16.07
Last update: 20 December 2024
The estimated P/E Ratio for Denmark Stock Market is 16.07, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [15.10 , 23.72]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EDEN Etf, whose benchmark is the Denmark 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 Denmark 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: 16.07
20 December 2024 · P/E Ratio: 16.07 ·
1Y Average: 18.24 ·
1 Std Dev range: [16.69 , 19.78] ·
2 Std Dev range: [15.15 , 21.32]
20 December 2024 · P/E Ratio: 16.07 ·
5Y Average: 19.41 ·
1 Std Dev range: [15.10 , 23.72] ·
2 Std Dev range: [10.78 , 28.03]
20 December 2024 · P/E Ratio: 16.07 ·
10Y Average: 18.62 ·
1 Std Dev range: [16.26 , 20.99] ·
2 Std Dev range: [13.89 , 23.35]
20 December 2024 · P/E Ratio: 16.07 ·
20Y Average: 16.50 ·
1 Std Dev range: [14.64 , 18.36] ·
2 Std Dev range: [12.78 , 20.23]
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: 16.07 · 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 ( 16.07 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 18.24 | 1.54 | [15.15 · 16.69 , 19.78 · 21.32] |
|
-1.41 σ |
Undervalued
|
| Last 2Y | 14.90 | 2.89 | [9.12 · 12.01 , 17.80 · 20.69] |
|
+0.40 σ |
Fair
|
| Last 3Y | 15.45 | 2.62 | [10.21 · 12.83 , 18.07 · 20.69] |
|
+0.23 σ |
Fair
|
| Last 4Y | 17.50 | 3.83 | [9.85 · 13.68 , 21.33 · 25.15] |
|
-0.38 σ |
Fair
|
| Last 5Y | 19.41 | 4.31 | [10.78 · 15.10 , 23.72 · 28.03] |
|
-0.78 σ |
Fair
|
| Last 6Y | 19.24 | 3.69 | [11.85 · 15.54 , 22.93 · 26.63] |
|
-0.86 σ |
Fair
|
| Last 7Y | 18.94 | 3.29 | [12.35 · 15.65 , 22.24 · 25.53] |
|
-0.87 σ |
Fair
|
| Last 8Y | 18.56 | 2.91 | [12.75 · 15.65 , 21.47 · 24.37] |
|
-0.86 σ |
Fair
|
| Last 9Y | 18.53 | 2.59 | [13.35 · 15.94 , 21.12 · 23.71] |
|
-0.95 σ |
Fair
|
| Last 10Y | 18.62 | 2.36 | [13.89 · 16.26 , 20.99 · 23.35] |
|
-1.08 σ |
Undervalued
|
| Last 11Y | 18.40 | 2.09 | [14.22 · 16.31 , 20.48 · 22.57] |
|
-1.12 σ |
Undervalued
|
| Last 12Y | 18.05 | 2.11 | [13.83 · 15.94 , 20.16 · 22.27] |
|
-0.94 σ |
Fair
|
| Last 13Y | 17.74 | 2.02 | [13.70 · 15.72 , 19.75 · 21.77] |
|
-0.83 σ |
Fair
|
| Last 14Y | 17.40 | 2.12 | [13.16 · 15.28 , 19.51 · 21.63] |
|
-0.63 σ |
Fair
|
| Last 15Y | 17.30 | 2.07 | [13.17 · 15.24 , 19.37 · 21.43] |
|
-0.60 σ |
Fair
|
| Last 16Y | 17.09 | 1.97 | [13.15 · 15.12 , 19.07 · 21.04] |
|
-0.52 σ |
Fair
|
| Last 17Y | 16.80 | 2.08 | [12.64 · 14.72 , 18.88 · 20.96] |
|
-0.35 σ |
Fair
|
| Last 18Y | 16.71 | 1.93 | [12.85 · 14.78 , 18.64 · 20.57] |
|
-0.33 σ |
Fair
|
| Last 19Y | 16.58 | 1.89 | [12.81 · 14.70 , 18.47 · 20.36] |
|
-0.27 σ |
Fair
|
| Last 20Y | 16.50 | 1.86 | [12.78 · 14.64 , 18.36 · 20.23] |
|
-0.23 σ |
Fair
|
P/E Comparison
How is the Denmark 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 | |||
|
|
Denmark | 16.07 |
|
-1.41 σ | -0.78 σ | -1.08 σ | -0.23 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 | ||
Denmark Stock Market Trend
Trend is evaluated considering the price of the EDEN Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -14.22% | 20 Dec | |
| Short Term | Price vs SMA50 | -9.41% | 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.