The estimated P/E Ratio for S&P 500 Industrials Sector is 25.74, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [17.76 , 22.63]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the XLI Etf, whose benchmark is the S&P 500 Industrials 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 Industrials 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 ( 25.74 ) |
Deviation vs μ |
Valuation |
Last 1Y | 21.04 | 1.44 | [18.15 · 19.59 , 22.48 · 23.92] |
|
+3.26 σ |
Expensive
|
Last 2Y | 19.63 | 1.80 | [16.02 · 17.83 , 21.44 · 23.24] |
|
+3.38 σ |
Expensive
|
Last 3Y | 20.06 | 1.60 | [16.86 · 18.46 , 21.66 · 23.26] |
|
+3.55 σ |
Expensive
|
Last 4Y | 21.07 | 1.92 | [17.22 · 19.14 , 22.99 · 24.91] |
|
+2.43 σ |
Expensive
|
Last 5Y | 20.19 | 2.44 | [15.32 · 17.76 , 22.63 · 25.07] |
|
+2.28 σ |
Expensive
|
Last 6Y | 19.23 | 2.69 | [13.85 · 16.54 , 21.92 · 24.61] |
|
+2.42 σ |
Expensive
|
Last 7Y | 19.00 | 2.44 | [14.12 · 16.56 , 21.44 · 23.88] |
|
+2.76 σ |
Expensive
|
Last 8Y | 18.58 | 2.27 | [14.04 · 16.31 , 20.85 · 23.13] |
|
+3.15 σ |
Expensive
|
Last 9Y | 18.15 | 2.28 | [13.60 · 15.88 , 20.43 · 22.71] |
|
+3.33 σ |
Expensive
|
Last 10Y | 17.96 | 2.23 | [13.50 · 15.73 , 20.19 · 22.42] |
|
+3.49 σ |
Expensive
|
Last 11Y | 17.63 | 2.12 | [13.39 · 15.51 , 19.74 · 21.86] |
|
+3.83 σ |
Expensive
|
Last 12Y | 17.29 | 2.15 | [13.00 · 15.15 , 19.44 · 21.59] |
|
+3.93 σ |
Expensive
|
Last 13Y | 16.88 | 2.21 | [12.45 · 14.67 , 19.10 · 21.31] |
|
+4.00 σ |
Expensive
|
Last 14Y | 16.62 | 2.21 | [12.20 · 14.41 , 18.83 · 21.04] |
|
+4.12 σ |
Expensive
|
Last 15Y | 16.57 | 2.15 | [12.28 · 14.42 , 18.71 · 20.86] |
|
+4.27 σ |
Expensive
|
Last 16Y | 16.26 | 2.14 | [11.98 · 14.12 , 18.41 · 20.55] |
|
+4.42 σ |
Expensive
|
Last 17Y | 16.16 | 2.05 | [12.07 · 14.12 , 18.21 · 20.26] |
|
+4.68 σ |
Expensive
|
Last 18Y | 16.06 | 1.90 | [12.26 · 14.16 , 17.96 · 19.85] |
|
+5.10 σ |
Expensive
|
Last 19Y | 16.05 | 1.79 | [12.47 · 14.26 , 17.85 · 19.64] |
|
+5.40 σ |
Expensive
|
Last 20Y | 16.23 | 1.81 | [12.61 · 14.42 , 18.04 · 19.85] |
|
+5.26 σ |
Expensive
|
S&P 500 Industrials Sector Trend
Trend is evaluated considering the price of the XLI Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +10.05% | 03 May | |
Short Term | Price vs SMA50 | +0.00% | 03 May |