The estimated P/E Ratio for Austria Stock Market is 7.96, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [6.34 , 10.07]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EWO Etf, whose benchmark is the Austria Stock Market.
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 Austria Stock Market 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 ( 7.96 ) |
Deviation vs μ |
Valuation |
Last 1Y | 7.37 | 0.46 | [6.46 · 6.91 , 7.82 · 8.28] |
|
+1.31 σ |
Overvalued
|
Last 2Y | 6.76 | 0.55 | [5.66 · 6.21 , 7.31 · 7.86] |
|
+2.20 σ |
Expensive
|
Last 3Y | 6.64 | 0.57 | [5.51 · 6.07 , 7.21 · 7.77] |
|
+2.34 σ |
Expensive
|
Last 4Y | 7.46 | 1.40 | [4.66 · 6.06 , 8.85 · 10.25] |
|
+0.36 σ |
Fair
|
Last 5Y | 8.21 | 1.86 | [4.48 · 6.34 , 10.07 · 11.93] |
|
-0.13 σ |
Fair
|
Last 6Y | 8.30 | 1.60 | [5.11 · 6.71 , 9.90 · 11.49] |
|
-0.21 σ |
Fair
|
Last 7Y | 8.68 | 1.69 | [5.30 · 6.99 , 10.37 · 12.06] |
|
-0.43 σ |
Fair
|
Last 8Y | 9.13 | 1.89 | [5.35 · 7.24 , 11.02 · 12.91] |
|
-0.62 σ |
Fair
|
Last 9Y | 9.33 | 1.81 | [5.71 · 7.52 , 11.14 · 12.96] |
|
-0.76 σ |
Fair
|
Last 10Y | 9.66 | 1.82 | [6.03 · 7.84 , 11.48 · 13.29] |
|
-0.93 σ |
Fair
|
Last 11Y | 9.81 | 1.74 | [6.33 · 8.07 , 11.55 · 13.29] |
|
-1.06 σ |
Undervalued
|
Last 12Y | 9.87 | 1.63 | [6.61 · 8.24 , 11.51 · 13.14] |
|
-1.17 σ |
Undervalued
|
Last 13Y | 9.71 | 1.60 | [6.52 · 8.11 , 11.31 · 12.91] |
|
-1.09 σ |
Undervalued
|
Last 14Y | 9.60 | 1.60 | [6.40 · 8.00 , 11.20 · 12.79] |
|
-1.02 σ |
Undervalued
|
Last 15Y | 9.64 | 1.53 | [6.59 · 8.11 , 11.17 · 12.69] |
|
-1.10 σ |
Undervalued
|
Last 16Y | 9.62 | 1.55 | [6.51 · 8.07 , 11.17 · 12.73] |
|
-1.07 σ |
Undervalued
|
Last 17Y | 9.53 | 1.55 | [6.43 · 7.98 , 11.08 · 12.63] |
|
-1.01 σ |
Undervalued
|
Last 18Y | 9.67 | 1.58 | [6.52 · 8.10 , 11.25 · 12.82] |
|
-1.08 σ |
Undervalued
|
Last 19Y | 9.84 | 1.62 | [6.60 · 8.22 , 11.46 · 13.08] |
|
-1.16 σ |
Undervalued
|
Last 20Y | 10.03 | 1.65 | [6.72 · 8.38 , 11.68 · 13.34] |
|
-1.25 σ |
Undervalued
|
P/E Comparison
How is the Austria Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Austria | 7.96 |
|
+1.31 σ | -0.13 σ | -0.93 σ | -1.25 σ | |
All World | 20.46 |
|
+0.66 σ | +1.89 σ | +2.96 σ | +3.83 σ | ||
Developed ex-US | 15.24 |
|
-0.08 σ | +0.27 σ | +0.86 σ | +1.52 σ |
Austria Stock Market Trend
Trend is evaluated considering the price of the EWO Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -6.37% | 20 Dec | |
Short Term | Price vs SMA50 | -3.34% | 20 Dec |