RLGY - 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 look underpriced by 10% to 20% relative to valuation ratios historical averages. Capital markets look close to fair price. Real estate management has mixed metrics: it looks good in price/earnings, price/free cash flow and profitability, but the price/sales is bad. Commercial banks and thrifts/mortgage look good regarding the price/earnings ratio, but they are overpriced combining all valuation metrics. Insurance is the