Spain Stock Market: current P/E Ratio

11.76
Last update: 07 February 2025

The estimated P/E Ratio for Spain Stock Market is 11.76, calculated on 07 February 2025.

Considering the last 5 years, an average P/E interval is [9.79 , 13.26]. For this reason, the current P/E can be considered Fair

P/E Ratio is calculated on the EWP Etf, whose benchmark is the Spain 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 Spain Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.

07 February 2025 · P/E Ratio: 11.76
07 February 2025 · P/E Ratio: 11.76 · 1Y Average: 10.03 · 1 Std Dev range: [9.75 , 10.31] · 2 Std Dev range: [9.48 , 10.59]
07 February 2025 · P/E Ratio: 11.76 · 5Y Average: 11.52 · 1 Std Dev range: [9.79 , 13.26] · 2 Std Dev range: [8.05 , 15.00]
07 February 2025 · P/E Ratio: 11.76 · 10Y Average: 11.98 · 1 Std Dev range: [10.63 , 13.33] · 2 Std Dev range: [9.27 , 14.69]
07 February 2025 · P/E Ratio: 11.76 · 20Y Average: 11.57 · 1 Std Dev range: [10.07 , 13.07] · 2 Std Dev range: [8.57 , 14.57]
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".
07 February 2025 · P/E Ratio: 11.76 · 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
( 11.76 )
Deviation
vs μ
Valuation
Last 1Y 10.03 0.28 [9.48 · 9.75 , 10.31 · 10.59]
+6.22 σ
Expensive
Last 2Y 10.27 0.41 [9.45 · 9.86 , 10.68 · 11.09]
+3.62 σ
Expensive
Last 3Y 10.24 0.43 [9.38 · 9.81 , 10.67 · 11.10]
+3.54 σ
Expensive
Last 4Y 10.78 1.01 [8.76 · 9.77 , 11.79 · 12.79]
+0.97 σ
Fair
Last 5Y 11.52 1.74 [8.05 · 9.79 , 13.26 · 15.00]
+0.13 σ
Fair
Last 6Y 11.39 1.44 [8.52 · 9.95 , 12.83 · 14.27]
+0.25 σ
Fair
Last 7Y 11.35 1.27 [8.80 · 10.07 , 12.62 · 13.89]
+0.32 σ
Fair
Last 8Y 11.60 1.30 [8.99 · 10.29 , 12.90 · 14.20]
+0.12 σ
Fair
Last 9Y 11.70 1.23 [9.25 · 10.47 , 12.92 · 14.15]
+0.05 σ
Fair
Last 10Y 11.98 1.35 [9.27 · 10.63 , 13.33 · 14.69]
-0.17 σ
Fair
Last 11Y 12.22 1.45 [9.32 · 10.77 , 13.67 · 15.12]
-0.32 σ
Fair
Last 12Y 12.20 1.43 [9.34 · 10.77 , 13.63 · 15.06]
-0.31 σ
Fair
Last 13Y 11.98 1.45 [9.07 · 10.52 , 13.43 · 14.88]
-0.15 σ
Fair
Last 14Y 11.74 1.54 [8.66 · 10.20 , 13.29 · 14.83]
+0.01 σ
Fair
Last 15Y 11.57 1.61 [8.35 · 9.96 , 13.19 · 14.80]
+0.11 σ
Fair
Last 16Y 11.45 1.57 [8.31 · 9.88 , 13.02 · 14.58]
+0.20 σ
Fair
Last 17Y 11.30 1.59 [8.12 · 9.71 , 12.89 · 14.48]
+0.29 σ
Fair
Last 18Y 11.35 1.54 [8.28 · 9.81 , 12.89 · 14.43]
+0.26 σ
Fair
Last 19Y 11.45 1.52 [8.41 · 9.93 , 12.97 · 14.49]
+0.20 σ
Fair
Last 20Y 11.57 1.50 [8.57 · 10.07 , 13.07 · 14.57]
+0.12 σ
Fair

P/E Comparison

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

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Spain 11.76
+6.22 σ +0.13 σ -0.17 σ +0.12 σ
All World 21.01
+0.88 σ +2.06 σ +3.13 σ +4.03 σ
Developed ex-US 17.00
+1.70 σ +1.52 σ +2.64 σ +3.06 σ

Spain Stock Market Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +2.95% 07 Feb
Short Term Price vs SMA50 +4.86% 07 Feb
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.