Ireland Stock Market: current P/E Ratio

13.59
Last update: 20 December 2024

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.

20 December 2024 · P/E Ratio: 13.59
20 December 2024 · P/E Ratio: 13.59 · 1Y Average: 15.12 · 1 Std Dev range: [14.57 , 15.67] · 2 Std Dev range: [14.02 , 16.22]
20 December 2024 · P/E Ratio: 13.59 · 5Y Average: 16.83 · 1 Std Dev range: [14.00 , 19.66] · 2 Std Dev range: [11.17 , 22.48]
20 December 2024 · P/E Ratio: 13.59 · 10Y Average: 16.08 · 1 Std Dev range: [14.25 , 17.91] · 2 Std Dev range: [12.42 , 19.74]
20 December 2024 · P/E Ratio: 13.59 · 20Y Average: 16.12 · 1 Std Dev range: [13.66 , 18.59] · 2 Std Dev range: [11.20 , 21.05]
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".
20 December 2024 · P/E Ratio: 13.59 · 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
( 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?

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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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -12.21% 20 Dec
Short Term Price vs SMA50 -5.92% 20 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.