Switzerland Stock Market: current P/E Ratio

17.83
Last update: 24 May 2024

The estimated P/E Ratio for Switzerland Stock Market is 17.83, calculated on 24 May 2024.

Considering the last 5 years, an average P/E interval is [16.83 , 19.48]. For this reason, the current P/E can be considered Fair

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.

24 May 2024 · P/E Ratio: 17.83
24 May 2024 · P/E Ratio: 17.83 · 1Y Average: 18.98 · 1 Std Dev range: [16.59 , 21.37] · 2 Std Dev range: [14.20 , 23.76]
24 May 2024 · P/E Ratio: 17.83 · 5Y Average: 18.16 · 1 Std Dev range: [16.83 , 19.48] · 2 Std Dev range: [15.51 , 20.80]
24 May 2024 · P/E Ratio: 17.83 · 10Y Average: 17.28 · 1 Std Dev range: [16.23 , 18.33] · 2 Std Dev range: [15.17 , 19.39]
24 May 2024 · P/E Ratio: 17.83 · 20Y Average: 15.30 · 1 Std Dev range: [13.47 , 17.13] · 2 Std Dev range: [11.64 , 18.97]
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".
24 May 2024 · P/E Ratio: 17.83 · 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
( 17.83 )
Deviation
vs μ
Valuation
Last 1Y 18.98 2.39 [14.20 · 16.59 , 21.37 · 23.76]
-0.48 σ
Fair
Last 2Y 17.74 2.46 [12.81 · 15.27 , 20.20 · 22.67]
+0.04 σ
Fair
Last 3Y 17.98 1.78 [14.41 · 16.19 , 19.76 · 21.55]
-0.08 σ
Fair
Last 4Y 18.26 1.47 [15.31 · 16.79 , 19.74 · 21.21]
-0.29 σ
Fair
Last 5Y 18.16 1.32 [15.51 · 16.83 , 19.48 · 20.80]
-0.25 σ
Fair
Last 6Y 17.65 1.32 [15.02 · 16.33 , 18.97 · 20.28]
+0.14 σ
Fair
Last 7Y 17.59 1.20 [15.19 · 16.39 , 18.79 · 19.99]
+0.20 σ
Fair
Last 8Y 17.49 1.09 [15.31 · 16.40 , 18.58 · 19.67]
+0.32 σ
Fair
Last 9Y 17.35 1.07 [15.21 · 16.28 , 18.41 · 19.48]
+0.46 σ
Fair
Last 10Y 17.28 1.05 [15.17 · 16.23 , 18.33 · 19.39]
+0.52 σ
Fair
Last 11Y 17.06 1.09 [14.87 · 15.96 , 18.15 · 19.25]
+0.71 σ
Fair
Last 12Y 16.83 1.21 [14.41 · 15.62 , 18.03 · 19.24]
+0.83 σ
Fair
Last 13Y 16.51 1.45 [13.60 · 15.05 , 17.96 · 19.41]
+0.91 σ
Fair
Last 14Y 16.13 1.81 [12.51 · 14.32 , 17.94 · 19.75]
+0.94 σ
Fair
Last 15Y 15.90 1.94 [12.02 · 13.96 , 17.84 · 19.78]
+0.99 σ
Fair
Last 16Y 15.59 2.09 [11.42 · 13.50 , 17.68 · 19.76]
+1.07 σ
Overvalued
Last 17Y 15.43 2.07 [11.29 · 13.36 , 17.50 · 19.57]
+1.16 σ
Overvalued
Last 18Y 15.35 1.98 [11.39 · 13.37 , 17.34 · 19.32]
+1.25 σ
Overvalued
Last 19Y 15.32 1.90 [11.51 · 13.41 , 17.22 · 19.12]
+1.32 σ
Overvalued
Last 20Y 15.30 1.83 [11.64 · 13.47 , 17.13 · 18.97]
+1.38 σ
Overvalued

P/E Comparison

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

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Switzerland 17.83
-0.48 σ -0.25 σ +0.52 σ +1.38 σ
All World 19.49
+2.86 σ +1.68 σ +2.95 σ +3.66 σ
Developed ex-US 16.13
+5.00 σ +1.32 σ +2.30 σ +2.35 σ

Switzerland Stock Market Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +5.06% 24 May
Short Term Price vs SMA50 +2.87% 24 May
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.