16.72
Last update: 20 December 2024
The estimated P/E Ratio for France Stock Market is 16.72, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [14.11 , 17.67]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EWQ Etf, whose benchmark is the France 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 France 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: 16.72
20 December 2024 · P/E Ratio: 16.72 ·
1Y Average: 17.64 ·
1 Std Dev range: [16.69 , 18.59] ·
2 Std Dev range: [15.73 , 19.55]
20 December 2024 · P/E Ratio: 16.72 ·
5Y Average: 15.89 ·
1 Std Dev range: [14.11 , 17.67] ·
2 Std Dev range: [12.34 , 19.44]
20 December 2024 · P/E Ratio: 16.72 ·
10Y Average: 14.90 ·
1 Std Dev range: [13.53 , 16.27] ·
2 Std Dev range: [12.16 , 17.63]
20 December 2024 · P/E Ratio: 16.72 ·
20Y Average: 13.03 ·
1 Std Dev range: [11.31 , 14.75] ·
2 Std Dev range: [9.59 , 16.47]
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: 16.72 · 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 ( 16.72 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 17.64 | 0.95 | [15.73 · 16.69 , 18.59 · 19.55] |
|
-0.97 σ |
Fair
|
| Last 2Y | 16.49 | 1.31 | [13.86 · 15.17 , 17.80 · 19.12] |
|
+0.18 σ |
Fair
|
| Last 3Y | 14.95 | 2.02 | [10.90 · 12.93 , 16.97 · 18.99] |
|
+0.88 σ |
Fair
|
| Last 4Y | 15.65 | 1.93 | [11.79 · 13.72 , 17.58 · 19.51] |
|
+0.55 σ |
Fair
|
| Last 5Y | 15.89 | 1.78 | [12.34 · 14.11 , 17.67 · 19.44] |
|
+0.47 σ |
Fair
|
| Last 6Y | 15.35 | 1.84 | [11.66 · 13.50 , 17.19 · 19.04] |
|
+0.74 σ |
Fair
|
| Last 7Y | 15.11 | 1.72 | [11.67 · 13.39 , 16.84 · 18.56] |
|
+0.93 σ |
Fair
|
| Last 8Y | 15.01 | 1.53 | [11.96 · 13.49 , 16.54 · 18.07] |
|
+1.12 σ |
Overvalued
|
| Last 9Y | 14.85 | 1.45 | [11.95 · 13.40 , 16.29 · 17.74] |
|
+1.29 σ |
Overvalued
|
| Last 10Y | 14.90 | 1.37 | [12.16 · 13.53 , 16.27 · 17.63] |
|
+1.33 σ |
Overvalued
|
| Last 11Y | 14.68 | 1.34 | [12.01 · 13.35 , 16.02 · 17.36] |
|
+1.52 σ |
Overvalued
|
| Last 12Y | 14.43 | 1.44 | [11.54 · 12.98 , 15.87 · 17.31] |
|
+1.59 σ |
Overvalued
|
| Last 13Y | 14.10 | 1.58 | [10.94 · 12.52 , 15.69 · 17.27] |
|
+1.65 σ |
Overvalued
|
| Last 14Y | 13.77 | 1.81 | [10.15 · 11.96 , 15.58 · 17.40] |
|
+1.63 σ |
Overvalued
|
| Last 15Y | 13.59 | 1.88 | [9.82 · 11.70 , 15.47 · 17.35] |
|
+1.66 σ |
Overvalued
|
| Last 16Y | 13.36 | 1.90 | [9.55 · 11.46 , 15.26 · 17.17] |
|
+1.76 σ |
Overvalued
|
| Last 17Y | 13.14 | 1.97 | [9.19 · 11.17 , 15.11 · 17.08] |
|
+1.82 σ |
Overvalued
|
| Last 18Y | 13.08 | 1.86 | [9.36 · 11.22 , 14.94 · 16.80] |
|
+1.96 σ |
Overvalued
|
| Last 19Y | 13.01 | 1.79 | [9.43 · 11.22 , 14.80 · 16.59] |
|
+2.07 σ |
Expensive
|
| Last 20Y | 13.03 | 1.72 | [9.59 · 11.31 , 14.75 · 16.47] |
|
+2.15 σ |
Expensive
|
P/E Comparison
How is the France 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 | |||
|
|
France | 16.72 |
|
-0.97 σ | +0.47 σ | +1.33 σ | +2.15 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 | ||
France Stock Market Trend
Trend is evaluated considering the price of the EWQ Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -9.11% | 20 Dec | |
| Short Term | Price vs SMA50 | -4.21% | 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.