S&P 500 Industrials Sector: current P/E Ratio

25.07
Last update: 20 November 2024

The estimated P/E Ratio for S&P 500 Industrials Sector is 25.07, calculated on 20 November 2024.

Considering the last 5 years, an average P/E interval is [18.86 , 23.56]. For this reason, the current P/E can be considered Overvalued

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.

20 November 2024 · P/E Ratio: 25.07
20 November 2024 · P/E Ratio: 25.07 · 1Y Average: 24.50 · 1 Std Dev range: [22.80 , 26.20] · 2 Std Dev range: [21.10 , 27.90]
20 November 2024 · P/E Ratio: 25.07 · 5Y Average: 21.21 · 1 Std Dev range: [18.86 , 23.56] · 2 Std Dev range: [16.52 , 25.90]
20 November 2024 · P/E Ratio: 25.07 · 10Y Average: 18.44 · 1 Std Dev range: [15.87 , 21.01] · 2 Std Dev range: [13.30 , 23.58]
20 November 2024 · P/E Ratio: 25.07 · 20Y Average: 16.34 · 1 Std Dev range: [14.31 , 18.36] · 2 Std Dev range: [12.29 , 20.38]
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".
20 November 2024 · P/E Ratio: 25.07 · 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
( 25.07 )		 Deviation
vs μ		 Valuation
Last 1Y 24.50 1.70 [21.10 · 22.80 , 26.20 · 27.90]
+0.34 σ
Fair
Last 2Y 21.99 2.25 [17.48 · 19.74 , 24.25 · 26.50]
+1.37 σ
Overvalued
Last 3Y 20.50 2.24 [16.01 · 18.25 , 22.74 · 24.98]
+2.04 σ
Expensive
Last 4Y 21.26 2.19 [16.89 · 19.07 , 23.45 · 25.64]
+1.74 σ
Overvalued
Last 5Y 21.21 2.35 [16.52 · 18.86 , 23.56 · 25.90]
+1.65 σ
Overvalued
Last 6Y 20.08 2.82 [14.43 · 17.26 , 22.90 · 25.73]
+1.77 σ
Overvalued
Last 7Y 19.56 2.78 [14.00 · 16.78 , 22.33 · 25.11]
+1.99 σ
Overvalued
Last 8Y 19.18 2.56 [14.06 · 16.62 , 21.74 · 24.30]
+2.30 σ
Expensive
Last 9Y 18.71 2.58 [13.56 · 16.13 , 21.29 · 23.87]
+2.46 σ
Expensive
Last 10Y 18.44 2.57 [13.30 · 15.87 , 21.01 · 23.58]
+2.58 σ
Expensive
Last 11Y 18.10 2.43 [13.25 · 15.68 , 20.53 · 22.96]
+2.87 σ
Expensive
Last 12Y 17.76 2.43 [12.90 · 15.33 , 20.19 · 22.61]
+3.01 σ
Expensive
Last 13Y 17.34 2.43 [12.48 · 14.91 , 19.77 · 22.19]
+3.19 σ
Expensive
Last 14Y 17.03 2.44 [12.14 · 14.59 , 19.47 · 21.91]
+3.29 σ
Expensive
Last 15Y 16.90 2.43 [12.04 · 14.47 , 19.32 · 21.75]
+3.37 σ
Expensive
Last 16Y 16.61 2.37 [11.86 · 14.23 , 18.98 · 21.35]
+3.57 σ
Expensive
Last 17Y 16.41 2.34 [11.73 · 14.07 , 18.74 · 21.08]
+3.71 σ
Expensive
Last 18Y 16.30 2.18 [11.95 · 14.12 , 18.47 · 20.65]
+4.03 σ
Expensive
Last 19Y 16.23 2.07 [12.09 · 14.16 , 18.30 · 20.37]
+4.27 σ
Expensive
Last 20Y 16.34 2.02 [12.29 · 14.31 , 18.36 · 20.38]
+4.32 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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +9.63% 20 Nov
Short Term Price vs SMA50 +1.84% 20 Nov
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.