14.87
Last update: 26 July 2024
The estimated P/E Ratio for Germany Stock Market is 14.87, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [11.79 , 14.75]. 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.
26 July 2024 · P/E Ratio: 14.87
26 July 2024 · P/E Ratio: 14.87 ·
1Y Average: 12.79 ·
1 Std Dev range: [12.27 , 13.31] ·
2 Std Dev range: [11.75 , 13.83]
26 July 2024 · P/E Ratio: 14.87 ·
5Y Average: 13.27 ·
1 Std Dev range: [11.79 , 14.75] ·
2 Std Dev range: [10.31 , 16.23]
26 July 2024 · P/E Ratio: 14.87 ·
10Y Average: 13.03 ·
1 Std Dev range: [12.12 , 13.93] ·
2 Std Dev range: [11.22 , 14.84]
26 July 2024 · P/E Ratio: 14.87 ·
20Y Average: 12.22 ·
1 Std Dev range: [11.18 , 13.27] ·
2 Std Dev range: [10.14 , 14.31]
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".
26 July 2024 · P/E Ratio: 14.87 · 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 ( 14.87 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 12.79 | 0.52 | [11.75 · 12.27 , 13.31 · 13.83] |
|
+4.02 σ |
Expensive
|
| Last 2Y | 12.04 | 1.21 | [9.61 · 10.83 , 13.25 · 14.47] |
|
+2.33 σ |
Expensive
|
| Last 3Y | 12.21 | 1.22 | [9.77 · 10.99 , 13.43 · 14.65] |
|
+2.18 σ |
Expensive
|
| Last 4Y | 13.05 | 1.57 | [9.92 · 11.48 , 14.62 · 16.19] |
|
+1.16 σ |
Overvalued
|
| Last 5Y | 13.27 | 1.48 | [10.31 · 11.79 , 14.75 · 16.23] |
|
+1.08 σ |
Overvalued
|
| Last 6Y | 12.97 | 1.31 | [10.36 · 11.66 , 14.28 · 15.59] |
|
+1.45 σ |
Overvalued
|
| Last 7Y | 13.00 | 1.13 | [10.74 · 11.87 , 14.14 · 15.27] |
|
+1.65 σ |
Overvalued
|
| Last 8Y | 13.00 | 0.95 | [11.10 · 12.05 , 13.96 · 14.91] |
|
+1.96 σ |
Overvalued
|
| Last 9Y | 12.96 | 0.90 | [11.17 · 12.06 , 13.86 · 14.75] |
|
+2.13 σ |
Expensive
|
| Last 10Y | 13.03 | 0.90 | [11.22 · 12.12 , 13.93 · 14.84] |
|
+2.04 σ |
Expensive
|
| Last 11Y | 12.92 | 0.86 | [11.20 · 12.06 , 13.77 · 14.63] |
|
+2.28 σ |
Expensive
|
| Last 12Y | 12.72 | 0.98 | [10.76 · 11.74 , 13.69 · 14.67] |
|
+2.20 σ |
Expensive
|
| Last 13Y | 12.46 | 1.15 | [10.17 · 11.32 , 13.61 · 14.76] |
|
+2.10 σ |
Expensive
|
| Last 14Y | 12.29 | 1.21 | [9.87 · 11.08 , 13.50 · 14.71] |
|
+2.13 σ |
Expensive
|
| Last 15Y | 12.30 | 1.15 | [10.00 · 11.15 , 13.45 · 14.60] |
|
+2.24 σ |
Expensive
|
| Last 16Y | 12.13 | 1.22 | [9.70 · 10.91 , 13.34 · 14.56] |
|
+2.26 σ |
Expensive
|
| Last 17Y | 12.11 | 1.18 | [9.76 · 10.93 , 13.29 · 14.46] |
|
+2.35 σ |
Expensive
|
| Last 18Y | 12.14 | 1.13 | [9.89 · 11.02 , 13.27 · 14.39] |
|
+2.43 σ |
Expensive
|
| Last 19Y | 12.17 | 1.09 | [10.00 · 11.09 , 13.26 · 14.35] |
|
+2.48 σ |
Expensive
|
| Last 20Y | 12.22 | 1.04 | [10.14 · 11.18 , 13.27 · 14.31] |
|
+2.53 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 | 14.87 |
|
+4.02 σ | +1.08 σ | +2.04 σ | +2.53 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
| Developed ex-US | 16.49 |
|
+3.85 σ | +1.53 σ | +2.61 σ | +2.67 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 | +5.18% | 26 Jul | |
| Short Term | Price vs SMA50 | -0.17% | 26 Jul |
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.