P/E Ratio & Estimated Earnings Growth for S&P Sectors

We are just about to start Q3 and from next week Q2 earnings reports will be coming in. Now is a good time to have a look at the expectations for all sectors of S&P 500. Here are expected earnings growth (based on S&P for Q2) for sectors Y-O-Y.

 

Quarterly Breakdown	2007	2008	% EPS
	Q2A	Q2E	growth
S&P 500	24	21.6	-9.9
S&P 500 Consum. Discretion.	3.8	2.9	-23.4
S&P 500 Consum. Staples	3.9	4.2	8.6
S&P 500 Energy	12.8	15.3	19.1
S&P 500 Financials	10.6	4.2	-60.4
S&P 500 Health Care	5.7	6.4	11.7
S&P 500 Industrials	5.2	5.5	3.8
S&P 500 Information Tech.	3.7	4.5	22
S&P 500 Materials	4.5	4.6	1.3
S&P 500 Telecommun.	2	2.6	29
S&P 500 Utilities	2.3	2.7	18.2

 

As for the total picture for the year 2008, below you will find the estimated P/E valuation for each sector with earnings growth for the whole year.

 

	% Chg	08 P*/E
S&P 500	6.4%	14.5
S&P 500 Consum. Discretion.	-2.2%	17.1
S&P 500 Consum. Staples	11.1%	15.7
S&P 500 Energy	26.6%	11.1
S&P 500 Financials	-27.6%	16.4
S&P 500 Health Care	11.2%	13.6
S&P 500 Industrials	5.3%	13.4
S&P 500 Information Tech.	16.5%	17.6
S&P 500 Materials	4.8%	15.5
S&P 500 Telecommunication	24.7%	13.2
S&P 500 Utilities	11.8%	15.8

 

Related tickers: (FXG), (KXI), (RXI), (IYC), (XLE), (IYE), (IXG), (XLF), (IXJ), (XLV), (XLI), (IYJ), (IYW), (IXN), (GSP), (XME), (JXI), (XLU).

 

Data are based on Standard and Poor's report.

Comments

[jaded risk ...:]

wondering how all sector earnings significantly below the total S&P500 earnings? should the S&P500 earnings be close to the weighted sector earnings?

2008 Aug 12 03:03 AM