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

12.59
Last update: 22 April 2024

The estimated P/E Ratio for S&P 500 Energy Sector is 12.59, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [7.89 , 21.45]. 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.

22 April 2024 · P/E Ratio: 12.59
22 April 2024 · P/E Ratio: 12.59 · 1Y Average: 8.95 · 1 Std Dev range: [7.89 , 10.00] · 2 Std Dev range: [6.84 , 11.05]
22 April 2024 · P/E Ratio: 12.59 · 5Y Average: 14.67 · 1 Std Dev range: [7.89 , 21.45] · 2 Std Dev range: [1.10 , 28.23]
22 April 2024 · P/E Ratio: 12.59 · 10Y Average: 19.52 · 1 Std Dev range: [11.87 , 27.16] · 2 Std Dev range: [4.23 , 34.81]
22 April 2024 · P/E Ratio: 12.59 · 20Y Average: 14.25 · 1 Std Dev range: [9.22 , 19.28] · 2 Std Dev range: [4.19 , 24.31]
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".
22 April 2024 · P/E Ratio: 12.59 · 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
( 12.59 )
Deviation
vs μ
Valuation
Last 1Y 8.95 1.05 [6.84 · 7.89 , 10.00 · 11.05]
+3.46 σ
Expensive
Last 2Y 9.07 1.04 [7.00 · 8.03 , 10.10 · 11.14]
+3.40 σ
Expensive
Last 3Y 9.94 1.38 [7.18 · 8.56 , 11.32 · 12.70]
+1.92 σ
Overvalued
Last 4Y 13.68 7.10 [-0.53 · 6.57 , 20.78 · 27.89]
-0.15 σ
Fair
Last 5Y 14.67 6.78 [1.10 · 7.89 , 21.45 · 28.23]
-0.31 σ
Fair
Last 6Y 14.47 5.23 [4.01 · 9.24 , 19.70 · 24.94]
-0.36 σ
Fair
Last 7Y 16.10 5.92 [4.26 · 10.18 , 22.02 · 27.93]
-0.59 σ
Fair
Last 8Y 18.19 7.52 [3.15 · 10.67 , 25.71 · 33.23]
-0.74 σ
Fair
Last 9Y 19.59 7.95 [3.69 · 11.64 , 27.54 · 35.49]
-0.88 σ
Fair
Last 10Y 19.52 7.64 [4.23 · 11.87 , 27.16 · 34.81]
-0.91 σ
Fair
Last 11Y 18.47 7.23 [4.00 · 11.24 , 25.70 · 32.93]
-0.81 σ
Fair
Last 12Y 17.60 7.06 [3.48 · 10.54 , 24.66 · 31.72]
-0.71 σ
Fair
Last 13Y 16.70 6.76 [3.18 · 9.94 , 23.46 · 30.22]
-0.61 σ
Fair
Last 14Y 16.16 6.50 [3.17 · 9.67 , 22.66 · 29.15]
-0.55 σ
Fair
Last 15Y 16.00 6.28 [3.44 · 9.72 , 22.28 · 28.57]
-0.54 σ
Fair
Last 16Y 15.37 5.96 [3.45 · 9.41 , 21.33 · 27.29]
-0.47 σ
Fair
Last 17Y 15.02 5.70 [3.61 · 9.32 , 20.73 · 26.43]
-0.43 σ
Fair
Last 18Y 14.52 5.39 [3.74 · 9.13 , 19.91 · 25.30]
-0.36 σ
Fair
Last 19Y 14.22 5.19 [3.84 · 9.03 , 19.41 · 24.60]
-0.31 σ
Fair
Last 20Y 14.25 5.03 [4.19 · 9.22 , 19.28 · 24.31]
-0.33 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 +9.64% 22 Apr
Short Term Price vs SMA50 +5.27% 22 Apr
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.