What is the average p/e ratio of each industry?

Question

I know tech stocks normally have higher p/e ratios than consumer products but what is the average for each industry?

Answer 1

Yahoo! finance has that information. Go to the page for the company that you're interested in. Then click on the "competitors" link in the left hand column. You'll see the average PE ratio for the industry that your stock is in. Keep in mind however, that the industry groupings are not always the most logical. Look at the PE ratios for the main competitors for the company you're interested in.

Answer 2

http://biz.yahoo.com/p/

Market cap, P/E, and a few averaged fundamentals are all there.  Click on the sectors for all the industries (there are tons and tons of them).  Keep in mind though that just because the industry or sector average P/E is what it is, doesn't at all mean it is correctly valued.

Just happened to be on the page.  Taking a break from finding the main sector/industry leaders to set up a trading list.  Good luck.