S&P 500 P/E Ratio Quarterly Trends: S&P 500 Earnings (2024)

FAQs

Is PE ratio based on quarterly earnings? ›

Likewise, P/E comes in two main forms: Trailing P/E: This is the price/earnings ratio based on EPS for the trailing four quarters or 12 months. Forward P/E: This price/earnings ratio is based on future estimated EPS, such as the current fiscal or calendar year, or the next year.

Basic Info. S&P 500 P/E Ratio is at a current level of 24.79, up from 23.27 last quarter and up from 22.23 one year ago. This is a change of 6.51% from last quarter and 11.53% from one year ago. The S&P 500 PE Ratio is the price to earnings ratio of the constituents of the S&P 500.

S&P 500 PE Ratio with Forward Estimate was 21.18 as of 2025-12-31, according to GuruFocus. Historically, S&P 500 PE Ratio with Forward Estimate reached a record high of 131.39 and a record low of 6.48, the median value is 18.09. Typical value range is from 20.58 to 28.78. The Year-Over-Year growth is -12.36%.

Basic Info

S&P 500 Earnings is at a current level of 192.43, up from 189.70 last month and up from 172.75 one year ago. This is a change of 1.44% from last month and 11.39% from one year ago.

Understand that 25% quarterly EPS growth is the minimum benchmark. The very best stocks will typically have gains of 50% to 100% or more.

EPS: EPS is calculated using the company's net income and the total number of outstanding shares. It is a straightforward calculation based on historical financial data. PE ratio: The PE ratio is calculated by dividing the market price per share by EPS.

Typically, the average P/E ratio is around 20 to 25. Anything below that would be considered a good price-to-earnings ratio, whereas anything above that would be a worse P/E ratio. But it doesn't stop there, as different industries can have different average P/E ratios.

Valuation: The forward 12-month P/E ratio for the S&P 500 is 20.4. This P/E ratio is above the 5-year average (19.1) and above the 10-year average (17.8). The blended (combines actual and estimated results) year-over-year earnings growth rate for the S&P 500 for Q1 2024 is 5.4%.

Amazon.com PE Ratio: 51.72 for May 17, 2024.

Apple (AAPL) Forward PE Ratio : 28.91 (As of May. 16, 2024)

What is the average PE ratio of the Nasdaq? ›

The PE ratio for Nasdaq stock stands at 31.96 as of May 14, 2024. This is based on the current EPS of $1.89 and the stock price of $60.41 per share. An increase of 22% has been recorded in the PE ratio compared to the average of 26.2 of the last four quarters.

S&P 500 2 Year Return is at 21.87%, compared to 15.98% last month and -0.28% last year. This is higher than the long term average of 14.10%. The S&P 500 2 Year Return is the investment return received for a 2 year period, excluding dividends, when holding the S&P 500 index.

Key Takeaways. The P/E ratio is calculated by dividing the market value price per share by the company's earnings per share. A high P/E ratio can mean that a stock's price is high relative to earnings and possibly overvalued. A low P/E ratio might indicate that the current stock price is low relative to earnings.

An earnings announcement is an official public statement of a company's profitability, usually issued on a quarterly basis. Earnings accouncements have an effect on the share price, which will move up or down depending on the company's performance.

PE Ratios are sometimes calculated using estimations of next year's earnings per share in the denominator. When this happens, it is usually noted. We also capture PE Ratio (Quarterly) and PE Ratio (Annual) taken from a company's financial statements.

Earnings per share (EPS) is a company's net income subtracted by preferred dividends and then divided by the number of common shares it has outstanding. EPS indicates how much money a company makes for each share of its stock and is a widely used metric for estimating corporate value.