The PEG ratio is the price-to-earnings ratio you pay relative to a forward long-term growth rate assumption or "G." 

The #SPX500 2.2x PEG is the highest since 2002 (data started). 

Sectors with lower PEGs: Comm Serv. 1.5x, Materials 1.5x, Health Care 1.8x &amp; #Tech 1.9x. @FactSet https://t.co/UFy0TOTGbn