The estimated P/E Ratio for S&P 500 Energy Sector is 14.50, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [7.57 , 21.18]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the XLE Etf, whose benchmark is the S&P 500 Energy Sector.
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 S&P 500 Energy Sector P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
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".
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 ( 14.50 ) |
Deviation vs μ |
Valuation |
Last 1Y | 12.34 | 1.14 | [10.06 · 11.20 , 13.48 · 14.62] |
|
+1.90 σ |
Overvalued
|
Last 2Y | 10.32 | 1.92 | [6.48 · 8.40 , 12.24 · 14.16] |
|
+2.18 σ |
Expensive
|
Last 3Y | 10.04 | 1.51 | [7.02 · 8.53 , 11.55 · 13.06] |
|
+2.96 σ |
Expensive
|
Last 4Y | 11.00 | 1.96 | [7.08 · 9.04 , 12.96 · 14.92] |
|
+1.79 σ |
Overvalued
|
Last 5Y | 14.38 | 6.80 | [0.77 · 7.57 , 21.18 · 27.99] |
|
+0.02 σ |
Fair
|
Last 6Y | 14.02 | 5.13 | [3.76 · 8.89 , 19.15 · 24.29] |
|
+0.09 σ |
Fair
|
Last 7Y | 14.50 | 4.51 | [5.48 · 9.99 , 19.01 · 23.52] |
|
+0.00 σ |
Fair
|
Last 8Y | 16.14 | 5.76 | [4.62 · 10.38 , 21.91 · 27.67] |
|
-0.28 σ |
Fair
|
Last 9Y | 18.45 | 7.89 | [2.68 · 10.56 , 26.33 · 34.22] |
|
-0.50 σ |
Fair
|
Last 10Y | 19.45 | 7.70 | [4.06 · 11.76 , 27.15 · 34.84] |
|
-0.64 σ |
Fair
|
Last 11Y | 18.56 | 7.16 | [4.25 · 11.40 , 25.71 · 32.87] |
|
-0.57 σ |
Fair
|
Last 12Y | 17.78 | 6.91 | [3.97 · 10.88 , 24.69 · 31.59] |
|
-0.47 σ |
Fair
|
Last 13Y | 16.88 | 6.62 | [3.63 · 10.26 , 23.50 · 30.12] |
|
-0.36 σ |
Fair
|
Last 14Y | 16.30 | 6.41 | [3.49 · 9.89 , 22.70 · 29.11] |
|
-0.28 σ |
Fair
|
Last 15Y | 15.98 | 6.29 | [3.40 · 9.69 , 22.27 · 28.56] |
|
-0.23 σ |
Fair
|
Last 16Y | 15.55 | 5.84 | [3.87 · 9.71 , 21.39 · 27.23] |
|
-0.18 σ |
Fair
|
Last 17Y | 15.10 | 5.67 | [3.76 · 9.43 , 20.77 · 26.44] |
|
-0.10 σ |
Fair
|
Last 18Y | 14.68 | 5.30 | [4.08 · 9.38 , 19.97 · 25.27] |
|
-0.03 σ |
Fair
|
Last 19Y | 14.30 | 5.15 | [3.99 · 9.15 , 19.46 · 24.61] |
|
+0.04 σ |
Fair
|
Last 20Y | 14.21 | 5.04 | [4.14 · 9.17 , 19.24 · 24.28] |
|
+0.06 σ |
Fair
|
S&P 500 Energy Sector Trend
Trend is evaluated considering the price of the XLE Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -7.90% | 20 Dec | |
Short Term | Price vs SMA50 | -8.03% | 20 Dec |