Mature Industry
An industry which has passed both the emerging and the growth phases of industry growth. Earnings and sales grow slower in mature industries than in growth and emerging industries.
As can be seen above, the third phase is the mature industry phase.
Investopedia Commentary
A mature industry may be at its peak or just past it. While earnings may be stable, growth prospects are few and far between.
Mature industries are characterized by low price to earnings ratios (P/E) and high dividend yields.
Related Links
The Stages Of Industry Growth
Great Expectations: Forecasting Sales Growth
See also: Dividend Yield, Earnings, Emerging Industry, Growth Industry, P/E Ratio, Sunrise Industry
Also spelled: Maturing Industry
mature industry