LXP - 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
Mortgage REITs, consumer finance and capital markets are underpriced regarding their historical averages. The first 2 groups are above their profitability baseline whereas the latter is close below it. Real estate management shows excellent metrics except a bad price/sales ratio. Combining the valuation metrics, equity REITs are moderately overpriced. Insurance is the only industry where all valuation metrics point to overpricing. It is not justified by