The Price/Earnings to Industry Average (%) compares a company's Price-to-Earnings (P/E) ratio to the average P/E ratio of its industry. It helps investors understand how a company's stock is valued relative to its industry peers. If a company's P/E ratio is lower than the industry average, it may indicate that the stock is undervalued compared to competitors. Conversely, a higher P/E ratio could suggest that the stock is overvalued. This metric provides context for assessing whether a stock's price aligns with industry standards.