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.
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 ( 21.83 ) |
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).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +18.94% | 03 Oct | |
Short Term | Price vs SMA50 | +6.90% | 03 Oct |