S&P 500 Health Care Sector: current P/E Ratio

32.94
Last update: 27 December 2024

The estimated P/E Ratio for S&P 500 Health Care Sector is 32.94, calculated on 27 December 2024.

Considering the last 5 years, an average P/E interval is [17.26 , 25.34]. For this reason, the current P/E can be considered Expensive

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

27 December 2024 · P/E Ratio: 32.94
27 December 2024 · P/E Ratio: 32.94 · 1Y Average: 31.94 · 1 Std Dev range: [30.19 , 33.70] · 2 Std Dev range: [28.43 , 35.46]
27 December 2024 · P/E Ratio: 32.94 · 5Y Average: 21.30 · 1 Std Dev range: [17.26 , 25.34] · 2 Std Dev range: [13.22 , 29.38]
27 December 2024 · P/E Ratio: 32.94 · 10Y Average: 19.77 · 1 Std Dev range: [18.12 , 21.42] · 2 Std Dev range: [16.48 , 23.06]
27 December 2024 · P/E Ratio: 32.94 · 20Y Average: 17.38 · 1 Std Dev range: [15.01 , 19.75] · 2 Std Dev range: [12.64 , 22.11]
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".
27 December 2024 · P/E Ratio: 32.94 · 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
( 32.94 )		 Deviation
vs μ		 Valuation
Last 1Y 31.94 1.76 [28.43 · 30.19 , 33.70 · 35.46]
+0.56 σ
Fair
Last 2Y 27.20 4.20 [18.79 · 22.99 , 31.40 · 35.61]
+1.36 σ
Overvalued
Last 3Y 23.65 4.63 [14.39 · 19.02 , 28.28 · 32.91]
+2.00 σ
Expensive
Last 4Y 21.93 4.29 [13.34 · 17.63 , 26.22 · 30.51]
+2.56 σ
Expensive
Last 5Y 21.30 4.04 [13.23 · 17.26 , 25.34 · 29.38]
+2.88 σ
Expensive
Last 6Y 20.47 3.16 [14.15 · 17.31 , 23.63 · 26.78]
+3.95 σ
Expensive
Last 7Y 20.11 2.62 [14.88 · 17.50 , 22.73 · 25.35]
+4.90 σ
Expensive
Last 8Y 19.73 1.97 [15.78 · 17.75 , 21.70 · 23.68]
+6.69 σ
Expensive
Last 9Y 19.55 1.65 [16.25 · 17.90 , 21.20 · 22.85]
+8.11 σ
Expensive
Last 10Y 19.77 1.65 [16.48 · 18.12 , 21.42 · 23.06]
+7.99 σ
Expensive
Last 11Y 19.58 1.41 [16.76 · 18.17 , 20.99 · 22.40]
+9.48 σ
Expensive
Last 12Y 19.36 1.36 [16.64 · 18.00 , 20.72 · 22.08]
+9.98 σ
Expensive
Last 13Y 19.06 1.34 [16.38 · 17.72 , 20.40 · 21.74]
+10.36 σ
Expensive
Last 14Y 18.64 1.78 [15.08 · 16.86 , 20.42 · 22.21]
+8.02 σ
Expensive
Last 15Y 18.25 2.24 [13.76 · 16.00 , 20.49 · 22.74]
+6.54 σ
Expensive
Last 16Y 17.75 2.65 [12.45 · 15.10 , 20.39 · 23.04]
+5.74 σ
Expensive
Last 17Y 17.45 2.75 [11.95 · 14.70 , 20.20 · 22.95]
+5.63 σ
Expensive
Last 18Y 17.35 2.62 [12.10 · 14.73 , 19.97 · 22.59]
+5.95 σ
Expensive
Last 19Y 17.32 2.50 [12.32 · 14.82 , 19.82 · 22.32]
+6.25 σ
Expensive
Last 20Y 17.38 2.37 [12.64 · 15.01 , 19.75 · 22.11]
+6.57 σ
Expensive

S&P 500 Health Care Sector Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -5.58% 27 Dec
Short Term Price vs SMA50 -4.28% 27 Dec
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.