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