS$1.8t14.7x23.6x2.1x
Fri, 21 Oct 2022US$39.4tUS$19.9tUS$1.8t14x21.6x2x
Sun, 18 Sep 2022US$42.1tUS$19.9tUS$1.8t14.5x22.9x2.1x
Tue, 16 Aug 2022US$46.6tUS$19.8tUS$1.8t15.9x25.3x2.3x
Thu, 14 Jul 2022US$41.4tUS$19.4tUS$1.9t14.7x21.6x2.1x
Sat, 11 Jun 2022US$43.1tUS$19.4tUS$1.9t15.2x22.6x2.2x
Mon, 09 May 2022US$44.9tUS$19.3tUS$1.9t16x23.6x2.3x
Wed, 06 Apr 2022US$50.5tUS$18.9tUS$1.9t17x26.1x2.7x
Fri, 04 Mar 2022US$48.9tUS$18.8tUS$1.9t16.1x25.1x2.6x
Sun, 30 Jan 2022US$49.3tUS$18.4tUS$1.8t16.3x27.5x2.7x
Tue, 28 Dec 2021US$54.4tUS$18.3tUS$1.7t17.3x31.1x3x
Thu, 25 Nov 2021US$54.5tUS$18.2tUS$1.7t17.6x31.2x3x
Sat, 23 Oct 2021US$53.5tUS$17.6tUS$1.6t18.2x32.5x3x
Mon, 20 Sep 2021US$52.1tUS$17.4tUS$1.6t17.8x32.4x3x
Wed, 18 Aug 2021US$50.6tUS$17.3tUS$1.6t17x31.7x2.9x
Price to Earnings Ratio

32.2x


Total Market Cap: US$51.4tTotal Earnings: US$1.6tTotal Revenue: US$17.3tTotal 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 31.4x which is higher than its 3-year average PE of 27.0x.
Past Earnings Growth
  • The earnings for American listed companies have grown 4.8% per year over the last three years.
  • Revenues for these companies have grown 7.1% 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 Market1.77%
Tech3.51%
Consumer Discretionary3.09%
Telecom2.56%
Materials1.89%
Consumer Staples1.42%
Utilities1.22%
Real Estate0.77%
Industrials0.74%
Financials0.25%
Healthcare-0.49%
Energy-1.38%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 53.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 21.3%, which is higher than its past year's earnings growth of 5.2% 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 11.0x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 5.2% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 6.8% 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
AAPL AppleUS$227.825.1%
+US$169.7b		20.8%PE34.8xTech
TSLA TeslaUS$252.9420.5%
+US$137.4b		-6.2%PE59.1xConsumer Discretionary
NVDA NVIDIAUS$128.204.5%
+US$135.9b		202.3%PE74xTech
GOOGL AlphabetUS$189.033.3%
+US$74.6b		62.3%PE28.3xTelecom
MSFT MicrosoftUS$466.242.1%
+US$70.7b		40.5%PE40.2xTech
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 & Enterprise
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

Cashing In On Chips: Semiconductor Stocks Beyond The Hype

Richard Bowman avatar
Richard Bowman
|
|

5 comments

Recently, most of the leading semiconductor stocks have traded lower. Notably, Micron Technology reported quarterly EPS...

Continue reading

Heading Into Q3 With A Goldilocks Economy
Last Week

Heading Into Q3 With A Goldilocks Economy

Latest News

AMD

US$178.69

Advanced Micro Devices

7D

13.3%

1Y

57.3%

ABBV

US$166.52

AbbVie

7D

-2.3%

1Y

23.8%

UNH

US$489.34

UnitedHealth Group

7D

-1.1%

1Y

5.7%

UnitedHealth Group: The Perfect Portfolio Balancer

Jul 08

META

US$529.32

Meta Platforms

7D

4.9%

1Y

80.0%

Meta: Monetizing Next Round Of Capex Could Push Stock Higher

Jul 08

TSLA

US$252.94

Tesla

7D

20.5%

1Y

-6.2%

Tesla: A Strong Buy Despite The Massive Rally

Jul 08

MSFT

US$466.24

Microsoft

7D

2.1%

1Y

40.5%

Microsoft: I Underestimated Its Pace Of AI Infusion

Jul 08

AAPL

US$227.82

Apple

7D

5.1%

1Y

20.8%

Despite Its Great Products, Apple Has Lost Its Mojo - Yet The Stock Is A Trading Buy

Jul 08

NVDA

US$128.20

NVIDIA

7D

4.5%

1Y

202.3%

Nvidia Stock: Why Holding Strong Makes Sense For Existing Shareholders

Jul 08

GOOGL

US$189.03

Alphabet

7D

3.3%

1Y

62.3%

Google: The Cheapest Stock In The Magnificent 7

Jul 05

NOW

US$766.20

ServiceNow

7D

-2.9%

1Y

35.5%

CSCO

US$46.06

Cisco Systems

7D

-3.1%

1Y

-10.4%

At US$47.09, Is It Time To Put Cisco Systems, Inc. (NASDAQ:CSCO) On Your Watch List?

Jul 04
At US$47.09, Is It Time To Put Cisco Systems, Inc. (NASDAQ:CSCO) On Your Watch List?

AVGO

US$1,745.86

Broadcom

7D

6.4%

1Y

98.9%

Earnings Tell The Story For Broadcom Inc. (NASDAQ:AVGO) As Its Stock Soars 31%

Jul 04
Earnings Tell The Story For Broadcom Inc. (NASDAQ:AVGO) As Its Stock Soars 31%

MRK

US$125.78

Merck

7D

-1.7%

1Y

14.4%

NKE

US$73.05

NIKE

7D

-4.9%

1Y

-30.9%

Nike Suffers Its Worst One-Day Plunge After Guidance Cut, But Shares Are Not A Buy Yet

Jul 03

WFC

US$59.01

Wells Fargo

7D

-2.6%

1Y

39.4%

Wells Fargo: Manageable Near-Term Risks And Meaningful Longer-Term Potential

Jul 01

XOM

US$112.18

Exxon Mobil

7D

-2.4%

1Y

7.2%

Exxon Mobil: The Permian Printing Press

Jun 25