Investors in America’s retail sector would probably prefer to forget 2023. The S&P Retail Select Industry Index has climbed about 5 per cent, less than a third of the S&P 500’s gain. The industry trades on just 12 times forward earnings, well below the five-year average of 17 times.
美國零售業(yè)的投資者可能寧愿忘記2023年。標普零售精選行業(yè)指數(shù)已上漲約5%,不到標普500指數(shù)漲幅的三分之一。該行業(yè)的預期市盈率僅為12倍,遠低于17倍的5年平均水平。
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