20.81
Last update: 20 December 2024
The estimated P/E Ratio for Switzerland Stock Market is 20.81, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [17.05 , 19.94]. For this reason, the current P/E can be considered Overvalued
P/E Ratio is calculated on the EWL Etf, whose benchmark is the Switzerland 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 Switzerland 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: 20.81
20 December 2024 · P/E Ratio: 20.81 ·
1Y Average: 18.05 ·
1 Std Dev range: [16.88 , 19.22] ·
2 Std Dev range: [15.70 , 20.40]
20 December 2024 · P/E Ratio: 20.81 ·
5Y Average: 18.50 ·
1 Std Dev range: [17.05 , 19.94] ·
2 Std Dev range: [15.60 , 21.39]
20 December 2024 · P/E Ratio: 20.81 ·
10Y Average: 17.50 ·
1 Std Dev range: [16.41 , 18.59] ·
2 Std Dev range: [15.32 , 19.68]
20 December 2024 · P/E Ratio: 20.81 ·
20Y Average: 15.45 ·
1 Std Dev range: [13.52 , 17.37] ·
2 Std Dev range: [11.59 , 19.30]
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: 20.81 · 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 ( 20.81 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 18.05 | 1.17 | [15.70 · 16.88 , 19.22 · 20.40] |
|
+2.35 σ |
Expensive
|
| Last 2Y | 19.22 | 2.28 | [14.67 · 16.94 , 21.49 · 23.77] |
|
+0.70 σ |
Fair
|
| Last 3Y | 18.07 | 2.02 | [14.03 · 16.05 , 20.09 · 22.11] |
|
+1.36 σ |
Overvalued
|
| Last 4Y | 18.36 | 1.65 | [15.07 · 16.72 , 20.01 · 21.65] |
|
+1.49 σ |
Overvalued
|
| Last 5Y | 18.50 | 1.45 | [15.60 · 17.05 , 19.94 · 21.39] |
|
+1.60 σ |
Overvalued
|
| Last 6Y | 18.10 | 1.34 | [15.42 · 16.76 , 19.44 · 20.77] |
|
+2.03 σ |
Expensive
|
| Last 7Y | 17.75 | 1.37 | [15.01 · 16.38 , 19.11 · 20.48] |
|
+2.24 σ |
Expensive
|
| Last 8Y | 17.70 | 1.17 | [15.36 · 16.53 , 18.87 · 20.04] |
|
+2.66 σ |
Expensive
|
| Last 9Y | 17.52 | 1.15 | [15.23 · 16.37 , 18.67 · 19.82] |
|
+2.87 σ |
Expensive
|
| Last 10Y | 17.50 | 1.09 | [15.32 · 16.41 , 18.59 · 19.68] |
|
+3.04 σ |
Expensive
|
| Last 11Y | 17.29 | 1.11 | [15.07 · 16.18 , 18.40 · 19.51] |
|
+3.18 σ |
Expensive
|
| Last 12Y | 17.08 | 1.19 | [14.69 · 15.88 , 18.27 · 19.46] |
|
+3.13 σ |
Expensive
|
| Last 13Y | 16.83 | 1.30 | [14.22 · 15.52 , 18.13 · 19.43] |
|
+3.07 σ |
Expensive
|
| Last 14Y | 16.48 | 1.64 | [13.21 · 14.85 , 18.12 · 19.76] |
|
+2.64 σ |
Expensive
|
| Last 15Y | 16.20 | 1.90 | [12.39 · 14.29 , 18.10 · 20.00] |
|
+2.43 σ |
Expensive
|
| Last 16Y | 15.89 | 2.06 | [11.77 · 13.83 , 17.94 · 20.00] |
|
+2.40 σ |
Expensive
|
| Last 17Y | 15.65 | 2.14 | [11.36 · 13.50 , 17.79 · 19.93] |
|
+2.41 σ |
Expensive
|
| Last 18Y | 15.53 | 2.07 | [11.40 · 13.46 , 17.60 · 19.67] |
|
+2.55 σ |
Expensive
|
| Last 19Y | 15.48 | 1.99 | [11.49 · 13.48 , 17.47 · 19.46] |
|
+2.68 σ |
Expensive
|
| Last 20Y | 15.45 | 1.93 | [11.59 · 13.52 , 17.37 · 19.30] |
|
+2.79 σ |
Expensive
|
P/E Comparison
How is the Switzerland 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 | |||
|
|
Switzerland | 20.81 |
|
+2.35 σ | +1.60 σ | +3.04 σ | +2.79 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 | ||
Switzerland Stock Market Trend
Trend is evaluated considering the price of the EWL Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -6.25% | 20 Dec | |
| Short Term | Price vs SMA50 | -5.66% | 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.