15.33
Last update: 20 December 2024
The estimated P/E Ratio for Europe Stocks is 15.33, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [12.09 , 15.20]. For this reason, the current P/E can be considered Overvalued
P/E Ratio is calculated on the VGK Etf, whose benchmark is the Europe 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 Europe Stocks 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: 15.33
20 December 2024 · P/E Ratio: 15.33 ·
1Y Average: 14.91 ·
1 Std Dev range: [13.94 , 15.88] ·
2 Std Dev range: [12.97 , 16.85]
20 December 2024 · P/E Ratio: 15.33 ·
5Y Average: 13.65 ·
1 Std Dev range: [12.09 , 15.20] ·
2 Std Dev range: [10.54 , 16.75]
20 December 2024 · P/E Ratio: 15.33 ·
10Y Average: 13.64 ·
1 Std Dev range: [12.64 , 14.63] ·
2 Std Dev range: [11.64 , 15.63]
20 December 2024 · P/E Ratio: 15.33 ·
20Y Average: 12.44 ·
1 Std Dev range: [11.06 , 13.81] ·
2 Std Dev range: [9.69 , 15.18]
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: 15.33 · 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 ( 15.33 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 14.91 | 0.97 | [12.97 · 13.94 , 15.88 · 16.85] |
|
+0.43 σ |
Fair
|
| Last 2Y | 13.73 | 1.27 | [11.19 · 12.46 , 15.01 · 16.28] |
|
+1.25 σ |
Overvalued
|
| Last 3Y | 12.61 | 1.56 | [9.50 · 11.06 , 14.17 · 15.72] |
|
+1.75 σ |
Overvalued
|
| Last 4Y | 13.23 | 1.57 | [10.08 · 11.66 , 14.80 · 16.38] |
|
+1.34 σ |
Overvalued
|
| Last 5Y | 13.65 | 1.55 | [10.54 · 12.09 , 15.20 · 16.75] |
|
+1.09 σ |
Overvalued
|
| Last 6Y | 13.35 | 1.41 | [10.54 · 11.95 , 14.76 · 16.17] |
|
+1.41 σ |
Overvalued
|
| Last 7Y | 13.30 | 1.26 | [10.78 · 12.04 , 14.56 · 15.82] |
|
+1.61 σ |
Overvalued
|
| Last 8Y | 13.40 | 1.13 | [11.15 · 12.27 , 14.53 · 15.65] |
|
+1.72 σ |
Overvalued
|
| Last 9Y | 13.46 | 1.02 | [11.42 · 12.44 , 14.49 · 15.51] |
|
+1.83 σ |
Overvalued
|
| Last 10Y | 13.64 | 1.00 | [11.64 · 12.64 , 14.63 · 15.63] |
|
+1.70 σ |
Overvalued
|
| Last 11Y | 13.56 | 0.91 | [11.74 · 12.65 , 14.47 · 15.38] |
|
+1.95 σ |
Overvalued
|
| Last 12Y | 13.36 | 1.04 | [11.28 · 12.32 , 14.39 · 15.43] |
|
+1.91 σ |
Overvalued
|
| Last 13Y | 13.08 | 1.24 | [10.60 · 11.84 , 14.32 · 15.55] |
|
+1.82 σ |
Overvalued
|
| Last 14Y | 12.82 | 1.43 | [9.95 · 11.39 , 14.25 · 15.68] |
|
+1.76 σ |
Overvalued
|
| Last 15Y | 12.67 | 1.50 | [9.67 · 11.17 , 14.17 · 15.66] |
|
+1.78 σ |
Overvalued
|
| Last 16Y | 12.52 | 1.50 | [9.53 · 11.03 , 14.02 · 15.51] |
|
+1.88 σ |
Overvalued
|
| Last 17Y | 12.36 | 1.54 | [9.28 · 10.82 , 13.90 · 15.44] |
|
+1.93 σ |
Overvalued
|
| Last 18Y | 12.36 | 1.46 | [9.44 · 10.90 , 13.82 · 15.28] |
|
+2.04 σ |
Expensive
|
| Last 19Y | 12.36 | 1.40 | [9.56 · 10.96 , 13.76 · 15.16] |
|
+2.13 σ |
Expensive
|
| Last 20Y | 12.44 | 1.37 | [9.69 · 11.06 , 13.81 · 15.18] |
|
+2.11 σ |
Expensive
|
Europe Stocks Trend
Trend is evaluated considering the price of the VGK Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -6.71% | 20 Dec | |
| Short Term | Price vs SMA50 | -5.11% | 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.