Valuation multiples › P/E ratio
P/E ratio by sector and industry
Price-to-earnings ratio: median and quartiles across 11 GICS sectors and 160 industries, from 27,874 valued stocks worldwide.
As of October 14, 2026 · updated daily · CSVJSON
What the numbers show
The lowest sector median is 11.9 (Financials, 2,658 values), the highest 28.8 (Information Technology, 2,294 values).
That is a factor of 2.4 between the two: the same ratio means different things in different sectors, so compare within the industry.
The middle sector (Consumer Staples) has a median of 17.2; half of its 1,246 stocks sit between 11.4 and 28.6.
P/E ratio by sector
| Sector | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Financials | 8.3 | 11.9 | 19.3 | 2,658 |
| Real Estate | 7.5 | 12.4 | 24.2 | 1,287 |
| Energy | 9.2 | 15.3 | 25.3 | 609 |
| Utilities | 10.7 | 17.0 | 27.0 | 545 |
| Communication Services | 9.8 | 17.2 | 34.5 | 644 |
| Consumer Staples | 11.4 | 17.2 | 28.6 | 1,246 |
| Consumer Discretionary | 11.1 | 18.0 | 32.4 | 2,524 |
| Materials | 11.3 | 18.5 | 34.8 | 2,231 |
| Industrials | 12.4 | 20.7 | 37.4 | 3,916 |
| Health Care | 14.4 | 24.1 | 42.2 | 1,339 |
| Information Technology | 15.6 | 28.8 | 56.2 | 2,294 |
P/E ratio by industry (160)
Grouped by sector, sorted by median within each sector. Only industries with at least ten valued stocks.
Communication Services (7)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Publishing | 9.6 | 13.5 | 27.2 | 72 |
| Broadcasting | 10.0 | 15.7 | 25.6 | 39 |
| Internet Content & Information | 9.7 | 16.8 | 28.7 | 70 |
| Telecom Services | 10.6 | 17.3 | 29.7 | 172 |
| Electronic Gaming & Multimedia | 9.9 | 17.3 | 32.7 | 76 |
| Entertainment | 10.1 | 19.3 | 43.8 | 114 |
| Advertising Agencies | 9.8 | 20.6 | 43.4 | 100 |
Consumer Discretionary (28)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Textile Industrial | 6.4 | 9.0 | 12.1 | 10 |
| Residential Construction | 8.8 | 11.9 | 15.6 | 52 |
| Personal Services | 10.5 | 14.5 | 20.3 | 29 |
| Auto & Truck Dealerships | 9.5 | 15.1 | 24.1 | 66 |
| Luxury Goods | 9.8 | 15.3 | 26.1 | 102 |
| Recreational Vehicles | 9.8 | 15.5 | 26.7 | 22 |
| Apparel Retail | 10.4 | 16.1 | 29.4 | 78 |
| Footwear & Accessories | 11.2 | 16.2 | 27.8 | 66 |
| Specialty Retail | 10.4 | 16.5 | 25.9 | 157 |
| Apparel Manufacturing | 10.5 | 16.9 | 30.8 | 136 |
| Home Improvement Retail | 12.3 | 16.9 | 20.8 | 26 |
| Gambling | 10.6 | 17.3 | 34.4 | 33 |
| Textile Manufacturing | 10.5 | 17.5 | 40.7 | 253 |
| Textiles | 7.5 | 17.9 | 54.6 | 27 |
| Restaurants | 13.4 | 18.2 | 28.0 | 133 |
| Education & Training Services | 10.1 | 18.3 | 31.7 | 73 |
| Travel Services | 12.1 | 18.5 | 34.1 | 65 |
| Furnishings, Fixtures & Appliances | 11.9 | 18.5 | 33.2 | 204 |
| Auto Manufacturers | 10.5 | 18.9 | 33.6 | 66 |
| Leisure | 11.8 | 19.2 | 30.1 | 118 |
| Resorts & Casinos | 13.0 | 20.0 | 33.5 | 41 |
| Lodging | 13.7 | 20.2 | 35.3 | 110 |
| Consumer Electronics | 13.8 | 20.5 | 39.3 | 74 |
| Auto Parts | 12.9 | 20.9 | 35.7 | 477 |
| Department Stores | 11.9 | 21.1 | 35.5 | 71 |
| Discount Stores | 16.2 | 21.7 | 34.4 | 20 |
| Internet Retail | 12.9 | 22.3 | 37.6 | 62 |
| Hotels & Entertainment Services | 34.6 | 43.3 | 53.3 | 10 |
Consumer Staples (14)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Farm Products | 8.5 | 14.3 | 25.3 | 198 |
| Tobacco | 9.3 | 15.1 | 21.7 | 27 |
| Beverages - Brewers | 12.0 | 16.2 | 23.3 | 43 |
| Food Distribution | 11.4 | 16.8 | 27.3 | 56 |
| Packaged Foods | 11.5 | 16.9 | 26.4 | 464 |
| Food & Tobacco | 8.7 | 17.8 | 39.7 | 19 |
| Household & Personal Products | 12.1 | 17.9 | 27.0 | 156 |
| Beverages - Non-Alcoholic | 13.2 | 18.1 | 26.7 | 66 |
| Grocery Stores | 12.7 | 18.7 | 26.8 | 60 |
| Confectioners | 10.1 | 19.5 | 30.0 | 55 |
| Food Products | 5.2 | 20.3 | 29.0 | 11 |
| Pharmaceutical Retailers | 16.1 | 20.9 | 29.6 | 39 |
| Beverages - Wineries & Distilleries | 13.3 | 21.4 | 58.0 | 63 |
| Agricultural Products | 8.8 | 31.6 | 45.9 | 14 |
Energy (7)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Oil & Gas Drilling | 7.4 | 11.9 | 19.5 | 20 |
| Oil & Gas Midstream | 8.9 | 13.6 | 24.8 | 71 |
| Oil & Gas Refining & Marketing | 9.6 | 13.9 | 20.8 | 84 |
| Oil & Gas Integrated | 10.0 | 14.0 | 18.5 | 38 |
| Oil & Gas E&P | 8.7 | 14.0 | 22.2 | 159 |
| Thermal Coal | 9.0 | 16.2 | 28.2 | 68 |
| Oil & Gas Equipment & Services | 12.0 | 18.6 | 31.7 | 127 |
Financials (19)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| REIT - Mortgage | 5.3 | 7.4 | 12.5 | 28 |
| Insurance - Specialty | 8.3 | 9.3 | 13.7 | 25 |
| Insurance - Reinsurance | 5.9 | 9.8 | 12.1 | 23 |
| Specialized Finance | 7.6 | 10.0 | 36.6 | 11 |
| Credit Services | 6.8 | 11.1 | 21.7 | 259 |
| Insurance - Life | 6.0 | 11.3 | 19.4 | 80 |
| Banks - Regional | 9.0 | 11.4 | 14.6 | 999 |
| Insurance - Property & Casualty | 8.4 | 12.0 | 15.7 | 97 |
| Asset Management | 5.8 | 12.1 | 22.5 | 485 |
| Insurance - Diversified | 9.2 | 12.6 | 20.2 | 73 |
| Banks - Diversified | 10.7 | 13.5 | 16.9 | 44 |
| Capital Markets | 8.6 | 13.9 | 26.7 | 329 |
| Diversified Financial Services | 8.9 | 15.3 | 44.6 | 13 |
| Investment Brokerage - National | 5.0 | 15.5 | 34.0 | 13 |
| Financial Conglomerates | 9.5 | 16.2 | 25.9 | 44 |
| Mortgage Finance | 8.1 | 16.6 | 133.6 | 68 |
| Insurance Brokers | 8.2 | 18.4 | 32.9 | 31 |
| Financial Data & Stock Exchanges | 19.6 | 24.2 | 32.1 | 42 |
| Shell Companies | 5.3 | 41.0 | 77.3 | 18 |
Health Care (11)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Medical Distribution | 9.6 | 14.9 | 25.2 | 61 |
| Medical Care Facilities | 12.2 | 20.1 | 33.7 | 191 |
| Pharmaceuticals | 12.0 | 20.1 | 30.5 | 24 |
| Drug Manufacturers - Specialty & Generic | 14.0 | 22.9 | 43.4 | 363 |
| Drug Manufacturers - General | 17.0 | 23.2 | 39.2 | 58 |
| Healthcare Plans | 17.7 | 23.7 | 31.3 | 12 |
| Medical Instruments & Supplies | 14.8 | 25.4 | 45.4 | 141 |
| Biotechnology | 12.2 | 25.9 | 55.2 | 194 |
| Medical Devices | 16.9 | 26.0 | 41.4 | 174 |
| Health Information Services | 19.1 | 29.7 | 45.0 | 63 |
| Diagnostics & Research | 22.0 | 34.0 | 51.1 | 76 |
Industrials (26)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Marine Shipping | 8.0 | 12.0 | 21.3 | 194 |
| Airlines | 9.3 | 12.5 | 26.5 | 43 |
| Infrastructure Operations | 10.3 | 13.9 | 20.8 | 58 |
| Rental & Leasing Services | 9.1 | 14.5 | 21.9 | 63 |
| Conglomerates | 8.5 | 14.5 | 29.6 | 232 |
| Staffing & Employment Services | 11.6 | 14.5 | 22.7 | 59 |
| Integrated Freight & Logistics | 10.7 | 14.5 | 27.9 | 149 |
| Construction & Engineering | 11.8 | 15.8 | 83.3 | 13 |
| Engineering & Construction | 10.7 | 16.4 | 30.5 | 567 |
| Airports & Air Services | 13.7 | 16.9 | 22.2 | 40 |
| Industrial Distribution | 10.6 | 18.2 | 32.2 | 87 |
| Farm & Heavy Construction Machinery | 12.2 | 18.4 | 28.9 | 114 |
| Waste Management | 12.0 | 18.5 | 35.6 | 112 |
| Specialty Business Services | 12.5 | 18.5 | 35.0 | 167 |
| Business Equipment & Supplies | 12.1 | 18.6 | 26.5 | 49 |
| Consulting Services | 12.7 | 19.2 | 26.5 | 54 |
| Building Products & Equipment | 11.8 | 19.3 | 36.2 | 178 |
| Tools & Accessories | 13.8 | 20.8 | 35.6 | 98 |
| Railroads | 12.7 | 20.9 | 31.8 | 92 |
| Pollution & Treatment Controls | 13.6 | 24.5 | 48.6 | 54 |
| Metal Fabrication | 13.1 | 26.6 | 45.1 | 171 |
| Specialty Industrial Machinery | 18.0 | 27.5 | 51.5 | 600 |
| Trucking | 11.7 | 27.6 | 48.8 | 29 |
| Electrical Equipment & Parts | 17.8 | 29.5 | 52.0 | 397 |
| Industrial Machinery | 24.6 | 31.9 | 45.9 | 16 |
| Aerospace & Defense | 21.8 | 36.4 | 58.2 | 178 |
Information Technology (13)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Electronics & Computer Distribution | 9.7 | 15.3 | 28.0 | 124 |
| IT Services | 12.9 | 19.7 | 42.8 | 26 |
| Information Technology Services | 13.4 | 19.7 | 35.3 | 329 |
| Computer Hardware | 14.2 | 19.9 | 44.2 | 146 |
| Security & Protection Services | 13.4 | 21.1 | 32.5 | 67 |
| Software - Infrastructure | 12.8 | 23.9 | 48.0 | 204 |
| Solar | 14.0 | 24.9 | 42.1 | 50 |
| Software - Application | 14.8 | 25.5 | 49.9 | 389 |
| Communication Equipment | 16.3 | 32.6 | 73.2 | 184 |
| Scientific & Technical Instruments | 21.4 | 35.0 | 67.7 | 106 |
| Electronic Components | 20.8 | 38.0 | 67.3 | 446 |
| Semiconductors | 22.2 | 41.8 | 75.5 | 242 |
| Semiconductor Equipment & Materials | 31.7 | 47.3 | 75.8 | 133 |
Materials (16)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Containers & Packaging | 7.1 | 11.1 | 18.0 | 18 |
| Other Precious Metals & Mining | 5.0 | 11.5 | 19.4 | 43 |
| Gold | 8.0 | 11.8 | 17.2 | 118 |
| Metals & Mining | 8.5 | 14.1 | 27.1 | 14 |
| Agricultural Inputs | 10.2 | 14.7 | 25.9 | 126 |
| Aluminum | 8.6 | 15.0 | 20.3 | 63 |
| Other Industrial Metals & Mining | 10.2 | 15.6 | 27.2 | 156 |
| Packaging & Containers | 10.0 | 15.9 | 31.0 | 194 |
| Steel | 11.4 | 17.0 | 31.4 | 279 |
| Paper & Paper Products | 9.9 | 17.9 | 29.3 | 86 |
| Building Materials | 11.1 | 18.4 | 33.9 | 185 |
| Lumber & Wood Production | 13.6 | 18.9 | 43.7 | 37 |
| Other | 8.8 | 19.5 | 52.2 | 66 |
| Copper | 13.1 | 19.6 | 36.1 | 42 |
| Chemicals | 13.1 | 21.7 | 43.1 | 217 |
| Specialty Chemicals | 14.1 | 23.7 | 42.0 | 518 |
Real Estate (13)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Real Estate Operations | 4.2 | 7.6 | 29.8 | 32 |
| REIT - Diversified | 7.6 | 10.7 | 16.2 | 106 |
| REIT - Retail | 7.6 | 10.8 | 19.8 | 78 |
| Real Estate - Diversified | 7.3 | 11.5 | 19.1 | 91 |
| Real Estate Services | 7.1 | 11.6 | 21.1 | 374 |
| Real Estate - Development | 7.0 | 11.8 | 25.5 | 370 |
| REIT - Hotel & Motel | 8.5 | 12.8 | 20.4 | 22 |
| REIT - Industrial | 10.3 | 13.6 | 23.7 | 48 |
| REIT - Specialty | 10.3 | 14.9 | 26.2 | 29 |
| REIT - Healthcare Facilities | 15.1 | 18.6 | 27.8 | 21 |
| REIT - Residential | 7.9 | 20.9 | 44.7 | 36 |
| REIT - Office | 10.8 | 21.4 | 42.0 | 42 |
| Real Estate Development | 10.8 | 22.1 | 78.2 | 19 |
Utilities (6)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Utilities - Independent Power Producers | 9.2 | 15.0 | 27.7 | 64 |
| Utilities - Regulated Gas | 11.6 | 16.1 | 20.7 | 83 |
| Utilities - Regulated Electric | 9.4 | 16.7 | 21.9 | 145 |
| Utilities - Diversified | 12.3 | 18.5 | 31.0 | 48 |
| Utilities - Regulated Water | 12.9 | 19.1 | 25.4 | 54 |
| Utilities - Renewable | 10.9 | 19.8 | 39.5 | 132 |
History of sector medians
| Month | Financials | Real Estate | Energy | Utilities | Communication Services | Consumer Staples | Consumer Discretionary | Materials | Industrials | Health Care | Information Technology |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-09 | 12.8 | 12.9 | 15.8 | 17.6 | 17.7 | 17.5 | 18.9 | 19.4 | 21.5 | 24.2 | 29.8 |
| 2026-10 | 12.5 | 12.4 | 15.4 | 17.0 | 17.0 | 17.1 | 18.6 | 19.2 | 21.4 | 24.5 | 29.1 |
Use it
P/E ratio calculator with live sector comparison → · Market valuation by sector and country → · Undervalued stocks by sector → · All 15 metrics →
Cite or reuse this table
Suggested citation: Fair Value Calculator (2026): Price-to-earnings ratio by sector and industry, as of October 14, 2026. https://www.fairvalue-calculator.com/valuation-multiples/pe-ratio
Free to use under CC BY 4.0 with attribution. Raw data: CSV · JSON · API and embedding
Not financial advice. Metrics from reported filings (latest fiscal year or trailing twelve months), percentiles over the visible Fair Value Calculator universe; negative multiples are excluded and outliers beyond the 90th percentile are never the basis of a statement.