19.39
Last update: 17 May 2024
The estimated P/E Ratio for France Stock Market is 19.39, calculated on 17 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 Expensive
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.
17 May 2024 · P/E Ratio: 19.39
17 May 2024 · P/E Ratio: 19.39 ·
1Y Average: 16.18 ·
1 Std Dev range: [15.43 , 16.93] ·
2 Std Dev range: [14.68 , 17.68]
17 May 2024 · P/E Ratio: 19.39 ·
5Y Average: 15.30 ·
1 Std Dev range: [13.55 , 17.05] ·
2 Std Dev range: [11.79 , 18.80]
17 May 2024 · P/E Ratio: 19.39 ·
10Y Average: 14.61 ·
1 Std Dev range: [13.39 , 15.82] ·
2 Std Dev range: [12.18 , 17.03]
17 May 2024 · P/E Ratio: 19.39 ·
20Y Average: 12.94 ·
1 Std Dev range: [11.34 , 14.53] ·
2 Std Dev range: [9.75 , 16.12]
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".
17 May 2024 · P/E Ratio: 19.39 · 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 ( 19.39 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 16.18 | 0.75 | [14.68 · 15.43 , 16.93 · 17.68] |
|
+4.28 σ |
Expensive
|
| Last 2Y | 14.33 | 2.06 | [10.21 · 12.27 , 16.39 · 18.45] |
|
+2.45 σ |
Expensive
|
| Last 3Y | 14.75 | 1.84 | [11.08 · 12.91 , 16.59 · 18.43] |
|
+2.52 σ |
Expensive
|
| Last 4Y | 15.59 | 1.88 | [11.83 · 13.71 , 17.46 · 19.34] |
|
+2.02 σ |
Expensive
|
| Last 5Y | 15.30 | 1.75 | [11.79 · 13.55 , 17.05 · 18.80] |
|
+2.34 σ |
Expensive
|
| Last 6Y | 14.86 | 1.71 | [11.43 · 13.15 , 16.57 · 18.29] |
|
+2.64 σ |
Expensive
|
| Last 7Y | 14.84 | 1.51 | [11.82 · 13.33 , 16.34 · 17.85] |
|
+3.02 σ |
Expensive
|
| Last 8Y | 14.67 | 1.34 | [11.98 · 13.32 , 16.01 · 17.36] |
|
+3.51 σ |
Expensive
|
| Last 9Y | 14.62 | 1.25 | [12.13 · 13.37 , 15.87 · 17.11] |
|
+3.82 σ |
Expensive
|
| Last 10Y | 14.61 | 1.21 | [12.18 · 13.39 , 15.82 · 17.03] |
|
+3.95 σ |
Expensive
|
| Last 11Y | 14.35 | 1.24 | [11.88 · 13.11 , 15.59 · 16.83] |
|
+4.07 σ |
Expensive
|
| Last 12Y | 14.07 | 1.40 | [11.27 · 12.67 , 15.47 · 16.86] |
|
+3.81 σ |
Expensive
|
| Last 13Y | 13.72 | 1.60 | [10.51 · 12.11 , 15.32 · 16.93] |
|
+3.53 σ |
Expensive
|
| Last 14Y | 13.42 | 1.78 | [9.86 · 11.64 , 15.20 · 16.98] |
|
+3.36 σ |
Expensive
|
| Last 15Y | 13.32 | 1.74 | [9.83 · 11.58 , 15.07 · 16.81] |
|
+3.48 σ |
Expensive
|
| Last 16Y | 13.04 | 1.85 | [9.33 · 11.18 , 14.89 · 16.74] |
|
+3.43 σ |
Expensive
|
| Last 17Y | 12.95 | 1.80 | [9.35 · 11.15 , 14.76 · 16.56] |
|
+3.57 σ |
Expensive
|
| Last 18Y | 12.88 | 1.72 | [9.44 · 11.16 , 14.59 · 16.31] |
|
+3.80 σ |
Expensive
|
| Last 19Y | 12.85 | 1.64 | [9.57 · 11.21 , 14.48 · 16.12] |
|
+4.00 σ |
Expensive
|
| Last 20Y | 12.94 | 1.59 | [9.75 · 11.34 , 14.53 · 16.12] |
|
+4.06 σ |
Expensive
|
P/E Comparison
How is the France 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 | |||
|
|
France | 19.39 |
|
+4.28 σ | +2.34 σ | +3.95 σ | +4.06 σ | |
| All World | 21.20 |
|
+5.06 σ | +2.85 σ | +4.34 σ | +4.88 σ | ||
| Developed ex-US | 16.25 |
|
+5.25 σ | +1.42 σ | +2.44 σ | +2.45 σ | ||
France Stock Market Trend
Trend is evaluated considering the price of the EWQ Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +10.22% | 17 May | |
| Short Term | Price vs SMA50 | +3.09% | 17 May |
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.