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
In these 2 sectors, consumer finance is the only industry where the 3 valuation ratios used here point to underpricing relative to historical averages. Combining the ratios, capital markets look close to fair price and equity REITs are moderately overpriced. Metrics are mixed for mortgage REITs and real estate management: some ratios are very good and other ones very bad. Insurance is the most overpriced industry