Austria Stock Market: current P/E Ratio

7.87
Last update: 17 May 2024

The estimated P/E Ratio for Austria Stock Market is 7.87, calculated on 17 May 2024.

Considering the last 5 years, an average P/E interval is [6.52 , 10.29]. For this reason, the current P/E can be considered Fair

P/E Ratio is calculated on the EWO Etf, whose benchmark is the Austria 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 Austria 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 May 2024 · P/E Ratio: 7.87
17 May 2024 · P/E Ratio: 7.87 · 1Y Average: 6.38 · 1 Std Dev range: [6.11 , 6.65] · 2 Std Dev range: [5.84 , 6.92]
17 May 2024 · P/E Ratio: 7.87 · 5Y Average: 8.40 · 1 Std Dev range: [6.52 , 10.29] · 2 Std Dev range: [4.63 , 12.18]
17 May 2024 · P/E Ratio: 7.87 · 10Y Average: 9.91 · 1 Std Dev range: [8.12 , 11.70] · 2 Std Dev range: [6.33 , 13.49]
17 May 2024 · P/E Ratio: 7.87 · 20Y Average: 10.21 · 1 Std Dev range: [8.53 , 11.89] · 2 Std Dev range: [6.85 , 13.57]
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".
17 May 2024 · P/E Ratio: 7.87 · 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
( 7.87 )
Deviation
vs μ
Valuation
Last 1Y 6.38 0.27 [5.84 · 6.11 , 6.65 · 6.92]
+5.51 σ
Expensive
Last 2Y 6.31 0.33 [5.64 · 5.97 , 6.64 · 6.97]
+4.71 σ
Expensive
Last 3Y 6.89 1.08 [4.73 · 5.81 , 7.97 · 9.04]
+0.91 σ
Fair
Last 4Y 8.09 2.07 [3.95 · 6.02 , 10.16 · 12.23]
-0.11 σ
Fair
Last 5Y 8.40 1.89 [4.63 · 6.52 , 10.29 · 12.18]
-0.28 σ
Fair
Last 6Y 8.54 1.66 [5.21 · 6.87 , 10.20 · 11.86]
-0.40 σ
Fair
Last 7Y 9.13 1.96 [5.21 · 7.17 , 11.09 · 13.05]
-0.65 σ
Fair
Last 8Y 9.34 1.87 [5.61 · 7.48 , 11.21 · 13.08]
-0.79 σ
Fair
Last 9Y 9.63 1.86 [5.92 · 7.78 , 11.49 · 13.34]
-0.95 σ
Fair
Last 10Y 9.91 1.79 [6.33 · 8.12 , 11.70 · 13.49]
-1.14 σ
Undervalued
Last 11Y 9.97 1.67 [6.63 · 8.30 , 11.65 · 13.32]
-1.26 σ
Undervalued
Last 12Y 9.91 1.60 [6.71 · 8.31 , 11.51 · 13.12]
-1.28 σ
Undervalued
Last 13Y 9.69 1.65 [6.39 · 8.04 , 11.34 · 12.98]
-1.10 σ
Undervalued
Last 14Y 9.64 1.56 [6.52 · 8.08 , 11.20 · 12.76]
-1.14 σ
Undervalued
Last 15Y 9.80 1.51 [6.78 · 8.29 , 11.32 · 12.83]
-1.28 σ
Undervalued
Last 16Y 9.61 1.59 [6.43 · 8.02 , 11.20 · 12.79]
-1.10 σ
Undervalued
Last 17Y 9.68 1.56 [6.57 · 8.12 , 11.24 · 12.80]
-1.16 σ
Undervalued
Last 18Y 9.84 1.60 [6.65 · 8.24 , 11.44 · 13.04]
-1.23 σ
Undervalued
Last 19Y 10.00 1.63 [6.74 · 8.37 , 11.63 · 13.26]
-1.31 σ
Undervalued
Last 20Y 10.21 1.68 [6.85 · 8.53 , 11.89 · 13.57]
-1.40 σ
Undervalued

P/E Comparison

How is the Austria Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Austria 7.87
+5.51 σ -0.28 σ -1.14 σ -1.40 σ
All World 21.20
+5.06 σ +2.85 σ +4.34 σ +4.88 σ
Developed ex-US 16.25
+5.25 σ +1.42 σ +2.44 σ +2.45 σ

Austria Stock Market Trend

Trend is evaluated considering the price of the EWO Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +13.56% 17 May
Short Term Price vs SMA50 +7.97% 17 May
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.