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 in each industry.
Executive summary
All industries look overpriced in utilities. Power producers/traders is the only one to be better than its historical baseline in profitability and price/sales ratio. Utilities have a strong momentum: it was the first sector to hit a new all-time high in 2019 after 2018 Q4 correction, and it is the only one showing gains 7 weeks in a row when I write this.