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

25.84
Last update: 03 October 2024

The estimated P/E Ratio for S&P 500 Consumer Discretionary Sector is 25.84, calculated on 03 October 2024.

Considering the last 5 years, an average P/E interval is [23.92 , 30.83]. 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.

03 October 2024 · P/E Ratio: 25.84
03 October 2024 · P/E Ratio: 25.84 · 1Y Average: 25.83 · 1 Std Dev range: [25.14 , 26.52] · 2 Std Dev range: [24.45 , 27.22]
03 October 2024 · P/E Ratio: 25.84 · 5Y Average: 27.37 · 1 Std Dev range: [23.92 , 30.83] · 2 Std Dev range: [20.46 , 34.28]
03 October 2024 · P/E Ratio: 25.84 · 10Y Average: 22.71 · 1 Std Dev range: [18.82 , 26.61] · 2 Std Dev range: [14.92 , 30.50]
03 October 2024 · P/E Ratio: 25.84 · 20Y Average: 19.02 · 1 Std Dev range: [15.71 , 22.33] · 2 Std Dev range: [12.40 , 25.64]
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: 25.84 · 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
( 25.84 )
Deviation
vs μ
Valuation
Last 1Y 25.83 0.69 [24.45 · 25.14 , 26.52 · 27.22]
+0.01 σ
Fair
Last 2Y 25.55 1.53 [22.50 · 24.03 , 27.08 · 28.61]
+0.19 σ
Fair
Last 3Y 25.47 1.74 [22.00 · 23.74 , 27.21 · 28.95]
+0.21 σ
Fair
Last 4Y 26.90 2.53 [21.85 · 24.37 , 29.43 · 31.96]
-0.42 σ
Fair
Last 5Y 27.37 3.46 [20.46 · 23.92 , 30.83 · 34.28]
-0.44 σ
Fair
Last 6Y 25.97 3.66 [18.64 · 22.30 , 29.63 · 33.30]
-0.04 σ
Fair
Last 7Y 24.99 3.76 [17.46 · 21.22 , 28.75 · 32.52]
+0.23 σ
Fair
Last 8Y 23.99 3.73 [16.52 · 20.25 , 27.72 · 31.46]
+0.50 σ
Fair
Last 9Y 23.20 3.83 [15.54 · 19.37 , 27.03 · 30.85]
+0.69 σ
Fair
Last 10Y 22.71 3.90 [14.92 · 18.82 , 26.61 · 30.50]
+0.80 σ
Fair
Last 11Y 22.02 3.81 [14.39 · 18.21 , 25.83 · 29.64]
+1.00 σ
Overvalued
Last 12Y 21.48 3.80 [13.87 · 17.67 , 25.28 · 29.09]
+1.15 σ
Overvalued
Last 13Y 20.87 3.75 [13.37 · 17.12 , 24.61 · 28.36]
+1.33 σ
Overvalued
Last 14Y 20.30 3.89 [12.53 · 16.41 , 24.19 · 28.08]
+1.42 σ
Overvalued
Last 15Y 19.97 3.95 [12.07 · 16.02 , 23.92 · 27.87]
+1.49 σ
Overvalued
Last 16Y 19.77 3.80 [12.18 · 15.97 , 23.57 · 27.37]
+1.60 σ
Overvalued
Last 17Y 19.44 3.75 [11.93 · 15.69 , 23.19 · 26.94]
+1.71 σ
Overvalued
Last 18Y 19.26 3.52 [12.23 · 15.74 , 22.78 · 26.30]
+1.87 σ
Overvalued
Last 19Y 19.04 3.42 [12.20 · 15.62 , 22.46 · 25.88]
+1.99 σ
Overvalued
Last 20Y 19.02 3.31 [12.40 · 15.71 , 22.33 · 25.64]
+2.06 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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +7.95% 03 Oct
Short Term Price vs SMA50 +4.65% 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.