Denmark Stock Market: current P/E Ratio

16.29
Last update: 17 January 2025

The estimated P/E Ratio for Denmark Stock Market is 16.29, calculated on 17 January 2025.

Considering the last 5 years, an average P/E interval is [14.97 , 23.62]. 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.

17 January 2025 · P/E Ratio: 16.29
17 January 2025 · P/E Ratio: 16.29 · 1Y Average: 18.29 · 1 Std Dev range: [16.84 , 19.75] · 2 Std Dev range: [15.38 , 21.20]
17 January 2025 · P/E Ratio: 16.29 · 5Y Average: 19.30 · 1 Std Dev range: [14.97 , 23.62] · 2 Std Dev range: [10.65 , 27.95]
17 January 2025 · P/E Ratio: 16.29 · 10Y Average: 18.63 · 1 Std Dev range: [16.27 , 20.99] · 2 Std Dev range: [13.90 , 23.35]
17 January 2025 · P/E Ratio: 16.29 · 20Y Average: 16.51 · 1 Std Dev range: [14.66 , 18.37] · 2 Std Dev range: [12.80 , 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".
17 January 2025 · P/E Ratio: 16.29 · 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
( 16.29 )
Deviation
vs μ
Valuation
Last 1Y 18.29 1.46 [15.38 · 16.84 , 19.75 · 21.20]
-1.38 σ
Undervalued
Last 2Y 15.14 2.80 [9.54 · 12.34 , 17.94 · 20.74]
+0.41 σ
Fair
Last 3Y 15.35 2.53 [10.29 · 12.82 , 17.88 · 20.40]
+0.37 σ
Fair
Last 4Y 17.29 3.66 [9.97 · 13.63 , 20.94 · 24.60]
-0.27 σ
Fair
Last 5Y 19.30 4.33 [10.65 · 14.97 , 23.62 · 27.95]
-0.70 σ
Fair
Last 6Y 19.23 3.70 [11.84 · 15.54 , 22.93 · 26.63]
-0.80 σ
Fair
Last 7Y 18.92 3.31 [12.31 · 15.62 , 22.23 · 25.53]
-0.80 σ
Fair
Last 8Y 18.57 2.90 [12.76 · 15.66 , 21.47 · 24.37]
-0.78 σ
Fair
Last 9Y 18.50 2.60 [13.30 · 15.90 , 21.10 · 23.71]
-0.85 σ
Fair
Last 10Y 18.63 2.36 [13.90 · 16.27 , 20.99 · 23.35]
-0.99 σ
Fair
Last 11Y 18.41 2.07 [14.26 · 16.33 , 20.48 · 22.55]
-1.02 σ
Undervalued
Last 12Y 18.06 2.10 [13.86 · 15.96 , 20.16 · 22.26]
-0.84 σ
Fair
Last 13Y 17.75 2.00 [13.76 · 15.76 , 19.75 · 21.75]
-0.73 σ
Fair
Last 14Y 17.41 2.10 [13.21 · 15.31 , 19.51 · 21.61]
-0.53 σ
Fair
Last 15Y 17.30 2.07 [13.17 · 15.23 , 19.37 · 21.43]
-0.49 σ
Fair
Last 16Y 17.12 1.95 [13.22 · 15.17 , 19.06 · 21.01]
-0.42 σ
Fair
Last 17Y 16.81 2.07 [12.67 · 14.74 , 18.88 · 20.95]
-0.25 σ
Fair
Last 18Y 16.71 1.93 [12.86 · 14.79 , 18.64 · 20.57]
-0.22 σ
Fair
Last 19Y 16.59 1.88 [12.84 · 14.72 , 18.47 · 20.35]
-0.16 σ
Fair
Last 20Y 16.51 1.86 [12.80 · 14.66 , 18.37 · 20.22]
-0.12 σ
Fair

P/E Comparison

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

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Denmark 16.29
-1.38 σ -0.70 σ -0.99 σ -0.12 σ
All World 21.60
+1.63 σ +2.57 σ +3.64 σ +4.47 σ
Developed ex-US 16.40
+1.32 σ +1.13 σ +2.10 σ +2.54 σ

Denmark Stock Market Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -15.16% 17 Jan
Short Term Price vs SMA50 -7.29% 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.