Qatar Stock Market: current P/E Ratio

10.60
Last update: 20 December 2024

The estimated P/E Ratio for Qatar Stock Market is 10.60, calculated on 20 December 2024.

Considering the last 5 years, an average P/E interval is [11.83 , 15.85]. For this reason, the current P/E can be considered Undervalued

P/E Ratio is calculated on the QAT Etf, whose benchmark is the Qatar 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 Qatar 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: 10.60
20 December 2024 · P/E Ratio: 10.60 · 1Y Average: 10.70 · 1 Std Dev range: [10.31 , 11.09] · 2 Std Dev range: [9.91 , 11.48]
20 December 2024 · P/E Ratio: 10.60 · 5Y Average: 13.84 · 1 Std Dev range: [11.83 , 15.85] · 2 Std Dev range: [9.82 , 17.86]
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".
20 December 2024 · P/E Ratio: 10.60 · Last Periods metrics
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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
( 10.60 )		 Deviation
vs μ		 Valuation
Last 1Y 10.70 0.39 [9.91 · 10.31 , 11.09 · 11.48]
-0.24 σ
Fair
Last 2Y 11.22 0.50 [10.22 · 10.72 , 11.72 · 12.22]
-1.24 σ
Undervalued
Last 3Y 12.35 1.60 [9.16 · 10.76 , 13.95 · 15.55]
-1.10 σ
Undervalued
Last 4Y 13.63 2.33 [8.97 · 11.30 , 15.96 · 18.29]
-1.30 σ
Undervalued
Last 5Y 13.84 2.01 [9.82 · 11.83 , 15.85 · 17.86]
-1.61 σ
Undervalued
Last 6Y 13.79 1.72 [10.35 · 12.07 , 15.51 · 17.22]
-1.85 σ
Undervalued
Last 7Y 13.72 1.53 [10.66 · 12.19 , 15.25 · 16.78]
-2.04 σ
Cheap
Last 8Y 13.71 1.33 [11.05 · 12.38 , 15.04 · 16.36]
-2.34 σ
Cheap

P/E Comparison

How is the Qatar Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Qatar 10.60
-0.24 σ -1.61 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

Qatar Stock Market Trend

Trend is evaluated considering the price of the QAT Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +0.91% 20 Dec
Short Term Price vs SMA50 -2.51% 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.