The estimated P/E Ratio for All World Stocks is 21.20, calculated on 17 May 2024.
Considering the last 5 years, an average P/E interval is [15.59 , 18.50]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the VT Etf, whose benchmark is the All World Stocks.
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 All World Stocks 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 ( 21.20 ) |
Deviation vs μ |
Valuation |
Last 1Y | 17.29 | 0.77 | [15.74 · 16.51 , 18.06 · 18.83] |
|
+5.06 σ |
Expensive
|
Last 2Y | 16.11 | 1.14 | [13.84 · 14.97 , 17.24 · 18.38] |
|
+4.48 σ |
Expensive
|
Last 3Y | 16.75 | 1.21 | [14.34 · 15.55 , 17.96 · 19.16] |
|
+3.69 σ |
Expensive
|
Last 4Y | 17.42 | 1.36 | [14.70 · 16.06 , 18.78 · 20.15] |
|
+2.77 σ |
Expensive
|
Last 5Y | 17.04 | 1.46 | [14.13 · 15.59 , 18.50 · 19.96] |
|
+2.85 σ |
Expensive
|
Last 6Y | 16.49 | 1.54 | [13.41 · 14.95 , 18.04 · 19.58] |
|
+3.05 σ |
Expensive
|
Last 7Y | 16.35 | 1.39 | [13.56 · 14.96 , 17.75 · 19.14] |
|
+3.47 σ |
Expensive
|
Last 8Y | 16.17 | 1.26 | [13.66 · 14.92 , 17.43 · 18.68] |
|
+4.00 σ |
Expensive
|
Last 9Y | 15.99 | 1.22 | [13.55 · 14.77 , 17.21 · 18.44] |
|
+4.26 σ |
Expensive
|
Last 10Y | 15.87 | 1.23 | [13.42 · 14.65 , 17.10 · 18.33] |
|
+4.34 σ |
Expensive
|
Last 11Y | 15.61 | 1.25 | [13.10 · 14.36 , 16.86 · 18.12] |
|
+4.45 σ |
Expensive
|
Last 12Y | 15.36 | 1.35 | [12.65 · 14.00 , 16.71 · 18.07] |
|
+4.31 σ |
Expensive
|
Last 13Y | 15.03 | 1.52 | [11.99 · 13.51 , 16.56 · 18.08] |
|
+4.05 σ |
Expensive
|
Last 14Y | 14.75 | 1.68 | [11.39 · 13.07 , 16.43 · 18.10] |
|
+3.84 σ |
Expensive
|
Last 15Y | 14.70 | 1.61 | [11.47 · 13.09 , 16.32 · 17.93] |
|
+4.02 σ |
Expensive
|
Last 16Y | 14.44 | 1.69 | [11.05 · 12.75 , 16.14 · 17.83] |
|
+3.99 σ |
Expensive
|
Last 17Y | 14.38 | 1.63 | [11.11 · 12.74 , 16.01 · 17.64] |
|
+4.17 σ |
Expensive
|
Last 18Y | 14.32 | 1.53 | [11.25 · 12.78 , 15.85 · 17.38] |
|
+4.49 σ |
Expensive
|
Last 19Y | 14.30 | 1.45 | [11.40 · 12.85 , 15.76 · 17.21] |
|
+4.75 σ |
Expensive
|
Last 20Y | 14.38 | 1.40 | [11.59 · 12.98 , 15.78 · 17.17] |
|
+4.88 σ |
Expensive
|
All World Stocks Trend
Trend is evaluated considering the price of the VT Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +11.02% | 17 May | |
Short Term | Price vs SMA50 | +3.28% | 17 May |