19.19
Last update: 21 February 2025
The estimated P/E Ratio for Canada Stock Market is 19.19, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [13.31 , 16.48]. 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.
21 February 2025 · P/E Ratio: 19.19
21 February 2025 · P/E Ratio: 19.19 ·
1Y Average: 17.83 ·
1 Std Dev range: [17.01 , 18.64] ·
2 Std Dev range: [16.19 , 19.46]
21 February 2025 · P/E Ratio: 19.19 ·
5Y Average: 14.90 ·
1 Std Dev range: [13.31 , 16.48] ·
2 Std Dev range: [11.73 , 18.07]
21 February 2025 · P/E Ratio: 19.19 ·
10Y Average: 14.93 ·
1 Std Dev range: [13.79 , 16.08] ·
2 Std Dev range: [12.65 , 17.22]
21 February 2025 · P/E Ratio: 19.19 ·
20Y Average: 14.24 ·
1 Std Dev range: [13.21 , 15.27] ·
2 Std Dev range: [12.18 , 16.30]
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".
21 February 2025 · P/E Ratio: 19.19 · 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 ( 19.19 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 17.83 | 0.82 | [16.19 · 17.01 , 18.64 · 19.46] |
|
+1.68 σ |
Overvalued
|
| Last 2Y | 15.62 | 1.92 | [11.78 · 13.70 , 17.54 · 19.45] |
|
+1.86 σ |
Overvalued
|
| Last 3Y | 14.20 | 1.94 | [10.33 · 12.27 , 16.14 · 18.08] |
|
+2.58 σ |
Expensive
|
| Last 4Y | 14.42 | 1.56 | [11.30 · 12.86 , 15.98 · 17.54] |
|
+3.06 σ |
Expensive
|
| Last 5Y | 14.90 | 1.58 | [11.73 · 13.31 , 16.48 · 18.07] |
|
+2.71 σ |
Expensive
|
| Last 6Y | 14.66 | 1.36 | [11.94 · 13.30 , 16.02 · 17.38] |
|
+3.34 σ |
Expensive
|
| Last 7Y | 14.46 | 1.28 | [11.91 · 13.18 , 15.74 · 17.02] |
|
+3.70 σ |
Expensive
|
| Last 8Y | 14.59 | 1.15 | [12.28 · 13.44 , 15.75 · 16.90] |
|
+3.99 σ |
Expensive
|
| Last 9Y | 14.80 | 1.15 | [12.49 · 13.65 , 15.95 · 17.11] |
|
+3.80 σ |
Expensive
|
| Last 10Y | 14.93 | 1.14 | [12.65 · 13.79 , 16.08 · 17.22] |
|
+3.73 σ |
Expensive
|
| Last 11Y | 14.87 | 1.05 | [12.77 · 13.82 , 15.91 · 16.96] |
|
+4.14 σ |
Expensive
|
| Last 12Y | 14.72 | 1.06 | [12.59 · 13.65 , 15.78 · 16.85] |
|
+4.20 σ |
Expensive
|
| Last 13Y | 14.49 | 1.16 | [12.18 · 13.34 , 15.65 · 16.81] |
|
+4.07 σ |
Expensive
|
| Last 14Y | 14.36 | 1.20 | [11.96 · 13.16 , 15.56 · 16.76] |
|
+4.02 σ |
Expensive
|
| Last 15Y | 14.36 | 1.14 | [12.07 · 13.22 , 15.50 · 16.64] |
|
+4.24 σ |
Expensive
|
| Last 16Y | 14.29 | 1.11 | [12.07 · 13.18 , 15.40 · 16.51] |
|
+4.42 σ |
Expensive
|
| Last 17Y | 14.15 | 1.17 | [11.82 · 12.99 , 15.32 · 16.49] |
|
+4.32 σ |
Expensive
|
| Last 18Y | 14.21 | 1.13 | [11.95 · 13.08 , 15.33 · 16.46] |
|
+4.42 σ |
Expensive
|
| Last 19Y | 14.22 | 1.08 | [12.05 · 13.13 , 15.30 · 16.38] |
|
+4.60 σ |
Expensive
|
| Last 20Y | 14.24 | 1.03 | [12.18 · 13.21 , 15.27 · 16.30] |
|
+4.82 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 | 19.19 |
|
+1.68 σ | +2.71 σ | +3.73 σ | +4.82 σ | |
| All World | 21.12 |
|
+1.04 σ | +2.13 σ | +3.20 σ | +4.10 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 | +3.77% | 21 Feb | |
| Short Term | Price vs SMA50 | +0.88% | 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.