20.27
Last update: 17 January 2025
The estimated P/E Ratio for Australia Stock Market is 20.27, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [14.61 , 18.61]. For this reason, the current P/E can be considered Overvalued
P/E Ratio is calculated on the EWA Etf, whose benchmark is the Australia 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 Australia Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
17 January 2025 · P/E Ratio: 20.27
17 January 2025 · P/E Ratio: 20.27 ·
1Y Average: 19.66 ·
1 Std Dev range: [18.51 , 20.80] ·
2 Std Dev range: [17.37 , 21.94]
17 January 2025 · P/E Ratio: 20.27 ·
5Y Average: 16.61 ·
1 Std Dev range: [14.61 , 18.61] ·
2 Std Dev range: [12.60 , 20.61]
17 January 2025 · P/E Ratio: 20.27 ·
10Y Average: 15.88 ·
1 Std Dev range: [14.65 , 17.11] ·
2 Std Dev range: [13.42 , 18.35]
17 January 2025 · P/E Ratio: 20.27 ·
20Y Average: 14.55 ·
1 Std Dev range: [13.22 , 15.88] ·
2 Std Dev range: [11.90 , 17.20]
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".
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".
17 January 2025 · P/E Ratio: 20.27 · 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 ( 20.27 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 19.66 | 1.14 | [17.37 · 18.51 , 20.80 · 21.94] |
|
+0.54 σ |
Fair
|
| Last 2Y | 16.63 | 2.59 | [11.44 · 14.04 , 19.23 · 21.82] |
|
+1.40 σ |
Overvalued
|
| Last 3Y | 15.50 | 2.13 | [11.24 · 13.37 , 17.63 · 19.77] |
|
+2.24 σ |
Expensive
|
| Last 4Y | 16.00 | 1.90 | [12.20 · 14.10 , 17.90 · 19.80] |
|
+2.25 σ |
Expensive
|
| Last 5Y | 16.61 | 2.00 | [12.60 · 14.61 , 18.61 · 20.61] |
|
+1.83 σ |
Overvalued
|
| Last 6Y | 16.37 | 1.76 | [12.85 · 14.61 , 18.13 · 19.89] |
|
+2.22 σ |
Expensive
|
| Last 7Y | 16.11 | 1.65 | [12.80 · 14.45 , 17.76 · 19.41] |
|
+2.52 σ |
Expensive
|
| Last 8Y | 15.98 | 1.42 | [13.14 · 14.56 , 17.40 · 18.82] |
|
+3.02 σ |
Expensive
|
| Last 9Y | 15.91 | 1.29 | [13.33 · 14.62 , 17.20 · 18.49] |
|
+3.38 σ |
Expensive
|
| Last 10Y | 15.88 | 1.23 | [13.42 · 14.65 , 17.12 · 18.35] |
|
+3.56 σ |
Expensive
|
| Last 11Y | 15.64 | 1.18 | [13.28 · 14.46 , 16.83 · 18.01] |
|
+3.91 σ |
Expensive
|
| Last 12Y | 15.46 | 1.18 | [13.10 · 14.28 , 16.65 · 17.83] |
|
+4.06 σ |
Expensive
|
| Last 13Y | 15.23 | 1.20 | [12.83 · 14.03 , 16.43 · 17.63] |
|
+4.20 σ |
Expensive
|
| Last 14Y | 14.98 | 1.34 | [12.29 · 13.64 , 16.33 · 17.67] |
|
+3.93 σ |
Expensive
|
| Last 15Y | 14.82 | 1.44 | [11.95 · 13.39 , 16.26 · 17.70] |
|
+3.79 σ |
Expensive
|
| Last 16Y | 14.76 | 1.41 | [11.94 · 13.35 , 16.16 · 17.57] |
|
+3.92 σ |
Expensive
|
| Last 17Y | 14.55 | 1.52 | [11.51 · 13.03 , 16.07 · 17.60] |
|
+3.75 σ |
Expensive
|
| Last 18Y | 14.58 | 1.45 | [11.69 · 13.13 , 16.03 · 17.47] |
|
+3.93 σ |
Expensive
|
| Last 19Y | 14.54 | 1.39 | [11.76 · 13.15 , 15.94 · 17.33] |
|
+4.11 σ |
Expensive
|
| Last 20Y | 14.55 | 1.33 | [11.90 · 13.22 , 15.88 · 17.20] |
|
+4.31 σ |
Expensive
|
P/E Comparison
How is the Australia Stock Market P/E Ratio, compared to other global ratios?
Swipe left to see all data
| Deviation vs μ | ||||||||
|---|---|---|---|---|---|---|---|---|
| Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
|
Australia | 20.27 |
|
+0.54 σ | +1.83 σ | +3.56 σ | +4.31 σ | |
| All World | 21.60 |
|
+1.63 σ | +2.57 σ | +3.64 σ | +4.47 σ | ||
| Developed ex-US | 16.40 |
|
+1.32 σ | +1.13 σ | +2.10 σ | +2.54 σ | ||
Australia Stock Market Trend
Trend is evaluated considering the price of the EWA Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -3.33% | 17 Jan | |
| Short Term | Price vs SMA50 | -3.61% | 17 Jan |
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.