16.77
Last update: 20 November 2024
The estimated P/E Ratio for Denmark Stock Market is 16.77, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [15.19 , 23.80]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EDEN Etf, whose benchmark is the Denmark 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 Denmark Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
20 November 2024 · P/E Ratio: 16.77
20 November 2024 · P/E Ratio: 16.77 ·
1Y Average: 17.99 ·
1 Std Dev range: [16.09 , 19.88] ·
2 Std Dev range: [14.20 , 21.77]
20 November 2024 · P/E Ratio: 16.77 ·
5Y Average: 19.50 ·
1 Std Dev range: [15.19 , 23.80] ·
2 Std Dev range: [10.89 , 28.11]
20 November 2024 · P/E Ratio: 16.77 ·
10Y Average: 18.63 ·
1 Std Dev range: [16.27 , 20.99] ·
2 Std Dev range: [13.90 , 23.35]
20 November 2024 · P/E Ratio: 16.77 ·
20Y Average: 16.49 ·
1 Std Dev range: [14.63 , 18.36] ·
2 Std Dev range: [12.76 , 20.22]
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".
20 November 2024 · P/E Ratio: 16.77 · 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 ( 16.77 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 17.99 | 1.89 | [14.20 · 16.09 , 19.88 · 21.77] |
|
-0.64 σ |
Fair
|
| Last 2Y | 14.70 | 2.88 | [8.94 · 11.82 , 17.59 · 20.47] |
|
+0.72 σ |
Fair
|
| Last 3Y | 15.56 | 2.74 | [10.08 · 12.82 , 18.30 · 21.04] |
|
+0.44 σ |
Fair
|
| Last 4Y | 17.71 | 3.99 | [9.73 · 13.72 , 21.70 · 25.69] |
|
-0.23 σ |
Fair
|
| Last 5Y | 19.50 | 4.30 | [10.89 · 15.19 , 23.80 · 28.11] |
|
-0.63 σ |
Fair
|
| Last 6Y | 19.23 | 3.70 | [11.83 · 15.53 , 22.93 · 26.63] |
|
-0.66 σ |
Fair
|
| Last 7Y | 18.95 | 3.29 | [12.37 · 15.66 , 22.24 · 25.53] |
|
-0.66 σ |
Fair
|
| Last 8Y | 18.55 | 2.92 | [12.71 · 15.63 , 21.46 · 24.38] |
|
-0.61 σ |
Fair
|
| Last 9Y | 18.55 | 2.58 | [13.39 · 15.97 , 21.14 · 23.72] |
|
-0.69 σ |
Fair
|
| Last 10Y | 18.63 | 2.36 | [13.90 · 16.27 , 20.99 · 23.35] |
|
-0.79 σ |
Fair
|
| Last 11Y | 18.38 | 2.10 | [14.18 · 16.28 , 20.48 · 22.59] |
|
-0.77 σ |
Fair
|
| Last 12Y | 18.03 | 2.13 | [13.77 · 15.90 , 20.16 · 22.29] |
|
-0.59 σ |
Fair
|
| Last 13Y | 17.71 | 2.05 | [13.62 · 15.66 , 19.76 · 21.81] |
|
-0.46 σ |
Fair
|
| Last 14Y | 17.38 | 2.13 | [13.11 · 15.24 , 19.51 · 21.64] |
|
-0.28 σ |
Fair
|
| Last 15Y | 17.30 | 2.07 | [13.17 · 15.24 , 19.37 · 21.43] |
|
-0.26 σ |
Fair
|
| Last 16Y | 17.07 | 2.00 | [13.07 · 15.07 , 19.07 · 21.07] |
|
-0.15 σ |
Fair
|
| Last 17Y | 16.79 | 2.08 | [12.62 · 14.71 , 18.87 · 20.96] |
|
-0.01 σ |
Fair
|
| Last 18Y | 16.70 | 1.93 | [12.84 · 14.77 , 18.64 · 20.57] |
|
+0.04 σ |
Fair
|
| Last 19Y | 16.57 | 1.90 | [12.78 · 14.67 , 18.46 · 20.36] |
|
+0.11 σ |
Fair
|
| Last 20Y | 16.49 | 1.87 | [12.76 · 14.63 , 18.36 · 20.22] |
|
+0.15 σ |
Fair
|
P/E Comparison
How is the Denmark 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 | |||
|
|
Denmark | 16.77 |
|
-0.64 σ | -0.63 σ | -0.79 σ | +0.15 σ | |
| All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 σ | ||
| Developed ex-US | 15.95 |
|
+0.98 σ | +0.84 σ | +1.69 σ | +2.16 σ | ||
Denmark Stock Market Trend
Trend is evaluated considering the price of the EDEN Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -8.06% | 20 Nov | |
| Short Term | Price vs SMA50 | -7.05% | 20 Nov |
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.