The estimated P/E Ratio for S&P 500 Utilities Sector is 21.42, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [18.47 , 20.42]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the XLU Etf, whose benchmark is the S&P 500 Utilities 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 Utilities 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 ( 21.42 ) |
Deviation vs μ |
Valuation |
Last 1Y | 19.59 | 1.21 | [17.17 · 18.38 , 20.80 · 22.02] |
|
+1.51 σ |
Overvalued
|
Last 2Y | 19.96 | 1.35 | [17.25 · 18.61 , 21.32 · 22.67] |
|
+1.08 σ |
Overvalued
|
Last 3Y | 19.87 | 1.09 | [17.68 · 18.78 , 20.96 · 22.05] |
|
+1.42 σ |
Overvalued
|
Last 4Y | 19.61 | 0.97 | [17.67 · 18.64 , 20.57 · 21.54] |
|
+1.88 σ |
Overvalued
|
Last 5Y | 19.44 | 0.97 | [17.49 · 18.47 , 20.42 · 21.39] |
|
+2.03 σ |
Expensive
|
Last 6Y | 19.20 | 0.90 | [17.40 · 18.30 , 20.10 · 21.00] |
|
+2.47 σ |
Expensive
|
Last 7Y | 18.80 | 1.16 | [16.48 · 17.64 , 19.96 · 21.12] |
|
+2.26 σ |
Expensive
|
Last 8Y | 18.56 | 1.10 | [16.36 · 17.46 , 19.66 · 20.77] |
|
+2.59 σ |
Expensive
|
Last 9Y | 18.37 | 1.14 | [16.10 · 17.24 , 19.51 · 20.64] |
|
+2.69 σ |
Expensive
|
Last 10Y | 18.18 | 1.22 | [15.73 · 16.96 , 19.40 · 20.63] |
|
+2.65 σ |
Expensive
|
Last 11Y | 17.91 | 1.31 | [15.29 · 16.60 , 19.21 · 20.52] |
|
+2.69 σ |
Expensive
|
Last 12Y | 17.67 | 1.41 | [14.85 · 16.26 , 19.07 · 20.48] |
|
+2.67 σ |
Expensive
|
Last 13Y | 17.39 | 1.51 | [14.36 · 15.88 , 18.90 · 20.42] |
|
+2.66 σ |
Expensive
|
Last 14Y | 17.14 | 1.62 | [13.90 · 15.52 , 18.77 · 20.39] |
|
+2.64 σ |
Expensive
|
Last 15Y | 16.90 | 1.82 | [13.26 · 15.08 , 18.71 · 20.53] |
|
+2.49 σ |
Expensive
|
Last 16Y | 16.53 | 2.08 | [12.37 · 14.45 , 18.61 · 20.69] |
|
+2.35 σ |
Expensive
|
Last 17Y | 16.39 | 2.07 | [12.26 · 14.32 , 18.46 · 20.52] |
|
+2.43 σ |
Expensive
|
Last 18Y | 16.33 | 1.97 | [12.39 · 14.36 , 18.29 · 20.26] |
|
+2.59 σ |
Expensive
|
Last 19Y | 16.19 | 1.95 | [12.30 · 14.24 , 18.13 · 20.08] |
|
+2.69 σ |
Expensive
|
Last 20Y | 16.17 | 1.87 | [12.43 · 14.30 , 18.04 · 19.91] |
|
+2.81 σ |
Expensive
|
S&P 500 Utilities Sector Trend
Trend is evaluated considering the price of the XLU Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +4.29% | 20 Dec | |
Short Term | Price vs SMA50 | -4.00% | 20 Dec |