20.96
Last update: 21 February 2025
The estimated P/E Ratio for Australia Stock Market is 20.96, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [14.61 , 18.72]. For this reason, the current P/E can be considered Expensive
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.
21 February 2025 · P/E Ratio: 20.96
21 February 2025 · P/E Ratio: 20.96 ·
1Y Average: 20.07 ·
1 Std Dev range: [19.45 , 20.68] ·
2 Std Dev range: [18.84 , 21.30]
21 February 2025 · P/E Ratio: 20.96 ·
5Y Average: 16.66 ·
1 Std Dev range: [14.61 , 18.72] ·
2 Std Dev range: [12.56 , 20.77]
21 February 2025 · P/E Ratio: 20.96 ·
10Y Average: 15.94 ·
1 Std Dev range: [14.67 , 17.21] ·
2 Std Dev range: [13.40 , 18.48]
21 February 2025 · P/E Ratio: 20.96 ·
20Y Average: 14.56 ·
1 Std Dev range: [13.22 , 15.91] ·
2 Std Dev range: [11.88 , 17.25]
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".
21 February 2025 · P/E Ratio: 20.96 · 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 ( 20.96 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 20.07 | 0.61 | [18.84 · 19.45 , 20.68 · 21.30] |
|
+1.45 σ |
Overvalued
|
| Last 2Y | 16.96 | 2.68 | [11.60 · 14.28 , 19.64 · 22.32] |
|
+1.49 σ |
Overvalued
|
| Last 3Y | 15.64 | 2.32 | [11.00 · 13.32 , 17.95 · 20.27] |
|
+2.30 σ |
Expensive
|
| Last 4Y | 16.02 | 1.94 | [12.14 · 14.08 , 17.97 · 19.91] |
|
+2.54 σ |
Expensive
|
| Last 5Y | 16.66 | 2.05 | [12.56 · 14.61 , 18.72 · 20.77] |
|
+2.09 σ |
Expensive
|
| Last 6Y | 16.47 | 1.79 | [12.90 · 14.69 , 18.26 · 20.04] |
|
+2.51 σ |
Expensive
|
| Last 7Y | 16.16 | 1.71 | [12.74 · 14.45 , 17.87 · 19.57] |
|
+2.81 σ |
Expensive
|
| Last 8Y | 16.03 | 1.48 | [13.07 · 14.55 , 17.51 · 18.99] |
|
+3.33 σ |
Expensive
|
| Last 9Y | 15.97 | 1.33 | [13.30 · 14.63 , 17.30 · 18.63] |
|
+3.74 σ |
Expensive
|
| Last 10Y | 15.94 | 1.27 | [13.40 · 14.67 , 17.21 · 18.48] |
|
+3.96 σ |
Expensive
|
| Last 11Y | 15.70 | 1.22 | [13.25 · 14.47 , 16.92 · 18.15] |
|
+4.30 σ |
Expensive
|
| Last 12Y | 15.51 | 1.21 | [13.08 · 14.30 , 16.72 · 17.94] |
|
+4.48 σ |
Expensive
|
| Last 13Y | 15.28 | 1.22 | [12.83 · 14.06 , 16.50 · 17.72] |
|
+4.65 σ |
Expensive
|
| Last 14Y | 15.03 | 1.36 | [12.31 · 13.67 , 16.39 · 17.75] |
|
+4.36 σ |
Expensive
|
| Last 15Y | 14.85 | 1.47 | [11.92 · 13.38 , 16.32 · 17.79] |
|
+4.16 σ |
Expensive
|
| Last 16Y | 14.80 | 1.41 | [11.98 · 13.39 , 16.21 · 17.62] |
|
+4.37 σ |
Expensive
|
| Last 17Y | 14.58 | 1.54 | [11.50 · 13.04 , 16.11 · 17.65] |
|
+4.15 σ |
Expensive
|
| Last 18Y | 14.60 | 1.46 | [11.67 · 13.13 , 16.06 · 17.52] |
|
+4.35 σ |
Expensive
|
| Last 19Y | 14.56 | 1.41 | [11.75 · 13.15 , 15.97 · 17.38] |
|
+4.54 σ |
Expensive
|
| Last 20Y | 14.56 | 1.34 | [11.88 · 13.22 , 15.91 · 17.25] |
|
+4.76 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 | 20.96 |
|
+1.45 σ | +2.09 σ | +3.96 σ | +4.76 σ | |
| All World | 21.12 |
|
+1.04 σ | +2.13 σ | +3.20 σ | +4.10 σ | ||
| Developed ex-US | 17.36 |
|
+2.18 σ | +1.78 σ | +3.01 σ | +3.38 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 | -2.56% | 21 Feb | |
| Short Term | Price vs SMA50 | -0.46% | 21 Feb |
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.