25.02
Last update: 26 July 2024
The estimated P/E Ratio for United States Stock Market is 25.02, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [18.60 , 22.34]. 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.
26 July 2024 · P/E Ratio: 25.02
26 July 2024 · P/E Ratio: 25.02 ·
1Y Average: 22.18 ·
1 Std Dev range: [20.98 , 23.39] ·
2 Std Dev range: [19.78 , 24.59]
26 July 2024 · P/E Ratio: 25.02 ·
5Y Average: 20.47 ·
1 Std Dev range: [18.60 , 22.34] ·
2 Std Dev range: [16.73 , 24.21]
26 July 2024 · P/E Ratio: 25.02 ·
10Y Average: 18.40 ·
1 Std Dev range: [16.43 , 20.37] ·
2 Std Dev range: [14.46 , 22.34]
26 July 2024 · P/E Ratio: 25.02 ·
20Y Average: 16.00 ·
1 Std Dev range: [13.90 , 18.10] ·
2 Std Dev range: [11.80 , 20.20]
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".
26 July 2024 · P/E Ratio: 25.02 · 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 ( 25.02 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 22.18 | 1.20 | [19.78 · 20.98 , 23.39 · 24.59] |
|
+2.36 σ |
Expensive
|
| Last 2Y | 20.08 | 2.00 | [16.09 · 18.09 , 22.08 · 24.07] |
|
+2.48 σ |
Expensive
|
| Last 3Y | 20.25 | 1.68 | [16.89 · 18.57 , 21.93 · 23.60] |
|
+2.85 σ |
Expensive
|
| Last 4Y | 20.93 | 1.63 | [17.67 · 19.30 , 22.56 · 24.19] |
|
+2.51 σ |
Expensive
|
| Last 5Y | 20.47 | 1.87 | [16.73 · 18.60 , 22.34 · 24.21] |
|
+2.44 σ |
Expensive
|
| Last 6Y | 19.65 | 2.19 | [15.27 · 17.46 , 21.84 · 24.03] |
|
+2.45 σ |
Expensive
|
| Last 7Y | 19.28 | 2.12 | [15.04 · 17.16 , 21.40 · 23.52] |
|
+2.71 σ |
Expensive
|
| Last 8Y | 18.92 | 2.00 | [14.91 · 16.92 , 20.92 · 22.93] |
|
+3.04 σ |
Expensive
|
| Last 9Y | 18.60 | 1.98 | [14.64 · 16.62 , 20.58 · 22.55] |
|
+3.25 σ |
Expensive
|
| Last 10Y | 18.40 | 1.97 | [14.46 · 16.43 , 20.37 · 22.34] |
|
+3.36 σ |
Expensive
|
| Last 11Y | 18.04 | 1.97 | [14.10 · 16.07 , 20.01 · 21.98] |
|
+3.54 σ |
Expensive
|
| Last 12Y | 17.71 | 2.04 | [13.63 · 15.67 , 19.76 · 21.80] |
|
+3.58 σ |
Expensive
|
| Last 13Y | 17.27 | 2.22 | [12.83 · 15.05 , 19.50 · 21.72] |
|
+3.49 σ |
Expensive
|
| Last 14Y | 16.87 | 2.43 | [12.01 · 14.44 , 19.30 · 21.73] |
|
+3.35 σ |
Expensive
|
| Last 15Y | 16.68 | 2.44 | [11.79 · 14.24 , 19.12 · 21.57] |
|
+3.41 σ |
Expensive
|
| Last 16Y | 16.33 | 2.50 | [11.32 · 13.83 , 18.83 · 21.33] |
|
+3.47 σ |
Expensive
|
| Last 17Y | 16.17 | 2.43 | [11.31 · 13.74 , 18.60 · 21.03] |
|
+3.64 σ |
Expensive
|
| Last 18Y | 16.04 | 2.29 | [11.46 · 13.75 , 18.33 · 20.63] |
|
+3.92 σ |
Expensive
|
| Last 19Y | 15.97 | 2.19 | [11.59 · 13.78 , 18.15 · 20.34] |
|
+4.14 σ |
Expensive
|
| Last 20Y | 16.00 | 2.10 | [11.80 · 13.90 , 18.10 · 20.20] |
|
+4.30 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 | 25.02 |
|
+2.36 σ | +2.44 σ | +3.36 σ | +4.30 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 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 | +9.56% | 26 Jul | |
| Short Term | Price vs SMA50 | +0.86% | 26 Jul |
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.