The estimated P/E Ratio for Ireland Stock Market is 13.59, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [14.00 , 19.66]. For this reason, the current P/E can be considered Undervalued
P/E Ratio is calculated on the EIRL Etf, whose benchmark is the Ireland 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 Ireland 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 ( 13.59 ) |
Deviation vs μ |
Valuation |
Last 1Y | 15.12 | 0.55 | [14.02 · 14.57 , 15.67 · 16.23] |
|
-2.78 σ |
Cheap
|
Last 2Y | 14.36 | 0.78 | [12.80 · 13.58 , 15.14 · 15.92] |
|
-0.99 σ |
Fair
|
Last 3Y | 14.46 | 0.79 | [12.87 · 13.67 , 15.25 · 16.05] |
|
-1.10 σ |
Undervalued
|
Last 4Y | 15.94 | 2.51 | [10.92 · 13.43 , 18.44 · 20.95] |
|
-0.94 σ |
Fair
|
Last 5Y | 16.83 | 2.83 | [11.17 · 14.00 , 19.66 · 22.48] |
|
-1.15 σ |
Undervalued
|
Last 6Y | 16.19 | 2.62 | [10.95 · 13.57 , 18.81 · 21.44] |
|
-0.99 σ |
Fair
|
Last 7Y | 15.90 | 2.39 | [11.12 · 13.51 , 18.29 · 20.68] |
|
-0.97 σ |
Fair
|
Last 8Y | 15.83 | 2.06 | [11.71 · 13.77 , 17.89 · 19.95] |
|
-1.09 σ |
Undervalued
|
Last 9Y | 15.84 | 1.85 | [12.15 · 14.00 , 17.69 · 19.54] |
|
-1.22 σ |
Undervalued
|
Last 10Y | 16.08 | 1.83 | [12.42 · 14.25 , 17.91 · 19.74] |
|
-1.36 σ |
Undervalued
|
Last 11Y | 16.33 | 1.91 | [12.51 · 14.42 , 18.24 · 20.15] |
|
-1.43 σ |
Undervalued
|
Last 12Y | 16.76 | 2.24 | [12.28 · 14.52 , 18.99 · 21.23] |
|
-1.42 σ |
Undervalued
|
Last 13Y | 16.84 | 2.11 | [12.61 · 14.73 , 18.95 · 21.07] |
|
-1.54 σ |
Undervalued
|
Last 14Y | 16.93 | 2.20 | [12.53 · 14.73 , 19.12 · 21.32] |
|
-1.52 σ |
Undervalued
|
Last 15Y | 17.25 | 2.37 | [12.51 · 14.88 , 19.62 · 21.99] |
|
-1.54 σ |
Undervalued
|
Last 16Y | 17.11 | 2.29 | [12.54 · 14.83 , 19.40 · 21.68] |
|
-1.54 σ |
Undervalued
|
Last 17Y | 16.81 | 2.38 | [12.06 · 14.44 , 19.19 · 21.57] |
|
-1.36 σ |
Undervalued
|
Last 18Y | 16.50 | 2.42 | [11.67 · 14.09 , 18.92 · 21.34] |
|
-1.20 σ |
Undervalued
|
Last 19Y | 16.28 | 2.44 | [11.40 · 13.84 , 18.71 · 21.15] |
|
-1.10 σ |
Undervalued
|
Last 20Y | 16.12 | 2.46 | [11.20 · 13.66 , 18.59 · 21.05] |
|
-1.03 σ |
Undervalued
|
P/E Comparison
How is the Ireland Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Ireland | 13.59 |
|
-2.78 σ | -1.15 σ | -1.36 σ | -1.03 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 |
Ireland Stock Market Trend
Trend is evaluated considering the price of the EIRL Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -12.21% | 20 Dec | |
Short Term | Price vs SMA50 | -5.92% | 20 Dec |