The estimated P/E Ratio for S&P 500 Consumer Staples Sector is 24.01, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [19.66 , 22.65]. 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.
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 ( 24.01 ) |
Deviation vs μ |
Valuation |
Last 1Y | 23.46 | 0.49 | [22.49 · 22.98 , 23.95 · 24.44] |
|
+1.11 σ |
Overvalued
|
Last 2Y | 23.14 | 1.42 | [20.30 · 21.72 , 24.56 · 25.98] |
|
+0.61 σ |
Fair
|
Last 3Y | 22.19 | 1.41 | [19.37 · 20.78 , 23.60 · 25.00] |
|
+1.29 σ |
Overvalued
|
Last 4Y | 21.56 | 1.42 | [18.72 · 20.14 , 22.98 · 24.41] |
|
+1.72 σ |
Overvalued
|
Last 5Y | 21.16 | 1.50 | [18.16 · 19.66 , 22.65 · 24.15] |
|
+1.90 σ |
Overvalued
|
Last 6Y | 20.58 | 1.49 | [17.60 · 19.09 , 22.06 · 23.55] |
|
+2.31 σ |
Expensive
|
Last 7Y | 20.25 | 1.49 | [17.27 · 18.76 , 21.74 · 23.22] |
|
+2.52 σ |
Expensive
|
Last 8Y | 20.13 | 1.28 | [17.56 · 18.85 , 21.41 · 22.70] |
|
+3.02 σ |
Expensive
|
Last 9Y | 20.02 | 1.18 | [17.66 · 18.84 , 21.21 · 22.39] |
|
+3.37 σ |
Expensive
|
Last 10Y | 19.91 | 1.19 | [17.53 · 18.72 , 21.10 · 22.29] |
|
+3.44 σ |
Expensive
|
Last 11Y | 19.59 | 1.29 | [17.01 · 18.30 , 20.87 · 22.16] |
|
+3.44 σ |
Expensive
|
Last 12Y | 19.30 | 1.42 | [16.46 · 17.88 , 20.72 · 22.14] |
|
+3.32 σ |
Expensive
|
Last 13Y | 18.95 | 1.61 | [15.74 · 17.34 , 20.55 · 22.16] |
|
+3.15 σ |
Expensive
|
Last 14Y | 18.58 | 1.90 | [14.79 · 16.68 , 20.48 · 22.37] |
|
+2.86 σ |
Expensive
|
Last 15Y | 18.26 | 2.17 | [13.92 · 16.09 , 20.43 · 22.60] |
|
+2.65 σ |
Expensive
|
Last 16Y | 17.92 | 2.31 | [13.29 · 15.61 , 20.24 · 22.55] |
|
+2.63 σ |
Expensive
|
Last 17Y | 17.84 | 2.22 | [13.39 · 15.62 , 20.07 · 22.29] |
|
+2.77 σ |
Expensive
|
Last 18Y | 17.79 | 2.11 | [13.57 · 15.68 , 19.90 · 22.01] |
|
+2.95 σ |
Expensive
|
Last 19Y | 17.75 | 2.02 | [13.72 · 15.74 , 19.77 · 21.79] |
|
+3.10 σ |
Expensive
|
Last 20Y | 17.79 | 1.93 | [13.94 · 15.87 , 19.72 · 21.65] |
|
+3.23 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).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +6.44% | 26 Jul | |
Short Term | Price vs SMA50 | +1.37% | 26 Jul |