The estimated P/E Ratio for S&P 500 Consumer Staples Sector is 24.71, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [19.52 , 22.43]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the XLP Etf, whose benchmark is the S&P 500 Consumer Staples 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 Staples 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 ( 24.71 ) |
Deviation vs μ |
Valuation |
Last 1Y | 23.77 | 0.81 | [22.16 · 22.97 , 24.58 · 25.39] |
|
+1.16 σ |
Overvalued
|
Last 2Y | 22.84 | 1.65 | [19.55 · 21.20 , 24.49 · 26.14] |
|
+1.13 σ |
Overvalued
|
Last 3Y | 21.97 | 1.41 | [19.16 · 20.56 , 23.37 · 24.78] |
|
+1.95 σ |
Overvalued
|
Last 4Y | 21.34 | 1.42 | [18.51 · 19.92 , 22.75 · 24.17] |
|
+2.38 σ |
Expensive
|
Last 5Y | 20.97 | 1.45 | [18.07 · 19.52 , 22.43 · 23.88] |
|
+2.57 σ |
Expensive
|
Last 6Y | 20.38 | 1.45 | [17.48 · 18.93 , 21.83 · 23.27] |
|
+2.99 σ |
Expensive
|
Last 7Y | 20.15 | 1.38 | [17.39 · 18.77 , 21.53 · 22.91] |
|
+3.31 σ |
Expensive
|
Last 8Y | 20.05 | 1.18 | [17.70 · 18.88 , 21.23 · 22.41] |
|
+3.95 σ |
Expensive
|
Last 9Y | 19.94 | 1.08 | [17.78 · 18.86 , 21.02 · 22.10] |
|
+4.42 σ |
Expensive
|
Last 10Y | 19.79 | 1.14 | [17.52 · 18.66 , 20.93 · 22.07] |
|
+4.33 σ |
Expensive
|
Last 11Y | 19.47 | 1.24 | [16.99 · 18.23 , 20.71 · 21.96] |
|
+4.22 σ |
Expensive
|
Last 12Y | 19.19 | 1.39 | [16.41 · 17.80 , 20.58 · 21.98] |
|
+3.97 σ |
Expensive
|
Last 13Y | 18.83 | 1.61 | [15.61 · 17.22 , 20.45 · 22.06] |
|
+3.65 σ |
Expensive
|
Last 14Y | 18.46 | 1.93 | [14.61 · 16.54 , 20.39 · 22.32] |
|
+3.24 σ |
Expensive
|
Last 15Y | 18.15 | 2.19 | [13.78 · 15.97 , 20.34 · 22.52] |
|
+3.00 σ |
Expensive
|
Last 16Y | 17.85 | 2.29 | [13.28 · 15.57 , 20.14 · 22.43] |
|
+3.00 σ |
Expensive
|
Last 17Y | 17.79 | 2.19 | [13.41 · 15.60 , 19.98 · 22.17] |
|
+3.16 σ |
Expensive
|
Last 18Y | 17.74 | 2.08 | [13.59 · 15.66 , 19.82 · 21.89] |
|
+3.36 σ |
Expensive
|
Last 19Y | 17.71 | 1.98 | [13.75 · 15.73 , 19.70 · 21.68] |
|
+3.53 σ |
Expensive
|
Last 20Y | 17.77 | 1.90 | [13.97 · 15.87 , 19.66 · 21.56] |
|
+3.66 σ |
Expensive
|
S&P 500 Consumer Staples Sector Trend
Trend is evaluated considering the price of the XLP Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +4.91% | 03 May | |
Short Term | Price vs SMA50 | +1.12% | 03 May |