Who is winning the digital disruption contest in capital markets? The Economist recently published an article examining price to earnings ratios (PE) for companies and market segments that have been the primary targets of disruptive technology – including banking. They found that PE ratios in the financial sector show little impact from digital disruption. This doesn’t mean disruptors are losing; it means disruptors and incumbents are both winning.This content requires a Finadium subscription. Articles with an unlocked symbol can be accessed with free registration. Log in or create a free account by signing up here..