The estimated P/E Ratio for Chile Stock Market is 10.55, calculated on 17 May 2024.
Considering the last 5 years, an average P/E interval is [7.72 , 14.24]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the ECH Etf, whose benchmark is the Chile 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 Chile 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 ( 10.55 ) |
Deviation vs μ |
Valuation |
Last 1Y | 5.70 | 0.66 | [4.38 · 5.04 , 6.36 · 7.02] |
|
+7.35 σ |
Expensive
|
Last 2Y | 6.68 | 1.13 | [4.43 · 5.56 , 7.81 · 8.94] |
|
+3.43 σ |
Expensive
|
Last 3Y | 7.99 | 2.00 | [3.99 · 5.99 , 9.99 · 11.99] |
|
+1.28 σ |
Overvalued
|
Last 4Y | 9.87 | 3.29 | [3.28 · 6.58 , 13.16 · 16.46] |
|
+0.21 σ |
Fair
|
Last 5Y | 10.98 | 3.26 | [4.46 · 7.72 , 14.24 · 17.51] |
|
-0.13 σ |
Fair
|
Last 6Y | 11.85 | 3.34 | [5.16 · 8.51 , 15.20 · 18.54] |
|
-0.39 σ |
Fair
|
Last 7Y | 12.77 | 3.50 | [5.77 · 9.27 , 16.27 · 19.77] |
|
-0.63 σ |
Fair
|
Last 8Y | 13.14 | 3.26 | [6.62 · 9.88 , 16.40 · 19.66] |
|
-0.79 σ |
Fair
|
Last 9Y | 13.30 | 2.98 | [7.34 · 10.32 , 16.29 · 19.27] |
|
-0.92 σ |
Fair
|
Last 10Y | 13.64 | 2.70 | [8.23 · 10.94 , 16.34 · 19.04] |
|
-1.14 σ |
Undervalued
|
Last 11Y | 13.75 | 2.50 | [8.75 · 11.25 , 16.25 · 18.75] |
|
-1.28 σ |
Undervalued
|
Last 12Y | 13.98 | 2.39 | [9.21 · 11.60 , 16.37 · 18.76] |
|
-1.44 σ |
Undervalued
|
Last 13Y | 14.05 | 2.23 | [9.58 · 11.82 , 16.29 · 18.52] |
|
-1.57 σ |
Undervalued
|
Last 14Y | 14.22 | 2.13 | [9.96 · 12.09 , 16.35 · 18.48] |
|
-1.72 σ |
Undervalued
|
Last 15Y | 14.47 | 2.01 | [10.46 · 12.46 , 16.48 · 18.49] |
|
-1.95 σ |
Undervalued
|
Last 16Y | 14.42 | 1.91 | [10.61 · 12.52 , 16.33 · 18.24] |
|
-2.03 σ |
Cheap
|
Last 17Y | 14.57 | 1.86 | [10.86 · 12.72 , 16.43 · 18.29] |
|
-2.17 σ |
Cheap
|
Last 18Y | 14.74 | 1.83 | [11.08 · 12.91 , 16.57 · 18.41] |
|
-2.29 σ |
Cheap
|
Last 19Y | 14.84 | 1.72 | [11.39 · 13.11 , 16.56 · 18.29] |
|
-2.48 σ |
Cheap
|
Last 20Y | 14.94 | 1.59 | [11.75 · 13.34 , 16.53 · 18.12] |
|
-2.75 σ |
Cheap
|
P/E Comparison
How is the Chile Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Chile | 10.55 |
|
+7.35 σ | -0.13 σ | -1.14 σ | -2.75 σ | |
All World | 21.20 |
|
+5.06 σ | +2.85 σ | +4.34 σ | +4.88 σ | ||
Emerging Markets | 14.67 |
|
+4.85 σ | +0.89 σ | +1.75 σ | +1.86 σ |
Chile Stock Market Trend
Trend is evaluated considering the price of the ECH Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +10.06% | 17 May | |
Short Term | Price vs SMA50 | +8.15% | 17 May |