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Average PE ratio by industry/sector?


mostazapicante

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As the title says, is there any one reliable source for average PE ratio by industry/sector, and by major indices?

I'm trading across multiple industries and sectors, and indices, and trying to geta sense of whether a PE for a specific stock is high or low.

A reference table or better still, calculator or rating tool that compare the stock to the average.

 

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Guest tommo

An alternative approach would be to compare relative strengths and BPI charts for the different sectors and subsectors.This will indicate sectors in favour with institutions and hence most likely to rise in price.50 day moving average is trigger point for buy or sell so BPI chart for that would give you a signal

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15 hours ago, mostazapicante said:

As the title says, is there any one reliable source for average PE ratio by industry/sector, and by major indices?

I'm trading across multiple industries and sectors, and indices, and trying to geta sense of whether a PE for a specific stock is high or low.

A reference table or better still, calculator or rating tool that compare the stock to the average.

 

Where are you from , i might be able to help you  . I can get hold of this type of thing for a few markets  

ScreenShot222.jpg

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Thansk all for the replies.

I'm quite new to trading so not sure if I've been clear.

An example is:

I'm looking at 'Company X' - a semiconductor company.

I calculate the PE for 'Company X'.

I now want to refer to an easily accessible (ideally dynamically updating from live data) of what the semiconductor industry average PE is, so I can quickly see if 'Company X' is above or below the industry average.

As I am trying to diversify in several industries, I don't want to have to calculate multiple PE ratios for other companies and take an average to see if the company I'm interest in has a "high" or "low" PE. To do this across multiple inustries would be time consuming.
 

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Take a look at Stockopedia. It is a paid service which sounds like it will cover what you are looking for - in the scenario above, has metrics which ranks the stock against its industry / sector peers to give you an indication of earning, profitability etc.

It is primarily a fundamental service which has its own stock ranking system/algorithm and enabled you to run screens / scans on various ratio's or fundamental parameters. 

I use it myself and it has been pretty good so far. The cost may be seen as a little high for some (it could be made back with a few good trades), but the breadth and depth of info is good. 

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