What is a good pS ratio for the information technology industry?

The 3-year average PS ratio of 5.9x is lower than the industry's current PS ratio of 7.4x. The earnings for companies in the Information Technology industry have grown 5.9% per year over the last three years. Revenues for these companies have grown 2.3% per year.

What is the S&P 500® Information Technology?

See More The S&P 500® Information Technology comprises those companies included in the S&P 500 that are classified as members of the GICS® information technology sector. The S&P 500® Information Technology comprises those companies included in the S&P 500 that are classified as members of the GICS® information technology sector.

Is the American information technology industry a good investment?

Investors are optimistic on the American Information Technology industry, and appear confident in long term growth rates. The industry is trading at a PE ratio of 44.8x which is higher than its 3-year average PE of 39.0x. The 3-year average PS ratio of 5.9x is lower than the industry's current PS ratio of 7.4x.