Chile Stock Market: current P/E Ratio

11.27
Last update: 24 June 2024

The estimated P/E Ratio for Chile Stock Market is 11.27, calculated on 24 June 2024.

Considering the last 5 years, an average P/E interval is [7.67 , 14.16]. 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.

24 June 2024 · P/E Ratio: 11.27
24 June 2024 · P/E Ratio: 11.27 · 1Y Average: 5.96 · 1 Std Dev range: [5.24 , 6.68] · 2 Std Dev range: [4.52 , 7.40]
24 June 2024 · P/E Ratio: 11.27 · 5Y Average: 10.92 · 1 Std Dev range: [7.67 , 14.16] · 2 Std Dev range: [4.43 , 17.40]
24 June 2024 · P/E Ratio: 11.27 · 10Y Average: 13.59 · 1 Std Dev range: [10.87 , 16.30] · 2 Std Dev range: [8.15 , 19.02]
24 June 2024 · P/E Ratio: 11.27 · 20Y Average: 14.90 · 1 Std Dev range: [13.28 , 16.51] · 2 Std Dev range: [11.66 , 18.13]
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".
24 June 2024 · P/E Ratio: 11.27 · 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
( 11.27 )
Deviation
vs μ
Valuation
Last 1Y 5.96 0.72 [4.52 · 5.24 , 6.68 · 7.40]
+7.38 σ
Expensive
Last 2Y 6.68 1.13 [4.43 · 5.56 , 7.81 · 8.94]
+4.06 σ
Expensive
Last 3Y 7.92 1.89 [4.14 · 6.03 , 9.81 · 11.71]
+1.77 σ
Overvalued
Last 4Y 9.80 3.26 [3.28 · 6.54 , 13.07 · 16.33]
+0.45 σ
Fair
Last 5Y 10.92 3.24 [4.43 · 7.67 , 14.16 · 17.40]
+0.11 σ
Fair
Last 6Y 11.74 3.30 [5.15 · 8.45 , 15.04 · 18.34]
-0.14 σ
Fair
Last 7Y 12.68 3.48 [5.71 · 9.19 , 16.16 · 19.64]
-0.40 σ
Fair
Last 8Y 13.09 3.27 [6.54 · 9.82 , 16.37 · 19.64]
-0.56 σ
Fair
Last 9Y 13.24 2.98 [7.27 · 10.25 , 16.22 · 19.20]
-0.66 σ
Fair
Last 10Y 13.59 2.72 [8.15 · 10.87 , 16.30 · 19.02]
-0.85 σ
Fair
Last 11Y 13.69 2.51 [8.68 · 11.18 , 16.20 · 18.70]
-0.97 σ
Fair
Last 12Y 13.95 2.41 [9.12 · 11.53 , 16.36 · 18.77]
-1.11 σ
Undervalued
Last 13Y 14.01 2.26 [9.49 · 11.75 , 16.27 · 18.52]
-1.21 σ
Undervalued
Last 14Y 14.18 2.16 [9.87 · 12.03 , 16.34 · 18.50]
-1.35 σ
Undervalued
Last 15Y 14.44 2.04 [10.36 · 12.40 , 16.48 · 18.52]
-1.56 σ
Undervalued
Last 16Y 14.38 1.93 [10.52 · 12.45 , 16.31 · 18.25]
-1.61 σ
Undervalued
Last 17Y 14.53 1.87 [10.78 · 12.66 , 16.40 · 18.28]
-1.74 σ
Undervalued
Last 18Y 14.72 1.86 [10.99 · 12.85 , 16.58 · 18.44]
-1.85 σ
Undervalued
Last 19Y 14.81 1.76 [11.29 · 13.05 , 16.56 · 18.32]
-2.01 σ
Cheap
Last 20Y 14.90 1.62 [11.66 · 13.28 , 16.51 · 18.13]
-2.24 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 11.27
+7.38 σ +0.11 σ -0.85 σ -2.24 σ
All World 20.22
+2.80 σ +2.11 σ +3.44 σ +4.12 σ
Emerging Markets 14.30
+3.50 σ +0.61 σ +1.31 σ +1.51 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 -1.86% 24 Jun
Short Term Price vs SMA50 -5.69% 24 Jun
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.