S&P 500 Real Estate Sector: current P/E Ratio

32.55
Last update: 22 April 2024

The estimated P/E Ratio for S&P 500 Real Estate Sector is 32.55, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [34.51 , 46.37]. For this reason, the current P/E can be considered Undervalued

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.

22 April 2024 · P/E Ratio: 32.55
22 April 2024 · P/E Ratio: 32.55 · 1Y Average: 30.72 · 1 Std Dev range: [28.81 , 32.64] · 2 Std Dev range: [26.89 , 34.55]
22 April 2024 · P/E Ratio: 32.55 · 5Y Average: 40.44 · 1 Std Dev range: [34.51 , 46.37] · 2 Std Dev range: [28.58 , 52.30]
22 April 2024 · P/E Ratio: 32.55 · 10Y Average: 38.00 · 1 Std Dev range: [34.31 , 41.68] · 2 Std Dev range: [30.62 , 45.37]
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: 32.55 · 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
( 32.55 )
Deviation
vs μ
Valuation
Last 1Y 30.72 1.91 [26.89 · 28.81 , 32.64 · 34.55]
+0.96 σ
Fair
Last 2Y 32.52 2.76 [26.99 · 29.76 , 35.29 · 38.05]
+0.01 σ
Fair
Last 3Y 36.57 6.00 [24.57 · 30.57 , 42.57 · 48.57]
-0.67 σ
Fair
Last 4Y 39.50 6.88 [25.74 · 32.62 , 46.37 · 53.25]
-1.01 σ
Undervalued
Last 5Y 40.44 5.93 [28.58 · 34.51 , 46.37 · 52.30]
-1.33 σ
Undervalued
Last 6Y 39.73 5.19 [29.35 · 34.54 , 44.91 · 50.10]
-1.38 σ
Undervalued
Last 7Y 39.27 4.63 [30.00 · 34.64 , 43.91 · 48.54]
-1.45 σ
Undervalued
Last 8Y 38.70 4.11 [30.49 · 34.59 , 42.81 · 46.92]
-1.50 σ
Undervalued
Last 9Y 38.18 3.88 [30.43 · 34.30 , 42.06 · 45.93]
-1.45 σ
Undervalued
Last 10Y 38.00 3.69 [30.62 · 34.31 , 41.68 · 45.37]
-1.48 σ
Undervalued
Last 11Y 37.63 3.30 [31.03 · 34.33 , 40.94 · 44.24]
-1.54 σ
Undervalued
Last 12Y 37.52 3.03 [31.46 · 34.49 , 40.55 · 43.58]
-1.64 σ
Undervalued
Last 13Y 37.37 2.74 [31.88 · 34.63 , 40.11 · 42.85]
-1.76 σ
Undervalued
Last 14Y 37.81 3.05 [31.71 · 34.76 , 40.87 · 43.92]
-1.72 σ
Undervalued
Last 15Y 38.47 3.70 [31.07 · 34.77 , 42.16 · 45.86]
-1.60 σ
Undervalued
Last 16Y 37.89 3.74 [30.42 · 34.16 , 41.63 · 45.36]
-1.43 σ
Undervalued
Last 17Y 37.44 3.86 [29.73 · 33.59 , 41.30 · 45.15]
-1.27 σ
Undervalued
Last 18Y 37.34 3.66 [30.02 · 33.68 , 41.00 · 44.66]
-1.31 σ
Undervalued

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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -2.91% 22 Apr
Short Term Price vs SMA50 -5.93% 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.