10.24
Last update: 20 December 2024
The estimated P/E Ratio for Mexico Stock Market is 10.24, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [11.83 , 13.83]. For this reason, the current P/E can be considered Cheap
P/E Ratio is calculated on the EWW Etf, whose benchmark is the Mexico 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 Mexico 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: 10.24
20 December 2024 · P/E Ratio: 10.24 ·
1Y Average: 11.88 ·
1 Std Dev range: [11.41 , 12.35] ·
2 Std Dev range: [10.93 , 12.83]
20 December 2024 · P/E Ratio: 10.24 ·
5Y Average: 12.83 ·
1 Std Dev range: [11.83 , 13.83] ·
2 Std Dev range: [10.83 , 14.83]
20 December 2024 · P/E Ratio: 10.24 ·
10Y Average: 14.38 ·
1 Std Dev range: [12.54 , 16.21] ·
2 Std Dev range: [10.70 , 18.05]
20 December 2024 · P/E Ratio: 10.24 ·
20Y Average: 14.26 ·
1 Std Dev range: [12.53 , 15.99] ·
2 Std Dev range: [10.79 , 17.73]
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: 10.24 · 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 ( 10.24 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 11.88 | 0.47 | [10.93 · 11.41 , 12.35 · 12.83] |
|
-3.47 σ |
Cheap
|
| Last 2Y | 11.78 | 0.64 | [10.50 · 11.14 , 12.41 · 13.05] |
|
-2.42 σ |
Cheap
|
| Last 3Y | 12.00 | 0.61 | [10.77 · 11.38 , 12.61 · 13.23] |
|
-2.87 σ |
Cheap
|
| Last 4Y | 12.54 | 0.94 | [10.66 · 11.60 , 13.49 · 14.43] |
|
-2.45 σ |
Cheap
|
| Last 5Y | 12.83 | 1.00 | [10.83 · 11.83 , 13.83 · 14.83] |
|
-2.59 σ |
Cheap
|
| Last 6Y | 12.83 | 0.88 | [11.07 · 11.95 , 13.71 · 14.59] |
|
-2.95 σ |
Cheap
|
| Last 7Y | 13.10 | 1.02 | [11.06 · 12.08 , 14.13 · 15.15] |
|
-2.81 σ |
Cheap
|
| Last 8Y | 13.47 | 1.27 | [10.92 · 12.19 , 14.74 · 16.01] |
|
-2.53 σ |
Cheap
|
| Last 9Y | 13.89 | 1.57 | [10.75 · 12.32 , 15.46 · 17.03] |
|
-2.33 σ |
Cheap
|
| Last 10Y | 14.38 | 1.84 | [10.70 · 12.54 , 16.21 · 18.05] |
|
-2.25 σ |
Cheap
|
| Last 11Y | 14.70 | 1.96 | [10.78 · 12.74 , 16.66 · 18.61] |
|
-2.28 σ |
Cheap
|
| Last 12Y | 14.94 | 1.97 | [11.00 · 12.97 , 16.91 · 18.88] |
|
-2.39 σ |
Cheap
|
| Last 13Y | 15.00 | 1.88 | [11.23 · 13.12 , 16.88 · 18.76] |
|
-2.53 σ |
Cheap
|
| Last 14Y | 14.88 | 1.83 | [11.23 · 13.05 , 16.70 · 18.53] |
|
-2.54 σ |
Cheap
|
| Last 15Y | 14.83 | 1.77 | [11.28 · 13.05 , 16.60 · 18.37] |
|
-2.59 σ |
Cheap
|
| Last 16Y | 14.65 | 1.78 | [11.08 · 12.86 , 16.43 · 18.22] |
|
-2.47 σ |
Cheap
|
| Last 17Y | 14.45 | 1.84 | [10.78 · 12.62 , 16.29 · 18.13] |
|
-2.30 σ |
Cheap
|
| Last 18Y | 14.39 | 1.77 | [10.84 · 12.61 , 16.16 · 17.93] |
|
-2.34 σ |
Cheap
|
| Last 19Y | 14.35 | 1.73 | [10.89 · 12.62 , 16.08 · 17.81] |
|
-2.38 σ |
Cheap
|
| Last 20Y | 14.26 | 1.73 | [10.79 · 12.53 , 15.99 · 17.73] |
|
-2.32 σ |
Cheap
|
P/E Comparison
How is the Mexico 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 | |||
|
|
Mexico | 10.24 |
|
-3.47 σ | -2.59 σ | -2.25 σ | -2.32 σ | |
| All World | 20.46 |
|
+0.66 σ | +1.89 σ | +2.96 σ | +3.83 σ | ||
| Emerging Markets | 13.29 |
|
-1.00 σ | -0.22 σ | +0.02 σ | +0.49 σ | ||
Mexico Stock Market Trend
Trend is evaluated considering the price of the EWW Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -15.92% | 20 Dec | |
| Short Term | Price vs SMA50 | -5.22% | 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.