The estimated P/E Ratio for S&P 500 Utilities Sector is 19.34, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [18.50 , 19.99]. 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.
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 ( 19.34 ) |
Deviation vs μ |
Valuation |
Last 1Y | 18.62 | 0.67 | [17.27 · 17.94 , 19.29 · 19.96] |
|
+1.07 σ |
Overvalued
|
Last 2Y | 19.45 | 1.08 | [17.29 · 18.37 , 20.53 · 21.61] |
|
-0.11 σ |
Fair
|
Last 3Y | 19.52 | 0.82 | [17.87 · 18.70 , 20.35 · 21.17] |
|
-0.23 σ |
Fair
|
Last 4Y | 19.23 | 0.79 | [17.65 · 18.44 , 20.02 · 20.81] |
|
+0.13 σ |
Fair
|
Last 5Y | 19.24 | 0.75 | [17.75 · 18.50 , 19.99 · 20.74] |
|
+0.12 σ |
Fair
|
Last 6Y | 18.87 | 0.93 | [17.02 · 17.95 , 19.80 · 20.72] |
|
+0.50 σ |
Fair
|
Last 7Y | 18.59 | 1.06 | [16.47 · 17.53 , 19.64 · 20.70] |
|
+0.71 σ |
Fair
|
Last 8Y | 18.40 | 1.02 | [16.35 · 17.38 , 19.42 · 20.45] |
|
+0.91 σ |
Fair
|
Last 9Y | 18.13 | 1.16 | [15.81 · 16.97 , 19.29 · 20.45] |
|
+1.04 σ |
Overvalued
|
Last 10Y | 17.96 | 1.21 | [15.54 · 16.75 , 19.18 · 20.39] |
|
+1.13 σ |
Overvalued
|
Last 11Y | 17.69 | 1.31 | [15.08 · 16.38 , 19.00 · 20.31] |
|
+1.26 σ |
Overvalued
|
Last 12Y | 17.45 | 1.41 | [14.63 · 16.04 , 18.86 · 20.27] |
|
+1.34 σ |
Overvalued
|
Last 13Y | 17.19 | 1.50 | [14.19 · 15.69 , 18.69 · 20.19] |
|
+1.43 σ |
Overvalued
|
Last 14Y | 16.92 | 1.64 | [13.64 · 15.28 , 18.56 · 20.21] |
|
+1.47 σ |
Overvalued
|
Last 15Y | 16.64 | 1.90 | [12.85 · 14.74 , 18.53 · 20.43] |
|
+1.42 σ |
Overvalued
|
Last 16Y | 16.32 | 2.07 | [12.17 · 14.24 , 18.39 · 20.46] |
|
+1.46 σ |
Overvalued
|
Last 17Y | 16.26 | 1.98 | [12.30 · 14.28 , 18.24 · 20.22] |
|
+1.55 σ |
Overvalued
|
Last 18Y | 16.18 | 1.90 | [12.37 · 14.27 , 18.08 · 19.98] |
|
+1.66 σ |
Overvalued
|
Last 19Y | 16.08 | 1.86 | [12.36 · 14.22 , 17.94 · 19.81] |
|
+1.75 σ |
Overvalued
|
Last 20Y | 16.01 | 1.83 | [12.35 · 14.18 , 17.85 · 19.68] |
|
+1.81 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).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +9.74% | 26 Jul | |
Short Term | Price vs SMA50 | +1.18% | 26 Jul |