38.12
Last update: 20 December 2024
The estimated P/E Ratio for S&P 500 Information Technology Sector is 38.12, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [25.01 , 31.62]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the XLK Etf, whose benchmark is the S&P 500 Information Technology 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 Information Technology Sector P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
20 December 2024 · P/E Ratio: 38.12
20 December 2024 · P/E Ratio: 38.12 ·
1Y Average: 34.75 ·
1 Std Dev range: [33.33 , 36.17] ·
2 Std Dev range: [31.91 , 37.58]
20 December 2024 · P/E Ratio: 38.12 ·
5Y Average: 28.31 ·
1 Std Dev range: [25.01 , 31.62] ·
2 Std Dev range: [21.70 , 34.92]
20 December 2024 · P/E Ratio: 38.12 ·
10Y Average: 22.23 ·
1 Std Dev range: [17.03 , 27.42] ·
2 Std Dev range: [11.84 , 32.62]
20 December 2024 · P/E Ratio: 38.12 ·
20Y Average: 18.25 ·
1 Std Dev range: [14.07 , 22.44] ·
2 Std Dev range: [9.88 , 26.62]
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".
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".
20 December 2024 · P/E Ratio: 38.12 · 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 ( 38.12 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 34.75 | 1.42 | [31.91 · 33.33 , 36.17 · 37.58] |
|
+2.38 σ |
Expensive
|
| Last 2Y | 32.21 | 2.79 | [26.62 · 29.42 , 35.00 · 37.79] |
|
+2.12 σ |
Expensive
|
| Last 3Y | 30.15 | 3.23 | [23.68 · 26.91 , 33.38 · 36.62] |
|
+2.47 σ |
Expensive
|
| Last 4Y | 29.19 | 3.06 | [23.07 · 26.13 , 32.25 · 35.31] |
|
+2.92 σ |
Expensive
|
| Last 5Y | 28.31 | 3.31 | [21.70 · 25.01 , 31.62 · 34.92] |
|
+2.97 σ |
Expensive
|
| Last 6Y | 26.67 | 4.05 | [18.58 · 22.62 , 30.72 · 34.77] |
|
+2.83 σ |
Expensive
|
| Last 7Y | 25.21 | 4.72 | [15.77 · 20.49 , 29.93 · 34.65] |
|
+2.74 σ |
Expensive
|
| Last 8Y | 23.96 | 4.84 | [14.28 · 19.12 , 28.80 · 33.65] |
|
+2.92 σ |
Expensive
|
| Last 9Y | 22.94 | 5.03 | [12.88 · 17.91 , 27.97 · 32.99] |
|
+3.02 σ |
Expensive
|
| Last 10Y | 22.23 | 5.20 | [11.84 · 17.03 , 27.42 · 32.62] |
|
+3.06 σ |
Expensive
|
| Last 11Y | 21.33 | 5.14 | [11.05 · 16.19 , 26.47 · 31.61] |
|
+3.27 σ |
Expensive
|
| Last 12Y | 20.59 | 5.17 | [10.26 · 15.43 , 25.76 · 30.93] |
|
+3.39 σ |
Expensive
|
| Last 13Y | 19.76 | 5.20 | [9.35 · 14.55 , 24.96 · 30.16] |
|
+3.53 σ |
Expensive
|
| Last 14Y | 19.08 | 5.28 | [8.53 · 13.81 , 24.36 · 29.64] |
|
+3.61 σ |
Expensive
|
| Last 15Y | 18.74 | 5.25 | [8.24 · 13.49 , 23.99 · 29.24] |
|
+3.69 σ |
Expensive
|
| Last 16Y | 18.33 | 4.99 | [8.34 · 13.33 , 23.32 · 28.31] |
|
+3.96 σ |
Expensive
|
| Last 17Y | 18.05 | 4.82 | [8.41 · 13.23 , 22.87 · 27.69] |
|
+4.17 σ |
Expensive
|
| Last 18Y | 18.04 | 4.52 | [8.99 · 13.52 , 22.57 · 27.09] |
|
+4.44 σ |
Expensive
|
| Last 19Y | 18.07 | 4.31 | [9.45 · 13.76 , 22.38 · 26.69] |
|
+4.65 σ |
Expensive
|
| Last 20Y | 18.25 | 4.19 | [9.88 · 14.07 , 22.44 · 26.62] |
|
+4.75 σ |
Expensive
|
S&P 500 Information Technology Sector Trend
Trend is evaluated considering the price of the XLK Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +7.48% | 20 Dec | |
| Short Term | Price vs SMA50 | +1.14% | 20 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.