16.71
Last update: 26 July 2024
The estimated P/E Ratio for Belgium Stock Market is 16.71, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [13.07 , 18.80]. 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.
26 July 2024 · P/E Ratio: 16.71
26 July 2024 · P/E Ratio: 16.71 ·
1Y Average: 12.08 ·
1 Std Dev range: [11.44 , 12.71] ·
2 Std Dev range: [10.80 , 13.35]
26 July 2024 · P/E Ratio: 16.71 ·
5Y Average: 15.94 ·
1 Std Dev range: [13.07 , 18.80] ·
2 Std Dev range: [10.21 , 21.66]
26 July 2024 · P/E Ratio: 16.71 ·
10Y Average: 16.87 ·
1 Std Dev range: [14.95 , 18.78] ·
2 Std Dev range: [13.03 , 20.70]
26 July 2024 · P/E Ratio: 16.71 ·
20Y Average: 14.32 ·
1 Std Dev range: [11.78 , 16.86] ·
2 Std Dev range: [9.25 , 19.40]
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".
26 July 2024 · P/E Ratio: 16.71 · 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 ( 16.71 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 12.08 | 0.64 | [10.80 · 11.44 , 12.71 · 13.35] |
|
+7.28 σ |
Expensive
|
| Last 2Y | 12.15 | 1.54 | [9.08 · 10.62 , 13.69 · 15.23] |
|
+2.97 σ |
Expensive
|
| Last 3Y | 14.18 | 2.88 | [8.43 · 11.30 , 17.06 · 19.94] |
|
+0.88 σ |
Fair
|
| Last 4Y | 15.75 | 3.29 | [9.17 · 12.46 , 19.04 · 22.32] |
|
+0.29 σ |
Fair
|
| Last 5Y | 15.94 | 2.86 | [10.21 · 13.07 , 18.80 · 21.66] |
|
+0.27 σ |
Fair
|
| Last 6Y | 15.70 | 2.45 | [10.79 · 13.24 , 18.15 · 20.61] |
|
+0.41 σ |
Fair
|
| Last 7Y | 16.06 | 2.29 | [11.48 · 13.77 , 18.35 · 20.64] |
|
+0.29 σ |
Fair
|
| Last 8Y | 16.42 | 2.21 | [11.99 · 14.21 , 18.64 · 20.85] |
|
+0.13 σ |
Fair
|
| Last 9Y | 16.71 | 2.13 | [12.45 · 14.58 , 18.84 · 20.96] |
|
+0.00 σ |
Fair
|
| Last 10Y | 16.87 | 1.92 | [13.03 · 14.95 , 18.78 · 20.70] |
|
-0.08 σ |
Fair
|
| Last 11Y | 16.74 | 1.77 | [13.19 · 14.96 , 18.51 · 20.29] |
|
-0.01 σ |
Fair
|
| Last 12Y | 16.46 | 1.84 | [12.78 · 14.62 , 18.31 · 20.15] |
|
+0.14 σ |
Fair
|
| Last 13Y | 16.03 | 2.13 | [11.77 · 13.90 , 18.16 · 20.29] |
|
+0.32 σ |
Fair
|
| Last 14Y | 15.71 | 2.25 | [11.22 · 13.47 , 17.96 · 20.21] |
|
+0.45 σ |
Fair
|
| Last 15Y | 15.53 | 2.27 | [10.98 · 13.25 , 17.80 · 20.08] |
|
+0.52 σ |
Fair
|
| Last 16Y | 15.16 | 2.45 | [10.26 · 12.71 , 17.61 · 20.06] |
|
+0.63 σ |
Fair
|
| Last 17Y | 14.81 | 2.65 | [9.51 · 12.16 , 17.46 · 20.11] |
|
+0.72 σ |
Fair
|
| Last 18Y | 14.59 | 2.61 | [9.37 · 11.98 , 17.20 · 19.81] |
|
+0.81 σ |
Fair
|
| Last 19Y | 14.43 | 2.58 | [9.27 · 11.85 , 17.00 · 19.58] |
|
+0.89 σ |
Fair
|
| Last 20Y | 14.32 | 2.54 | [9.25 · 11.78 , 16.86 · 19.40] |
|
+0.94 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 | 16.71 |
|
+7.28 σ | +0.27 σ | -0.08 σ | +0.94 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
| Developed ex-US | 16.49 |
|
+3.85 σ | +1.53 σ | +2.61 σ | +2.67 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 | +5.63% | 26 Jul | |
| Short Term | Price vs SMA50 | +2.01% | 26 Jul |
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.