France Stock Market: current P/E Ratio

17.53
Last update: 05 December 2024

The estimated P/E Ratio for France Stock Market is 17.53, calculated on 05 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.

05 December 2024 · P/E Ratio: 17.53
05 December 2024 · P/E Ratio: 17.53 · 1Y Average: 17.64 · 1 Std Dev range: [16.69 , 18.59] · 2 Std Dev range: [15.73 , 19.55]
05 December 2024 · P/E Ratio: 17.53 · 5Y Average: 15.89 · 1 Std Dev range: [14.11 , 17.67] · 2 Std Dev range: [12.34 , 19.44]
05 December 2024 · P/E Ratio: 17.53 · 10Y Average: 14.90 · 1 Std Dev range: [13.53 , 16.27] · 2 Std Dev range: [12.16 , 17.63]
05 December 2024 · P/E Ratio: 17.53 · 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".
05 December 2024 · P/E Ratio: 17.53 · Last Periods metrics
Show all periods
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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
( 17.53 )
Deviation
vs μ
Valuation
Last 1Y 17.64 0.95 [15.73 · 16.69 , 18.59 · 19.55]
-0.11 σ
Fair
Last 2Y 16.49 1.31 [13.86 · 15.17 , 17.80 · 19.12]
+0.80 σ
Fair
Last 3Y 14.95 2.02 [10.90 · 12.93 , 16.97 · 18.99]
+1.28 σ
Overvalued
Last 4Y 15.65 1.93 [11.79 · 13.72 , 17.58 · 19.51]
+0.97 σ
Fair
Last 5Y 15.89 1.78 [12.34 · 14.11 , 17.67 · 19.44]
+0.93 σ
Fair
Last 6Y 15.35 1.84 [11.66 · 13.50 , 17.19 · 19.04]
+1.19 σ
Overvalued
Last 7Y 15.11 1.72 [11.67 · 13.39 , 16.84 · 18.56]
+1.40 σ
Overvalued
Last 8Y 15.01 1.53 [11.96 · 13.49 , 16.54 · 18.07]
+1.65 σ
Overvalued
Last 9Y 14.85 1.45 [11.95 · 13.40 , 16.29 · 17.74]
+1.86 σ
Overvalued
Last 10Y 14.90 1.37 [12.16 · 13.53 , 16.27 · 17.63]
+1.93 σ
Overvalued
Last 11Y 14.68 1.34 [12.01 · 13.35 , 16.02 · 17.36]
+2.13 σ
Expensive
Last 12Y 14.43 1.44 [11.54 · 12.98 , 15.87 · 17.31]
+2.16 σ
Expensive
Last 13Y 14.10 1.58 [10.94 · 12.52 , 15.69 · 17.27]
+2.17 σ
Expensive
Last 14Y 13.77 1.81 [10.15 · 11.96 , 15.58 · 17.40]
+2.08 σ
Expensive
Last 15Y 13.59 1.88 [9.82 · 11.70 , 15.47 · 17.35]
+2.10 σ
Expensive
Last 16Y 13.36 1.90 [9.55 · 11.46 , 15.26 · 17.17]
+2.19 σ
Expensive
Last 17Y 13.14 1.97 [9.19 · 11.17 , 15.11 · 17.08]
+2.23 σ
Expensive
Last 18Y 13.08 1.86 [9.36 · 11.22 , 14.94 · 16.80]
+2.40 σ
Expensive
Last 19Y 13.01 1.79 [9.43 · 11.22 , 14.80 · 16.59]
+2.53 σ
Expensive
Last 20Y 13.03 1.72 [9.59 · 11.31 , 14.75 · 16.47]
+2.62 σ
Expensive

P/E Comparison

How is the France Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
France 17.53
-0.11 σ +0.93 σ +1.93 σ +2.62 σ
All World 21.29
+1.49 σ +2.46 σ +3.55 σ +4.36 σ
Developed ex-US 16.54
+1.39 σ +1.25 σ +2.27 σ +2.68 σ

France Stock Market Trend

Trend is evaluated considering the price of the EWQ Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -6.91% 05 Dec
Short Term Price vs SMA50 -3.23% 05 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.