Valuation Temperature, 2026-10
As of 2026-10, the cheapest U.S. stock sub-industry by PEG is Airlines at 0.4×, versus a market median of 1.33×.
Each month this reading shows where U.S. stock sub-industries sit on valuation: the cheapest by PEG, and the ones trading richest against their own history. The figures are aggregate only. The cheapest-by-PEG list is drawn from 991 stocks across 111 sub-industries, with a minimum of 2 names each. The richest-vs-history list is drawn from 904 stocks across 88 sub-industries, with a minimum of 4 names each.
This reading counts companies domiciled in the United States. The linked industry pages rank every company covered, foreign ones included, so a figure there can differ from the one here.
Cheapest U.S. stock sub-industries by PEG
| Sub-industry | Median PEG | Fwd growth |
|---|---|---|
| Airlines | 0.4× | 34.4% |
| Refiners & fuel sellers | 0.41× | 28.1% |
| Financial conglomerates | 0.42× | 17.8% |
| Car parts | 0.61× | 17.6% |
| Ad agencies & marketing | 0.65× | 24.5% |
| Mortgage lenders | 0.65× | 12.9% |
| Consumer lending & cards | 0.66× | 22.6% |
| Video games | 0.66× | 69.7% |
| Power producers & energy traders | 0.72× | 38.7% |
| Mortgage trusts | 0.74× | 8.8% |
Trading richest vs their own history
| Sub-industry | Above normal P/E |
|---|---|
| Electronic parts | +120.2% |
| Contract electronics makers | +96.8% |
| Chipmaking equipment | +65.9% |
| Chipmakers | +47.6% |
| Networking gear | +37.1% |
| Industrial distributors | +31.1% |
| Electrical parts & systems | +30.7% |
| Trucking & freight | +30.2% |
| Aircraft & defense | +24.1% |
| Lab tools & research services | +22.5% |
The average stock against the index
A single index ratio cannot show whether the market is expensive everywhere or expensive in a few very large companies. Measuring each company against its own history separates the two. The median covers 1,105 companies; the size-weighted rows cover the 1,102 whose market value we can place.
| Read | Above or below norm |
|---|---|
| Median stock | -13.4% |
| Weighted by company size | +4.4% |
| Fifty largest companies | +15.1% |
Methodology: see the documentation.
How to cite this
tickerseer, “Valuation Temperature, 2026-10”, https://tickerseer.com/reports/valuation-temperature
The tables are also mirrored as CSV, CC BY 4.0, on GitHub, Hugging Face, Kaggle.