Investment insights from Capital Group
Gene editing is set to expand over the next decade
Source: Statista. As of January 2023. CRISPR stands for "clustered regularly interspaced short palindromic repeats."
Health care stocks appear undervalued relative to the broad market
Sources: Capital Group, MSCI. Relative valuation is the ratio between the forward 12-month price-to-earnings (P/E) ratio of health care-related sectors and the MSCI USA Index. P/E for a stock is computed by dividing the price of a stock by the company’s annual earnings per share. A value below zero indicates that health care is relatively undervalued. As of 24 April, 2024.
Companies are developing cell and gene therapies for many diseases
Sources: Capital Group, MSCI, Drug Discovery & Development. Company examples include constituents of the MSCI All Country World Pharmaceuticals, Biotech and Life Sciences Index that fall within the top 15 largest companies by market capitalisation and have gene editing and cell engineering candidates in current development as of March 10, 2023. Market capitalisations as of 25 April, 2024.
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