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

23.85
Last update: 24 May 2024

The estimated P/E Ratio for S&P 500 Consumer Staples Sector is 23.85, calculated on 24 May 2024.

Considering the last 5 years, an average P/E interval is [19.52 , 22.43]. For this reason, the current P/E can be considered Overvalued

P/E Ratio is calculated on the XLP Etf, whose benchmark is the S&P 500 Consumer Staples 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 Staples Sector P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.

24 May 2024 · P/E Ratio: 23.85
24 May 2024 · P/E Ratio: 23.85 · 1Y Average: 23.77 · 1 Std Dev range: [22.97 , 24.58] · 2 Std Dev range: [22.16 , 25.39]
24 May 2024 · P/E Ratio: 23.85 · 5Y Average: 20.97 · 1 Std Dev range: [19.52 , 22.43] · 2 Std Dev range: [18.07 , 23.88]
24 May 2024 · P/E Ratio: 23.85 · 10Y Average: 19.79 · 1 Std Dev range: [18.66 , 20.93] · 2 Std Dev range: [17.52 , 22.07]
24 May 2024 · P/E Ratio: 23.85 · 20Y Average: 17.77 · 1 Std Dev range: [15.87 , 19.66] · 2 Std Dev range: [13.97 , 21.56]
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".
24 May 2024 · P/E Ratio: 23.85 · 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
( 23.85 )
Deviation
vs μ
Valuation
Last 1Y 23.77 0.81 [22.16 · 22.97 , 24.58 · 25.39]
+0.09 σ
Fair
Last 2Y 22.84 1.65 [19.55 · 21.20 , 24.49 · 26.14]
+0.61 σ
Fair
Last 3Y 21.97 1.41 [19.16 · 20.56 , 23.37 · 24.78]
+1.34 σ
Overvalued
Last 4Y 21.34 1.42 [18.51 · 19.92 , 22.75 · 24.17]
+1.77 σ
Overvalued
Last 5Y 20.97 1.45 [18.07 · 19.52 , 22.43 · 23.88]
+1.98 σ
Overvalued
Last 6Y 20.38 1.45 [17.48 · 18.93 , 21.83 · 23.27]
+2.40 σ
Expensive
Last 7Y 20.15 1.38 [17.39 · 18.77 , 21.53 · 22.91]
+2.68 σ
Expensive
Last 8Y 20.05 1.18 [17.70 · 18.88 , 21.23 · 22.41]
+3.22 σ
Expensive
Last 9Y 19.94 1.08 [17.78 · 18.86 , 21.02 · 22.10]
+3.62 σ
Expensive
Last 10Y 19.79 1.14 [17.52 · 18.66 , 20.93 · 22.07]
+3.56 σ
Expensive
Last 11Y 19.47 1.24 [16.99 · 18.23 , 20.71 · 21.96]
+3.52 σ
Expensive
Last 12Y 19.19 1.39 [16.41 · 17.80 , 20.58 · 21.98]
+3.35 σ
Expensive
Last 13Y 18.83 1.61 [15.61 · 17.22 , 20.45 · 22.06]
+3.11 σ
Expensive
Last 14Y 18.46 1.93 [14.61 · 16.54 , 20.39 · 22.32]
+2.79 σ
Expensive
Last 15Y 18.15 2.19 [13.78 · 15.97 , 20.34 · 22.52]
+2.61 σ
Expensive
Last 16Y 17.85 2.29 [13.28 · 15.57 , 20.14 · 22.43]
+2.62 σ
Expensive
Last 17Y 17.79 2.19 [13.41 · 15.60 , 19.98 · 22.17]
+2.77 σ
Expensive
Last 18Y 17.74 2.08 [13.59 · 15.66 , 19.82 · 21.89]
+2.94 σ
Expensive
Last 19Y 17.71 1.98 [13.75 · 15.73 , 19.70 · 21.68]
+3.09 σ
Expensive
Last 20Y 17.77 1.90 [13.97 · 15.87 , 19.66 · 21.56]
+3.21 σ
Expensive

S&P 500 Consumer Staples Sector Trend

Trend is evaluated considering the price of the XLP Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +6.39% 24 May
Short Term Price vs SMA50 +1.82% 24 May
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.