S&P 500 Consumer Discretionary Sector: current P/E Ratio

26.21
Last update: 22 April 2024

The estimated P/E Ratio for S&P 500 Consumer Discretionary Sector is 26.21, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [22.89 , 30.73]. 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.

22 April 2024 · P/E Ratio: 26.21
22 April 2024 · P/E Ratio: 26.21 · 1Y Average: 26.47 · 1 Std Dev range: [25.43 , 27.51] · 2 Std Dev range: [24.39 , 28.54]
22 April 2024 · P/E Ratio: 26.21 · 5Y Average: 26.81 · 1 Std Dev range: [22.89 , 30.73] · 2 Std Dev range: [18.97 , 34.65]
22 April 2024 · P/E Ratio: 26.21 · 10Y Average: 22.18 · 1 Std Dev range: [18.21 , 26.15] · 2 Std Dev range: [14.25 , 30.11]
22 April 2024 · P/E Ratio: 26.21 · 20Y Average: 18.74 · 1 Std Dev range: [15.68 , 21.81] · 2 Std Dev range: [12.62 , 24.87]
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: 26.21 · 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
( 26.21 )
Deviation
vs μ
Valuation
Last 1Y 26.47 1.04 [24.39 · 25.43 , 27.51 · 28.54]
-0.25 σ
Fair
Last 2Y 24.72 1.78 [21.16 · 22.94 , 26.50 · 28.28]
+0.84 σ
Fair
Last 3Y 26.13 2.28 [21.58 · 23.86 , 28.41 · 30.68]
+0.03 σ
Fair
Last 4Y 28.07 3.42 [21.23 · 24.65 , 31.49 · 34.92]
-0.54 σ
Fair
Last 5Y 26.81 3.92 [18.97 · 22.89 , 30.73 · 34.65]
-0.15 σ
Fair
Last 6Y 25.41 3.98 [17.45 · 21.43 , 29.39 · 33.37]
+0.20 σ
Fair
Last 7Y 24.41 4.01 [16.39 · 20.40 , 28.43 · 32.44]
+0.45 σ
Fair
Last 8Y 23.42 3.90 [15.63 · 19.52 , 27.32 · 31.21]
+0.72 σ
Fair
Last 9Y 22.68 3.89 [14.90 · 18.79 , 26.57 · 30.46]
+0.91 σ
Fair
Last 10Y 22.18 3.97 [14.25 · 18.21 , 26.15 · 30.11]
+1.02 σ
Overvalued
Last 11Y 21.51 3.81 [13.90 · 17.71 , 25.32 · 29.13]
+1.23 σ
Overvalued
Last 12Y 20.98 3.78 [13.41 · 17.19 , 24.76 · 28.54]
+1.38 σ
Overvalued
Last 13Y 20.33 3.75 [12.83 · 16.58 , 24.08 · 27.83]
+1.57 σ
Overvalued
Last 14Y 19.80 3.83 [12.14 · 15.97 , 23.63 · 27.45]
+1.67 σ
Overvalued
Last 15Y 19.66 3.81 [12.03 · 15.84 , 23.47 · 27.28]
+1.72 σ
Overvalued
Last 16Y 19.37 3.65 [12.08 · 15.72 , 23.01 · 26.66]
+1.88 σ
Overvalued
Last 17Y 19.13 3.53 [12.08 · 15.60 , 22.65 · 26.18]
+2.01 σ
Expensive
Last 18Y 18.91 3.31 [12.29 · 15.60 , 22.22 · 25.53]
+2.21 σ
Expensive
Last 19Y 18.76 3.16 [12.44 · 15.60 , 21.92 · 25.08]
+2.36 σ
Expensive
Last 20Y 18.74 3.06 [12.62 · 15.68 , 21.81 · 24.87]
+2.44 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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -0.48% 22 Apr
Short Term Price vs SMA50 -5.10% 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.