13.18
Last update: 26 July 2024
The estimated P/E Ratio for S&P 500 Energy Sector is 13.18, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [7.75 , 21.33]. 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.
26 July 2024 · P/E Ratio: 13.18
26 July 2024 · P/E Ratio: 13.18 ·
1Y Average: 10.30 ·
1 Std Dev range: [9.11 , 11.49] ·
2 Std Dev range: [7.92 , 12.68]
26 July 2024 · P/E Ratio: 13.18 ·
5Y Average: 14.54 ·
1 Std Dev range: [7.75 , 21.33] ·
2 Std Dev range: [0.95 , 28.12]
26 July 2024 · P/E Ratio: 13.18 ·
10Y Average: 19.49 ·
1 Std Dev range: [11.82 , 27.16] ·
2 Std Dev range: [4.15 , 34.82]
26 July 2024 · P/E Ratio: 13.18 ·
20Y Average: 14.22 ·
1 Std Dev range: [9.19 , 19.25] ·
2 Std Dev range: [4.15 , 24.29]
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: 13.18 · 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 ( 13.18 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 10.30 | 1.19 | [7.92 · 9.11 , 11.49 · 12.68] |
|
+2.42 σ |
Expensive
|
| Last 2Y | 9.22 | 1.26 | [6.69 · 7.96 , 10.48 · 11.75] |
|
+3.14 σ |
Expensive
|
| Last 3Y | 9.94 | 1.37 | [7.20 · 8.57 , 11.30 · 12.67] |
|
+2.38 σ |
Expensive
|
| Last 4Y | 12.14 | 4.47 | [3.19 · 7.66 , 16.61 · 21.09] |
|
+0.23 σ |
Fair
|
| Last 5Y | 14.54 | 6.79 | [0.96 · 7.75 , 21.33 · 28.12] |
|
-0.20 σ |
Fair
|
| Last 6Y | 14.19 | 5.15 | [3.89 · 9.04 , 19.34 · 24.49] |
|
-0.20 σ |
Fair
|
| Last 7Y | 15.54 | 5.59 | [4.36 · 9.95 , 21.13 · 26.73] |
|
-0.42 σ |
Fair
|
| Last 8Y | 17.37 | 6.89 | [3.59 · 10.48 , 24.26 · 31.15] |
|
-0.61 σ |
Fair
|
| Last 9Y | 19.16 | 7.94 | [3.27 · 11.21 , 27.10 · 35.05] |
|
-0.75 σ |
Fair
|
| Last 10Y | 19.49 | 7.67 | [4.15 · 11.82 , 27.16 · 34.82] |
|
-0.82 σ |
Fair
|
| Last 11Y | 18.51 | 7.19 | [4.13 · 11.32 , 25.70 · 32.90] |
|
-0.74 σ |
Fair
|
| Last 12Y | 17.68 | 6.99 | [3.70 · 10.69 , 24.67 · 31.66] |
|
-0.64 σ |
Fair
|
| Last 13Y | 16.74 | 6.73 | [3.29 · 10.02 , 23.47 · 30.20] |
|
-0.53 σ |
Fair
|
| Last 14Y | 16.21 | 6.47 | [3.28 · 9.74 , 22.67 · 29.14] |
|
-0.47 σ |
Fair
|
| Last 15Y | 15.97 | 6.29 | [3.39 · 9.68 , 22.27 · 28.56] |
|
-0.44 σ |
Fair
|
| Last 16Y | 15.43 | 5.92 | [3.58 · 9.51 , 21.35 · 27.27] |
|
-0.38 σ |
Fair
|
| Last 17Y | 15.05 | 5.69 | [3.66 · 9.35 , 20.74 · 26.43] |
|
-0.33 σ |
Fair
|
| Last 18Y | 14.57 | 5.36 | [3.85 · 9.21 , 19.93 · 25.29] |
|
-0.26 σ |
Fair
|
| Last 19Y | 14.24 | 5.18 | [3.88 · 9.06 , 19.42 · 24.61] |
|
-0.20 σ |
Fair
|
| Last 20Y | 14.22 | 5.03 | [4.15 · 9.19 , 19.25 · 24.29] |
|
-0.21 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).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +4.14% | 26 Jul | |
| Short Term | Price vs SMA50 | +1.19% | 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.