19.02
Last update: 26 July 2024
The estimated P/E Ratio for Switzerland Stock Market is 19.02, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [16.88 , 19.49]. 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.
26 July 2024 · P/E Ratio: 19.02
26 July 2024 · P/E Ratio: 19.02 ·
1Y Average: 18.08 ·
1 Std Dev range: [16.28 , 19.89] ·
2 Std Dev range: [14.47 , 21.69]
26 July 2024 · P/E Ratio: 19.02 ·
5Y Average: 18.19 ·
1 Std Dev range: [16.88 , 19.49] ·
2 Std Dev range: [15.58 , 20.80]
26 July 2024 · P/E Ratio: 19.02 ·
10Y Average: 17.31 ·
1 Std Dev range: [16.27 , 18.36] ·
2 Std Dev range: [15.22 , 19.41]
26 July 2024 · P/E Ratio: 19.02 ·
20Y Average: 15.33 ·
1 Std Dev range: [13.48 , 17.18] ·
2 Std Dev range: [11.63 , 19.03]
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: 19.02 · 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 ( 19.02 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 18.08 | 1.81 | [14.47 · 16.28 , 19.89 · 21.69] |
|
+0.52 σ |
Fair
|
| Last 2Y | 17.93 | 2.39 | [13.15 · 15.54 , 20.33 · 22.72] |
|
+0.45 σ |
Fair
|
| Last 3Y | 17.88 | 1.75 | [14.37 · 16.13 , 19.63 · 21.39] |
|
+0.65 σ |
Fair
|
| Last 4Y | 18.19 | 1.46 | [15.27 · 16.73 , 19.65 · 21.11] |
|
+0.57 σ |
Fair
|
| Last 5Y | 18.19 | 1.31 | [15.58 · 16.88 , 19.49 · 20.80] |
|
+0.64 σ |
Fair
|
| Last 6Y | 17.73 | 1.26 | [15.20 · 16.46 , 18.99 · 20.25] |
|
+1.02 σ |
Overvalued
|
| Last 7Y | 17.58 | 1.20 | [15.19 · 16.39 , 18.78 · 19.97] |
|
+1.20 σ |
Overvalued
|
| Last 8Y | 17.52 | 1.08 | [15.36 · 16.44 , 18.60 · 19.68] |
|
+1.39 σ |
Overvalued
|
| Last 9Y | 17.36 | 1.07 | [15.23 · 16.29 , 18.42 · 19.49] |
|
+1.56 σ |
Overvalued
|
| Last 10Y | 17.31 | 1.05 | [15.22 · 16.27 , 18.36 · 19.41] |
|
+1.63 σ |
Overvalued
|
| Last 11Y | 17.11 | 1.07 | [14.97 · 16.04 , 18.18 · 19.25] |
|
+1.79 σ |
Overvalued
|
| Last 12Y | 16.88 | 1.18 | [14.52 · 15.70 , 18.06 · 19.24] |
|
+1.81 σ |
Overvalued
|
| Last 13Y | 16.59 | 1.38 | [13.84 · 15.21 , 17.96 · 19.34] |
|
+1.77 σ |
Overvalued
|
| Last 14Y | 16.22 | 1.75 | [12.73 · 14.48 , 17.97 · 19.71] |
|
+1.60 σ |
Overvalued
|
| Last 15Y | 15.99 | 1.90 | [12.19 · 14.09 , 17.88 · 19.78] |
|
+1.60 σ |
Overvalued
|
| Last 16Y | 15.65 | 2.08 | [11.49 · 13.57 , 17.73 · 19.82] |
|
+1.62 σ |
Overvalued
|
| Last 17Y | 15.47 | 2.08 | [11.31 · 13.39 , 17.56 · 19.64] |
|
+1.70 σ |
Overvalued
|
| Last 18Y | 15.41 | 1.99 | [11.43 · 13.42 , 17.39 · 19.38] |
|
+1.82 σ |
Overvalued
|
| Last 19Y | 15.36 | 1.91 | [11.53 · 13.44 , 17.27 · 19.19] |
|
+1.91 σ |
Overvalued
|
| Last 20Y | 15.33 | 1.85 | [11.63 · 13.48 , 17.18 · 19.03] |
|
+1.99 σ |
Overvalued
|
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 | 19.02 |
|
+0.52 σ | +0.64 σ | +1.63 σ | +1.99 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 | ||
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 | +6.82% | 26 Jul | |
| Short Term | Price vs SMA50 | +2.10% | 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.