The estimated P/E Ratio for S&P 500 Real Estate Sector is 37.33, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [33.15 , 45.42]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the XLRE Etf, whose benchmark is the S&P 500 Real Estate 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 Real Estate 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 ( 37.33 ) |
Deviation vs μ |
Valuation |
Last 1Y | 35.31 | 1.86 | [31.60 · 33.46 , 37.17 · 39.02] |
|
+1.08 σ |
Overvalued
|
Last 2Y | 32.69 | 2.98 | [26.72 · 29.71 , 35.67 · 38.66] |
|
+1.55 σ |
Overvalued
|
Last 3Y | 33.95 | 2.97 | [28.01 · 30.98 , 36.92 · 39.90] |
|
+1.13 σ |
Overvalued
|
Last 4Y | 37.27 | 5.67 | [25.93 · 31.60 , 42.94 · 48.61] |
|
+0.01 σ |
Fair
|
Last 5Y | 39.29 | 6.14 | [27.01 · 33.15 , 45.42 · 51.56] |
|
-0.32 σ |
Fair
|
Last 6Y | 39.61 | 5.34 | [28.93 · 34.27 , 44.95 · 50.29] |
|
-0.43 σ |
Fair
|
Last 7Y | 39.08 | 4.82 | [29.44 · 34.26 , 43.90 · 48.71] |
|
-0.36 σ |
Fair
|
Last 8Y | 38.66 | 4.20 | [30.26 · 34.46 , 42.86 · 47.05] |
|
-0.32 σ |
Fair
|
Last 9Y | 38.26 | 3.89 | [30.48 · 34.37 , 42.16 · 46.05] |
|
-0.24 σ |
Fair
|
Last 10Y | 38.06 | 3.72 | [30.61 · 34.34 , 41.79 · 45.51] |
|
-0.20 σ |
Fair
|
Last 11Y | 37.62 | 3.38 | [30.85 · 34.24 , 41.00 · 44.38] |
|
-0.09 σ |
Fair
|
Last 12Y | 37.46 | 3.11 | [31.24 · 34.35 , 40.56 · 43.67] |
|
-0.04 σ |
Fair
|
Last 13Y | 37.34 | 2.74 | [31.85 · 34.59 , 40.08 · 42.83] |
|
-0.00 σ |
Fair
|
Last 14Y | 37.29 | 2.60 | [32.10 · 34.70 , 39.89 · 42.48] |
|
+0.01 σ |
Fair
|
Last 15Y | 37.97 | 3.25 | [31.46 · 34.72 , 41.22 · 44.47] |
|
-0.20 σ |
Fair
|
Last 16Y | 38.14 | 3.52 | [31.09 · 34.61 , 41.66 · 45.18] |
|
-0.23 σ |
Fair
|
Last 17Y | 37.64 | 3.70 | [30.25 · 33.94 , 41.34 · 45.03] |
|
-0.09 σ |
Fair
|
Last 18Y | 37.31 | 3.63 | [30.06 · 33.69 , 40.94 · 44.57] |
|
+0.00 σ |
Fair
|
Last 19Y | 37.29 | 3.51 | [30.27 · 33.78 , 40.81 · 44.32] |
|
+0.01 σ |
Fair
|
S&P 500 Real Estate Sector Trend
Trend is evaluated considering the price of the XLRE Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +0.14% | 17 Jan | |
Short Term | Price vs SMA50 | -2.94% | 17 Jan |