18.55
Last update: 17 January 2025
The estimated P/E Ratio for Canada Stock Market is 18.55, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [13.31 , 16.36]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the EWC Etf, whose benchmark is the Canada 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 Canada 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: 18.55
17 January 2025 · P/E Ratio: 18.55 ·
1Y Average: 17.45 ·
1 Std Dev range: [16.44 , 18.46] ·
2 Std Dev range: [15.43 , 19.47]
17 January 2025 · P/E Ratio: 18.55 ·
5Y Average: 14.83 ·
1 Std Dev range: [13.31 , 16.36] ·
2 Std Dev range: [11.78 , 17.88]
17 January 2025 · P/E Ratio: 18.55 ·
10Y Average: 14.91 ·
1 Std Dev range: [13.79 , 16.02] ·
2 Std Dev range: [12.67 , 17.14]
17 January 2025 · P/E Ratio: 18.55 ·
20Y Average: 14.23 ·
1 Std Dev range: [13.21 , 15.24] ·
2 Std Dev range: [12.19 , 16.26]
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".
17 January 2025 · P/E Ratio: 18.55 · 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 ( 18.55 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 17.45 | 1.01 | [15.43 · 16.44 , 18.46 · 19.47] |
|
+1.08 σ |
Overvalued
|
| Last 2Y | 15.31 | 1.88 | [11.55 · 13.43 , 17.19 · 19.07] |
|
+1.72 σ |
Overvalued
|
| Last 3Y | 14.04 | 1.76 | [10.52 · 12.28 , 15.80 · 17.57] |
|
+2.56 σ |
Expensive
|
| Last 4Y | 14.38 | 1.49 | [11.41 · 12.89 , 15.86 · 17.35] |
|
+2.81 σ |
Expensive
|
| Last 5Y | 14.83 | 1.53 | [11.78 · 13.31 , 16.36 · 17.88] |
|
+2.43 σ |
Expensive
|
| Last 6Y | 14.58 | 1.33 | [11.93 · 13.25 , 15.91 · 17.24] |
|
+2.99 σ |
Expensive
|
| Last 7Y | 14.44 | 1.24 | [11.96 · 13.20 , 15.68 · 16.91] |
|
+3.32 σ |
Expensive
|
| Last 8Y | 14.58 | 1.13 | [12.32 · 13.45 , 15.70 · 16.83] |
|
+3.52 σ |
Expensive
|
| Last 9Y | 14.75 | 1.14 | [12.47 · 13.61 , 15.90 · 17.04] |
|
+3.32 σ |
Expensive
|
| Last 10Y | 14.91 | 1.12 | [12.67 · 13.79 , 16.02 · 17.14] |
|
+3.26 σ |
Expensive
|
| Last 11Y | 14.84 | 1.03 | [12.79 · 13.82 , 15.87 · 16.89] |
|
+3.61 σ |
Expensive
|
| Last 12Y | 14.68 | 1.06 | [12.57 · 13.63 , 15.74 · 16.80] |
|
+3.65 σ |
Expensive
|
| Last 13Y | 14.46 | 1.16 | [12.14 · 13.30 , 15.61 · 16.77] |
|
+3.53 σ |
Expensive
|
| Last 14Y | 14.35 | 1.19 | [11.98 · 13.16 , 15.53 · 16.72] |
|
+3.54 σ |
Expensive
|
| Last 15Y | 14.34 | 1.12 | [12.09 · 13.22 , 15.46 · 16.59] |
|
+3.74 σ |
Expensive
|
| Last 16Y | 14.26 | 1.11 | [12.04 · 13.15 , 15.37 · 16.48] |
|
+3.86 σ |
Expensive
|
| Last 17Y | 14.14 | 1.15 | [11.84 · 12.99 , 15.30 · 16.45] |
|
+3.82 σ |
Expensive
|
| Last 18Y | 14.20 | 1.12 | [11.96 · 13.08 , 15.31 · 16.43] |
|
+3.89 σ |
Expensive
|
| Last 19Y | 14.20 | 1.07 | [12.06 · 13.13 , 15.28 · 16.35] |
|
+4.05 σ |
Expensive
|
| Last 20Y | 14.23 | 1.02 | [12.19 · 13.21 , 15.24 · 16.26] |
|
+4.24 σ |
Expensive
|
P/E Comparison
How is the Canada 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 | |||
|
|
Canada | 18.55 |
|
+1.08 σ | +2.43 σ | +3.26 σ | +4.24 σ | |
| All World | 21.60 |
|
+1.63 σ | +2.57 σ | +3.64 σ | +4.47 σ | ||
Canada Stock Market Trend
Trend is evaluated considering the price of the EWC Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +2.51% | 17 Jan | |
| Short Term | Price vs SMA50 | -2.36% | 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.