Belgium Stock Market: current P/E Ratio

14.78
Last update: 17 January 2025

The estimated P/E Ratio for Belgium Stock Market is 14.78, calculated on 17 January 2025.

Considering the last 5 years, an average P/E interval is [13.16 , 19.00]. 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.

17 January 2025 · P/E Ratio: 14.78
17 January 2025 · P/E Ratio: 14.78 · 1Y Average: 14.88 · 1 Std Dev range: [12.99 , 16.77] · 2 Std Dev range: [11.10 , 18.66]
17 January 2025 · P/E Ratio: 14.78 · 5Y Average: 16.08 · 1 Std Dev range: [13.16 , 19.00] · 2 Std Dev range: [10.24 , 21.92]
17 January 2025 · P/E Ratio: 14.78 · 10Y Average: 16.91 · 1 Std Dev range: [14.97 , 18.85] · 2 Std Dev range: [13.03 , 20.79]
17 January 2025 · P/E Ratio: 14.78 · 20Y Average: 14.48 · 1 Std Dev range: [11.93 , 17.04] · 2 Std Dev range: [9.38 , 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".
17 January 2025 · P/E Ratio: 14.78 · 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
( 14.78 )		 Deviation
vs μ		 Valuation
Last 1Y 14.88 1.89 [11.10 · 12.99 , 16.77 · 18.66]
-0.05 σ
Fair
Last 2Y 12.62 2.08 [8.46 · 10.54 , 14.70 · 16.78]
+1.04 σ
Overvalued
Last 3Y 13.87 2.50 [8.86 · 11.36 , 16.37 · 18.88]
+0.37 σ
Fair
Last 4Y 15.43 3.06 [9.31 · 12.37 , 18.49 · 21.55]
-0.21 σ
Fair
Last 5Y 16.08 2.92 [10.24 · 13.16 , 19.00 · 21.92]
-0.44 σ
Fair
Last 6Y 15.90 2.47 [10.95 · 13.43 , 18.37 · 20.85]
-0.45 σ
Fair
Last 7Y 15.95 2.24 [11.47 · 13.71 , 18.19 · 20.43]
-0.52 σ
Fair
Last 8Y 16.31 2.16 [12.00 · 14.15 , 18.46 · 20.62]
-0.71 σ
Fair
Last 9Y 16.64 2.11 [12.42 · 14.53 , 18.75 · 20.86]
-0.88 σ
Fair
Last 10Y 16.91 1.94 [13.03 · 14.97 , 18.85 · 20.79]
-1.10 σ
Undervalued
Last 11Y 16.83 1.77 [13.29 · 15.06 , 18.60 · 20.38]
-1.16 σ
Undervalued
Last 12Y 16.65 1.73 [13.19 · 14.92 , 18.38 · 20.11]
-1.08 σ
Undervalued
Last 13Y 16.28 1.93 [12.42 · 14.35 , 18.21 · 20.14]
-0.78 σ
Fair
Last 14Y 15.91 2.17 [11.57 · 13.74 , 18.09 · 20.26]
-0.52 σ
Fair
Last 15Y 15.70 2.24 [11.23 · 13.46 , 17.94 · 20.18]
-0.41 σ
Fair
Last 16Y 15.41 2.32 [10.77 · 13.09 , 17.73 · 20.05]
-0.27 σ
Fair
Last 17Y 15.05 2.55 [9.95 · 12.50 , 17.60 · 20.15]
-0.10 σ
Fair
Last 18Y 14.78 2.60 [9.58 · 12.18 , 17.38 · 19.98]
+0.00 σ
Fair
Last 19Y 14.59 2.59 [9.40 · 11.99 , 17.18 · 19.77]
+0.08 σ
Fair
Last 20Y 14.48 2.55 [9.38 · 11.93 , 17.04 · 19.59]
+0.12 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 14.78
-0.05 σ -0.44 σ -1.10 σ +0.12 σ
All World 21.60
+1.63 σ +2.57 σ +3.64 σ +4.47 σ
Developed ex-US 16.40
+1.32 σ +1.13 σ +2.10 σ +2.54 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 -6.16% 17 Jan
Short Term Price vs SMA50 -3.39% 17 Jan
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.