TRV - Financials And Real Estate Dashboard - Update
This article series provides a monthly dashboard of industries in each sector of the GICS classification. It compares valuation and quality factors relative to their historical averages.
Executive summary
Consumer finance and mortgage REITs are undervalued relative to their historical averages in 3 valuation metrics. Capital markets and real estate management have mixed ratios: excellent in price/earnings and price/free cash flow, but bad in price/sales. Commercial banks and thrifts/mortgage look good in price/earnings, but overpriced combining all valuation ratios. Insurance is the most overpriced industry in these 2 sectors, and it is also below its