25.81
Last update: 03 October 2024
The estimated P/E Ratio for United States Stock Market is 25.81, calculated on 03 October 2024.
Considering the last 5 years, an average P/E interval is [19.02 , 22.67]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the VTI Etf, whose benchmark is the United States Stock Market.
Historical P/E Ratio
When evaluating the P/E Ratio, it's important to not only look at its absolute value but also compare it to the average of previous periods. This allows for a more comprehensive understanding of the index/market valuation.
The following chart shows how the United States Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
03 October 2024 · P/E Ratio: 25.81
03 October 2024 · P/E Ratio: 25.81 ·
1Y Average: 23.18 ·
1 Std Dev range: [21.56 , 24.79] ·
2 Std Dev range: [19.95 , 26.41]
03 October 2024 · P/E Ratio: 25.81 ·
5Y Average: 20.85 ·
1 Std Dev range: [19.02 , 22.67] ·
2 Std Dev range: [17.20 , 24.49]
03 October 2024 · P/E Ratio: 25.81 ·
10Y Average: 18.61 ·
1 Std Dev range: [16.55 , 20.67] ·
2 Std Dev range: [14.49 , 22.73]
03 October 2024 · P/E Ratio: 25.81 ·
20Y Average: 16.09 ·
1 Std Dev range: [13.88 , 18.30] ·
2 Std Dev range: [11.66 , 20.52]
Methodology
The Average P/E (μ) and the Standard Deviation (σ) are calculated excluding 20% outliers (i.e. over a range of values excluding 10% of observations from the top and 10% from the bottom of the dataset).
A P/E between (μ - σ) and (μ + σ) is considered "Fair", over a specific timeframe.
A P/E greater than (μ + σ) is defined "Overvalued", greater than (μ + 2σ) is defined "Expensive".
A P/E less than (μ - σ) is defined "Undervalued", less than (μ - 2σ) is defined "Cheap".
A P/E greater than (μ + σ) is defined "Overvalued", greater than (μ + 2σ) is defined "Expensive".
A P/E less than (μ - σ) is defined "Undervalued", less than (μ - 2σ) is defined "Cheap".
03 October 2024 · P/E Ratio: 25.81 · Last Periods metrics
Show all periods
Swipe left to see all data
Range |
Analysis |
|||||
|---|---|---|---|---|---|---|
| Period | Average P/E (μ) |
Std Dev (σ) |
Std Dev Range [ μ-2σ · μ-σ , μ+σ · μ+2σ ] |
vs Current P/E ( 25.81 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 23.18 | 1.62 | [19.95 · 21.56 , 24.79 · 26.41] |
|
+1.63 σ |
Overvalued
|
| Last 2Y | 21.09 | 2.25 | [16.58 · 18.83 , 23.34 · 25.59] |
|
+2.10 σ |
Expensive
|
| Last 3Y | 20.42 | 1.90 | [16.61 · 18.52 , 22.33 · 24.23] |
|
+2.83 σ |
Expensive
|
| Last 4Y | 20.95 | 1.66 | [17.63 · 19.29 , 22.61 · 24.27] |
|
+2.92 σ |
Expensive
|
| Last 5Y | 20.85 | 1.82 | [17.20 · 19.02 , 22.67 · 24.49] |
|
+2.72 σ |
Expensive
|
| Last 6Y | 19.99 | 2.21 | [15.57 · 17.78 , 22.19 · 24.40] |
|
+2.64 σ |
Expensive
|
| Last 7Y | 19.51 | 2.23 | [15.05 · 17.28 , 21.74 · 23.97] |
|
+2.83 σ |
Expensive
|
| Last 8Y | 19.14 | 2.11 | [14.93 · 17.03 , 21.25 · 23.36] |
|
+3.16 σ |
Expensive
|
| Last 9Y | 18.81 | 2.08 | [14.65 · 16.73 , 20.89 · 22.97] |
|
+3.37 σ |
Expensive
|
| Last 10Y | 18.61 | 2.06 | [14.49 · 16.55 , 20.67 · 22.73] |
|
+3.50 σ |
Expensive
|
| Last 11Y | 18.24 | 2.05 | [14.13 · 16.19 , 20.29 · 22.35] |
|
+3.69 σ |
Expensive
|
| Last 12Y | 17.92 | 2.10 | [13.71 · 15.82 , 20.02 · 22.13] |
|
+3.75 σ |
Expensive
|
| Last 13Y | 17.50 | 2.24 | [13.03 · 15.26 , 19.73 · 21.97] |
|
+3.72 σ |
Expensive
|
| Last 14Y | 17.08 | 2.46 | [12.17 · 14.62 , 19.54 · 22.00] |
|
+3.55 σ |
Expensive
|
| Last 15Y | 16.85 | 2.53 | [11.79 · 14.32 , 19.38 · 21.91] |
|
+3.54 σ |
Expensive
|
| Last 16Y | 16.52 | 2.56 | [11.39 · 13.96 , 19.08 · 21.64] |
|
+3.63 σ |
Expensive
|
| Last 17Y | 16.30 | 2.54 | [11.22 · 13.76 , 18.85 · 21.39] |
|
+3.74 σ |
Expensive
|
| Last 18Y | 16.17 | 2.40 | [11.38 · 13.77 , 18.57 · 20.97] |
|
+4.02 σ |
Expensive
|
| Last 19Y | 16.07 | 2.30 | [11.46 · 13.77 , 18.37 · 20.68] |
|
+4.23 σ |
Expensive
|
| Last 20Y | 16.09 | 2.21 | [11.66 · 13.88 , 18.30 · 20.52] |
|
+4.39 σ |
Expensive
|
P/E Comparison
How is the United States Stock Market P/E Ratio, compared to other global ratios?
Swipe left to see all data
| Deviation vs μ | ||||||||
|---|---|---|---|---|---|---|---|---|
| Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
|
United States | 25.81 |
|
+1.63 σ | +2.72 σ | +3.50 σ | +4.39 σ | |
| All World | 21.10 |
|
+1.66 σ | +2.46 σ | +3.64 σ | +4.40 σ | ||
United States Stock Market Trend
Trend is evaluated considering the price of the VTI Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +8.07% | 03 Oct | |
| Short Term | Price vs SMA50 | +2.52% | 03 Oct |
The 200-day moving average is a long-term indicator that takes into account the average price of a stock over the past 200 trading days. It is considered a significant level of support or resistance, meaning that when the stock price is above the 200-day moving average (i.e. margin vs moving average is positive), it is generally viewed as bullish, while when it is below, it is viewed as bearish.
The 50-day moving average, on the other hand, is a shorter-term indicator that measures the average price of a stock over the past 50 trading days. It is also viewed as a significant level of support or resistance and can be used to identify shorter-term trends.