13.24
Last update: 20 December 2024
The estimated P/E Ratio for Israel Stock Market is 13.24, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [9.57 , 12.91]. For this reason, the current P/E can be considered Overvalued
P/E Ratio is calculated on the EIS Etf, whose benchmark is the Israel 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 Israel 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: 13.24
20 December 2024 · P/E Ratio: 13.24 ·
1Y Average: 12.22 ·
1 Std Dev range: [11.62 , 12.82] ·
2 Std Dev range: [11.01 , 13.43]
20 December 2024 · P/E Ratio: 13.24 ·
5Y Average: 11.24 ·
1 Std Dev range: [9.57 , 12.91] ·
2 Std Dev range: [7.90 , 14.58]
20 December 2024 · P/E Ratio: 13.24 ·
10Y Average: 10.99 ·
1 Std Dev range: [10.03 , 11.95] ·
2 Std Dev range: [9.08 , 12.91]
20 December 2024 · P/E Ratio: 13.24 ·
20Y Average: 10.99 ·
1 Std Dev range: [9.45 , 12.53] ·
2 Std Dev range: [7.91 , 14.07]
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".
20 December 2024 · P/E Ratio: 13.24 · 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 ( 13.24 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 12.22 | 0.60 | [11.01 · 11.62 , 12.82 · 13.43] |
|
+1.70 σ |
Overvalued
|
| Last 2Y | 10.18 | 1.78 | [6.63 · 8.40 , 11.95 · 13.73] |
|
+1.73 σ |
Overvalued
|
| Last 3Y | 10.21 | 1.70 | [6.80 · 8.51 , 11.91 · 13.61] |
|
+1.78 σ |
Overvalued
|
| Last 4Y | 11.09 | 1.91 | [7.27 · 9.18 , 13.00 · 14.91] |
|
+1.13 σ |
Overvalued
|
| Last 5Y | 11.24 | 1.67 | [7.90 · 9.57 , 12.91 · 14.58] |
|
+1.20 σ |
Overvalued
|
| Last 6Y | 11.09 | 1.46 | [8.18 · 9.63 , 12.55 · 14.01] |
|
+1.48 σ |
Overvalued
|
| Last 7Y | 11.10 | 1.28 | [8.53 · 9.82 , 12.39 · 13.67] |
|
+1.67 σ |
Overvalued
|
| Last 8Y | 11.00 | 1.14 | [8.72 · 9.86 , 12.14 · 13.28] |
|
+1.97 σ |
Overvalued
|
| Last 9Y | 10.92 | 1.05 | [8.82 · 9.87 , 11.97 · 13.02] |
|
+2.21 σ |
Expensive
|
| Last 10Y | 10.99 | 0.96 | [9.08 · 10.03 , 11.95 · 12.91] |
|
+2.35 σ |
Expensive
|
| Last 11Y | 10.87 | 0.92 | [9.04 · 9.96 , 11.79 · 12.71] |
|
+2.59 σ |
Expensive
|
| Last 12Y | 10.62 | 1.12 | [8.38 · 9.50 , 11.74 · 12.86] |
|
+2.34 σ |
Expensive
|
| Last 13Y | 10.36 | 1.26 | [7.84 · 9.10 , 11.62 · 12.88] |
|
+2.29 σ |
Expensive
|
| Last 14Y | 10.27 | 1.26 | [7.76 · 9.01 , 11.52 · 12.78] |
|
+2.37 σ |
Expensive
|
| Last 15Y | 10.37 | 1.23 | [7.91 · 9.14 , 11.60 · 12.83] |
|
+2.34 σ |
Expensive
|
| Last 16Y | 10.39 | 1.24 | [7.92 · 9.15 , 11.63 · 12.86] |
|
+2.31 σ |
Expensive
|
| Last 17Y | 10.44 | 1.25 | [7.94 · 9.19 , 11.69 · 12.94] |
|
+2.24 σ |
Expensive
|
| Last 18Y | 10.60 | 1.34 | [7.93 · 9.27 , 11.94 · 13.27] |
|
+1.98 σ |
Overvalued
|
| Last 19Y | 10.78 | 1.43 | [7.91 · 9.34 , 12.21 · 13.65] |
|
+1.72 σ |
Overvalued
|
| Last 20Y | 10.99 | 1.54 | [7.91 · 9.45 , 12.53 · 14.07] |
|
+1.46 σ |
Overvalued
|
P/E Comparison
How is the Israel 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 | |||
|
|
Israel | 13.24 |
|
+1.70 σ | +1.20 σ | +2.35 σ | +1.46 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 | ||
Israel Stock Market Trend
Trend is evaluated considering the price of the EIS Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +17.86% | 20 Dec | |
| Short Term | Price vs SMA50 | +6.59% | 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.