Trailing 12-Month P/E Ratios for Sectors

Below we highlight one-year charts of trailing 12-month P/E ratios for the S&P 500 and sectors whose P/Es aren't currently negative.  The S&P 500 Financial, Consumer Discretionary, and Telecom sectors currently have negative P/E ratios, which makes the overall index's P/E high at 18.41. 

Sectors whose P/Es aren't negative have very low trailing P/Es versus historical readings.  The Energy sector currently has the lowest P/E at 6.55.  The second lowest is Materials at 9.14, followed closely by Industrials at 9.44.  And the Technology sector, which usually has a relatively high P/E, currently has a P/E of just 12.49.

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