15.83
Last update: 20 November 2024
The estimated P/E Ratio for Belgium Stock Market is 15.83, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [13.19 , 19.03]. 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.
20 November 2024 · P/E Ratio: 15.83
20 November 2024 · P/E Ratio: 15.83 ·
1Y Average: 14.24 ·
1 Std Dev range: [12.17 , 16.30] ·
2 Std Dev range: [10.11 , 18.37]
20 November 2024 · P/E Ratio: 15.83 ·
5Y Average: 16.11 ·
1 Std Dev range: [13.19 , 19.03] ·
2 Std Dev range: [10.27 , 21.94]
20 November 2024 · P/E Ratio: 15.83 ·
10Y Average: 16.93 ·
1 Std Dev range: [15.01 , 18.86] ·
2 Std Dev range: [13.08 , 20.79]
20 November 2024 · P/E Ratio: 15.83 ·
20Y Average: 14.45 ·
1 Std Dev range: [11.89 , 17.01] ·
2 Std Dev range: [9.33 , 19.57]
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".
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".
20 November 2024 · P/E Ratio: 15.83 · 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 ( 15.83 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 14.24 | 2.07 | [10.11 · 12.17 , 16.30 · 18.37] |
|
+0.77 σ |
Fair
|
| Last 2Y | 12.35 | 1.85 | [8.65 · 10.50 , 14.20 · 16.05] |
|
+1.88 σ |
Overvalued
|
| Last 3Y | 14.05 | 2.70 | [8.65 · 11.35 , 16.75 · 19.45] |
|
+0.66 σ |
Fair
|
| Last 4Y | 15.70 | 3.26 | [9.18 · 12.44 , 18.95 · 22.21] |
|
+0.04 σ |
Fair
|
| Last 5Y | 16.11 | 2.92 | [10.27 · 13.19 , 19.03 · 21.94] |
|
-0.10 σ |
Fair
|
| Last 6Y | 15.84 | 2.51 | [10.83 · 13.33 , 18.34 · 20.85] |
|
-0.00 σ |
Fair
|
| Last 7Y | 16.03 | 2.27 | [11.49 · 13.76 , 18.30 · 20.57] |
|
-0.09 σ |
Fair
|
| Last 8Y | 16.36 | 2.16 | [12.05 · 14.20 , 18.51 · 20.67] |
|
-0.24 σ |
Fair
|
| Last 9Y | 16.73 | 2.13 | [12.46 · 14.59 , 18.86 · 20.99] |
|
-0.42 σ |
Fair
|
| Last 10Y | 16.93 | 1.93 | [13.08 · 15.01 , 18.86 · 20.79] |
|
-0.57 σ |
Fair
|
| Last 11Y | 16.83 | 1.77 | [13.30 · 15.07 , 18.60 · 20.37] |
|
-0.57 σ |
Fair
|
| Last 12Y | 16.62 | 1.77 | [13.07 · 14.85 , 18.39 · 20.16] |
|
-0.44 σ |
Fair
|
| Last 13Y | 16.23 | 2.00 | [12.22 · 14.22 , 18.23 · 20.23] |
|
-0.20 σ |
Fair
|
| Last 14Y | 15.87 | 2.21 | [11.44 · 13.65 , 18.08 · 20.29] |
|
-0.02 σ |
Fair
|
| Last 15Y | 15.67 | 2.26 | [11.16 · 13.41 , 17.93 · 20.18] |
|
+0.07 σ |
Fair
|
| Last 16Y | 15.35 | 2.37 | [10.60 · 12.97 , 17.72 · 20.09] |
|
+0.20 σ |
Fair
|
| Last 17Y | 14.98 | 2.61 | [9.76 · 12.37 , 17.59 · 20.20] |
|
+0.33 σ |
Fair
|
| Last 18Y | 14.74 | 2.61 | [9.51 · 12.13 , 17.35 · 19.96] |
|
+0.42 σ |
Fair
|
| Last 19Y | 14.55 | 2.60 | [9.34 · 11.95 , 17.15 · 19.76] |
|
+0.49 σ |
Fair
|
| Last 20Y | 14.45 | 2.56 | [9.33 · 11.89 , 17.01 · 19.57] |
|
+0.54 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 | 15.83 |
|
+0.77 σ | -0.10 σ | -0.57 σ | +0.54 σ | |
| All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 σ | ||
| Developed ex-US | 15.95 |
|
+0.98 σ | +0.84 σ | +1.69 σ | +2.16 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 | -2.50% | 20 Nov | |
| Short Term | Price vs SMA50 | -6.62% | 20 Nov |
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.