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

19.47
Last update: 24 May 2024

The estimated P/E Ratio for S&P 500 Utilities Sector is 19.47, calculated on 24 May 2024.

Considering the last 5 years, an average P/E interval is [18.43 , 19.95]. 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.

24 May 2024 · P/E Ratio: 19.47
24 May 2024 · P/E Ratio: 19.47 · 1Y Average: 18.72 · 1 Std Dev range: [17.88 , 19.56] · 2 Std Dev range: [17.04 , 20.40]
24 May 2024 · P/E Ratio: 19.47 · 5Y Average: 19.19 · 1 Std Dev range: [18.43 , 19.95] · 2 Std Dev range: [17.67 , 20.72]
24 May 2024 · P/E Ratio: 19.47 · 10Y Average: 17.89 · 1 Std Dev range: [16.68 , 19.10] · 2 Std Dev range: [15.47 , 20.31]
24 May 2024 · P/E Ratio: 19.47 · 20Y Average: 15.95 · 1 Std Dev range: [14.13 , 17.77] · 2 Std Dev range: [12.30 , 19.59]
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".
24 May 2024 · P/E Ratio: 19.47 · 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
( 19.47 )
Deviation
vs μ
Valuation
Last 1Y 18.72 0.84 [17.04 · 17.88 , 19.56 · 20.40]
+0.89 σ
Fair
Last 2Y 19.60 1.22 [17.16 · 18.38 , 20.82 · 22.05]
-0.11 σ
Fair
Last 3Y 19.51 0.82 [17.86 · 18.68 , 20.33 · 21.15]
-0.04 σ
Fair
Last 4Y 19.12 0.87 [17.38 · 18.25 , 19.98 · 20.85]
+0.41 σ
Fair
Last 5Y 19.19 0.76 [17.67 · 18.43 , 19.95 · 20.72]
+0.37 σ
Fair
Last 6Y 18.76 1.00 [16.76 · 17.76 , 19.77 · 20.77]
+0.71 σ
Fair
Last 7Y 18.53 1.05 [16.44 · 17.49 , 19.58 · 20.63]
+0.90 σ
Fair
Last 8Y 18.34 1.02 [16.30 · 17.32 , 19.36 · 20.38]
+1.11 σ
Overvalued
Last 9Y 18.05 1.18 [15.69 · 16.87 , 19.22 · 20.40]
+1.21 σ
Overvalued
Last 10Y 17.89 1.21 [15.47 · 16.68 , 19.10 · 20.31]
+1.30 σ
Overvalued
Last 11Y 17.63 1.29 [15.05 · 16.34 , 18.92 · 20.21]
+1.43 σ
Overvalued
Last 12Y 17.37 1.41 [14.54 · 15.95 , 18.78 · 20.20]
+1.49 σ
Overvalued
Last 13Y 17.11 1.50 [14.11 · 15.61 , 18.60 · 20.10]
+1.58 σ
Overvalued
Last 14Y 16.83 1.66 [13.51 · 15.17 , 18.49 · 20.15]
+1.59 σ
Overvalued
Last 15Y 16.54 1.93 [12.69 · 14.61 , 18.46 · 20.39]
+1.52 σ
Overvalued
Last 16Y 16.26 2.04 [12.17 · 14.22 , 18.30 · 20.34]
+1.57 σ
Overvalued
Last 17Y 16.23 1.95 [12.33 · 14.28 , 18.18 · 20.13]
+1.66 σ
Overvalued
Last 18Y 16.11 1.89 [12.32 · 14.21 , 18.00 · 19.89]
+1.78 σ
Overvalued
Last 19Y 16.04 1.83 [12.38 · 14.21 , 17.87 · 19.70]
+1.88 σ
Overvalued
Last 20Y 15.95 1.82 [12.30 · 14.13 , 17.77 · 19.59]
+1.93 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 +13.10% 24 May
Short Term Price vs SMA50 +6.65% 24 May
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.