S&P 500 Utilities Sector: current P/E Ratio

18.89
Last update: 22 April 2024

The estimated P/E Ratio for S&P 500 Utilities Sector is 18.89, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [18.41 , 19.95]. For this reason, the current P/E can be considered Fair

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.

22 April 2024 · P/E Ratio: 18.89
22 April 2024 · P/E Ratio: 18.89 · 1Y Average: 18.97 · 1 Std Dev range: [17.80 , 20.13] · 2 Std Dev range: [16.63 , 21.30]
22 April 2024 · P/E Ratio: 18.89 · 5Y Average: 19.18 · 1 Std Dev range: [18.41 , 19.95] · 2 Std Dev range: [17.63 , 20.72]
22 April 2024 · P/E Ratio: 18.89 · 10Y Average: 17.86 · 1 Std Dev range: [16.64 , 19.08] · 2 Std Dev range: [15.41 , 20.30]
22 April 2024 · P/E Ratio: 18.89 · 20Y Average: 15.92 · 1 Std Dev range: [14.11 , 17.74] · 2 Std Dev range: [12.30 , 19.55]
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: 18.89 · 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
( 18.89 )
Deviation
vs μ
Valuation
Last 1Y 18.97 1.17 [16.63 · 17.80 , 20.13 · 21.30]
-0.06 σ
Fair
Last 2Y 19.65 1.22 [17.22 · 18.43 , 20.87 · 22.08]
-0.62 σ
Fair
Last 3Y 19.47 0.85 [17.77 · 18.62 , 20.33 · 21.18]
-0.68 σ
Fair
Last 4Y 19.09 0.88 [17.32 · 18.21 , 19.97 · 20.86]
-0.22 σ
Fair
Last 5Y 19.18 0.77 [17.63 · 18.41 , 19.95 · 20.72]
-0.37 σ
Fair
Last 6Y 18.71 1.06 [16.59 · 17.65 , 19.77 · 20.83]
+0.17 σ
Fair
Last 7Y 18.51 1.05 [16.41 · 17.46 , 19.56 · 20.61]
+0.36 σ
Fair
Last 8Y 18.31 1.02 [16.26 · 17.29 , 19.34 · 20.36]
+0.57 σ
Fair
Last 9Y 18.01 1.19 [15.64 · 16.82 , 19.20 · 20.39]
+0.74 σ
Fair
Last 10Y 17.86 1.22 [15.41 · 16.64 , 19.08 · 20.30]
+0.85 σ
Fair
Last 11Y 17.60 1.30 [15.00 · 16.30 , 18.89 · 20.19]
+1.00 σ
Overvalued
Last 12Y 17.33 1.42 [14.49 · 15.91 , 18.76 · 20.18]
+1.10 σ
Overvalued
Last 13Y 17.07 1.51 [14.06 · 15.56 , 18.57 · 20.08]
+1.21 σ
Overvalued
Last 14Y 16.79 1.67 [13.44 · 15.12 , 18.46 · 20.13]
+1.26 σ
Overvalued
Last 15Y 16.49 1.95 [12.60 · 14.54 , 18.44 · 20.38]
+1.23 σ
Overvalued
Last 16Y 16.23 2.03 [12.16 · 14.19 , 18.26 · 20.30]
+1.31 σ
Overvalued
Last 17Y 16.21 1.94 [12.34 · 14.27 , 18.15 · 20.08]
+1.39 σ
Overvalued
Last 18Y 16.07 1.89 [12.30 · 14.19 , 17.96 · 19.85]
+1.49 σ
Overvalued
Last 19Y 16.02 1.82 [12.38 · 14.20 , 17.83 · 19.65]
+1.58 σ
Overvalued
Last 20Y 15.92 1.81 [12.30 · 14.11 , 17.74 · 19.55]
+1.64 σ
Overvalued

S&P 500 Utilities Sector Trend

Trend is evaluated considering the price of the XLU Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +5.14% 22 Apr
Short Term Price vs SMA50 +4.22% 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.