The FactSet data point out that at technology, on a 12-month forward basis of 14.7, is trading at the steepest discount to its 10-year average of 16.8. The Technology Select Sector SPDR (NYSEArca: XLK) currently sports a P/E of about 15 compared to 18.2 for XLP.
S&P 500 Sectors 12-Month P/E Ratios
Data/Chart Courtesy: FactSet via The Reformed Broker. ETF Trends editorial team contributed to this post.