12.19
Last update: 03 May 2024
The estimated P/E Ratio for S&P 500 Energy Sector is 12.19, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [7.81 , 21.39]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the XLE Etf, whose benchmark is the S&P 500 Energy 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 Energy Sector P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
03 May 2024 · P/E Ratio: 12.19
03 May 2024 · P/E Ratio: 12.19 ·
1Y Average: 9.27 ·
1 Std Dev range: [8.21 , 10.33] ·
2 Std Dev range: [7.15 , 11.39]
03 May 2024 · P/E Ratio: 12.19 ·
5Y Average: 14.60 ·
1 Std Dev range: [7.81 , 21.39] ·
2 Std Dev range: [1.02 , 28.17]
03 May 2024 · P/E Ratio: 12.19 ·
10Y Average: 19.50 ·
1 Std Dev range: [11.84 , 27.16] ·
2 Std Dev range: [4.19 , 34.82]
03 May 2024 · P/E Ratio: 12.19 ·
20Y Average: 14.23 ·
1 Std Dev range: [9.20 , 19.27] ·
2 Std Dev range: [4.17 , 24.30]
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".
03 May 2024 · P/E Ratio: 12.19 · 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 ( 12.19 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 9.27 | 1.06 | [7.15 · 8.21 , 10.33 · 11.39] |
|
+2.76 σ |
Expensive
|
| Last 2Y | 9.07 | 1.04 | [7.00 · 8.03 , 10.10 · 11.14] |
|
+3.02 σ |
Expensive
|
| Last 3Y | 9.94 | 1.37 | [7.20 · 8.57 , 11.30 · 12.67] |
|
+1.65 σ |
Overvalued
|
| Last 4Y | 13.13 | 6.35 | [0.42 · 6.78 , 19.48 · 25.84] |
|
-0.15 σ |
Fair
|
| Last 5Y | 14.60 | 6.79 | [1.02 · 7.81 , 21.39 · 28.17] |
|
-0.35 σ |
Fair
|
| Last 6Y | 14.34 | 5.19 | [3.96 · 9.15 , 19.53 · 24.72] |
|
-0.41 σ |
Fair
|
| Last 7Y | 15.88 | 5.79 | [4.30 · 10.09 , 21.67 · 27.46] |
|
-0.64 σ |
Fair
|
| Last 8Y | 17.89 | 7.30 | [3.30 · 10.59 , 25.19 · 32.48] |
|
-0.78 σ |
Fair
|
| Last 9Y | 19.40 | 7.93 | [3.55 · 11.47 , 27.33 · 35.25] |
|
-0.91 σ |
Fair
|
| Last 10Y | 19.50 | 7.66 | [4.19 · 11.84 , 27.16 · 34.82] |
|
-0.95 σ |
Fair
|
| Last 11Y | 18.48 | 7.22 | [4.03 · 11.25 , 25.70 · 32.92] |
|
-0.87 σ |
Fair
|
| Last 12Y | 17.62 | 7.04 | [3.54 · 10.58 , 24.66 · 31.70] |
|
-0.77 σ |
Fair
|
| Last 13Y | 16.70 | 6.76 | [3.18 · 9.94 , 23.46 · 30.22] |
|
-0.67 σ |
Fair
|
| Last 14Y | 16.16 | 6.49 | [3.17 · 9.67 , 22.66 · 29.15] |
|
-0.61 σ |
Fair
|
| Last 15Y | 15.99 | 6.29 | [3.42 · 9.71 , 22.28 · 28.57] |
|
-0.60 σ |
Fair
|
| Last 16Y | 15.38 | 5.95 | [3.48 · 9.43 , 21.34 · 27.29] |
|
-0.54 σ |
Fair
|
| Last 17Y | 15.03 | 5.70 | [3.62 · 9.33 , 20.73 · 26.43] |
|
-0.50 σ |
Fair
|
| Last 18Y | 14.53 | 5.38 | [3.76 · 9.15 , 19.91 · 25.30] |
|
-0.43 σ |
Fair
|
| Last 19Y | 14.22 | 5.19 | [3.84 · 9.03 , 19.41 · 24.60] |
|
-0.39 σ |
Fair
|
| Last 20Y | 14.23 | 5.03 | [4.17 · 9.20 , 19.27 · 24.30] |
|
-0.41 σ |
Fair
|
S&P 500 Energy Sector Trend
Trend is evaluated considering the price of the XLE Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +5.50% | 03 May | |
| Short Term | Price vs SMA50 | -0.01% | 03 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.