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

35.31
Last update: 26 July 2024

The estimated P/E Ratio for S&P 500 Real Estate Sector is 35.31, calculated on 26 July 2024.

Considering the last 5 years, an average P/E interval is [33.72 , 46.09]. 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.

26 July 2024 · P/E Ratio: 35.31
26 July 2024 · P/E Ratio: 35.31 · 1Y Average: 32.13 · 1 Std Dev range: [30.65 , 33.60] · 2 Std Dev range: [29.18 , 35.08]
26 July 2024 · P/E Ratio: 35.31 · 5Y Average: 39.90 · 1 Std Dev range: [33.72 , 46.09] · 2 Std Dev range: [27.54 , 52.27]
26 July 2024 · P/E Ratio: 35.31 · 10Y Average: 37.92 · 1 Std Dev range: [34.16 , 41.69] · 2 Std Dev range: [30.39 , 45.45]
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".
26 July 2024 · P/E Ratio: 35.31 · 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
( 35.31 )		 Deviation
vs μ		 Valuation
Last 1Y 32.13 1.47 [29.18 · 30.65 , 33.60 · 35.08]
+2.16 σ
Expensive
Last 2Y 32.05 2.35 [27.35 · 29.70 , 34.41 · 36.76]
+1.38 σ
Overvalued
Last 3Y 34.94 4.49 [25.97 · 30.45 , 39.43 · 43.91]
+0.08 σ
Fair
Last 4Y 38.89 6.88 [25.13 · 32.01 , 45.77 · 52.65]
-0.52 σ
Fair
Last 5Y 39.90 6.18 [27.54 · 33.72 , 46.09 · 52.27]
-0.74 σ
Fair
Last 6Y 39.55 5.35 [28.85 · 34.20 , 44.91 · 50.26]
-0.79 σ
Fair
Last 7Y 39.08 4.80 [29.48 · 34.28 , 43.88 · 48.68]
-0.79 σ
Fair
Last 8Y 38.55 4.24 [30.08 · 34.32 , 42.79 · 47.02]
-0.77 σ
Fair
Last 9Y 38.11 3.95 [30.22 · 34.16 , 42.06 · 46.00]
-0.71 σ
Fair
Last 10Y 37.92 3.76 [30.39 · 34.16 , 41.69 · 45.45]
-0.69 σ
Fair
Last 11Y 37.53 3.39 [30.76 · 34.15 , 40.92 · 44.31]
-0.66 σ
Fair
Last 12Y 37.42 3.10 [31.21 · 34.32 , 40.52 · 43.62]
-0.68 σ
Fair
Last 13Y 37.21 2.79 [31.63 · 34.42 , 40.00 · 42.79]
-0.68 σ
Fair
Last 14Y 37.55 2.90 [31.74 · 34.64 , 40.45 · 43.35]
-0.77 σ
Fair
Last 15Y 38.36 3.74 [30.87 · 34.62 , 42.10 · 45.85]
-0.81 σ
Fair
Last 16Y 37.93 3.67 [30.59 · 34.26 , 41.60 · 45.28]
-0.71 σ
Fair
Last 17Y 37.41 3.88 [29.64 · 33.52 , 41.29 · 45.18]
-0.54 σ
Fair
Last 18Y 37.28 3.70 [29.88 · 33.58 , 40.98 · 44.68]
-0.53 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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +7.74% 26 Jul
Short Term Price vs SMA50 +5.24% 26 Jul
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.