The estimated P/E Ratio for France Stock Market is 17.68, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [13.55 , 17.05]. For this reason, the current P/E can be considered Overvalued
P/E Ratio is calculated on the EWQ Etf, whose benchmark is the France 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 France 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 ( 17.68 ) |
Deviation vs μ |
Valuation |
Last 1Y | 16.18 | 0.75 | [14.68 · 15.43 , 16.93 · 17.68] |
|
+2.00 σ |
Overvalued
|
Last 2Y | 14.33 | 2.06 | [10.21 · 12.27 , 16.39 · 18.45] |
|
+1.62 σ |
Overvalued
|
Last 3Y | 14.75 | 1.84 | [11.08 · 12.91 , 16.59 · 18.43] |
|
+1.59 σ |
Overvalued
|
Last 4Y | 15.59 | 1.88 | [11.83 · 13.71 , 17.46 · 19.34] |
|
+1.11 σ |
Overvalued
|
Last 5Y | 15.30 | 1.75 | [11.79 · 13.55 , 17.05 · 18.80] |
|
+1.36 σ |
Overvalued
|
Last 6Y | 14.86 | 1.71 | [11.43 · 13.15 , 16.57 · 18.29] |
|
+1.64 σ |
Overvalued
|
Last 7Y | 14.84 | 1.51 | [11.82 · 13.33 , 16.34 · 17.85] |
|
+1.89 σ |
Overvalued
|
Last 8Y | 14.67 | 1.34 | [11.98 · 13.32 , 16.01 · 17.36] |
|
+2.24 σ |
Expensive
|
Last 9Y | 14.62 | 1.25 | [12.13 · 13.37 , 15.87 · 17.11] |
|
+2.45 σ |
Expensive
|
Last 10Y | 14.61 | 1.21 | [12.18 · 13.39 , 15.82 · 17.03] |
|
+2.54 σ |
Expensive
|
Last 11Y | 14.35 | 1.24 | [11.88 · 13.11 , 15.59 · 16.83] |
|
+2.69 σ |
Expensive
|
Last 12Y | 14.07 | 1.40 | [11.27 · 12.67 , 15.47 · 16.86] |
|
+2.58 σ |
Expensive
|
Last 13Y | 13.72 | 1.60 | [10.51 · 12.11 , 15.32 · 16.93] |
|
+2.47 σ |
Expensive
|
Last 14Y | 13.42 | 1.78 | [9.86 · 11.64 , 15.20 · 16.98] |
|
+2.39 σ |
Expensive
|
Last 15Y | 13.32 | 1.74 | [9.83 · 11.58 , 15.07 · 16.81] |
|
+2.50 σ |
Expensive
|
Last 16Y | 13.04 | 1.85 | [9.33 · 11.18 , 14.89 · 16.74] |
|
+2.51 σ |
Expensive
|
Last 17Y | 12.95 | 1.80 | [9.35 · 11.15 , 14.76 · 16.56] |
|
+2.62 σ |
Expensive
|
Last 18Y | 12.88 | 1.72 | [9.44 · 11.16 , 14.59 · 16.31] |
|
+2.80 σ |
Expensive
|
Last 19Y | 12.85 | 1.64 | [9.57 · 11.21 , 14.48 · 16.12] |
|
+2.95 σ |
Expensive
|
Last 20Y | 12.94 | 1.59 | [9.75 · 11.34 , 14.53 · 16.12] |
|
+2.98 σ |
Expensive
|
P/E Comparison
How is the France Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
France | 17.68 |
|
+2.00 σ | +1.36 σ | +2.54 σ | +2.98 σ | |
All World | 20.50 |
|
+4.16 σ | +2.37 σ | +3.77 σ | +4.38 σ | ||
Developed ex-US | 15.04 |
|
+2.64 σ | +0.44 σ | +0.94 σ | +1.36 σ |
France Stock Market Trend
Trend is evaluated considering the price of the EWQ Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +6.43% | 03 May | |
Short Term | Price vs SMA50 | -0.10% | 03 May |