32.14
Last update: 03 May 2024
The estimated P/E Ratio for S&P 500 Health Care Sector is 32.14, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [17.78 , 21.70]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the XLV Etf, whose benchmark is the S&P 500 Health Care 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 Health Care 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: 32.14
03 May 2024 · P/E Ratio: 32.14 ·
1Y Average: 25.97 ·
1 Std Dev range: [23.84 , 28.10] ·
2 Std Dev range: [21.71 , 30.23]
03 May 2024 · P/E Ratio: 32.14 ·
5Y Average: 19.74 ·
1 Std Dev range: [17.78 , 21.70] ·
2 Std Dev range: [15.83 , 23.65]
03 May 2024 · P/E Ratio: 32.14 ·
10Y Average: 19.40 ·
1 Std Dev range: [18.37 , 20.43] ·
2 Std Dev range: [17.34 , 21.46]
03 May 2024 · P/E Ratio: 32.14 ·
20Y Average: 17.24 ·
1 Std Dev range: [14.99 , 19.48] ·
2 Std Dev range: [12.75 , 21.73]
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: 32.14 · Last Periods metrics
Show all periods
Swipe left to see all data
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 ( 32.14 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 25.97 | 2.13 | [21.71 · 23.84 , 28.10 · 30.23] |
|
+2.90 σ |
Expensive
|
| Last 2Y | 22.22 | 3.19 | [15.83 · 19.03 , 25.42 · 28.61] |
|
+3.11 σ |
Expensive
|
| Last 3Y | 20.71 | 2.33 | [16.05 · 18.38 , 23.04 · 25.37] |
|
+4.91 σ |
Expensive
|
| Last 4Y | 19.82 | 2.17 | [15.49 · 17.65 , 21.99 · 24.16] |
|
+5.68 σ |
Expensive
|
| Last 5Y | 19.74 | 1.96 | [15.83 · 17.78 , 21.70 · 23.65] |
|
+6.34 σ |
Expensive
|
| Last 6Y | 19.42 | 1.50 | [16.42 · 17.92 , 20.91 · 22.41] |
|
+8.50 σ |
Expensive
|
| Last 7Y | 19.36 | 1.24 | [16.87 · 18.11 , 20.60 · 21.84] |
|
+10.28 σ |
Expensive
|
| Last 8Y | 19.18 | 0.94 | [17.31 · 18.24 , 20.12 · 21.06] |
|
+13.82 σ |
Expensive
|
| Last 9Y | 19.26 | 0.97 | [17.32 · 18.29 , 20.24 · 21.21] |
|
+13.24 σ |
Expensive
|
| Last 10Y | 19.40 | 1.03 | [17.34 · 18.37 , 20.43 · 21.46] |
|
+12.39 σ |
Expensive
|
| Last 11Y | 19.21 | 1.00 | [17.21 · 18.21 , 20.21 · 21.21] |
|
+12.96 σ |
Expensive
|
| Last 12Y | 19.00 | 1.09 | [16.82 · 17.91 , 20.08 · 21.17] |
|
+12.09 σ |
Expensive
|
| Last 13Y | 18.63 | 1.44 | [15.75 · 17.19 , 20.07 · 21.51] |
|
+9.38 σ |
Expensive
|
| Last 14Y | 18.17 | 2.01 | [14.16 · 16.16 , 20.17 · 22.18] |
|
+6.97 σ |
Expensive
|
| Last 15Y | 17.77 | 2.43 | [12.91 · 15.34 , 20.20 · 22.63] |
|
+5.92 σ |
Expensive
|
| Last 16Y | 17.33 | 2.71 | [11.90 · 14.61 , 20.04 · 22.75] |
|
+5.46 σ |
Expensive
|
| Last 17Y | 17.21 | 2.62 | [11.97 · 14.59 , 19.83 · 22.45] |
|
+5.70 σ |
Expensive
|
| Last 18Y | 17.15 | 2.49 | [12.17 · 14.66 , 19.63 · 22.12] |
|
+6.03 σ |
Expensive
|
| Last 19Y | 17.17 | 2.37 | [12.43 · 14.80 , 19.54 · 21.91] |
|
+6.32 σ |
Expensive
|
| Last 20Y | 17.24 | 2.25 | [12.75 · 14.99 , 19.48 · 21.73] |
|
+6.64 σ |
Expensive
|
S&P 500 Health Care Sector Trend
Trend is evaluated considering the price of the XLV Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +3.30% | 03 May | |
| Short Term | Price vs SMA50 | -1.91% | 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.