11.87
Last update: 26 July 2024
The estimated P/E Ratio for Singapore Stock Market is 11.87, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [11.98 , 14.40]. For this reason, the current P/E can be considered Undervalued
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.
26 July 2024 · P/E Ratio: 11.87
26 July 2024 · P/E Ratio: 11.87 ·
1Y Average: 11.04 ·
1 Std Dev range: [10.66 , 11.41] ·
2 Std Dev range: [10.29 , 11.78]
26 July 2024 · P/E Ratio: 11.87 ·
5Y Average: 13.19 ·
1 Std Dev range: [11.98 , 14.40] ·
2 Std Dev range: [10.78 , 15.60]
26 July 2024 · P/E Ratio: 11.87 ·
10Y Average: 12.97 ·
1 Std Dev range: [12.06 , 13.89] ·
2 Std Dev range: [11.15 , 14.80]
26 July 2024 · P/E Ratio: 11.87 ·
20Y Average: 13.31 ·
1 Std Dev range: [12.46 , 14.16] ·
2 Std Dev range: [11.61 , 15.01]
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".
26 July 2024 · P/E Ratio: 11.87 · 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 ( 11.87 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 11.04 | 0.37 | [10.29 · 10.66 , 11.41 · 11.78] |
|
+2.24 σ |
Expensive
|
| Last 2Y | 11.86 | 0.96 | [9.93 · 10.90 , 12.83 · 13.79] |
|
+0.01 σ |
Fair
|
| Last 3Y | 12.84 | 1.45 | [9.94 · 11.39 , 14.30 · 15.75] |
|
-0.67 σ |
Fair
|
| Last 4Y | 13.27 | 1.32 | [10.64 · 11.96 , 14.59 · 15.91] |
|
-1.07 σ |
Undervalued
|
| Last 5Y | 13.19 | 1.21 | [10.78 · 11.98 , 14.40 · 15.60] |
|
-1.10 σ |
Undervalued
|
| Last 6Y | 12.91 | 1.12 | [10.68 · 11.80 , 14.03 · 15.14] |
|
-0.93 σ |
Fair
|
| Last 7Y | 13.07 | 1.04 | [10.98 · 12.03 , 14.11 · 15.16] |
|
-1.15 σ |
Undervalued
|
| Last 8Y | 13.06 | 0.95 | [11.16 · 12.11 , 14.01 · 14.96] |
|
-1.25 σ |
Undervalued
|
| Last 9Y | 12.88 | 0.99 | [10.91 · 11.89 , 13.87 · 14.86] |
|
-1.02 σ |
Undervalued
|
| Last 10Y | 12.97 | 0.91 | [11.15 · 12.06 , 13.89 · 14.80] |
|
-1.21 σ |
Undervalued
|
| Last 11Y | 13.01 | 0.86 | [11.30 · 12.16 , 13.87 · 14.72] |
|
-1.34 σ |
Undervalued
|
| Last 12Y | 13.05 | 0.83 | [11.40 · 12.22 , 13.88 · 14.71] |
|
-1.43 σ |
Undervalued
|
| Last 13Y | 13.00 | 0.81 | [11.38 · 12.19 , 13.81 · 14.62] |
|
-1.40 σ |
Undervalued
|
| Last 14Y | 13.07 | 0.80 | [11.47 · 12.27 , 13.86 · 14.66] |
|
-1.50 σ |
Undervalued
|
| Last 15Y | 13.18 | 0.83 | [11.53 · 12.35 , 14.01 · 14.84] |
|
-1.59 σ |
Undervalued
|
| Last 16Y | 13.10 | 0.88 | [11.34 · 12.22 , 13.98 · 14.85] |
|
-1.40 σ |
Undervalued
|
| Last 17Y | 13.16 | 0.88 | [11.40 · 12.28 , 14.05 · 14.93] |
|
-1.47 σ |
Undervalued
|
| Last 18Y | 13.25 | 0.91 | [11.42 · 12.34 , 14.16 · 15.07] |
|
-1.51 σ |
Undervalued
|
| Last 19Y | 13.30 | 0.89 | [11.51 · 12.40 , 14.19 · 15.08] |
|
-1.60 σ |
Undervalued
|
| Last 20Y | 13.31 | 0.85 | [11.61 · 12.46 , 14.16 · 15.01] |
|
-1.69 σ |
Undervalued
|
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 | 11.87 |
|
+2.24 σ | -1.10 σ | -1.21 σ | -1.69 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
| Developed ex-US | 16.49 |
|
+3.85 σ | +1.53 σ | +2.61 σ | +2.67 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 | +5.48% | 26 Jul | |
| Short Term | Price vs SMA50 | +0.04% | 26 Jul |
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.