France Stock Market: current P/E Ratio

17.50
Last update: 22 April 2024

The estimated P/E Ratio for France Stock Market is 17.50, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [13.49 , 16.96]. 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.

22 April 2024 · P/E Ratio: 17.50
22 April 2024 · P/E Ratio: 17.50 · 1Y Average: 16.12 · 1 Std Dev range: [15.46 , 16.78] · 2 Std Dev range: [14.79 , 17.45]
22 April 2024 · P/E Ratio: 17.50 · 5Y Average: 15.23 · 1 Std Dev range: [13.49 , 16.96] · 2 Std Dev range: [11.76 , 18.69]
22 April 2024 · P/E Ratio: 17.50 · 10Y Average: 14.56 · 1 Std Dev range: [13.38 , 15.75] · 2 Std Dev range: [12.20 , 16.93]
22 April 2024 · P/E Ratio: 17.50 · 20Y Average: 12.93 · 1 Std Dev range: [11.35 , 14.52] · 2 Std Dev range: [9.76 , 16.10]
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".
22 April 2024 · P/E Ratio: 17.50 · 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
( 17.50 )
Deviation
vs μ
Valuation
Last 1Y 16.12 0.66 [14.79 · 15.46 , 16.78 · 17.45]
+2.07 σ
Expensive
Last 2Y 14.13 1.97 [10.19 · 12.16 , 16.10 · 18.07]
+1.71 σ
Overvalued
Last 3Y 14.75 1.84 [11.08 · 12.91 , 16.59 · 18.43]
+1.49 σ
Overvalued
Last 4Y 15.50 1.87 [11.76 · 13.63 , 17.37 · 19.23]
+1.07 σ
Overvalued
Last 5Y 15.23 1.73 [11.76 · 13.49 , 16.96 · 18.69]
+1.31 σ
Overvalued
Last 6Y 14.80 1.68 [11.43 · 13.12 , 16.48 · 18.17]
+1.60 σ
Overvalued
Last 7Y 14.80 1.47 [11.85 · 13.33 , 16.27 · 17.74]
+1.83 σ
Overvalued
Last 8Y 14.63 1.31 [12.02 · 13.32 , 15.94 · 17.24]
+2.19 σ
Expensive
Last 9Y 14.61 1.23 [12.16 · 13.38 , 15.84 · 17.06]
+2.35 σ
Expensive
Last 10Y 14.56 1.18 [12.20 · 13.38 , 15.75 · 16.93]
+2.48 σ
Expensive
Last 11Y 14.30 1.23 [11.85 · 13.08 , 15.53 · 16.75]
+2.60 σ
Expensive
Last 12Y 14.02 1.39 [11.23 · 12.62 , 15.41 · 16.81]
+2.49 σ
Expensive
Last 13Y 13.66 1.61 [10.45 · 12.06 , 15.27 · 16.88]
+2.38 σ
Expensive
Last 14Y 13.38 1.76 [9.86 · 11.62 , 15.14 · 16.90]
+2.34 σ
Expensive
Last 15Y 13.28 1.74 [9.79 · 11.53 , 15.02 · 16.76]
+2.42 σ
Expensive
Last 16Y 12.99 1.84 [9.31 · 11.15 , 14.84 · 16.68]
+2.44 σ
Expensive
Last 17Y 12.93 1.78 [9.37 · 11.15 , 14.71 · 16.49]
+2.56 σ
Expensive
Last 18Y 12.86 1.69 [9.47 · 11.16 , 14.55 · 16.24]
+2.74 σ
Expensive
Last 19Y 12.83 1.62 [9.59 · 11.21 , 14.44 · 16.06]
+2.89 σ
Expensive
Last 20Y 12.93 1.59 [9.76 · 11.35 , 14.52 · 16.10]
+2.88 σ
Expensive

P/E Comparison

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

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
France 17.50
+2.07 σ +1.31 σ +2.48 σ +2.88 σ
All World 19.96
+3.91 σ +2.09 σ +3.44 σ +4.04 σ
Developed ex-US 14.67
+2.53 σ +0.16 σ +0.51 σ +1.03 σ

France Stock Market Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +5.55% 22 Apr
Short Term Price vs SMA50 -0.56% 22 Apr
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.