The estimated P/E Ratio for All World Stocks is 20.46, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [16.29 , 19.18]. For this reason, the current P/E can be considered Overvalued
P/E Ratio is calculated on the VT Etf, whose benchmark is the All World Stocks.
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 All World Stocks 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 ( 20.46 ) |
Deviation vs μ |
Valuation |
Last 1Y | 19.79 | 1.01 | [17.77 · 18.78 , 20.80 · 21.81] |
|
+0.66 σ |
Fair
|
Last 2Y | 17.92 | 1.67 | [14.58 · 16.25 , 19.59 · 21.26] |
|
+1.52 σ |
Overvalued
|
Last 3Y | 17.01 | 1.58 | [13.85 · 15.43 , 18.59 · 20.16] |
|
+2.19 σ |
Expensive
|
Last 4Y | 17.55 | 1.50 | [14.55 · 16.05 , 19.05 · 20.55] |
|
+1.94 σ |
Overvalued
|
Last 5Y | 17.73 | 1.45 | [14.84 · 16.29 , 19.18 · 20.63] |
|
+1.89 σ |
Overvalued
|
Last 6Y | 17.10 | 1.67 | [13.76 · 15.43 , 18.77 · 20.44] |
|
+2.01 σ |
Expensive
|
Last 7Y | 16.73 | 1.69 | [13.35 · 15.04 , 18.42 · 20.11] |
|
+2.21 σ |
Expensive
|
Last 8Y | 16.55 | 1.52 | [13.51 · 15.03 , 18.06 · 19.58] |
|
+2.58 σ |
Expensive
|
Last 9Y | 16.33 | 1.47 | [13.39 · 14.86 , 17.80 · 19.26] |
|
+2.82 σ |
Expensive
|
Last 10Y | 16.23 | 1.43 | [13.37 · 14.80 , 17.66 · 19.09] |
|
+2.96 σ |
Expensive
|
Last 11Y | 15.96 | 1.41 | [13.14 · 14.55 , 17.37 · 18.79] |
|
+3.19 σ |
Expensive
|
Last 12Y | 15.71 | 1.47 | [12.76 · 14.23 , 17.18 · 18.66] |
|
+3.22 σ |
Expensive
|
Last 13Y | 15.41 | 1.55 | [12.31 · 13.86 , 16.96 · 18.51] |
|
+3.26 σ |
Expensive
|
Last 14Y | 15.10 | 1.73 | [11.65 · 13.38 , 16.83 · 18.56] |
|
+3.10 σ |
Expensive
|
Last 15Y | 14.93 | 1.80 | [11.33 · 13.13 , 16.73 · 18.53] |
|
+3.07 σ |
Expensive
|
Last 16Y | 14.75 | 1.77 | [11.20 · 12.98 , 16.52 · 18.29] |
|
+3.22 σ |
Expensive
|
Last 17Y | 14.55 | 1.82 | [10.91 · 12.73 , 16.37 · 18.19] |
|
+3.25 σ |
Expensive
|
Last 18Y | 14.51 | 1.70 | [11.10 · 12.80 , 16.21 · 17.92] |
|
+3.49 σ |
Expensive
|
Last 19Y | 14.46 | 1.63 | [11.21 · 12.84 , 16.09 · 17.72] |
|
+3.68 σ |
Expensive
|
Last 20Y | 14.49 | 1.56 | [11.37 · 12.93 , 16.05 · 17.61] |
|
+3.83 σ |
Expensive
|
All World Stocks Trend
Trend is evaluated considering the price of the VT Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +3.07% | 20 Dec | |
Short Term | Price vs SMA50 | -1.86% | 20 Dec |