11.26
Last update: 03 October 2024
The estimated P/E Ratio for Italy Stock Market is 11.26, calculated on 03 October 2024.
Considering the last 5 years, an average P/E interval is [8.80 , 12.43]. 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.
03 October 2024 · P/E Ratio: 11.26
03 October 2024 · P/E Ratio: 11.26 ·
1Y Average: 9.75 ·
1 Std Dev range: [8.99 , 10.50] ·
2 Std Dev range: [8.24 , 11.25]
03 October 2024 · P/E Ratio: 11.26 ·
5Y Average: 10.62 ·
1 Std Dev range: [8.80 , 12.43] ·
2 Std Dev range: [6.99 , 14.25]
03 October 2024 · P/E Ratio: 11.26 ·
10Y Average: 11.58 ·
1 Std Dev range: [10.01 , 13.15] ·
2 Std Dev range: [8.44 , 14.73]
03 October 2024 · P/E Ratio: 11.26 ·
20Y Average: 11.24 ·
1 Std Dev range: [9.61 , 12.88] ·
2 Std Dev range: [7.97 , 14.52]
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".
03 October 2024 · P/E Ratio: 11.26 · 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 ( 11.26 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 9.75 | 0.75 | [8.24 · 8.99 , 10.50 · 11.25] |
|
+2.01 σ |
Expensive
|
| Last 2Y | 9.02 | 0.79 | [7.44 · 8.23 , 9.82 · 10.61] |
|
+2.82 σ |
Expensive
|
| Last 3Y | 9.03 | 0.92 | [7.18 · 8.11 , 9.95 · 10.87] |
|
+2.42 σ |
Expensive
|
| Last 4Y | 9.99 | 1.64 | [6.71 · 8.35 , 11.63 · 13.26] |
|
+0.78 σ |
Fair
|
| Last 5Y | 10.62 | 1.82 | [6.99 · 8.80 , 12.43 · 14.25] |
|
+0.36 σ |
Fair
|
| Last 6Y | 10.50 | 1.54 | [7.42 · 8.96 , 12.04 · 13.58] |
|
+0.50 σ |
Fair
|
| Last 7Y | 10.78 | 1.55 | [7.67 · 9.23 , 12.34 · 13.89] |
|
+0.31 σ |
Fair
|
| Last 8Y | 11.05 | 1.56 | [7.93 · 9.49 , 12.61 · 14.17] |
|
+0.14 σ |
Fair
|
| Last 9Y | 11.24 | 1.52 | [8.20 · 9.72 , 12.77 · 14.29] |
|
+0.01 σ |
Fair
|
| Last 10Y | 11.58 | 1.57 | [8.44 · 10.01 , 13.15 · 14.73] |
|
-0.20 σ |
Fair
|
| Last 11Y | 11.69 | 1.49 | [8.71 · 10.20 , 13.18 · 14.67] |
|
-0.29 σ |
Fair
|
| Last 12Y | 11.52 | 1.49 | [8.54 · 10.03 , 13.01 · 14.50] |
|
-0.17 σ |
Fair
|
| Last 13Y | 11.21 | 1.65 | [7.91 · 9.56 , 12.86 · 14.51] |
|
+0.03 σ |
Fair
|
| Last 14Y | 11.03 | 1.67 | [7.69 · 9.36 , 12.70 · 14.37] |
|
+0.14 σ |
Fair
|
| Last 15Y | 11.06 | 1.61 | [7.83 · 9.44 , 12.67 · 14.28] |
|
+0.13 σ |
Fair
|
| Last 16Y | 10.91 | 1.64 | [7.64 · 9.28 , 12.55 · 14.19] |
|
+0.21 σ |
Fair
|
| Last 17Y | 10.83 | 1.62 | [7.60 · 9.21 , 12.45 · 14.07] |
|
+0.27 σ |
Fair
|
| Last 18Y | 10.93 | 1.59 | [7.74 · 9.34 , 12.53 · 14.12] |
|
+0.21 σ |
Fair
|
| Last 19Y | 11.05 | 1.60 | [7.86 · 9.46 , 12.65 · 14.24] |
|
+0.13 σ |
Fair
|
| Last 20Y | 11.24 | 1.64 | [7.97 · 9.61 , 12.88 · 14.52] |
|
+0.01 σ |
Fair
|
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 | 11.26 |
|
+2.01 σ | +0.36 σ | -0.20 σ | +0.01 σ | |
| All World | 21.10 |
|
+1.66 σ | +2.46 σ | +3.64 σ | +4.40 σ | ||
| Developed ex-US | 17.14 |
|
+2.11 σ | +1.76 σ | +3.00 σ | +3.24 σ | ||
| Europe | 16.40 |
|
+1.85 σ | +1.93 σ | +2.92 σ | +2.89 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 | +2.57% | 03 Oct | |
| Short Term | Price vs SMA50 | -0.33% | 03 Oct |
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.