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

25.45
Last update: 22 April 2024

The estimated P/E Ratio for S&P 500 Industrials Sector is 25.45, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [17.57 , 22.48]. 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.

22 April 2024 · P/E Ratio: 25.45
22 April 2024 · P/E Ratio: 25.45 · 1Y Average: 20.86 · 1 Std Dev range: [19.70 , 22.02] · 2 Std Dev range: [18.54 , 23.18]
22 April 2024 · P/E Ratio: 25.45 · 5Y Average: 20.02 · 1 Std Dev range: [17.57 , 22.48] · 2 Std Dev range: [15.11 , 24.93]
22 April 2024 · P/E Ratio: 25.45 · 10Y Average: 17.89 · 1 Std Dev range: [15.72 , 20.05] · 2 Std Dev range: [13.55 , 22.22]
22 April 2024 · P/E Ratio: 25.45 · 20Y Average: 16.21 · 1 Std Dev range: [14.44 , 17.99] · 2 Std Dev range: [12.66 , 19.77]
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: 25.45 · 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
( 25.45 )
Deviation
vs μ
Valuation
Last 1Y 20.86 1.16 [18.54 · 19.70 , 22.02 · 23.18]
+3.95 σ
Expensive
Last 2Y 19.47 1.69 [16.09 · 17.78 , 21.16 · 22.85]
+3.54 σ
Expensive
Last 3Y 20.06 1.60 [16.86 · 18.46 , 21.66 · 23.26]
+3.36 σ
Expensive
Last 4Y 20.90 1.93 [17.03 · 18.97 , 22.84 · 24.77]
+2.35 σ
Expensive
Last 5Y 20.02 2.45 [15.11 · 17.57 , 22.48 · 24.93]
+2.21 σ
Expensive
Last 6Y 19.10 2.64 [13.82 · 16.46 , 21.74 · 24.38]
+2.40 σ
Expensive
Last 7Y 18.91 2.37 [14.18 · 16.55 , 21.28 · 23.65]
+2.76 σ
Expensive
Last 8Y 18.48 2.23 [14.02 · 16.25 , 20.71 · 22.93]
+3.13 σ
Expensive
Last 9Y 18.07 2.22 [13.63 · 15.85 , 20.29 · 22.51]
+3.32 σ
Expensive
Last 10Y 17.89 2.17 [13.55 · 15.72 , 20.05 · 22.22]
+3.49 σ
Expensive
Last 11Y 17.55 2.07 [13.41 · 15.48 , 19.62 · 21.69]
+3.81 σ
Expensive
Last 12Y 17.22 2.11 [12.99 · 15.11 , 19.33 · 21.44]
+3.89 σ
Expensive
Last 13Y 16.82 2.17 [12.48 · 14.65 , 18.99 · 21.16]
+3.97 σ
Expensive
Last 14Y 16.58 2.16 [12.26 · 14.42 , 18.74 · 20.90]
+4.11 σ
Expensive
Last 15Y 16.50 2.11 [12.28 · 14.39 , 18.62 · 20.73]
+4.23 σ
Expensive
Last 16Y 16.21 2.10 [12.01 · 14.11 , 18.31 · 20.41]
+4.39 σ
Expensive
Last 17Y 16.12 2.00 [12.13 · 14.12 , 18.12 · 20.12]
+4.66 σ
Expensive
Last 18Y 16.03 1.85 [12.32 · 14.17 , 17.88 · 19.73]
+5.08 σ
Expensive
Last 19Y 16.03 1.75 [12.53 · 14.28 , 17.79 · 19.54]
+5.37 σ
Expensive
Last 20Y 16.21 1.78 [12.66 · 14.44 , 17.99 · 19.77]
+5.20 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 +9.41% 22 Apr
Short Term Price vs SMA50 -0.46% 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.