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

13.67
Last update: 20 November 2024

The estimated P/E Ratio for S&P 500 Energy Sector is 13.67, calculated on 20 November 2024.

Considering the last 5 years, an average P/E interval is [7.60 , 21.20]. 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.

20 November 2024 · P/E Ratio: 13.67
20 November 2024 · P/E Ratio: 13.67 · 1Y Average: 11.99 · 1 Std Dev range: [10.76 , 13.21] · 2 Std Dev range: [9.53 , 14.44]
20 November 2024 · P/E Ratio: 13.67 · 5Y Average: 14.40 · 1 Std Dev range: [7.60 , 21.20] · 2 Std Dev range: [0.79 , 28.01]
20 November 2024 · P/E Ratio: 13.67 · 10Y Average: 19.46 · 1 Std Dev range: [11.78 , 27.15] · 2 Std Dev range: [4.09 , 34.84]
20 November 2024 · P/E Ratio: 13.67 · 20Y Average: 14.21 · 1 Std Dev range: [9.17 , 19.24] · 2 Std Dev range: [4.13 , 24.28]
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".
20 November 2024 · P/E Ratio: 13.67 · 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
( 13.67 )
Deviation
vs μ
Valuation
Last 1Y 11.99 1.23 [9.53 · 10.76 , 13.21 · 14.44]
+1.37 σ
Overvalued
Last 2Y 10.16 1.77 [6.61 · 8.38 , 11.93 · 13.71]
+1.98 σ
Overvalued
Last 3Y 9.94 1.37 [7.19 · 8.57 , 11.31 · 12.69]
+2.71 σ
Expensive
Last 4Y 11.11 2.20 [6.71 · 8.91 , 13.31 · 15.51]
+1.16 σ
Overvalued
Last 5Y 14.40 6.80 [0.79 · 7.60 , 21.20 · 28.01]
-0.11 σ
Fair
Last 6Y 14.02 5.13 [3.75 · 8.88 , 19.15 · 24.28]
-0.07 σ
Fair
Last 7Y 14.68 4.69 [5.29 · 9.99 , 19.37 · 24.06]
-0.22 σ
Fair
Last 8Y 16.38 6.00 [4.37 · 10.37 , 22.38 · 28.38]
-0.45 σ
Fair
Last 9Y 18.60 7.91 [2.77 · 10.68 , 26.51 · 34.42]
-0.62 σ
Fair
Last 10Y 19.46 7.69 [4.09 · 11.78 , 27.15 · 34.84]
-0.75 σ
Fair
Last 11Y 18.55 7.16 [4.22 · 11.38 , 25.71 · 32.87]
-0.68 σ
Fair
Last 12Y 17.76 6.92 [3.91 · 10.84 , 24.68 · 31.61]
-0.59 σ
Fair
Last 13Y 16.85 6.64 [3.56 · 10.21 , 23.50 · 30.14]
-0.48 σ
Fair
Last 14Y 16.28 6.41 [3.46 · 9.87 , 22.70 · 29.11]
-0.41 σ
Fair
Last 15Y 15.98 6.29 [3.40 · 9.69 , 22.27 · 28.56]
-0.37 σ
Fair
Last 16Y 15.52 5.86 [3.81 · 9.67 , 21.38 · 27.24]
-0.32 σ
Fair
Last 17Y 15.09 5.67 [3.74 · 9.41 , 20.76 · 26.44]
-0.25 σ
Fair
Last 18Y 14.66 5.31 [4.04 · 9.35 , 19.97 · 25.27]
-0.19 σ
Fair
Last 19Y 14.28 5.17 [3.95 · 9.11 , 19.45 · 24.62]
-0.12 σ
Fair
Last 20Y 14.21 5.04 [4.13 · 9.17 , 19.24 · 24.28]
-0.11 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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +6.15% 20 Nov
Short Term Price vs SMA50 +6.36% 20 Nov
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.