12.82
Last update: 03 May 2024
The estimated P/E Ratio for Belgium Stock Market is 12.82, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [13.06 , 18.79]. For this reason, the current P/E can be considered Undervalued
P/E Ratio is calculated on the EWK Etf, whose benchmark is the Belgium 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 Belgium 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 May 2024 · P/E Ratio: 12.82
03 May 2024 · P/E Ratio: 12.82 ·
1Y Average: 11.52 ·
1 Std Dev range: [10.78 , 12.26] ·
2 Std Dev range: [10.04 , 13.00]
03 May 2024 · P/E Ratio: 12.82 ·
5Y Average: 15.92 ·
1 Std Dev range: [13.06 , 18.79] ·
2 Std Dev range: [10.19 , 21.66]
03 May 2024 · P/E Ratio: 12.82 ·
10Y Average: 16.89 ·
1 Std Dev range: [14.99 , 18.80] ·
2 Std Dev range: [13.08 , 20.71]
03 May 2024 · P/E Ratio: 12.82 ·
20Y Average: 14.28 ·
1 Std Dev range: [11.73 , 16.83] ·
2 Std Dev range: [9.19 , 19.38]
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".
03 May 2024 · P/E Ratio: 12.82 · 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 ( 12.82 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 11.52 | 0.74 | [10.04 · 10.78 , 12.26 · 13.00] |
|
+1.76 σ |
Overvalued
|
| Last 2Y | 12.25 | 1.77 | [8.71 · 10.48 , 14.01 · 15.78] |
|
+0.32 σ |
Fair
|
| Last 3Y | 14.44 | 3.14 | [8.16 · 11.30 , 17.58 · 20.72] |
|
-0.51 σ |
Fair
|
| Last 4Y | 15.86 | 3.32 | [9.22 · 12.54 , 19.18 · 22.50] |
|
-0.92 σ |
Fair
|
| Last 5Y | 15.92 | 2.87 | [10.19 · 13.06 , 18.79 · 21.66] |
|
-1.08 σ |
Undervalued
|
| Last 6Y | 15.71 | 2.45 | [10.80 · 13.26 , 18.17 · 20.62] |
|
-1.18 σ |
Undervalued
|
| Last 7Y | 16.16 | 2.35 | [11.47 · 13.82 , 18.51 · 20.85] |
|
-1.42 σ |
Undervalued
|
| Last 8Y | 16.51 | 2.25 | [12.01 · 14.26 , 18.76 · 21.01] |
|
-1.64 σ |
Undervalued
|
| Last 9Y | 16.76 | 2.13 | [12.51 · 14.63 , 18.88 · 21.01] |
|
-1.85 σ |
Undervalued
|
| Last 10Y | 16.89 | 1.91 | [13.08 · 14.99 , 18.80 · 20.71] |
|
-2.14 σ |
Cheap
|
| Last 11Y | 16.71 | 1.80 | [13.11 · 14.91 , 18.52 · 20.32] |
|
-2.16 σ |
Cheap
|
| Last 12Y | 16.40 | 1.93 | [12.55 · 14.48 , 18.33 · 20.26] |
|
-1.86 σ |
Undervalued
|
| Last 13Y | 15.97 | 2.19 | [11.59 · 13.78 , 18.16 · 20.35] |
|
-1.44 σ |
Undervalued
|
| Last 14Y | 15.66 | 2.30 | [11.07 · 13.36 , 17.95 · 20.25] |
|
-1.24 σ |
Undervalued
|
| Last 15Y | 15.47 | 2.32 | [10.84 · 13.15 , 17.79 · 20.11] |
|
-1.14 σ |
Undervalued
|
| Last 16Y | 15.09 | 2.51 | [10.07 · 12.58 , 17.60 · 20.12] |
|
-0.90 σ |
Fair
|
| Last 17Y | 14.77 | 2.66 | [9.45 · 12.11 , 17.43 · 20.09] |
|
-0.73 σ |
Fair
|
| Last 18Y | 14.54 | 2.64 | [9.26 · 11.90 , 17.18 · 19.82] |
|
-0.65 σ |
Fair
|
| Last 19Y | 14.38 | 2.59 | [9.20 · 11.79 , 16.97 · 19.56] |
|
-0.60 σ |
Fair
|
| Last 20Y | 14.28 | 2.55 | [9.19 · 11.73 , 16.83 · 19.38] |
|
-0.57 σ |
Fair
|
P/E Comparison
How is the Belgium 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 | |||
|
|
Belgium | 12.82 |
|
+1.76 σ | -1.08 σ | -2.14 σ | -0.57 σ | |
| All World | 20.50 |
|
+4.16 σ | +2.37 σ | +3.77 σ | +4.38 σ | ||
| Developed ex-US | 15.04 |
|
+2.64 σ | +0.44 σ | +0.94 σ | +1.36 σ | ||
Belgium Stock Market Trend
Trend is evaluated considering the price of the EWK Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +4.45% | 03 May | |
| Short Term | Price vs SMA50 | +2.45% | 03 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.