Valuation Temperature, 2026-08
As of 2026-08, the cheapest stock sub-industry by PEG is Renewable power at 0.4×, versus a market median of 1.45×.
Each month this reading shows where 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 1,035 stocks across 117 sub-industries, with a minimum of 2 names each. The richest-vs-history list is drawn from 944 stocks across 92 sub-industries, with a minimum of 4 names each.
Readings from 2026-10 count only companies domiciled in the United States. This one also counted foreign companies listed in the U.S., which were 8% to 15% of the companies behind each reading through 2026-09.
Cheapest stock sub-industries by PEG
| Sub-industry | Median PEG | Fwd growth |
|---|---|---|
| Renewable power | 0.4× | 57.4% |
| Refiners & fuel sellers | 0.4× | 28.9% |
| Financial conglomerates | 0.43× | 17.1% |
| Airlines | 0.46× | 26.4% |
| Aluminum producers | 0.51× | 24.8% |
| Ad agencies & marketing | 0.62× | 23.2% |
| Power producers & energy traders | 0.62× | 48.7% |
| Carmakers | 0.65× | 14.2% |
| TV & radio networks | 0.65× | 124.0% |
| Consumer lending & cards | 0.68× | 19.2% |
Trading richest vs their own history
| Sub-industry | Above normal P/E |
|---|---|
| Contract electronics makers | +128.7% |
| Electronic parts | +116.4% |
| Chipmaking equipment | +109.2% |
| Trucking & freight | +60.1% |
| Aircraft & defense | +58.0% |
| Power producers & energy traders | +50.1% |
| Steelmakers | +49.7% |
| Shipping | +49.2% |
| Chipmakers | +47.8% |
| Computers, storage & devices | +45.5% |
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 1,145 companies; the size-weighted rows cover the 493 whose market value we can place.
| Read | Above or below norm |
|---|---|
| Median stock | -6.5% |
| Weighted by company size | +13.2% |
| Fifty largest companies | +19.1% |
Methodology: see the documentation.
How to cite this
tickerseer, “Valuation Temperature, 2026-08”, https://tickerseer.com/reports/valuation-temperature/2026-08
The tables are also mirrored as CSV, CC BY 4.0, on GitHub, Hugging Face, Kaggle.