The estimated P/E Ratio for Denmark Stock Market is 17.27, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [14.87 , 23.51]. 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.
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".
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 ( 17.27 ) |
Deviation vs μ |
Valuation |
Last 1Y | 18.38 | 1.34 | [15.70 · 17.04 , 19.71 · 21.05] |
|
-0.83 σ |
Fair
|
Last 2Y | 15.39 | 2.72 | [9.95 · 12.67 , 18.11 · 20.83] |
|
+0.69 σ |
Fair
|
Last 3Y | 15.31 | 2.50 | [10.31 · 12.81 , 17.81 · 20.30] |
|
+0.79 σ |
Fair
|
Last 4Y | 17.09 | 3.48 | [10.13 · 13.61 , 20.58 · 24.06] |
|
+0.05 σ |
Fair
|
Last 5Y | 19.19 | 4.32 | [10.54 · 14.87 , 23.51 · 27.84] |
|
-0.44 σ |
Fair
|
Last 6Y | 19.22 | 3.70 | [11.81 · 15.52 , 22.93 · 26.63] |
|
-0.53 σ |
Fair
|
Last 7Y | 18.90 | 3.32 | [12.27 · 15.58 , 22.21 · 25.53] |
|
-0.49 σ |
Fair
|
Last 8Y | 18.57 | 2.90 | [12.77 · 15.67 , 21.47 · 24.37] |
|
-0.45 σ |
Fair
|
Last 9Y | 18.49 | 2.61 | [13.27 · 15.88 , 21.10 · 23.70] |
|
-0.47 σ |
Fair
|
Last 10Y | 18.64 | 2.35 | [13.93 · 16.28 , 20.99 · 23.34] |
|
-0.58 σ |
Fair
|
Last 11Y | 18.41 | 2.07 | [14.27 · 16.34 , 20.48 · 22.55] |
|
-0.55 σ |
Fair
|
Last 12Y | 18.08 | 2.08 | [13.91 · 15.99 , 20.16 · 22.25] |
|
-0.39 σ |
Fair
|
Last 13Y | 17.77 | 1.98 | [13.81 · 15.79 , 19.75 · 21.73] |
|
-0.25 σ |
Fair
|
Last 14Y | 17.42 | 2.09 | [13.24 · 15.33 , 19.51 · 21.61] |
|
-0.07 σ |
Fair
|
Last 15Y | 17.30 | 2.07 | [13.17 · 15.23 , 19.36 · 21.43] |
|
-0.01 σ |
Fair
|
Last 16Y | 17.14 | 1.92 | [13.30 · 15.22 , 19.06 · 20.98] |
|
+0.07 σ |
Fair
|
Last 17Y | 16.84 | 2.04 | [12.75 · 14.79 , 18.88 · 20.92] |
|
+0.21 σ |
Fair
|
Last 18Y | 16.72 | 1.93 | [12.86 · 14.79 , 18.65 · 20.58] |
|
+0.29 σ |
Fair
|
Last 19Y | 16.61 | 1.87 | [12.86 · 14.73 , 18.48 · 20.35] |
|
+0.35 σ |
Fair
|
Last 20Y | 16.52 | 1.85 | [12.82 · 14.67 , 18.37 · 20.23] |
|
+0.40 σ |
Fair
|
P/E Comparison
How is the Denmark Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Denmark | 17.27 |
|
-0.83 σ | -0.44 σ | -0.58 σ | +0.40 σ | |
All World | 21.23 |
|
+1.22 σ | +2.21 σ | +3.28 σ | +4.17 σ | ||
Developed ex-US | 17.36 |
|
+2.18 σ | +1.78 σ | +3.01 σ | +3.38 σ |
Denmark Stock Market Trend
Trend is evaluated considering the price of the EDEN Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -8.11% | 21 Feb | |
Short Term | Price vs SMA50 | +2.47% | 21 Feb |