The estimated P/E Ratio for United Kingdom Stock Market is 16.01, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [10.54 , 13.18]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the EWU Etf, whose benchmark is the United Kingdom 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 United Kingdom Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
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".
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 ( 16.01 ) |
Deviation vs μ |
Valuation |
Last 1Y | 11.03 | 1.10 | [8.84 · 9.93 , 12.13 · 13.23] |
|
+4.53 σ |
Expensive
|
Last 2Y | 10.56 | 0.93 | [8.70 · 9.63 , 11.49 · 12.42] |
|
+5.87 σ |
Expensive
|
Last 3Y | 10.80 | 0.83 | [9.14 · 9.97 , 11.62 · 12.45] |
|
+6.31 σ |
Expensive
|
Last 4Y | 11.55 | 1.31 | [8.92 · 10.23 , 12.86 · 14.17] |
|
+3.40 σ |
Expensive
|
Last 5Y | 11.86 | 1.32 | [9.22 · 10.54 , 13.18 · 14.51] |
|
+3.14 σ |
Expensive
|
Last 6Y | 11.90 | 1.13 | [9.65 · 10.78 , 13.03 · 14.16] |
|
+3.65 σ |
Expensive
|
Last 7Y | 12.25 | 1.24 | [9.77 · 11.01 , 13.49 · 14.73] |
|
+3.04 σ |
Expensive
|
Last 8Y | 12.55 | 1.32 | [9.91 · 11.23 , 13.87 · 15.19] |
|
+2.62 σ |
Expensive
|
Last 9Y | 12.82 | 1.36 | [10.10 · 11.46 , 14.18 · 15.54] |
|
+2.35 σ |
Expensive
|
Last 10Y | 13.03 | 1.33 | [10.37 · 11.70 , 14.35 · 15.68] |
|
+2.25 σ |
Expensive
|
Last 11Y | 12.97 | 1.23 | [10.50 · 11.74 , 14.20 · 15.43] |
|
+2.47 σ |
Expensive
|
Last 12Y | 12.76 | 1.31 | [10.14 · 11.45 , 14.06 · 15.37] |
|
+2.49 σ |
Expensive
|
Last 13Y | 12.48 | 1.46 | [9.56 · 11.02 , 13.94 · 15.40] |
|
+2.42 σ |
Expensive
|
Last 14Y | 12.25 | 1.56 | [9.13 · 10.69 , 13.81 · 15.37] |
|
+2.41 σ |
Expensive
|
Last 15Y | 12.21 | 1.53 | [9.16 · 10.68 , 13.73 · 15.26] |
|
+2.50 σ |
Expensive
|
Last 16Y | 12.01 | 1.58 | [8.86 · 10.44 , 13.59 · 15.17] |
|
+2.54 σ |
Expensive
|
Last 17Y | 11.96 | 1.53 | [8.90 · 10.43 , 13.48 · 15.01] |
|
+2.66 σ |
Expensive
|
Last 18Y | 11.97 | 1.46 | [9.06 · 10.51 , 13.42 · 14.88] |
|
+2.78 σ |
Expensive
|
Last 19Y | 12.00 | 1.40 | [9.20 · 10.60 , 13.40 · 14.79] |
|
+2.87 σ |
Expensive
|
Last 20Y | 12.15 | 1.44 | [9.27 · 10.71 , 13.59 · 15.03] |
|
+2.68 σ |
Expensive
|
P/E Comparison
How is the United Kingdom Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
United Kingdom | 16.01 |
|
+4.53 σ | +3.14 σ | +2.25 σ | +2.68 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 |
United Kingdom Stock Market Trend
Trend is evaluated considering the price of the EWU Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +7.26% | 26 Jul | |
Short Term | Price vs SMA50 | +0.92% | 26 Jul |