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

19.34
Last update: 26 July 2024

The estimated P/E Ratio for S&P 500 Utilities Sector is 19.34, calculated on 26 July 2024.

Considering the last 5 years, an average P/E interval is [18.50 , 19.99]. For this reason, the current P/E can be considered Fair

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.

26 July 2024 · P/E Ratio: 19.34
26 July 2024 · P/E Ratio: 19.34 · 1Y Average: 18.62 · 1 Std Dev range: [17.94 , 19.29] · 2 Std Dev range: [17.27 , 19.96]
26 July 2024 · P/E Ratio: 19.34 · 5Y Average: 19.24 · 1 Std Dev range: [18.50 , 19.99] · 2 Std Dev range: [17.75 , 20.74]
26 July 2024 · P/E Ratio: 19.34 · 10Y Average: 17.96 · 1 Std Dev range: [16.75 , 19.18] · 2 Std Dev range: [15.54 , 20.39]
26 July 2024 · P/E Ratio: 19.34 · 20Y Average: 16.01 · 1 Std Dev range: [14.18 , 17.85] · 2 Std Dev range: [12.35 , 19.68]
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".
26 July 2024 · P/E Ratio: 19.34 · 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
( 19.34 )		 Deviation
vs μ		 Valuation
Last 1Y 18.62 0.67 [17.27 · 17.94 , 19.29 · 19.96]
+1.07 σ
Overvalued
Last 2Y 19.45 1.08 [17.29 · 18.37 , 20.53 · 21.61]
-0.11 σ
Fair
Last 3Y 19.52 0.82 [17.87 · 18.70 , 20.35 · 21.17]
-0.23 σ
Fair
Last 4Y 19.23 0.79 [17.65 · 18.44 , 20.02 · 20.81]
+0.13 σ
Fair
Last 5Y 19.24 0.75 [17.75 · 18.50 , 19.99 · 20.74]
+0.12 σ
Fair
Last 6Y 18.87 0.93 [17.02 · 17.95 , 19.80 · 20.72]
+0.50 σ
Fair
Last 7Y 18.59 1.06 [16.47 · 17.53 , 19.64 · 20.70]
+0.71 σ
Fair
Last 8Y 18.40 1.02 [16.35 · 17.38 , 19.42 · 20.45]
+0.91 σ
Fair
Last 9Y 18.13 1.16 [15.81 · 16.97 , 19.29 · 20.45]
+1.04 σ
Overvalued
Last 10Y 17.96 1.21 [15.54 · 16.75 , 19.18 · 20.39]
+1.13 σ
Overvalued
Last 11Y 17.69 1.31 [15.08 · 16.38 , 19.00 · 20.31]
+1.26 σ
Overvalued
Last 12Y 17.45 1.41 [14.63 · 16.04 , 18.86 · 20.27]
+1.34 σ
Overvalued
Last 13Y 17.19 1.50 [14.19 · 15.69 , 18.69 · 20.19]
+1.43 σ
Overvalued
Last 14Y 16.92 1.64 [13.64 · 15.28 , 18.56 · 20.21]
+1.47 σ
Overvalued
Last 15Y 16.64 1.90 [12.85 · 14.74 , 18.53 · 20.43]
+1.42 σ
Overvalued
Last 16Y 16.32 2.07 [12.17 · 14.24 , 18.39 · 20.46]
+1.46 σ
Overvalued
Last 17Y 16.26 1.98 [12.30 · 14.28 , 18.24 · 20.22]
+1.55 σ
Overvalued
Last 18Y 16.18 1.90 [12.37 · 14.27 , 18.08 · 19.98]
+1.66 σ
Overvalued
Last 19Y 16.08 1.86 [12.36 · 14.22 , 17.94 · 19.81]
+1.75 σ
Overvalued
Last 20Y 16.01 1.83 [12.35 · 14.18 , 17.85 · 19.68]
+1.81 σ
Overvalued

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 +9.74% 26 Jul
Short Term Price vs SMA50 +1.18% 26 Jul
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.