36.21
Last update: 20 November 2024
The estimated P/E Ratio for S&P 500 Information Technology Sector is 36.21, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [24.78 , 31.37]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the XLK Etf, whose benchmark is the S&P 500 Information Technology 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 Information Technology 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: 36.21
20 November 2024 · P/E Ratio: 36.21 ·
1Y Average: 34.31 ·
1 Std Dev range: [32.92 , 35.69] ·
2 Std Dev range: [31.54 , 37.08]
20 November 2024 · P/E Ratio: 36.21 ·
5Y Average: 28.07 ·
1 Std Dev range: [24.78 , 31.37] ·
2 Std Dev range: [21.49 , 34.66]
20 November 2024 · P/E Ratio: 36.21 ·
10Y Average: 22.05 ·
1 Std Dev range: [16.93 , 27.17] ·
2 Std Dev range: [11.81 , 32.29]
20 November 2024 · P/E Ratio: 36.21 ·
20Y Average: 18.21 ·
1 Std Dev range: [14.09 , 22.33] ·
2 Std Dev range: [9.97 , 26.45]
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".
20 November 2024 · P/E Ratio: 36.21 · 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 ( 36.21 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 34.31 | 1.39 | [31.54 · 32.92 , 35.69 · 37.08] |
|
+1.37 σ |
Overvalued
|
| Last 2Y | 31.51 | 3.23 | [25.06 · 28.29 , 34.74 · 37.96] |
|
+1.45 σ |
Overvalued
|
| Last 3Y | 30.00 | 3.09 | [23.82 · 26.91 , 33.09 · 36.18] |
|
+2.01 σ |
Expensive
|
| Last 4Y | 28.99 | 2.98 | [23.03 · 26.01 , 31.97 · 34.95] |
|
+2.42 σ |
Expensive
|
| Last 5Y | 28.07 | 3.29 | [21.49 · 24.78 , 31.37 · 34.66] |
|
+2.47 σ |
Expensive
|
| Last 6Y | 26.40 | 4.09 | [18.22 · 22.31 , 30.48 · 34.57] |
|
+2.40 σ |
Expensive
|
| Last 7Y | 24.99 | 4.66 | [15.67 · 20.33 , 29.65 · 34.31] |
|
+2.41 σ |
Expensive
|
| Last 8Y | 23.75 | 4.78 | [14.19 · 18.97 , 28.54 · 33.32] |
|
+2.60 σ |
Expensive
|
| Last 9Y | 22.75 | 4.96 | [12.83 · 17.79 , 27.71 · 32.66] |
|
+2.71 σ |
Expensive
|
| Last 10Y | 22.05 | 5.12 | [11.81 · 16.93 , 27.17 · 32.29] |
|
+2.76 σ |
Expensive
|
| Last 11Y | 21.16 | 5.06 | [11.05 · 16.11 , 26.22 · 31.27] |
|
+2.98 σ |
Expensive
|
| Last 12Y | 20.44 | 5.09 | [10.26 · 15.35 , 25.53 · 30.63] |
|
+3.10 σ |
Expensive
|
| Last 13Y | 19.60 | 5.14 | [9.32 · 14.46 , 24.75 · 29.89] |
|
+3.23 σ |
Expensive
|
| Last 14Y | 18.95 | 5.20 | [8.55 · 13.75 , 24.15 · 29.35] |
|
+3.32 σ |
Expensive
|
| Last 15Y | 18.64 | 5.15 | [8.33 · 13.48 , 23.79 · 28.94] |
|
+3.41 σ |
Expensive
|
| Last 16Y | 18.21 | 4.92 | [8.36 · 13.28 , 23.13 · 28.06] |
|
+3.66 σ |
Expensive
|
| Last 17Y | 17.98 | 4.74 | [8.51 · 13.25 , 22.72 · 27.45] |
|
+3.85 σ |
Expensive
|
| Last 18Y | 17.99 | 4.45 | [9.10 · 13.54 , 22.43 · 26.88] |
|
+4.10 σ |
Expensive
|
| Last 19Y | 18.01 | 4.23 | [9.55 · 13.78 , 22.25 · 26.48] |
|
+4.30 σ |
Expensive
|
| Last 20Y | 18.21 | 4.12 | [9.97 · 14.09 , 22.33 · 26.45] |
|
+4.37 σ |
Expensive
|
S&P 500 Information Technology Sector Trend
Trend is evaluated considering the price of the XLK Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +6.86% | 20 Nov | |
| Short Term | Price vs SMA50 | +1.48% | 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.