By Prieur du Plessis (Guest Post)
The update on U.S. sector PEs below comes courtesy of my friends at top-quality research house Bespoke.Below we take a look at where the P/E ratios (trailing 12-month) of the S&P 500 and its ten sectors currently stand, as well as where things stood on March 9th, 2009 (bear market low) and April 29th, 2011 (bull market high). As shown, the Industrial sector has seen its multiple decline by the most since 4/29 with a drop of 4.94 points. Materials ranks second at -4.89, followed by Energy (-4.38), Financials (-3.37), and Consumer Discretionary. The…
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