Data News > A Look at Sectors Performance and Their P/E Ratios
The overall market saw a mixed performance across different sectors. Basic Materials, Energy, and Healthcare sectors showed minimal changes, while Utilities took a significant hit with a 2.57% decrease. Financial Services, Consumer Defensive, and Industrials also experienced declines. Real Estate and Communication Services sectors saw moderate decreases, with Consumer Cyclical and Technology sectors showing slight drops.
In terms of Price-to-Earnings (PE) ratios, Real Estate had the highest ratio at 52.80, indicating potentially overvalued stocks in that sector. Technology sector followed closely behind with a PE ratio of 58.11. Healthcare had a relatively high PE ratio of 41.15, while Financial Services and Consumer Cyclical sectors had PE ratios in the upper 30s. Energy had the lowest PE ratio at 19.13, suggesting potential value opportunities in that sector. Overall, the market continues to show varied performances and valuation metrics across different sectors.
For more information:Sectors Performances Top 100 Stocks
A Look at Sectors Performance and Their P/E Ratios
By KlickAnalytics Data Insights | November 29, 2024 10:00AM 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 | -0.04% | 24.69 |
Communication Services | -0.36% | 39.85 |
Consumer Cyclical | -0.64% | 38.05 |
Consumer Defensive | -0.91% | 28.88 |
Energy | -0.06% | 19.13 |
Financial Services | -0.73% | 18.89 |
Healthcare | -0.03% | 41.15 |
Industrials | -0.69% | 32.86 |
Real Estate | -0.44% | 52.80 |
Technology | -0.34% | 58.11 |
Utilities | -2.57% | 23.24 |
In terms of Price-to-Earnings (PE) ratios, Real Estate had the highest ratio at 52.80, indicating potentially overvalued stocks in that sector. Technology sector followed closely behind with a PE ratio of 58.11. Healthcare had a relatively high PE ratio of 41.15, while Financial Services and Consumer Cyclical sectors had PE ratios in the upper 30s. Energy had the lowest PE ratio at 19.13, suggesting potential value opportunities in that sector. Overall, the market continues to show varied performances and valuation metrics across different sectors.
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