S&P 500 Consumer Staples Forward PE Ratio

The S&P 500 Consumer Staples currently trades at a forward P/E ratio of 21.28 as of October 24, 2025.

Over the past five years, the median forward P/E has been 21.18, putting today's valuation close to the median of that range. Looking at the longer 10-year period, where the median sits at 19.94, the current reading ranks in the 75.8th percentile - a level historically associated with Overvalued pricing.

Since May 2009, the S&P 500 Consumer Staples has recorded a median forward P/E ratio of 19.1 over 16 years. Against this full historical backdrop, the current valuation sits in the 85.4th percentile of all recorded readings, indicating that the market is trading well above its long-term median.

Historical P/E Comparison

The table below compares the forward P/E Ratio (21.28) with its historical median and percentile rankings.

Time Period	Median PE Ratio	Percentile Rank	Valuation
1 Year	22.48	8.3	Attractive
5 Year	21.18	53.3	Fair Value
10 Year	19.94	75.8	Overvalued
Since May 2009	19.1	85.4	Expensive

Trailing P/E for S&P 500 Consumer Staples

Returns vs P/E Ratio

Over the past decade, the PE rose from 18.2 (72.2th percentile) to 21.28 (75.8th percentile). Annualized total return over this period was 5.6%. Percentile rank indicates position within the historical distribution. Elevated valuations do not necessarily imply immediate low returns; markets can remain richly valued for extended periods, but this warrants caution for longer-horizon return assumptions.

Time Period	Starting PE Ratio	Starting Percentile	Total Return	Annualized Return
1 Year	22.98	93.5	0%	0%
3 Year	19.01	63.5	+20.3%	+6.3%
5 Year	20.25	86.9	+30.9%	+5.5%
10 Year	18.25	72.2	+72.3%	+5.6%

Historical Data (2009-2025)

Date	Forward PE Ratio
Oct 2025	21.28
Sep 2025	21.53
Aug 2025	21.93
Jul 2025	21.61
Jun 2025	22.51
May 2025	23.02
Apr 2025	22.64
Mar 2025	22.74
Feb 2025	23.39
Jan 2025	22.15
Dec 2024	22.44
Nov 2024	23.68
Oct 2024	22.65
Sep 2024	23.20
Aug 2024	23.07
Jul 2024	21.81
Jun 2024	21.75
May 2024	21.86
Apr 2024	21.37
Mar 2024	20.41
Feb 2024	19.79
Jan 2024	19.37
Dec 2023	18.85
Nov 2023	18.40
Oct 2023	17.74
Sep 2023	18.17
Aug 2023	19.09
Jul 2023	19.85
Jun 2023	19.20
May 2023	18.66
Apr 2023	19.90
Mar 2023	20.42
Feb 2023	19.67
Jan 2023	20.17
Dec 2022	20.37
Nov 2022	21.02
Oct 2022	19.80
Sep 2022	19.38
Aug 2022	21.14
Jul 2022	21.54
Jun 2022	21.92
May 2022	22.57
Apr 2022	23.68
Mar 2022	23.39
Feb 2022	23.07
Jan 2022	23.42
Dec 2021	24.13
Nov 2021	21.95
Oct 2021	22.23
Sep 2021	20.26
Aug 2021	21.22
Jul 2021	20.95
Jun 2021	20
May 2021	20.11
Apr 2021	19.78
Mar 2021	19.68
Feb 2021	18.27
Jan 2021	18.55
Dec 2020	20.45
Nov 2020	20.16
Oct 2020	18.78
Sep 2020	19.34
Aug 2020	19.70
Jul 2020	18.83
Jun 2020	18.25
May 2020	18.38
Apr 2020	18.13
Mar 2020	17.27
Feb 2020	18.34
Jan 2020	19.98
Dec 2019	19.48
Nov 2019	19.09
Oct 2019	18.89
Sep 2019	19.94
Aug 2019	19.69
Jul 2019	19.37
Jun 2019	19.12
May 2019	18.24
Apr 2019	19
Mar 2019	18.79
Feb 2019	18.12
Jan 2019	17.74
Dec 2018	17.50
Nov 2018	19.32
Oct 2018	19
Sep 2018	18.54
Aug 2018	18.43
Jul 2018	18.36
Jun 2018	17.68
May 2018	16.97
Apr 2018	17.28
Mar 2018	18.24
Feb 2018	18.48
Jan 2018	20.05
Dec 2017	19.57
Nov 2017	19.20
Oct 2017	18.21
Sep 2017	18.92
Aug 2017	19.14
Jul 2017	19.39
Jun 2017	19.94
May 2017	20.45
Apr 2017	19.93
Mar 2017	20.32
Feb 2017	20.47
Jan 2017	19.52
Dec 2016	19.89
Nov 2016	19.33
Oct 2016	20.25
Sep 2016	20.74
Aug 2016	21.11
Jul 2016	21.26
Jun 2016	21.80
May 2016	20.80
Apr 2016	20.66
Mar 2016	21.20
Feb 2016	20.32
Jan 2016	20.31
Dec 2015	20.65
Nov 2015	20.15
Oct 2015	20.41
Sep 2015	19.76
Aug 2015	19.74
Jul 2015	21
Jun 2015	19.88
May 2015	20.32
Apr 2015	20.17
Mar 2015	20.37
Feb 2015	20.87
Jan 2015	20.04
Dec 2014	20.42
Nov 2014	20.70
Oct 2014	19.66
Sep 2014	18.85
Aug 2014	18.80
Jul 2014	17.97
Jun 2014	18.66
May 2014	18.76
Apr 2014	18.44
Mar 2014	18.07
Feb 2014	17.74
Jan 2014	17.14
Dec 2013	17.58
Nov 2013	17.54
Oct 2013	17.29
Sep 2013	16.47
Aug 2013	16.31
Jul 2013	17.09
Jun 2013	16.82
May 2013	16.92
Apr 2013	17.34
Mar 2013	16.93
Feb 2013	16.20
Jan 2013	15.72
Dec 2012	15.03
Nov 2012	15.43
Oct 2012	15.21
Sep 2012	15.71
Aug 2012	15.54
Jul 2012	15.64
Jun 2012	15.44
May 2012	14.94
Apr 2012	15.13
Mar 2012	15.37
Feb 2012	14.92
Jan 2012	14.42
Dec 2011	15.19
Nov 2011	14.83
Oct 2011	14.48
Sep 2011	14.02
Aug 2011	14.56
Jul 2011	14.51
Jun 2011	14.81
May 2011	15.25
Apr 2011	14.90
Mar 2011	14.27
Feb 2011	14.11
Jan 2011	13.78
Dec 2010	14.23
Nov 2010	13.70
Oct 2010	13.89
Sep 2010	13.84
Aug 2010	13.13
Jul 2010	13.34
Jun 2010	12.97
May 2010	13.35
Apr 2010	14.01
Mar 2010	14.64
Feb 2010	14.13
Jan 2010	13.76
Dec 2009	14.15
Nov 2009	14.25
Oct 2009	13.72
Sep 2009	13.67
Aug 2009	13.24
Jul 2009	13.13
Jun 2009	12.50
May 2009	12.48

Sector Comparison

The table below shows a comparison of the forward P/E Ratio (21.28) with other sectors.

Sector	PE Ratio	Percentile Rank	Rating
S&P 500 Consumer Discretionary	29.13	72.50	Overvalued
S&P 500 Health Care	17.59	7.50	Attractive
S&P 500 Industrials	24.30	72.50	Overvalued
S&P 500 Information Technology	30.61	88.30	Expensive
S&P 500 Materials	19.05	54.20	Fair Value
S&P 500 Real Estate	34.87	55	Fair Value
S&P 500 Communication Services	21.43	84.20	Expensive
S&P 500 Utilities	19.68	74.20	Overvalued
S&P 500 Financials	16.05	83.30	Expensive
S&P 500 Energy	15.38	50.80	Fair Value

Definition: Forward P/E Ratio

The forward P/E ratio for S&P 500 Consumer Staples shows how much investors are paying for one unit of the index's expected earnings.
It is calculated as : P/E = Index level / Aggregated EPS
Aggregated EPS means the index's total earnings per share after weighting each stock in the index (usually by its market capitalization): Aggregated EPS = sum(weight_i * EPS_i). For forward P/E, the EPS_i values are forecasted for the next 12 months.