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
For more information:
Earning Price Impact Earning Estimates Earning Call Transcript
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.
For more information:
This article was generated by KlickAnalytics data insight content engine.
For more information:
To view full story, Upgrade to PRO plan with only $1
Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.