Chile Stock Market: current P/E Ratio

9.94
Last update: 03 May 2024

The estimated P/E Ratio for Chile Stock Market is 9.94, calculated on 03 May 2024.

Considering the last 5 years, an average P/E interval is [7.72 , 14.24]. For this reason, the current P/E can be considered Fair

P/E Ratio is calculated on the ECH Etf, whose benchmark is the Chile 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 Chile Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.

03 May 2024 · P/E Ratio: 9.94
03 May 2024 · P/E Ratio: 9.94 · 1Y Average: 5.70 · 1 Std Dev range: [5.04 , 6.36] · 2 Std Dev range: [4.38 , 7.02]
03 May 2024 · P/E Ratio: 9.94 · 5Y Average: 10.98 · 1 Std Dev range: [7.72 , 14.24] · 2 Std Dev range: [4.46 , 17.51]
03 May 2024 · P/E Ratio: 9.94 · 10Y Average: 13.64 · 1 Std Dev range: [10.94 , 16.34] · 2 Std Dev range: [8.23 , 19.04]
03 May 2024 · P/E Ratio: 9.94 · 20Y Average: 14.94 · 1 Std Dev range: [13.34 , 16.53] · 2 Std Dev range: [11.75 , 18.12]
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".
03 May 2024 · P/E Ratio: 9.94 · 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
( 9.94 )
Deviation
vs μ
Valuation
Last 1Y 5.70 0.66 [4.38 · 5.04 , 6.36 · 7.02]
+6.42 σ
Expensive
Last 2Y 6.68 1.13 [4.43 · 5.56 , 7.81 · 8.94]
+2.88 σ
Expensive
Last 3Y 7.99 2.00 [3.99 · 5.99 , 9.99 · 11.99]
+0.98 σ
Fair
Last 4Y 9.87 3.29 [3.28 · 6.58 , 13.16 · 16.46]
+0.02 σ
Fair
Last 5Y 10.98 3.26 [4.46 · 7.72 , 14.24 · 17.51]
-0.32 σ
Fair
Last 6Y 11.85 3.34 [5.16 · 8.51 , 15.20 · 18.54]
-0.57 σ
Fair
Last 7Y 12.77 3.50 [5.77 · 9.27 , 16.27 · 19.77]
-0.81 σ
Fair
Last 8Y 13.14 3.26 [6.62 · 9.88 , 16.40 · 19.66]
-0.98 σ
Fair
Last 9Y 13.30 2.98 [7.34 · 10.32 , 16.29 · 19.27]
-1.13 σ
Undervalued
Last 10Y 13.64 2.70 [8.23 · 10.94 , 16.34 · 19.04]
-1.37 σ
Undervalued
Last 11Y 13.75 2.50 [8.75 · 11.25 , 16.25 · 18.75]
-1.53 σ
Undervalued
Last 12Y 13.98 2.39 [9.21 · 11.60 , 16.37 · 18.76]
-1.69 σ
Undervalued
Last 13Y 14.05 2.23 [9.58 · 11.82 , 16.29 · 18.52]
-1.84 σ
Undervalued
Last 14Y 14.22 2.13 [9.96 · 12.09 , 16.35 · 18.48]
-2.01 σ
Cheap
Last 15Y 14.47 2.01 [10.46 · 12.46 , 16.48 · 18.49]
-2.26 σ
Cheap
Last 16Y 14.42 1.91 [10.61 · 12.52 , 16.33 · 18.24]
-2.35 σ
Cheap
Last 17Y 14.57 1.86 [10.86 · 12.72 , 16.43 · 18.29]
-2.50 σ
Cheap
Last 18Y 14.74 1.83 [11.08 · 12.91 , 16.57 · 18.41]
-2.62 σ
Cheap
Last 19Y 14.84 1.72 [11.39 · 13.11 , 16.56 · 18.29]
-2.84 σ
Cheap
Last 20Y 14.94 1.59 [11.75 · 13.34 , 16.53 · 18.12]
-3.14 σ
Cheap

P/E Comparison

How is the Chile Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Chile 9.94
+6.42 σ -0.32 σ -1.37 σ -3.14 σ
All World 20.50
+4.16 σ +2.37 σ +3.77 σ +4.38 σ
Emerging Markets 14.10
+3.63 σ +0.49 σ +1.11 σ +1.33 σ

Chile Stock Market Trend

Trend is evaluated considering the price of the ECH Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +3.13% 03 May
Short Term Price vs SMA50 +4.01% 03 May
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.