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 historical averages in 3 valuation metrics. Capital markets are undervalued for 2 metrics out of 3. Real estate management has mixed ratios: excellent in price/earnings and profitability (measured in ROE), but poor in price/cash low and very bad in price/sales. Commercial banks and thrifts/mortgage look undervalued in price/earnings but overpriced combining all valuation ratios. Insurance is the