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