Industry PE Ratio

The FMP Industry PE Ratio endpoint provides the price-to-earnings (PE) ratio for each industry of the stock market. The PE ratio is calculated in the same way as the sector PE ratio. Investors can use the industry PE ratio to identify industries that are overvalued or undervalued.
For example, if the semiconductor industry has a PE ratio of 25, while the software industry has a PE ratio of 30, this may indicate that the semiconductor industry is undervalued relative to the software industry. Investors may want to consider investing in the semiconductor industry if they believe that the PE ratio is likely to increase over time.

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