The estimated P/E Ratio for S&P 500 Consumer Discretionary Sector is 24.32, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [23.38 , 30.78]. 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.
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".
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 ( 24.32 ) |
Deviation vs μ |
Valuation |
Last 1Y | 26.11 | 0.78 | [24.54 · 25.33 , 26.89 · 27.68] |
|
-2.29 σ |
Cheap
|
Last 2Y | 25.20 | 1.58 | [22.04 · 23.62 , 26.78 · 28.36] |
|
-0.56 σ |
Fair
|
Last 3Y | 25.72 | 1.97 | [21.79 · 23.75 , 27.69 · 29.65] |
|
-0.71 σ |
Fair
|
Last 4Y | 27.41 | 2.98 | [21.45 · 24.43 , 30.39 · 33.38] |
|
-1.04 σ |
Undervalued
|
Last 5Y | 27.08 | 3.70 | [19.68 · 23.38 , 30.78 · 34.47] |
|
-0.75 σ |
Fair
|
Last 6Y | 25.69 | 3.80 | [18.09 · 21.89 , 29.49 · 33.29] |
|
-0.36 σ |
Fair
|
Last 7Y | 24.69 | 3.88 | [16.92 · 20.81 , 28.57 · 32.46] |
|
-0.10 σ |
Fair
|
Last 8Y | 23.70 | 3.80 | [16.10 · 19.90 , 27.50 · 31.30] |
|
+0.16 σ |
Fair
|
Last 9Y | 22.92 | 3.87 | [15.18 · 19.05 , 26.78 · 30.65] |
|
+0.36 σ |
Fair
|
Last 10Y | 22.44 | 3.93 | [14.58 · 18.51 , 26.36 · 30.29] |
|
+0.48 σ |
Fair
|
Last 11Y | 21.76 | 3.80 | [14.15 · 17.96 , 25.56 · 29.36] |
|
+0.67 σ |
Fair
|
Last 12Y | 21.22 | 3.78 | [13.66 · 17.44 , 25.00 · 28.78] |
|
+0.82 σ |
Fair
|
Last 13Y | 20.59 | 3.74 | [13.11 · 16.85 , 24.33 · 28.07] |
|
+1.00 σ |
Fair
|
Last 14Y | 20.04 | 3.86 | [12.32 · 16.18 , 23.89 · 27.75] |
|
+1.11 σ |
Overvalued
|
Last 15Y | 19.77 | 3.85 | [12.07 · 15.92 , 23.62 · 27.47] |
|
+1.18 σ |
Overvalued
|
Last 16Y | 19.57 | 3.71 | [12.15 · 15.86 , 23.28 · 26.99] |
|
+1.28 σ |
Overvalued
|
Last 17Y | 19.26 | 3.64 | [11.99 · 15.63 , 22.90 · 26.53] |
|
+1.39 σ |
Overvalued
|
Last 18Y | 19.08 | 3.41 | [12.26 · 15.67 , 22.48 · 25.89] |
|
+1.54 σ |
Overvalued
|
Last 19Y | 18.89 | 3.28 | [12.33 · 15.61 , 22.17 · 25.45] |
|
+1.65 σ |
Overvalued
|
Last 20Y | 18.87 | 3.18 | [12.50 · 15.69 , 22.05 · 25.23] |
|
+1.71 σ |
Overvalued
|
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).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +4.02% | 26 Jul | |
Short Term | Price vs SMA50 | +0.22% | 26 Jul |