Ireland Stock Market: current P/E Ratio

16.80
Last update: 26 July 2024

The estimated P/E Ratio for Ireland Stock Market is 16.80, calculated on 26 July 2024.

Considering the last 5 years, an average P/E interval is [13.90 , 19.62]. For this reason, the current P/E can be considered Fair

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.

26 July 2024 · P/E Ratio: 16.80
26 July 2024 · P/E Ratio: 16.80 · 1Y Average: 14.29 · 1 Std Dev range: [13.44 , 15.15] · 2 Std Dev range: [12.59 , 16.00]
26 July 2024 · P/E Ratio: 16.80 · 5Y Average: 16.76 · 1 Std Dev range: [13.90 , 19.62] · 2 Std Dev range: [11.04 , 22.47]
26 July 2024 · P/E Ratio: 16.80 · 10Y Average: 16.16 · 1 Std Dev range: [14.34 , 17.98] · 2 Std Dev range: [12.52 , 19.80]
26 July 2024 · P/E Ratio: 16.80 · 20Y Average: 16.07 · 1 Std Dev range: [13.58 , 18.56] · 2 Std Dev range: [11.09 , 21.04]
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".
26 July 2024 · P/E Ratio: 16.80 · 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
( 16.80 )		 Deviation
vs μ		 Valuation
Last 1Y 14.30 0.85 [12.59 · 13.44 , 15.15 · 16.00]
+2.94 σ
Expensive
Last 2Y 14.19 0.72 [12.74 · 13.46 , 14.91 · 15.63]
+3.62 σ
Expensive
Last 3Y 14.85 1.52 [11.82 · 13.34 , 16.37 · 17.89]
+1.29 σ
Overvalued
Last 4Y 16.61 2.96 [10.70 · 13.66 , 19.57 · 22.53]
+0.06 σ
Fair
Last 5Y 16.76 2.86 [11.04 · 13.90 , 19.62 · 22.47]
+0.02 σ
Fair
Last 6Y 16.03 2.68 [10.67 · 13.35 , 18.72 · 21.40]
+0.29 σ
Fair
Last 7Y 15.89 2.37 [11.15 · 13.52 , 18.25 · 20.62]
+0.39 σ
Fair
Last 8Y 15.86 2.04 [11.79 · 13.82 , 17.89 · 19.93]
+0.46 σ
Fair
Last 9Y 15.87 1.84 [12.19 · 14.03 , 17.71 · 19.54]
+0.51 σ
Fair
Last 10Y 16.16 1.82 [12.52 · 14.34 , 17.98 · 19.80]
+0.35 σ
Fair
Last 11Y 16.59 2.15 [12.29 · 14.44 , 18.75 · 20.90]
+0.10 σ
Fair
Last 12Y 16.83 2.21 [12.41 · 14.62 , 19.05 · 21.26]
-0.01 σ
Fair
Last 13Y 16.83 2.13 [12.58 · 14.71 , 18.96 · 21.09]
-0.01 σ
Fair
Last 14Y 17.18 2.41 [12.37 · 14.78 , 19.59 · 22.00]
-0.16 σ
Fair
Last 15Y 17.34 2.35 [12.64 · 14.99 , 19.69 · 22.04]
-0.23 σ
Fair
Last 16Y 17.04 2.35 [12.33 · 14.68 , 19.39 · 21.74]
-0.10 σ
Fair
Last 17Y 16.72 2.47 [11.79 · 14.26 , 19.19 · 21.65]
+0.03 σ
Fair
Last 18Y 16.42 2.48 [11.46 · 13.94 , 18.90 · 21.38]
+0.15 σ
Fair
Last 19Y 16.20 2.49 [11.22 · 13.71 , 18.69 · 21.18]
+0.24 σ
Fair
Last 20Y 16.07 2.49 [11.09 · 13.58 , 18.56 · 21.04]
+0.30 σ
Fair

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 16.80
+2.94 σ +0.02 σ +0.35 σ +0.30 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

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 +8.06% 26 Jul
Short Term Price vs SMA50 +0.82% 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.