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

21.83
Last update: 03 October 2024

The estimated P/E Ratio for S&P 500 Utilities Sector is 21.83, calculated on 03 October 2024.

Considering the last 5 years, an average P/E interval is [18.50 , 20.22]. 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.

03 October 2024 · P/E Ratio: 21.83
03 October 2024 · P/E Ratio: 21.83 · 1Y Average: 18.83 · 1 Std Dev range: [18.12 , 19.53] · 2 Std Dev range: [17.41 , 20.24]
03 October 2024 · P/E Ratio: 21.83 · 5Y Average: 19.36 · 1 Std Dev range: [18.50 , 20.22] · 2 Std Dev range: [17.64 , 21.08]
03 October 2024 · P/E Ratio: 21.83 · 10Y Average: 18.09 · 1 Std Dev range: [16.88 , 19.30] · 2 Std Dev range: [15.67 , 20.51]
03 October 2024 · P/E Ratio: 21.83 · 20Y Average: 16.11 · 1 Std Dev range: [14.26 , 17.96] · 2 Std Dev range: [12.42 , 19.81]
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: 21.83 · 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
( 21.83 )		 Deviation
vs μ		 Valuation
Last 1Y 18.83 0.71 [17.41 · 18.12 , 19.53 · 20.24]
+4.23 σ
Expensive
Last 2Y 19.63 1.21 [17.21 · 18.42 , 20.84 · 22.04]
+1.82 σ
Overvalued
Last 3Y 19.68 0.96 [17.76 · 18.72 , 20.65 · 21.61]
+2.22 σ
Expensive
Last 4Y 19.44 0.86 [17.72 · 18.58 , 20.30 · 21.16]
+2.78 σ
Expensive
Last 5Y 19.36 0.86 [17.64 · 18.50 , 20.22 · 21.08]
+2.87 σ
Expensive
Last 6Y 19.06 0.87 [17.32 · 18.19 , 19.92 · 20.79]
+3.20 σ
Expensive
Last 7Y 18.70 1.10 [16.51 · 17.60 , 19.79 · 20.89]
+2.86 σ
Expensive
Last 8Y 18.48 1.08 [16.33 · 17.40 , 19.55 · 20.63]
+3.12 σ
Expensive
Last 9Y 18.27 1.14 [15.99 · 17.13 , 19.41 · 20.55]
+3.12 σ
Expensive
Last 10Y 18.09 1.21 [15.67 · 16.88 , 19.30 · 20.51]
+3.09 σ
Expensive
Last 11Y 17.82 1.31 [15.20 · 16.51 , 19.13 · 20.43]
+3.07 σ
Expensive
Last 12Y 17.58 1.41 [14.76 · 16.17 , 18.99 · 20.40]
+3.01 σ
Expensive
Last 13Y 17.31 1.51 [14.29 · 15.80 , 18.82 · 20.32]
+3.00 σ
Expensive
Last 14Y 17.06 1.63 [13.81 · 15.43 , 18.68 · 20.31]
+2.93 σ
Expensive
Last 15Y 16.79 1.85 [13.10 · 14.95 , 18.64 · 20.49]
+2.73 σ
Expensive
Last 16Y 16.43 2.10 [12.23 · 14.33 , 18.53 · 20.63]
+2.57 σ
Expensive
Last 17Y 16.34 2.03 [12.28 · 14.31 , 18.37 · 20.40]
+2.70 σ
Expensive
Last 18Y 16.27 1.94 [12.39 · 14.33 , 18.20 · 20.14]
+2.87 σ
Expensive
Last 19Y 16.14 1.91 [12.32 · 14.23 , 18.05 · 19.97]
+2.97 σ
Expensive
Last 20Y 16.11 1.85 [12.42 · 14.26 , 17.96 · 19.81]
+3.09 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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +18.94% 03 Oct
Short Term Price vs SMA50 +6.90% 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.