16.24
Last update: 05 December 2024
The estimated P/E Ratio for Germany Stock Market is 16.24, calculated on 05 December 2024.
Considering the last 5 years, an average P/E interval is [11.93 , 15.15]. For this reason, the current P/E can be considered Overvalued
P/E Ratio is calculated on the EWG Etf, whose benchmark is the Germany 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 Germany 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: 16.24
05 December 2024 · P/E Ratio: 16.24 ·
1Y Average: 13.87 ·
1 Std Dev range: [12.82 , 14.92] ·
2 Std Dev range: [11.77 , 15.97]
05 December 2024 · P/E Ratio: 16.24 ·
5Y Average: 13.54 ·
1 Std Dev range: [11.93 , 15.15] ·
2 Std Dev range: [10.32 , 16.76]
05 December 2024 · P/E Ratio: 16.24 ·
10Y Average: 13.20 ·
1 Std Dev range: [12.20 , 14.19] ·
2 Std Dev range: [11.21 , 15.18]
05 December 2024 · P/E Ratio: 16.24 ·
20Y Average: 12.27 ·
1 Std Dev range: [11.17 , 13.36] ·
2 Std Dev range: [10.08 , 14.45]
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".
05 December 2024 · P/E Ratio: 16.24 · 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 ( 16.24 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 13.87 | 1.05 | [11.77 · 12.82 , 14.92 · 15.97] |
|
+2.26 σ |
Expensive
|
| Last 2Y | 13.13 | 0.97 | [11.19 · 12.16 , 14.10 · 15.06] |
|
+3.21 σ |
Expensive
|
| Last 3Y | 12.25 | 1.28 | [9.69 · 10.97 , 13.53 · 14.82] |
|
+3.11 σ |
Expensive
|
| Last 4Y | 13.02 | 1.53 | [9.97 · 11.50 , 14.55 · 16.08] |
|
+2.10 σ |
Expensive
|
| Last 5Y | 13.54 | 1.61 | [10.32 · 11.93 , 15.15 · 16.76] |
|
+1.67 σ |
Overvalued
|
| Last 6Y | 13.25 | 1.46 | [10.34 · 11.80 , 14.71 · 16.16] |
|
+2.05 σ |
Expensive
|
| Last 7Y | 13.15 | 1.30 | [10.56 · 11.85 , 14.45 · 15.75] |
|
+2.38 σ |
Expensive
|
| Last 8Y | 13.17 | 1.11 | [10.95 · 12.06 , 14.29 · 15.40] |
|
+2.76 σ |
Expensive
|
| Last 9Y | 13.08 | 1.02 | [11.04 · 12.06 , 14.10 · 15.12] |
|
+3.10 σ |
Expensive
|
| Last 10Y | 13.20 | 0.99 | [11.21 · 12.20 , 14.19 · 15.18] |
|
+3.06 σ |
Expensive
|
| Last 11Y | 13.08 | 0.91 | [11.25 · 12.16 , 13.99 · 14.90] |
|
+3.46 σ |
Expensive
|
| Last 12Y | 12.89 | 0.99 | [10.91 · 11.90 , 13.88 · 14.87] |
|
+3.38 σ |
Expensive
|
| Last 13Y | 12.65 | 1.12 | [10.42 · 11.54 , 13.77 · 14.89] |
|
+3.21 σ |
Expensive
|
| Last 14Y | 12.45 | 1.23 | [10.00 · 11.23 , 13.68 · 14.90] |
|
+3.09 σ |
Expensive
|
| Last 15Y | 12.38 | 1.23 | [9.93 · 11.15 , 13.61 · 14.83] |
|
+3.15 σ |
Expensive
|
| Last 16Y | 12.28 | 1.21 | [9.85 · 11.07 , 13.50 · 14.71] |
|
+3.26 σ |
Expensive
|
| Last 17Y | 12.17 | 1.24 | [9.68 · 10.93 , 13.41 · 14.65] |
|
+3.28 σ |
Expensive
|
| Last 18Y | 12.20 | 1.18 | [9.83 · 11.02 , 13.39 · 14.57] |
|
+3.41 σ |
Expensive
|
| Last 19Y | 12.23 | 1.14 | [9.94 · 11.08 , 13.37 · 14.51] |
|
+3.52 σ |
Expensive
|
| Last 20Y | 12.27 | 1.09 | [10.08 · 11.17 , 13.36 · 14.45] |
|
+3.64 σ |
Expensive
|
P/E Comparison
How is the Germany 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 | |||
|
|
Germany | 16.24 |
|
+2.26 σ | +1.67 σ | +3.06 σ | +3.64 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 | +2.28 σ | +2.68 σ | ||
Germany Stock Market Trend
Trend is evaluated considering the price of the EWG Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +5.74% | 05 Dec | |
| Short Term | Price vs SMA50 | +2.69% | 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.