25.69
Last update: 20 December 2024
The estimated P/E Ratio for United States Stock Market is 25.69, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [19.38 , 22.91]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the VTI Etf, whose benchmark is the United States Stock Market.
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 United States Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
20 December 2024 · P/E Ratio: 25.69
20 December 2024 · P/E Ratio: 25.69 ·
1Y Average: 24.34 ·
1 Std Dev range: [23.16 , 25.51] ·
2 Std Dev range: [21.99 , 26.69]
20 December 2024 · P/E Ratio: 25.69 ·
5Y Average: 21.15 ·
1 Std Dev range: [19.38 , 22.91] ·
2 Std Dev range: [17.62 , 24.67]
20 December 2024 · P/E Ratio: 25.69 ·
10Y Average: 18.75 ·
1 Std Dev range: [16.63 , 20.87] ·
2 Std Dev range: [14.51 , 22.99]
20 December 2024 · P/E Ratio: 25.69 ·
20Y Average: 16.15 ·
1 Std Dev range: [13.86 , 18.44] ·
2 Std Dev range: [11.57 , 20.73]
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".
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".
20 December 2024 · P/E Ratio: 25.69 · Last Periods metrics
Show all periods
Swipe left to see all data
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 ( 25.69 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 24.34 | 1.18 | [21.99 · 23.16 , 25.51 · 26.69] |
|
+1.15 σ |
Overvalued
|
| Last 2Y | 22.00 | 2.15 | [17.71 · 19.85 , 24.14 · 26.29] |
|
+1.72 σ |
Overvalued
|
| Last 3Y | 20.65 | 2.18 | [16.30 · 18.48 , 22.83 · 25.00] |
|
+2.31 σ |
Expensive
|
| Last 4Y | 21.08 | 1.81 | [17.47 · 19.28 , 22.89 · 24.70] |
|
+2.55 σ |
Expensive
|
| Last 5Y | 21.15 | 1.76 | [17.62 · 19.38 , 22.91 · 24.67] |
|
+2.57 σ |
Expensive
|
| Last 6Y | 20.24 | 2.19 | [15.87 · 18.06 , 22.43 · 24.61] |
|
+2.49 σ |
Expensive
|
| Last 7Y | 19.67 | 2.30 | [15.06 · 17.36 , 21.97 · 24.28] |
|
+2.61 σ |
Expensive
|
| Last 8Y | 19.31 | 2.16 | [14.99 · 17.15 , 21.47 · 23.63] |
|
+2.95 σ |
Expensive
|
| Last 9Y | 18.96 | 2.14 | [14.67 · 16.81 , 21.10 · 23.24] |
|
+3.14 σ |
Expensive
|
| Last 10Y | 18.75 | 2.12 | [14.51 · 16.63 , 20.87 · 22.99] |
|
+3.27 σ |
Expensive
|
| Last 11Y | 18.38 | 2.11 | [14.15 · 16.26 , 20.49 · 22.60] |
|
+3.46 σ |
Expensive
|
| Last 12Y | 18.05 | 2.15 | [13.75 · 15.90 , 20.21 · 22.36] |
|
+3.55 σ |
Expensive
|
| Last 13Y | 17.64 | 2.25 | [13.14 · 15.39 , 19.90 · 22.15] |
|
+3.57 σ |
Expensive
|
| Last 14Y | 17.23 | 2.48 | [12.27 · 14.75 , 19.70 · 22.18] |
|
+3.41 σ |
Expensive
|
| Last 15Y | 16.95 | 2.60 | [11.76 · 14.36 , 19.55 · 22.15] |
|
+3.36 σ |
Expensive
|
| Last 16Y | 16.65 | 2.59 | [11.46 · 14.06 , 19.24 · 21.83] |
|
+3.49 σ |
Expensive
|
| Last 17Y | 16.39 | 2.62 | [11.15 · 13.77 , 19.01 · 21.62] |
|
+3.55 σ |
Expensive
|
| Last 18Y | 16.26 | 2.47 | [11.31 · 13.78 , 18.73 · 21.21] |
|
+3.81 σ |
Expensive
|
| Last 19Y | 16.15 | 2.38 | [11.40 · 13.77 , 18.53 · 20.90] |
|
+4.01 σ |
Expensive
|
| Last 20Y | 16.15 | 2.29 | [11.57 · 13.86 , 18.44 · 20.73] |
|
+4.16 σ |
Expensive
|
P/E Comparison
How is the United States Stock Market P/E Ratio, compared to other global ratios?
Swipe left to see all data
| Deviation vs μ | ||||||||
|---|---|---|---|---|---|---|---|---|
| Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
|
United States | 25.69 |
|
+1.15 σ | +2.57 σ | +3.27 σ | +4.16 σ | |
| All World | 20.46 |
|
+0.66 σ | +1.89 σ | +2.96 σ | +3.83 σ | ||
United States Stock Market Trend
Trend is evaluated considering the price of the VTI Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +7.57% | 20 Dec | |
| Short Term | Price vs SMA50 | +0.06% | 20 Dec |
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.