Belgium Stock Market: current P/E Ratio

16.17
Last update: 21 February 2025

The estimated P/E Ratio for Belgium Stock Market is 16.17, calculated on 21 February 2025.

Considering the last 5 years, an average P/E interval is [13.12 , 18.97]. For this reason, the current P/E can be considered Fair

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.

21 February 2025 · P/E Ratio: 16.17
21 February 2025 · P/E Ratio: 16.17 · 1Y Average: 15.16 · 1 Std Dev range: [13.44 , 16.88] · 2 Std Dev range: [11.72 , 18.60]
21 February 2025 · P/E Ratio: 16.17 · 5Y Average: 16.05 · 1 Std Dev range: [13.12 , 18.97] · 2 Std Dev range: [10.20 , 21.89]
21 February 2025 · P/E Ratio: 16.17 · 10Y Average: 16.89 · 1 Std Dev range: [14.94 , 18.84] · 2 Std Dev range: [13.00 , 20.79]
21 February 2025 · P/E Ratio: 16.17 · 20Y Average: 14.50 · 1 Std Dev range: [11.95 , 17.05] · 2 Std Dev range: [9.40 , 19.59]
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".
21 February 2025 · P/E Ratio: 16.17 · 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
( 16.17 )		 Deviation
vs μ		 Valuation
Last 1Y 15.16 1.72 [11.72 · 13.44 , 16.88 · 18.60]
+0.59 σ
Fair
Last 2Y 12.88 2.07 [8.74 · 10.81 , 14.96 · 17.03]
+1.59 σ
Overvalued
Last 3Y 13.77 2.40 [8.97 · 11.37 , 16.18 · 18.58]
+1.00 σ
Fair
Last 4Y 15.31 2.97 [9.36 · 12.34 , 18.28 · 21.26]
+0.29 σ
Fair
Last 5Y 16.05 2.92 [10.20 · 13.12 , 18.97 · 21.89]
+0.04 σ
Fair
Last 6Y 15.92 2.46 [10.99 · 13.46 , 18.38 · 20.85]
+0.10 σ
Fair
Last 7Y 15.90 2.22 [11.45 · 13.68 , 18.12 · 20.34]
+0.12 σ
Fair
Last 8Y 16.28 2.16 [11.97 · 14.12 , 18.44 · 20.59]
-0.05 σ
Fair
Last 9Y 16.62 2.12 [12.39 · 14.50 , 18.74 · 20.85]
-0.21 σ
Fair
Last 10Y 16.89 1.95 [13.00 · 14.94 , 18.84 · 20.79]
-0.37 σ
Fair
Last 11Y 16.83 1.77 [13.30 · 15.07 , 18.60 · 20.37]
-0.37 σ
Fair
Last 12Y 16.66 1.72 [13.23 · 14.95 , 18.38 · 20.09]
-0.28 σ
Fair
Last 13Y 16.31 1.90 [12.51 · 14.41 , 18.20 · 20.10]
-0.07 σ
Fair
Last 14Y 15.93 2.15 [11.63 · 13.78 , 18.09 · 20.24]
+0.11 σ
Fair
Last 15Y 15.72 2.22 [11.27 · 13.50 , 17.94 · 20.16]
+0.20 σ
Fair
Last 16Y 15.43 2.29 [10.85 · 13.14 , 17.73 · 20.02]
+0.32 σ
Fair
Last 17Y 15.08 2.52 [10.05 · 12.56 , 17.60 · 20.12]
+0.43 σ
Fair
Last 18Y 14.79 2.59 [9.61 · 12.20 , 17.39 · 19.98]
+0.53 σ
Fair
Last 19Y 14.60 2.59 [9.43 · 12.01 , 17.19 · 19.78]
+0.61 σ
Fair
Last 20Y 14.50 2.55 [9.40 · 11.95 , 17.05 · 19.60]
+0.66 σ
Fair

P/E Comparison

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

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Belgium 16.17
+0.59 σ +0.04 σ -0.37 σ +0.66 σ
All World 21.23
+1.22 σ +2.21 σ +3.28 σ +4.17 σ
Developed ex-US 17.36
+2.18 σ +1.78 σ +3.01 σ +3.38 σ

Belgium Stock Market Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -1.02% 21 Feb
Short Term Price vs SMA50 +3.09% 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.