United Kingdom Stock Market: current P/E Ratio

16.59
Last update: 03 October 2024

The estimated P/E Ratio for United Kingdom Stock Market is 16.59, calculated on 03 October 2024.

Considering the last 5 years, an average P/E interval is [10.56 , 13.50]. 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.

03 October 2024 · P/E Ratio: 16.59
03 October 2024 · P/E Ratio: 16.59 · 1Y Average: 12.41 · 1 Std Dev range: [10.40 , 14.41] · 2 Std Dev range: [8.40 , 16.41]
03 October 2024 · P/E Ratio: 16.59 · 5Y Average: 12.03 · 1 Std Dev range: [10.56 , 13.50] · 2 Std Dev range: [9.09 , 14.97]
03 October 2024 · P/E Ratio: 16.59 · 10Y Average: 13.09 · 1 Std Dev range: [11.71 , 14.48] · 2 Std Dev range: [10.32 , 15.87]
03 October 2024 · P/E Ratio: 16.59 · 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".
03 October 2024 · P/E Ratio: 16.59 · 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
( 16.59 )
Deviation
vs μ
Valuation
Last 1Y 12.41 2.00 [8.40 · 10.40 , 14.41 · 16.41]
+2.09 σ
Expensive
Last 2Y 11.22 1.35 [8.52 · 9.87 , 12.57 · 13.92]
+3.99 σ
Expensive
Last 3Y 10.88 0.98 [8.92 · 9.90 , 11.86 · 12.84]
+5.83 σ
Expensive
Last 4Y 11.56 1.33 [8.89 · 10.22 , 12.89 · 14.22]
+3.78 σ
Expensive
Last 5Y 12.03 1.47 [9.09 · 10.56 , 13.50 · 14.97]
+3.10 σ
Expensive
Last 6Y 11.99 1.24 [9.51 · 10.75 , 13.23 · 14.47]
+3.71 σ
Expensive
Last 7Y 12.25 1.24 [9.77 · 11.01 , 13.49 · 14.73]
+3.50 σ
Expensive
Last 8Y 12.55 1.32 [9.91 · 11.23 , 13.87 · 15.19]
+3.06 σ
Expensive
Last 9Y 12.85 1.40 [10.05 · 11.45 , 14.25 · 15.65]
+2.67 σ
Expensive
Last 10Y 13.09 1.39 [10.32 · 11.71 , 14.48 · 15.87]
+2.52 σ
Expensive
Last 11Y 13.06 1.27 [10.52 · 11.79 , 14.34 · 15.61]
+2.78 σ
Expensive
Last 12Y 12.88 1.31 [10.27 · 11.58 , 14.19 · 15.49]
+2.84 σ
Expensive
Last 13Y 12.60 1.44 [9.72 · 11.16 , 14.04 · 15.49]
+2.77 σ
Expensive
Last 14Y 12.36 1.55 [9.26 · 10.81 , 13.92 · 15.47]
+2.73 σ
Expensive
Last 15Y 12.26 1.57 [9.13 · 10.69 , 13.83 · 15.39]
+2.77 σ
Expensive
Last 16Y 12.12 1.57 [8.97 · 10.54 , 13.69 · 15.26]
+2.85 σ
Expensive
Last 17Y 12.01 1.57 [8.88 · 10.44 , 13.57 · 15.14]
+2.93 σ
Expensive
Last 18Y 12.02 1.49 [9.03 · 10.52 , 13.51 · 15.00]
+3.07 σ
Expensive
Last 19Y 12.03 1.43 [9.17 · 10.60 , 13.46 · 14.90]
+3.19 σ
Expensive
Last 20Y 12.15 1.44 [9.27 · 10.71 , 13.59 · 15.03]
+3.09 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 16.59
+2.09 σ +3.10 σ +2.52 σ +3.09 σ
All World 21.10
+1.66 σ +2.46 σ +3.64 σ +4.40 σ
Developed ex-US 17.14
+2.11 σ +1.76 σ +3.00 σ +3.24 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 +5.99% 03 Oct
Short Term Price vs SMA50 +0.62% 03 Oct
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.