United Kingdom Stock Market: current P/E Ratio

16.01
Last update: 26 July 2024

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.

26 July 2024 · P/E Ratio: 16.01
26 July 2024 · P/E Ratio: 16.01 · 1Y Average: 11.03 · 1 Std Dev range: [9.93 , 12.13] · 2 Std Dev range: [8.84 , 13.23]
26 July 2024 · P/E Ratio: 16.01 · 5Y Average: 11.86 · 1 Std Dev range: [10.54 , 13.18] · 2 Std Dev range: [9.22 , 14.51]
26 July 2024 · P/E Ratio: 16.01 · 10Y Average: 13.03 · 1 Std Dev range: [11.70 , 14.35] · 2 Std Dev range: [10.37 , 15.68]
26 July 2024 · P/E Ratio: 16.01 · 20Y Average: 12.15 · 1 Std Dev range: [10.71 , 13.59] · 2 Std Dev range: [9.27 , 15.03]
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".
26 July 2024 · P/E Ratio: 16.01 · 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
( 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?

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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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +7.26% 26 Jul
Short Term Price vs SMA50 +0.92% 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.