The estimated P/E Ratio for S&P 500 Consumer Discretionary Sector is 27.85, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [24.28 , 30.84]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the XLY Etf, whose benchmark is the S&P 500 Consumer Discretionary 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 Consumer Discretionary 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 ( 27.85 ) |
Deviation vs μ |
Valuation |
Last 1Y | 26.19 | 0.59 | [25.01 · 25.60 , 26.77 · 27.36] |
|
+2.84 σ |
Expensive
|
Last 2Y | 25.96 | 1.19 | [23.59 · 24.77 , 27.15 · 28.34] |
|
+1.59 σ |
Overvalued
|
Last 3Y | 25.36 | 1.61 | [22.15 · 23.76 , 26.97 · 28.58] |
|
+1.55 σ |
Overvalued
|
Last 4Y | 26.64 | 2.27 | [22.10 · 24.37 , 28.91 · 31.17] |
|
+0.53 σ |
Fair
|
Last 5Y | 27.56 | 3.28 | [21.00 · 24.28 , 30.84 · 34.12] |
|
+0.09 σ |
Fair
|
Last 6Y | 26.18 | 3.52 | [19.13 · 22.65 , 29.70 · 33.23] |
|
+0.47 σ |
Fair
|
Last 7Y | 25.18 | 3.68 | [17.81 · 21.49 , 28.86 · 32.54] |
|
+0.73 σ |
Fair
|
Last 8Y | 24.18 | 3.68 | [16.82 · 20.50 , 27.86 · 31.54] |
|
+1.00 σ |
Fair
|
Last 9Y | 23.40 | 3.78 | [15.84 · 19.62 , 27.18 · 30.95] |
|
+1.18 σ |
Overvalued
|
Last 10Y | 22.90 | 3.86 | [15.17 · 19.04 , 26.76 · 30.63] |
|
+1.28 σ |
Overvalued
|
Last 11Y | 22.19 | 3.81 | [14.56 · 18.38 , 26.00 · 29.81] |
|
+1.49 σ |
Overvalued
|
Last 12Y | 21.65 | 3.81 | [14.02 · 17.83 , 25.46 · 29.27] |
|
+1.63 σ |
Overvalued
|
Last 13Y | 21.04 | 3.76 | [13.53 · 17.29 , 24.80 · 28.56] |
|
+1.81 σ |
Overvalued
|
Last 14Y | 20.48 | 3.90 | [12.69 · 16.58 , 24.38 · 28.28] |
|
+1.89 σ |
Overvalued
|
Last 15Y | 20.11 | 4.01 | [12.09 · 16.10 , 24.11 · 28.12] |
|
+1.93 σ |
Overvalued
|
Last 16Y | 19.93 | 3.83 | [12.27 · 16.10 , 23.76 · 27.59] |
|
+2.07 σ |
Expensive
|
Last 17Y | 19.57 | 3.81 | [11.94 · 15.75 , 23.38 · 27.20] |
|
+2.17 σ |
Expensive
|
Last 18Y | 19.37 | 3.60 | [12.17 · 15.77 , 22.96 · 26.56] |
|
+2.36 σ |
Expensive
|
Last 19Y | 19.15 | 3.50 | [12.15 · 15.65 , 22.65 · 26.15] |
|
+2.49 σ |
Expensive
|
Last 20Y | 19.11 | 3.40 | [12.32 · 15.72 , 22.51 · 25.91] |
|
+2.57 σ |
Expensive
|
S&P 500 Consumer Discretionary Sector Trend
Trend is evaluated considering the price of the XLY Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +19.87% | 20 Dec | |
Short Term | Price vs SMA50 | +6.64% | 20 Dec |