13.21
Last update: 20 December 2024
The estimated P/E Ratio for Singapore Stock Market is 13.21, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [12.03 , 14.42]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EWS Etf, whose benchmark is the Singapore 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 Singapore 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: 13.21
20 December 2024 · P/E Ratio: 13.21 ·
1Y Average: 11.69 ·
1 Std Dev range: [11.12 , 12.25] ·
2 Std Dev range: [10.56 , 12.82]
20 December 2024 · P/E Ratio: 13.21 ·
5Y Average: 13.22 ·
1 Std Dev range: [12.03 , 14.42] ·
2 Std Dev range: [10.84 , 15.61]
20 December 2024 · P/E Ratio: 13.21 ·
10Y Average: 12.94 ·
1 Std Dev range: [12.02 , 13.86] ·
2 Std Dev range: [11.10 , 14.77]
20 December 2024 · P/E Ratio: 13.21 ·
20Y Average: 13.30 ·
1 Std Dev range: [12.44 , 14.16] ·
2 Std Dev range: [11.58 , 15.02]
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: 13.21 · 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 ( 13.21 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 11.69 | 0.56 | [10.56 · 11.12 , 12.25 · 12.82] |
|
+2.69 σ |
Expensive
|
| Last 2Y | 11.68 | 0.74 | [10.20 · 10.94 , 12.43 · 13.17] |
|
+2.04 σ |
Expensive
|
| Last 3Y | 12.60 | 1.36 | [9.88 · 11.24 , 13.95 · 15.31] |
|
+0.45 σ |
Fair
|
| Last 4Y | 13.08 | 1.29 | [10.50 · 11.79 , 14.37 · 15.65] |
|
+0.10 σ |
Fair
|
| Last 5Y | 13.22 | 1.19 | [10.84 · 12.03 , 14.42 · 15.61] |
|
-0.01 σ |
Fair
|
| Last 6Y | 12.98 | 1.07 | [10.84 · 11.91 , 14.05 · 15.12] |
|
+0.21 σ |
Fair
|
| Last 7Y | 12.97 | 1.03 | [10.92 · 11.94 , 14.00 · 15.03] |
|
+0.23 σ |
Fair
|
| Last 8Y | 13.07 | 0.95 | [11.17 · 12.12 , 14.02 · 14.97] |
|
+0.14 σ |
Fair
|
| Last 9Y | 12.93 | 0.95 | [11.04 · 11.98 , 13.88 · 14.82] |
|
+0.29 σ |
Fair
|
| Last 10Y | 12.94 | 0.92 | [11.10 · 12.02 , 13.86 · 14.77] |
|
+0.29 σ |
Fair
|
| Last 11Y | 12.97 | 0.85 | [11.26 · 12.12 , 13.82 · 14.68] |
|
+0.28 σ |
Fair
|
| Last 12Y | 13.04 | 0.83 | [11.38 · 12.21 , 13.88 · 14.71] |
|
+0.19 σ |
Fair
|
| Last 13Y | 13.01 | 0.80 | [11.42 · 12.21 , 13.81 · 14.60] |
|
+0.25 σ |
Fair
|
| Last 14Y | 13.02 | 0.79 | [11.45 · 12.23 , 13.81 · 14.60] |
|
+0.23 σ |
Fair
|
| Last 15Y | 13.12 | 0.80 | [11.52 · 12.32 , 13.91 · 14.71] |
|
+0.11 σ |
Fair
|
| Last 16Y | 13.12 | 0.85 | [11.43 · 12.28 , 13.97 · 14.82] |
|
+0.10 σ |
Fair
|
| Last 17Y | 13.10 | 0.86 | [11.39 · 12.25 , 13.96 · 14.81] |
|
+0.12 σ |
Fair
|
| Last 18Y | 13.21 | 0.90 | [11.40 · 12.30 , 14.11 · 15.02] |
|
-0.00 σ |
Fair
|
| Last 19Y | 13.26 | 0.90 | [11.47 · 12.37 , 14.16 · 15.05] |
|
-0.06 σ |
Fair
|
| Last 20Y | 13.30 | 0.86 | [11.58 · 12.44 , 14.16 · 15.02] |
|
-0.11 σ |
Fair
|
P/E Comparison
How is the Singapore 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 | |||
|
|
Singapore | 13.21 |
|
+2.69 σ | -0.01 σ | +0.29 σ | -0.11 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 | ||
Singapore Stock Market Trend
Trend is evaluated considering the price of the EWS Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +7.14% | 20 Dec | |
| Short Term | Price vs SMA50 | -2.23% | 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.