Alphabet (NASDAQ:GOOGL) Has A Rock Solid Balance Sheet
Jan 01
U.S. Market Analysis & Valuation
UpdatedJan 01, 2023
DataAggregated Company Financials
Companies8939
- 7D-0.06%
- 3M5.5%
- 1Y-23.2%
- YTD-23.4%
In the last week, the market has been flat. As for last year, the market is down 23%. As for the next few years, earnings are expected to grow by 15% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 02 Jan 2023 | US$41.2t | US$20.6t | US$1.8t | 14.3x | 22.8x | 2x |
| Wed, 30 Nov 2022 | US$42.5t | US$20.5t | US$1.8t | 14.6x | 23.4x | 2.1x |
| Fri, 28 Oct 2022 | US$41.3t | US$20.1t | US$1.8t | 14.4x | 22.8x | 2.1x |
| Sun, 25 Sep 2022 | US$40.0t | US$19.9t | US$1.8t | 13.9x | 21.7x | 2x |
| Tue, 23 Aug 2022 | US$45.0t | US$19.9t | US$1.8t | 15.4x | 24.5x | 2.3x |
| Thu, 21 Jul 2022 | US$43.3t | US$19.4t | US$1.9t | 15.2x | 22.8x | 2.2x |
| Sat, 18 Jun 2022 | US$40.4t | US$19.4t | US$1.9t | 14.3x | 21.1x | 2.1x |
| Mon, 16 May 2022 | US$43.7t | US$19.4t | US$1.9t | 15.5x | 22.8x | 2.3x |
| Wed, 13 Apr 2022 | US$48.7t | US$18.9t | US$1.9t | 16.8x | 25.1x | 2.6x |
| Fri, 11 Mar 2022 | US$47.8t | US$18.9t | US$1.9t | 15.8x | 24.6x | 2.5x |
| Sun, 06 Feb 2022 | US$50.4t | US$18.6t | US$1.9t | 16.3x | 27x | 2.7x |
| Tue, 04 Jan 2022 | US$54.5t | US$18.3t | US$1.7t | 17.4x | 31.3x | 3x |
| Thu, 02 Dec 2021 | US$52.7t | US$18.2t | US$1.7t | 16.6x | 30.2x | 2.9x |
| Sat, 30 Oct 2021 | US$58.3t | US$17.7t | US$1.7t | 17.9x | 34.7x | 3.3x |
| Mon, 27 Sep 2021 | US$52.2t | US$17.4t | US$1.6t | 17.9x | 32.5x | 3x |
| Wed, 25 Aug 2021 | US$51.9t | US$17.4t | US$1.6t | 17.2x | 32.5x | 3x |
| Thu, 01 Jul 2021 | US$50.5t | US$17.2t | US$1.6t | 17.5x | 32.1x | 2.9x |
| Sun, 04 Apr 2021 | US$46.3t | US$16.2t | US$1.2t | 18.8x | 37.9x | 2.9x |
| Wed, 06 Jan 2021 | US$43.6t | US$15.6t | US$838.4b | 18x | 52x | 2.8x |
| Sat, 10 Oct 2020 | US$37.6t | US$15.3t | US$837.2b | 16.1x | 44.9x | 2.5x |
| Fri, 03 Jul 2020 | US$33.7t | US$15.3t | US$837.1b | 16.6x | 40.2x | 2.2x |
| Mon, 06 Apr 2020 | US$27.3t | US$15.9t | US$1.0t | 13x | 26.5x | 1.7x |
| Thu, 09 Jan 2020 | US$34.7t | US$16.0t | US$1.3t | 17.6x | 26.7x | 2.2x |
Price to Earnings Ratio
26.7x
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 22.8x which is lower than its 3-year average PE of 33.2x.
Past Earnings Growth
- The earnings for American listed companies have grown 12% per year over the last three years.
- Revenues for these companies have grown 8.7% 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 | -0.059% | |
| Financials | 0.37% | |
| Energy | 0.27% | |
| Telecom | 0.25% | |
| Tech | 0.068% | |
| Healthcare | -0.015% | |
| Consumer Discretionary | -0.038% | |
| Industrials | -0.19% | |
| Real Estate | -0.64% | |
| Utilities | -0.68% | |
| Consumer Staples | -0.88% | |
| Materials | -1.08% | |
Sector PE
- Investors are most optimistic about the Healthcare sector, which is trading close to its 3-year average PE ratio of 48.1x.
- This optimism is likely because analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings growth of 3.6% per year.
- Investors are most pessimistic about the Energy sector. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 2.4x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings growth rate of 6.8% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 7.2% per year 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 | |
|---|---|---|---|---|---|---|
| GEHC.V GE HealthCare Technologies | US$58.38 | 1.5% +US$26.5b | n/a | PE13.9x | Healthcare | |
| JPM JPMorgan Chase | US$134.10 | 2.1% +US$8.3b | -15.3% | PB1.5x | Financials | |
| MSFT Microsoft | US$239.82 | 0.5% +US$8.1b | -28.7% | PE25.6x | Tech | |
| BRK.A Berkshire Hathaway | US$468.71k | 1.1% +US$7.8b | 4.0% | PS2.3x | Financials | |
| XOM Exxon Mobil | US$110.30 | 1.5% +US$6.7b | 80.3% | PE8.8x | Energy |
Market Insights
US markets received a boost on Tuesday when inflation data showed prices rising slightly less than expected...
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