14.78
Last update: 20 December 2024
The estimated P/E Ratio for Belgium Stock Market is 14.78, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [13.20 , 19.04]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EWK Etf, whose benchmark is the Belgium 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 Belgium Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
20 December 2024 · P/E Ratio: 14.78
20 December 2024 · P/E Ratio: 14.78 ·
1Y Average: 14.70 ·
1 Std Dev range: [12.74 , 16.66] ·
2 Std Dev range: [10.78 , 18.63]
20 December 2024 · P/E Ratio: 14.78 ·
5Y Average: 16.12 ·
1 Std Dev range: [13.20 , 19.04] ·
2 Std Dev range: [10.29 , 21.95]
20 December 2024 · P/E Ratio: 14.78 ·
10Y Average: 16.93 ·
1 Std Dev range: [15.00 , 18.86] ·
2 Std Dev range: [13.08 , 20.79]
20 December 2024 · P/E Ratio: 14.78 ·
20Y Average: 14.47 ·
1 Std Dev range: [11.91 , 17.03] ·
2 Std Dev range: [9.36 , 19.58]
Methodology
The Average P/E (μ) and the Standard Deviation (σ) are calculated excluding 20% outliers (i.e. over a range of values excluding 10% of observations from the top and 10% from the bottom of the dataset).
A P/E between (μ - σ) and (μ + σ) is considered "Fair", over a specific timeframe.
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".
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".
20 December 2024 · P/E Ratio: 14.78 · Last Periods metrics
Show all periods
Swipe left to see all data
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 ( 14.78 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 14.70 | 1.96 | [10.78 · 12.74 , 16.66 · 18.63] |
|
+0.04 σ |
Fair
|
| Last 2Y | 12.48 | 2.02 | [8.45 · 10.47 , 14.50 · 16.51] |
|
+1.14 σ |
Overvalued
|
| Last 3Y | 13.97 | 2.61 | [8.76 · 11.37 , 16.58 · 19.19] |
|
+0.31 σ |
Fair
|
| Last 4Y | 15.57 | 3.15 | [9.28 · 12.42 , 18.72 · 21.87] |
|
-0.25 σ |
Fair
|
| Last 5Y | 16.12 | 2.92 | [10.29 · 13.20 , 19.04 · 21.95] |
|
-0.46 σ |
Fair
|
| Last 6Y | 15.87 | 2.50 | [10.87 · 13.37 , 18.37 · 20.86] |
|
-0.44 σ |
Fair
|
| Last 7Y | 16.00 | 2.25 | [11.49 · 13.74 , 18.25 · 20.50] |
|
-0.54 σ |
Fair
|
| Last 8Y | 16.34 | 2.15 | [12.04 · 14.19 , 18.49 · 20.65] |
|
-0.72 σ |
Fair
|
| Last 9Y | 16.69 | 2.12 | [12.46 · 14.58 , 18.81 · 20.92] |
|
-0.90 σ |
Fair
|
| Last 10Y | 16.93 | 1.93 | [13.08 · 15.00 , 18.86 · 20.79] |
|
-1.12 σ |
Undervalued
|
| Last 11Y | 16.84 | 1.77 | [13.31 · 15.07 , 18.60 · 20.37] |
|
-1.16 σ |
Undervalued
|
| Last 12Y | 16.64 | 1.74 | [13.16 · 14.90 , 18.39 · 20.13] |
|
-1.07 σ |
Undervalued
|
| Last 13Y | 16.26 | 1.97 | [12.33 · 14.29 , 18.22 · 20.19] |
|
-0.75 σ |
Fair
|
| Last 14Y | 15.90 | 2.19 | [11.52 · 13.71 , 18.09 · 20.28] |
|
-0.51 σ |
Fair
|
| Last 15Y | 15.69 | 2.25 | [11.20 · 13.44 , 17.94 · 20.18] |
|
-0.40 σ |
Fair
|
| Last 16Y | 15.38 | 2.35 | [10.69 · 13.04 , 17.73 · 20.07] |
|
-0.26 σ |
Fair
|
| Last 17Y | 15.02 | 2.58 | [9.86 · 12.44 , 17.60 · 20.18] |
|
-0.09 σ |
Fair
|
| Last 18Y | 14.76 | 2.61 | [9.55 · 12.16 , 17.37 · 19.98] |
|
+0.01 σ |
Fair
|
| Last 19Y | 14.57 | 2.60 | [9.37 · 11.97 , 17.17 · 19.77] |
|
+0.08 σ |
Fair
|
| Last 20Y | 14.47 | 2.56 | [9.36 · 11.91 , 17.03 · 19.58] |
|
+0.12 σ |
Fair
|
P/E Comparison
How is the Belgium Stock Market P/E Ratio, compared to other global ratios?
Swipe left to see all data
| Deviation vs μ | ||||||||
|---|---|---|---|---|---|---|---|---|
| Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
|
Belgium | 14.78 |
|
+0.04 σ | -0.46 σ | -1.12 σ | +0.12 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 | ||
Belgium Stock Market Trend
Trend is evaluated considering the price of the EWK Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -5.78% | 20 Dec | |
| Short Term | Price vs SMA50 | -6.24% | 20 Dec |
The 200-day moving average is a long-term indicator that takes into account the average price of a stock over the past 200 trading days. It is considered a significant level of support or resistance, meaning that when the stock price is above the 200-day moving average (i.e. margin vs moving average is positive), it is generally viewed as bullish, while when it is below, it is viewed as bearish.
The 50-day moving average, on the other hand, is a shorter-term indicator that measures the average price of a stock over the past 50 trading days. It is also viewed as a significant level of support or resistance and can be used to identify shorter-term trends.