France Stock Market: current P/E Ratio

19.25
Last update: 18 July 2024

The estimated P/E Ratio for France Stock Market is 19.25, calculated on 18 July 2024.

Considering the last 5 years, an average P/E interval is [13.69 , 17.24]. 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.

18 July 2024 · P/E Ratio: 19.25
18 July 2024 · P/E Ratio: 19.25 · 1Y Average: 16.46 · 1 Std Dev range: [15.60 , 17.32] · 2 Std Dev range: [14.73 , 18.19]
18 July 2024 · P/E Ratio: 19.25 · 5Y Average: 15.46 · 1 Std Dev range: [13.69 , 17.24] · 2 Std Dev range: [11.91 , 19.02]
18 July 2024 · P/E Ratio: 19.25 · 10Y Average: 14.68 · 1 Std Dev range: [13.40 , 15.95] · 2 Std Dev range: [12.13 , 17.23]
18 July 2024 · P/E Ratio: 19.25 · 20Y Average: 12.95 · 1 Std Dev range: [11.34 , 14.56] · 2 Std Dev range: [9.72 , 16.18]
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".
18 July 2024 · P/E Ratio: 19.25 · 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
( 19.25 )
Deviation
vs μ
Valuation
Last 1Y 16.46 0.86 [14.73 · 15.60 , 17.32 · 18.19]
+3.23 σ
Expensive
Last 2Y 14.91 2.06 [10.79 · 12.85 , 16.97 · 19.03]
+2.10 σ
Expensive
Last 3Y 14.75 1.84 [11.08 · 12.91 , 16.59 · 18.43]
+2.45 σ
Expensive
Last 4Y 15.63 1.90 [11.82 · 13.72 , 17.53 · 19.43]
+1.90 σ
Overvalued
Last 5Y 15.46 1.78 [11.91 · 13.69 , 17.24 · 19.02]
+2.13 σ
Expensive
Last 6Y 14.97 1.78 [11.41 · 13.19 , 16.75 · 18.53]
+2.41 σ
Expensive
Last 7Y 14.91 1.57 [11.76 · 13.34 , 16.48 · 18.06]
+2.76 σ
Expensive
Last 8Y 14.76 1.41 [11.94 · 13.35 , 16.17 · 17.58]
+3.18 σ
Expensive
Last 9Y 14.66 1.31 [12.05 · 13.35 , 15.97 · 17.27]
+3.51 σ
Expensive
Last 10Y 14.68 1.27 [12.13 · 13.40 , 15.95 · 17.23]
+3.59 σ
Expensive
Last 11Y 14.45 1.26 [11.92 · 13.19 , 15.72 · 16.98]
+3.79 σ
Expensive
Last 12Y 14.17 1.41 [11.35 · 12.76 , 15.58 · 16.99]
+3.60 σ
Expensive
Last 13Y 13.83 1.60 [10.63 · 12.23 , 15.43 · 17.03]
+3.39 σ
Expensive
Last 14Y 13.51 1.80 [9.92 · 11.72 , 15.31 · 17.10]
+3.19 σ
Expensive
Last 15Y 13.41 1.77 [9.86 · 11.64 , 15.18 · 16.95]
+3.29 σ
Expensive
Last 16Y 13.12 1.88 [9.37 · 11.24 , 15.00 · 16.87]
+3.26 σ
Expensive
Last 17Y 12.99 1.85 [9.29 · 11.14 , 14.85 · 16.70]
+3.38 σ
Expensive
Last 18Y 12.93 1.75 [9.42 · 11.18 , 14.68 · 16.44]
+3.60 σ
Expensive
Last 19Y 12.89 1.68 [9.54 · 11.22 , 14.57 · 16.25]
+3.79 σ
Expensive
Last 20Y 12.95 1.61 [9.72 · 11.34 , 14.56 · 16.18]
+3.90 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 19.25
+3.23 σ +2.13 σ +3.59 σ +3.90 σ
All World 20.63
+2.80 σ +2.32 σ +3.65 σ +4.33 σ
Developed ex-US 16.62
+4.06 σ +1.63 σ +2.76 σ +2.79 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 -0.02% 18 Jul
Short Term Price vs SMA50 -3.28% 18 Jul
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.