Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

When viewing a stocks Fundamental, Valuation data, what does the % in Industry indicator tell me?

April 26, 2017Data fundamental indicator Industry stock valuation viewing

0

Posted

When viewing a stocks Fundamental, Valuation data, what does the % in Industry indicator tell me?

1 Answer

0

Posted

For a specific stock, Valuation looks at Price/Earnings Ratios, Price/Cash Ratios, and other important ratios. The Industry Average and % in Industry columns help you compare the stock’s ratios to others in the industry. For example, if a stock’s PEG Ratio is 2.13 and the Industry Average is 1.70 and the % in Industry is 66%, that means 44% of stocks in the industry have a higher PEG ratio and 65% of stocks in the industry have a lower PEG ratio.