S&P 500 Consumer Discretionary Sector: current P/E Ratio

24.32
Last update: 26 July 2024

The estimated P/E Ratio for S&P 500 Consumer Discretionary Sector is 24.32, calculated on 26 July 2024.

Considering the last 5 years, an average P/E interval is [23.38 , 30.78]. 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.

26 July 2024 · P/E Ratio: 24.32
26 July 2024 · P/E Ratio: 24.32 · 1Y Average: 26.11 · 1 Std Dev range: [25.33 , 26.89] · 2 Std Dev range: [24.54 , 27.68]
26 July 2024 · P/E Ratio: 24.32 · 5Y Average: 27.08 · 1 Std Dev range: [23.38 , 30.78] · 2 Std Dev range: [19.68 , 34.47]
26 July 2024 · P/E Ratio: 24.32 · 10Y Average: 22.44 · 1 Std Dev range: [18.51 , 26.36] · 2 Std Dev range: [14.58 , 30.29]
26 July 2024 · P/E Ratio: 24.32 · 20Y Average: 18.87 · 1 Std Dev range: [15.69 , 22.05] · 2 Std Dev range: [12.50 , 25.23]
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".
26 July 2024 · P/E Ratio: 24.32 · 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
( 24.32 )		 Deviation
vs μ		 Valuation
Last 1Y 26.11 0.78 [24.54 · 25.33 , 26.89 · 27.68]
-2.29 σ
Cheap
Last 2Y 25.20 1.58 [22.04 · 23.62 , 26.78 · 28.36]
-0.56 σ
Fair
Last 3Y 25.72 1.97 [21.79 · 23.75 , 27.69 · 29.65]
-0.71 σ
Fair
Last 4Y 27.41 2.98 [21.45 · 24.43 , 30.39 · 33.38]
-1.04 σ
Undervalued
Last 5Y 27.08 3.70 [19.68 · 23.38 , 30.78 · 34.47]
-0.75 σ
Fair
Last 6Y 25.69 3.80 [18.09 · 21.89 , 29.49 · 33.29]
-0.36 σ
Fair
Last 7Y 24.69 3.88 [16.92 · 20.81 , 28.57 · 32.46]
-0.10 σ
Fair
Last 8Y 23.70 3.80 [16.10 · 19.90 , 27.50 · 31.30]
+0.16 σ
Fair
Last 9Y 22.92 3.87 [15.18 · 19.05 , 26.78 · 30.65]
+0.36 σ
Fair
Last 10Y 22.44 3.93 [14.58 · 18.51 , 26.36 · 30.29]
+0.48 σ
Fair
Last 11Y 21.76 3.80 [14.15 · 17.96 , 25.56 · 29.36]
+0.67 σ
Fair
Last 12Y 21.22 3.78 [13.66 · 17.44 , 25.00 · 28.78]
+0.82 σ
Fair
Last 13Y 20.59 3.74 [13.11 · 16.85 , 24.33 · 28.07]
+1.00 σ
Fair
Last 14Y 20.04 3.86 [12.32 · 16.18 , 23.89 · 27.75]
+1.11 σ
Overvalued
Last 15Y 19.77 3.85 [12.07 · 15.92 , 23.62 · 27.47]
+1.18 σ
Overvalued
Last 16Y 19.57 3.71 [12.15 · 15.86 , 23.28 · 26.99]
+1.28 σ
Overvalued
Last 17Y 19.26 3.64 [11.99 · 15.63 , 22.90 · 26.53]
+1.39 σ
Overvalued
Last 18Y 19.08 3.41 [12.26 · 15.67 , 22.48 · 25.89]
+1.54 σ
Overvalued
Last 19Y 18.89 3.28 [12.33 · 15.61 , 22.17 · 25.45]
+1.65 σ
Overvalued
Last 20Y 18.87 3.18 [12.50 · 15.69 , 22.05 · 25.23]
+1.71 σ
Overvalued

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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +4.02% 26 Jul
Short Term Price vs SMA50 +0.22% 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.