The estimated P/E Ratio for S&P 500 Health Care Sector is 31.76, calculated on 05 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.
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 ( 31.76 ) |
Deviation vs μ |
Valuation |
Last 1Y | 31.94 | 1.76 | [28.43 · 30.19 , 33.70 · 35.46] |
|
-0.11 σ |
Fair
|
Last 2Y | 27.20 | 4.20 | [18.79 · 22.99 , 31.40 · 35.61] |
|
+1.08 σ |
Overvalued
|
Last 3Y | 23.65 | 4.63 | [14.39 · 19.02 , 28.28 · 32.91] |
|
+1.75 σ |
Overvalued
|
Last 4Y | 21.93 | 4.29 | [13.34 · 17.63 , 26.22 · 30.51] |
|
+2.29 σ |
Expensive
|
Last 5Y | 21.30 | 4.04 | [13.23 · 17.26 , 25.34 · 29.38] |
|
+2.59 σ |
Expensive
|
Last 6Y | 20.47 | 3.16 | [14.15 · 17.31 , 23.63 · 26.78] |
|
+3.57 σ |
Expensive
|
Last 7Y | 20.11 | 2.62 | [14.88 · 17.50 , 22.73 · 25.35] |
|
+4.45 σ |
Expensive
|
Last 8Y | 19.73 | 1.97 | [15.78 · 17.75 , 21.70 · 23.68] |
|
+6.09 σ |
Expensive
|
Last 9Y | 19.55 | 1.65 | [16.25 · 17.90 , 21.20 · 22.85] |
|
+7.40 σ |
Expensive
|
Last 10Y | 19.77 | 1.65 | [16.48 · 18.12 , 21.42 · 23.06] |
|
+7.28 σ |
Expensive
|
Last 11Y | 19.58 | 1.41 | [16.76 · 18.17 , 20.99 · 22.40] |
|
+8.64 σ |
Expensive
|
Last 12Y | 19.36 | 1.36 | [16.64 · 18.00 , 20.72 · 22.08] |
|
+9.12 σ |
Expensive
|
Last 13Y | 19.06 | 1.34 | [16.38 · 17.72 , 20.40 · 21.74] |
|
+9.48 σ |
Expensive
|
Last 14Y | 18.64 | 1.78 | [15.08 · 16.86 , 20.42 · 22.21] |
|
+7.36 σ |
Expensive
|
Last 15Y | 18.25 | 2.24 | [13.76 · 16.00 , 20.49 · 22.74] |
|
+6.02 σ |
Expensive
|
Last 16Y | 17.75 | 2.65 | [12.45 · 15.10 , 20.39 · 23.04] |
|
+5.30 σ |
Expensive
|
Last 17Y | 17.45 | 2.75 | [11.95 · 14.70 , 20.20 · 22.95] |
|
+5.20 σ |
Expensive
|
Last 18Y | 17.35 | 2.62 | [12.10 · 14.73 , 19.97 · 22.59] |
|
+5.50 σ |
Expensive
|
Last 19Y | 17.32 | 2.50 | [12.32 · 14.82 , 19.82 · 22.32] |
|
+5.78 σ |
Expensive
|
Last 20Y | 17.38 | 2.37 | [12.64 · 15.01 , 19.75 · 22.11] |
|
+6.07 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).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -1.71% | 05 Dec | |
Short Term | Price vs SMA50 | -2.58% | 05 Dec |