Switzerland Stock Market: current P/E Ratio

17.84
Last update: 24 June 2024

The estimated P/E Ratio for Switzerland Stock Market is 17.84, calculated on 24 June 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.

24 June 2024 · P/E Ratio: 17.84
24 June 2024 · P/E Ratio: 17.84 · 1Y Average: 18.63 · 1 Std Dev range: [16.38 , 20.89] · 2 Std Dev range: [14.12 , 23.15]
24 June 2024 · P/E Ratio: 17.84 · 5Y Average: 18.18 · 1 Std Dev range: [16.88 , 19.49] · 2 Std Dev range: [15.57 , 20.80]
24 June 2024 · P/E Ratio: 17.84 · 10Y Average: 17.30 · 1 Std Dev range: [16.25 , 18.35] · 2 Std Dev range: [15.20 , 19.40]
24 June 2024 · P/E Ratio: 17.84 · 20Y Average: 15.32 · 1 Std Dev range: [13.47 , 17.16] · 2 Std Dev range: [11.63 , 19.00]
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 June 2024 · P/E Ratio: 17.84 · 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
( 17.84 )
Deviation
vs μ
Valuation
Last 1Y 18.63 2.26 [14.12 · 16.38 , 20.89 · 23.15]
-0.35 σ
Fair
Last 2Y 17.86 2.42 [13.02 · 15.44 , 20.29 · 22.71]
-0.01 σ
Fair
Last 3Y 17.94 1.77 [14.40 · 16.17 , 19.71 · 21.48]
-0.06 σ
Fair
Last 4Y 18.24 1.47 [15.30 · 16.77 , 19.71 · 21.17]
-0.27 σ
Fair
Last 5Y 18.18 1.31 [15.57 · 16.88 , 19.49 · 20.80]
-0.26 σ
Fair
Last 6Y 17.69 1.29 [15.12 · 16.41 , 18.98 · 20.27]
+0.11 σ
Fair
Last 7Y 17.59 1.20 [15.20 · 16.39 , 18.78 · 19.98]
+0.21 σ
Fair
Last 8Y 17.51 1.08 [15.35 · 16.43 , 18.59 · 19.68]
+0.30 σ
Fair
Last 9Y 17.35 1.07 [15.21 · 16.28 , 18.42 · 19.49]
+0.46 σ
Fair
Last 10Y 17.30 1.05 [15.20 · 16.25 , 18.35 · 19.40]
+0.51 σ
Fair
Last 11Y 17.09 1.08 [14.92 · 16.01 , 18.17 · 19.25]
+0.70 σ
Fair
Last 12Y 16.86 1.20 [14.47 · 15.66 , 18.05 · 19.25]
+0.82 σ
Fair
Last 13Y 16.55 1.42 [13.72 · 15.13 , 17.97 · 19.38]
+0.91 σ
Fair
Last 14Y 16.18 1.78 [12.62 · 14.40 , 17.96 · 19.74]
+0.93 σ
Fair
Last 15Y 15.95 1.92 [12.11 · 14.03 , 17.87 · 19.79]
+0.99 σ
Fair
Last 16Y 15.62 2.09 [11.44 · 13.53 , 17.71 · 19.80]
+1.06 σ
Overvalued
Last 17Y 15.45 2.08 [11.29 · 13.37 , 17.53 · 19.61]
+1.15 σ
Overvalued
Last 18Y 15.38 1.99 [11.41 · 13.40 , 17.37 · 19.35]
+1.24 σ
Overvalued
Last 19Y 15.34 1.91 [11.52 · 13.43 , 17.25 · 19.16]
+1.31 σ
Overvalued
Last 20Y 15.32 1.84 [11.63 · 13.47 , 17.16 · 19.00]
+1.37 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 17.84
-0.35 σ -0.26 σ +0.51 σ +1.37 σ
All World 20.22
+2.80 σ +2.11 σ +3.44 σ +4.12 σ
Developed ex-US 15.15
+2.31 σ +0.47 σ +1.03 σ +1.46 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 +5.86% 24 Jun
Short Term Price vs SMA50 +2.74% 24 Jun
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.