The estimated P/E Ratio for S&P 500 Utilities Sector is 22.02, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [18.49 , 20.32]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the XLU Etf, whose benchmark is the S&P 500 Utilities 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 Utilities 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 ( 22.02 ) |
Deviation vs μ |
Valuation |
Last 1Y | 19.22 | 1.02 | [17.17 · 18.19 , 20.24 · 21.27] |
|
+2.73 σ |
Expensive
|
Last 2Y | 19.82 | 1.27 | [17.27 · 18.55 , 21.09 · 22.37] |
|
+1.73 σ |
Overvalued
|
Last 3Y | 19.78 | 1.03 | [17.73 · 18.75 , 20.81 · 21.84] |
|
+2.18 σ |
Expensive
|
Last 4Y | 19.53 | 0.91 | [17.71 · 18.62 , 20.44 · 21.35] |
|
+2.74 σ |
Expensive
|
Last 5Y | 19.40 | 0.92 | [17.57 · 18.49 , 20.32 · 21.24] |
|
+2.85 σ |
Expensive
|
Last 6Y | 19.13 | 0.88 | [17.36 · 18.25 , 20.01 · 20.89] |
|
+3.28 σ |
Expensive
|
Last 7Y | 18.75 | 1.12 | [16.50 · 17.62 , 19.87 · 20.99] |
|
+2.91 σ |
Expensive
|
Last 8Y | 18.52 | 1.09 | [16.33 · 17.43 , 19.61 · 20.70] |
|
+3.21 σ |
Expensive
|
Last 9Y | 18.32 | 1.14 | [16.04 · 17.18 , 19.46 · 20.60] |
|
+3.25 σ |
Expensive
|
Last 10Y | 18.14 | 1.21 | [15.71 · 16.92 , 19.35 · 20.57] |
|
+3.20 σ |
Expensive
|
Last 11Y | 17.86 | 1.31 | [15.25 · 16.55 , 19.17 · 20.48] |
|
+3.18 σ |
Expensive
|
Last 12Y | 17.62 | 1.41 | [14.80 · 16.21 , 19.03 · 20.44] |
|
+3.12 σ |
Expensive
|
Last 13Y | 17.35 | 1.51 | [14.33 · 15.84 , 18.86 · 20.37] |
|
+3.09 σ |
Expensive
|
Last 14Y | 17.10 | 1.62 | [13.85 · 15.48 , 18.73 · 20.35] |
|
+3.03 σ |
Expensive
|
Last 15Y | 16.85 | 1.83 | [13.18 · 15.01 , 18.68 · 20.51] |
|
+2.83 σ |
Expensive
|
Last 16Y | 16.48 | 2.09 | [12.30 · 14.39 , 18.57 · 20.66] |
|
+2.65 σ |
Expensive
|
Last 17Y | 16.36 | 2.05 | [12.27 · 14.32 , 18.41 · 20.46] |
|
+2.76 σ |
Expensive
|
Last 18Y | 16.30 | 1.95 | [12.40 · 14.35 , 18.25 · 20.20] |
|
+2.93 σ |
Expensive
|
Last 19Y | 16.16 | 1.93 | [12.30 · 14.23 , 18.09 · 20.02] |
|
+3.04 σ |
Expensive
|
Last 20Y | 16.14 | 1.86 | [12.43 · 14.29 , 18.00 · 19.86] |
|
+3.16 σ |
Expensive
|
S&P 500 Utilities Sector Trend
Trend is evaluated considering the price of the XLU Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +12.71% | 20 Nov | |
Short Term | Price vs SMA50 | +0.90% | 20 Nov |