S&P 500 Industrials Sector: current P/E Ratio

27.54
Last update: 03 October 2024

The estimated P/E Ratio for S&P 500 Industrials Sector is 27.54, calculated on 03 October 2024.

Considering the last 5 years, an average P/E interval is [18.69 , 23.39]. For this reason, the current P/E can be considered Expensive

P/E Ratio is calculated on the XLI Etf, whose benchmark is the S&P 500 Industrials 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 Industrials 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: 27.54
03 October 2024 · P/E Ratio: 27.54 · 1Y Average: 23.62 · 1 Std Dev range: [21.61 , 25.64] · 2 Std Dev range: [19.59 , 27.65]
03 October 2024 · P/E Ratio: 27.54 · 5Y Average: 21.04 · 1 Std Dev range: [18.69 , 23.39] · 2 Std Dev range: [16.34 , 25.73]
03 October 2024 · P/E Ratio: 27.54 · 10Y Average: 18.35 · 1 Std Dev range: [15.83 , 20.88] · 2 Std Dev range: [13.30 , 23.40]
03 October 2024 · P/E Ratio: 27.54 · 20Y Average: 16.32 · 1 Std Dev range: [14.33 , 18.30] · 2 Std Dev range: [12.35 , 20.28]
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: 27.54 · 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
( 27.54 )		 Deviation
vs μ		 Valuation
Last 1Y 23.62 2.02 [19.59 · 21.61 , 25.64 · 27.65]
+1.94 σ
Overvalued
Last 2Y 21.60 2.26 [17.08 · 19.34 , 23.86 · 26.12]
+2.63 σ
Expensive
Last 3Y 20.33 2.05 [16.23 · 18.28 , 22.38 · 24.44]
+3.51 σ
Expensive
Last 4Y 21.22 2.13 [16.96 · 19.09 , 23.35 · 25.48]
+2.97 σ
Expensive
Last 5Y 21.04 2.35 [16.34 · 18.69 , 23.39 · 25.73]
+2.77 σ
Expensive
Last 6Y 19.93 2.80 [14.32 · 17.12 , 22.73 · 25.53]
+2.72 σ
Expensive
Last 7Y 19.47 2.72 [14.02 · 16.74 , 22.19 · 24.92]
+2.96 σ
Expensive
Last 8Y 19.08 2.52 [14.05 · 16.57 , 21.60 · 24.12]
+3.36 σ
Expensive
Last 9Y 18.61 2.54 [13.53 · 16.07 , 21.16 · 23.70]
+3.51 σ
Expensive
Last 10Y 18.35 2.53 [13.30 · 15.83 , 20.88 · 23.40]
+3.64 σ
Expensive
Last 11Y 18.02 2.38 [13.27 · 15.65 , 20.40 · 22.77]
+4.00 σ
Expensive
Last 12Y 17.68 2.38 [12.92 · 15.30 , 20.06 · 22.43]
+4.15 σ
Expensive
Last 13Y 17.26 2.39 [12.47 · 14.86 , 19.65 · 22.04]
+4.30 σ
Expensive
Last 14Y 16.95 2.40 [12.15 · 14.55 , 19.36 · 21.76]
+4.41 σ
Expensive
Last 15Y 16.85 2.37 [12.12 · 14.48 , 19.21 · 21.58]
+4.52 σ
Expensive
Last 16Y 16.54 2.34 [11.87 · 14.21 , 18.88 · 21.22]
+4.71 σ
Expensive
Last 17Y 16.37 2.29 [11.79 · 14.08 , 18.65 · 20.94]
+4.88 σ
Expensive
Last 18Y 16.26 2.13 [12.00 · 14.13 , 18.39 · 20.52]
+5.30 σ
Expensive
Last 19Y 16.20 2.02 [12.15 · 14.17 , 18.22 · 20.24]
+5.61 σ
Expensive
Last 20Y 16.32 1.98 [12.35 · 14.33 , 18.30 · 20.28]
+5.66 σ
Expensive

S&P 500 Industrials Sector Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +9.84% 03 Oct
Short Term Price vs SMA50 +4.50% 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.