27.35
Last update: 03 May 2024
The estimated P/E Ratio for S&P 500 Consumer Discretionary Sector is 27.35, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [23.09 , 30.77]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the XLY Etf, whose benchmark is the S&P 500 Consumer Discretionary 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 Consumer Discretionary 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: 27.35
03 May 2024 · P/E Ratio: 27.35 ·
1Y Average: 26.70 ·
1 Std Dev range: [25.83 , 27.58] ·
2 Std Dev range: [24.95 , 28.45]
03 May 2024 · P/E Ratio: 27.35 ·
5Y Average: 26.93 ·
1 Std Dev range: [23.09 , 30.77] ·
2 Std Dev range: [19.25 , 34.61]
03 May 2024 · P/E Ratio: 27.35 ·
10Y Average: 22.28 ·
1 Std Dev range: [18.31 , 26.25] ·
2 Std Dev range: [14.35 , 30.21]
03 May 2024 · P/E Ratio: 27.35 ·
20Y Average: 18.79 ·
1 Std Dev range: [15.67 , 21.91] ·
2 Std Dev range: [12.55 , 25.03]
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: 27.35 · 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 ( 27.35 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 26.70 | 0.88 | [24.95 · 25.83 , 27.58 · 28.45] |
|
+0.73 σ |
Fair
|
| Last 2Y | 24.89 | 1.83 | [21.23 · 23.06 , 26.73 · 28.56] |
|
+1.34 σ |
Overvalued
|
| Last 3Y | 26.03 | 2.18 | [21.68 · 23.86 , 28.21 · 30.39] |
|
+0.60 σ |
Fair
|
| Last 4Y | 27.87 | 3.24 | [21.38 · 24.62 , 31.11 · 34.35] |
|
-0.16 σ |
Fair
|
| Last 5Y | 26.93 | 3.84 | [19.25 · 23.09 , 30.77 · 34.61] |
|
+0.11 σ |
Fair
|
| Last 6Y | 25.53 | 3.92 | [17.68 · 21.61 , 29.45 · 33.37] |
|
+0.46 σ |
Fair
|
| Last 7Y | 24.53 | 3.98 | [16.57 · 20.55 , 28.50 · 32.48] |
|
+0.71 σ |
Fair
|
| Last 8Y | 23.54 | 3.87 | [15.79 · 19.66 , 27.41 · 31.28] |
|
+0.98 σ |
Fair
|
| Last 9Y | 22.77 | 3.90 | [14.98 · 18.87 , 26.67 · 30.57] |
|
+1.17 σ |
Overvalued
|
| Last 10Y | 22.28 | 3.97 | [14.35 · 18.31 , 26.25 · 30.21] |
|
+1.28 σ |
Overvalued
|
| Last 11Y | 21.61 | 3.82 | [13.97 · 17.79 , 25.43 · 29.25] |
|
+1.50 σ |
Overvalued
|
| Last 12Y | 21.07 | 3.80 | [13.48 · 17.27 , 24.87 · 28.67] |
|
+1.65 σ |
Overvalued
|
| Last 13Y | 20.42 | 3.76 | [12.90 · 16.66 , 24.19 · 27.95] |
|
+1.84 σ |
Overvalued
|
| Last 14Y | 19.88 | 3.86 | [12.15 · 16.01 , 23.74 · 27.61] |
|
+1.93 σ |
Overvalued
|
| Last 15Y | 19.66 | 3.81 | [12.03 · 15.84 , 23.47 · 27.28] |
|
+2.02 σ |
Expensive
|
| Last 16Y | 19.45 | 3.68 | [12.09 · 15.77 , 23.12 · 26.80] |
|
+2.15 σ |
Expensive
|
| Last 17Y | 19.18 | 3.58 | [12.03 · 15.60 , 22.76 · 26.34] |
|
+2.28 σ |
Expensive
|
| Last 18Y | 18.97 | 3.36 | [12.25 · 15.61 , 22.33 · 25.69] |
|
+2.49 σ |
Expensive
|
| Last 19Y | 18.81 | 3.22 | [12.38 · 15.59 , 22.03 · 25.25] |
|
+2.65 σ |
Expensive
|
| Last 20Y | 18.79 | 3.12 | [12.55 · 15.67 , 21.91 · 25.03] |
|
+2.74 σ |
Expensive
|
S&P 500 Consumer Discretionary Sector Trend
Trend is evaluated considering the price of the XLY Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +3.78% | 03 May | |
| Short Term | Price vs SMA50 | -0.66% | 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.