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The FMP Industry PE Ratio endpoint provides the price-to-earnings (PE) ratio for each industry of the stock market. The PE ratio is a measure of how expensive a

Industry PE Ratio API

The FMP Industry PE Ratio endpoint provides the price-to-earnings (PE) ratio for each industry of the stock market. The PE ratio is a measure of how expensive a stock is relative to its earnings. Investors can use the industry PE ratio to identify industries that are overvalued or undervalued.

About 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.

Endpoint:

https://financialmodelingprep.com/api/v4/industry_price_earning_ratio?date=2023-10-10&exchange=NYSE

Industry PE Ratio API Parameters

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Industry PE Ratio API FAQs

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FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
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