Data News > A Look at Sectors Performance and Their P/E Ratios
The stock market saw varied performances across different sectors in terms of 1-day change percentages. Energy sector outperformed with a 2.03% increase, followed by Utilities with a 2.15% gain, while Financial Services and Consumer Cyclical sectors experienced slight declines.
When looking at the price-to-earnings (PE) ratios, Healthcare sector had the highest PE ratio of 52.69, indicating potentially high growth expectations for companies in this sector. Technology sector followed closely behind with a PE ratio of 42.77, signaling investor confidence in tech companies. On the other hand, Energy sector had a relatively lower PE ratio of 14.60, suggesting potential undervaluation in this sector.
Overall, the data shows a mixed performance among different sectors, with investors potentially favoring high-growth sectors like Healthcare and Technology while being cautious towards industries like Financial Services and Consumer Defensive.
For more information:Sectors Performances Top 100 Stocks
A Look at Sectors Performance and Their P/E Ratios
By KlickAnalytics Data Insights | June 11, 2024 04:01PM 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 | 1.39% | 25.96 |
| Communication Services | 0.66% | 39.40 |
| Consumer Cyclical | -0.01% | 32.94 |
| Consumer Defensive | -0.15% | 24.01 |
| Energy | 2.03% | 14.60 |
| Financial Services | -0.84% | 17.45 |
| Healthcare | 0.59% | 52.69 |
| Industrials | 0.11% | 28.33 |
| Real Estate | 0.42% | 39.65 |
| Technology | 1.63% | 42.77 |
| Utilities | 2.15% | 19.86 |
When looking at the price-to-earnings (PE) ratios, Healthcare sector had the highest PE ratio of 52.69, indicating potentially high growth expectations for companies in this sector. Technology sector followed closely behind with a PE ratio of 42.77, signaling investor confidence in tech companies. On the other hand, Energy sector had a relatively lower PE ratio of 14.60, suggesting potential undervaluation in this sector.
Overall, the data shows a mixed performance among different sectors, with investors potentially favoring high-growth sectors like Healthcare and Technology while being cautious towards industries like Financial Services and Consumer Defensive.
For more information:
This article was generated by KlickAnalytics data insight content engine.
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.