Data News > A Look at Sectors Performance and Their P/E Ratios
In terms of sector-wise performance, the technology sector saw the highest increase of 2.23% in a single day, while the financial services sector experienced the biggest decrease of 0.81%. The healthcare sector also performed well with a 1.00% increase.
Looking at the price-to-earnings (PE) ratios, the technology sector has the highest PE ratio of 54.77, indicating that investors are willing to pay a higher price for each dollar of earnings. On the other hand, the energy sector has the lowest PE ratio of 14.85, suggesting that it may be undervalued compared to other sectors.
Overall, the stock market showed a mixed performance across different sectors, with technology leading the way in terms of both performance and valuation.
For more information:Sectors Performances Top 100 Stocks
A Look at Sectors Performance and Their P/E Ratios
By KlickAnalytics Data Insights | May 16, 2024 10:01AM ET
Sectors Performances and PE
Following are the Sector-Wise Performance and the Corresponding Price-to-Earnings Data for each Sectors.
| Sector | 1 Day Change (%) | Price-to-earnings (PE) |
| Basic Materials | -0.71% | 28.04 |
| Communication Services | 0.86% | 31.28 |
| Consumer Cyclical | -0.08% | 28.39 |
| Consumer Defensive | 0.79% | 24.87 |
| Energy | -0.55% | 14.85 |
| Financial Services | -0.81% | 17.65 |
| Healthcare | 1.00% | 48.22 |
| Industrials | 0.23% | 29.16 |
| Real Estate | 0.76% | 38.49 |
| Technology | 2.23% | 54.77 |
| Utilities | 0.74% | 19.86 |
Looking at the price-to-earnings (PE) ratios, the technology sector has the highest PE ratio of 54.77, indicating that investors are willing to pay a higher price for each dollar of earnings. On the other hand, the energy sector has the lowest PE ratio of 14.85, suggesting that it may be undervalued compared to other sectors.
Overall, the stock market showed a mixed performance across different sectors, with technology leading the way in terms of both performance and valuation.
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