9.49
Last update: 20 December 2024
The estimated P/E Ratio for Italy Stock Market is 9.49, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [8.79 , 12.41]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EWI Etf, whose benchmark is the Italy 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 Italy 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: 9.49
20 December 2024 · P/E Ratio: 9.49 ·
1Y Average: 10.22 ·
1 Std Dev range: [9.62 , 10.82] ·
2 Std Dev range: [9.02 , 11.43]
20 December 2024 · P/E Ratio: 9.49 ·
5Y Average: 10.60 ·
1 Std Dev range: [8.79 , 12.41] ·
2 Std Dev range: [6.98 , 14.22]
20 December 2024 · P/E Ratio: 9.49 ·
10Y Average: 11.55 ·
1 Std Dev range: [9.98 , 13.11] ·
2 Std Dev range: [8.41 , 14.68]
20 December 2024 · P/E Ratio: 9.49 ·
20Y Average: 11.21 ·
1 Std Dev range: [9.60 , 12.83] ·
2 Std Dev range: [7.98 , 14.45]
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: 9.49 · 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 ( 9.49 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 10.22 | 0.60 | [9.02 · 9.62 , 10.82 · 11.43] |
|
-1.21 σ |
Undervalued
|
| Last 2Y | 9.33 | 0.87 | [7.59 · 8.46 , 10.20 · 11.07] |
|
+0.19 σ |
Fair
|
| Last 3Y | 9.02 | 0.91 | [7.20 · 8.11 , 9.94 · 10.85] |
|
+0.52 σ |
Fair
|
| Last 4Y | 9.87 | 1.48 | [6.90 · 8.39 , 11.35 · 12.84] |
|
-0.25 σ |
Fair
|
| Last 5Y | 10.60 | 1.81 | [6.98 · 8.79 , 12.41 · 14.22] |
|
-0.61 σ |
Fair
|
| Last 6Y | 10.53 | 1.54 | [7.46 · 8.99 , 12.07 · 13.60] |
|
-0.67 σ |
Fair
|
| Last 7Y | 10.71 | 1.50 | [7.72 · 9.22 , 12.21 · 13.71] |
|
-0.81 σ |
Fair
|
| Last 8Y | 11.03 | 1.56 | [7.92 · 9.48 , 12.59 · 14.14] |
|
-0.99 σ |
Fair
|
| Last 9Y | 11.18 | 1.48 | [8.21 · 9.70 , 12.67 · 14.15] |
|
-1.14 σ |
Undervalued
|
| Last 10Y | 11.55 | 1.57 | [8.41 · 9.98 , 13.11 · 14.68] |
|
-1.31 σ |
Undervalued
|
| Last 11Y | 11.67 | 1.49 | [8.69 · 10.18 , 13.17 · 14.66] |
|
-1.46 σ |
Undervalued
|
| Last 12Y | 11.55 | 1.45 | [8.65 · 10.10 , 13.00 · 14.46] |
|
-1.42 σ |
Undervalued
|
| Last 13Y | 11.25 | 1.60 | [8.05 · 9.65 , 12.86 · 14.46] |
|
-1.10 σ |
Undervalued
|
| Last 14Y | 11.05 | 1.66 | [7.73 · 9.39 , 12.71 · 14.37] |
|
-0.94 σ |
Fair
|
| Last 15Y | 11.03 | 1.60 | [7.83 · 9.43 , 12.63 · 14.23] |
|
-0.96 σ |
Fair
|
| Last 16Y | 10.95 | 1.60 | [7.75 · 9.35 , 12.55 · 14.15] |
|
-0.91 σ |
Fair
|
| Last 17Y | 10.82 | 1.62 | [7.59 · 9.21 , 12.44 · 14.05] |
|
-0.82 σ |
Fair
|
| Last 18Y | 10.91 | 1.59 | [7.74 · 9.33 , 12.50 · 14.09] |
|
-0.90 σ |
Fair
|
| Last 19Y | 11.03 | 1.58 | [7.87 · 9.45 , 12.61 · 14.19] |
|
-0.97 σ |
Fair
|
| Last 20Y | 11.21 | 1.62 | [7.98 · 9.60 , 12.83 · 14.45] |
|
-1.06 σ |
Undervalued
|
P/E Comparison
How is the Italy 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 | |||
|
|
Italy | 9.49 |
|
-1.21 σ | -0.61 σ | -1.31 σ | -1.06 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 | ||
| Europe | 15.33 |
|
+0.43 σ | +1.09 σ | +1.70 σ | +2.11 σ | ||
Italy Stock Market Trend
Trend is evaluated considering the price of the EWI Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -4.86% | 20 Dec | |
| Short Term | Price vs SMA50 | -4.55% | 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.