S&P 500 Energy Sector: current P/E Ratio

14.14
Last update: 03 October 2024

The estimated P/E Ratio for S&P 500 Energy Sector is 14.14, calculated on 03 October 2024.

Considering the last 5 years, an average P/E interval is [7.66 , 21.25]. 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.

03 October 2024 · P/E Ratio: 14.14
03 October 2024 · P/E Ratio: 14.14 · 1Y Average: 11.74 · 1 Std Dev range: [10.33 , 13.14] · 2 Std Dev range: [8.93 , 14.54]
03 October 2024 · P/E Ratio: 14.14 · 5Y Average: 14.45 · 1 Std Dev range: [7.66 , 21.25] · 2 Std Dev range: [0.86 , 28.04]
03 October 2024 · P/E Ratio: 14.14 · 10Y Average: 19.48 · 1 Std Dev range: [11.80 , 27.15] · 2 Std Dev range: [4.12 , 34.83]
03 October 2024 · P/E Ratio: 14.14 · 20Y Average: 14.21 · 1 Std Dev range: [9.18 , 19.25] · 2 Std Dev range: [4.15 , 24.28]
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".
03 October 2024 · P/E Ratio: 14.14 · Last Periods metrics
Show all periods
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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
( 14.14 )		 Deviation
vs μ		 Valuation
Last 1Y 11.74 1.40 [8.93 · 10.33 , 13.14 · 14.54]
+1.71 σ
Overvalued
Last 2Y 10.02 1.72 [6.58 · 8.30 , 11.75 · 13.47]
+2.39 σ
Expensive
Last 3Y 9.94 1.37 [7.20 · 8.57 , 11.30 · 12.67]
+3.08 σ
Expensive
Last 4Y 11.28 2.49 [6.30 · 8.79 , 13.77 · 16.26]
+1.15 σ
Overvalued
Last 5Y 14.45 6.79 [0.86 · 7.66 , 21.25 · 28.04]
-0.05 σ
Fair
Last 6Y 14.04 5.13 [3.79 · 8.92 , 19.17 · 24.30]
+0.02 σ
Fair
Last 7Y 14.89 4.88 [5.13 · 10.01 , 19.76 · 24.64]
-0.15 σ
Fair
Last 8Y 16.63 6.22 [4.19 · 10.41 , 22.85 · 29.07]
-0.40 σ
Fair
Last 9Y 18.78 7.94 [2.90 · 10.84 , 26.71 · 34.65]
-0.58 σ
Fair
Last 10Y 19.48 7.68 [4.12 · 11.80 , 27.15 · 34.83]
-0.70 σ
Fair
Last 11Y 18.55 7.16 [4.23 · 11.39 , 25.71 · 32.87]
-0.62 σ
Fair
Last 12Y 17.75 6.93 [3.89 · 10.82 , 24.68 · 31.61]
-0.52 σ
Fair
Last 13Y 16.83 6.66 [3.51 · 10.17 , 23.49 · 30.16]
-0.40 σ
Fair
Last 14Y 16.28 6.41 [3.45 · 9.87 , 22.69 · 29.11]
-0.33 σ
Fair
Last 15Y 15.99 6.28 [3.42 · 9.71 , 22.27 · 28.56]
-0.29 σ
Fair
Last 16Y 15.51 5.87 [3.77 · 9.64 , 21.38 · 27.25]
-0.23 σ
Fair
Last 17Y 15.09 5.67 [3.74 · 9.41 , 20.76 · 26.44]
-0.17 σ
Fair
Last 18Y 14.64 5.32 [4.00 · 9.32 , 19.96 · 25.28]
-0.09 σ
Fair
Last 19Y 14.27 5.17 [3.93 · 9.10 , 19.44 · 24.62]
-0.03 σ
Fair
Last 20Y 14.21 5.03 [4.15 · 9.18 , 19.25 · 24.28]
-0.01 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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +3.35% 03 Oct
Short Term Price vs SMA50 +3.82% 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.